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Earlier in September, Raghuram Rajan took over as Governor of the Reserve Bank of India for three years. While his entry has indeed alleviated the gloomy market environment in Mumbai, there’s more that needs to be done. How can Mumbai reclaim the natural cosmopolitan and intellectual legacy it once boasted of?
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India’s extreme dependence on imported energy often renders our economy vulnerable in the face of geopolitical changes. Given the high financial viability, India, being the world’s second-largest producer of sugarcane, should emulate Brazil by replacing petrol with ethanol as fuel.
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Policy Perspectives from Gateway House give an overview of a global issue that has implications for India’s policy-making and business community. This edition examines the role corporate India can play in pulling the country out of its current economic slowdown
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Indian manufacturing’s share of GDP has been stagnating. Some of the industry’s problems stem from a business culture of hierarchy and bureaucracy. But competitive pressure is forcing a transformation, and the new management models now being adopted can change how investors and customers perceive Indian companies
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According to the UN Economic Commission for Latin America and the Caribbean, the Latin American region is expected to grow at 3% in 2013. Although the growth appears modest, it is not bad given the GDP contraction in the Eurozone in the past two years and the lower growth rates in the rest of the world
Courtesy: WikimediaCommons
Today, despite Indian exports to Peru expected to cross the $ 1 billion mark in 2014, we are at a disadvantage vis-a-vis the exports from Peru's free trade agreement (FTA) partners. Why is it imperative for New Delhi to initiate negotiations with Lima and address the disadvantages of our exporters to their markets?
Courtesy: Aditya Birla Group/Wikimedia Commons
The Aditya Birla Group has emerged as the Indian company with the largest annual business turnover in Latin America. Having made significant investments in the manufacture of aluminium, carbon black and viscose yarn, the Group is now exploring newer areas for investment
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Global institutions responsible for price discovery and speculation in commodities are suspected of fuelling price hikes. With the world experiencing turmoil in the food and energy markets, fixing the global pricing architecture for commodities should be the priority for the G20
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German foreign policy can be described as one anchored in the European and NATO alliance while being the economic centre of Europe. Yet, any government that comes in after the September 22 elections will be challenged by rapid developments in West Asia and elsewhere in a politically and economically turbulent world
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The outgoing Governor of the Reserve Bank of India, D. Subbarao, delivered his last speech – the Nani Palkhiwala memorial lecture – as the head of the country’s central bank on August 29. Aditya Phatak blogs about how he combined tough talk and confession with balance and political sagacity