Modi on a roll as he meets Donald Trump for the first time

Modi on a roll as he meets Donald Trump for the first timeNarendra Modi is on a roll. The Indian prime minister arrived in Washington last night for his first meeting with Donald Trump, which takes place on June 26. after lining up two politically significant and headline-catching political and economic successes in India. The country’s long overdue-national sales tax, a major economic reform, is coming into…

India’s Tax Gamble

India’s Tax GambleOn July 1, India will toss its labyrinthine tax regime out the window and replace it with a more streamlined nationwide Goods & Services Tax (GST) that is hailed by many as the country’s most pathbreaking tax reform and deplored by others who fear it will turn the economy down. The new system will eliminate…

Prosper or perish: Time for Sustainable Development

Prosper or perish: Time for Sustainable DevelopmentWith US President Donald Trump's walkout of the Paris Deal, the agreement that aims to keep planetary warming by 2030 below the 2°C rise ceiling, the debate about sustainable development has gained increased traction, with advocates directly contradicting the president and saying it could generate millions of jobs. In this new development model, the United…

Christie’s Trims South Asian Sails, Does Well in London

Christie’s Trims South Asian Sails, Does Well in LondonChristie’s yesterday scored at its annual early summer auction in London of South Asian modern art with sales totaling £5.9 million (US$7.66 million) with more than 90 percent of 69 lots finding buyers. That has helped rebuild Christie’s regional reputation after a poor auction result in Mumbai last December and a subsequent cost-cutting decision to stop holding the high profile annual…

India Shies Away from the OBOR Party

India Shies Away from the OBOR PartyChinese President Xi Jinping's highly-choreographed One Belt One Road Summit in Beijing last weekend, touted as China’s “grand coming out globalization party,” saw attendance from presidents, prime ministers and global leaders from 28 countries. However, one country was conspicuous by its absence from the megawatt show: India. The event was aimed to map out China's…

Return of the License Raj?

Return of the License Raj?Indian nationalists are attempting to push their country towards China-style mercantilism in hobbling US consumer giants Amazon and Uber from making inroads against local brands Flipkart and Ola, demanding that the government protect local companies against what they call predatory pricing.  The debate has been roiling corporate India ever since two of the country's leading…

Empire 2.0? India Yawns

Empire 2.0? India YawnsThree British cabinet ministers plus the governor of the Bank of England and two other government ministers trooped through India just before Easter in a seemingly desperate bid to drum up support from their largest former colony as Brexit looms – and before, following today’s announcement, they start campaigning for the UK’s June 8 general…

Trump’s Protectionism Rattles Indian Emigres

Trump’s Protectionism Rattles Indian EmigresBrijesh Patel, who has worked in California's Silicon Valley for 12 years, is contemplating relocating to his home town in Bangalore in south India. The 39-year-old computer engineer fears that the new US administration's proposed radical changes to immigration policies will unleash protectionist, anti-immigrant and anti-minority havoc in a country that more than 2 million…

Infosys and Tata Damaged by Boardroom Squabbles

Infosys and Tata Damaged by Boardroom SquabblesTwo of India’s most iconic and respected companies have been hit by damaging publicity caused when their previous chairmen objected to the way the businesses were being run by their successors. In both cases, the main accusations have been that the new managements were breaking established traditions and ethics. This has led to questions not…

Trouble in the Air

Trouble in the AirThis winter, the air quality in Delhi plummeted so low – with record levels of the tiniest and the deadliest particles that can enter the lungs and other organs – that even the National Capital Territory’s chief minister, Arvind Kejriwal, was forced to admit that the metropolis had turned into a “toxic gas chamber”. The city’s…
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