Other Briefings
India to Push for Development of Solar Power Industry
Nov. 20 – India is taking a more aggressive stance in developing its solar-power industry by offering more subsidies for the production of renewable energy. The Ministry of New and Renewable Energy is scheduled to release a solar-power policy soon with details that will allow more solar projects to receive government funding. Ministry director, B. […]
New Issue of India Briefing: Investing in India’s Public-Private Partnerships
Nov. 19 – The new issue of India Briefing Magazine is online and can be downloaded by subscribers for free. (To apply for a complimentary subscription, please click here). In this issue of India Briefing we examine India’s public-private partnerships. The Indian economy demands massive investment in infrastructure to sustain the country’s growth. To accomplish […]
India to Consider Importing Rice from Thailand,Vietnam
Nov. 19 – India is considering importing rice from Thailand and Vietnam to supplement the low kharif crop despite currently having surplus grains. This will be the first time in two decades that India will need to import rice to meet its own needs. The kharif rice crop is forecast to be low this year […]
Eleven Percent Tax Rate Suggested for Software and BPO Services
Nov. 18 – Accounting consultancy firm, Deloitte has suggested in a white paper that overseas software and BPO services companies should be allowed to pay tax on a presumed rate of profit on inter-company transactions. Deloitte advises an 11 to 13 percent rate over costs for both software and BPO services. If adopted, the introduction […]
Enam: India a US$2 Trillion Economy in Five Years
Nov. 17 – According to an Enam Securities report India’s GDP is “likely to grow at (an) average 12 percent in nominal terms. Hence, India will be a US$2-trillion economy by 2014-15.” The research report called “India Strategy,” led by research head, Nandan Chakraborty, and economist Sachchidanand Shukla said that India’s growth will be led […]
India is Top Source of International Students to the United States
Nov. 17 – India has maintained its position as the top source of international students to America for the eighth consecutive year, with a record 103,260 students enrolled in various U.S. universities for the year 2008-09. According to the Open Doors report, released today by the Institute of International Education (IIE) with support from the […]
Reserve Bank of India Bullish on Corporate Profits
Nov. 17 – The professional forecasters’ survey of the Reserve Bank of India is positive about the corporate sector’s profitability in the current financial year. In the bank’s latest survey, the profit growth of the corporate sector for 2009-10 has been set higher at 10 percent from 7.5 percent from a previous survey. The survey […]
Obama Seeks Nuclear Assurances from India on Asian Trip
Nov. 16 – U.S. President Barack Obama, visiting Asia for the first time in his presidency, has sought “assurances” from India on nuclear non-proliferation to take forward Indo-U.S. civilian nuclear trade. The Indian “assurance” is now being considered as a “proximate obstacle” to Indo-U.S. civilian nuclear trade as Americans in knowledge of the talks on […]
