Courtesy: John Fischer/Flickr
Prime Minister Narendra Modi's outreach to the influential Indian diaspora in Silicon Valley in September should be centered on creating an Indian ecosystem for tech start-ups
Courtesy: Jitender Gupta
The revised Indian Financial Code brings some alterations to governance within the RBI. At the heart of these changes is the belief in a popular myth that lower interest rates will lead unquestionably to higher economic growth
Courtesy: Taneli Rajala
The 'Make In India' campaign could learn from the manufacturing success story of Mexico which has come to be called as a 'rising global star in manufacturing’ and 'the China of the Americas'. Prime Minister Modi can seek inspiration from President Enrique Peña Nieto who has brought about a dozen major reforms by forging a historic consensus with the opposition parties through the Pact for Mexico.
Courtesy: IMF
The IMF’s 2014 review has some good GDP news but its reservations on interest rates bears closer attention. It can take 32 months for the effects of a an interest rate cut to be felt. What does this mean for the Indian economy?
Courtesy: wikimedia.org
Global markets stumbled across all asset categories in the first two weeks of 2015. With the domestic economy showing signs of improvement, structural improvements are now needed to shield the Indian economy from such shocks
Courtesy: globalsherpa.org
The Indian government has undertaken a massive financial inclusion scheme to bring bank accounts to the poor. But poverty alleviation needs to be addressed at multiple levels for which the Latin American example of using targeted and customised conditional cash transfer programmes can help India
Courtesy: Newscom.com
The reelection of President Dilma Rousseff means continuation of the slow growth of the Brazilian economy and a lower likelihood of much-needed, major political and economic reforms. India should lower its expectations on a global partnership with Brazil
Courtesy: wikimediacommons
India faces heightened geoeconomic risks as the U.S. exits its unconventional monetary policy and the value of the dollar appreciates against major currencies. We can mitigate the risks with a multilateral safety net to provide liquidity, and by attracting FDI through the ‘Make in India’ programme
Courtesy: MEA/Government of India
Looking back at the 2008 financial crisis, when governments had to resort to bail-outs to keep economies afloat, the BRICS member countries have decided to set up a New Development Bank which will provide for a contingency fund. This initiative aims at building an alternate financial structure in terms of trade among the member states as well as creating a safety net
Courtesy: Lupin World
In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month