The UK as a location of choice for high net worth Indian individuals

    2020-03-04T07:00:42+00:00February 23rd, 2018|2017/2018, SPOTLIGHT, UK Edition - March 2018, Year|

    ‘New World Wealth’ recently reported that 7,000 ultra-rich Indians moved overseas to various locations in 2017, including the UK.  A financial expert analyses the tax scenario in the country to weigh up its attractions. The focus of this report is on the tax regime in the UK and why this may be attractive to individuals domiciled in India or elsewhere. The UK offers many other social and economic benefits and tax is unlikely to be the only factor influencing the [...]

      Decoding the Indian Budget 2018 for UK businesses

      2018-05-23T12:33:16+00:00February 23rd, 2018|2017/2018, India-Uk, UK Edition - March 2018, Year|

      The Budget opens up wide scope for private sector participation in sectors such as healthcare. India’s Union Budget 2018-19, presented by the Finance Minister on 1 February 2018, reaffirms the government’s focus on keeping the Indian economy on an inclusive growth path with an emphasis on social sector, infrastructure and agricultural development. This was the government’s last full-year budget before the General Elections in 2019 and came on the back of significant structural reforms in the last 12-15 months including [...]

        UK is a destination, not a stopover, for Indian banks

        2020-11-24T11:17:59+00:00February 23rd, 2018|2017/2018, Global Indian, UK Edition - March 2018, Year|

        Sanjiv Chadha is the Regional Head for the UK for State Bank of India (SBI), India’s largest state-owned bank. The London-based executive, also Chair of the Association of Indian Banks in the UK, took time out for ‘India Global Business’ to elaborate on SBI’s move from a branch of the Indian entity in Britain into a standalone subsidiary, in line with regulatory requirements, and how the Indian roots of the bank have proved a big asset. What will the launch [...]

          Can CHOGM 2018 redefine global trading history?

          2020-03-04T07:02:37+00:00February 23rd, 2018|2017/2018, Analysis, UK Edition - March 2018, Year|

          The Commonwealth Heads of Government (CHOGM) meeting in London in April is expected to be the most ground-breaking summit for the bloc of 53 nations. When Narendra Modi arrives for the Commonwealth Heads of Government (CHOGM) meeting in London in April, he will be aware of the significance of his very presence at the summit. It will mark the first visit by an Indian Prime Minister to CHOGM since Trinidad and Tobago in 2010, with Indian leaders having given summits [...]

            Indian firms on an investment spree

            2020-04-03T11:41:23+00:00February 23rd, 2018|2017/2018, SPOTLIGHT, UK Edition - March 2018, Year|

            From oil and gas to FMCG, Indian companies made their mark around the world in recent weeks. India gets stake in Abu Dhabi oil Indian companies agreed to pay $600 million for a stake in one of Abu Dhabi’s biggest offshore oil concessions, securing a share in the emirate’s crude production for the first time. State-owned Oil and Natural Gas Corp and two other Indian companies will take a 10 per cent share of the concession to pump crude from [...]

              India and UK are both at inflection points

              2018-08-05T05:48:35+00:00February 23rd, 2018|2017/2018, India-Uk, UK Edition - March 2018, Year|

              Among the best global partners, India and UK will find during this transformational phase are each other. TheIndia-United Kingdom relationship is so old, so multi-faceted and so rich in its cultural, economic and people-to-people dimensions that it would appear that politicians and governments almost don’t matter. Actually, it is upon governments in both countries, and upon us MPs – my British and Indian colleagues and me, in my capacity as co-chair of the India-UK Parliamentary Forum – to build on [...]

                India’s start-up ecosystem has matured rapidly

                2020-03-04T07:03:43+00:00February 23rd, 2018|2017/2018, Analysis, UK Edition - March 2018, Year|

                Policy incentives, support organisations, universities and large corporates have all played a vital role in the evolution of an innovation-led scenario in India. Over the centuries innovation has been a key change agent the world over in an effort to provide accessible and affordable solutions to dynamic consumer needs. It plays a crucial role in determining the industrial and economic competitiveness of any country. India has been contributing innovations that have been a game changer. From the innovation of the [...]

                  India’s youth will be biggest factor in UK-India relations

                  2018-05-23T13:31:31+00:00February 23rd, 2018|2017/2018, India-Uk, UK Edition - March 2018, Year|

                  Discounting foreign students from migrant calculations will greatly benefit the British economy. India is a country of over 1.3 billion people, over half of whom are aged 25 and under. The UK-India partnership must benefit the youth of India if it is going to reach its full potential. To achieve this, the UK’s higher education sector must play a leading role in building that bond between the UK and India and any prospective trade deal must include concessions on the [...]

                    Working together to ensure Manchester-India relations really take off

                    2020-03-16T11:16:53+00:00February 23rd, 2018|2017/2018, Analysis, UK Edition - March 2018, Year|

                    The Chair of the Manchester India Partnership explains the benefits of connectivity this new tie-up would bring India and the UK. It is a great honour to have been named chairman of the Manchester India Partnership and to have launched the organisation, both in the UK and during a visit to Delhi and Mumbai this month. One of my primary objectives for the months ahead as CEO of Manchester Airport is to secure direct flight services to India and, as [...]