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Economy and Business

Pakistan has agreed to allow the rupee to depreciate after holding talks with the International Mone­tary Fund (IMF) on the country's economy.

 

Two major global changes in the past year; the ‘Brexit’ referendum and the advent of Donald Trump, writes Sandeep Kaur Bhatia

 

It is also imperative for India to explore other regions for markets. Its trade deficit with Latin America has been narrowing. Also, its trade with Mexico, Colombia and Guatemala has increased, compared with some Asian markets, eastern and western European countries, writes Sandeep Kaur Bhatia for South Asia Monitor

 

Representatives of around 45 American companies met Prime Minister Narendra Modi at this year's Global Entrepreneurship Summit (GES) in Hyderabad and expressed their commitment to continue investing in India, a top Indian American business leader has said.

 

In November 2017, prices of most of the major kharif crops crashed below their respective minimum support prices (MSPs), triggering farm distress.

 

International commentators have asked the government of India to make major economic reforms for years. We said it would be like The Field of Dreams: If you make major reforms, international money will pour in. But the problem for politicians is that reform in the short term can be political suicide — and that’s precisely why very little gets done in any country absent a crisis. You implement a controversial regulation or take a difficult vote, but you lose the next election because of it.

 

In the Museum of Modern Art in New York City, there hangs a massive, 2.42 m x 5.42 m painting called Vir Heroicus Sublimis (Man, Heroic and Sublime) by American artist Barnett Newman. The description next to it reads, “There is a tendency to look at large pictures from a distance. The large pictures [here] are intended to be seen from a short distance.”

 

On November 8, 2016, Prime Minister Narendra Modi announced his decision to deprive Rs 500 and Rs 1,000 currency notes of their “legal tender” status and removed them from circulation.

 

The script was altered for the second time in two months but with far greater impact. Soon after Prime Minister Narendra Modi promised far-reaching changes to simplify the goods and services tax regime, especially for small businesses and consumers, the GST Council delivered some relief measures on Friday.

 

The World Bank’s latest ‘Ease of Doing Business’ rankings have come at the right time for Indian Prime Minister Narendra Modi since, in recent months, he has been widely criticized for his mismanagement of the Indian economy (especially the implementation of the Goods and Services Tax (GST), confusion with regard to multiple rates and the failure of demonetization to achieve its stated goals).

 


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Review
 
 
 
 
spotlight image Indonesia’s President Joko Widodo has confirmed his presence for the occasion. In an exclusive interview with INDIA REVIEW & ANALYSIS, Indonesia’s Ambassador to India, Sidharto R.Suryodipuro, reminded Nilova Roy Chaudhury that the first Chief Guest for India’s Republic Day celebrations, in 1950, w
 
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The words of Ho Chi Minh  “Nothing is more precious than independence and liberty” rang true for the people of the erstwhile East Pakistan when, with increasing brutality, the West Pakistani oppression spread across the land, writes Anwar A Khan from Dhaka
 
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In a significant boost to New Delhi's Act East Policy, India and Japan set up the Act East Forum on Tuesday as agreed during Japanese Prime Minister Shinzo Abe's visit to India this year for the annual bilateral meeting that would help to focus and catalyse development in India's Northeast.
 
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During an awards ceremony honouring six serving and former diplomats and international civil servants for their contributions to world peace and development, the UN was hailed as an institution embodying the Diwali spirit of good overcoming evil. Among those who received the award was Assistant Secretary-General Lakshmi Puri, who is al
 
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When a rising power challenges an incumbent one, war often follows. That prospect, known as the Thucydides trap after the Greek historian who first described it, looms over relations between China and the West, particularly America. So, increasingly, does a more insidious confrontation. Even if China does not seek to conquer foreign la
 
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The first thing that one sees when a flight approaches New Delhi is thick smog that envelopes the city and its lack of greenery.  In almost all other major cities of India lack of greenery is the most obvious sight that one sees when approaching it by air.
 
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Pakistan has agreed to allow the rupee to depreciate after holding talks with the International Mone­tary Fund (IMF) on the country's economy.

 
read-more

Two major global changes in the past year; the ‘Brexit’ referendum and the advent of Donald Trump, writes Sandeep Kaur Bhatia

 
read-more

It is also imperative for India to explore other regions for markets. Its trade deficit with Latin America has been narrowing. Also, its trade with Mexico, Colombia and Guatemala has increased, ...

 
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Column-image

Title: A Ticket to Syria; Author: Shirish Thorat; Publisher: Bloomsbury India: Pages: 254; Price: Rs 399

 
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Gorichen, a majestic peak in the Eastern Himalayas at an altitude of 22,500 feet, is the highest in Arunachal Pradesh. Beautiful to look at and providing a fantastic view from the top, it is extremely tough climb for mountaineers.

 
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It is often conjectured if the reason for long-standing conflicts and insurgencies, in the developing world, especially South Asia, is not only other powers fishing in troubled waters but also the keenness of arms industries, mostly Western, to...

 
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Title: The People Next Door -The Curious History of India-Pakistan Relations; Author: T.C.A. Raghavan; Publisher: HarperCollins ; Pages: 361; Price: Rs 699

 
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Could the North Korean nuclear issue which is giving the world an anxious time due to presence of hotheads on each side, the invasion of Iraq and its toxic fallout, and above all, the arms race in the teeming but impoverished South Asian subcon...