Category: Economics

WTO Heading for an Uncertain Future

The 13th Ministerial Conference (MC13) of the WTO ended on 1st March 2024 with Ministers from 160 plus WTO members adopted a “face-saving” outcome document after lot of cajoling and struggle. No permanent solution on PSH (Public Stockholding) of food, status-quo on e-commerce moratorium, and literally no progress on DSB...

No Major Breakthrough Expected from WTO MC13

The biennial WTO 13th Ministerial Conference is scheduled to be held at Abu Dhabi from 26-29th February 2024. While hectic consultations are on and DG WTO making passionate appeal to all member nations, the overall scenario doesn’t look very promising with regards to the expected outcomes of this important Ministerial...

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B20 Recommendations to G20 for Digital Economy & Industry 4.0

The G20 countries have the opportunity to embrace innovation and transformative technologies, recognizing different digitalization maturity levels among members, that will promote fair and sustainable development across all G20 countries and around the world. A revolution underpinned by artificial intelligence and other technologies is already underway and will redefine the...

India – World’s Most Open Economic Behemoth

This year, India is expected to become the fifth largest economy in the world. It is also optimistic that it will hit the throne of the world’s third largest economy in 10 years, only after the United States and China. This vision attracts global businessmen to compete for business opportunities....

Transforming Indian Railways – From Chugging To Shinkansen –

India is amongst the fastest growing nations in the world today. However, the nation’s potential is not unleashed to the fullest given several challenges of education, job creation, and weak infrastructure amongst others. Our Hon’ble Prime Minister, Shri Narendra Modi has launched several initiatives such as Make in India, Skill...