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Economy and Business

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.

 

A globalising world enabled the spectacular rise of India’s information technology industry over the last couple of decades. The IT sector not only pulled up the GDP but also came to symbolise young India’s aspirations.

 


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Review
 
 
 
 
spotlight image A career diplomat, Chitranganee Wagiswara, High Commissioner of Sri Lanka, is the first woman to be the island nation’s envoy to India. As Foreign Secretary, she was Sri Lanka’s top diplomat for 18 months before being posted to New Delhi.
 
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India has accused the United Nations Security Council and the international community of tending to ignore the terrorists ravaging Afghanistan and their backers while these forces “have stood up against one of the biggest collective military efforts in the world.”
 
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Close Canada-India collaboration in health and wellness is a journey that commenced in 2015 in Toronto, when the first major health summit was held, and ended in March 2017 in New Delhi.
 
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With weird concoction like "Beer Yoga" getting popular as the next big international fitness craze, the ancient art of inner blossoming is seemingly going topsy-turvy. And as yoga hogs the limelight on its third International Day, the loud call for saving the spirit of the ancient and modern practice can't be swept under
 
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The death of deputy superintendent Mohammed Ayub Pandith at the hands of a lynch mob highlights the dangers to the police in Kashmir today, whether from gun-wielding militants or locals disgruntled with the Indian State.
 
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Sher Bahadur Deuba has been elected Prime Minister of Nepal at an especially fragile time in the life of the 11-year-old Himalayan republic.
 
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The rapid rise of Mohammed bin Salman, from one among many princes in the al-Saud royal family to the Crown Prince of Saudi Arabia within a span of two years, is an unprecedented development in the history of the Kingdom.
 
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A United States fighter downed a Syrian military aircraft for the first time when it bombed a Syrian rebel faction backed by Washington.
 
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Title: Reporting Pakistan; Author: Meena Menon; Publisher: Viking/Penguin Random House; Pages: 340; Price: Rs 599

 
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  A former Indian civil servant, who is currently a professor of Public Policy and Political Science at Duke University, US spent long periods in distant villages and city slums of India. The result? A scholarly book that presen...

 
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  Title: The Exile; Author:  Cathy Scott-Clark & Adrian Levy; Publisher: Bloomsbury Publishing; Pages: 640; Price: Rs 699

 
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Jim Corbett was a British-Indian hunter and tracker-turned-conservationist, author and naturalist; who started off as an officer in the British army and attained the rank of a colonel. Frequently called in to kill man-eating tigers or leopards,...

 
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Title: Bollywood Boom; Author: Roopa Swaminathan; Publisher: Penguin; Price: Rs 399; Pages: 221

 
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