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March 2018
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Bloomberg (February 8)

2018/ 02/ 11 by jd in Global News

“Boosted by an expanding middle class, India and Indonesia will enter the ranks of the five largest, as well as the fastest growing air-passenger markets by 2036. China will post the quickest passenger growth and also overtake the U.S. as the biggest air-travel market. Turkey rounds up the top five markets that are expanding at the fastest pace.”


The Indian express (February 1)

2018/ 02/ 04 by jd in Global News

“This is a revolutionary Budget. It has major, big-ticket announcements which will help India take a giant leap in our aspirations to establish a New India.” Perhaps the most ambitious is a measure to expand health insurance to half a billion people. “With this added health cover benefit, we can be truly proud of being a growing economy with concerns of the marginalized and the disadvantaged being well taken care of. In a way, this is a redistribution of wealth generated in favour of the poor and the impoverished.”


The Economic Times (January 24)

2018/ 01/ 25 by jd in Global News

Prime Minister Narendra Modi is usually an inspiring speaker, “but little of that was on display…. when Modi took the stage at the World Economic Forum in Davos this week.” Though he hit some strong notes, “it wasn’t clear what, concretely, India would do to persuade or win over waverers; how it would forge new alliances and blaze new trails to progress….. Davos didn’t want India to sell itself to the world; it needed India to lead.”


The Economist (January 20)

2018/ 01/ 21 by jd in Global News

“China still lags far behind America in its space accomplishments, but it does not appear bent on a cold-war-style race. It spends far less on its civil space programme than the $19.7bn that NASA was allocated last year.” Still, “China is doggedly pursuing its goals” and is attuned to the progress being made by India, which “is planning its first soft-landing on the moon in March,” just four years after China’s moon landing. With India set to overtake China as the world’s most populous nation in the next four years, China is keenly aware that its still smaller neighbor is in hot pursuit.


The Economist (January 13)

2018/ 01/ 15 by jd in Global News

“To many, India feels like the heir apparent. Its population will soon overtake its Asian rival’s. It occasionally grows at the kind of pace that propelled China to the status of economic superpower.” But there is one big snag in many marketers’ dreams: India’s middle class “scarcely exists.” Only 8 million Indian adults make $20,000 annually and “the chances of India developing a middle class to match the Middle Kingdom’s are being throttled by growing inequality.”


WARC (December 11)

2017/ 12/ 13 by jd in Global News

“While China’s slowdown will continue to influence the economic landscape for other Asian markets – many marketers have seen budgets cut – bright spots are emerging, particular as India’s ‘mainstream’ consumer demographic continues to grow at pace.” Now expected to outpace China, India looks poised to add more mainstream consumers than China over the coming decade.


Fortune (November 27)

2017/ 11/ 29 by jd in Global News

“Mumbai International Airport handled a combined 969 flights on Friday. That’s more than any other airport that operates a single runway has ever handled over a 24-hour period.” With 1,000 flights a day in sight, Mumbai is experiencing rising demand and India is soon “set to be world’s third largest aviation market after China and the United States.”


USA Today (August 30)

2017/ 09/ 01 by jd in Global News

“Climate change didn’t cause Harvey, but it almost surely made the storm worse.” And extreme weather “isn’t just happening in North America. Even as Harvey riveted the nation’s attention this week, the death toll topped 1,000 from unusually severe monsoonal rains half a world away in Bangladesh, India and Nepal.” With such destruction creating “a torrent of human misery, the question isn’t whether the nation can afford to get serious about global warming. We can’t afford not to.”


The Economist (June 24)

2017/ 06/ 26 by jd in Global News

“Mr Modi’s admirers paint him as the man who at last unleashed India’s potential. In fact, he may go down in history for fluffing India’s best shot at rapid, sustained development. And the worries about a still darker outcome are growing.”


Institutional Investor (June 4)

2017/ 06/ 06 by jd in Global News

Due to Brexit, “sovereign investors now consider the U.K. less attractive than they did a year ago and are instead favoring investments in Germany and India as part of a broader move to so-called safe haven markets.” The change in sentiment was identified through a survey of “sovereign wealth funds, state-owned pensions, and central banks polled by Invesco.”


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