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China-centric global supply chains, the backbone of East Asia’s prosperity, are shifting out as tensions over tariffs and strategic contest between the West and China soars. Ganeshan Wignaraja, Professorial Fellow, Economics and Trade, Gateway House, discusses diversifying supply chains, the China plus one strategy, and the role of India as a supply chain magnet for its South Asian neighbours.
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India’s story reads like a Bollywood script – unbelievable and insane to those who fail to decode its success. The most discernable change is internal, as ‘India’ and ‘Bharat’ coexist. India has stopped feeling and thinking poor; it’s right up there with the biggies. Maybe not invited to the high table yet, but has set up its own and invited the rest to the lavish banquet.
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The foreign policy of the new government in India will likely be a continuum from previous years. But as election outcomes in other parts of the democratic world witness a transformation, India should prepare for flexibility in its policy – and keep up its guard.
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The authors convincingly analyse the bewildering diversity, size and scale of the challenges of South Asia in a volume that is a rare treasure for those interested in deciphering the history, ethnic identities, colonial legacy, political economy, environmental risks, and geopolitical dynamics of the region.
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India’s new government has to navigate the nation through a world in turmoil. Will its successful foreign policy continue? Or will there have to be shifts and changes to accommodate new realities?
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Recent changes in Belgian and EU tax law and regulation have resulted in some Antwerp-based Palanpuri Jain diamond traders shifting base to the newly booming Dubai diamond market. But Antwerp dominates the diamond business for this enterprising community, where 400 families continue to stay and use it as a gateway to the European market for diamonds cut and polished in Surat and Mumbai in India.
Courtesy: Business Insider India
Since 2014, India has been deliberate in its efforts to build stronger ties across Africa. It is characterised by high-level visits, increased diplomatic presence and the integration of the African Union into the G20. The continent’s significance will only grow. India must continue to deepen cooperation across the political, security, economic, and socio-cultural domains and promote Africa’s interests.
Courtesy: Business Standard
As 960 million Indians set out to cast their votes in the on-going electoral fray, a good number will be concerned with India’s global image and policy, now more front-and-centre than ever before. The contesting political parties have differing views of how India should engage internationally. How will these resonate with the vast electorate? The foreign policy agendas in the various party manifestos are worth assessing.
Courtesy: The Times of Israel
Grey zones have blurred the frontiers of conflict and peace worldwide, creating ambiguous wars of complex scenarios and labyrinths that have transformed strategic foresight and the international and national security landscape. In these arenas, multiple options are available, where regional powers' ascertainments converge with the poker game of political, diplomatic, economic, and military interests, as well as the operations of state and non-state actors.
Courtesy: Shapoorji Pallonji
The Reserve Bank of India entered its 90th year on 1 April. From the 1940s to 1960s it was critical in protecting India’s interests at the Bretton Woods Conference in 1944, and conserving India’s Forex by managing a Rupee trade with the East Bloc. Today, it is among Mumbai’s several historic financial institutions and has navigated India’s economy through turbulent geopolitical and geoeconomic events.