Economy & Trade

India Promotes Domestic Industrial Parks for Chinese Investors

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Oct. 25 – In light of India’s growing trade deficit with China, Indian Prime Minister Manmohan Singh not only welcomed Chinese investment into his country but also promoted the idea of creating Chinese industrial parks during a speech given to Chinese media and business representatives earlier this week. “We are happy that more Chinese firms […]

Survey: Bangalore on the Rise

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In a recent survey conducted by the Global Initiative for Restructuring Environment and Management (GIREM) and real estate consultancy firm DTZ, Bangalore has been ranked as India’s top business destination in terms of infrastructure, human capital, city culture and basic quality of living.

China-India Border Deal Opens the Way to More Trade

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Bangladesh-Myanmar-India-China Economic Region Suggested Oct. 24 – The meetings yesterday between Indian Prime Minister Dr. Manmohan Singh and Chinese Premier Li Keqiang was a mixture of détente over border issues, some cultural cross-referencing, and the laying down of a platform for increased trade opportunities. In what turned out to become a remarkably cordial and informal […]

India Further Deepens Trade and Investment with Russia

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Oct. 23 – Indian Prime Minister Manmohan Singh and Russian President Vladimir Putin met in Moscow this week for the 14th India-Russia Annual Summit, which focused on deepening India’s strategic partnership with Russia to enhance trade, investment and global stability. “Despite the fragile global economic environment, our bilateral trade grew by nearly 25% last year […]

Dezan Shira & Associates Webinar – Payroll in India

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Oct. 23 – Dezan Shira & Associates’ professional personnel speak at numerous events, host regular podcasts, and are often interviewed by global media concerning developments in India. All of this is then captured and placed on the multimedia section of our website. Please see below an example of the downloadable multimedia available to our readers. […]

India to Privatize Six Major Airports

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Oct. 22 – India’s Civil Aviation Ministry is hopeful that it will be able to privatize major airports in Chennai, Kolkata, Ahmedabad, Jaipur, Lucknow and Guwahati within a tight timeframe before the 2014 general elections. Originally developed by the Airports Authority of India (AAI), the Ministry will be handing over the airports in the next […]

World Bank: India’s Growth Potential Remains High

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Oct. 18 – Despite its recent economic concerns, India is expected to see gradual growth over the coming years, according to a report released this month by the World Bank. In its semi-annual India Development Update, the World Bank said “the country’s growth potential remains high,” citing improved agricultural and export prospects, which are expected […]

Despite Default Risk, India Builds Economic Ties with U.S.

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Oct. 14 – India’s Finance Minister P. Chidambaram and the U.S. Secretary of Treasury Jack Lew met this week during the fourth-annual India-U.S. Economic and Financial Partnership meeting to discuss policy reforms designed to increase bilateral economic growth between the two nations. During the talks, both delegations stressed the need to redouble their efforts on […]

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