Link West showing early signs of success

    2018-08-02T10:19:48+00:00June 16th, 2017|2017/2018, Emerging Markets, June 2017, Year|

    Prime Minister Narendra Modi’s policy of renewing and redefining India’s millennia-old civilisational bonds with the Middle East are bearing concrete fruit in the form of strategic alliances and investments in India’s infrastructure sector. Mention the Middle East to an Indian and he will immediately associate it with oil, deserts, Dubai and, very possibly, a non-resident relative stationed there. None of the above provides a misleading picture of the region; equally, none of them paints the complete picture either. Today, the [...]

      Time ripe for closer India-GCC ties

      2018-06-08T13:24:28+00:00June 15th, 2017|2017/2018, Emerging Markets, June 2017, Year|

      India has historically had close economic ties with the Arabian Peninsula, especially the Gulf region along its eastern shores, writes a banking expert. The first historically recorded maritime trade route in the world was, in fact, between the Indus Valley civilisation and the civilisation of Dilmun, which was located on the island of Bahrain and the adjacent shore of Saudi Arabia. Goods, including cotton and spices, were acquired by merchants from Dilmun. Through most of history, goods flowed from India [...]