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Economy and Business

Before contrasting and competing views within the government on the Hambantota Port deal are reconciled, the stage is being set for yet another debate.

 
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.

 


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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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  United States Secretary of State Rex Tillerson reiterated on Friday Washington's warning that “all options are on the table” to meet North Korea's nuclear threat while offering to keep the lines of communication with Pyongyang open.
 
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The 15th trilateral meeting of the foreign ministers of Russia, India and China concluded in New Delhi on Monday with many nuanced takeaways embedded in the joint statement of 46 paragraphs. Reiterating that the forum “is not directed against any other country”, the statement underlined the importance of the establishment o
 
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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.

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

 
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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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Over the last 25 years, India's explosive economic growth has vaulted it into the ranks of the world's emerging major powers. Long plagued by endemic poverty, until the 1990s the Indian economy was also hamstrung by a burdensome regulat...

 
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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