Recent IMF and World Bank forecasts show that India’s economy could take over from China as the world’s fastest growing economy in the next two years.
Australia will seek to expand its services exports to India when its trade and investment minister Andrew Robb lands in New Delhi next week for his third visit this year.
The Australia India Institute was honoured to welcome the new Indian High Commissioner to Australia, His Excellency Mr Navdeep Suri at a private roundtable event held at the Institute's office on Friday June 12.
The prime minster’s in-tray is of epic proportions. There are huge expectations that he will re-energise the economy, oversee huge infrastructure investment, improve the workings of government and tackle corruption.
Indians who save around USD 600 billion must be encouraged to invest in productive financial instruments like banks or stocks for creating jobs, said Managing Director and CEO of the Bombay Stock Exchange Ashish Chauhan.
Former Indian Foreign Secretary, Shyam Saran would be joining a leading Australian think-tank as an international fellow.
Australia is prepared to supply uranium to India under very strict control and safeguards to power its economy and the two countries are negotiating a deal to make it happen, Foreign Minister Julie Bishop has said.
Prime Minister Narendra Modi’s historic task now is to unlock as much of the constraints on India’s supply side as he can.
One of the world’s leading experts on contemporary India, Professor Craig Jeffrey, has been appointed the next Director of the Australia India Institute