Courtesy: Council on Foreign Relations
The absence of panic in the energy markets despite the renewed U.S.-Iran fighting indicates a well-supplied oil market in the longer term. That means stability for energy short countries like India in the long term. In the short term, however, India will be impacted by other disruptions, such as the increased use of sanctions.
Courtesy: Business Post
The AI industry in the U.S. is on a high, with three major upcoming public offerings on the table from Anthropic, Open AI and Space X hogging the attention and news. But users are increasingly concerned about costs, and developers are rushing to raise capital. When the effervescence abates, a reduced appetite for AI stocks may eventually see investors return to emerging markets. Can India benefit?
Courtesy: ISRO
The Quad has agreed to launch a satellite-based maritime security initiative to curb illegal fishing by China. India is a global leader in satellite launches, especially in Earth Observation (EO) satellites. The Indo-Pacific nations are looking at the Indian model because it is applicable, economical, and sustainable.
Courtesy: Wikimedia Commons
The Space20 is the newest sub-forum of the G20 initiated by Saudi Arabia, with the support of the United Nations Office of Outer Space Affairs. India, on its way to the G20 presidency in 2022, should set a comprehensive Space20 agenda for the democratization of outer space, whereby it can share its space growth story with the developing world and achieve its goal to become a global knowledge epicenter.
Courtesy: IEEE Spectrum
The Basic Exchange and Cooperation Agreement for Geospatial Cooperation (BECA), the last of the India-U.S. foundational agreements, will enable India to avail of U.S. expertise on geospatial intelligence and to sharpen the accuracy of weapons and automated hardware systems used for military purposes. But the over-emphasis on imaging in the agreement overlooks the likelihood of a clash between the telecom and meteorological technologies, which can hurt India’s crucial capabilities in space-based weather forecasting and disaster management