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Indias last three budgets, which can be seen as statement of economic policy, have focused on two major principles: to portray India as an attractive destination for capital, and increase in public spending to raise returns and attract private investors.
Uncertainty has descended upon the $150-billion Indian outsourcing industry in anticipation of the protectionist regime under President Trump. Protectionism has been a popular election rhetoric across nations, and more so in recent times. And the voting masses seem to like it. Will Trumps campaign cry for protectionism cross the boundaries of poetic drama and come alive as laws?
Ernst & Young
One of the world's largest professional services firms, Ernst & Young provides clients with assistance in all kind of business issues including audit, tax, corporate finance, transactions, online security, and enterprise risk management.
Its offices in more than 130 countries employ a total of over 77,000 people. With its main headquarters located in New York City, it has the largest tax consulting practice in the United States, and was rated 2001's best accounting firm by U.S. accounting professors.
The United Kingdom's Accountancy Age magazine selected Ernst & Young UK as its "Big Five Firm of the Year," for the third straight year.