#October 2017, #More from this edition

After years of gradually creeping up the worldwide charts of higher education, India suffered a small setback in the latest ranking.

India’s performance in world university rankings has registered a decline, with its share of universities falling from 31 to 30 in the global 1,000 list topped by the University of Oxford and Cambridge, according to latest data released recently.

#August 2017, #Sector Focus/Hospitality

Indians spend an estimated $20 billion on their travels around the world, boosting local economies and creating jobs. A WTO study says this figure will rise to $60 billion by 2020, or about the same as the total FDI inflow into India last year.

Let us start with two simple quiz questions: Which Indian group has spent the largest sum of money in the US since the turn of the millennium? And ditto for Europe?

Okay, here’s are a few hints: it’s not the Tata Group, not the Aditya Vikram Birla Group and not even any overseas Indian-owned business like Arcelor Mittal.

#August 2017, #Other Highlights

An academic presents his take on the culture and ethics deficit in financial education in a new book.

There is huge demand for finance education globally – from the accounting, banking and finance professions to business schools, students continue to flock. However, the quality and supply of education is generally poor.

One of the worst aspects of this is the lack of culture and ethics in the content of the finance syllabus – it is primarily technical, and ignores the huge and real world importance of qualities like trust, relationships, sustainability and character in financial success. Even worse, there are strong cultural assumptions underlying modern finance theory, which are rarely exposed to debate. These assumptions are that everyone is selfish, everyone is greedy, and money is the most important measure of success and happiness. In a multi-cultural diverse world, finance education remains very mono-cultural, and significantly destructive of society and our ecosystem. The theories and the science teach unsustainability and promote short-termism.

#June 2017, #Sector Focus/Education

The love for foreign education among upwardly mobile Indians is not new, but with the economy prospering and domestic education not keeping pace with aspirations, it has turned into a near obsession.

Every year, more than 250,000 students venture out of India in search of better education in universities in the US, Europe, South East Asia and Australia. These numbers makes India the country with the highest student mobility in tertiary education after China. It should not necessarily come as a surprise. China and India are by far, the two most populous countries in the world. So the high numbers — over 800,000 Chinese students too try their luck in education outside their country every year — is a factor of demography.

#June 2017, #Sector Focus/Education

India is among the major success stories of the ‘BRICS and Emerging Economies University Rankings 2017’, with 27 institutions making the top 300.

The definitive rankings for the emerging economies, compiled annually by ‘Times Higher Education’, reflects India’s efforts to be counted as a viable education hub seem to be paying off.

China is the clear frontrunner with 52 universities in the ‘BRICS and Emerging Economies University Rankings 2017’ but India was credited with making significant strides.

#April 2017, #UK/Europe

As the number of Indian students coming to study at UK universities continues to register a drop, a new report reveals just what Britain stands to lose.

International students coming to study at UK universities are worth over 25 billion pounds to the British economy, found new research released today.

The latest analysis titled ‘The Economic Impact of International Students’, conducted for representative organisation Universities UK by Oxford Economics, shows that in 2014-15 spending by international students supported 206,600 jobs in university towns and cities across the UK.

#April 2017, #Commonwealth, #Special Edition – May 2017, #COMMONWEALTH

François-Philippe Champagne is Canada’s Minister for International Trade with over 20 years’ experience working for major companies worldwide. ‘India Global Business’ caught up with the minister soon after the inaugural Commonwealth Trade Ministers Meeting in London recently to explore the potential of India-Canada ties within a broader multilateral context.

What is the status of the Canada-India free trade agreement?

The negotiation of the Canada-India Comprehensive Economic Partnership Agreement (CEPA) began in November 2010. Nine rounds of negotiations have been held to date; the latest of which was in March 2015. And, last fall, my predecessor, Chrystia Freeland, met with her Indian counterpart, Nirmala Sitharaman, Minister of State for Commerce and Industry, during the 3rd Ministerial Dialogue on Trade and Investment in Toronto.

#India-EU, #India-UK, #2016, #October 2016, #Special Edition - November 2016

Indian universities have had the dubious distinction of lagging far behind on global rankings for decades. However, this year marked a significant shift, with a record 31 making the grade in the definitive ‘Times Higher Education World University Rankings’ for 2016. ‘India Global Business’ looks into what is behind India being branded the “star” of South Asia this year.

The Indian Parliament had recently passed the Institutes of Technology (Amendment) Bill 2016, which is hoped to mark…