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India Overhauls Foreign Ownership Rules

June 20th, 2016

Episode 750 of 1091 episodes

India is to allow airlines and other businesses to be 100% foreign owned. Jaideep Misra at The Economic Times of India gives us his analysis of the changes. Also in the programme, Nigeria's currency has tumbled by more than a quarter, as the government abandons efforts to prop it up. Nigerian financial blogger Arnold Dublin-Green explains the change in policy. With just a few days to go before Britain votes on whether to leave or remain in the European Union, we return to two businesses on opposite sides of the debate that we spoke to in February. Robert Lawson from Diamond Dispersions and Simon Boyd of John Reid and Sons tell us whether their views have changed after four months of campaigning. We hear about an electoral triumph for Italy's anti-establishment Five Star Movement. Ferdinando Giugliano from La Repubblica newspaper explains the significance of the party's successes in Rome and Turin. And Lucy Kellaway explains why breaking her arm gave her a fresh perspective on being efficient at work. (Picture: Indian Prime Minister Narendra Modi. Picture credit: Getty Images.)

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