In November of 2016 the Indian prime minister, Narendra Modi, announced that all 500 rupee and 1000-rupee bank notes would be cancelled immediately. The government said that this was to tackle ‘black money’, illegal, untaxed funds that were held largely… Read More ›
Lockheed Martin unveiled the F-21 fighter jet at an airshow in the southern Indian city of Bengaluru. On Wednesday, in a development that underscores an increase fostering of U.S.-India defense ties, Lockheed Martin has offered India a new combat jet… Read More ›
The government has raised the investment threshold to 250 million rupees, up from 100 million rupees, on which tax exemptions can be availed. In a strategic move, India eased tax pressures for a new genre of businesses and exempt them… Read More ›
In the event the EU does not pay up, Brazil is likely to impose additional tariffs on hike up existing ones, including the one on powdered milk. Following the imposition of import tariffs by the European Union on Brazil, the… Read More ›
Sri Lanka is struggling to repay its foreign debt which is at a record $5.9 billion. The current amount of $300 million can be expanded to $1 billion. On Tuesday, in a move that deepens China’s grip on the island… Read More ›
The ruling from India’s highest court assumes significance since India is the world’s No. 1 cotton producer. On Tuesday, India’s Supreme Court ruled in favor of Monsanto and allowed it to claim patents on its genetically modified cotton seeds, said… Read More ›
Emerging economies are expected to take longer to outpace the growth of developed economies, as per a forecast by Centre for Economics and Business Research. According to a report from the Centre for Economics and Business Research, the economic… Read More ›
Macro and micro economic conditions makes investment opportunities in India a lucrative option. In an interview published by the Economic Times on Friday, Blackstone’s chairman Stephen Schwarzman stated, given India’s current scenario, this is the best time to invest in… Read More ›
One of the more significant reasons why Trump’s tariffs will not translate into more U.S. jobs is that consumers are not willing to pay a premium for ‘Made in USA’ goods when goods of the same quality is available for… Read More ›
Among the bidders, Coca-Cola, Nestle and Unilever. Given Nestle’s position, and its considerable market presence in the malt-drink sector in India, its synergies matches well for GSK’s Horlick’s brand. According to 4 sources familiar with the matter at hand, Coca-Cola,… Read More ›
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