In 1947, when India politically broke free of the English Raj, the sun eventually set on the British Empire. Forty-four years later, in 1991, she unshackled herself from Nehruvian socialism to marry market economy. If 1947 was about political freedom, 1991 was about economic reforms.
Some 25 years later, in 2015, if India enjoys a place under the sun, it’s due to that historic decision in 1991 - a unilateral one taken by a semi-retired politician and executed with élan by a retired bureaucrat. The result is there for all of us to see. It has always foxed me that the extraordinary transformation was brought about by a minority government, headed by a leader who lacked mass appeal.But all that is in the past. Among the several unfin
Even while Prime Minister Narendra Modi was making a strong pitch for his Digital India mission at the Silicon Valley, the Chinese were busy winning a lucrative contract for a high speed railway project in the US.
Policy changes can make or mar fortunes. Alert administrations, both at the Centre and the states, can set up think tanks to look at the implications of changes in policies on technology and feedstock and effect needed modifications to ensure viability of projects that are set up at high cost and with great promise...
More than 3000 foreign companies are already present in Tamil Nadu. These include over 500 Japanese, 150 Korean and 250 American companies. The state is also the second in terms of foreign direct investments. So several people asked why does Tamil Nadu need a Global Investors Meet.
The sugar industry is suffering from one of its cyclical lows. Even while the industry continues to produce sugar in excess of domestic consumption levels, with demand in global markets sluggish and with stiff competition from Brazil, exports are not remunerative and call for heavy subsidies.
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.