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Foreign trade in a tough neighbourhood

Despite the often fractious political relations, India’s trade with its neighbours has surged in recent years

Improving economic ties with smaller neighbours was one of the major objectives of the Modi government.

The government’s outreach to its neighbours included initiatives such as Prime Ministerial visits, resolving long pending issues like Land Boundary Agreement with Bangladesh, opening land visa with Myanmar, implementing decades old connectivity proposals, addressing trade logistics issues and offering soft loans and aid at an unprecedented scale.

Though trade was not the only objective of this initiative, it gained prominence in recent years, despite stiff competition from China.

From 2.86 per cent [...] Read more

Any changes foreseen in the stressed financial sector of Bangladesh?

Collaborative innovation drives higher value for big and small players in fintech

The financial landscape has changed so dramatically in recent years that companies who once saw themselves as competitors are more likely to become eager collaborators, especially when it comes to innovating in financial technology.

Large financial institutions, with their years of experience and access to data and customers, and fintech start-ups, with their agile approach to creating dynamic solutions and financial tools, have learned to leverage each other’s strengths to mutually capitalize on emerging opportunities in the market.

These changing dynamics in the business behind technology was one of the topics [...] Read more