Courtesy: Gateway House
As India seeks leadership in a multipolar world, cultural credibility is as vital as economic clout. Cinema gives India an edge with vivid storytelling, music, and empowering narratives, fostering understanding in a polarised world. Its popularity correlates with trade, as seen in the U.S., Russia, and Middle East. The more popular the cinema, the bigger the boost to trade.
Courtesy: X / @narendramodi
Prime Minister Narendra Modi’s visit to Japan is significant for India domestically and its extended Asian influence. His visit, just prior to the SCO Summit in China, represents a shrewd endeavour at balancing the several priorities of Indian foreign policy
Courtesy: G20.org
The G20’s current cycle is unique, with four Global South nations presiding consecutively: Indonesia, India, Brazil, and now South Africa. Brazil’s 2023-24 presidency exhibited both achievements and struggles, prioritising social inclusion, hunger, energy transition, and governance reform. The handover to South Africa marks a significant milestone in G20 history. Will the momentum be followed by the U.S., the next G20 president but also a G20 sceptic?
Courtesy: DD News
There was much at stake for the U.S.-Russia summit at Alaska – more than just the future of Ukraine. It will put the world back on economic track, and ease East-West relations, under stress for an on-going tariff war. For now, diplomacy has played a successful hand.
Courtesy: AFP
India-U.S. trade negotiations have faltered. India stepped outside its comfort zone to offer zero tariffs on industrial goods that form 40% of U.S. exports to India, but the additional 25% tariffs have rendered most Indian exports noncompetitive. Only a carefully balanced, incremental negotiating framework blending economic pragmatism with protection of core domestic interests backed by political will, stands a realistic chance of bridging the current impasse.
Courtesy: East Asia Forum
Most multilateral and plurilateral institutions have lost their significance and ability to shape the trajectory of international relations today. The G7 is no exception. It is impacted by the shift of power from the Atlantic to the Pacific, and an intra-Atlantic rift. The G7 discussions reflected this. More positive were the sideline discussions on repairing the India-Canada bilateral.
Courtesy: News Arena India
Canadian Prime Minister Carney can use the upcoming G7 summit he is hosting to advance the North-South dialogue and cooperation and also to discuss the strained bilateral with India. India can articulate the viewpoint of the Global South, stressing its conviction that the G7 is better served by constructively working with developing and emerging economies.
Courtesy: Gateway House
The proposed IMEC corridor connecting India to Europe through the Gulf can be transformative, helping to reduce risks to the global movement of goods and data. It’s early days yet, and there are gaps to be filled in terms of missing infrastructure and overcoming a diplomatic rift.
Courtesy: Gateway House
Over two centuries, the U.S. has amassed vast economic powers across the globe during and after the two World Wars , and sanctions slowly became an effective tool it used to achieve its foreign policy goals, becoming the global emperor of sanctions.
Courtesy: Evraz
Three years into the war with Ukraine, Russia has adapted to the changed economic scenario. It’s an ideal time for India and Russia to step up their economic engagement, especially as India seeks resources in energy and critical minerals for growth. However, Indian companies are wary of using these opportunities and are missing out on access to the world’s larges and most mineral-rich region.