Courtesy: idevie.com
The New Development Bank was formalised at the just concluded meeting of the leaders of the BRICS nations in Fortaleza in Brazil this week. The location is to be Shanghai. The more appropriate and natural choice for locating the bank would have been Mumbai. There are several reasons why
Courtesy: Wikimedia Commons
The World Bank report highlighting the need for far-reaching reforms in the power sector underlines the necessity for the centre and state governments to arrive at a political consensus. The model of cooperative federalism advocated by Prime Minister Modi has the potential to transform the electricity scenario
Courtesy: wikimedia/commons
Brazil is all set to host the 6th BRICS Summit from July 15. In light of the fact that most developing nations have concerns over the pro-western bent of the World Bank and the IMF, the BRICS initiative of setting up of a Development Bank needs to gain momentum and the nations should finalise the mandate on a priority basis
Courtesy: wikimedia\commons
The growing ISIS-driven violence in Iraq highlights India’s vulnerability to the turmoil in West Asia: we heavily depend on the region for our energy. To insulate the country’s energy security from the upheavals, India must urgently diversify its sources and types of fuel, and develop its own energy ecosystem
Courtesy: MEA
Economic security needs to be defined holistically through an open and democratic discourse. A plurality of perspectives on what constitutes development is essential to democracy across the world. Grass roots protests are driven by a longing for a truly inclusive and fair model of growth.
Courtesy: commons.wikimedia.org
A recent report highlights the drastic damage being caused to the environment by human activity and underlines the need to address this. A warning that environmental groups advising the new government in India must pay heed to.
Courtesy: PMO/Government of India
By inviting SAARC leaders to his swearing-in ceremony India’s new prime minister Narendra Modi has signaled a major shift in India’s foreign policy. Gateway House presents perspectives from experts from seven countries on the changes they expect to see in India’s foreign policy in the Modi era
Courtesy: Kotakkalnet/Flickr
The South Asian region is one of the least integrated in terms of trade and human interaction. The presence of SAARC leaders at the swearing-in ceremony of the new government heralds a step towards removing barriers and integrating the economies of this region
Courtesy: Google Maps
An underwater gas pipeline project connecting Oman with India’s west coast is being resurrected. Several factors explain the renewed interest, including the relaxing of sanctions against Iran and India’s need to counter-balance geopolitical and security considerations dogging other land-based projects
Courtesy: narendramodi.in& independent.ie
By inviting SAARC heads to his swearing-in ceremony, India's new prime minister Narendra Modi has made a good start. However, he must now work to strengthen relations with our neighbours and the first step is to reach out to Bangladesh and its pro-India prime minister Sheikh Hasina