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The Narendra Modi government came to power in India in 2014, promising "minimum government, maximum governance". Its roll-out of numerous government schemes meant that democracy and governance came before economic growth. But it returned Modi to power.Analysing the current debate on growth and governance the author explores how the sequencing of governance and economic outcomes is different in China, Turkey and India
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India can catalyse trading in oil on its domestic exchanges, and thereby adjust global oil prices so they reflect the changing patterns of global trade. In the process, this can help Indian companies and government reduce the risks arising from high energy prices. And in the long run, it can give India a more central position in the global financial system
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On 15 July, the Indian space programme will achieve a feat with the Chandrayaan-2 mission. Two challenges lie ahead: the speedy construction of Chandrayaan-3 and the development of a public-private ecosystem of space capabilities
Courtesy: Penguin
This book offers a ringside view of evolving Indo-U.S. ties under two conservative leaders, both engaged in mixing nationalism, religion and populism to advance the global capitalist order. The title points to an interesting departure from the more orthodox view of the bilateral relationship, which is usually from the prism of discord or estrangement
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The 2019 G20 Summit in Osaka on June 28-29, is the 14th meeting of the Group of 20 leaders. The G20 is the world’s most influential economic multilateral forum. It is the agenda-setting forum that develops and guides rules of global economic governance. Under the Japanese Presidency, this summit will be the first to discuss and establish the rules for the worldwide governance of data, including current hot-button issues like data localisation and data sovereignty. India has both a preparatory and a contributory role to play in the G20 this year. For in 2022, it will be the President of the G20. India must identify its agenda early on; its a weighty responsibility but also an opportunity to set the global economic agenda.
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The U.S.-China trade dispute and Australia’s concerns about China’s growing influence in its internal affairs and the neighbourhood present an opportunity for New Delhi and Canberra to step up their security engagement, bilaterally, and in the Indo-Pacific
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India’s foreign minister S. Jaishankar and U.S. Secretary of State Mike Pompeo have sorted through the India-US niggles and minutae, so that the substance of the bilateral can be advanced by their leaders who are meeting in Osaka this week
Courtesy: World Trade Organisation
The imminent expiration of the terms of some members of the WTO Appellate Body, with neither any signs of their extension nor appointments being made afresh, suggests that this crisis will intensify. An analysis of all that ails the WTO Appellate Body, and the implications this has for India and the multilateral trading system
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India is subtly adding four new elements in the policy matrix
Courtesy: IEEE Spectrum
The Basic Exchange and Cooperation Agreement for Geospatial Cooperation (BECA), the last of the India-U.S. foundational agreements, will enable India to avail of U.S. expertise on geospatial intelligence and to sharpen the accuracy of weapons and automated hardware systems used for military purposes. But the over-emphasis on imaging in the agreement overlooks the likelihood of a clash between the telecom and meteorological technologies, which can hurt India’s crucial capabilities in space-based weather forecasting and disaster management