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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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spotlight image Since Prime Minister Sheikh Hasina assumed office again in Bangladesh in 2009, bilateral relations between New Delhi and Dhaka have been on a steady upward trajectory.
 
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Senior representatives from the US, China, Pakistan and Afghanistan met in Muscat, Oman, on Monday to revive stalled peace talks with the Taliban, but the insurgent group failed to participate in the meeting being held after a year.
 
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Ruskin Bond’s first novel ‘Room on the Roof’ describes in vivid detail how life in the hills around Dehradun used to be. Bond, who is based in Landour, Mussoorie, since 1963, captured the imagination of countless readers as he painted a picture of an era gone by.
 
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India’s foreign policy under Prime Minister Narendra Modi has attained a level of maturity which allows it to assert itself in an effective manner. This is aimed at protecting the country’s national interests in a sustained way.
 
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Braid-chopping incidents have added to the already piled up anxieties of Kashmiris. Once again they are out on the streets, to give vent to their anger. A few persons, believed to be braid-choppers were caught hold by irate mobs at various places. They were beaten to pulp.
 
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Communist parties everywhere gather the ranks every five years to review the past, set future direction, renew political leadership and rejig organisational structure.
 
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In a move lauded worldwide, King Salman bin Abdulaziz Al Saud recently issued a royal decree allowing women to obtain driving licences.
 
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The death toll from Saturday’s twin truck bombs in Somalia’s capital Mogadishu has crossed 300.
 
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On “Defining Our Relationship with India for the Next Century”
 
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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

 
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Could the North Korean nuclear issue which is giving the world an anxious time due to presence of hotheads on each side, the invasion of Iraq and its toxic fallout, and above all, the arms race in the teeming but impoverished South Asian subcon...

 
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Title: A Bonsai Tree; Author: Narendra Luther; Publisher: Niyogi Books; Pages: 227 Many books have been written on India's partition but here is a firsthand account of the horror by a migrant from what is now Pakistan, who ...

 
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As talk of war and violence -- all that Mahatma Gandhi stood against -- gains prominence across the world, a Gandhian scholar has urged that the teachings of the apostle of non-violence be taken to the classroom.

 
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Interview with Hudson Institute’s Aparna Pande, whose book From Chanakya to Modi: Evolution of India’s Foreign Policy, was released on June 17.

 
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