This daily column includes Gateway House’s Badi Soch – big thought – of the day’s foreign policy events. Today’s focus is on China’s desire for negotiations on the China-India Regional Trade Arrangement.
This daily column includes Gateway House’s Badi Soch – big thought – of the day’s foreign policy events. Today’s focus is on the negative outlook S&P has kept in place for India’s sovereign credit rating.
Courtesy: Flickr/CreativeCommons
In the coming decade, India and China are set to achieve a historic $100 billion bilateral trade volume. But India’s concerns over growing trade imbalances and market access need to be addressed so that the two neighbouring economies can forge a more sustainable and mutually beneficial partnership
This daily column includes Gateway House’s Badi Soch – big thought – of the day’s foreign policy events. Today’s focus is on the $500 million fine levied on Ranbaxy by the U.S. Food and Drug Administration.
Courtesy: Ed Gaillard/Flickr
Following the 2008 mortgage crash, the U.S. Federal Reserve Board implemented a quantitative easing policy – to stabilise the banks, and rejuvenate the economic environment. Although this strategy has brought some respite, it has done so without creating many new jobs for Americans.
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Subsequent to the global financial crises of 2007, while several countries were still struggling with economic problems, Latvia managed to dramatically decrease its public debt, and its GDP too grew at an impressive pace. How was this success achieved and at what cost to the people of the country?
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At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains
The establishment of a BRICS Development Bank will be among the prime topics of discussion at the BRICS Summit on March 26. Gateway House’s Akshay Mathur interviews former Indian Ambassador and Foreign Secretary, Shyam Saran, on the prospects and viability of alternate financial architectures.
Courtesy: MEAIndia/Flickr
The steps taken by the Indian government to enable private sector involvement in ASEAN have been hesitant. After the recent ASEAN summit in New Delhi, it is time for greater coordination of Indian private industry with government-to-government interaction, which will benefit all members, including India.
