MoU with U.S. Set to Boost Investment in India’s Infrastructure
India and the U.S. have signed a Memorandum of Understanding (MoU) that will see increased U.S. industry participation in Indian infrastructure projects. Since 2001, two-way trade between the U.S. and India has increased fivefold to nearly US $100 billion.
Mauritius Overtakes Singapore as India’s Top Source of FDI
During the April-September period, Mauritius overtook Singapore and emerged as India’s strongest contributor of FDI with a total of $4.19 billion. Both Mauritius and Singapore have DTAAs with India, which makes them popular choices to funnel investment.
An Introduction to Sourcing from India, Part 2: Exporting from India
Choosing where to source from can be a stress-inducing process. In this second excerpt from an article in our latest India Briefing magazine, we take a close look at India’s export industry and discuss why the country is becoming an increasingly popular and efficient destination for companies to source from.
India Deepens Bilateral Cooperation with Israel
India’s relationship with Israel has once again been thrust into the spotlight. After a series of official meetings over the last two months, bilateral ties between the two nations are expected to develop further in the near future.
Balancing Climate Change and Economic Growth in India
On November 2nd, the International Panel on Climate Change (IPCC) released a report to the United Nations indicating that India is one of the most vulnerable countries to the effects of climate change. In this article, we discuss how Narendra Modi can balance climate change reform with the country’s economic targets.
India Challenges China with Border Road
Old tensions resurfaced between India and China when the Indian government unveiled plans to build a mountain road along the disputed Himalayan border earlier this month. Chinese authorities have express concern over the move, but India has more leverage than ever before.
Trade Talks with Finland to Enhance India’s Renewable Energies Sector
India and Finland are set to sign a number of agreements this week in order to boost cooperation in several key industries. Finland’s status as a knowledge-based, clean technology economy is understood to be the main motivator behind the slew of deals, with India keen to reduce its carbon emissions.
Ministry of Finance to Implement New Monetary Policy by New Year
India’s Ministry of Finance has announced a new monetary policy framework to be put in place by the New Year. With details expected by December, the plans represent another attempt by India’s Finance Minister Arun Jaitley to reign in the Reserve Bank of India’s (RBI) control over the country’s monetary policy.