As Joe Biden and Kamala Harris get set to take over as the President and Vice-President of the United States, what does this new administration mean for India, especially on the economic front? Economic ties are expected to be smooth and the US approach towards India is poised to be favourable. Biden has been known …
Indian Prime Minister Narendra Modi addressed a video conference between India and Luxembourg – a first summit held between the two countries in two decades. He pitched for forging stronger economic tries, emphasised building bi-lateral cooperation in finance and digital technologies. Luxembourg is an important financial partner of India A global hotspot for international trade …
The government has recently made it mandatory for all investments from India’s neighbours would need its approval before such plans, signalling a major shift in its foreign direct investment policy (FDI). The new rules for foreign investment in India applies to its neighbours, ie, countries that India shares borders with, including China, Pakistan, Bhutan, Nepal, …
As COVID-19 continues to rage through economies, global plastic market has considered its cues in projecting future growth of the industry. In a recent report published, growth rate on global commodity plastic market is projected until 2027. Overall positive growth rate is predicted in the report and is said to have taken into account the …
A key highlight of the dollar has been its waning strength over the last few months. A variety of factors have been attributed to it like a reversal of the Trump Trade, cautious hawkishness from the Fed etc. But above all, it is also an indication that other economies are actually showing signs of strength. …
What is common between Omarosa Manigault Newman, Steve Bannon, Rex Tillerson and Gary Cohn? If you are still groping for an answer; all of them were close aides of Donald Trump but had either resigned or were asked to leave in the last 6 months. Normally, exits from the hallowed portals of White House are …
The Trump government has been getting tough on the H1-B Visa regime ever since he assumed power in late January. Firstly, Trump put the issuance of emergency H1-B visas on hold for a period of 6 months. These were special cases where visas could be obtained within a month by paying a higher fee. Indian …
To understand the end of the end of the Trump Rally, one needs to first understand what the Trump rally was all about. When Trump was voted to power in November 2016, it raised hopes that Trump would live up to his promises of cutting individual and corporate taxes as well as investing $1 trillion …
The recent India Development Report (IDR) update released by the World Bank has identified some key economic, financial and environmental parameters that could position India in a sweet spot with respect to growth. In fact, the World Bank has expressed surprise that the Indian economy had recovered quickly from the liquidity effects of demonetization. On …
Recently the global market capitalization of all listed stocks across the world touched a high of $72 trillion. Interestingly, the world market cap had touched a high of $67 trillion way back in 2007 at the peak of the global equity boom. When the sub-prime crisis struck and later Lehman went bust the global contagion …
