South Asia Investor Review

"It may be dangerous to be America's enemy, but to be America's friend is fatal" Henry Kissinger India is emerging as the biggest beneficiary of the Ukraine War and the US efforts to check China's rise. Indian businesses are busting US sanctions to take advantage of the vacuum left in Russia by the exit of western businesses since the start of the Ukraine War.  At the same time, the US is rewarding India by promoting it as an alternative to China in the global supply chain.  Meanwhile, Beijing is warning New Delhi that India "will be the biggest victim" of America's "proxy war" against China.  L to R: Modi, Putin, Xi and Biden Soaring Russia-India Trade:  Since the start of Russia's invasion of  Ukraine , India has ramped up its imports of  Russian oil  by a whopping 33 times, according to the  Christian Science Monitor .  Dr. Nivedita Kapoor, an Indian expert at the Higher School of Economics in Moscow, told the Monitor: “Right now the...

Super Bowl XLII As New England Patriots meet New York Giants for Super Bowl XLII tomorrow, there is the usual annual excitement among the football fans planning for Super Bowl parties around the country. In addition to being a great sporting event, Super Bowl has also become a gigantic commercial extravaganza for a whole range of businesses. For example, the media are the big beneficiaries of the multi-million dollar TV commercials by major consumer product giants. The consumer electronics stores sell a lot of large-screen high-definition TV sets and home theater systems. And the grocery giants attract a lot of spending just for this event. That's not all, even the furniture stores benefit from major furniture sales just prior to the event. In short, this event by itself creates a significant stimulus to the economy on an annual basis. TV Sales Last year, US retailers sold 61 percent more TVs the week before the Super Bowl compared with the previous week, according to NPD group in ...