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An Update on
India-China Free Trade Agreement
March
2008
China is an important
trading partner for India. It is the third largest
destination of Indian goods and the biggest source
for imports. Whether India should have a FTA with
China has undergone much "wringing of hands".
Now India’s Commerce
Ministry has recommended against signing a free
trade agreement (FTA) with China until it becomes a
market economy (according to WTO commitments, it may
not happen until 2015) that follows transparent
pricing of manufactured goods and services.
Read more
...
An Update on
Special Economic Zones
February
2008
The Special Economic
Zone (SEZ) has come under fire from local citizens
and poor farmers in India. The methodology used to
acquire land is being scrutinized and SEZ policy is
being revised. An article on the CFOAsia.com website
describes the debate in India and provides an
update. For the readers convenience, an
excerpt is provided here.
Read more ...
Impact on Dollar
Depreciation on Indo-US Trade
December 2007
Recently (Ms.) Kumkum Dalal was asked, "What
changes have you seen since the dollar's decline?
Has the decline helped imports from India? Hurt
exports? How are US buyers reacting? How are Indian
Vendors reacting?"
This question is very
significant as India's economy is frequently
compared with China's. It is important to understand
what it means for the dollar to depreciate against a
market economy (India) versus one where the exchange
rate is controlled by government mandate (China).
Read
more ...
Rising Powers ,
The Indian Way - India, China, USA
September 2007
From
time to time our audience ask what the
India, China and USA dynamics are as India and China
become economic powers. Here is an interview Fareed
Zakaria, host of Foreign Exchange on PBS, had with
Ashley Tellis (advisor to the US State
Department) describing the Indian point of view.
Fareed Zakaria:
India is a mature democracy and an emerging economic
power. It lies next door to China, a fast-growing
dictatorship. Does this make India a natural ally of
the United States? Sharing his insights on this
important quarter of the world is our guest, Ashley
Tellis, a Senior Associate at the Carnegie Endowment
for International Peace.
Read more ...
Japan and India to announce
partnerships and
new business initiatives
August 2007
NEW
DELHI: India and Japan, scrambling
to build closer economic ties as China's
might grows, are expected to announce a
spate of partnerships and new business
initiatives as Prime Minister Shinzo Abe of
Japan visits India this week.
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more ...
Latin
America attracting investors from India
June 2007
Indian companies are starting to invest in Latin
America,
though still relatively small, but is growing
quickly. Indian firms have invested about $7 billion
in the region over the past decade. That number is
expected to double over the next 5 years, says the
head of Latin American division of India's External
Affairs Ministry.
Read
more ...
IT Outsourcing
February 2007
The
Bottom Line of Offshore Development
The
political debate of whether to outsource software
development to offshore firms will likely continue
for some time — and may never be settled — but the
question of whether it makes economic sense seems
pretty clear, based on research from the Software &
Information Industry Association (SIIA).
Read
more ... |
