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Economy and Business

The Economic Survey 2016-17 brings out a bias in perception about the Indian economy by international Credit Rating Agencies (CRAs).

 

Infosys plans to curry favour with the Donald Trump administration with a promise of creating 10,000 new American jobs. We should note that the first of four “Technology and Innovation Hubs” promised by Infosys will be in Indiana.

 

Imposing high import duties was the most repeated poll promise of President Donald Trump. A 45% import duty on products from China would reduce the trade deficit, promote manufacturing and create jobs in the US, Trump argued

 

It is easy to understand that the volume of trade going through the ports of Pakistan will increase once the CPEC project gains momentum.

 

Moody's Investors Service has predicted that Pakistan's external debt will grow to $79 billion by June, higher than initial estimates, the global credit rating agency was quoted as saying. The government's debt burden has steadily increased in the past four years from 63.5 per cent of GDP to 66.5 per cent, Moody's said.

 

There is a renewed political vigour to implement changes which have eluded successive governments. The conclusion of GST, banking ordinance and fiscal rectitude are some examples.

 

The impact of the Indian government’s decision to demonetize high-value currency notes late last year seems to have eased much faster than earlier anticipated. Replacement of the currency that was removed, or re-monetization, is now at an advanced stage and a business confidence survey indicates that things seem to be turning normal, even improving, particularly for the corporate sector.

 

Beyond the known trail of time and space, humans carry an urge to master the mystery of destiny backed by an untamed desire to achieve power, either for better or for worse.

 

Following the launch of New Delhi’s Look East policy in the 1990s, India and Taiwan gradually moved towards building informal ties.

 

It is now becoming commonplace for Indians to read forecasts about how their country’s economy will rise. The International Monetary Fund (IMF) has issued a new set of predictions saying India’s GDP will overtake that of Germany’s by 2022, based on a safe assumption of a nominal GDP growth rate of 9.9% a year.

 


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Review
 
 
 
 
spotlight image Thailand will be the coordinating country for India within ASEAN from July. In an exclusive interview with INDIA REVIEW & ANALYSIS, the fortnightly journal of the Society for Policy Studies (SPS),  Thailand’s Ambassador to India, Chutintorn Gongsakdi, gave a comprehensive view of bilateral relations and
 
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The struggle for autonomy has been going on within the Indian Institutes of Management (IIMs) from their inception, writes P.D. Rai
 
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As India and the 10-nation ASEAN bloc culminate the commemoration of 25 years of their dialogue partnership with a summit in New Delhi January 25 that all the leaders will attend, India is laying out the crimson carpet to ensure that the first ever Republic Day celebrations at which 10 ASEAN leaders will be Chief Guests, jointly, is a
 
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Afghanistan's leaders have asked the Security Council to mobilise international pressure on Pakistan to stop supporting terrorists, United States Permanent Representative said on Wednesday. Speaking to reporters here after the Council's weekend visit to Afghanistan and meetings with the nation's leaders, Haley said, &l
 
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As the Myanmar government’s violent policy towards its Rohingya Muslims drew increasing international condemnation in 2016, the country’s sometime icon of democracy, Aung San Suu Kyi, declined to speak out for the persecuted minority.
 
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“We have a very solid commitment to climate action,” he said. “We cannot be defeated by climate change and we are not yet winning this battle” and the biggest victims of climate change are the developing countries that are members of the Group of 77 (G77).
 
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In a bid to promote trilateral innovation and business opportunities between the US, India, and Israel, Israel-India Technology Group has launched a trilateral fund of $50 million. "We ar...
 
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The Tehreek-e-Taliban Pakistan (TTP) has for the first time claimed responsibility for the assassination of former Pakistani Prime Minister Benazir Bhutto in a new book in written by Taliban leader Abu Mansoor Asim Mufti Noor Wali.

 
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Title: Salafi-Jihadism -The History of an Idea; Author: Shiraz Maher; Publisher: Penguin Random House UK: Pages: 292; Price: Rs 499

 
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A Review of Anatomy of Failure by Harlan K. Ullman (Naval Institute Press, 242 pages)

 
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Title: The Beckoning Isle; Author: Abhay Narayan Sapru; Publisher: Wisdom Tree; Pages: 157; Price: Rs 245

 
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Title: India Now And In Transition; Editor: Atul Thakur ; Publisher: Niyogi Books: Pages: 448; Price: Rs 599