Hela

Hela February 12, 2019

India is now the world’s fastest growing major economy. This is worth celebrating although there is a long road to catch up. In nominal terms, the US economy is still seven times as large as India’s. China’s GDP was 140% larger than India’s in 1998. Twenty years later, its faster growth rates have ensured that […]

Hela February 12, 2019

Facebook says it is investing $300 million over the next three years in local news programmes, partnerships and other initiatives. The money will go toward reporting grants for local newsrooms, expanding Facebook’s programme to help local newsrooms with subscription business models and investing in nonprofits aimed at supporting local news. The move comes at a […]

Hela February 12, 2019

CM Yogi Adityanath (PTI) Chief minister Yogi Adityanath said on Monday the Supreme Court should respect the faith of the people on the Ram Janambhoomi issue. Replying to the debate on motion of thanks on Governor address, Adityanath said earlier the Allahabad High Court had resolved the dispute stating that the spot where Ram Lala temple […]

Hela February 12, 2019

Two notable Americans faced firestorms of criticism last week: A governor whose medical school yearbook page showed a racist image and a billionaire whose infidelity was exposed by a tabloid. The politician — Virginia governor Ralph Northam — handled the PR crisis in the worst way possible by deflecting and denying, which led to calls […]

Hela February 12, 2019

Kuwait Investment Authority (KIA), one of the five largest sovereign wealth funds of the world, is keen to triple its investments of $5 billion in India by entering areas such as infrastructure, airports and highways, people familiar with developments said on Tuesday. The Kuwait government has also proposed to India the possibility of joint investments […]

Hela February 12, 2019

India and the United States are squaring up for an exchange of blows on trade issues as space for a negotiated agreement is running out. The United States Trade Representative’s Office (USTR) has run out of patience over a two-year dispute on medical device price controls, not least because New Delhi suddenly walked away from […]

Hela February 12, 2019

India’s long-pending e-commerce policy is stuck because the enabling personal data protection law is yet to be cleared by the cabinet and the government neither wants to upset foreign investors nor alienate the country’s 70 million domestic traders, a key constituency of the ruling Bharatiya Janata Party (BJP). Changes in foreign direct investment policy for […]

Hela February 12, 2019

Japan’s shut, most other Asian equity markets aren’t doing much, and you can read about the big exception — China — here. So we’re going to use this opportunity to talk about India, where an unpredictable election looms. Even before the ballot takes place, a host of worries is raising questions about whether the country’s […]