The Year That Was 2015: A Triumph of Economic Diplomacy

    2018-09-04T13:20:32+00:00December 2nd, 2015|2015, Putting it in Context, Year, Yearend 2015|

    India’s economic story in 2015, notwithstanding small hiccups, has been very encouraging to say the least. The GDP growth from 7 per cent in the second quarter to 7.4 per cent in the third ensured India retains its position as the fastest growing major economy in the world.

      Africa: A crucial frontier for India’s global ambitions

      2020-03-12T08:02:49+00:00December 2nd, 2015|2015, Hot Spot, Year, Yearend 2015|

      India, which woke up belatedly to Africa’s potential as a strategic, economic and diplomatic partner, is now showing urgency in making up for lost time. The third India-Africa Summit in New Delhi in October marked a final break from previous engagements with that continent, which were driven by ideology, non-alignment and anticolonialism.

        India offers Africa $10bn credit line

        2018-05-18T13:06:28+00:00December 2nd, 2015|2015, Hot Spot, Year, Yearend 2015|

        India’s relations with the 54 nations of Africa have received a much-needed reboot as a result of the India-Africa Forum Summit in New Delhi this week. An additional concessional credit line of $10 billion came alongside pledges for India and Africa to interact closely across areas of mutual interest like energy, climate change, agriculture and terrorism. India also renewed its commitment to help develop infrastructure, public transport, clean energy, irrigation, agriculture and manufacturing capacity across Africa.

          Ground set for good times ahead

          2018-05-18T13:06:28+00:00December 2nd, 2015|2015, THE YEAR THAT WAS 2015, Year, Yearend 2015|

          The year 2015 will go down in history as one that laid the groundwork for the promised “acchhe din” (good times), with enough concrete indicators that the Indian economy is set for a bounce. A series of far reaching measures taken by the Narendra Modi government is slowly beginning to bear fruit. The most important of these is the decision to front load the government’s capital expenditure, especially in the roads and highways, railways and rural infrastructure sectors

            Modi strikes deals worth £9.2bn in UK

            2020-03-12T08:07:17+00:00December 2nd, 2015|2015, UK Welcomes Modi, Year, Yearend 2015|

            India and the UK announced deals worth £9.2 billion during Prime Minister Narendra Modi visit to the UK this week. A new rupee bond to fund Indian Railways, a civil nuclear pact and collaborations in the field of defence and cyber security were among the highlights of what British Prime Minister David Cameron described as a "new dynamic modern partnership".

              India, UK strike £3.2bn climate change partnership

              2018-05-18T13:06:27+00:00December 2nd, 2015|2015, UK Welcomes Modi, Year, Yearend 2015|

              India and the UK have agreed on a comprehensive package of collaboration on energy and climate change which includes commercial deals worth £3.2 billion during Prime Minister Narendra Modi’s visit to the UK. The UK and India reaffirmed the importance of addressing climate change and promoting secure, affordable and sustainable supplies of energy that will support economic growth, energy security and energy access.

                India-UK research gets £72mn boost

                2018-05-18T13:06:27+00:00December 2nd, 2015|2015, UK Welcomes Modi, Year, Yearend 2015|

                The value of investment in UK-India research from the UK Research Councils, the Indian government and third parties received a £72-million boost during Prime Minister Narendra Modi’s visit to the UK. The research partnership now exceeds £200 million covering programmes across food, energy and water security; health and well-being; smart cities and rapid urbanisation – and increasing access to expertise, resources and facilities.