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Economy and Business


The Narendra Modi government has notified that the new Real Estate (Regulation and Development) Act will come into effect from May 1.

India is among the countries most vulnerable to rising global protectionism warns the most recent Global Financial Stability Report of the International Monetary Fund. Most of the demand that drives the international trading system still remains in the developed countries and as they raise the drawbridge against imports, the biggest losers will be emerging economies like China, India and South Africa.  

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.


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spotlight image Sergio Arispe Barrientos, Ambassador of  Bolivia to India is, at 37, the youngest head of mission in New Delhi. Only the second envoy from his country to India, Barrientos, who presented his credentials to the Indian President last month, feels he has arrived at a propitious time, when India’s focus is on so
India is the world's biggest importer of weapons, accounting for 12 percent of global purchases during the past five years because it is not able to produce enough arms to meet its requirements, according to the authoritative Stockholm International Peace Research Institute, writes Arul Louis  
While most Indians were observing recent domestic political developments; with surprise defeats for the ruling BJP in its pocket boroughs and a likelihood of the opposition uniting against the Party for the 2019 national elections, writes Tridivesh Singh Maini
Before the independence of Mauritius from Britain in 1968, the Chagos archipelago was separated as part of the “British Indian Ocean Territory” in 1965, and retained by the UK, writes Priya Pillai
Famous for its pursuit of Gross National Happiness, Bhutan has a new cause for joy: In recognition of its Gross National Income (GNI) growth and social development, the kingdom is poised to graduate from the UN category of the world's poorest known as the Least Developed Countries (LDC), writes Arul Louis
Prem Sharma sells gutka (a combination of betel nuts, tobacco and mouth freshener) and cigarettes near the Vijay Nagar square in Indore, the commercial capital of the central Indian state of Madhya Pradesh. However, the most visible part of his tiny business is the dustbin that he does not dare to lose. The case is similar with pretty

While India has regained its position as the world’s fastest growing large economy – with the uptick in GDP expansion at 6.7% in Q3 of 2017-18 – sustaining it critically depend...


What is history? How does a land become a homeland? How are cultural identities formed? The Making of Early Kashmir explores these questions in relation to the birth of Kashmir and the discursive and material practices that shaped it up to the ...


A group of teenagers in a Karachi high school puts on a production of Arthur Miller’s The Crucible— and one goes missing. The incident sets off ripples through their already fraught education in lust and witches, and over the years ...


Title: Do We Not Bleed?: Reflections of a 21-st Century Pakistani; Author: Mehr Tarar; Publisher: Aleph Book Company; Pages: 240; Price: Rs 599


From antiquity, the Muslim faith has been plagued by the portrayal of Muslim men regularly misusing this perceived “right” to divorce their wives instantly by simply uttering “talaq” thrice.


'Another South Asia!' edited by Dev Nath Pathak makes a critical engagement with the questions about South Asia: What is South Asia? How can one pin down the idea of regionalism in South Asia wherein inter-state relations are often char...