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26 September 2019

Quad in the Indo-Pacific

The foreign ministers of the Quad countries meet for the first time in New York today even as the Indo-Pacific has turned into a keenly contested geopolitical arena. Some countries are offering to play a mediatory role while other triangular equations are also undergoing change. An analysis of some of the relationships at work here

GAS-ENERGY-Cementing-the-Partnership Courtesy: eGov Magazine
12 September 2019

Cross-investing for economic security

India and Russia need to invest more in each other’s energy sectors. This will help both countries to secure their energy markets, while protecting India against high energy prices and enabling Russia to hedge against low energy prices. Such investments also can help both countries bypass sanctions on key military hardware suppliers based in Russia.

feni-in-goa Courtesy: GoaVilla
22 August 2019

Lifting Indian spirits with a GI tag

India’s traditions are finally getting their due – with a Geographical Indication tag. This opens up a world of soft power for India. The first GI tag was given to Darjeeling tea. Now, after over a decade, the first ever GI store has opened at Goa’s airport. One of the Goan products on sale is feni, a popular local brew, which, with its new GI tag, can make a global splash

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22 August 2019

Japan in India’s North East

India and Japan have emerged close strategic partners, particularly in the current decade. They are cooperating for the economic development of India’s landlocked North East Region through connectivity building and infrastructure projects. The Modi government’s Act East policy has been a major impetus in the flow of Japanese assistance. Such cooperation also comes in direct response to China’s BRI

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15 August 2019

Sequencing Governance and Economic Growth

The Narendra Modi government came to power in India in 2014, promising "minimum government, maximum governance". Its roll-out of numerous government schemes meant that democracy and governance came before economic growth. But it returned Modi to power.Analysing the current debate on growth and governance the author explores how the sequencing of governance and economic outcomes is different in China, Turkey and India

23072016-BlueMosque3 Courtesy: LBB
14 August 2019

The Persian merchants of Bombay

Bombay’s trade with the Persian Empire grew rapidly in the 19th century because of regular steamship services between the city and prominent Iranian ports such as Bushire. The wealthy and public-spirited Persian merchants, who settled in Bombay, endowed their community with a religious and social infrastructure, in use even today

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8 August 2019

Africa’s ambitious path to trade growth

The African Continental Free Trade Area, launched in July, is a landmark achievement, aiming to eliminate tariffs on 90% of products covered by intra-Africa trade and thereby spur entrepreneurial initiative and job creation. It envisages many other gains as well, but the hurdles in their realisation cannot be wished away. An analysis

shutterstock_1042231621 Courtesy: Shutterstock
1 August 2019

A case for the petro rupee

India can catalyse trading in oil on its domestic exchanges, and thereby adjust global oil prices so they reflect the changing patterns of global trade. In the process, this can help Indian companies and government reduce the risks arising from high energy prices. And in the long run, it can give India a more central position in the global financial system