Arun Jaitley with briefcase Courtesy: Ministry of Finance/GoI
5 August 2014

Poll pledges and budget realities

If Budget 2014 is used as a reference point to examine how closely the Modi government kept to its election promises, it is evidently not easy to extirpate the old ways of doing business. This is clear, for example, in the punitive capital gains tax rate on debt mutual funds. Budget 2015 must correct the anomalies

Latin-America-gaza Courtesy: news.yahoo.com
5 August 2014

Latin America takes a stand

The sharp Latin American response to the Israeli bombings in Gaza, on the back of solid support from the U.S., is attributable to the memory of the atrocities committed by past Latin American military dictators with similar U.S. backing. Their strong response is also a sign of the increasingly independent and assertive Latin American voice on the global stage

afghan elections Courtesy: Wikimedia\commons
5 August 2014

Afghanistan: who blinks first?

Squabbling over Afghan election results still continues but the collapse of the process has been averted for now. More than 700 international election observers are in Kabul ready to conduct the 100% audit of the Afghan runoff election. India has always supported a peaceful transition but the situation in Kabul remains as unpredictable as ever

israel Courtesy: Natan Flayer
5 August 2014

Tracing the course of India-Israel ties

There has been strong criticism of the Modi government’s tepid response towards Israel’s offensive in Gaza, with many insinuating religious reasons. However the reality is that India’s engagement with Israel has grown substantially since the two countries established full diplomatic relations in 1992.

kerry-modi Courtesy: MEA\photogallery
4 August 2014

John Kerry’s charm offensive

Much was made of the ‘incredible possibilities’ for India-U.S. ties preceding John Kerry’s visit to India. The American emphasis on rhetoric touched a new high when Kerry formally invited Indian PM Modi to Washington in September. The two sides must now get beyond words to work towards a resolution of differences for the bilateral to blossom

kerry Courtesy: Ministry of External Affairs
2 August 2014

Strengthening ties amid differences

The 5th India-U.S. Strategic Dialogue was an effort to reverse the downward spiral in bilateral ties, and an opportunity for the two countries to get a realistic assessment of each other. Clearly given the range of differences on issues such as trade, tariffs and price controls, there is still plenty of work to be done

LNG platform Courtesy: Wikimedia\Floyd Rosebridge
1 August 2014

India-U.S: energy can charge the bilateral

Cooperation in the energy sector offers a chance for India and the U.S. to build on a mutually beneficial and complementary relationship. The U.S. will gain from having a large, long-term market while India will benefit from cheaper and more diversified energy sources

wto2 Courtesy: Food Corporation of India
1 August 2014

WTO, sovereignty and trade

India's refusal to budge on food security has resulted in the World Trade Organization’s failure to reach the first multilateral trade agreement in the last two decades. Having taken a tough stand can India take the lead, among developing countries, in reframing the power equations of globalisation?

Sushma on Gaza Courtesy: Rajya Sabha TV
30 July 2014

A confusing stand on Gaza

Historically, India has supported the Palestinian cause but today, shares strong diplomatic relations with both West Bank and Tel Aviv. India's vote at the UNHRC has provoked much debate within the country as it marks a distinct shift in the government's stand from a few weeks ago when it was reluctant to even discuss the Gaza crisis in Parliament