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Investing In India

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India Eliminates Paper Currency In Move Against Corruption

India Eliminates Paper Currency In Move Against Corruption

Last week the Prime Minister of India made a surprise announcement. That within 24 hours, the country’s largest bills would no longer be accepted as legal currency. The financial move was initiated, to deal with the rampant corruption that permeates throughout the nation. The government is removing the 500 and 1000 rupee notes, that is the equivalent of $7.50 and $15 dollars USD (United States Dollar) respectively. This will remove near 86% of the domestic currency that is now circulating in India, […]

India: Turning The Corner On Investment And Economic Reform?

India: Turning The Corner On Investment And Economic Reform?

Two years after the election of Narendra Modi, India is slowly moving forward in overhauling an outdated and inefficient bureaucracy, that has hampered investment and economic growth for decades. The assorted rule and regulations that vary state by state, have failed to provide the country with an internal market that allows goods and services to move freely. This is a prerequisite for the creation of a modern economy. India is a nation of 1.3 billion people, the second most populous in the […]

Investing In India: A Passage To Profitability

Investing In India: A Passage To Profitability

It is time for investors to consider an investment in India. The big impetus for change arrived with the election of Narendra Modi in May of 2014. The new Prime Minister Modi had put forth a business friendly agenda that went much further than the initial moves put in place during the last two years of the political opposition. Many multinationals are now considering an investment in India as a passage to profitability there is now a possibility. The year 2015 will […]