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: Wikipedia.org/U.S. Army trials
In the recent defence technology cooperation deal with the U.S., India has prioritised the private sector over public sector units. If the government and business now work together productively, they can create a much-needed and robust long-term defence industrial base in India
Courtesy: indilens.com
The India-U.S. nuclear agreement represents a $17 billion opportunity for Indian business. It will also help India secure fuel for its indigenous reactors, and contribute to cheap and plentiful energy. But a major concern remains—will these projects be efficiently executed?
Courtesy: MEA Flickr
Even as U.S. President Obama’s visit to New Delhi was high on optics critics suggest that the two governments have a long way to go before they achieve a mutually satisfactory partnership. However, the bilateral dialogue did show that both India and U.S. are becoming more comfortable in their engagement with each other
Courtesy: http://photos.state.gov
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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: usembassy.gov
As Prime Minister Narendra Modi receives U.S. President Obama as his first guest at India’s Republic Day parade, the invitation to Obama and his consequent decision to visit India speak volumes about the prospects for the India-U.S. relationship
Courtesy: Pete Souza/The White House
Speculation abounds about what can be achieved during President Obama’s visit to India, and Secretary of State John Kerry’s recent $500 billion trade vision has raised expectations. Although differences remain—including in the energy and defence sectors—global developments could bring the two countries closer
Courtesy: Romeo Ranoco
U.S. President Obama’s visit to India as the chief guest for the Republic Day celebrations underscores the determination of both administrations to revitalise the bilateral relationship. This visit might not be high on deliverables but emphasises the efforts being made to create a common ground for cooperation
Courtesy: Charlie Hebdo
2015 has begun on a sombre note as France suffered the worst terror attack in the country's history, and India saw protests by right-wing conservative groups against the screening of the film-PK. Both instances show an increasing intolerance against the questioning of established religions
Courtesy: wantchinatimes.com
Economic development and increments in scientific knowledge and technology, which in turn rest on R&D, are interconnected. India is falling behind and must allocate a greater share to R&D, while China must elevate the efficiency of its research expenditure—this focus will allow the two countries to continue to grow