THE GLOBE HAS TILTED. INDIA COULD SHAPE THE ECONOMIC AGENDA
BW Businessworld|August 26, 2023
INDIA HAS UNDERPERFORMED its potentials. But at 75 it is finally exhibiting some characteristics of a developed economy. Better days are ahead.
Vikas Singh
THE GLOBE HAS TILTED. INDIA COULD SHAPE THE ECONOMIC AGENDA

The West is embracing the world’s fifth largest, pertinently wooing a ‘high growth’ economy, that has paved a long runway for itself. India’s prominence has also been aided by the West’s disenchantment with China. The USA now sees China as a competitor, not a collaborator. The other western economies are threatened by China’s political ambitions. They are prioritising political stability over trade. Europe will have significant spill-over effects, but the underlying structural factors run even deeper. The ripple effect is beginning to be felt across the world and is reminiscent of what happened to Japan in the 1990s.

A Salesman and a Statesman. PM Modi Wears Two Hats. Both Fit Well: The government has walked well and firmly, and is on the right path, leading the narrative on several forums. A seasoned diplomat is fronting India’s increasingly assertive foreign policies. It’s often antagonistic to China, but equally opposed to the concept of a US-led global order. A India that is politically stable and growing has manoeuvring space on most high tables. Most nations see India as a better alternative to China. On the commerce front, the country has laid out favourable tariff and concessions to woo industry, conceding the battle to win the war. India’s large and thriving consuming class may even be a bigger magnet. The West sees India as a big and growing market, some come to sell, the others are negotiating terms to bring in capital and invest for the long haul.

هذه القصة مأخوذة من طبعة August 26, 2023 من BW Businessworld.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 26, 2023 من BW Businessworld.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BW BUSINESSWORLD مشاهدة الكل
MEMORIES & IMPRESSIONS
BW Businessworld

MEMORIES & IMPRESSIONS

Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.

time-read
3 mins  |
October 19, 2024
The Robotaxi Market
BW Businessworld

The Robotaxi Market

The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.

time-read
1 min  |
October 19, 2024
And the Nobel Prize Goes to AI
BW Businessworld

And the Nobel Prize Goes to AI

The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.

time-read
1 min  |
October 19, 2024
Ola Electrified
BW Businessworld

Ola Electrified

Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.

time-read
1 min  |
October 19, 2024
Sharp Slide in Industrial Output on Eve of Deepavali
BW Businessworld

Sharp Slide in Industrial Output on Eve of Deepavali

India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.

time-read
1 min  |
October 19, 2024
Heralding the Solar Era with Sustainable Electrification
BW Businessworld

Heralding the Solar Era with Sustainable Electrification

RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more

time-read
2 mins  |
October 19, 2024
A WELL-GREASED MACHINE
BW Businessworld

A WELL-GREASED MACHINE

The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar

time-read
4 mins  |
October 19, 2024
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
BW Businessworld

DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH

For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh

time-read
7 mins  |
October 19, 2024
Disruption Ahead: Beyond Organisation Charts and Structures
BW Businessworld

Disruption Ahead: Beyond Organisation Charts and Structures

ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.

time-read
3 mins  |
October 19, 2024
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
BW Businessworld

Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment

We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.

time-read
2 mins  |
October 19, 2024