With just weeks to go, the search for the 45th President of the United States is getting increasingly tighter and fractious. ‘India Global Business’ evaluates the strengths and weaknesses of the two main candidates – Donald Trump and Hilary Clinton – to see what India has in store under a new US President. Traditionally, the 50 states vote either for the Republican or Democrat candidate largely on a set pattern based on the two parties’ take on a host of [...]
An Indian economist gives his views on the unfolding scenario for India and the world after Britain voted to leave the European Union economic bloc in a referendum on June 23.
Last year, India invested more in the UK than in Germany, France and Italy combined. In terms of number of projects, India was the third largest source of foreign direct investment (FDI) to the UK, with around 122 projects generating more than 7,700 jobs in the country (Source: Deloitte). The UK is also one of the largest investors into India, contributing around ...
A senior academic with expertise in international trade agreements explains why India and the US still have much ground to cover in terms of trade ties.
Notwithstanding their geo-strategic bonhomie, India and the US remain far apart on international trade. The distance arises from their inabilities to reconcile to a bilateral trade relationship simultaneously accommodating both of their major sources of distinct global comparative advantages. These advantages for the US are in export of intellectual property (IP) – intensive goods and services such as pharmaceuticals and entertainment and education products – whereas for India, they are in...
The organisation charged with promoting trade and investment between Commonwealth countries has had a turbulent history but it may have finally found its saviour in businessman and entrepreneur Jonathan Peter Marland, also known as Lord Marland of Odstock. Here we trace the journey of the Commonwealth Enterprise and Investment Council (CWEIC) and the promise it holds under Lord Marland’s stewardship. The Commonwealth Heads of Government Meeting (CHOGM) in Edinburgh in 1997 had mandated the creation of the Commonwealth Business Council [...]
A British pullout from the EU may affect its position as India Inc.’s gateway to Europe. As Britain prepares for its Brexit vote –the referendum later this summer to decide whether Britain should or shouldn’t stay in the European Union – Indian Prime Minister Narendra Modi prepares to reach Brussels for the India-European Union (EU) summit at the end of March. This will be the first such summit after the Modi government came to office in New Delhi in May [...]
“Nations have no permanent friends or allies, they only have permanent interests.” The India-Japan relationship has been almost a perfect example of the famous quote by the 19th century British Prime Minister Lord Palmerson on foreign policy.