Global Edition March 2018 sub

/Tag: Global Edition March 2018 sub

London is determined to remain a top choice for Indian businesses

2020-03-24T06:37:31+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, The Big Interview, Year|

Sadiq Khan, Mayor of London, tells ‘India Global Business’ about his determination to keep London as the top choice for Indian talent and businesses. How would you describe your India visit in December 2017 in terms of closer partnerships struck for the city of London? The longstanding relationship between Britain and India plays a big role in modern London, and the huge contribution of the Indian community to London's success over many decades is part of the fibre of our [...]

Indian female entrepreneurship makes its global mark

2018-05-18T13:02:21+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Spotlight, Year|

Two Indian women entrepreneurs have bagged $30,000 each as the finalists of the 2018 Cartier Women’s Initiative Awards with their innovative environmentally-friendly business concepts. One has created an environmentally-friendly sweetener and the other markets 100 per cent biodegradable sanitary napkins, and what they both have in common is that they have been short-listed for one of the world’s coveted global female entrepreneurship awards. Swati Pandey of Arboreal Agro Innovations, which oversees the production of an innovative, high-yielding variety of Stevia sweetener, and Kristin Kagetsu of Saathi Inc, [...]

Around the world with the Indian Navy

2020-03-16T10:33:37+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Opinion, Year|

An Indian Navy sailing team is out to make history as the first-ever voyage by an all-woman crew to circumnavigate the globe. Six women officers from the Indian Navy have been navigating choppy ocean waters since they were flagged off by Indian defence minister Nirmala Sitharaman from Goa in September last year. They are on a mission to make history as the first-ever voyage by an all-woman crew to circumnavigate the globe and recently departed from Port Stanley, the capital of Falkland Islands – a [...]

Budget 2018: Populist or watershed?

2020-03-04T07:04:04+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Opinion, Year|

Indian property market expert analyses India Budget 2018 to see what it has in store for the sector. The stakes were high for the government, which steam-rolled its way through demonetisation, Goods and Services Tax (GST) and Real Estate Regulation Authority (RERA). For a central government that looked steadfast on its way without compromise, irrespective of the Budget that they presented, it was expected that the Budget would be directed at the 2019 elections. So throwing caution to the wind, [...]

India emerges as world’s big defence spender

2018-05-23T10:08:14+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, State Focus, Year|

India’s defence budget overtook the UK for the first time in 2017 to be counted among the world’s top five. India’s actual spend of $52.5 billion (including defence pensions) in 2017 makes it the fifth-largest in the world, overtaking the UK to reach the ‘Top 5’ slot for the first time, according to the authoritative annual ‘Military Balance 2018’ published last month by the International Institute for Strategic Studies (IISS), the London-based think-tank I work for. According to the IISS, [...]

Big reforms underway but Indian banking still a long way away from good health

2020-03-24T06:27:12+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Sector Focus, Year|

The Narendra Modi government and the Reserve Bank of India (RBI) have taken major steps to bring recalcitrant promoters to book and clean up the $210-billion bad loan crisis plaguing the Indian banking system. These can address the issue for now but privatisation is not politically feasible. The scandal over fugitive billionaire Nirav Modi flying away to an unknown destination leaving behind unpaid loans of $1.8 billion has brought the festering bad loan crisis in the Indian banking system to [...]

India makes firm strides on women in the workplace

2019-04-24T14:45:10+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Spotlight, Year|

Against the backdrop of International Women’s Day on March 8, an Indian industry expert weighs up the role of women in the workplace in order to achieve women’s economic empowerment. According to UN Women, when more women work, economies grow. The McKinsey Global Institute (MGI) finds that $12 trillion could be added to global GDP by 2025 by advancing women’s equality. Even after decades of progress towards making women equal partners with men in the economy and society, the gap [...]

Investing in Brazil

2018-10-30T12:28:56+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Hotspot, Year|

Apex-Brasil, one of Brazil’s leading investment bodies, lays out points of attraction for Indian business to invest in Brazil. Brazil has been a top investment destination for many years, and it still is, despite the volatility generated by the recent crisis the country went through. Since 2010, Brazil has remained among the world’s 10 main foreign direct investment (FDI) recipient countries. Last year (2017), nearly $75 billion in FDI were received by the country. This year, close to $80 billion are expected. [...]

Indian innovation is key to solving the globe’s vision-related disabilities

2020-03-04T07:04:04+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Spotlight, Year|

Poor vision, as the world’s largest unaddressed disability, requires investment to prevent its crippling impact on economic growth. Prime Minister Modi created waves at this year’s World Economic Forum, when he announced that India’s economy, already the fifth-largest in the world, would double to $5 trillion by 2025. Though met with some scepticism, Modi’s optimism is not without grounds; with infrastructure spending on the rise and global consumer brands from Unilever to Samsung benefiting from the country’s growing middle class. [...]

From laggard to leader, the journey has just begun for Uttar Pradesh

2020-03-04T07:04:21+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, State Focus, Year|

The Yogi Adityanath government has set its ambitions very high. But its goal of transforming Uttar Pradesh into an industrial powerhouse shows early signs of promise. Progressing from pauper to prince is the stuff of dreams. So, when Indian Prime Minister Narendra Modi asked at a recent investor summit whether Uttar Pradesh, India’s most populous state with a population of 200 million, could compete with Maharashtra to try and become India’s first trillion-dollar state, there were polite smiles all around. [...]