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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
Courtesy: b20coalition.org
The B20 forum has become an important advisor to the G20, bridging the gap between business and foreign policy. Its effectiveness will depend on whether it can emerge as a solutions provider for the G20 and not just an advocacy forum. Indian business can play a vital role in shaping this mandate
Courtesy: http://jornalcorporativo.com/
Embraer started as a Brazilian public sector firm, and has debunked the fiction of the developed world being the source of high tech products for the less developed. Its success can be an inspiration for 'Make in India' aircrafts by Hindustan Aeronautics Limited
Courtesy: media.licdn.com
Widely heralded as a success that brought together U.S. and Indian pharma producers over a high-cost drug at affordable prices, the Gilead deal looked ideal. A closer examination shows there’s more to consider than just low costs before the deal can become a template
Courtesy: topnews.in
In its recent monetary policy document, the Reserve Bank of India has imposed strict maturity conditions on foreign portfolio investment in debt to get a better handle on risk. But a fiscal solution would be more elegant and effective
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
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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: 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