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News

What is the trade, investment relationship between China and Russia?

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President Xi Jinping is welcomed by Russian President Vladimir Putin ahead of their meeting at the Kremlin. Photo: DPA President Xi Jinping’s ninth visit to Russia as Chinese leader, featuring a meeting with Russian counterpart Vladimir Putin, is expected to usher in greater economic cooperation between the countries after bilateral trade saw an annual rise of 29.3 […]

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FDI drying up

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Nothing is going in favor of the investment climate in the country. Foreign direct investment in the country is drying up fast. For 8MFY23, net FDI was not even $1 billion. The country attracted net FDI of $784 million, down by 40 percent year-on-year from $1.3 billion in 8MFY22. While outflows have been higher in

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Abu Dhabi Encourages Indian Start-Ups to Set Up Bases for Economic Diversification

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Abu Dhabi is actively seeking investment opportunities from India and is inviting Indian startups to establish hubs in its capital city to expand its business beyond hydrocarbons. This initiative is expected to not only benefit the local economy but also provide a platform for Indian companies to expand globally. The priority sectors for investment opportunities

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‘Strong IPR system required for economic growth’

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Emergence of issues and challenges, including in the macro economy, has caused a slump in market capitalisation to just over Rs7 trillion. Photo: file KARACHI: Karachi business leaders are advocating for a strong intellectual property rights (IPR) system in Pakistan, supported by technology, to harness the country’s resources and expand its wealth. President of the

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Steady going: North American cross-border M&A

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“Regardless of a tightening regulatory outlook, foreign acquirers sizing up North American assets are expected to maintain a strong appetite through 2023 and beyond.” The slowdown resulted from a number of factors, including steadily increasing interest rates, geopolitical tensions and supply chain disruptions. Soaring inflation and Russia’s invasion of Ukraine, arguably the two biggest factors

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After Mall of Srinagar, Kashmir to Get Its First International-Level Amusement Theme Park | Exclusive

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Srinagar had last year got its first multiplex, an INOX, and News18 had earlier reported about plans for a giant ferris wheel in Dal Lake. (Photo: Reuters File) The site is expected to be the prime location of 100 acres in Srinagar’s Tattoo Ground. References will be taken from Universal Orlando Resort, Universal Studio Singapore

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India will have more than 140 mn air passengers in FY 2024: Scindia

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Union Minister Jyotiraditya Scindia (PTI Photo) Union Minister of Civil Aviation and Steel Jyotiraditya M Scindia highlighted the various aspects of the development of the Indian aviation industry while addressing the CAPA India’s Aviation Summit 2023 on Monday. Addressing the event, Scindia said that there was a time when the airports were devoid of a single passenger and here,

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India encourages Japan to invest in defence sector

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Japan PM Fumio Kishida Meets PM Modi in Delhi Photo : PTI New Delhi: India has encouraged Japan to invest in the defence sector, foreign secretary Vinay Kwatra has said. During the discussions between Prime Minister Narendra Modi and his Japanese counterpart Fumio Kishida, the issues that came up included private sector investment and also, high levels of FDI. And it was also

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What does India Import

India’s Evolving Industrial Policy Is Critical for Realizing Its Development Vision

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Nagesh Kumar Nagesh Kumar is Director and Chief Executive of the Institute for Studies in Industrial Development (ISID), a publicly funded policy think tank based in New Delhi. Prior to taking up this role in May 2021, he served as Director at the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP),

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