Other Briefings
UK to Strengthen Economic Ties with India
Britain’s finance minister and foreign secretary are in India this week seeking to strengthen economic ties between the two countries and enhance bilateral cooperation in defense and infrastructure development.
India and China Sign Development Agreement on Industrial Parks
China and India have signed an MoU to promote investment into India’s industrial parks, as well as two additional agreements for mutual cooperation.
India and Pakistan Move to Liberalize Trade Ties
India’s Minister for Commerce and Industry will reportedly discuss a new roadmap for trade liberalization with the Pakistani Federal Minister for Commerce next month.
Modi: Charting a New Foreign Policy Course
Narendra Modi’s first month in office has seen him deftly handle India’s neighbours, accept an invitation to visit Washington, enhance relations with Bhutan and accord due importance to China. In the same manner, Modi will also have to move quickly and firmly to reassure foreign investors of the dependability of India’s fiscal environment.
Modi Steps Up Efforts to Reduce Poverty, Stimulate Rural Development
In a major overhaul of its guaranteed employment scheme, India’s Ministry of Rural Development is pushing to make it mandatory for states to spend 60 percent or more of Mahatma Gandhi National Rural Employment Guarantee Act funds on the creation of agricultural infrastructure.
Reserve Bank of India to Offer Differentiated Banking Licenses
Last Saturday, Deputy Governor of the Reserve Bank of India R. Ghandi announced that the central bank would release guidelines for differentiated banking licenses.
Promising Road Ahead for Indian Auto Industry
An increase in the number of car sales in India has prompted car manufacturers to line up new launches and raised hopes of a long-awaited turnaround for the industry.
Countries Rush to Fast-Track FTAs with India after Elections
As pro-business leader Narendra Modi settles into office, the European Union, Israel, Canada and Peru, among others, are rushing to expedite free trade agreement negotiations with India’s new government.
