TECHNOLOGY
Services exports are booming, and this is just the beginning
Policy focus is primarily on manufacturing and to lesser extent on IT/ITES. In terms of growth, it’s “other business services” which have outpaced traditional software exports. Dominated by small firms, the potential for further growth here is huge if government clears regulatory cholesterol
BUSINESS
How to give a demand boost to the Indian economy that it so badly needs
Relatively affluent middle-income households drive the demand for high-value discretionary items such as consumer durables, education, health and recreation services, and homes. Unless they get some relief in the form of lower taxes on their incomes and/or consumption, households’ demand, and in turn, investment from India's private sector will stay muted
BUSINESS
What drives the Indian stock market – fundamentals or policy?
The Indian stock market and its movement is impacted by a variety of factors, both global and domestic. The general assumption that the stock market depends upon GDP growth stemming from economic growth doesn’t hold true in India
BUSINESS
India’s FTAs have flaws. But they can be tapped smartly
Instead of zealously protecting its import tariff walls, India should use this as a bargaining chip to get its trade partners to remove their non-tariff barriers that have been hampering India’s exports, especially those to developed countries
