According to the International Monetary Fund, the global economy, in spite of having reached a plateau, will continue to grow at 3.7 percent in 2019. The outlook for 2019 is better than one might expect given the negative daily news around the globe. Strong economic growth in the U.S. will...
Japan and Singapore Stand 1st on Henley Passport Index
The Henley Passport Index is the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The ranking is based on exclusive data from the International Air Transport Association, which maintains the world’s largest and most accurate database of...
India in Top 4 of 40 Countries for Renewable Energy
On Ernst & Young's 2018 Renewable Energy Country Attractiveness Index (RECAI), China tops the list of forty countries, followed by the U.S., Germany, India. India’s 2022 solar power target seems over-ambitious in response to the threat of a 70% tariff on imported solar panels and low power bids. In January,...
India's SSWL Supplies Truck Rims to U.S. Aftermarket
Chandigarh, India-based Steel Strips Wheels Limited (SSWL), a manufacturer of steel wheel rims, will supply truck and trailer steel wheels to the American aftermarket. 17,000 truck wheels, for $700,000, will be dispatched from SSWL’s Chennai facility in the next three months. The company designs, manufactures, and markets steel wheel rims...
India Becoming R&D Hub for Multinationals
Multinational from the Americas, Europe, and APAC have set up research hubs to work in the areas of R&D, Business Process Management and IT. More than 1,000 multinational companies have established engineering and research and development centers — known as global in-house centers or GICs — in India. Among these...
India Bans Import of Seal Skins and Fur
India follows more than 36 countries that have banned trade in commercial seal products for animal welfare and conservation reasons, including the twenty-eight European Union member states, the United States, Taiwan and Russia. The notification was issued as a result of exhaustive campaigning for the ban by the Humane Society...