Escalating Indo-US Trade War

Business Economics &Services Team (BEST)                   Escalating Indo-US Trade War Like the real war, the trade wars are also  an interplay of assertions, strategies, moves, counter moves, double talks and what have you. There are also trappings of deceit, conceit, arm twisting etc. in this game from both sides. But the powerful between the two wins the game. But unlike in the real war, there are no bloodshed, arms, weapons etc. In effect,...

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From Shell Shocked to Shell Delighted

  Business Economics & Services Team (BEST)                                             From Shell Shocked to Shell Delighted The Bombay High Court decision on Shell -the US based oil major -should signal the right vibes to the foreign investors, who were agitated  against the  dilly dallying  of the government...

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Rate Cut, Black Money and Kisan Vikas Patra

Business Economics & Services Team (BEST)                                    Rate Cut, Black Money and Kisan Vikas Patra Is RBI governor Rajan becoming more important than the Finance Minister? Going by the financial paper reports in India, one may get that feel. Everyone-from corporate honchos to economists-known and unknown-are clamoring for an early interest rate cut....

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The Great Telecom War between India and the US

   Business Economics & Services Team                              The Great Telecom War between India and the US Electronica 2015 held recently in Germany has estimated that in 2015-16, the global electronics industry will grow by four percent to reach a trade volume of US$ 2.2 trillion, an all time high and will inch towards surpassing the global oil trade to become the most traded commodity in the world. Also, it estimates that the global electronics...

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Business Economics & Services Team                                          Are We happy to Court CAD All the Time? Do not go overboard to decipher what I meant by CAD. I have used the terminology to mean the obvious: Current Account Deficit. Many dub this as the single most disease afflicted on our economy: our imports exceed the exports and...

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Capital Account Convertibility of Indian Rupee

 Business Economics & Services Team                           Capital Account Convertibility of Indian Rupee The other day, I heard somebody, who poses to be one in the knowledge of what the government is going to do telling that soon the government will announce a road map for moving towards capital account convertibility of the Indian rupee. I felt that term he used road map was in appropriate since the...

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Sunset for Double Taxation Agreement Treaties

  Business Economics & Services Team                             Sunset for Double Taxation Agreement Treaties? Every successive government in India promises that they would look into the operation of Double Taxation Avoidance Treaties signed with more than 60 countries to enable the underlying assets to be taxed only in one country. That is fair and equitable, to say the least. Why then we have to...

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