Global Edition- March 2018

///Global Edition- March 2018

India-Canada: A missed opportunity

2018-05-18T13:02:20+00:00March 16th, 2018|2017/2018, Country Focus, Global Edition- March 2018, Year|

The recent India visit of Canadian Prime Minister Justin Trudeau failed to hit the right note for India- Canada investment potential. For two economies as culturally interlinked as India and Canada, the intensity in trade ties have always flattered to deceive. In 2017, bilateral trade between the two nations stood at $8.4 billion with India having a trade deficit of approximately $2 billion. Trade has grown since 2010, when it was just $3.21 billion, but it still does not reflect [...]

Tata Group: Navigating Troubled Waters

2020-03-04T07:04:32+00:00March 16th, 2018|2017/2018, From the Top, Global Edition- March 2018, Home Page, Year|

As the Tata Group navigates troubled waters, Brand India must not be the ultimate loser, writes India Inc. Founder & CEO Manoj Ladwa. I have admired the Tata Group for almost as long as I can remember. I took great pride when Tata acquired marquee British brands such as Tetley, Corus (renamed Tata Steel Europe) and Jaguar Land Rover. And I celebrated when the group emerged as the UK’s largest manufacturing sector employer. It helped prove my consistent argument that [...]

The Goldilocks moment for interest rates in India is here

2020-03-04T07:04:04+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Last Word, Year|

The Reserve Bank of India (RBI) is at a point when the country’s economic climate is just right – neither too hot, nor too cold.   In the well-known fairytale ‘Goldilocks and the Three Bears’, a little girl enters the house of three bears, tastes three bowls of porridge and declares that she likes the one that is neither too hot, nor too cold… in other words, the one that is just right. Little children across English-speaking countries are familiar [...]

London is determined to remain a top choice for Indian businesses

2020-03-24T06:37:31+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, The Big Interview, Year|

Sadiq Khan, Mayor of London, tells ‘India Global Business’ about his determination to keep London as the top choice for Indian talent and businesses. How would you describe your India visit in December 2017 in terms of closer partnerships struck for the city of London? The longstanding relationship between Britain and India plays a big role in modern London, and the huge contribution of the Indian community to London's success over many decades is part of the fibre of our [...]

Indian female entrepreneurship makes its global mark

2018-05-18T13:02:21+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Spotlight, Year|

Two Indian women entrepreneurs have bagged $30,000 each as the finalists of the 2018 Cartier Women’s Initiative Awards with their innovative environmentally-friendly business concepts. One has created an environmentally-friendly sweetener and the other markets 100 per cent biodegradable sanitary napkins, and what they both have in common is that they have been short-listed for one of the world’s coveted global female entrepreneurship awards. Swati Pandey of Arboreal Agro Innovations, which oversees the production of an innovative, high-yielding variety of Stevia sweetener, and Kristin Kagetsu of Saathi Inc, [...]

Around the world with the Indian Navy

2020-03-16T10:33:37+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Opinion, Year|

An Indian Navy sailing team is out to make history as the first-ever voyage by an all-woman crew to circumnavigate the globe. Six women officers from the Indian Navy have been navigating choppy ocean waters since they were flagged off by Indian defence minister Nirmala Sitharaman from Goa in September last year. They are on a mission to make history as the first-ever voyage by an all-woman crew to circumnavigate the globe and recently departed from Port Stanley, the capital of Falkland Islands – a [...]

Budget 2018: Populist or watershed?

2020-03-04T07:04:04+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Opinion, Year|

Indian property market expert analyses India Budget 2018 to see what it has in store for the sector. The stakes were high for the government, which steam-rolled its way through demonetisation, Goods and Services Tax (GST) and Real Estate Regulation Authority (RERA). For a central government that looked steadfast on its way without compromise, irrespective of the Budget that they presented, it was expected that the Budget would be directed at the 2019 elections. So throwing caution to the wind, [...]

India emerges as world’s big defence spender

2018-05-23T10:08:14+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, State Focus, Year|

India’s defence budget overtook the UK for the first time in 2017 to be counted among the world’s top five. India’s actual spend of $52.5 billion (including defence pensions) in 2017 makes it the fifth-largest in the world, overtaking the UK to reach the ‘Top 5’ slot for the first time, according to the authoritative annual ‘Military Balance 2018’ published last month by the International Institute for Strategic Studies (IISS), the London-based think-tank I work for. According to the IISS, [...]

Big reforms underway but Indian banking still a long way away from good health

2020-03-24T06:27:12+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Sector Focus, Year|

The Narendra Modi government and the Reserve Bank of India (RBI) have taken major steps to bring recalcitrant promoters to book and clean up the $210-billion bad loan crisis plaguing the Indian banking system. These can address the issue for now but privatisation is not politically feasible. The scandal over fugitive billionaire Nirav Modi flying away to an unknown destination leaving behind unpaid loans of $1.8 billion has brought the festering bad loan crisis in the Indian banking system to [...]

India makes firm strides on women in the workplace

2019-04-24T14:45:10+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Spotlight, Year|

Against the backdrop of International Women’s Day on March 8, an Indian industry expert weighs up the role of women in the workplace in order to achieve women’s economic empowerment. According to UN Women, when more women work, economies grow. The McKinsey Global Institute (MGI) finds that $12 trillion could be added to global GDP by 2025 by advancing women’s equality. Even after decades of progress towards making women equal partners with men in the economy and society, the gap [...]