Investments & Pensions Europe (November Issue)
“In India, where there is next to no focus on ESG, there is a growing realisation that externalities matter in areas like water management or rice production, which is highly water intensive. A small but growing band of investors is seeking to put ESG on the map.”
Tags: ESG, Externalities, India, Intensive, Investors, Rice production, Water management
Washington Post (September 27)
“In the case of Ukraine, the president is accused of using the awesome power of the United States…to serve his personal political gain. Sadly, this is part of a pattern of violations of democratic norms.” While “Trump is a particularly egregious example” he fits a “global trend” of misbehavior that extends to British Prime Minister Boris Johnson, Indian Prime Minister Narendra Modi, Philippine President Rodrigo Duterte, Turkey’s Recep Tayyip Erdogan and Hungary’s Viktor Orban.
Tags: Democratic, Duterte, Egregious, Erdogan, Hungary, India, Johnson, Misbehavior, Modi, Norms, Orbán, Philippines, PM, Political gain, Power, Trump, Turkey, U.S., UK, Ukraine, Violations
Bloomberg (September 17)
Global investors have “sold $4.5 billion of Indian shares since June, on course for the biggest quarterly exodus since at least 1999.” That’s roughly a tenth of their total investment during the previous six years. “India’s economic growth has decelerated for five straight quarters.” India could now experience “a structural slowdown that pummels the country’s $2 trillion stock market, throws a wrench into growth plans of international companies from Amazon.com Inc. to Netflix Inc.,” and diminishes job prospects “for the millions of young Indians who enter the workforce every year.”
Tags: Amazon, Exodus, Global, Growth, India, Investors, Jobs, Netflix, Prospects, Shares, Slowdown, Stock market
Bloomberg (August 28)
“India’s economic numbers have for some time looked better than the facts warranted, feeding an overconfidence in New Delhi about the country’s prospects. Thankfully, that’s begun to change. The Reserve Bank of India, the International Monetary Fund, investment banks and ratings agencies have all recently cut their estimates of 2019 growth sharply.” This is “best news in years… India’s government finally seems to recognize the scale of the problems it faces.”
Tags: Economic, Estimates, Government, IMF, India, Investment banks, Overconfidence, Ratings agencies, Reserve Bank of India, Scale
Wall Street Journal (August 21)
“Water crises are unfolding all across India, a product of population growth, modernization, climate change, mismanagement and the breakdown of traditional systems of distributing resources. India is running out of water in more places, in more different ways, putting more people at risk, than perhaps any other country.” Though it is “the 13th most water-stressed country in the world,” India has a population three times “the combined population of the other 16 countries facing extremely high water stress.”
Tags: Climate change, Crises, India, Mismanagement, Modernization, Population growth, Resources, Risk, Traditional
The Times of India (July 22)
“After a technical delay, all of India followed the most recent launch of Chandrayaan-2. “Just like the World Cup, people were glued to TV sets to watch the launch of India’s second moon mission” and Lok Sabha, India’s Parliament, “paused during the House debate on Monday afternoon” to recognize the successful launch.
Tags: Chandrayaan-2, India, Launch, Lok Sabha, Moon mission, Parliament, Successful, Technical delay, TV sets, World Cup
New York Times (July 15)
India’s water crisis offers a striking reminder of how climate change is rapidly morphing into a climate emergency. Piped water has run dry in Chennai…and 21 other Indian cities are also facing the specter of ‘Day Zero,’ when municipal water sources are unable to meet demand.” The Prime Minister “has promised piped water for all Indians by 2024,” but that goal will never be met unless the government also focuses on harnessing “powerful natural water systems that worked in the past…. Mr. Modi’s government’s focus on huge projects is flawed because moving water works only if there is water to move.”
Tags: 2024, Chennai, Climate change, Crisis, Day Zero, Demand, Dry, India, Modi, Natural water systems, New projects, Piped, Water
Wall Street Journal (June 28)
As “the U.S. and India stumble toward a trade war,” it’s time to take a step back. “America has legitimate grievances, but both sides have a strategic interest in avoiding a serious conflict.”
Tags: Grievances, India, Legitimate, Strategic interest, Trade war, U.S.
WARC (May 28)
“In eight major markets, including the three largest, internet advertising already takes the majority of media dollars. The $107.5 billion spent on internet ads in America made it the dominant medium for the first time last year, while the balance tipped in China and the UK during 2016.” By the end of this year, “internet is expected to account for over half [52.7%] of media spend for the first time this year” in the key markets of “Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Russia, the UK and the US.”
Tags: Australia, Brazil, Canada, China, Dominant medium, France, Germany, India, Internet advertising, Italy, Japan, Major markets, Media dollars, Russia, the UK U.S.
CNN (April 11)
“Investors will be in wait-and-watch mode until polling ends and India’s new leader is elected on May 23. Whoever wins, business is unlikely to get the kind of boost seen in the last five years…. Still, analysts expect India to remain open to global investors no matter who is at the helm. And the country’s huge market of 1.3 billion people may simply be too tempting to pass up.”
