India’s crackdown on cash imperils pivotal tax reform GST
Economic Times, December 22, 2016
Prime Minister Narendra Modi’s crackdown on the cash economy has shattered the consensus needed for a new national sales tax, GST, plunging his boldest reform into limbo and threatening to entrench an economic slowdown. More…
After Saarc, India boycotts Pakistan again
Economic Times, December 21, 2016
India, along with Bangladesh and Iran, has pulled out of a key regional conference on sustainable development which is being held in Pakistan, according to a media report. More…
Indian economy surpasses that of United Kingdom, for the first time in 150 years; becomes fifth largest GDP in world
News Nation, December 21, 2016
The gap in economic growth is likely to widen as Indian economy is growing at 6-8% per year. UK’s economic growth is expected at 1-2% per year until 2020. More…
India is now a good investment destination: PM Narendra Modi
Economic Times, December 14, 2016
Prime Minister Narendra Modi on Wednesday invited Asian corporates to invest in India saying it is an opportune time for business to invest in the country. More…
Circular Economy Framework Could Give India a Competitive Advantage
Sustainable Brands, December 05, 2016
A new report has found that adopting circular economic principles would put India on a path to positive regenerative and value-creating development with annual benefits of US $624 billion in 2050 compared with the current development — equivalent to 30% of India’s current GDP. More…
India’s economy projected to grow 7.6% in 2017: UN report
Hindustan Times, December 02, 2016
India’s economy is projected to grow at 7.6% in 2017 as investment regains momentum and manufacturing base strengthens on the back of structural reforms in the country, a UN study said, crediting India and China for steady growth of the Asia-Pacific region. More…
UN points out regressive trade policies and higher costs in India
‘Make in India’ initiative adds to FDI hopes
MIG, December 01, 2016
While the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) finds trade costs in India higher than the best-performing economies in the region, the ‘Make in India’ initiative is expected to ease foreign investment regulations. More…