#2017, #October 2017, #COUNTRY FOCUS/Australia

India and Australia have great historical and cultural linkages but that is yet to translate into bilateral trade and investment.

It is an anecdote that Matt Staff, a former senior executive at mining behemoth Rio Tinto’s operations at Pilbara region of Western Australia and now a part time tour guide in Perth is only too happy to narrate to his occasional Indian guests. Staff’s familiarity with the region and his inherent cheerful disposition would mean he would often be called upon to double up as a guide to high profile visitors while at Rio Tinto. This one time back in 2004, he was told months in advance of a particular guest he would need to take around the company’s operations around Perth. There was only one instruction — to be courteous to a fault and to do all it takes to make the guest comfortable.

#June 2017, #Last Word

The Indian PM’s visit to Washington will be crucial to determine how much the US President is in a mood to listen.

The Indian political leadership has, since Independence, rooted for a multi-polar world. Now, with Donald Trump’s US voluntarily pulling back from its role as world’s peace keeper of last resort, India is close to being granted its 70-year-old wish.

#June 2017, #Emerging Markets

Prime Minister Narendra Modi’s policy of renewing and redefining India’s millennia-old civilisational bonds with the Middle East are bearing concrete fruit in the form of strategic alliances and investments in India’s infrastructure sector.

Mention the Middle East to an Indian and he will immediately associate it with oil, deserts, Dubai and, very possibly, a non-resident relative stationed there. None of the above provides a misleading picture of the region; equally, none of them paints the complete picture either.

#June 2017, #Emerging Markets

India has historically had close economic ties with the Arabian Peninsula, especially the Gulf region along its eastern shores, writes a banking expert.

The first historically recorded maritime trade route in the world was, in fact, between the Indus Valley civilisation and the civilisation of Dilmun, which was located on the island of Bahrain and the adjacent shore of Saudi Arabia. Goods, including cotton and spices, were acquired by merchants from Dilmun.

#Special Edition – May 2017, #Last Word

A US Federal Reserve report forecasts that the Goods and Services Tax (GST) has the potential to hike India’s GDP by nearly $100 billion.

The US Federal Reserve has confirmed what many people, including Prime Minister Narendra Modi and Finance Minister Arun Jaitley, have been saying for a long time.

Countering nay-sayers, they have maintained that the Goods & Services Tax (GST), which will come into force from July 1 this year, will push India into a higher growth trajectory and improve India’s GDP growth rate to 8 per cent and beyond.

Now, an International Financial Discussion Paper (IFDP) at the US Federal Reserve (FED) has calculated that the rollout of GST could increase India’s GDP by Rs 6.5 lakh crore ($100 billion) or 4.2 per cent. It did not mention the time frame by which this will be achieved. The additional output is almost double the government’s borrowing programme of Rs 3.48 lakh crore ($54 billion) for the current financial year.

#Special Edition – May 2017, #OTHER HIGHLIGHTS

The Europe chief of the world’s largest outsourcing and technology services specialist for diplomatic missions worldwide gives his insight on the India-UK travel landscape.

As we celebrate 2017 as the UK-India Year of Culture alongside the 70th anniversary of Indian independence, travel between the UK and India is thriving like never before. Britain is the largest G20 investor in India – with a total inflow of $23.12 billion, while India invests more in the UK than it does in the rest of the European Union (EU) combined. There are over 100 flights from India to Britain a week, with over 30,000 seats capacity. Such powerful and deep links between the two countries make smooth, seamless and simple travel essential.

#INDIA-UK, #Special Edition – May 2017

Now that Mrs May has triggered formal divorce proceedings with the EU, India Inc. CEO Manoj Ladwa explains how the UK could learn a lesson or two from the Japanese on getting up close to Modi’s India.

The late Sir James Goldsmith, the billionaire financier who spent a considerable part of his personal fortune on a campaign to force Great Britain out of the European Union, once famously said: “When a man marries his mistress, he creates a job vacancy.”

#INDIA-UK, #Special Edition – May 2017

Britain’s minister in charge of international trade makes the case for an open global trading order with the Commonwealth as its cornerstone.

I hosted the inaugural Commonwealth Trade Ministers’ Meeting, an event that brought together politicians, officials and policymakers from over twenty Commonwealth nations.

It is a testament to the strength of the Commonwealth that so many of its countries were represented at this landmark meeting, during which we discussed the opportunities for trade, investment, and enhanced friendship that lie ahead.