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Earlier in September, Raghuram Rajan took over as Governor of the Reserve Bank of India for three years. While his entry has indeed alleviated the gloomy market environment in Mumbai, there’s more that needs to be done. How can Mumbai reclaim the natural cosmopolitan and intellectual legacy it once boasted of?
Courtesy: Office of the President of Iran
In recent days, both the U.S. and Iran have intimated that they seek a broad improvement in relations, signalling a welcome thaw in bilateral ties. What does this mean for Tehran and Washington, and more importantly, how will this development play out in the West Asian region?
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Since 2009, distraction and dysfunction in India and the U.S. resulted in low enthusiasm vis-à-vis bilateral ties. Indian Prime Minister Manmohan Singh, who met U.S. President Barack Obama, prior to the UNGA, had one last chance to salvage India-U.S. ties before the country goes to elections in 2014. Did he succeed?
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It may take Chancellor Angela Merkel weeks to negotiate a new coalition, but the vote for stability means that change will only be at the margins of current domestic and foreign policy. Still, the fallout of the election in the EU and beyond, including in India, should not be underestimated
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The positive advances made by newly-elected Iranian President Hassan Rouhani and U.S. President Barack Obama at the 68th UN General Assembly indicates a strong potential for a thaw in Tehran-Washington relations. However, it will take sincere efforts from both sides to turn this into concrete reality. Can India help?
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India often finds itself in the right place at the wrong time or vice versa, as our dogma of non-alignment trumps honest calculations of self-interest in policy-making – rendering it unfavourable. The national interest, hence, calls for selective alignment on some issues with Washington and on others with Beijing
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Can the world aspire to a future where the use of force is not seen as leadership? Can the U.S. and former colonial powers like France and UK, think differently and reject the use of force as first resort? Can China and India craft alternatives?
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Indian manufacturing’s share of GDP has been stagnating. Some of the industry’s problems stem from a business culture of hierarchy and bureaucracy. But competitive pressure is forcing a transformation, and the new management models now being adopted can change how investors and customers perceive Indian companies
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India’s ability to meet its growing gas demand from shale depends on the availability of land and water, and minimising social and environmental costs. The government’s 2012 draft shale gas policy does not offer solutions. How can India create a stable investment environment for the shale gas market?
Courtesy: WikimediaCommons
Today, despite Indian exports to Peru expected to cross the $ 1 billion mark in 2014, we are at a disadvantage vis-a-vis the exports from Peru's free trade agreement (FTA) partners. Why is it imperative for New Delhi to initiate negotiations with Lima and address the disadvantages of our exporters to their markets?