With the International Solar Alliance, India has taken the lead in the global war against climate change, a fight it is leading by example.
New Delhi recently unveiled new development initiatives for Afghanistan worth $80 million, as it called for an immediate and comprehensive ceasefire in the war-torn country.
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.
A new industry-led report from the UK has found that British firms continued to invest around £140 million in India despite trade disruptions caused by Covid-19 between the months of April to June 2020.
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.
PMI growth of nearly 60% is not only a decade-high record but also reflects how fast the manufacturing sector is recovering lost ground.
Commitment to rules-based order has helped New Delhi and Paris forge a shared approach through new cooperation mechanisms.
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.
Mexico offers the discerning investor access to several bustling markets including a vibrant domestic market with a rising middle class.