e-Rupee Courtesy: Shutterstock
22 December 2022

India’s Digital Rupee: Opportunities and Concerns

On Dec 1, the Reserve Bank of India introduced the Indian Digital Rupee-R (retail) on a pilot basis with four participating banks. Reserve Bank historian and former central banker Bazil Shaikh explains what a digital rupee is vis a vis traditional money, the advantages and concerns, and its future in cross-border transactions.

India’s-Exports-Record-New-High-at-US417.81-Billion-Trade-Deficit-Widens-to-87.5 final Courtesy: India Briefing
8 December 2022

CEPA, CECA, FTA: India’s new trade dictionary

Trade-shy India is now energetically embarking on a series of trade agreements to boost exports, remove barriers for skilled Indian professionals and secure imports of essential raw materials for manufacturing growth. New trade agreements signed with Australia, the UAE and soon the U.K. will be templates for more to come.

EuropeProtests-01[85] copy Courtesy: Gateway House
17 November 2022

Protests across Europe

Discontent over high energy prices, spiralling living costs, and anti war sentiments have gripped Europe, resulting in protests and civil unrest across the continent. With no immediate solution in sight, public resentment is likely to intensify through the coming winter months

Putin's Speech Valdai Courtesy: Valdai Discussion Club
3 November 2022

At Valdai, Putin’s vision of emerging world order

The reference to India by Russian President Vladimir Putin at the Valdai Discussion Club may be interpreted as encouragement to New Delhi to use its good offices to nudge the warring sides to the negotiating table. Mediation is a big power game, and this may be the right time for India, at the cusp of the G20 Presidency, to start with a record of success

Moutai PNG Courtesy: The Economic Times
27 October 2022

China’s new corporate top dogs

A quick look at the list of top Chinese companies shows that the vaunted private sector has receded and the state-owned giants now dominate. Under the new Xi Jinping regime, they are unlikely to relinquish their position. What does this mean for China – and for India?

IBSA 1 Courtesy: PTI
20 October 2022

IBSA, G20 and the Global South

The consecutive Presidencies of the G20 for India, Brazil and South Africa provides a rare, unique opportunity to forge an agenda common to both the G20 and IBSA. The timing is coincident: with Russia and China consumed by conflict and zero-Covid respectively, BRICS has receded. IBSA can convert both crises into an opportunity and become relevant to the Global South’s current and future challenges.

Bolsi and Lula Right left Courtesy: Reuters
13 October 2022

Brazil elections, looking ahead

Brazil will head to the polls in a runoff this month to choose its next president. Will it be incumbent Jair Bolsonaro, or former president Lula da Silva? Both are popular with their voter bases, but both have hurdles to overcome, most notably the economy, and have differences on their global political alignment – particularly important as Brazil will be the G20 President in 2024.

Sberbank Russia Courtesy: Getty Images
6 October 2022

Sanctions on Russia: The Long View

Wide-ranging economic sanctions on Russia are likely to stay for several years, if not decades. Given Russia’s critical global role as a supplier of key commodities and military hardware, India should pursue long term solutions to continue this trade.

Church Russia Courtesy: Advantour
3 October 2022

Views from Russia

The last week of September was eventful for Russia. The partial-mobilisation was underway, the referendum of Russian-speaking regions in Ukraine took place, President Putin made a significant speech and the Nord Stream pipelines were damaged. Amit Bhandari, Energy Fellow, Gateway House, was in Moscow during this time. In this podcast, he offers his impressions of Moscow after the sanctions, compared with the city he saw before the Russia-Ukraine conflict

Indonesia Trade Courtesy: Shutterstock//Creativa Images
26 September 2022

Trade ties support Indonesia’s G20 year

Indonesia has managed its G20 Presidency year by understanding the importance of not going it alone. This trading nation has used its deep regional and multilateral cooperative processes which provided trusted back-up and support at every step, and was book-ended by strong linkages and investment partnerships with Japan and Australia. In this, it has laid the groundwork for India’s 2023 presidency.