US Senate 2 Courtesy: U.S. Senate/Wikimedia Commons
24 June 2015

Critics of Iran nuclear deal press on

Hardliners in the U.S. argue that the Obama administration’s eagerness to declare success has given Iran an advantage in the negotiations on its nuclear programme. Even if the agreement between the U.S., its partners, and Iran is finalised in the coming days, Obama has the tough task of convincing the U.S. Congress to lift sanctions

UN_Yoga_Day Courtesy: MEA Flickr
18 June 2015

International yoga day

The growing popularity of yoga across the world—highlighted by the International Yoga Day on June 21—is a triumph for those seeking to promote holistic knowledge systems and therapies for human well-being, and the recognition by the UN could strengthen public spending in support of such therapies across the world

anti-US-protests-in-Tehran-1 (Marzieh Soleimani) Courtesy: Marzieh Soleimani, Islamic Republic News Agency
17 June 2015

Iran deal: hardliners in Tehran

Iran's nuclear deal deadline is looming large, and sparks are already flying. While there is opposition to the deal from Israel, within Iran there are powerful interest groups driven by ideology and business interests, who are doing as much as possible to prevent a deal from being reached

An engineer of Oil and Natural Gas Corp (ONGC) works inside the Kalol oil field in Gujarat September 12, 2009. REUTERS/Amit Dave/Files Courtesy: Amit Dave (Reuters)
16 June 2015

Rosneft-Essar deal

Conjecture about a Rosneft-Essar deal shows how the oil market dynamics have shifted in the past few years. Just as supply security is important to oil buyers, demand security is crucial for oil suppliers. Buying refining and marketing assets in big markets like India is the route to demand security for Russia, whose economy depends on petroleum exports.

Modi walking Courtesy: Ministry of External Affair, Flickr
11 June 2015

Bangladesh and beyond

Prime Minister Narendra Modi’s completion of the South Asia circuit demonstrates the importance of the neighbourhood in his government’s foreign policy. The improved perception of India in the neighbourhood, especially in Bangladesh and Sri Lanka, is a positive, but the neighbours must recognise that India’s federal structure makes decision-making slower and more difficult on issues that affect neighbouring Indian states like West Bengal and Tamil Nadu.

Petrobras Courtesy: Wikimedia Commons
11 June 2015

The rise and fall of Petrobras

Petrobras, which rose to become the fourth largest company in the world, is now battling a serious corruption scandal that has left its reputation in tatters. How did this global oil major scale such heights spectacularly and and then fall so low? There are lessons in this for India’s public sector oil companies.