Courtesy: PMO
The India-Russia relationship has seen much progress over the past year - 30 MoU's were signed, two Russian nuclear reactors were set up in India and visa regimes have been eased considerably. But will this be enough to lift the relationship from the benign neglect of the past?
Courtesy: Gateway House
There is an immediate need for observance of good governance in regulation and a restructuring of the regulatory architecture. Key to this is the recovery of ground lost by the regulator in ensuring market integrity
Gateway House’s Hari Seshasayee interviewed Nicolas Krul. A stout defender of European unity, Krul discussed the origins of the crisis, the lessons learned, possible solutions and the opportunities for the emerging world.
Courtesy: Niyantha/Flickr
With increasing debt and recession in the West, it seems no longer fitting for the rest of the world to follow traditional Western financial models. India’s long experience of capital markets, with its conservative and ‘inclusive’ financial regulatory system, on the other hand, makes for a compelling case study.
Courtesy: www.kremlin.ru/Flickr
In a reversal of historical roles, the BRICS nations may be coming to Europe’s rescue. During the Asian Financial Crisis, the International Monetary Fund (IMF) introduced structural adjustments in return for IMF loans, and many institutions and individuals went bankrupt. Will it be any different now?
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A decade after 9/11, the U.S. has prevented further terrorist attacks - a major achievement. But with a $1.3 trillion budget deficit, a debt downgrade, and 24 million Americans searching for jobs, the U.S. needs to attend to matters at home rather than intervening in the world's affairs.
The economic turmoil in Europe and the U.S. has affected financial markets globally. India too witnessed a fall in its stock market and investments have slowed. Gateway House’s Samyukta Lakshamn speaks to S.P.Kothari (Massachusetts Institute of Technology), about the challenges that lie ahead for India.
Courtesy: WorldEconomicForum/WikimediaCommons
While the U.S. political leadership is stuck with extreme positions led by the Tea Party, India’s politicians do not seem to have a position at all. It is imperative for India’s political leadership to exercise prudent fiscal leadership to ensure that economic growth is balanced and equitable.
Courtesy: FourthFloor/Flickr
Despite their economic downturns, domestic tensions keep developed countries from embracing the revitalizing potential of foreign workers. Ambassador Neelam Deo argues that India should continue to leverage its history of diversity and capitalize on a world more open to the free flow of goods and services.
Courtesy: dilmarousseff/Flickr
As Europe stands united in its support for France's Finance Minister Christine Lagarde as a candidate to head the International Monetary Fund, many have begun to question if BRICS is truly an effective and united bloc. Will they be able to put forth a candidate all emerging countries can support?
