On the eve of its 63rd Independence Day, India has signed a Free Trade Agreement (FTA) with the Association of Southeast Asian Nations (ASEAN). The agreement that took around six years to negotiate will eliminate tariffs on some 4000 products by 2016. India also signed a Comprehensive Economic Partnership Agreement with South Korea earlier this […]
Newly elected and unburdened by clamoring communists and coalition politics, the Congress government will make bold economic reforms. At least that’s what the markets and analysts figured. All last week, the markets in India climbed up the hill in anticipation. Then on Monday came the budget speech. And the markets came tumbling after. The reactions […]