Courtesy: wallygrom/Flickr
The move by the Maldives to renege on Bangalore-based GMR’s $500 million investment is a classic case of geopolitics trumping geoeconomics. This is an appropriate time for India to boost its diplomatic efforts by including the Ministry of Commerce in initiatives taken by the Ministry of External Affairs.
Courtesy: Pete Souza/The White House
Despite U.S. President Barack Obama’s re-election, a number of issues like the U.S.’s national debt, unemployment and the military withdrawal from Afghanistan need to be addressed. With these multiple national and global imperatives crowding his agenda, will Obama have any time for India?
Rajat Gupta, former chief of McKinsey & Co., was sentenced to two years in jail for insider trading and a fine of $5 million. Whether that will send a deterrent message to corporate boardrooms, which prosecutors claim, is unclear.
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All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
As India looks to diversify its sources for energy imports and grapples with food security issues, it is looking more towards Latin America. Gateway House interviews Ambassador Deepak Bhojwani to discuss India’s prospects with this increasingly significant region.
Courtesy: gandhiserve.org
Gandhi’s little-known work on what it means to be truly civilized may be crucial to the future of our species. There seems to be an absence of a moral framework that serves as the basis of our pursuit of wealth & pleasure. Can such a framework guide us through contemporary economic and identity-related conflicts?
Courtesy: World Economic Forum/Flickr
A short analysis by Gateway House on what you can expect from Raghuram Rajan, the new Chief Economic Advisor to the Government of India.
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Front running is a form of insider trading, where investment banks use customers' trading information to trade for themselves, ahead of their clients. This practise results in huge losses to the investors, and abates trust in financial markets. How can the Volcker Rule contain this practice on a global scale?
Courtesy: PMO
India seems to be treading down the path of fruitless populism that crippled many countries in the past, most notably in Latin America. But like Latin America, India too can embark on a course-correction by implementing pragmatic economic policies alongside progressive but results-driven social spending.
Courtesy: Gateway House
Is India's growing external debt a cause for concern? Are India's public sector banks too big to fail? Gateway House interviews former Whole Time Member of SEBI, Prashant Saran, to discuss the health of India's financial sector.
