Trump imposed 20% tariffs on all Chinese goods in January, accusing Beijing of not doing enough to stem the flow of fentanyl into the United States, straining relations between both.
Every time Commerce Minister Piyush Goyal speaks, you would think India is the world’s preeminent export hub. In reality, our share of global merchandise exports is under 3% and shrinking.
Foreign institutional investors saw record net outflows of Rs 1.14 lakh crore in October. Yet domestic investors pumped in nearly that amount, preventing a further fall in the stock market.
As percentage of GDP, gross & net FDI are lowest since mid-2000s. ‘Rigidities’ in doing business here, and India’s decision to terminate bilateral treaties are to blame, analysts say.
Under lens for alleged FDI violations, BBC announced Wednesday it will restructure its India ops to comply with foreign investment rules. The new entity set up is called Collective Newsroom.
These are not “normal times”. As countries focus on decoupling from China, and de-risking their supply chains, India should present itself as a new market for investors.
A report by Ernst & Young in June said it expects multinationals to set up 'global capability centres' for all types of industries in tier-2 cities such as Jaipur, Vadodara, Kochi.
UN Conference on Trade and Development report also found that Indian companies were increasingly investing in new projects abroad, with such outward investment tripling in 2022.
In the first eight months of the current fiscal year, New Delhi’s net tax intake didn’t even hit the halfway mark of what it expects to collect by March 31.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
Why so. These are the nuts and bolts of governance. To be taken for granted, as the country pursues a more ambitious development agenda.