FILE PHOTO: A worker walks past the logo of Reserve Bank of India (RBI) inside its office in New Delhi, India July 8, 2019. REUTERS/Anushree Fadnavis Courtesy: Reuters
14 July 2022

The rupee as regional currency

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.

tt Courtesy: Telegraph India
1 July 2022

Tax Gold, Drive Smuggling

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.

shutterstock_1062335495 Courtesy: Shutterstock
5 March 2020

Shadow of debt over Mombasa port

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

NTNU_blacksmokers_800x300 Courtesy: NTNU
22 November 2018

Oceanic Industry 4.0

The emergence of the Fourth Industrial Revolution depends on the availability of rare- earth minerals, which occur extensively on the ocean floor of the Indo-Pacific. The technology to exploit this is available only to some countries currently: the global agreement on this must be fair and safeguard India’s future interests, says the author of this blog