Courtesy: narendramodi.in
Looking at India through the lens of business transformation, Prime Minister Modi has taken a bold step to change the country's behavioural DNA, but the country also requires bold policy decisions and visionary reforms in the upcoming budget. Only then can there be real change and transformation in the Indian economy
Courtesy: Wanted China
WeBank, China’s first online-only bank has been launched with great expectations. It can potentially reform the country’s mismanaged financial sector by opening up credit to private SMEs and prove a model for other developing countries.
Courtesy: http://photos.state.gov
/libraries/america/3239/
India is revising the model draft agreement of its existing bilateral investment treaties. Some of the new clauses are unlikely to be accepted by either U.S. negotiators or U.S. corporations without substantial dilution
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: Getty Images
The U.S. has finally ended its outdated policy of isolating Cuba. It is a triumph for the proud and courageous Cubans who have withstood so many overt and covert destabilisation attempts by the U.S. It is also a victory for Latin America which has opposed the U.S. embargo and advocated normalization of relations with Cuba
Courtesy: Narendra Modi (wikimedia.org)
A major theme at the multilateral summits this month was connectivity, with China at the forefront. India is trailing behind due to a shortfall in investment and political will, among other factors. Prime Minister Modi must follow up on his meetings at the SAARC Summit by robustly taking forward India’s connectivity agenda
Courtesy: wikimedia
There is a sense in Washington that if the U.S. is not tough with India, it will send a wrong signal to other countries. But the ongoing investigations by the Obama administration into India’s IPR regime and trade practices have become an unpleasant part of doing business with America
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: aitonline.tv
The imposition of sanctions by Western countries on Russia has conflagrated the Ukrainian crisis with both sides indulging in an asymmetrical sanctions game. The hardening of positions has caused the Russian and the European economies to suffer, with no end in sight for the conflict
Courtesy: Wikipedia
The trade deficit and border issues have usually overshadowed the public discourse between India and China. However, below this surface, bilateral business and financial engagement is growing. India will have to engage judiciously with China to ensure that the resulting geoeconomic benefits remain in our favour