Fiscal pressures have contributed to Beijing following New Delhi in contributing to freeing the economy and liberalize growth. Barely a week after India opened FDI in the telecom and defence sectors amongst others, China announced tax breaks for 6...
When push came to shove, the Indian government did budge to salvage the economy from floundering. Let it also be noted, that just as Dr. Manmohan Singh released the clasps on the Indian economy in 1991 flooding her with western goods and services, a prudent reason to...
As China and India play tug-of war in re-balancing their economies, Inchin Closer takes a look at the real growth engines in both countries — India’s Middle class and China’s Rural mass. Birds of Gold as dubbed by the Mckinsey Global Institute, for...
Notwithstanding the ballooning trade deficit between India and China which swelled by 34 percent to reach US$12 billion in the first five months of this year, India is also heavily loosing out to China in acquiring oil assets internationally. Inchin Closer had earlier...
As gold prices slump, the Chinese stock exchange plunges and Indian rupee falls to new lows, monetary policy analysts are revisiting the competitiveness of China – India bilateral trade. A report by India’s apex bank – the Reserve Bank of...