In a significant development for India, export control regime Wassenaar Arrangement (WA) admitted the country as its 42nd member of the organization. Admission into the WA is an affirmation of India’s position as a responsible nation in the arena of dual-use goods and technology, besides transfer of conventional arms. This...
Barclays: India Is on the Rise
London-based 327-year-old Barclays PLC says: With a rapidly growing middle class, a young labor force, and a reform-minded government, India is on the rise. With a GDP of nearly $2.5 trillion, -- and one of the highest GDP growth rates in the world -- India 's GDP is outpacing emerging markets;...
Moody's Upgrades India's Rating
New York City-based Moody's Investors Service's upgrading India's sovereign credit rating for the first time since 2004 to Baa2 from Baa3, and changing the outlook to 'stable' from 'positive', is a boost to the Modi government's reform agenda. Bloomberg says that the upgrade adds to a string of good news...
Pew Research: Modi's Popularity Widespread in India
The Pew Research Center, a nonpartisan American think tank based in Washington, D.C., conducted a survey among 2,464 respondents in India from February 21 to March 10, 2017. Its main findings are: Indians are increasingly upbeat about Prime Minister Modi, the economy and India's direction Modi's popularity extends across India...
Atlantic Council Proposes Recommendations for India
In its report The Sino-Indian Clash and the New Geopolitics of the Indo-Pacific authored by the South Asia Center of Washington-based Atlantic Council made a series of recommendations to help India meet security challenges. Highlights of the Report authored by Robert A. Manning and Bharath Gopalaswamy, as reported by Live...
India Improves Investor Appeal
You may want to take a fresh look at business opportunities and investments in India, if a new World Bank report is to be believed. In November 2001, Goldman Sachs published a landmark paper where they identified India, along with Brazil, China, and Russia as the four “BRIC” economies that...