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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
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A robust currency is welcome, but only if a country’s economic fundamentals bear it out. The numbers offer specious comfort as a strong currency makes imports more attractive. The truth is that India’s economic growth is middling and private capital formation is not visible
Courtesy: Wikipedia
The Indian oil industry is changing. The recent bidding for Discovered Small Fields saw the emergence of small, independent oil explorers in a country that has been dominated by state-owned companies and only a few private sector firms
Courtesy: T20 China
The T20 Summit held in Beijing last week provided an opportunity for scholars, think tank representatives, and government officials to engage in meaningful discussion of global economic governance in preparation for the G20 summit in September. The summit's organisers and participants are now taking greater steps to produce more tangible and relevant policy options for the consideration of states worldwide, in the context of fostering global good.
Courtesy: Gateway House
A T20 workshop in Lima, Peru, provided the opportunity to for a deeper insight into the the Latin American economic situation. While the workshop focused on finding innovative solutions to sustain high growth in middle-income countries. There is a need for India and similar countries, to become sensitized to each others problems on development.
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China’s stock market has tanked over 20% in January 2015. More than the fall in the stock market, it is the reaction of the Chinese authorities that suggests bigger problems.
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The jobs of 6.5 million Indians working in GCC countries could be at risk due to the fall in global oil prices. Securing the interests of these workers should be on Prime Minister Modi’s agenda when he visits UAE on August 16-17
Courtesy: Petroleum.nic.in
The present pessimism about India’s dipping exports is a misreading of the numbers—the country’s exports have fallen because of the lower price of petroleum, and not due to any slowdown in industrial activity or reduced demand from foreign markets
Courtesy: www.info7.com
The Pacific Alliance—Mexico, Colombia, Peru and Chile—is one of the newest and most vibrant regional groupings in Latin American. Apart from the liberal foreign trade policies of these countries, they also have higher growth and lower inflation rates than their neighbours. India’s trade with the grouping has been growing, and as an observer member of the bloc, there is scope for much deeper engagement.
Courtesy: Alibaba, Xiaomi, Wechat
Less than two years ago most Indians would struggle to name a Chinese company. Fast forward to the present, Chinese smartphone company Xiaomi is on the tips of everyone’s tongue. Chinese internet giants Alibaba, Tencent and Xiaomi have emerged as investors and major players in India’s fast growing e-commerce and internet space. Their emergence marks a new and exciting area of cooperation and engagement between India and China