India Country Report | Robust Growth Outlook For India ́s Economy In 2022, Provided An Accelerated Vaccination Rollout

Crédito y Caución (Atradius) | Prime Minister Narendra Modi and his government remain in a strong position. Modi’s Bharatiya Janata Party (BJP) has an absolute majority in the lower house of parliament, and the opposition remains weak on the national level. While the handling of the second coronavirus wave in early 2021 has dented Modi ́s popularity somewhat, a rising vaccination rate should help him to retain his dominant position…


Is 2021 The Year For ASEAN And India To Shine?

For India, the sharp fall of domestic demand led to a huge decline in imports that drove the current account into surplus, giving the country savings during times of crisis. The Philippines also had a balance of payment surplus as its imports collapsed, driven by the large drop in investment and contraction in consumption, which was unprecedented. But those factors, coupled with low rates domestically and externally, pave the way for not just a financial market rebound but also an economic recovery in 2021, as funding conditions are favourable and balance sheets trimmer.

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The China-India Conflict Highlights The Urgency For Modi To Do More To Harness India’s Advantages

In 1993, both India and China were equally poor with GDP at USD377 per capita. Fast forward to 2019, India GDP per capita rose to USD2,104 while China fast-tracked to USD10,261… The only country that is comparable in size to China is India, as one has 1.40bn people and the other 1.33bn people, respectively. Combined, they are home to 36 percent of the world’s population. From May until the recent truce engineered in Moscow, the China-India border dispute has threatened to fracture efforts to foster bilateral ties between the two economies, such as the India banning of Chinese apps in response to the conflict.

India demonetization

India’s Demonetization Daring But An Opportunity

Initial figures relating to India’s demonetization indicate that some $80 billion of old bills have been handed into the banks to be exchanged for new ones. The objective of this exchange is to reduce money laundering and the black economy, which will increase the amount of tax raised and favour the banking sector’s penetration in the economy in the medium-term.

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How India Is Stepping Out Of China’s Shadow

Caixin | As two of the most significant economies driving global growth today, commentators often compare the emerging market behemoths, China and India. In recent times, the two countries have eclipsed Brazil, Russia and South Africa, their BRICS counterparts, in terms of economic growth. However, there are significant differences between the two Asian economies.


India is making China look old

LONDON | May 1, 2015 | By Asoka Wöhrmann, Chief Investment Officer at Deutsche AWM |  The stock markets in India and China both still have potential. But arguments for investing in India are currently more convincing. 

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Emerging economies show weakness signs

MADRID | By Francisco López | Ben Bernanke’s warning about a posible withdrawal of Fed monetary stimulus a year ago prompted a notable rise of premium risks and general drops in global stock markets, but deeper in emerging economies. And it indeed hit the so-called BIITS (Brazil, Indonesia, India, Turkey and South Africa). Today, stocks have recovered and stand at levels prior to the taper shock, although some collateral damages are there.

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Spanish companies take Modinomics pace

MADRID | By Julia Pastor | What can small countries’ firms do in the world biggest democracy, built on 28 nations more than regions? Some Spanish companies in India have been able to manage big four toll roads (Isolux), control 80% of its airspace safety (Indra), excel in the olive oil market (Borges), or even list in the Bombay’s stock exchange (CIE Automotive). After the historical victory of Narendra Modi their prospects are even better, considering that India’s middle-upper class ranges between 50 and 300 million people.

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India: Taxation’s Fatal Neglect?

In poor and unequal India, the level, type, quality and sustainability of spending are vital issues to debate. But the obsession with spending has crowded out discussions on spending’s Siamese twin: revenues and, more specifically, taxation.