Courtesy: Center for American Progress/ Flickr
The upcoming India-U.S. Strategic Dialogue offers an appropriate platform to move past complaints both sides have against each other in the trade and economic spheres. The stage can be used to re-apply emphasis on strategic relations and reach levels of goodwill established during the time of former U.S. President George W. Bush and Manmohan Singh
Courtesy: Niyantha/flickr
Keeping subsidiaries of multinational corporations publicly-listed in India exposes minority shareholders to the risk of unfair treatment by favouring the majority shareholders. In some cases, it leads to transfer pricing transactions that hurt the country’s revenue. Delisting MNCs is one way to address this problem
Courtesy: Ministry of External Affairs, India
Chinese Premier Li Keqiang is also a salesman for his country – but he comes with the one offer no foreign dignitary has made so far: money. Cash-strapped Indian business especially those in the infrastructure and resource businesses, will certainly be looking now to China to make their dreams of survival come true.
Courtesy: Flickr/CreativeCommons
In the coming decade, India and China are set to achieve a historic $100 billion bilateral trade volume. But India’s concerns over growing trade imbalances and market access need to be addressed so that the two neighbouring economies can forge a more sustainable and mutually beneficial partnership
Courtesy: MEAIndia/Flickr
The steps taken by the Indian government to enable private sector involvement in ASEAN have been hesitant. After the recent ASEAN summit in New Delhi, it is time for greater coordination of Indian private industry with government-to-government interaction, which will benefit all members, including India.
Courtesy: wallygrom/Flickr
The move by the Maldives to renege on Bangalore-based GMR’s $500 million investment is a classic case of geopolitics trumping geoeconomics. This is an appropriate time for India to boost its diplomatic efforts by including the Ministry of Commerce in initiatives taken by the Ministry of External Affairs.
Courtesy: trendscout::/Flickr
All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
Over the past four years, China has switched from being an importer of high-speed trains to the world’s largest manufacturer. Much of this can be attributed to the transfer of foreign technology to Chinese state-owned enterprises. How have Chinese government policies and economic heft aided this effort?
Courtesy: Alex E. Proimos/Flickr
Front running is a form of insider trading, where investment banks use customers' trading information to trade for themselves, ahead of their clients. This practise results in huge losses to the investors, and abates trust in financial markets. How can the Volcker Rule contain this practice on a global scale?
Courtesy: PMO
India seems to be treading down the path of fruitless populism that crippled many countries in the past, most notably in Latin America. But like Latin America, India too can embark on a course-correction by implementing pragmatic economic policies alongside progressive but results-driven social spending.