• Friday, April 19, 2024

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Comment: BRITAIN AND INDIA’S FINANCIAL RELATIONSHIP CAN FLOURISH

Masala bonds: Nikhil Rathi (left) with India’s high commissioner YK Sinha, Indian minister Nitin Gadkari, deputy high commissioner Dinesh Patnaik, and FCO minister Alok Sharma

By: Rithika Siddhartha

by NIKHIL RATHI CEO, London Stock Exchange plc EIGHTEEN months ago I was at Wembley Stadium, among a crowd of 60,000 Indian diaspora, watching prime minister Narendra Modi hail the “special relationship” between India and the UK. Nikhil Rathi Talking about his plans to develop India into an economic superpower, he was clear: “India is capable of fulfilling these dreams.” And it is easy to understand why. India is the fastest growing major economy in the world and has embarked on a massive programme of economic and structural reform to drive sustainable economic growth. As a result, there is a pressing…

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