Other Briefings
FDI in India’s Tourism Industry
By Ankit Shrivastava, Dezan Shira & Associates Introduction Feb. 14 – The Indian tourism industry is interwoven with the country’s monetary development. As GDP continues to mature, it increases deals in fundamental infrastructure like transportation systems, which is necessary to support the tourism industry. The hotel industry is directly connected to the tourism industry in […]
The Impact of FDI on India’s Manufacturing Sector
Foreign direct investment (FDI) has risen considerably in post-reform India. The work and category of FDI has changed significantly since India has opened up to world markets. This has fueled high prospect that FDI may serve up as a channel to advanced economic growth. However, it turns out that the development effects of FDI differ extensively across sectors.
Foreign Investment in India’s Rising BPO Sector
Op-Ed Commentary: Ankit Shrivastava, Dezan Shira & Associates Feb. 11 – India developed as a target destination for outsourcing in the information technology (IT) services in the 1990’s, but India’s information technology-enabled services (ITES) and business process outsourcing (BPO) industry has grown rapidly in comparison to IT in the last decade. The Indian BPO division […]
20 Point Agenda to Prevent Corruption
Feb. 9 – Prime Minister Manmohan Singh is set to sketch an inclusive program to add precision and morals to the vital part of authority at all levels of government. Singh desires efficient steps to crack down on corruption occurring between politicians and bureaucrats. Earlier, the Union Law Minister also raised the issue of fighting […]
RBI Asks Banks to Stop Accepting 25 Paise Coins
Feb. 2 – The Reserve Bank of India has asked state banks and private lenders to stop accepting 25 paise coins after June 30, 2011. Inflation has reduced the monetary value of the paise to an extent that the bank decided that it is no longer useful to have a 25 paise coin function as […]
Tata Motors to Export the Nano to Asian Neighbors
Tata Motors plans to export the world’s cheapest car—at a wallet-thanking US$3,000—to countries such as Thailand, Sri Lanka and Bangladesh this year as the small vehicle’s popularity begins to rebound in the domestic Indian market.
Pretty Much as You Were in Cabinet Reshuffle
Jan. 25 – Some changes in portfolios, but nobody was dropped in India’s latest Cabinet reshuffle. After much speculation about whether there would be drastic changes, what Prime Minister Manmohan Singh seems to have implemented is a game of musical chairs. While some had speculated that the prime minister would use the shake-up to return […]
India’s Export Volume Reaches New High in December
Jan. 10 – India may be able to reduce its trade deficit this year following an optimistic performance of the country’s exports in December. India’s exports reported an annual increase of 36.4 percent last month, reaching a new 33-month high. The country exported US$22.5 billion worth of goods in December, while the monthly imports decreased […]
