Courtesy: Council on Foreign Relations
The absence of panic in the energy markets despite the renewed U.S.-Iran fighting indicates a well-supplied oil market in the longer term. That means stability for energy short countries like India in the long term. In the short term, however, India will be impacted by other disruptions, such as the increased use of sanctions.
Courtesy: X/@narendramodi
The Modi-Prabowo summit is a shared commitment to enhance strategic cooperation between two major Asian powers. This is necessitated by the dominance of China and the weakening U.S. pledges to regional security. Bilaterally, there has been political progress but limited economic engagement. The key now is to step up the trade and investment pillar, with energetic follow-up action for a strong trajectory.
Courtesy: The Wall Street Journal
The 29th St. Petersburg International Economic Forum highlighted Russia’s push for technological sovereignty. President Vladimir Putin argued that Russia and the Global South must avoid being held hostage to the West. Since the Russia-Ukraine war began in 2022, sweeping sanctions have accelerated Russia’s efforts to build domestic digital infrastructure, strengthen AI capabilities, and deepen technological cooperation with partners such as India.
Courtesy: Outlook Business
The legacy of the Modi-Takaichi Summit will extend well beyond the bilateral. It demonstrates that middle powers, through responsible and sustained action, are capable of shaping the future of the Indo-Pacific through strategic intent and the resilient economic networks that back it up to promote regional stability. For India and Japan, economic security is the foundation upon which the next generation of the bilateral will be built.
Courtesy: South China Morning Post
Prime Minister Modi’s Indo-Pacific tour begins in Indonesia in early July. The two countries are expected to achieve a more aligned worldview, especially with the wars in Ukraine and the Gulf. The emerging entente cordiale between the U.S. and China will have a significant impact on the region, where India and Indonesia are leading players with the Indo-Pacific as their shared home.
Courtesy: Prime Minister's Office of Japan
The 52nd G7 Summit, held in Evian-les-Bains from June 15-17, reflected both the challenges and continued relevance of the grouping. While the G7’s share of global GDP has declined, it remains influential. India’s participation as an invited guest drew attention as a major representative of the Global South. As BRICS chair this year, India has an opportunity to explain the motivations of both the G7 and BRICS to each other's members.
Courtesy: Gateway House
After eight years of its nomenclature, on 16th June the U.S. Pacific Command dropped the 'Indo' from its military command title. It reflects clearly that the U.S. does not consider the Indo-Pacific region to be the most consequential theatre of geopolitics today. Yet its significance as the platform on which great-power contestation in political, military, technological, and economic domains will play out cannot be overstated.
Courtesy: x/@MEAIndia
The recent visit of Myanmar President Min Aung Hlaing to India has re-engaged the two neighbours politically after a six-year gap. Critics and pragmatists had much to say, but the outcome spoke for itself: constructive border management, defence agreements and economic cooperation. And a reminder that India has not forgotten about Daw Aung San Suu Kyi, the democracy icon.
Courtesy: Business Post
The AI industry in the U.S. is on a high, with three major upcoming public offerings on the table from Anthropic, Open AI and Space X hogging the attention and news. But users are increasingly concerned about costs, and developers are rushing to raise capital. When the effervescence abates, a reduced appetite for AI stocks may eventually see investors return to emerging markets. Can India benefit?
Courtesy: AFP
India signed on to two deals on critical minerals in May: one was the launch of the Quad Critical Minerals Initiative and the other a new bilateral India–U.S. framework on critical minerals. Both highlight the deep concerns over China’s dominance of global supply chains. For India, specifically, these initiatives will advance its ambitions in green energy. Collectively, the QUAD members have differing priorities. Can those be sustained long-term, for success?