Other Briefings
Gujarat’s Economy: India’s Growth Engine
The election in Gujarat will decide India’s economic future. By Siddharth Ramalingam Dec. 27 – Narendra Modi is not new to controversy. And neither is he fazed by aspersions on his secular credentials. He is seen as a strong, sometimes autocratic, leader who is not too worried about taking the fight to the opposition, be […]
India Looking to Expand Trade Opportunities with Vietnam
Dec. 18 – During a recent meeting with Vietnam Fatherland Front Chairman Huynh Dam, Indian President Pranab Mukherjee affirmed that New Delhi is ready to increase its trade ties with Hanoi. Based on mutual trust and a convergence of interests and views on global issues, Indo-Vietnam trade relations – including cooperation in the fields of […]
India’s Inflation at Lowest Levels in 10 Months
Dec. 17 – Indian inflation now appears to be waning as the country recorded its lowest inflation rate in 10 months in November – a revelation which surprised analysts and provided a welcome boon to an economy which has endured some tough moments in 2012. India’s measure of inflation, the Wholesale Price Index (WPI), rose […]
Strong Economic Outlook For India Heading into 2013
Dec. 11 – It was recently revealed that India’s GDP grew by only 5.3 percent between July and September compared to a year earlier. This marked the third consecutive quarter of growth below 6 percent, and raised concerns that India may be on track for its worst year in a decade. However, recent reports have […]
Retail Reform Policy Approved by Indian Parliament’s Lower House
By Daniel Fleishman Dec. 7 – MPs in India’s Lok Sabha (lower house) on Wednesday voted to approve a government decision allowing foreign supermarkets to expand into India. Considered one of the most momentous reforms in the last 20 years, this decision opens the door for FDI of up to 51 percent in India’s multi-brand […]
Subbaiah: Mahindra World City a New World Class FDI Destination in Jaipur
Within India’s dynamic business environment, the creation of new town centers requires not only sufficient road and rail networks, but should also include proper planning and policy making, the insertion of stakeholders, and the leveraging of available strengths. Mahindra World City in Jaipur is one such concept promoted by one of India’s biggest business houses – Mahindra Group.
India’s PMI Highest in Five Months
Dec. 4 – India’s Purchasing Managers Index (PMI) hit 53.7 in November, its highest level in five months, as factories reported a slew of new orders. The benchmark is used to ascertain consumer confidence – with figures above 50 representing growth, and below 50 indicating contraction.
India Approves IKEA’s Investment in Single-Brand Retail
Nov. 22 – India’s Foreign Investment Promotion Board (FIPB) approved IKEA’s US$1.9 billion investment plan on Tuesday in the largest ever instance of foreign direct investment into the country’s single-brand retail sector. “FIPB has approved the proposal of IKEA,” Arvind Mayaram, the county’s Economic Affairs Secretary told reporters after the meeting to consider FDI proposals […]
