Courtesy: Sikh24
Finance Minister Arun Jaitley’s first budget on July 10 is expected to provide an insight into India’s global economic diplomacy. It should indicate the direction of policies on Foreign Direct Investment and on energy security
Courtesy: wikimedia/commons
Brazil is all set to host the 6th BRICS Summit from July 15. In light of the fact that most developing nations have concerns over the pro-western bent of the World Bank and the IMF, the BRICS initiative of setting up of a Development Bank needs to gain momentum and the nations should finalise the mandate on a priority basis
Courtesy: Telegraph.co.uk
Indian security establishments are closely monitoring developments in West Asia in the wake of the recent threat against India by the Islamic State and the Al-Qaeda. While the possibility of terror violence cannot be ruled out, careful attention needs to be given to the attempts to spread Wahhabi ideology in India
Courtesy: wikimedia\commons
The growing ISIS-driven violence in Iraq highlights India’s vulnerability to the turmoil in West Asia: we heavily depend on the region for our energy. To insulate the country’s energy security from the upheavals, India must urgently diversify its sources and types of fuel, and develop its own energy ecosystem
Courtesy: Ministry of External Affairs
Relations between India and Bangladesh have been limping along a road paved with good intentions, but little action. Will the new government in Delhi make things better or worse for its smaller and weaker neighbour? There are concerns, but there is also optimism, that Prime Minister Narendra Modi may be the man to do business with
Courtesy: Gateway House
The deliberations during a India-Pakistan young scholars’ workshop in the historic city of Istanbul held out a renewed hope for the bilateral relationship and a genuine desire for peace. The magnificent city of Istanbul offered an excellent backdrop to the serious, often heated discussions.
Professor Madhav Nalapat, the director of the School of Geopolitics at Manipal University talks of the Wahhabi winter sweeping West Asia. In an interview to Manjeet Kripalani, Co-founder, Gateway House, he speaks of the need to include regional experts and religious leaders to deal with its impact on India
Courtesy: Ken Hodge/Wikimedia Commons
The BJP government can begin to address regional disparity, which is a drag on economic growth, by redirecting to the east and north-east some of the infrastructure and investment planned for LNG imports. This policy push, along with concessions for customers, can re-industrialise the region
Courtesy: Gateway House
A brief visit to Stockholm for a conference provided an opportunity to the author to participate in discussions on India under Prime Minister Modi. It also opened his eyes to many India related things in the Swedish capital
Courtesy: indiagiftspoint.com
For too long, India's intellectual elite and foreign policy establishment have ignored economic statecraft, focusing instead on the immediacy of security and political diplomacy. Now with Narendra Modi, a focused push to gain lost ground seems likely - and Indian business can play a vital role.
