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Economy and Business

Prime Minister Narendra Modi has broken from the past and ushered in a new economy. The NDA Government has allowed 100 per cent foreign direct investment (FDI) in defence, civil aviation, greenfield pharmaceutical projects, broadcasting carriage services, food products, e-commerce and relaxed sourcing norms for up to five years for single-brand retail trading.


The tremors from the decision of the UK to move out from the EU are not necessarily related to the actual economic impact on countries as a result of this divorce. It is more a psychological reaction to a move that could lead to the ultimate destruction of an idea that seemed indestructible till now. The idea of a united Europe. An idea that had brought hope to millions of people weary of battles after two successive world wars. 


Brexit provides a window of opportunity for India. However, the gains will not be automatic and will require proactive efforts from the government as well as India Inc

India has a very resilient economy, we are a very broad-based economy... We are not dependent on any one sector. Most of our growth comes from domestic consumption, which won’t be impacted by Britain coming out of the EU. The Indian economy won’t be affected. By Pawan Bali

The government seems keen to move ahead on the GST agenda with a positive frame of mind, and if the Constitutional Amendment Bill is passed in the Rajya Sabha in the Monsoon Session of Parliament, in all likelihood, GST will be a reality by April 1, 2017. The release of the draft model GST law (including model Integrated GST law) is a step forward and will bring about necessary momentum on GST implementation amongst government and industry stakeholders.


Brexit may turn out to be a boon in disguise for the Modi government and its game plan for next year’s state elections in UP and Punjab, if crude oil prices fall and investors don’t shun the rupee given India’s strong economic fundamentals and commitment towards reforms.


He was talking about technological change. It is perhaps the opposite when it comes to our reactions to economic change. We overestimate the economic problems over the next two years but underestimate economic progress over a decade.


Now that it is almost certain the GST Bill will get passed in the monsoon session and will be implemented across the country from April 1, 2017, the government needs to work on ironing out the remaining glitches.


The EU-India FTA (free trade agreement) negotiations have been ongoing for more than nine years. The two-way trade in goods stood at $98.5 billion in 2014-15, and India received $24.91 billion in FDI equity inflows from the European Union (EU) between April 2012 and May 2015. 


That RBI Governor Raghuram Rajan should choose to leave after a vicious personal attack by Rajya Sabha MP Subramanian Swamy is not surprising, given the somewhat token nature of the government’s defence.


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Nepal’s deposed king Gyanendra Shah has regretted that the country has lost its Hindu identity and said despair and unhappiness among the people might lead them to revolt once again. 


The first India-Palestine Joint Committee Meeting (JCM) signifies New Delhi’s commitment towards economic development and well being of Palestine writes Muddassir Quamar for South Asia Monitor

There has been many nationalist calls for boycotting Chinese goods as a retaliation against China for blocking India’s bid at the UN to designate Jaish-e-Mohammed chief Masood Azhar as a terrorist, following the Uri attacks and the subsequent surgical strikes carried out by the Indian army.   

The most recent polls indicate that Clinton now enjoys as much as a 12 point lead over Trump.  If this proves to be the actual outcome, it could have profound implications for the country’s political future writes Harold  Gould for South Asia Monitor

Since my last visit five years ago I have keenly observed India’s political, economic and social transformation, and welcomed the increasingly active role India is playing internationally. I have also witnessed the growing personal ties between New Zealand and India, supported by our diaspora communities and our education, tou...


Address by M.J. Akbar, Minister of State for External Affairs on Regional Integration and Prosperity at Brussels Conference on Afghanistan (October 5, 2016). Read more inside...

Military aid or assistance, is an important tool, that states have always plied to manoeuvre and counter-manoeuvre other sovereign entities and countless disparate factions in the pursuit of international relations. It includes arms transfers, logistical support and even supply of troops.   

On a sunny morning a young shepherd takes his cattle across the lovely winding Namka Chu into the dense pine forests on the ridge above. The cold wind blows in from the north and the boy looks up at the steep mountain ahead of him covered by rhododendrons.


The Tehrik-e-Taliban Pakistan, Lashkar-e-Taiba, Jaish-e-Mohammad and others of their ilk not only destabilise Pakistan and make it one of the world's most dangerous places but also threaten neighbouring Afghanistan and India -- and even far...


The book, written in the manner of a series of case studies, also points to the lack of a clearly enunciated national security strategy, a defence situational review, a defence strategy and a joint strategy for the armed forces -- all of this h...


The book ‘Pakistan at crossroads: Domestic Dynamics and External Pressures’  is one of the few books in recent years which fixes spotlight on various aspects of Pakistan; the internal flummoxing situation and external forces wh...


In a region which is unexplored as an asset class, performance will be the kingmaker. This book includes the author’s CDCF Portfolio basket for the SAARC asset class, which selects the best fundamental-p...


Sri Lanka has to be the most beautiful country I have ever seen, says John Gimlette, an accomplished travel writer who journeys to the island nation at the end of a long and brutal civil war. Anyone who has se...

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