July-August 2016
July-August 2016
This edition of ‘India Global Business’ throws the spotlight on India’s trade dealings with the world. As the fastest growing economy of the world, it is only right that India seek a rebalance in trade that reflects its growing global clout. Besides this central focus, there are the usual exclusive interviews and columns on offer, including a business focus on Brazil – the host country for the Olympic Games.
Indian companies are net job creators in the US
Indian companies, far from being job destroyers in the US, are actually net employment generators, writes India Inc. Consulting Editor.
Republican Party presidential nominee Donald Trump’s flip flops over H1B visas, which allow Indian IT pros to work in the US, show that large sections of the US are increasingly viewing protectionism as a panacea for its domestic economic problems, including joblessness, even as saner voices point to the positive contributions made by skilled migrants like Indian geeks.
Modi’s visit to Africa: Key takeaways
The Indian Prime Minister sought to set the tone right and put India-Africa relations on a fast track with his recent African safari.
Narendra Modi’s five day four nation visit to Africa in July was his 51st visit to a foreign country since taking over and 11th this year. While his trips to US, Europe or China generate more newsprint and airwaves, his African safari is anything but less significant.
The continent has for long being seen as a potential bright spot in the world economy that will manifest itself after emerging markets like Russia, India, Brazil and China have exhausted themselves. When that happens, the country that has the most solid and traditional foundation and footprint...
Indian exports battle stiff trade barriers
Global trade slowdown is far worse than projected and the trend is leading to greater protectionism, writes FICCI president.
If you are concerned with slowdown in world trade, think again. It is indeed far worse than what we commonly believe. As the July-report of ‘Global Trade Alert’ pointed out, world trade is not just slowing down – the fact is it has not grown at all since January 2015. Such a prolonged phase of ‘no growth’ in global trade is worrisome and expectedly, it is accompanied by a spurt in protectionism.
Riding a bumpy road to economic partnership
As the shine begins to wear off PM Modi’s much-talked-about US visit in June 2016, a foreign policy expert from the Washington DC based Centre for Strategic & International Studies analyses the scenario beyond small but important goals achieved so far.
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