Courtesy: wikimedia/commons
Brazil is all set to host the 6th BRICS Summit from July 15. In light of the fact that most developing nations have concerns over the pro-western bent of the World Bank and the IMF, the BRICS initiative of setting up of a Development Bank needs to gain momentum and the nations should finalise the mandate on a priority basis
Courtesy: narendramodi.in& independent.ie
By inviting SAARC heads to his swearing-in ceremony, India's new prime minister Narendra Modi has made a good start. However, he must now work to strengthen relations with our neighbours and the first step is to reach out to Bangladesh and its pro-India prime minister Sheikh Hasina
Courtesy: Press Information Bureau
As the Asian Development Bank – the region’s leading international financial institution – prepares to convene for its annual meeting in Astana, Kazakhstan, it needs to reassess its approach to address the reality beyond the glowing headlines of a region on the rise
Courtesy: rajkumari1220/Flickr
India’s political and economic future will be determined over the next few weeks. Gateway House recommends a priority diplomacy agenda for the next government – one which puts economics at the heart of our foreign policy
Courtesy: GOV.UK/Flickr
A slumped arms industry and the U.S. shale gas sector will gain from NATO’s threat of stricter sanctions and suspension of Russia from the G8. BRICS has protested, but unless we consolidate alternate international financial structures, even other big economies like India can eventually be the targets of sanctions
A new equation is emerging between the BRICS countries and the informal grouping of the most industrialized economies, called the G8. The G8 has been reduced to G7 following Russia’s suspension. Of late, BRICS have taken an assertive stand against the G8 in economic as well as the geo-political fora
Debabrata Saha, former Indian Ambassador to Ukraine, talks about the ongoing crisis in Ukraine and its likely impact on bilateral trade ties. In an interview to Gateway House, he also examines India’s position on the crisis in the backdrop of worsening U.S.-Russia relations
Courtesy: G20 Taskforce, Department of Prime Minister and Cabinet
After 2008 the G20 framed guidelines for emerging economies to coordinate their financial actions with the developed world. But the US’s backtracking created havoc in many countries. Now, after the recent G20 meeting, it may be time for the RBI to reconsider some financial measures, which India took in good faith
Courtesy: Foreign Affairs
When the average growth rate in emerging markets hit over seven percent a year in the last decade, forecasters hyped its implications. Today, more than five years after the financial crisis of 2008, the euphoria seems to have waned
Courtesy: Prime Minister's Office
The India-ASEAN Free Trade Agreement in services and trade will allow India to leverage its competitive offerings in IT, finance, among other fields. But the pact has proved elusive so far due to the open squabbling between ministries. The deal now looks set to come through only after the new government takes over
