India and Israel have signed a bilateral investment treaty (BIT) aimed at boosting mutual investment flows and enhancing economic cooperation. The agreement, formalized in New Delhi by Finance Ministers Bezalel Smotrich and Nirmala Sitharaman, is designed to increase investor confidence and streamline financial interactions between the two nations. The Israeli...
India’s Economy Enters Steep S-Curve of Growth
India is forecast to remain the world's fastest growing major economy through 2024, with GDP growth over 6% annually. This rapid growth resembles China's economic ascent between the late 1990s and early 2000s, suggesting India could see similar massive rises in energy use over the next 20 years as urbanization...
OECD says India to Grow 12.6 percent in 2021
In it latest interim forecast released today, the Organization for Economic Co-operation and Development, OECD, a group of 37 countries headquartered in Paris, put India at the top of its economic growth list (albeit via a defective graphic, see below) with a projection of 12.6 percent GDP growth. For this...
India to Implement Blockchain, AI for Cargo Movement
In line with the government’s digitization agenda, India's ministry of finance is exploring the use of blockchain technology and artificial intelligence (AI) for cargo movement. Currently India ranks 146 out of 190 countries on World Bank’s ‘trading across borders’ measure. It takes 11 days for clearing an import consignment, against...
India Has the Third Most-Trusted Government in the World
According to a survey by the Paris-based Organization for Economic Co-operation and Development, India's Prime Minister Narendra Modi heads one of the world’s most-trusted governments with close to three out of four Indians saying they have confidence in the government. Factors that influence trust in governments include the state of...
Dramatic Changes Predicted at Future of Asia Conference
According to the Los Angeles World Affairs Council's (LAWAC) Future of Asia Conference that took place on September 15 and 16, "Asia is a continent where the stakes are rising rapidly - both in economic promise and expansion of individuals' horizons, but also in environmental and security challenges." 57 speakers,...