Courtesy: Reuters
The Reserve Bank’s move to enable international trade in INR is a step towards regaining Indian primacy in the Indian Ocean region that the Indian Rupee once enjoyed. It is also an essential financial dimension that will add heft to India’s strategic SAGAR policy.
Courtesy: Telegraph India
India has raised import duty on gold yet again. This will drive gold smuggling, whose nearly 16% return on investment therefrom will make hedge funds envious. Apart from loss of revenue, smuggling also means greater cash flows for the underworld, and potential terror finance.
Courtesy: The Print
Pro-Khalistan organisations have collaborated with the ISI to disseminate anti-India narratives and influence the Indian diaspora. While this has little traction within the country, there is a need for India to extend support to those expatriate Indian communities which are actively countering the misinformation spread by these organisations and Pakistan-sponsored fringe groups.
Courtesy: Sri Lanka Guardian
2022 marks 35 years since the Indian Peace Keeping Forces were deployed to oversee the Indo-Sri Lankan Peace Accord. An attempt to diffuse civil unrest, this engagement eventually turned into war. The incident serves as a reminder that India can learn more from its errors than its victories.
Courtesy: Shutterstock
India has seen a recent influx of refugees from Afghanistan and Myanmar. This has highlighted the absence of a concrete refugee policy in India. India must formalise its approach towards refugees. The Citizen Amendment Act of 2019, is a start. India can move this forward by learning from the examples of other democracies like the U.S., Kenya and South Korea, on how to balance international law with its national security interests.
Courtesy: Reuters
Falling birth rates have become a concern for the Chinese regime. Add to it a shrinking external footprint, diminishing prospects for new foreign capital and domestic economic trouble in the tech and real estate sector, and China's vulnerabilities are clear. This signals danger for China's neighbours.
Courtesy: Flickr
On 18th August, Pakistan announced wide-ranging restrictions on prominent anti-India terrorist leaders. These steps are clearly aimed to prevent Pakistan from slipping into the black list of the Financial Action Task Force, where Pakistan is already grey-listed. Their implementation remains key as in the past, Islamabad's global anti-terrorism commitments have been abandoned once global scrutiny of its support to terrorist infrastructure, decreases or is distracted.
Courtesy: Shutterstock
Hong Kong’s sweeping new National Security Law could be a window of opportunity for India. Companies with established data centres in Hong Kong are worried for the privacy of their customers as the law’s stringency has sparked changes in online activity.
Courtesy: Shutterstock
The Coronavirus pandemic has caused crude oil prices to crash almost 40% even as Saudi Arabia and Russia pump more oil into the market. Fears are rife that this crisis will hit demand. There are repercussions on the U.S., the world’s top oil producer, on India, one of its new clients, and on the Gulf Cooperation Council countries
Courtesy: Shutterstock
Kenya’s Mombasa port, the gateway to East and Central Africa, has enabled the Chinese to gain better access to resources in the region and export destinations within Africa through the Belt and Road Initiative. A recent visit offered insights into some of the shortcomings of increasing Chinese investments in the region – and the scope for other countries to step in