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Falling crude prices, a double-edged sword for India

2020-03-27T19:09:13+00:00March 27th, 2020|2020, Home Page, North America Edition – 27 March-09 April 2020, UK Edition – 27 March-09 April 2020|

The crash in global oil prices will bring some immediate relief for India but could presage trouble if it persists beyond the immediate term. Highlights: While the falling oil prices are helping India’s fiscal deficit and current account deficit figures, a long-term decline might hurt the country’s economy. If crude prices remain low for long, several companies in the US could face bankruptcy, which could snowball into a global recession and cause a decline in the value of the Indian [...]

Will the forced disruptions caused by the Coronavirus last?

2020-03-28T19:55:12+00:00March 27th, 2020|2020, Home Page, North America Edition – 27 March-09 April 2020, UK Edition – 27 March-09 April 2020|

With companies across the globe resorting to digital avenues to sustain operations, we will likely see a significant change in lifestyles even after this wave has subsided. Highlights: The COVID-19 outbreak has changed several aspects of personal and professional lives across the world. The adoption of a work-from-home, an increase in e-learning, an increased consumption of online wellness videos of some of the major changes. The surge in demand for digital services has propelled an increased need for cyber security [...]

Indian millennials are reimagining old orders

2020-03-31T12:46:05+00:00March 27th, 2020|2020, Home Page, North America Edition – 27 March-09 April 2020, UK Edition – 27 March-09 April 2020|

India’s millennial entrepreneurs are not just disrupting their domestic markets but have also set their sights far beyond the nation’s borders. Highlights: The ambitions of young Indians are now well beyond the country, reaching large economies like the US and China. Apart from big names like Ola, Paytm and Zomato, Indian companies operating under the radar are disrupting industries from automation and healthcare to wealth management and education. More and more individuals are seeing entrepreneurship as an alternative to jobs [...]

A lockdown in China can cause supply chain disruptions

2020-03-27T12:26:03+00:00March 26th, 2020|Home Page, India Inc News|

The spread of Coronavirus will adversely affect the aviation, pharmaceutical and automobile industries in India, among others. Lockout in parts of China following Coronavirus outbreak will have an adverse impact on several industries in India – aviation, pharmaceutical and automobile being three of them. Impact on Indian aviation industry Till recently, the outbreak of the Coronavirus was limited to China and some of the other South East (SE) Asian countries and has impacted the air travel and movement of freight [...]

Rishi Sunak tries to harness the COVID-19 disruption

2020-03-27T19:19:05+00:00March 26th, 2020|2020, Home Page, UK Edition – 27 March-09 April 2020|

UK Chancellor of the Exchequer had to unveil two mini-budgets in addition to his maiden budget within a gap of days to address the Covid-19 pandemic. Highlights: Rishi Sunak unveiled a £30-billion worth of funds to help businesses cope with the disruption caused by the coronavirus crisis. The government has also laid out plans to cover 80 per cent of the wages of those unable to work. Other measures include easier to access loan facilities, liquidity assistance for businesses and [...]

A mixed bag for India’s political economy

2020-03-16T13:53:06+00:00March 16th, 2020|Home Page, India Inc News|

In light of US President Trump’s recent visit to India, an economic expert suggests some measures the two countries could take to drive their bilateral relationship to the next level. Highlights: President Trump’s reiteration of PM Modi’s policies reinforced the Indian Government’s assertion of successful outreach of its schemes. If a free trade agreement might not be an immediate possibility, a multi-layered trade agreement would help boost import-linked value-added manufacturing and exports from India. The US must consider that a [...]

Coronavirus outbreak: Short-term pain, long-term gain likely for India

2020-03-18T12:52:14+00:00March 13th, 2020|2020, Home Page, North America Edition – 13 March-26 March 2020, UK Edition – 13 March-26 March 2020|

As summer approaches in both China and India, the chances of the virus outbreak dissipating will brighten. Like all challenges, it will bring significant opportunities. Highlights: India’s mobile phone and electronics manufacturing sectors have been impacted by the coronavirus outbreak as almost 75 per cent of all components needed by these industries come from China. The continuing decline in global crude prices due to the outbreak will help India keep both the fiscal and current account deficits in check. Several [...]

India should be held to the same standard as other democracies: Ashok Malik, Policy Advisor, MEA

2020-03-13T20:46:09+00:00March 13th, 2020|2020, Home Page, North America Edition – 13 March-26 March 2020, UK Edition – 13 March-26 March 2020|

Ashok Malik, Policy Advisor, MEA, believes that recent initiatives of the Indian government have been misunderstood and misconstrued. Highlights: The divisive reaction on the CAA both domestically and internationally stems from "misunderstanding and misinterpretation of some of the recent initiatives of the government which have been misconstrued.” The western media has been almost singular in its coverage, with few publications or critics delving into the historic context or even the complexity of the problem. “All countries follow subjective criteria and [...]

Minneapolis-Saint Paul – A smart location for Indian investment

2020-03-31T06:28:52+00:00March 12th, 2020|2020, Home Page, North America Edition – 13 March-26 March 2020|

The region presents several opportunities for Indian companies focused on innovative healthcare solutions, among others. Highlights: The Minneapolis-Saint Paul region of Minnesota is the largest metro region in the US. The region is unique because it is home to two major urban centres. The region is renowned as the global epicentre of health innovation and care. The tech talent pool in the region is over 136,000, over 60 per cent larger than Austin, Texas. The Minneapolis-Saint Paul region of [...]