Showing posts with label India. Show all posts
Showing posts with label India. Show all posts

Thursday, October 27, 2016

Why India Is A Better Investment Bet Than China

OCT 26, 2016 @ 08:14 PM 5,942 VIEWS


Panos Mourdoukoutas ,   CONTRIBUTOR,
"I cover global markets, business and investment strategy  "

Opinions expressed by Forbes Contributors are their own.

China may be the world’s largest emerging economy, beating India in many economic and financial indicators. But India is beating China in an indicator that matters the most to emerging market investing: financial market development. This means that India is less prone to a financial crisis than China, and therefore, a better investment than China.

Wednesday, August 31, 2016

India and U.S. deepen defense ties with landmark agreement

By Rama Lakshmi August 30 at 4:30 AM
NEW DELHI — After nearly a decade of painstaking discussions, India and the United States signed a landmark defense agreement Tuesday that will increase the military cooperation between two of the world’s largest democracies.

The agreement was finalized during a visit to Washington by Indian Defense Minister Manohar Parrikar, and it was touted as a symbol of deeper defense ties between the two nations in an increasingly tense part of the world.

Thursday, March 3, 2016

The U.S. and India are deepening military ties — and China is watching

The Washington Post

By Dan Lamothe March 2 at 2:57 PM

The U.S. military’s top officer in the Pacific urged Indian officials Wednesday to pursue even closer military ties with the United  States — part of a broader effort by the Pentagon to strengthen a relatively new partnership in the region, as China expands its military footprint in ways that alarm its neighbors.

Adm. Harry Harris, commander of U.S. Pacific Command, said that  expanded cooperation between the United States and India will not only be critical to Washington’s re-balance toward the Pacific, but “will arguably be the defining partnership for America in the 21st century.” He said he shared a vision with U.S. Ambassador to India Richard Verma that Indian and U.S. naval vessels will soon steam together “as we work together to maintain freedom of the seas for all nations.”

Thursday, September 25, 2014

Insight - With canal and hut, India stands up to China on disputed frontier

NEW DELHI Thu Sep 25, 2014 4:06am IST

(Reuters) - Earlier this month, the Indian army, stationed on a remote Himalayan plateau, built a small observation hut from where they could watch Chinese soldiers across a disputed border.

The move so irked China's military that it laid a road on territory claimed by India and demanded that the tin hut be dismantled. India refused, destroyed a part of the new road and promptly raised troop numbers in the area.

Monday, May 5, 2014

Why India Will Soon Outpace China

FORBES ASIA 5/04/2014 @ 11:00AM
By James Gruber
On the face of it, the title of this article will seem absurd to many. While China’s economic growth has slowed, it’s still running at a brisk 7.4% annual rate. Moreover, the Chinese government seems to be successfully slowing credit in order to rein in a burgeoning debt issue. And it’s implementing a plethora of reforms which should propel the next phase of growth.

Meanwhile, India’s a mess. This fiscal year’s GDP will be below 5% and near decade lows, government and corporate debt is high, the current account deficit has been out of control until recently, inflation reached double-digits late last year, business confidence and investment are at extreme lows and corruption remains rampant.

Saturday, April 5, 2014

China or America? Indians pick U.S.

12:52 AM ET
By Bruce Stokes, Special to CNN
Editor’s note: Bruce Stokes is the director of global economic attitudes at the Pew Research Center. The views expressed are the writer’s own.

During the Cold War, the Indian government attempted to position itself between Moscow and Washington by claiming leadership of the Non-Aligned Movement. As Indians head to the polls over the next six weeks, their country again finds itself in a world with two preeminent powers: this time, China and the United States.
And the Indian public is fairly clear where its sympathies lie: with America. Of course, how such attitudes will influence the views of the next Indian government remains to be seen. But, for now at least, there appears to be no evidence of broad anti-Americanism on the sub-continent.

Tuesday, August 9, 2011

India’s economy

Reflections of reality
Does India have a bad-debt problem?
Aug 6th 2011 | MUMBAI | from the print edition
The Economist
A RITUAL familiar to students of the subprime and euro crises has started taking place on Indian banks’ conference calls with analysts and investors. The number-crunchers probe the lenders about their exposures to potential bad debts. Bank bosses insist that, although there are niggles, all is under control.

Some scepticism is due. With India’s economy slowing—growth could dip below 8% this year, from a peak of 9-10%—and interest rates rising (see chart), borrowers will be under more strain. India’s banks have been growing fast for years, often a sign that discipline has slipped. Total loans have almost tripled since 2005.

The Reserve Bank of India (RBI), which regulates banks and sets interest rates, has a record of running a tight ship. Gross non-performing loans have fallen from about a fifth of the total in 1995 to under 3% today. But the RBI is neither infallible nor squeaky-clean. Between 2005 and 2008 some foreign banks and several local ones got caught by a mini-boom in unsecured loans to consumers that quickly soured. And since the start of the global financial crisis the RBI has quietly given Indian lenders some get-out-of-jail cards; these may pale into insignificance compared with perks doled out by Western regulators but they suggest that the central bank prefers to fudge the recognition of losses in the system if it thinks stability is at risk.