Prior to the Second World War, Bombay had established merchant networks with several Japanese port cities and they drove an enormous global trade in cotton and textiles between the Indian subcontinent and Imperial Japan. Business has become a renewed priority for both countries today, offering fresh opportunities for collaboration
Basing the global oil trade on the Yuan instead of the U.S. Dollar is one leg of China’s bid to convert its currency into the international reserve currency, replacing the dollar-dominated global financial architecture. But many factors impede the Yuan from reaching the maturity required for its global adoption.
In a policy brief for the G20, Akshay Mathur and Purvaja Modak discuss the challenge of data classification when it comes to cross-border trade in services
Brexit has put Prime Minister Modi in the driving seat for negotiating a better trade deal for India with the UK--and the EU
The trade between Bombay and America’s north eastern ports 200 years ago was unique as it coexisted with the period’s territorial colonial monopolies. This article retraces those routes to riches in light of the Indo-U.S. Strategic Partnership.
With a massive, yet demanding middle class, the Chinese Communist Party needs a reliable source of cheap labor to continue to allow Chinese nationals to enjoy mass-produced daily products. step forward India, mass producer.
Pressure for a unified public procurement framework is mounting on India from both within the country and internationally. While an integrated procurement structure is necessary, a broad policy architecture must precede the framing of any legislation
India has used two-way trade targets as a proxy for judging the temperature of its key bilateral and plurilateral relationships. But a deeper understanding is needed of the extent to which physical targets can help accomplish qualitative objectives
Finance minister Arun Jaitley’s 2015-16 Budget resonates only partially with Prime Minister Narendra Modi’s arc of economic diplomacy; it lacks strategic intent that could invest India with some geo-strategic heft in the years to come
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