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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.
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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.
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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
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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
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China's decision to relax its “One Child Policy” will have a lesser impact on tackling the country's looming demographics crisis than people expect. In contrast, India has seen its population growth rate adjust naturally, helped by non-coercive family planning policies.
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The Pathankot attack reflects a new template of terrorism and is a reminder that India needs a well-coordinated approach to security emergencies. This is particularly necessary as the country has embarked on a bold foreign policy path, daring to tread where we have not gone before, intensifying existing and new engagements and trying to functionalize dysfunctional bilaterals like Pakistan
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If India enters the Afghanistan-Pakistan Trade and Transit Agreement, as external affairs minister Sushma Swaraj said at conference in Islamabad in December, it will boost regional trade and connectivity—both priorities of the Modi government. But Pakistan stridently opposes India’s entry into the agreement. What are the alternatives?
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The odd-even formula has the advantage of having involved leaders as well as common citizens. The Government must now improve air quality by urgent measures across a wide front in Delhi, and then in the entire NCR.
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Despite the Venezuelan opposition's victory in the December 6 legislative elections, 2016 will likely see a rise in political confrontations and a deepening economic crisis in Venezuela. The India-Venezuela bilateral will remain mostly unaffected and continue to be focused on oil.
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