India staying away from RCEP is a good move

2020-11-19T10:38:39+00:00November 19th, 2020|Analysis - India Global Business, India Inc Views - India Global Business|

New Delhi stayed away from the world’s largest trade bloc as its critical concerns were not addressed. While this makes sense for the moment staying away from the RCEP can be a short-term palliative but IT cannot be a long-term solution to India’s ambitions of emerging as a global manufacturing hub.

India and Italy revisit and re-energise their strategic ties

2020-11-09T13:07:41+00:00November 9th, 2020|Country Focus - India Global Business, India Inc Views - India Global Business|

With the balance of trade already tilted in its favour, India has the edge on bilateral ties with Italy. The latter’s struggle for growth and burgeoning debt also means it sees India as a crucial bilateral partner of the future.

Lower GST rates to help sustain demand in a fiscally responsible manner

2020-12-11T10:44:02+00:00November 3rd, 2020|In Focus: Covid-19 impact, India Inc Views - India Global Business|

India’s GST system is too complicated and has far too many slabs. A simpler regime with fewer, lower rates will improve compliance, lower prices, increase consumption demand and, most importantly, not cost the government an arm and a leg to implement.