New Emerging Global Trends
Ambassador Neelam Deo, Director, Gateway House delivered a lecture at the West Bengal National University of Juridical Sciences, Kolkata on 30 January, 2016.
Ambassador Neelam Deo, Director, Gateway House delivered a lecture at the West Bengal National University of Juridical Sciences, Kolkata on 30 January, 2016.
The common Indian complaint is that, despite a global trend of falling crude oil prices, the price of petrol has not reduced. However, if the dollar price is examined with the price of oil, it becomes clear that Indians are paying less for fuel now than they would have, had the 2003 pricing trend continued.
The controversy surrounding Facebook’s Free Basics in India highlights a key dilemma currently faced by policy makers and private entrepreneurs who wish to foster, not just ‘inclusion’, but business models which foster economic democracy.
Is China actively building up its maritime presence in the Arabian Sea, to dominate vital sea lanes and perhaps encircle India with a chain of naval bases? There can be little doubt that China views Gwadar as a potentially useful asset. China, however, will know better than anyone that Gwadar has two considerable limitations.
India has long sought China over Taiwan, so is it too late to rectify foreign policy? The recent election results in Taiwan have upset China as China fears it will lose control over Taiwan. Gateway House interviews noted China expert Professor Nalapat to get his take on Taiwan's new president-elect and what lies ahead for tenuous Sino-Indian-Taiwan relations.
India could save $80 billion annually if oil prices stay at the current 12-year low. Policy-makers must use this opportunity to lock-in energy prices for the long-term. Financial markets, through futures and options, offer a way to make these savings permanent, and the Ministry of Finance must formulate ground rules for hedging.
India’s merchandise exports have now contracted for 13 months in a row, reflecting the global slowdown and impact of China’s economic recalibration. But, therein lay new opportunities and challenges for India’s economic diplomacy
Former United States Ambassador Frank Wisner talks to Gateway House about the progress of U.S.-Iran relations in the aftermath of the P5+1 nuclear deal with Iran, including the U.S. response to Iran’s testing of a missile. He also discusses the U.S. perspective on India’s prospective APEC membership.
In his last and final State of the Union address, President Obama reasserted the United States’ global supremacy as a military and political power. He claimed credit for the historic Iran deal while conceding that Congress had maneuvered efforts on many crucial fronts
Village-scale solar powered minigrids are the most promising path for India to meet its linked aims of GDP growth and access to electricity for all. The Ministry of New and Renewable Energy is already active on this front, but a comprehensive and standardised national minigrid policy that facilitates private sector involvement and eases financing, will allow this model to flourish