Not since Jawaharlal Nehru went about the world marketing his young country’s leadership of a new non-aligned movement in the 1950s, has India seen anything like a salesman in its highest office. Now, Prime Minister Narendra Modi has set himself that job – and won the title of India’s salesman-in-chief. Though new for India, it has become the job description for modern heads of state, who from Barak Obama to Xi Jinping read more
As Prime Minister Narendra Modi completes one year in office, a sense of despondency pervades the customary reviews that ritually accompany such an event. Rumblings of discontent have emerged from various stakeholders, including Corporate India. But it is the stock markets that seem to have taken the lead in signalling disappointment with his performance. The bellwether index S&P BSE Sensex, comprising 30 stocks, has witnessed a major erosion in values over the past few weeks. From its all-time peak of 29,681.77 points achieved on January 29, 2015, the Sensex hit read more
The government of Prime Minister Narendra Modi has pro-actively pursued India’s agenda of modernising and indigenising its defence sector by clearing several long-pending demands of the Indian military for equipment. India’s rapidly-obsolescing military hardware has made this push imperative—the ageing of the hardware has been prominently highlighted by a string of naval accidents in the last two years and the rapidly depleting strength of the air force squadron, with the de-induction of old aircraft and delays in inducting replacements. Externally, raging border disputes with China and Pakistan, read more
If the U.S. Congress passes legislation to fast-track the Trans-Pacific Partnership (TPP), as has been reported this week, the 12-nation trade deal might soon be concluded. Meanwhile, the Regional Comprehensive Economic Partnership Agreement (RCEP), which involves the 10 ASEAN countries plus Australia, China, India, Japan, Korea, and New Zealand, remains on slow-track. While the payoffs from these two regional trade discussions will be evident only in the decades ahead, they may well represent the fable of the tortoise and the hare—the slow-moving RCEP “tortoise” wins the race against read more
News & Analysis
18 May 2015 - 22 May 2015
This paper introduces the dilemma of both India and Russia, whose state-owned energy companies are forced to operate in a region where Chinese government corporations have been dominant.
It is clear by now that China’s economy is set to slow in the years to come, although economists disagree about how much and for how long.
In this book Clifford provides a behind-the-scenes look at what companies in nine Asian countries are doing to build businesses that will lessen the environmental impact of Asia's extraordinary economic growth.