ONGC with Rosneft Courtesy: RIA-Novosti, Mikhail Klimentyev, Presidential Press Service
16 January 2015

Should ONGC buy Rosneft?

A fall in oil prices has pushed down the values of oil companies globally, giving India a rare chance to acquire assets cheap and hedge its economy against future increases in energy prices. There are plenty of plum assets to pick from—such as Rosneft, the state-owned Russian oil major

Space station_Nasa Courtesy: nasa.gov
8 December 2014

A divided space again

Space exploration may take a hit as terrestrial politics plays spoilsport with the U.S. government spearheading a sanctions programme against Russia. With China pursuing an independent space programme of its own, Russia’s departure from the effort may mark the beginning of a divided space once again after the Cold War

Mumbai Courtesy: wikimedia
7 November 2014

BRICS headquarters in Mumbai

Globally, metropolitan cities are becoming powerful centres that sustain entire countries. In the case of Mumbai, the government can work backwards by stitching the infrastructure and governance together. The tried-and-tested technique is to host an international institution or event. Gateway House argues that Mumbai is most appropriate to be home to the headquarters of BRICS

lng Courtesy: wikimedia
24 October 2014

Can cheap oil give peace a chance?

The fall in oil prices is creating new complexities for the energy exporting economies of West Asia. With smaller profits, these countries may not be able to buy off political dissent at home and fund client governments and rebels abroad. Lower energy prices could also mean a renewed chance for peace

BRICS leaders at summit_210x140 Courtesy: MEA/Government of India
30 July 2014

Realising the potential of the BRICS

Looking back at the 2008 financial crisis, when governments had to resort to bail-outs to keep economies afloat, the BRICS member countries have decided to set up a New Development Bank which will provide for a contingency fund. This initiative aims at building an alternate financial structure in terms of trade among the member states as well as creating a safety net

evening campfire_ukraine 4_210X140 Courtesy: Flickr
22 July 2014

The dangers of tightrope walking

Eastern Europe has seen tensions rise, increasing violence and a hardening of stands. Only the softening of the stark “either/or” choice currently being demanded by western powers as well as Russia will put an end to the precarious tightrope walking of east European governments and prevent their citizens from becoming victims of increased regional instability

Modi at BRICS_210x140 Courtesy: MEA/Government of India
18 July 2014

Incubating a non-dollar architecture

The launch of the BRICS bank can now give the member countries confidence to experiment with other geoeconomic ambitions. Incubating a non-dollar financial architecture can be the next goal. There are existing models to build upon but India will need smart economic diplomacy to secure its interests