Courtesy: Mint
Government ownership of the Indian banking system has brought upon it a host of governance issues in the seven decades since independence: the Non Performing Asset crisis is a symptom of this, and clear indication that the system needs restructuring
Courtesy: Gateway House
The Indian government may block the acquisition of Gland Pharma by Shanghai Fosun Pharmaceuticals, a move that offers further confirmation of how China’s opaque business model is causing concern worldwide. This infographic shows some high-profile cases of acquisitions by Chinese companies that ran into local opposition
Courtesy: Pixabay
Once a laggard, Argentina is now a rising star in South America. Its economy is recovering, GDP growth is stable and financial reforms have taken hold. In 2018, it will host the presidency of the G20, its first step onto the global stage after over a decade in isolation. With Argentina’s G20 agenda fully aligned with India’s priorities, how can India gain?
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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
Courtesy: Northernminer
In the wake of trade-based globalisation followed by financial globalisation, a large volume of capital began moving from developing to advanced countries. This has resulted in relatively poor developing countries effectively becoming net creditors to the rest of the world. Reversing this massive outflow of capital requires governments to strengthen governance in all its dimensions and have closer international collaboration to tighten the regulatory oversight of tax havens for greater transparency
Courtesy: The Wire
China has launched the One Belt, One Road (OBOR) Initiative in an attempt to rebuild the ancient Silk Road with proposed land and sea routes to promote infrastructure, trade, and investment in the regions that it will thus connect. The challenge will be to attract private financing to support the official and multilateral ones
Courtesy: Wikimedia Commons
The incoming Trump administration is inheriting an economy that is on a strong recovery path. What are the challenges in sustaining this and what is emerging as the new administration’s growth agenda?
Courtesy: Flickr/U.S. Army Africa
New Delhi now has the capacity to move beyond the basics of economic diplomacy by using the strengths of India's private sector in healthcare. Africa would welcome such an initiative, which will improve the health and development capabilities of African countries. This will also serve India’s geopolitical objectives and can precede a similar healthcare rollout to other regions
Courtesy: Reuters
The long march to implement the long-awaited Good and Services Tax in India has just begun. It is instructive to understand how other countries introduced this tax and cherry-pick lessons from their experiences
Courtesy: Livemint
Indian infrastructure financing has for long suffered from rating concerns, but recent changes to credit enhancement are helping to plug this gap, enabling investment by foreign insurance and pension companies, and stimulating project exports.