thumbnail_27184 Courtesy: Business Standard
1 July 2022

Tax Gold, Drive Smuggling

India has raised import duty on gold yet again. This will drive gold smuggling, whose nearly 16% return on investment therefrom will make hedge funds envious. Apart from loss of revenue, smuggling also means greater cash flows for the underworld, and potential terror finance.

Untitled Courtesy: Gateway House
23 June 2022

Analysing India’s Economic Security Challenges

Low global commodity prices, strong FDI inflows, and sustained growth have boosted the Indian economy in the preceding decade. This favourable economic climate, however, was disrupted by the pandemic and the crisis in Ukraine, exposing vulnerabilities in the global economic system. This paper focuses on India’s economic security challenges, particularly in six sectors - Food, Energy, Finance, Data, Space & Undersea Cables and Critical Minerals - and suggests possible courses of action.

indian-navy-1-620x400-1 Courtesy: Financial Express
22 June 2022

Extending India’s Maritime Security Strategy

Great power competition in the Indo-Pacific is a concern for regional powers. India’s maritime security strategy has adapted to this geo-political change, and is moving from acting as a balancing power, to a leading force in the region. India is a near, yet non-resident power, and has a strategy for providing stability, prosperity, and security in the Indo-Pacific and Indian Ocean regions.

china pakistan flags Courtesy: Shutterstock
22 June 2022

Understanding Pakistan’s China Debt Problem

Pakistan’s latest economic survey reveals the extent of the country’s indebtedness to China. High-interest Chinese loans, reckless multilateral borrowing, and ever-increasing defence budgets have deleteriously impacted Pakistan’s finances. Any lasting solution to these problems will have to involve China.

IMG-1700 Courtesy: @BIMSTECInDhaka
8 June 2022

BIMSTEC@25

June 6, 2022, marks 25 years since India, Bangladesh, Sri Lanka, Bhutan, Nepal, Myanmar and Thailand joined hands to create BIMSTEC and infuse South Asia with economic and institutional cooperation. The strategic geography of this grouping has the potential to bring new synergy between South Asia and the recently-instituted Indo Pacific Economic Framework, ASEAN and the Quad, for a prosperous, secure Bay of Bengal Community.

Crunch-Time Courtesy: Rupa Publications
30 May 2022

Crunch Time: Narendra Modi’s National Security Crises

Narendra Modi has completed eight years as the Prime Minister of India. His tenure has seen a strengthened and transformed Indian foreign policy. In his book, Crunch Time: Narendra Modi’s National Security Crises, author Sreeram Chaulia studies India’s national security crises under Modi, and his handling of it. His main argument that Modi was more decisive than his predecessors in dealing with China and Pakistan, holds.

renergy crisis photo Courtesy: Economic Times
26 May 2022

India in the global commodity shock

The warning signs were visible long before the Ukraine conflict. Years of insufficient investment into oil and gas production resulted in high price, and shortages. With investors keeping away from traditional fuels, the conflict in Ukraine precipitated the inevitable. Energy-dependent India must now insulate its supply chains.

bimstec 2 Courtesy: Twitter- BIMSTEC
19 May 2022

Incorporating the Blue Economy into BIMSTEC

The BIMSTEC charter has laid the foundations for a prosperous, peaceful, and sustainable Bay of Bengal region, a goal that can be achieved by greater integration and deeper collaboration. While ensuring continuity with past efforts and strengthening economic cooperation is necessary, it must also realise its potential in newer areas such as the blue economy, which has three interlinked pillars— connectivity, prosperity, and regional stability.

bimstec climate Courtesy: @BimstecInDhaka
12 May 2022

Mainstreaming the climate agenda in BIMSTEC

The rejuvenated BIMSTEC, with a new charter in hand, is now expanding its ambition and mission. One such area is climate change, which needs greater attention as it will have implications for the Bay of Bengal and beyond. With their unique climate conditions and action plans can together create a model for regional cooperation.

unnamed (1) Courtesy: Ministry of External Affairs, India
7 April 2022

A formal, opportune BIMSTEC

The recently concluded BIMSTEC summit is now a regional intergovernmental organization with a formal charter, giving it a clear mission and legality and a destiny linked to South and South East Asia. It is now better equipped to accelerate economic development for the fifth of the world’s population, which contributes only 4% of global GDP.