Other Briefings
2011-2012’s Sharp Rise in FDI and a Forecast for the Near Future
May 25 – Despite the Indian government’s somewhat closed FDI policies, the 2011-2012 financial year brought in US$46.84 billion in FDI – a sharp 34.4 percent increase from the US$34.84 billion seen in 2010-2011. However, this financial year looks less promising as there has been more negative news and less capital to go around. “The […]
Report: India GDP Growth Expected at 6% in Q2
May 24 – Economic growth in India is expected to be around 6 percent in the second quarter according to a research report by Standard Chartered Bank. “We expect growth to have slowed to 6 percent in Q2 from 6.1 percent in the previous quarter, thwarting initial market expectations of an improvement to 6.5 percent […]
India’s Medical Technology Industry
May 10 – There are many definitions of what is known as ”medical technology.” Officially, it is known as healthcare products (devices, equipments as well as consumables/ supplies) that are meant by its producer to be used particularly for investigative and/or therapeutic purposes. There can be no superior illustration than India to demonstrate the requirement […]
India Sees Exports, Trade Deficit Grow in FY2011-12
Apr. 24 – While exports surpassed the Indian government’s target of US$300 billion for the 2011-2012 fiscal year, a surge in imports has led to the country’s largest ever trade deficit. In the 2011-2012 fiscal, exports soared by 21 percent to US$303.7 billion, compared to US$251.1 billion over the same period a year earlier. However, […]
Update: March 2012 Outward FDI by Indian Companies
Apr. 12 – According to data released by the Reserve Bank of India, Indian companies’ foreign direct investments rose 38 percent month-on-month in March, with bank guarantees continuing to be the biggest contributor. Indian organizations continue to invest aggressively in foreign destinations to explore new markets and also increase their global footprint while taking advantage […]
India to Introduce 49% Foreign Cap in Aviation Sector
Apr. 12 – The authorization to permit overseas airline companies to invest in Indian carriers is expected to come with an all-inclusive 49 percent ceiling for foreign investments, as the government does not want India’s airlines to be majority foreign owned. The present policy only stipulates up to 49 percent FDI in scheduled carriers, but […]
India Salary Increases to Average 11% this Year
The Indian HR company Ma Foi Randstad has released its annual Salary Survey Guide, and indicated that salary levels across India are expected to increase an average 11.2 percent for 2012, slightly less than last year’s rate.
India Decreases Interest Rate for Employees’ Provident Fund
Mar. 16 – Before the Union Budget 2012-13, the Finance Minister of India made the decision to decrease the rate of interest on deposits in the Employees’ Provident Fund to 8.25 percent for 2011-12. This move represents the largest rate cut in over a decade and would be 1.25 percent lower than the 9.5 percent […]
