/Tag: Growth

India, UK and the Dawn of the Afro-Asian Century

2019-07-04T10:34:46+00:00June 25th, 2019|2019, Special Edition – June 2019|

A partnership between the UK, India and Africa can not only redefine the current global ethic but also easily become one of the most significant trilateral relationships in the coming years. As we approach the third decade of the 21st century, it is unmistakable that Asia now has a twin – Africa. Even as economists and political pundits alike contest and celebrate the Asian Century, it would be erroneous to ignore the promise that a full one-fifth of humanity that [...]

Re-balancing the trilemma: Reserve Bank of India bats for growth, at last

2019-02-15T14:39:10+00:00February 15th, 2019|2019, Global Edition – February 2019|

Keeping the currency stable, inflation muted and growth high is an unenviable three-way challenge faced by India’s banking chief. The Reserve Bank of India (RBI) governor has an unenviable job. Apart from being India’s chief banking regulator, he has to ensure that the Indian currency remains stable, inflation muted and growth high. These last three have often been referred to as the Indian central banker’s trilemma. On the face of it, all three are highly desirable outcomes and ideally, the [...]

The significant opportunities for UK SMEs to trade with India

2019-02-15T14:42:37+00:00January 15th, 2019|2019, Home Page, UK Edition – February 2019|

A financial expert weighs up India’s booming market where Britain’s small and medium enterprises (SMEs) can find an export niche. India has fast become one of the UK’s primary trading partners. According to official UK trade figures, exports to India grew 31.8 per cent in the year to March 2018 – reflecting great opportunity for further growth by UK businesses. The UK’s Department for International Trade (DIT) was keen to point out that exports grew faster to India as well [...]

The Goldilocks moment for interest rates in India is here

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

The Reserve Bank of India (RBI) is at a point when the country’s economic climate is just right – neither too hot, nor too cold.   In the well-known fairytale ‘Goldilocks and the Three Bears’, a little girl enters the house of three bears, tastes three bowls of porridge and declares that she likes the one that is neither too hot, nor too cold… in other words, the one that is just right. Little children across English-speaking countries are familiar [...]

New findings inspire confidence in India’s reporting of methane emissions

2018-12-31T12:21:31+00:00November 29th, 2017|2018/2017, India Investment Journal November Edition, Other Highlights, Year|

Methane is the second most powerful greenhouse gas whose concentrations are rising in the atmosphere but India recorded little growth in its emissions over the last few years.  Methane is the second most powerful greenhouse gas after carbon dioxide and concentrations are rising in the atmosphere. Each tonne of methane emitted contributes roughly 25 times more to global warming than an equivalent amount of carbon dioxide. Because of its potency and quick decay in the atmosphere, countries have recognised that reduction [...]

Short Takes

2018-12-31T11:58:01+00:00November 25th, 2017|2018/2017, Flagship Scheme, India Investment Journal January Edition, India Investment Journal November Edition, Year|

Vedanta to invest $9bn in India London-based Vedanta Resources Plc will invest roughly $9 billion in India over the next few years to expand its hydrocarbons, metals and mining businesses and meet more of India’s requirements of these commodities locally. Anil Agarwal, founder and chairman, Vedanta Resources Plc, said: “We are planning to invest $2.5 billion in oil and gas to step up our production to half of India’s crude oil output (from 26 per cent in 2016-17). "The other [...]

Banking the unbanked is India’s big success story

2018-08-01T12:50:35+00:00October 27th, 2017|2017/2018, October 2017, SECTOR FOCUS/Finance, Year|

Arundhati Bhattacharya is the first woman to chair the State Bank of India (SBI), India’s largest state-owned bank. Just before her retirement in early October, she took time out for ‘India Global Business’ during a visit to the UK to delve into Indian banking reforms and the promise of measures like demonetisation and Goods & Services Tax (GST) having a positive impact on the economy in the long term. What does the new SBI bond index series launched in the UK [...]

Indian renewables agency strikes Bond with UK

2018-08-01T12:55:48+00:00October 26th, 2017|2017/2018, October 2017, UK/EUROPE, Year|

The Indian Renewable Energy Development Agency (IREDA) has become the latest Indian entity to launch a new Green Masala Bond on the London Stock Exchange. The Indian Renewable Energy Development Agency (IREDA) listed new a new Green Masala Bond on International Securities Market (ISM) to raise funds to finance renewable energy projects across India. The five-year dated bond raised approximately $300 million (Rs 19.5 billion), with a coupon of 7.125 per cent, and became the first Green Masala Bond to be listed on the ISM. “IREDA is [...]

Energy, opportunity, leadership: Why it’s India’s time to shine

2018-05-30T12:48:29+00:00August 16th, 2017|2017/2018, August 2017, Guest Columns, Year|

A UN climate expert believes India is on the cusp of becoming a global leader in the field of sustainability. There are three things that, for me at least, best characterise modern India. And it is because of these qualities that I’m so convinced that the country is on the cusp of becoming a global leader in climate action and sustainability. Firstly, from independence to today, India has always steered a unique course –confident in its own path. It’s also [...]