Other Briefings
Introducing India’s New President: Pranab Mukherjee
By Ian Bhullar Jul. 26 – Pranab Mukherjee, until recently India’s sitting finance minister, has been elected president of India. Having garnered the requisite number of votes in an ongoing count on Sunday, he took office on Wednesday. Some media outlets have lauded Mukherjee as Asia’s and the world’s best finance minister, while others have […]
Tata Consultancy Services’ Strong Performance a Positive Sign for India’s IT Outsourcing Services
By Ian Bhullar Jul. 18 – The strong performance of Tata Consultancy Services (TCS) in the three months up to June, reported last week, are an indication of the continued potential of Indian IT outsourcing services in spite of adverse market conditions in the United States and Europe. TCS recorded a net profit of INR32.8 […]
European Liquor for the Indian Market
Jul. 17 – According to the latest figures from the Scotch Whiskey Association, there was an impressive 30 percent increase in the volume of Scotch whiskey exports to India in the year 2011, compared to 2010. The government of India has shown signs that it is willing to decrease duties from 150 percent to 40 […]
FDI Opportunities in India’s Infrastructure Development
Jul. 9 – The paramount indicator of a country’s economic status is measured by its GDP. India, the second-most populated country in the world with more than 1.1 billion people, has emerged as one of the fastest growing economies in recent years. It is a republic with a federal structure and well-developed self-governing judiciary with […]
Report: India Most Preferred Investment Destination after China and U.S.
Jul. 9 – According to the 2012 World Investment Report released by the United Nation’s Conference on Trade and Development (UNCTAD), of 179 major global companies surveyed, India is considered to be the third most-preferred investment destination after China and the United States. Foreign direct investment flows into India, after slowing down for two years […]
India to Offer Free Medicine to the Masses
By Ian Bhullar Jul. 6 – A new drug distribution program in India is likely to benefit the country’s poor, but may have unfortunate consequences for large pharmaceutical companies. Under the exciting new plan, authorities in India are planning to spend US$5.4 billion to provide the country’s population with free medicine, Reuters reported on Thursday. […]
Sliding Rupee Creates Opportunity for Foreign Investors in India
By Olaf Griese Jul. 2 – The rupee rose marginally by 6 paise to trade at INR55.55 against the U.S. dollar early on the Interbank Foreign Exchange today. Since February, the rupee has fallen INR17.6 against the dollar, but it now seems that (at least for the time being) the continuous appreciation of the Indian […]
Special Economic Zones in Delhi/NCR
Special economic zones (SEZs) are regions within countries where tax is reduced, bureaucratic regulation lowered, and incentives offered so that more companies are attracted to the area.
