Courtesy: Wikimedia Commons
India’s gas consumption is lower than the EU’s, but it too, like the EU, relies heavily on imports. With LNG likely to remain a key part of India’s gas supplies in the future, and given recent changes in the global market, what is the future potential of LNG imports for the EU and India? What are the best energy policies for the two regions?
Courtesy: Wikimedia Commons
The historic role of Bombay (as it was then called) as a hub for banking, commerce, trade, and shipping, and its financial clout a 100 years ago, are little known today. With the city scheduled to soon open an international financial services centre, it is worthwhile to recall and integrate this legacy with Mumbai’s present strengths in order to attract global capital to its IFSC
Courtesy: Russian Government
At a time when New Delhi is beginning to not just ‘Look East’ but also ‘Act East’, and when parallel integrative processes are underway globally, including the ASEAN-led process, the incipient China-led process and the U.S.-led TTP, India and ASEAN could together produce a brilliant new era of Asian integration
Courtesy: Flickr/U.S. Army Africa
New Delhi now has the capacity to move beyond the basics of economic diplomacy by using the strengths of India's private sector in healthcare. Africa would welcome such an initiative, which will improve the health and development capabilities of African countries. This will also serve India’s geopolitical objectives and can precede a similar healthcare rollout to other regions
Courtesy: bdnews24
India imports 80% of its oil and 80% of the imports are from vulnerable regions. This high-cost, high-risk approach is not sustainable, and the current low price of oil offers India an opportunity to secure its long-term energy needs by taking three concurrent steps: diversifying supply sources, investing in oil fields, and using financial instruments
Courtesy: MEA/Flickr
Indonesian President Joko Widodo is visiting India next week two years after assuming office, but Prime Minister Narendra Modi, who is now in the second half of his five-year tenure, is yet to extend the gesture. A ‘Look West-Act East’ policy will benefit both nations respectively
Courtesy: MEA/flickr
In Modi’s worldview, bolder than that of his predecessors, India has a bigger place than envisaged before. Consonant with this, the prime minister’s foreign policy mirrors the Arthashastra’s emphasis on pragmatic and intelligent use of power, informed by knowledge and the larger cause of the people. Has it been successful so far?
Courtesy: The Economist
India may be less dependent on the Chinese market than some other countries in the region, but it too wants Chinese investment—and this ambivalence has been evident in India’s varying approach to the AIIB and OBOR. To balance this dilemma in an increasingly complex Asia, India must work with others, in particular with European countries
Courtesy: Chemould Prescott Road Archives
Germany’s presidency of G20 in 2017 comes at a time when the country is in a state of deep flux. But its relations with India have always been unshaken. Even 80 years ago, German-speaking immigrants, fleeing the Second World war, greatly enhanced Bombay’s cultural life
Courtesy: Armstrong Economics
The global monetary and financial system is lopsided and designed to favour rich countries; an alternative economic and political doctrine, which takes into account the needs of emerging economies like India, must now be articulated to end this one-sided architecture