Arnab Mitra2021-02-04T13:01:45+00:00February 1st, 2021|The Big Story - India Global Business|
The Indian Finance Minister has balanced the need for fiscal prudence with the imperatives of pushing consumption and demand with a renewed focus on spending big on infrastructure and healthcare – without unduly burdening the economy with new taxes.
India Global Business Staff2021-02-04T13:03:30+00:00February 1st, 2021|Analysis - India Global Business, India Inc Views - India Global Business|
The economy is projected to contract 7.7% in the current fiscal year, although the government forecasts growth of 11% for the coming fiscal year, after a massive COVID-19 vaccination drive and a rebound in consumer demand and investments.
India Global Business Staff2021-02-04T12:46:42+00:00February 1st, 2021|Analysis - India Global Business, India Inc Views - India Global Business|
Gains in ICICI Bank and IndusInd Bank after quarterly earnings lifted the Nifty Bank index 8.3% to an all-time closing high.
Arnab Mitra2021-02-04T13:02:43+00:00February 1st, 2021|Analysis - India Global Business, India Inc Views - India Global Business|
To facilitate this infrastructure building spree, the Finance Minister announced a $2.75-billion outlay to capitalise a new development finance institution (DFI). That would build up a lending portfolio of about $70 billion within the next three years.
Arnab Mitra2021-02-04T13:04:16+00:00February 1st, 2021|Analysis - India Global Business, India Inc Views - India Global Business|
Disinvestment targets seem to be more realistic while a certain amount of scrutiny needs to be paid to inflation and the only way out is speedy growth for the country.
India Global Business Staff2021-02-04T13:01:33+00:00February 1st, 2021|Analysis - India Global Business, India Inc Views - India Global Business|
Here are some reactions from Indian businesses, economists and analysts to Indian Finance Minister Nirmala Sitharaman’s 2021-22 Indian budget declarations.
Arnab Mitra2021-01-26T17:46:10+00:00January 19th, 2021|In Focus: Covid-19 impact, India Inc Views - India Global Business|
The recently launched production-linked incentive scheme for smartphone makers has already started paying rich dividends. Extending this to laptops, tablets could open up a $100-billion opportunity for India, reduce the trade gap with China and generate employment for millions.
Arnab Mitra2021-01-26T17:47:18+00:00January 19th, 2021|Guest Columns - India Global Business, Insight - India Global Business|
The Modi government’s production-linked incentive scheme for smartphones has received an overwhelming response from global sector leaders like Apple and Samsung. If it is successful, it can become the benchmark for 12 others sectors in which India has ambitions of emerging as the world’s preferred manufacturing destination.
India Global Business Staff2021-01-26T17:53:57+00:00January 19th, 2021|Insight - India Global Business|
The new US administration proposes to overturn Trump’s stringent immigration policies and replace it with the modern, humane US Citizenship Act, 2021 that will make it easier for the technology sector to recruit Indian professionals for positions in the US.
Arnab Mitra2021-01-26T17:53:50+00:00January 19th, 2021|India Inc Views - India Global Business, The Big Story - India Global Business|
The next US administration may make a few noises about Kashmir and human rights but the convergence of geo-strategic interests between India and the US and strong bipartisan support for a closer diplomatic engagement will ensure that the relationship continues to gather strength.
