Lower GST rates to help sustain demand in a fiscally responsible manner

    2020-12-11T10:44:02+00:00November 3rd, 2020|In Focus: Covid-19 impact, India Inc Views - India Global Business|

    India’s GST system is too complicated and has far too many slabs. A simpler regime with fewer, lower rates will improve compliance, lower prices, increase consumption demand and, most importantly, not cost the government an arm and a leg to implement.

      Invite to Australia to join Malabar shows India’s defiance of China

      2020-10-30T12:08:00+00:00October 30th, 2020|In Focus: Covid-19 impact, India Inc Views - India Global Business|

      After much hesitation and debate, India finally invited Australia to join the Malabar naval exercise it conducts with the US and Japan. This is intended to send a strong signal to Beijing to stop bullying its neighbours and de-escalate the military crisis it has created in Ladakh.

        India sends a subtle message to China through the 2+2 dialogue

        2020-10-29T13:51:10+00:00October 29th, 2020|In Focus: Covid-19 impact, India Inc Views - India Global Business|

        The third meeting of the Indian and US Defence and Foreign Ministers in New Delhi recently concluded the last foundational agreement to bring the defence forces of the two countries closer and sent a strong message to Beijing on its expansionist ambitions.

          The worst may be over for the Indian economy

          2020-10-29T14:29:58+00:00October 27th, 2020|In Focus: Covid-19 impact, India Inc Views - India Global Business|

          Several leading indicators, such as automobile sales, power and fuel consumption, demand for cement and steel and offtake of housing, personal and farm loans show the economy is slowly recovering in Q2 from the massive 23.9 per cent contraction in Q1. But a full recovery will be possible only next year.