Courtesy: wikimedia.org
Global markets stumbled across all asset categories in the first two weeks of 2015. With the domestic economy showing signs of improvement, structural improvements are now needed to shield the Indian economy from such shocks
Courtesy: MEA/Government of India
India’s engagement with Africa currently is trapped in a discourse from another era. With a change in governance structures and demographics, African countries are keen to elevate the level of trade and investment ties. India is in an advantageous position due to historical linkages but China and the U.S. are already ahead in the game
Courtesy: globalsherpa.org
The Indian government has undertaken a massive financial inclusion scheme to bring bank accounts to the poor. But poverty alleviation needs to be addressed at multiple levels for which the Latin American example of using targeted and customised conditional cash transfer programmes can help India
Courtesy: Getty Images
The U.S. has finally ended its outdated policy of isolating Cuba. It is a triumph for the proud and courageous Cubans who have withstood so many overt and covert destabilisation attempts by the U.S. It is also a victory for Latin America which has opposed the U.S. embargo and advocated normalization of relations with Cuba
Courtesy: Narendra Modi (wikimedia.org)
A major theme at the multilateral summits this month was connectivity, with China at the forefront. India is trailing behind due to a shortfall in investment and political will, among other factors. Prime Minister Modi must follow up on his meetings at the SAARC Summit by robustly taking forward India’s connectivity agenda
Courtesy: Newscom.com
The reelection of President Dilma Rousseff means continuation of the slow growth of the Brazilian economy and a lower likelihood of much-needed, major political and economic reforms. India should lower its expectations on a global partnership with Brazil
Courtesy: wikimedia
There is a sense in Washington that if the U.S. is not tough with India, it will send a wrong signal to other countries. But the ongoing investigations by the Obama administration into India’s IPR regime and trade practices have become an unpleasant part of doing business with America
Courtesy: wikimediacommons
India faces heightened geoeconomic risks as the U.S. exits its unconventional monetary policy and the value of the dollar appreciates against major currencies. We can mitigate the risks with a multilateral safety net to provide liquidity, and by attracting FDI through the ‘Make in India’ programme
Courtesy: aitonline.tv
The imposition of sanctions by Western countries on Russia has conflagrated the Ukrainian crisis with both sides indulging in an asymmetrical sanctions game. The hardening of positions has caused the Russian and the European economies to suffer, with no end in sight for the conflict
Courtesy: wikimedia
India’s decision to block the Trade Facilitation Agreement at the World Trade Organisation in July was perplexing; the confusion was compounded because India was almost alone in its position. This policy perspective explains the reasons for India’s curious stand