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Virus Outbreak Gives India Chance to Boost Share of Global Trade

As the coronavirus pandemic shakes up global supply chains, India is in a position to grow its exports market share with a little help from the government, according to Nirmal Bang Institutional Equities Pvt. India , which has for long struggled to grow its share in global exports from the current 2% level, can ramp To […]

How Modi’s budget failed India’s poorest and most vulnerable

All the women of Tongabad village hear are stories of despair. After all, in Amravati district, in the western Indian state of Maharashtra, they live in the constant shadow of death – each day, on average, three farmers kill themselves amid failing crops, poor rainfall and very low pay leading to insurmountable debts… To Read More: https://www.scmp.com/week-asia/economics/article/3049593/how-modis-budget-failed-indias-poorest-and-most-vulnerable (2)

India bets big on quantum technology

Quantum technology has been given a massive boost in India’s latest budget, receiving 80 billion rupees (US$1.12 billion) over five years as part of a new national quantum mission. India’s considerable investment in the field places it alongside the United States, Europe and Russia. In December 2018… To read more: https://www.nature.com/articles/d41586-020-00288-x (2)

India’s economy slumps as growth hits slowest pace in a decade

Faced with faltering economic growth, India‘s government has unveiled measures aimed at getting millions of Indians to spend and spurring companies to invest. The task at hand is urgent: India was the world’s fastest-growing major economy as recently as last year….. To read more: https://www.independent.co.uk/news/world/asia/india-economy-modi-budget-china-delhi-mumbai-goldman-sachs-a9313661.html SOURCE: INDEPENDENT UK (1)

India’s Modi Faces New Challenge: A Slowing Economy

Since a landslide victory last year, Indian Prime Minister Narendra Modi has pushed through a series of controversial social initiatives that have drawn cheers from supporters but been criticized as part of a divisive Hindu nationalist agenda. Now, the country’s suddenly flagging economy, which not long ago was the engine driving India’s emergence on the […]

Protests and a weakening economy spell a rocky road ahead for India’s Narendra Modi

Eight months ago, Narendra Modi was being hailed as India’s most popular leader in decades. His incumbent Hindu nationalist Bharatiya Janata Party (BJP) won a general election by a landslide in May, increasing its share of the vote on its impressive 2014 win. To read more: https://edition.cnn.com/2020/01/16/asia/modi-protests-india-analysis-intl-hnk/index.html (1)

Amazon partners with India’s second largest retailer to sell its goods online

Amazon  is deepening its relationship with India’s second largest retail chain, Future Retail, as the e-commerce giant widens its footprint in one of its key overseas markets. The two said on Monday that they have entered into a long-term business agreement to expand the reach of Future Retail’s stores through Amazon India marketplace. Future Retail operates […]

Legacy of India’s legendary dealmaker under threat

For more than 150 years, the Tata Group has been synonymous with India’s nation-building project, venturing into everything from autos to airlines when its country needed them. And no executive better personified the country’s emergence on the world stage than Ratan Tata, whose string of dazzling takeovers took a largely domestic firm global. Now at […]

Toxic air and gridlock: India’s tech cities are choking on their success

Like thousands of others, Megha Mathur movedto the Indian city of Gurgaon for acoveted job in tech. She soon realized she wouldn’t be able to live there very long. The pollution was so bad she had to check an air quality app on her phone several times a day to see whether it was safe […]

India’s slowing economy takes deadly turn, but Modi’s in denial

When Vodafone Chief executive Nick Read told reporters in London this month the company might have to shut up shop in India, the response from New Delhi was swift and unequivocal. Almost as soon as Read had finished his press conference – in which he alluded to two lawsuits that have left the company owing US$55 million […]

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