India third most improving market in business climate, says IU
1 month, 3 weeks ago

India third most improving market in business climate, says IU

Live Mint  

New Delhi: India is the third most improving country when it comes to the business environment, marked by strides in foreign direct investment policy, foreign trade, exchange controls and the tax regime, The Economist Intelligence Unit said in its 2024 rankings. The research and analysis division of the Economist Group said in its latest ranking of countries by their business climate that India, followed by Greece and Argentina, are among the places where it expects the most significant policy improvements, infrastructure investment or growth in market opportunities. EIU’s ranking of countries by the business environment is a more comprehensive index than the World Bank’s now- discontinued ease of doing business rankings, which was focused on regulatory procedures, the EIU said. Also read | India surpasses China in QS Asia Rankings 2025 EIU’s index measures the attractiveness of the business environment in 82 countries and territories, examining 91 indicators spread across 11 different categories including political environment, macroeconomic environment, market opportunities, policy towards free enterprise and competition and policy towards foreign investment.

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History of this topic

The UK is open for business and India features high on its speed-dial
1 month ago

The UK is open for business and India features high on its speed-dial

Live Mint  

Prime Minister Keir Starmer and Prime Minister Narendra Modi sat down together at the G20 Summit in Brazil for what both have described as an extremely productive meeting. And initiatives like the UK-India Infrastructure Financing Bridge between Niti Aayog and the City of London are bringing the UK’s financing expertise to bear in supporting India’s growth. A new National Wealth …

China+1 plan: India’s limited gain
1 month ago

China+1 plan: India’s limited gain

New Indian Express  

NEW DELHI: Government think tank Niti Aayog has admitted that ‘India has seen limited success so far in capturing the China Plus One strategy. It attributes factors like cheaper labour, simplified tax laws, lower tariffs and pro-activeness in signing free trade agreements have played a key role in helping these countries expand their share of exports. The US has raised …

India well-placed in a post-global world, want to triple business here, says Bain’s top boss
1 month, 4 weeks ago

India well-placed in a post-global world, want to triple business here, says Bain’s top boss

Live Mint  

Bain and Co. is looking to triple its India business over the next five years given its growing potential in a post-global world, a top executive at the American consultancy said. India is best-placed in an increasingly fragmented world thanks to its demographic dividend, progress on energy security and geopolitical positioning, Bain's new worldwide managing partner Christophe De Vusser said. …

India among top 5 markets for WPP globally, will be among top 3 in coming years, says country head
2 months ago

India among top 5 markets for WPP globally, will be among top 3 in coming years, says country head

Live Mint  

Mumbai: India has cemented its position as one of the top five markets for WPP, one of the world’s largest advertising and marketing services networks, marking a remarkable rise from being outside the top 10 just a few years ago. With agencies like GroupM, Mindshare, Ogilvy, Wunderman Thompson, and Grey under its umbrella, WPP credits India’s rapid economic growth and …

India has become trusted, reliable partner in global supply chain: Piyush Goyal
2 months ago

India has become trusted, reliable partner in global supply chain: Piyush Goyal

Hindustan Times  

NEW DELHI: India is the most attractive investment destination which has established itself a “trusted and reliable” partner in the global supply chain, commerce and industry minister Piyush Goyal on Friday said adding that the government is looking at setting up a mini Silicon Valley in Goa. FILE PHOTO: Commerce minister Piyush Goyal said India is steadily developing to become …

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's
6 months, 4 weeks ago

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's

India TV News  

Moody's latest Ratings revealed that India is poised to maintain its position as the Asia-Pacific region's top-performing economy in 2024, continuing the robust growth driven by domestic factors seen last year. India to remain fastest growing economy: World Bank Earlier this week, a Work Bank report stated that India will remain the fastest-growing major economy recording a steady growth of …

Indian economy projected to grow 6.5% in 2024: UNCTAD
8 months, 3 weeks ago

Indian economy projected to grow 6.5% in 2024: UNCTAD

The Hindu  

India’s economy is projected to grow by 6.5% in 2024, according to a report by the UN which noted that multinationals extending their manufacturing processes into the country to diversify their supply chains will have a positive impact on Indian exports. “The expansion in 2023 was driven by strong public investment outlays as well as the vitality of the services …

India to be third top economy in few years, says Nirmala Sitharaman
9 months, 3 weeks ago

India to be third top economy in few years, says Nirmala Sitharaman

The Hindu  

Union Finance Minister Nirmala Sitharaman on March 16 said India needs economic freedom to achieve developed nation status by 2047 and assured that the country would move to the third spot in the world economy from the current fifth position in the near future. ‘We should attain economic freedom’ Observing that India was a rich country about 400 years ago, …

In A World Starved Of Growth, India Is An Outlier, Will Become Third-Largest Economy In 5 Years: Amitabh Kant
10 months, 1 week ago

In A World Starved Of Growth, India Is An Outlier, Will Become Third-Largest Economy In 5 Years: Amitabh Kant

ABP News  

India is set to become the third-largest economy and stock market in the world in the next five years, G20 Sherpa and former NITI Aayog chairman Amitabh Kant said at the India Dialog conference, organised by the Stanford University US-Asia Technology Management Center, in partnership with the Institute for Competitiveness. Sharing his inputs on the country’s growth, Kant stated: “In …

Manufacturing versus services: A false binary
10 months, 3 weeks ago

Manufacturing versus services: A false binary

Hindustan Times  

The debate around India’s policy focus — whether it should be on manufacturing or services — is once again heating up. India’s share of global services exports is currently ~4.4%, and the country is already the largest provider of telecom and information services. The other pillar of the country’s export strategy — services exports — is where India already has …

Bank of America expects India fundraising to be busier than ever
10 months, 3 weeks ago

Bank of America expects India fundraising to be busier than ever

Live Mint  

Fundraising activity in India will be stronger than ever over the next two years as conglomerates, tech firms and financial services providers hunt for capital to fuel growth and owners seize the moment to sell holdings, Bank of America Corp.’s co-head of investment banking in the country said. Reliance Industries Ltd., controlled by Asia’s richest person Mukesh Ambani, has been …

India’s rival is Vietnam in the game of attracting global manufacturers
10 months, 4 weeks ago

India’s rival is Vietnam in the game of attracting global manufacturers

Live Mint  

If India wants to build a robust computer and electronics manufacturing industry, it needs to shift focus, fast. The latest reminder of this urgency came last week with a US appeal for New Delhi to make the business environment easier and more transparent to navigate, or keep losing out on foreign direct investment. Though India is getting a lot of …

Why India Isn’t the New China
11 months, 3 weeks ago

Why India Isn’t the New China

Live Mint  

China’s economy is struggling, but another Asian giant, neighboring India, is suddenly squarely on investors’ and manufacturers’ radar. India’s age-dependency ratio—a measure of the burden of child and elderly care on households—has fallen to 47 in 2022 from 82 in 1967, according to the World Bank. Only a third of India’s female working-age population was in the labor force in …

India to be world's third-largest economy by 2030: S&P
1 year, 1 month ago

India to be world's third-largest economy by 2030: S&P

The Hindu  

India will remain the fastest-growing major economy for at least the next three years, setting it on course to become the world's third-largest economy by 2030, S&P Global Ratings said in a report. India's gross domestic product grew a bigger-than-expected 7.6% in the second quarter of fiscal 2024, data showed last week, which prompted several brokerages to raise their full-year …

India set to become third-large economy by 2030, says S&P
1 year, 1 month ago

India set to become third-large economy by 2030, says S&P

India TV News  

American credit rating agency S&P Global Ratings on Tuesday said India would become the world's third-largest economy by 2030. The rating agency forecasted the nation's GDP growth would reach 7 per cent in 2026-27 fiscal year. S&P in its Global Credit Outlook 2024 highlighted a 6.4 per cent GDP growth in the fiscal year through March 2024 as compared to …

India will be third largest GDP by 2027, says Nirmala
1 year, 1 month ago

India will be third largest GDP by 2027, says Nirmala

Deccan Chronicle  

New Delhi: Terming the India-Middle East-Europe Connectivity Corridor as one of the most promising connectivity projects, Union finance minister Nirmala Sitharaman on Wednesday said that it would be a win-win situation for all stakeholders who are involved in bringing efficiency in transportation, reducing logistic costs, increasing economic unity, generating employment, and lowering greenhouse gas emissions. The country’s economic growth is …

India third most optimistic market globally, heading in right direction: Ipsos Global Survey
1 year, 2 months ago

India third most optimistic market globally, heading in right direction: Ipsos Global Survey

India TV News  

The latest Ipsos “What Worries the World Global Survey” highlighted India's strong outlook and resilient optimism while comparing it to global trends. Ipsos 'What Worries the World' tracks public opinion on the most important social and political issues, alongside whether people think things in their country are heading in the right or wrong direction, across 29 countries and among 24,733 …

Indian economic prospects may require a more realistic analysis
1 year, 4 months ago

Indian economic prospects may require a more realistic analysis

Live Mint  

The chaos and cacophony of bazaars have a life-affirming quality. Walking through a Delhi bazaar last week, chatting with friendly shopkeepers and roadside merchants and revelling in the warm glow of traditional India, it was impossible not to feel optimistic about the country’s prospects. Recall that, in 2020-21, India’s economy, still recovering from an unwarranted demonetization, contracted by 7% as …

’India is arguably at the start of a long wave boom,’ says Morgan Stanley
1 year, 5 months ago

’India is arguably at the start of a long wave boom,’ says Morgan Stanley

Live Mint  

Global brokerage Morgan Stanley has upgraded India to overweight rating. The brokerage in its report said that India has advanced from sixth to first place in its process, with relative valuations less severe than in October, and as foreign direct investment and portfolio flows are being supported by multipolar world trends, India is adding a reform and macro-stability agenda that …

Global Competitiveness Index 2023: India slips to 40th spot I Check which country TOPPED the list
1 year, 6 months ago

Global Competitiveness Index 2023: India slips to 40th spot I Check which country TOPPED the list

India TV News  

India has slipped three ranks on the latest world competitiveness ranking released by the International Institute for Management Development. According to the IMD's World Competitiveness Centre report, the government's efficiency has increased but still lagging in business efficiency infrastructure and economic performance. TOP 3 countries Denmark, Ireland and Switzerland have been named the top three among 64 economies measured for …

India is making its mark in the world
1 year, 7 months ago

India is making its mark in the world

Hindustan Times  

India is in a rare moment of equilibrium. India’s economy is no longer at the receiving end of the global order but is in the fray of the world’s most powerful future economies, with an unmatched growth rate. The International Monetary Fund says India and China will account for 50% of the total world gross domestic product growth in 2023, …

‘Ease of doing business’ improved but long way to go: CII chairman
1 year, 7 months ago

‘Ease of doing business’ improved but long way to go: CII chairman

Hindustan Times  

Mumbai: ‘The Ease of Doing Business’ has improved in the country in the last five to eight years but in many areas, there is a scope for improvement and it has a long way to go, Praveer Sinha, Chairman of Confederation of Indian Industry western region, said on Friday. He added that economic growth is now more balanced as growth …

Technology and cloud to build a better India
1 year, 9 months ago

Technology and cloud to build a better India

Live Mint  

In today’s world, the growing volume of data is driving advances in technologies, such as cloud computing, combined with artificial intelligence and machine learning. A new India—one of the world’s largest technology hubs India is the world’s third largest startup ecosystem, and is fast becoming the SaaS factory for the world. Cloud is now a must for India’s businesses and …

India is the destination for businesses: Sitharaman
1 year, 10 months ago

India is the destination for businesses: Sitharaman

Deccan Chronicle  

New Delhi: Noting that India is the destination for businesses, Finance Minister Nirmala Sitharaman on Saturday said that the country has the right combination of factors that matter for a growing economy including a middle class, captive market with purchasing power, technology-driven public investment and products, digital infrastructure and rule of law. Sithraman said that well-trained youth, middle class giving …

India is 3rd biggest auto market now. What do the numbers reveal?
1 year, 11 months ago

India is 3rd biggest auto market now. What do the numbers reveal?

Live Mint  

The automobile sector, which was bogged down for months by the semiconductor shortage last year, is slowly coming out of the woods with easing supply-chain constraints. With vehicle sales topping 4.5 million in 2022, India became the world’s third-largest automotive market, beating Japan, Nikkei Asia reported earlier this month. Budget may put India's missing middle in Ayushman Bharat UPI for …

India will be big export economy; to benefit from open and connected internet: Pichai
2 years ago

India will be big export economy; to benefit from open and connected internet: Pichai

Deccan Chronicle  

NEW DELHI: India will be a big export economy and it needs to create a balance between safeguarding citizens and enabling companies to innovate with its framework, Google CEO Sundar Pichai said on Monday. While speaking at Google for India event, Pichai said that the company is focussing on startups from India and out of its USD 300 million for …

India to become third-largest economy by 2027: Report
2 years, 2 months ago

India to become third-largest economy by 2027: Report

India Today  

India will surpass Japan and Germany to become the third-largest economy by 2027, according to a report by Morgan Stanley. According to the report, India is the fastest-growing economy in the world and its gross domestic product could double from the current $3.5 trillion to over $7.5 trillion by 2031. India’s share of global exports could also double over that …

Indian Economy Likely To Become World's Third Largest By 2029: SBI Report
2 years, 4 months ago

Indian Economy Likely To Become World's Third Largest By 2029: SBI Report

News 18  

Even as India has surpassed the UK in terms of gross domestic product to become the fifth largest economy, an SBI report now says that the Indian economy is expected to become the third largest in the world by 2029, overtaking Germany and Japan as well. The share of India’s GDP is now at 3.5 per cent, as against 2.6 …

India set to become 3rd largest economy by 2030, say experts
2 years, 4 months ago

India set to become 3rd largest economy by 2030, say experts

India TV News  

Highlights India overtook the United Kingdom as the fifth largest economy in the world Now, experts suggest that by 2030 India will become the third largest economy globally This is 2nd time India has beaten the UK in terms of economy, with the first one being in 2019 Indian economy news : After India overtook the United Kingdom as the …

Not Only Economy, India is Zooming Past Most Nations in Food, Heritage & Languages
2 years, 4 months ago

Not Only Economy, India is Zooming Past Most Nations in Food, Heritage & Languages

News 18  

India has leapt past the UK in the last three months of 2021 to become the fifth-biggest economy in the world, according to International Monetary Fund data. The development comes just days after government data showed that India’s GDP rose 13.5 per cent in the June 2022 quarter of the FY 23. GDP Expands in First Quarter India’s economy grew …

India Inc could play a lead role in our economy’s global emergence
2 years, 5 months ago

India Inc could play a lead role in our economy’s global emergence

Live Mint  

As India celebrates its 75th year of Independence with the Azadi ka Amrit Mahotsav, we stand at the cusp of a new emerging world order. As former PM Manmohan Singh had commented, “The brightest jewel in the British crown was the poorest country in the world in terms of per capita income at the beginning of the 20th century.” Post-independence, …

South Asia: Can India & Neighbours Replace Conflicting Mistrust With Investment?
3 years ago

South Asia: Can India & Neighbours Replace Conflicting Mistrust With Investment?

The Quint  

Welcome to South Asia, home of a surprising dichotomy – of global leaders and regional pioneers, who are cash-rich, yet a part of struggling third-world economies, which are home to a fifth of humankind with almost half of its people living in poverty. Yet, nobody in the region quite understood the necessity to look inwards as successful businesses would fly …

TMS, Ep 10: Oil on the boil, superior voting rights, global travel hassle
3 years, 3 months ago

TMS, Ep 10: Oil on the boil, superior voting rights, global travel hassle

Business Standard  

Oil prices have climbed steadily in the past few weeks, with Brent crude crossing the $80-a-barrel mark recently for the first time in three years. Research houses like Goldman Sachs expect the Brent to hit the $90-a-barrel mark by the end of this calendar year. Markets regulator SEBI has eased the rules for issuance of shares with superior voting power …

India could be back on top as the world’s fastest growing economy this year
3 years, 10 months ago

India could be back on top as the world’s fastest growing economy this year

CNN  

London CNN Business — After plunging into recession for the first time in nearly a quarter of a century, India’s economyshouldcome roaring back to life in 2021. India’s gross domestic product is projected to expand by 12.6% during the country’s fiscal year starting in April, according toa forecast released Tuesday by the Organization for Economic Cooperation and Development. If that …

India Inc on recovery path; 53% companies to raise headcount in 2021: Report
3 years, 11 months ago

India Inc on recovery path; 53% companies to raise headcount in 2021: Report

India TV News  

Even as India's hiring activities declined last year due to the coronavirus pandemic, there is a sudden increase in demand with about 53 per cent of companies saying they are planning to increase their headcounts in 2021, according to a survey. The pandemic adversely impacted economies across Asia-Pacific, including India, which had entered 2020 with robust hiring activities, according to …

Indian economy to become 5th largest in next 5 years: Reports
4 years ago

Indian economy to become 5th largest in next 5 years: Reports

Op India  

Amidst the economic slump caused due to the outbreak of the Wuhan Coronavirus, India is projected to overtake the United Kingdom to become the fifth-largest economy in the world by 2025. This growth trajectory will see India become the world’s third-largest economy by 2030, overtaking the UK in 2025, Germany in 2027 and Japan in 2030,” the think tank noted. …

India amongst top three choices for future investments: Survey
4 years, 2 months ago

India amongst top three choices for future investments: Survey

Live Mint  

NEW DELHI: India is one of the top three choices for overseas investments in the next two-three years, said a survey conducted by Confederation of Indian Industries and EY to assess India’s competitiveness in terms of certain parameters and give constructive suggestions to policymakers. “The CII-EY survey results strongly indicate that India will be the next global investment hotspot with …

US Says India Has Improved Ease of Doing Business Index, But Challenges on Market Access Remain
4 years, 4 months ago

US Says India Has Improved Ease of Doing Business Index, But Challenges on Market Access Remain

News 18  

The United States has urged India to create an environment that will foster its position in the global supply chain and said that the country continues to face challenges on the market access front despite improvement in the ease of doing business. “Our thought is that isolationist policies can also cause a decrease in exchange between businesses and economies, less …

India in top 50 most innovative economies in the Global Innovation Index
4 years, 4 months ago

India in top 50 most innovative economies in the Global Innovation Index

Op India  

India has made it to the list of top 50 countries in the list of Global Innovation Index 2020. #Breaking | India jumps up 4 places to come to 48th position on the Global Innovation Index 2020 released by WIPO. pic.twitter.com/DC371xT7Ok — TIMES NOW September 2, 2020 India topped the list of best innovative economies in the Central and South …

A development that will hardly put India at ease
4 years, 4 months ago

A development that will hardly put India at ease

The Hindu  

On Thursday, the World Bank halted its annual publication, ‘Doing Business’ report, as it detected irregularities of data for a few countries. We have asked the World Bank Group’s independent Internal Audit function to perform an audit of the processes for data collection and review for Doing Business and the controls to safeguard data integrity.” Rankings and ‘Make in India’ …

On tech, India was naive. It has finally woken up | Opinion
4 years, 6 months ago

On tech, India was naive. It has finally woken up | Opinion

Hindustan Times  

The Chinese government banned Facebook in 2009. Chinese technology protectionism created a fertile ground for local start-ups by eliminating the threat of foreign predators. Data analysis enables everything from micro-targeting of That is why the top technology companies from both East and West, the monopolists and predators, see India as the juiciest of all spoils. This is why the Indian …

MSMEs need govt push to benefit from comparative advantage over China-made consumer goods: Report
4 years, 8 months ago

MSMEs need govt push to benefit from comparative advantage over China-made consumer goods: Report

Firstpost  

The government needs to give a direct push to MSMEs to ramp up the export of consumer goods to reap the benefits of its comparative advantage over products made in China in the post-pandemic world, a report said New Delhi: The government needs to give a direct push to MSMEs to ramp up the export of consumer goods to reap …

India has best opportunity to attract foreign investment, emerge manufacturing hub due to COVID-19 crisis
4 years, 8 months ago

India has best opportunity to attract foreign investment, emerge manufacturing hub due to COVID-19 crisis

India TV News  

India may have the best opportunity to attract foreign investment and replace China as the world's manufacturing hub, says US India Strategic and Partnership Forum president Mukesh Aghi, as reported by PTI. Further speaking on coronavirus crisis may provide India an opportunity to become the next manufacturing hub, Aghi said, "I strongly feel that once the COVID-19 crisis ends, India …

India can fill up export market space vacated by China due to coronavirus: Assocham
4 years, 10 months ago

India can fill up export market space vacated by China due to coronavirus: Assocham

India TV News  

With the Chinese economy getting impacted due to the coronavirus outbreak, India can push its exports in the global markets to fill up the space vacated by the neighbouring country, industry body Assocham said on Sunday. "Barring a few segments, a large number of engineering exports from India can fill up the market vacated by China; so is the case …

India hopes to continue FDI growth story in 2020; Centre, states working to provide stable policies for entry of foreign firms
5 years ago

India hopes to continue FDI growth story in 2020; Centre, states working to provide stable policies for entry of foreign firms

Firstpost  

Although the FDI is allowed through automatic route in most of the sectors, certain areas such as defence, telecom, media, pharmaceuticals and insurance, government approval is required for foreign investors. New Delhi: Enthused by a record foreign investment inflow, India is optimistic about continuing to be one of the world’s favourite foreign direct investment destinations in 2020 on the back …

Opinion | How Indian economy came back down to earth
5 years ago

Opinion | How Indian economy came back down to earth

Live Mint  

India's economy lost its sheen this year. Just last year, India was the world’s fastest growing major economy. Alarmingly for the Reserve Bank of India, these clogs in the financial pipes mean five interest-rate cuts this year haven't packed much punch. An academic paper by a former aide to Prime Minister Narendra Modi reckons growth over the past few years …

Opinion | Opportunities for India in the Asian Century
5 years, 2 months ago

Opinion | Opportunities for India in the Asian Century

Live Mint  

India is at an inflection point. New research from the McKinsey Global Institute finds that Asia could generate more than half of the world’s GDP by 2040 as cross-border flows shift toward the region, which is rapidly integrating; with 60% of goods traded, 56% of greenfield foreign direct investment and 74% of journeys by Asian air travelers taking place within …

India needs fresh reforms to be in top 50 nations with ease of doing business: World Bank official
5 years, 2 months ago

India needs fresh reforms to be in top 50 nations with ease of doing business: World Bank official

Firstpost  

India needs a fresh set of “bold reforms” in the next three to four years if it wants to be among the top 50 countries with ease of doing business, a top World Bank official said on Thursday Washington: India needs a fresh set of “bold reforms” in the next three to four years if it wants to be among …

India at 63 in World Bank's Ease of Doing Business: Nirmala Sitharaman promises further GST simplification to improve ranking
5 years, 2 months ago

India at 63 in World Bank's Ease of Doing Business: Nirmala Sitharaman promises further GST simplification to improve ranking

Firstpost  

Finance Minister Nirmala Sitharaman on Thursday said efforts will be made to further simplify Goods and Services Tax, and expressed hope that it will help in further improving India’s ranking in the World Bank’s ease of doing business index New Delhi: Finance Minister Nirmala Sitharaman on Thursday said efforts will be made to further simplify Goods and Services Tax, and …

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