On Tuesday India announced it would increase its defense budget relative to the growth in GDP. India’s defence budget contributes between 2.3 and 2.5 percent of GDP which is expected to grow by about 8 percent this year. China too is expected to announce an...
India reclaimed its position as the premier edible oil importer after China in 2009 after a six year hiatus. India dethroned China by importing 8.4 million tonnes of crude edible oil, up 35 percent. Comparatively, China imported 8.16 million tonnes of edible oil, up...
China has always taken pride in its superlative infrastructure, the latest feather in Beijing’s cap being construction of the world’s highest airport at an altitude of 4,436 meters. Planned for the Nagqu Prefecture, located 300 Kilometers north of Lhasa,...
It’s not easy doing business behind the bamboo curtain. China like India is an intensely bureaucratic country and loves its paperwork. Often the most simple business procedures hide a multitude of misconceptions. Nazia Vasi an India-China consultant points out...
India is expected to introduce the Foreign Educational Institutions (Regulation of Entry and Operations, Maintenance of Quality and Prevention of Commercialization) Bill into Parliament soon. The proposed legislation lays the foundation for foreign education...
Emerging strongly from the global financial crisis, Asian economies, led by India and China have had a record growth in the industrial sector. Riding high on their successes, Asian’s ploughed back growth and profits into their own economies. On Monday, the...
