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28 January 2021

Premchund Roychand, 1863’s Big Bull

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On 21 January, the Bombay Stock Exchange index crossed the 50,000 mark – the first-ever in its 146-year history. A similar stock market boom occurred in 1863. It was led by the city’s legendary stock-bullion-cotton broker, Premchund Roychand. Unlike today’s Bad Boy Billionaires, Roychand settled all his dues after which he earned back his fortune. Well-known as the sole donor of Mumbai University’s Rajabai Clock Tower, he not only met all pending philanthropic commitments made before the 1865 crash but continued giving more.

Mobile Autonomous Launcher of the Brahmos Missile system passes through the Rajpath, at the 72nd Republic Day Celebrations, in New Delhi on January 26, 2021. Courtesy: Shutterstock
28 January 2021

Budget 2021 and self-reliance in defence

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The Union Budget for FY 2021-22 is due next week. ‘Aatmanirbhar Bharat’ and the continuing stalemate with China in Ladakh will guide Finance Minister Nirmala Sitharaman to allocate financial resources for the defence sector. How will she cater to the defence services’ expectations? Will she unveil special measures to further ‘Make in India’ in defence? Listen to defence expert Dr. Bhartendu Kumar Singh, in conversation with Sameer Patil, Fellow, International Security Studies Programme, to know how the budget will shape India’s mission to achieve self-reliance in defence-industrial capabilities

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27 January 2021

Revisiting India’s Agricultural Trade Policies

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The Jan 26 riots by the protesting Punjab farmers, is a set back both to the reform of India's domestic agriculture sector, and to the country's external agriculture trade. Nevertheless, willing farmers and communities can improve their engagement with the market, start inter-state trade, and build the farming infrastructure necessary to prepare for a fully free agriculture market. This will ready India to fulfil its commitments and find its rightful place in the international trade system.

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21 January 2021

Regulating Big Tech Intermediaries

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Social media platforms such as Twitter and Facebook have come under global scrutiny in recent months following their use to incite or misinform the public. For years, governments around the democratic world have not taken the responsibility to adequately regulate these platforms. Now that may be changing – and it won’t be easy.

shutterstock_289496432_420x280 Courtesy: Shutterstock
13 January 2021

Financial Investments to Secure Energy

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The ongoing turmoil in the oil markets due to the pandemic and underutilized supply, presents a long-term opportunity for India to secure its energy future. It can take small stakes in the listed oil and gas companies of stable Western democracies like the U.S., Canada and Australia, through a specially-created sovereign wealth fund. This will allow India to be better prepared for the era when prices rise again.

Vietnam's effective ASEAN leadership Courtesy: asean.org
13 January 2021

Vietnam’s effective ASEAN leadership

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Vietnam had a busy 2020, starting with its chairmanship of ASEAN and ending with the signing of RCEP, and a free trade agreement with the EU. All were completed successfully despite the pandemic, which it also handled well. It has revealed Vietnam’s dexterity and confidence, good management and societal control and raised the country’s global profile.