Petrobras, which rose to become the fourth largest company in the world, is now battling a serious corruption scandal that has left its reputation in tatters. How did this global oil major scale such heights spectacularly and and then fall so low? There are lessons in this for India’s public sector oil companies.
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A distinguished Chinese scholar, speaking at a BRICS forum in Moscow recently, ascribed the growing India-China trade deficit to India’s ban on iron exports. While this contention is partially true, the data does not validate this argument, and nor does his view account for the other reasons for the deficit
The visit of U.S. Defence Secretary Carter will help cement trust and expand the scope of India-U.S. defence cooperation. However, there are several important details around technology transfer that still need to be worked out before co-production of weapons can begin.
The price of petroleum has risen by almost 40% since February 2015 because of geopolitical tensions. This spike underlines the need for India to hedge its energy imports using a mix of financial markets and asset purchases
On the occasion of the BJP government’s one-year anniversary, Neelam Deo, director, Gateway House, delivered a series of lectures across the U.S., analysing Modi’s foreign policy. His energetic style, she said, has created several milestones—including a revival of relations with the U.S. and Russia, and a new approach to China and to India’s neighbourhood—that can cumulatively transform India’s growth trajectory. This is an abridged version of her lecture:
As Prime Minister Narendra Modi's first year in office reaches a close, we compiled a month-by-month review of Modi's diplomatic calendar, including foreign trips and incoming visits
Prime Minister Narendra Modi’s foreign travels combine domestic and foreign policy to achieve India’s twin goals of national security and investment inflow. The leader-as-salesman is not new, and India is just catching up with the global norm
The Trans-Pacific Partnership might soon be concluded if the U.S. Congress fast-tracks it, as recently announced, while the Regional Comprehensive Economic Partnership Agreement remains on slow-track. But the TPP, although ambitious, follows an outdated template, and it is the dynamic RCEP that can be a model for a new global rules-based framework
While China will seek India’s cooperation on its ambitious ‘One Belt, One Road’ project during Prime Minister Modi’s visit this week, Indian policy makers must soon articulate a definite stand on this transnational corridor by bridging the country’s security concerns and the benefits of such an engagement with China.
With a massive, yet demanding middle class, the Chinese Communist Party needs a reliable source of cheap labor to continue to allow Chinese nationals to enjoy mass-produced daily products. step forward India, mass producer.