Courtesy: Chandraguptamaurya/ Wikimedia Commons
In the face of a sagging rupee and FDI flight from the country, three top ministers recently visited the U.S. to retell the growth story of India and its potential. However, American political and business leaders seem largely unimpressed by the pitch and want more from the India-U.S. equation
Courtesy: Sameer/Gateway House
In Cinasthana Today, P.S. Deodhar suggests that both India and China must forge deeper economic relations to maintain the momentum of growth and make this an Asian century
Courtesy: Wikimedia Commons
Both Indian Defence Minister A.K. Antony and Pakistani Prime Minister Nawaz Sharif visit China this week. However, their objectives are different. Antony visits China to bring up security issues in the aftermath of the Depsang incursion, while Sharif makes his visit in hope of bettering his flailing economy
Courtesy: MEAphotogallery/ Flickr
In 2012, Iraq emerged as India’s second largest crude oil supplier thereby shifting focus back on bilateral relations. However, India’s historical and cultural connection with Iraq, as well as common geopolitical concerns, reveal that relations have the potential to go beyond oil
Courtesy: NASA's Marshall Space Flight Center/Flickr
An increase in the global demand for rare earth elements, used in high-technology industries, coupled with limited supplies on Earth, has accelerated extra-terrestrial exploration. International cooperation and competition for these space-based resources will determine the next human footprint and race in space.
Courtesy: Penn State Outreach/Flickr
The significant shale gas deposits held by several countries, including India, have implications for global energy prices, geopolitics and climate change. But India needs to develop a strong shale gas policy that can help in lowering its trade deficit while ensuring sustainable development.
Courtesy: Center for American Progress/ Flickr
The upcoming India-U.S. Strategic Dialogue offers an appropriate platform to move past complaints both sides have against each other in the trade and economic spheres. The stage can be used to re-apply emphasis on strategic relations and reach levels of goodwill established during the time of former U.S. President George W. Bush and Manmohan Singh
Courtesy: NRCgov/ Flickr
India-U.S. bilateral trade stands to benefit if U.S. Secretary of State John Kerry is able to seek clarification on the specificities of the Civil Liability for Nuclear Damage Act and alleviate the worries of American energy companies which fear paying monetary damages without limit in the event of a nuclear accident
Courtesy: Center for American Progress Action Fund/Flickr
The U.S. Secretary of State’s visit to India comes at a time when India is witnessing significant realignments in its domestic politics while the U.S. is busy tackling its cyber-spying allegations. Amidst these preoccupations, will the upcoming India-U.S. talks churn out substantive outcomes?
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Keeping subsidiaries of multinational corporations publicly-listed in India exposes minority shareholders to the risk of unfair treatment by favouring the majority shareholders. In some cases, it leads to transfer pricing transactions that hurt the country’s revenue. Delisting MNCs is one way to address this problem