Courtesy: Jeremy Edmunds/Flickr
Efforts to reform credit rating agencies after the 2008 financial crisis have failed to address concerns about their ability to assess a nation’s financial status. Issues like private interests and a disregard for the diversity of development models have made it imperative to think of a new multilateral agency
Courtesy: Agnostic Preachers Kid/Wikimedia Commons
To navigate the U.S. away from the huge monetary stimulus, the Federal Reserve has initiated tapering. But in an integrating world, the emerging economies, especially India, China and Brazil, will see collateral liquidity damage. How will the Fed enforce its mandate? How will central banks in emerging markets react?
Courtesy: Jeremy Edmunds/Flickr
The issue of gas pricing is in the public discourse after the Aam Aadmi Party questioned the logic of linking domestic prices to global rates. In the absence of a single global marker price, it is time India, and other large importing countries in Asia, develop a pricing mechanism that reflects regional realities
Courtesy: Press Information Bureau
The India-China Defence Dialogue is part of a joint effort to ensure peace along the LAC. The sixth round in New Delhi on 24 February included discussions on border protocols, security cooperation and exchanges in counter-terrorism. Along with these, India must also work on resolving the border dispute
Courtesy: Eugenio/Wikimedia Commons
A string of tragic accidents, an ageing fleet of sub-marines and a lack of vision are hampering the Indian Navy’s growth as a regional force. The new government will have to rethink the system of defence purchases and invest in indigenisation to optimise the strength of the Indian armed forces
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: Spike Call U.S Navy/Wikimedia Commons
The Indian Navy, through multi-lateral exercises, is increasing its sphere of influence and becoming a regional force. Yet, it needs to be supported by policy decisions that enable it to achieve its potential as a state-of-the-art establishment and a powerful tool in India’s diplomatic repertoire
Courtesy: MEA, UK in Italy/Flickr
The National Investigation Agency’s decision to charge the two Italian marines – who are accused of killing two Indian fishermen – has led to an uproar in Italy. The case, complicated by legal, diplomatic, political and security issues, has implications for India-Italy and India-EU ties
Courtesy: remy steinegger / Flickr
German President Joachim Gauck’s visit to India this week is a reminder of how Germany is addressing inequality, with better wages, benefits for the poorest, and other measures. When the gap between the rich and poor is growing globally, it is time for India’s prime ministerial aspirants to also focus on this issue
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