UK Edition – 27th September 2019

///UK Edition – 27th September 2019

India presses the growth reset button

2019-09-27T16:12:39+00:00September 27th, 2019|2019, North America Edition – 27th September 2019, UK Edition – 27th September 2019|

Editorial Comment ‘India Global Business’ gives its take on India’s latest tax cuts. Indian Finance Minister Nirmala Sitharaman last week unveiled her boldest tax move yet. In one fell swoop, she cut India’s corporate tax rate from 34 per cent to just over 25 per cent. Further, she announced a new tax rate of 17 per cent for manufacturing companies setting up after 1 October  this year and commence operations before 31 March 2023. These are, easily, the most aggressive [...]

Brexit quake leaves Boris shaken, but not stirred

2019-09-27T16:12:43+00:00September 27th, 2019|2019, UK Edition – 27th September 2019|

Editorial Comment ‘India Global Business’ gives its take on the latest Brexit quake in the UK. The UK Supreme Court declaring Boris Johnson’s prorogation of Parliament unlawful has shaken up the British political system to its very core, with political experts scrambling for words beyond historic and unprecedented. "The decision to advise Her Majesty to prorogue Parliament was unlawful because it had the effect of frustrating or preventing the ability of Parliament to carry out its constitutional functions without reasonable [...]

UK’s Labour Party is recklessly out of sync with New India

2019-09-27T15:37:57+00:00September 27th, 2019|2019, North America Edition – 27th September 2019, UK Edition – 27th September 2019|

Labour’s politics is terribly and recklessly out of sync with Britain’s business and wider strategic interests in aligning with democratic India; the US Democrats would do well to take note, writes India Inc. Founder & CEO Manoj Ladwa. The Labour Party has historically enjoyed good relations with India and its 1.5-million strong diaspora community in the UK. The overwhelming majority of British Indians have traditionally voted for Labour. It has long been felt that the Labour Party has best represented [...]

Modi’s Houston meeting with CEOs to enhance India’s energy security

2019-09-27T16:17:20+00:00September 26th, 2019|2019, Home Page, North America Edition – 27th September 2019, UK Edition – 27th September 2019|

The Indian Prime Minister’s meeting with the heads of major US oil companies and his government’s tango with the Middle East and Russia will ensure that the country gets adequate hydrocarbon supplies to power its growth aspirations. The recent attack on Saudi Aramco’s plants, which resulted in the suspension of 5 per cent of the world’s crude oil supplies, led to violent swings in global oil prices. In the two days following the attack, Brent futures went up by almost [...]

Brexit can potentially act as a reset button for British manufacturing

2019-09-27T15:19:45+00:00September 26th, 2019|2019, UK Edition – 27th September 2019|

An economics and public policy expert summarises how a no-Deal Brexit will impact manufacturing in the UK and India. In 1610, the English adventurer Sir Thomas Roe was sent by Queen Elizabeth on a mission to the West Indies in search of the fabled El Dorado, the city of gold reported in the myths of Spanish conquistadors. Roe failed, however, and instead turned his attention to the East, seeking Emperor Jahangir’s blessings to bring British trade to India. The result [...]

The UK provides a compelling offer for Indian businesses

2019-09-27T16:16:57+00:00September 26th, 2019|2019, Home Page, UK Edition – 27th September 2019|

The Lord Mayor of the City of London reflects on the opportunities for collaboration between the UK and India within the digital sphere as he leads a major fintech delegation to India. As a businessman who has travelled to India no less than 20 times over three decades, it was fantastic to return to the country as Lord Mayor of the City of London, and principle ambassador for the UK financial and professional services sector. Last week I visited three cities [...]

The UK-India Tech Partnership: Supporting our future workforce

2019-09-27T15:04:14+00:00September 26th, 2019|2019, North America Edition – 27th September 2019, UK Edition – 27th September 2019|

As the UK is predicted to have sizeable increase of tech-related jobs over the next few years, a partnership with India is could be the solution to the futureproofing the workforce. Whether you call it the Fourth Industrial Revolution or Society 5.0, the transformations we are witnessing across the globe bring unprecedented changes and enormous opportunities. Equally, they present difficult challenges. Rapid advances in technology are fundamentally changing the way we work and learn, and how we connect with the [...]

What’s ailing India’s solar rooftop ecosystem?

2019-09-30T14:50:54+00:00September 26th, 2019|2019, North America Edition – 27th September 2019, UK Edition – 27th September 2019|

India’s solar rooftop sector reached a cumulative capacity of 3.3 GW last financial year. Andrew Hines, Co-founder of CleanMax Solar, India’s largest provider of solar power in the commercial and industrial segment, identifies areas India needs to address if it is to meet its target of 40 GW of rooftop solar power by 2022. In the past decade, renewable energy has emerged as a force to be reckoned with, providing power that is not only clean but also increasingly cost-effective. [...]

India-UK maritime security: Convergences and Opportunities

2019-09-27T10:54:08+00:00September 26th, 2019|2019, UK Edition – 27th September 2019|

A strategic expert writes on how a transformative bilateral relationship between India and Britain will require greater convergence on maritime security. In post-Brexit UK, economic and foreign policy seeks to be independent of the EU with the ambition for a ‘Global Britain’. As a rising great economic power, India will become a key focus of the UK’s revised ‘prosperity agenda’, along with the US, Australia, Japan and New Zealand. But, India’s increasing strategic influence also provides new opportunities for engagement [...]

Queensland: A smart investment decision

2019-09-27T10:45:05+00:00September 26th, 2019|2019, North America Edition – 27th September 2019, UK Edition – 27th September 2019|

Renowned for its excellence in a broad spectrum of sectors including agritech, biotech, education and renewable energy, Queensland’s innovative climate and geographical positioning make it an ideal bet for Indian investors, claims a trade expert. Stretching across 1.7 million kilometres in Australia’s sunny north, the state of Queensland is looking to the future and embracing the opportunities of a changing global economy. Queensland is finding new and better ways to build on strengths such as resources and agriculture and making [...]