Recently-released blockbuster Airlift, on the biggest evacuation by air in history conducted by the Government of India during Iraq's invasion and occupation of Kuwait in 1990, falls disappointingly short of presenting the true picture of the government’s laudable and timely intervention.
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Over the course of 2015, India conducted eight ballistic missile tests. The range of these missiles varies from as low as 250 kms of Dhanush to as high as 8000 kms of Agni V. Most of these missiles were tested from the integrated test range at Odisha's former Wheeler Island, which was renamed Dr. APJ Abdul Kalam Island in honour of India’s ‘Missile Man’.
French President Hollande recently concluded his trip to India where he was the chief guest at the Republic Day parade on 26 January 2016. India-France relations, post President Hollande’s visit, are promising, and will have a positive impact on Prime Minister Modi’s scheduled visit to Brussels later this year including India's trade with the EU. Informed citizenry should appreciate the huge stakes involved.
Ambassador Neelam Deo, Director, Gateway House delivered a lecture at the West Bengal National University of Juridical Sciences, Kolkata on 30 January, 2016.
The common Indian complaint is that, despite a global trend of falling crude oil prices, the price of petrol has not reduced. However, if the dollar price is examined with the price of oil, it becomes clear that Indians are paying less for fuel now than they would have, had the 2003 pricing trend continued.
The controversy surrounding Facebook’s Free Basics in India highlights a key dilemma currently faced by policy makers and private entrepreneurs who wish to foster, not just ‘inclusion’, but business models which foster economic democracy.
Is China actively building up its maritime presence in the Arabian Sea, to dominate vital sea lanes and perhaps encircle India with a chain of naval bases? There can be little doubt that China views Gwadar as a potentially useful asset. China, however, will know better than anyone that Gwadar has two considerable limitations.
India has long sought China over Taiwan, so is it too late to rectify foreign policy? The recent election results in Taiwan have upset China as China fears it will lose control over Taiwan. Gateway House interviews noted China expert Professor Nalapat to get his take on Taiwan's new president-elect and what lies ahead for tenuous Sino-Indian-Taiwan relations.
India could save $80 billion annually if oil prices stay at the current 12-year low. Policy-makers must use this opportunity to lock-in energy prices for the long-term. Financial markets, through futures and options, offer a way to make these savings permanent, and the Ministry of Finance must formulate ground rules for hedging.
India’s merchandise exports have now contracted for 13 months in a row, reflecting the global slowdown and impact of China’s economic recalibration. But, therein lay new opportunities and challenges for India’s economic diplomacy