Home Tags Foreign investment
Topic: foreign investment
While India's forex reserves and investments have increased, PM Modi's Atmanirbhar Bharat is harking back to a protectionist past.
The announcement comes a day after PM Morrison signed a crucial defence agreement with India and upgraded ties, as both nations navigate fraught relations with China.
In an exclusive interview to ThePrint, Nisha Biswal, president of US-India Business Council, says India's policy structure is 'volatile' though the country has stable governance.
India has reached out to more than 1,000 companies in the US to offer incentives for manufacturers seeking to move out of China.
India's fascination with the 'Ease of Doing Business' rankings hasn't served it well. Vietnam ranked below India but has attracted more foreign investment.
Global funds are seeking safety of dollar while fleeing stocks, bonds & other currencies, emulating pattern that was hallmark of 2008 global financial crisis.
Indicators have already pointed towards a potential recovery, with the Markit India Services PMI index climbing in January to the highest level in seven years.
In an interview to ThePrint, former Niti Aayog vice-chairman Arvind Panagariya also raises questions on the rhetoric to replace imports with domestic commodities.
The best path to energy security for India and China is to encourage their own renewable energy and electrified transport industries.
When Modi meets energy company CEOs in Houston Saturday, he’s expected to tout the low rates which are about the same as in Singapore.