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Economy and Business
How does one judge Make in India? Recent news that foreign direct investment (FDI) flowing to defence in 2016-17 was an absurd trickle of Rs. 61,000 (or perhaps $61,000, the Ministry of Defence didn’t specify) seems to have not caused much of a ripple. Nor has the fact that FDI in defence in the past three years has been – this isn’t a typo either – $174,000, notwithstanding several liberalisation announcements.  
 
Ever wondered why authentic Scotch whisky is so expensive in India? Have you sat at a bar and asked why in god’s name a glass of good alcohol costs that much? If the answer is yes then you have stumbled across an illustration of India’s peculiar trade relationship with Great Britain. It is a relationship set to become even more bizarre, thanks to British politics.
 
According to the government’s own figures issued by the Pakistan Bureau of Statistics on Tuesday 11th April, the trade deficit has expanded by 38.8 per cent to $23.385 billion, an all-time historical high and that with another three months of the current fiscal year to run. The deficit has been trending upwards since the PML-N came to power in 2013, and given that one of the planks of its electoral platform was that the party was business-friendly, this is a considerable setback. 
 

Indian and Bangladeshi firms signed memoranda of understanding (MoUs) worth over $9 billion designed to deepen cooperation in various sectors, including power, oil and gas as Bangladesh Prime Minister Sheikh Hasina wound up a four-day visit to India.

 

This year the UK and Pakistan celebrate 70 years of friendship between our two countries. Whilst reflecting on the deep and enduring partnership that we have forged, it’s also an opportunity to look ahead to our shared future.

 

China and India’s growing economic activity and foreign direct investment in Africa has often been regarded as a great opportunity for growth and integration of the African continent into the global economy. 

 

The US Trade Representative's office released its annual trade barriers report on Friday, listing trade irritants in 63 countries and regions. In the China section, it accused China of pursuing a wide range of industrial policies and providing financial support to industries such as steel and aluminum, which have led to excess capacity in China and large volume of exports that have distorted global markets. The report also criticized China for imposing cybersecurity restrictions with a long-term goal of replacing foreign information and communications technology products and services with locally produced ones.

 

The real beneficiary of Direct Benefit Transfer of fertiliser subsidy will be the industry.

 

Taming India’s bad loan crisis is like taming the Amazonian wild. Recapitalisation, re-schedulement of loan, one-time settlement, engaging financial analysts in bank and so many layers of audit do not seem to slow down the non-performing asset (NPA) growth.

 
With several bilateral investment treaties lapsing on March 31, FDI inflows could take a hit Come April 1, the Narendra Modi government would have taken India back to the pre-1991 inward-looking economic era as far as India’s approach to bilateral investment treaties (BITs) is concerned.  
 


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Review
 
 
 
 
spotlight image Since Prime Minister Sheikh Hasina assumed office again in Bangladesh in 2009, bilateral relations between New Delhi and Dhaka have been on a steady upward trajectory.
 
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A top Chinese Army official on Sunday said negotiations with the Indian Army paved the way for the resolution of the Doklam stand-off on the India-China border.
 
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A unique and passionate gathering of acrophiles, or mountain lovers, took place in neat and picturesque Aizawl, the capital of Mizoram state in north-eastern India in September.
 
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India’s foreign policy under Prime Minister Narendra Modi has attained a level of maturity which allows it to assert itself in an effective manner. This is aimed at protecting the country’s national interests in a sustained way.
 
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As about-turns in the three-year-old BJP government go, this must be among the shortest and most important tweets issued by any BJP leader. And although Prime Minister Modi spent Diwali with soldiers in Gurez less than a week ago, it was left to Home minister Rajnath Singh to announce a major policy shift on Jammu & Kashmir at 4 pm
 
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  In his report at the opening of the 19th National Congress of the Communist Party of China, Xi Jinping redefined the principal contradiction facing Chinese society in the new era, namely between unbalanced, inadequate development and the people's ever-growing needs for a better life. Providing this better life has become
 
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As political roller coasters go, there is none as steep and unpredictable as the one shared by the United States and Iran.
 
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In snap polls in Japan, Prime Minister Shinzo Abe’s Liberal Democratic Party-led coalition has secured a two-thirds majority in the lower house of parliament.
 
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On “Defining Our Relationship with India for the Next Century”
 
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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...

 
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Title: A Bonsai Tree; Author: Narendra Luther; Publisher: Niyogi Books; Pages: 227 Many books have been written on India's partition but here is a firsthand account of the horror by a migrant from what is now Pakistan, who ...

 
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As talk of war and violence -- all that Mahatma Gandhi stood against -- gains prominence across the world, a Gandhian scholar has urged that the teachings of the apostle of non-violence be taken to the classroom.

 
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Interview with Hudson Institute’s Aparna Pande, whose book From Chanakya to Modi: Evolution of India’s Foreign Policy, was released on June 17.

 
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