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India will host four prestigious international conferences, such as the India-Africa Forum Summit and the subsidiary SCO Summit in the course of the next three years. These are historic opportunities for the country to show global leadership and fulfil a diplomatic agenda that involves handling strategic competition and advancing partnerships
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The rise in Saudi Aramco’s stock price within two days of its IPO in November 2019, has taken the company’s market value past the $2-trillion mark. This valuation should not be taken at face value for the offering is miniscule, and closely linked to the ruler's prestige rather than stock market fundamentals
Courtesy: Columbia University Press
This book examines concisely and readably how the discovery of oil and natural gas transformed the six oil kingdoms of the Gulf, but profligate energy consumption at home challenged the basis of this very prosperity. It goes on to look at how these countries dealt with the economic crises that struck them
Courtesy: Princess Nora bint Abdul Rahman University
The immediate panic in the aftermath of the missile attack on Saudi Aramco’s facility at Abqaiq underlines the still-critical role of the Kingdom to the world economy. The subsequent recovery of oil production – with no disruption – showed that Saudi Arabia is a reliable partner/guarantor of energy supplies. Our Energy and Environment fellow Amit Bhandari was in Riyadh recently for a conference, and describes a post-Abqaiq Saudi Arabia
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The attack on Saudi Aramco’s oil processing facility at Abqaiq has turned out to be less damaging than feared. It nevertheless holds lessons for India, which can begin securing itself against similar events in the future
Courtesy: IIM, Indore
The world order that came about in the aftermath of World War II was a western-oriented construct that has become obsolete in many ways. The changes underway offer India an opportunity to participate in the crafting of political and economic institutions that are more pertinent to the emerging geopolitical equations
Courtesy: IIM, Indore
This speech was delivered at ‘Industry Meet 2018’, organised by the Indian Institute of Management, Indore, in collaboration with the Ministry of External Affairs, Government of India, on 7 July 2018
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A conference in Doha on ‘Enriching the Middle East’s Economic Future’ offered many insights into the nature of geopolitical relations in the region and India’s significant role in it
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The removal of 11 top ministers in the Riyadh government last week by the young crown prince Mohammad bin Salman, is a geopolitical upheaval, the implications are serious. Domestically, the kingdom is seeking to liberalise its conservative society and move away from oil-dependency – evident from the expected listing of its crown jewel Aramco. For India, which imports oil largely from West Asia, instability could cause a spike in prices, leaving less for its ambitious reforms. Globally, there is now space for new alignments – in the Great Power plays, in the Shia-Sunni rivalry, and in the war on terrorism.
Courtesy: Western Naval Command
China has expanded its presence in the Indian Ocean Region. President Xi Jinping has abandoned Deng Xiaoping’s conciliatory posture for an aggressive, money-fuelled search for super power status