Chp 5. The Chartered Bank%2c Bombay Photo courtesy Dr Jehangir S. Sorabjee Courtesy: Jehangir S. Sorabjee
9 November 2016

Bombay and the City of London

British Prime Minister Theresa May’s visit to India from November 6-8, her first to a country outside Europe, has been focusing on increasing bilateral trade and investments. But 300 years ago, London and Bombay shared a critical financial relationship.

A stack of one thousand rupee notes. Courtesy: 123RF
9 November 2016

How ‘hawala’ impacts national security

On November 8, when Prime Minister Narendra Modi announced to India, the demonetisation of high-value currency notes, he specifically referred to the use of Hawala and fake Indian currency notes for terrorist financing. The hawala system to move funds globally for terrorist financing is huge, secretive, and layered—and a challenge for national security agencies.

BIMSTEC Courtesy: Google Earth
20 October 2016

BRICS/BIMSTEC’s maritime portents

The recent BRICS summit and BIMSTEC outreach highlighted some laudable maritime endeavours linking geographically distant, emerging economies within the grouping. The BIMSTEC platform is also crucial to India's efforts to create a peaceful Bay of Bengal community through economic and cultural linkages.