Opinion: India’s Investment Conundrum — Why Good Policies Aren’t Enough
2 weeks, 1 day ago

Opinion: India’s Investment Conundrum — Why Good Policies Aren’t Enough

ABP News  

India’s economic trajectory has been a subject of global fascination and optimism. The recent 6 percent dip in foreign direct investment in the October-December quarter of 2024-25, from $11.5 billion to $10.9 billion, is a stark reminder that something is fundamentally amiss in India’s economic governance. The Vodafone case, where the government overturned a Supreme Court verdict through retrospective legislation, remains a blot on India’s investment landscape. Although the government eventually withdrew the retrospective tax amendment, the damage to India’s reputation as a stable and predictable investment destination was done. Without addressing the underlying issues of trust and governance, India’s dream of becoming a global investment hub will remain just that, a dream, and India’s economic potential will remain unfulfilled.

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History of this topic

2024 yearender: A year marred by great economic uncertainties
2 months, 3 weeks ago

2024 yearender: A year marred by great economic uncertainties

Hindustan Times  

Donald Trump will take charge as the US President for the second time on January 20, 2025. In a move that could have far-reaching consequences for the world economy, Trump has promised imposition of large-scale tariffs as a bargaining tool to buttress US’s economic dominance and well-being vis-à-vis other countries. Should Trump enter into an open conflict with the US …

Terms of Trade | Turbulent geopolitics calls for serious economics
5 months, 3 weeks ago

Terms of Trade | Turbulent geopolitics calls for serious economics

Hindustan Times  

The ongoing conflict has claimed one of the highest civilian casualties in recent history. If the western world caught an inflation cold because of a war with Russia, it will definitely face economic turmoil in case there is a military conflict involving China, the world’s second-largest economy and the largest exporter. In fact, given India’s trade dependence on China, a …

Comparing Indian Growth Machine to Bangladesh Economy Fails: Here's Why
2 years, 7 months ago

Comparing Indian Growth Machine to Bangladesh Economy Fails: Here's Why

News 18  

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Courts must take a holistic view of the economy
2 years, 7 months ago

Courts must take a holistic view of the economy

Hindustan Times  

The conviction of the former coal secretary is the111th conviction for the prosecution in the coal cases. Now is a time for India and the Indian courts to engage with the question of whether wrongdoings preclude a law and economic analysis of matters that have a far-reaching impact on critical industrial sectors and the Indian economy. More importantly, with heavy …

Salutary lesson: The Hindu Editorial on the Vodafone case
4 years, 5 months ago

Salutary lesson: The Hindu Editorial on the Vodafone case

The Hindu  

Vodafone Group Plc has won yet another round in its 13-year-long battle with India’s tax authorities. On Friday, an i nternational arbitration tribunal ruled that the Indian government’s efforts to claim more than ₹20,000 crore in tax from Vodafone using retrospective legislation was in clear breach of the ‘fair and equitable treatment’ protections afforded under Article 4 of the Bilateral …

The occasion to revisit the sovereign’s role
4 years, 11 months ago

The occasion to revisit the sovereign’s role

The Hindu  

Let us make no mistake. The retreat of the state India embarked on the path of trimming the role of the state, initially, with such caveats as ‘safety net’ and ‘reform with a human face’. The Indian state’s role in health care, education, creation and maintenance of infrastructure and delivery of welfare has shrunk or become nominal, half-hearted, inefficient, and …

Key lessons from Nokia's India exit: India isn't the best place to make things
10 years, 5 months ago

Key lessons from Nokia's India exit: India isn't the best place to make things

Firstpost  

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A singularity moment in Indian politics
10 years, 9 months ago

A singularity moment in Indian politics

Live Mint  

India’s intellectual and political landscape, long the preserve of a powerful left-liberal cartel, faces a singularity. The Columbia University’s Arvind Panagariya wrote in The Economic Times in July 2004 that “the demonisation of reforms not only distorts facts, it also endangers growth that is essential for poverty alleviation”. India’s Communist parties won a record number of seats in the 2004 …

Lack of reforms pulling down the India growth story
11 years, 8 months ago

Lack of reforms pulling down the India growth story

The Hindu  

Leading foreign and Indian entrepreneurs gathered at the global investors conferences in Belfast and here strongly feel that the lack of reforms in various sectors, an unstable tax regime and backseat on insurance and pension reforms were pulling down the India growth story and strong measures on these issues need to be taken to restore the confidence of foreign investors. …

'Direction of economic reforms in India will not be reversed'
12 years, 7 months ago

'Direction of economic reforms in India will not be reversed'

Firstpost  

Asserting that the ‘India Story’ is definitely not over, Indian Ambassador Nirupama Rao has assured American business that there is no question of the tide of economic reform in India being reversed. Washington: Asserting that the ‘India Story’ is definitely not over, Indian Ambassador Nirupama Rao has assured American business that there is no question of the tide of economic …

With UPA in terminal decline, India is closed for business
12 years, 11 months ago

With UPA in terminal decline, India is closed for business

Firstpost  

A weak government that has lost the will to govern has created a vacuum that countless other players are rushing to fill. Last week, an association that represents the interests of foreign institutional investors in the Indian market wrote to Finance Minister Pranab Mukherjee virtually warning that unless the government provided clarity on the taxation provisions that he’d unveiled in …

Is India Inc set to go on 'investment' strike?
13 years, 3 months ago

Is India Inc set to go on 'investment' strike?

Firstpost  

Policy paralysis, government red tape and increasing raids on businessmen are the top reasons for the shift in mood for corporate India. It’s not difficult to understand the frustration: so many things are going wrong with the economy at the moment - and the government has just proved itself incapable of doing anything to fix them after it made a …

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