Courtesy: Mint
Government ownership of the Indian banking system has brought upon it a host of governance issues in the seven decades since independence: the Non Performing Asset crisis is a symptom of this, and clear indication that the system needs restructuring
Courtesy: Pinterest
Modern India stands tall on August 15, 2017: over the past year, it has been seen as the fastest growing major country, macroeconomic stability has been re-established, and the GST implemented. Why, then, are so many stressing that India desperately needs reforms to its labour laws to keep the momentum going?
Courtesy: Gateway House
The Indian government may block the acquisition of Gland Pharma by Shanghai Fosun Pharmaceuticals, a move that offers further confirmation of how China’s opaque business model is causing concern worldwide. This infographic shows some high-profile cases of acquisitions by Chinese companies that ran into local opposition
Courtesy: Pixabay
Once a laggard, Argentina is now a rising star in South America. Its economy is recovering, GDP growth is stable and financial reforms have taken hold. In 2018, it will host the presidency of the G20, its first step onto the global stage after over a decade in isolation. With Argentina’s G20 agenda fully aligned with India’s priorities, how can India gain?
Courtesy:
Mumbai and Buenos Aires are cities with a shared history of trading, business and entrepreneurship. The parallels are becoming more apparent now, with Buenos Aires expanding the ecosystem of support for business in innovative ways
Courtesy: G20
The G20’s response to the economic crisis was effective, the expansion of its scope was logical. This week’s Summit in Argentina is an opportunity to build consensus and deliver on concrete economic policy design
Courtesy: PiyushGoyal.in
The emergence of masala bonds as a funding vehicle for Indian companies can aid India’s geoeconomic goals. Most of them are listed in the London Stock Exchange. But is India leveraging fully the rupee’s internationalisation?
Courtesy: Gateway House
In Monica Bhatia's interview, she discusses the changes in the global financial sector in the wake of the Panama papers and the HSBC files, mainly the increase in transparency between banks and governments. She highlights her belief in the Automatic Global Tax Information Sharing Network in countering tax evasion and the success of the methods that governments have already undertaken to enable voluntary disclosures. Lastly, she illustrates the measures under the BEPS system on tax compliance.
Courtesy: Armstrong Economics
The global monetary and financial system is lopsided and designed to favour rich countries; an alternative economic and political doctrine, which takes into account the needs of emerging economies like India, must now be articulated to end this one-sided architecture
Courtesy: Ministry of External Affairs / Flickr
Egyptian president, Abdul al-Fattah al-Sisi, is set to arrive in New Delhi on 1 September 2016 with a delegation of important ministers and business leaders. This marks an important opportunity for the two countries to connect on a much wider range of regional and international issues than earlier.