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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: MEA/Flickr
Relations between India and Sri Lanka are set to change. The expeditious manner in which the Indian external affairs minister met the newly elected Sri Lankan president, who reciprocated by making India the first foreign country he visited, raises hopes. An analysis of the factors that impede and facilitate such a shift
Courtesy: Gateway House
Kartarpur is an exemplary achievement of bilateral discussion over two decades. For the faithful, it is an emotional reconnection with the life of Guru Nanak, now made into a grand memorial. For others, on both sides of the border, it is a neutral place where they can renew contact with long-lost relatives. The author, who visited Kartarpur a month after its inauguration, was witness to the joy and aura of collective worship
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India and France have converging interests in the Indo-Pacific – diplomatic, strategic and economic. The 4th Indo-French Maritime Security Dialogue held in New Delhi in December 2019 was an example of major bilateral cooperation. By working together, the two countries became the model for fostering a rules-based, free, open and inclusive region.
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The 35th summit of the Association of South East Asian Nations, held in Bangkok early in November, showed that a shifting geostrategic landscape notwithstanding, “ASEAN centrality” in the region is a top priority with members. It also served as a backdrop for three summits that ASEAN held on November 4 with China, U.S. and India
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In India, China’s tech giant companies and venture capital funds have become the primary vehicle for investments in the country – largely in tech start-ups. This is different from other emerging markets where Chinese investments are mostly in physical infrastructure. Chinese FDI into India is small at $6.2 billion, but its impact is already outsized, given the increasing penetration of tech in India
Courtesy: Sameer Patil
On a week-long October visit to Jammu and Kashmir, the author found both clarity and complexity among the citizens about their new status, and that the practicalities of daily life are more compelling than ideology
Courtesy: @narendramodi/twitter
Dr Condoleezza Rice and Dr Henry Kissinger, speakers at the annual meeting of the U.S-India Strategic Partnership Forum, in Delhi in October 2019, kept the audience riveted. The topics covered included China as competitor, the earlier disharmony in India-U.S. relations, and tips from a veteran on the art of negotiation
Courtesy: Government Law College, Mumbai
The world has changed – and so has India in the last 70 years since independence. Its foreign policy has evolved from non-alignment to multipolarity and to proactive participation in various multilateral organisations. Building on the work of its predecessors, the Modi government’s diplomacy articulates India’s interests more forthrightly and pursues them more energetically
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