New Indian Government Announces Economic Reforms to Induce Growth
Yesterday, India’s Minister of Finance, Arun Jaitley, announced the newly elected government’s general plans for addressing stagnant economic growth and mounting inflation.
Growing Opportunities for U.S.-India Trade and Investment
Dezan Shira & Associates’ India Country Manager, Gunjan Sinha, visited Florida for the first stop on her U.S. tour, moderating an expert panel on U.S.-India business and trade relations.
New Indian Government Promises More Stable Tax Regime for Attracting FDI
Ravi Prasad, India’s new Minister for Telecommunications, Law and Information Technology, has promised to foster a stable and transparent economic climate for foreign investors – hinting that controversial retroactive tax policies would soon be abandoned.
Will Modi Normalize India’s Trade Relationship with Pakistan?
After an unprecedented meeting between Indian Prime Minister Narendra Modi and his Pakistani counterpart Nawaz Sharif last week, investors are hopeful the normalization of economic and diplomatic ties between the two countries may be on the horizon.
Narendra Modi’s New Cabinet
Narendra Modi has been sworn into office alongside his new cabinet. Here, we explore several key cabinet members and their economic track records.
Singapore Overtakes Mauritius as Top Source of FDI into India as GAAR Looms
Singapore overtook Mauritius last year as the leading source of FDI into India, highlighting concerns among foreign investors that India’s General Anti-Avoidance Rules (GAAR) may impact the benefits of routing funds through through Mauritius.
Indian Companies Refocus Investment Domestically
Further signaling renewed faith in India’s economic prowess, overseas direct investment by Indian companies fell in recent months, accompanied by a refocusing of resources and capital on domestic operations.
Narendra Modi and the BJP Win Landslide Victory
The landslide victory for pro-business leader Narendra Modi and the Bharatiya Janata Party in India’s national elections has left foreign investors optimistic about India’s economic prospects and triggered a record-breaking weekend for the country’s stock market.