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.

Iron ore Courtesy: Peter Craven/Wikipedia
3 June 2015

India-China deficit: beyond iron ore

A distinguished Chinese scholar, speaking at a BRICS forum in Moscow recently, ascribed the growing India-China trade deficit to India’s ban on iron exports. While this contention is partially true, the data does not validate this argument, and nor does his view account for the other reasons for the deficit

info7- Pacific Alliance Courtesy: www.info7.com
2 June 2015

The Pacific Alliance & India

The Pacific Alliance—Mexico, Colombia, Peru and Chile—is one of the newest and most vibrant regional groupings in Latin American. Apart from the liberal foreign trade policies of these countries, they also have higher growth and lower inflation rates than their neighbours. India’s trade with the grouping has been growing, and as an observer member of the bloc, there is scope for much deeper engagement.