Other Briefings
Dezan Shira & Associates Webinar – Payroll in India
Oct. 23 – Dezan Shira & Associates’ professional personnel speak at numerous events, host regular podcasts, and are often interviewed by global media concerning developments in India. All of this is then captured and placed on the multimedia section of our website. Please see below an example of the downloadable multimedia available to our readers. […]
India to Privatize Six Major Airports
Oct. 22 – India’s Civil Aviation Ministry is hopeful that it will be able to privatize major airports in Chennai, Kolkata, Ahmedabad, Jaipur, Lucknow and Guwahati within a tight timeframe before the 2014 general elections. Originally developed by the Airports Authority of India (AAI), the Ministry will be handing over the airports in the next […]
World Bank: India’s Growth Potential Remains High
Oct. 18 – Despite its recent economic concerns, India is expected to see gradual growth over the coming years, according to a report released this month by the World Bank. In its semi-annual India Development Update, the World Bank said “the country’s growth potential remains high,” citing improved agricultural and export prospects, which are expected […]
Despite Default Risk, India Builds Economic Ties with U.S.
Oct. 14 – India’s Finance Minister P. Chidambaram and the U.S. Secretary of Treasury Jack Lew met this week during the fourth-annual India-U.S. Economic and Financial Partnership meeting to discuss policy reforms designed to increase bilateral economic growth between the two nations. During the talks, both delegations stressed the need to redouble their efforts on […]
India Rebuffs IMF and Predicts Stronger Growth
Oct. 14 – Indian Finance Minister P Chidambaram has strongly rejected the International Monetary Fund’s (IMF) growth forecast for India. Chidambaram has called for a review of the IMF’s methodology and pointed to what he sees as a “significant divergence between its forecasts and final numbers.” Chidambaram spoke at the IMF’s Plenary Meeting in Washington […]
India Trade Deficit Drops, Lowest Since 2011
Oct. 10 – Amid a mix of grim news coming out of India recently, a bright spot has emerged as the country’s trade deficit declined to US$6.7 billion last month from US$10.9 billion. According to the Ministry of Commerce and Industry, the deficit stood at US$17.5 billion just last year. Additionally, exports rose by 11.2 […]
City Spotlight: Chennai
Oct. 10 – Chennai is often called “the Detroit of India” as it accounts for 30 percent of the country’s automotive sector and 40 percent of auto components. Chennai, known as Madras until 1996, is the capital city of Tamil Nadu state. Considered the gateway to South India, the city has grown up around what […]
India to Become World’s Largest Infrastructure Goods Importer by 2030
Oct. 8 – According to the recently released HSBC Trade Forecast Report, by 2020 India is expected to surge past the United States as the world’s biggest importer of infrastructure goods – a position it is expected to hold until at least 2030. This is a result of the country’s increased demand for materials for […]
