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?
Bloomberg L.P. is the leading global provider of financial data, news and analytics. Its clients include the world's central banks, investment institutions, commercial banks, government offices and agencies, corporations and news organizations in more than 126 countries.
Bloomberg L.P. offers its services under the banner of Bloomberg Professional® and Bloomberg Media. Bloombergs products and services drive investment decisions that affect millions of people and billions of dollars worldwide.
Bloomberg Professional® service is uniquely positioned within the financial services industry providing instant access to real-time and historical financial data 24 hours a day to more than 260,000 professionals.
It provides a combination of data, analytics, electronic trading and straight-through processing tools on a single platform enabling access to more than 3.6 million financial instruments.
Bloomberg Media offers news service, including television, radio, the Internet and publications. The financial newswire service, Bloomberg News®, has 1,700 reporters in 127 bureaus worldwide who write more than 4,000 news stories every day.
Bloomberg Television reaches more than 200 million homes worldwide via 10 networks in seven languages. It features a signature multi-screen format delivering news, data, market updates, breaking news and weather. WBBR, the flagship radio station of Bloomberg Radio syndicates reports to more than 840 radio stations worldwide.
Michael Bloomberg, mayor of New York City, U.S., founded Bloomberg L.P. in 1981. Prior to founding the company, he was general partner at Salomon Brothers, where he headed equity trading, sales and, later, systems development.