Jake Colvin, VP, Global Trade Issues at the National Foreign Trade Council, explains why India's opposition to a WTO trade facilitation deal is counter-productive.» Read More
The Federation of Indian Chambers of Commerce and Industry is embarking on a nationwide initiative with Bain, the US management consultant, to restore faith in India's business community and investment prospects. The FT reports.
"Owners of big companies in BRIC nations will not make an investment in the US or Euro zone until there is a low labour cost, clear environment or better demand prospect," V. Anantha Nageswaran, senior economic advisor at Julius Baer told CNBC.
While the buzz word on the hill is taxes, you can also add trade. This week Congress has the three pending trade agreements before them- Panama, Columbia and Korea. Just like taxes, there are two sides to the trade issue.
Even though India is famous for it software industry, it hasn’t been a conducive environment for up-and-coming technology companies. The NYT reports.
David Morley, senior partner at Allen & Overy, joined CNBC to discuss how Asia will come to dominate the global economy through high consumer demand and stable economies.
Mohan Singh, Head of Asian Consumer Equity Research, MF Global believes that Esprit's growth is likely to come from emerging markets like India and China.
The day's non-business news, including a plane that crashed into a crowd during the Reno Air Show, a pickup truck in Michigan lost control and slammed into an oil exchange business, and rescue efforts are underway after an earthquake hit Northeast India.
Andrew Pease, Investment Strategist at Russell Investment Group, says China and India are standout markets in Asia, in terms of value.
Taimur Baig, Chief Economist India, Indonesia & the Philippines at Deutsche Bank, previews the upcoming RBI meeting.
"Supplying to China, India and parts of South Africa helped us [Continental Coal] grow," Don Turvey, CEO of Continental Coal, told CNBC.
Girija Pande, Chairman, Asia Pacific of Tata Consultancy Services, believes the IT sector will remain resilient despite potential financial turmoil.
When the Reserve Bank of India meets on Friday to take a decision on whether or not to hike interest rates, inflation will be its key focus given the more-than-expected increase in the Wholesale Price Index in August
While there are reasons to be bullish now on emerging markets, future opportunities turn to non-BRIC countries.
Nokia, the Finnish telecoms company, has hit back against claims that it pays below the living wage at its biggest phone factory in India, which were made by Finnwatch, the human rights organization. The FT reports.
Emerging markets are being called upon to do the global economy’s heavy lifting, causing some investors to rush into the asset class, while giving others pause that a bubble is beginning to form.
Indians have been flocking to Italy, with thousands helping to support the dairy industry. The NYT reports.
"With rolling debt crises blasting Western economies already weakened by the recession, hopes are resting on the developing market dynamos of Brazil, Russia, India and China to power countries and corporations back to growth. Keeping those engines humming is due, to a greater and greater extent, to the new power of women," according to these authors.
Andrew Pease, investment strategist (Asia Ex Japan) at Russell Investment Group, thinks that Asian stocks' current valuations is still a bit pricey compared to the rest of the world but continues to favor China and India.
Calls for protectionism make no sense in today's global economy and globalization was not responsible for the economic downturn, despite some claims to the contrary by politicians, Pascal Lamy, Director General of the World Trade Organization told CNBC.
A look at where gold prices are headed and who are the largest buyers of the precious metal, with Jason Toussaint, World Gold Council, and CNBC's Bob Pisani.