The Big Story North America – India Global Business

//The Big Story North America - India Global Business

Jio-Facebook: Match made in heaven or an expedient medium-term partnership?

2020-08-20T04:46:39+00:00May 12th, 2020|Home Page, The Big Story North America - India Global Business|

Facebook’s purchase of a 10 per cent stake in Jio Platforms for $5.7 billion looks like a win-win for both partners and burnishes India’s image as an FDI hotspot even during a lockdown, and many analysts are speculating how this will play out in the long term. Highlights: Facebook bought a 9.99 per cent stake in Jio Platforms, RIL’s wholly-owned subsidiary that houses its telecom venture and most of its digital assets, for $5.7 billion. This is the largest investment [...]

Right time for India to push for greater FDI inflows

2020-05-11T05:25:45+00:00April 24th, 2020|2020, Home Page, North America Edition – 24 April-07 May 2020, The Big Story North America - India Global Business|

Despite a global recession, India is expected to be among the few countries that will still grow, offering foreign investors an ideal FDI destination as they look to relocate their factories away from China. Highlights: The IMF predicts India’s growth rate to bounce back to 7.4 per cent next year. India can escape recession due to its fewer linkages with global supply chains and its dependence on domestic consumption as the primary driver of GDP growth. India’s large domestic market [...]

Tilting closer towards Uncle Sam

2020-05-27T11:38:11+00:00April 10th, 2020|2020, North America Edition – 10 April-23 April 2020, The Big Story North America - India Global Business|

The close cooperation between India and the US on ways to combat COVID-19 stands in sharp contrast to India’s transactional ties with China. Highlights: Given the long history of wariness in Indo-Chinese ties, India is building a strong partnership with the US to find ways to combat the virus. While the government has made common cause with the US on several issues, it has also finessed its foreign policy to maintain a functional working relationship with China. The cooperation with [...]

A contrarian call in times of the coronavirus crisis

2020-05-11T05:02:53+00:00March 26th, 2020|2020, North America Edition – 27 March-09 April 2020, The Big Story North America - India Global Business|

Foreign investors have been offloading Indian shares in reaction to the coronavirus scare. But the Warren Buffet formula suggests that investors who buy into the India growth story now could get handsome returns over the next three-five years. Highlights: With the 32 per cent drop in Sensex in the last two months, foreigners have sold more than $5 billion worth of shares in India in the past few weeks. Indian fund managers are advising their clients not to panic and [...]

Skill India Mission is a huge business opportunity for the world

2020-05-11T04:59:41+00:00March 12th, 2020|2020, North America Edition – 13 March-26 March 2020, The Big Story North America - India Global Business|

The Modi government’s Skill India Mission, which is being supported by the World Bank and institutions in the US, the UK, Japan, Germany and other countries, promises to improve and upgrade the abilities of Indian workers. Highlights: One of the major pain points faced by foreign investors in India is the absence of adequately trained personnel. To incentivise the institutional reforms, the government launched the Skills Strengthening for Industrial Value Enhancement (STRIVE) programme. The US and India have signed MoUs [...]

Massive room for growth in Indo-Israeli trade

2020-05-11T03:56:47+00:00March 2nd, 2020|2020, North America Edition – 28 Feb-12 March 2020, The Big Story North America - India Global Business|

A series of recent MoUs and joint ventures could signal a new dawn for increased bilateral trade between India and Israel. Highlights: Israel is India’s largest partner in the defence sector, especially when it comes to smart precision guided ammunition. India and Israel also have collaborated on space technologies, cyber security, counter-terrorism and intelligence sharing. Israeli expertise in the agriculture sector, particularly drip irrigation and value chains, has helped transform large tracts of wasteland in Haryana, Gujarat and Maharashtra into [...]

Trade, defence deals to be focus of Trump’s visit

2020-05-11T03:51:08+00:00February 14th, 2020|2020, North America Edition – 14 Feb-27 Feb 2020, The Big Story North America - India Global Business|

A limited trade deal worth about $10-12 billion between India and US is likely to be signed during President Trump’s visit to India. This will pave the way for an FTA between the countries and facilitate a closer strategic clinch that will provide the world a counter to the rise of China. Highlights: The US and India are likely to sign the much talked about limited trade deal between during Trump’s India visit. India’s defence purchases from the US forms [...]

India sends out a loud message: Follow the law

2020-05-11T03:49:08+00:00January 31st, 2020|2020, North America Edition – 31 Jan-13 Feb 2020, The Big Story North America - India Global Business|

Indian Commerce Minister Piyush Goyal’s rebuke of Amazon chief Jeff Bezos, during his recent visit to India, needs to be seen in the context of the e-commerce giant’s alleged predatory and anti-competitive practices that threaten the livelihoods of millions in India’s largely unorganised retail sector. Highlights: Indian Commerce Minister Piyush Goyal’s criticism of Amazon chief Jeff Bezos was an unprecedented move. The rebuff from the government and the traders’ protests come at a time when India’s anti-trust regulator, the Competition [...]

The decade of aspiration, acceleration and assertion

2020-05-11T06:18:42+00:00January 10th, 2020|2020, Home Page, North America Edition – 10 January 2020, The Big Story, The Big Story North America - India Global Business, The Big Story UK - India Global Business, UK Edition – 10 January 2020|

The 2020s promise to be a decade with a difference. For one, many incipient trends – from a rise in aspirations to an acceleration in development to greater assertion of national identities – will come into their own over the next few years. Then, rising education levels and breakthroughs in science, technology and medicine will likely make this the most egalitarian decade in the history of mankind. Highlights: 2020 marks a decade of aspirations – of the billions of newly [...]