Clouds over Quad Courtesy: Twitter
18 February 2021

Clouds over the Quad?

As President Joe Biden completes his first month in office, his foreign policy on China and the Indo-Pacific will come under scrutiny. The choices made will be significant as they will define the future prospects of the Quadrilateral Security Dialogue. Given China’s long-term and comprehensive challenges, which encompass both, security and economy-technology, the Quad will have to respond with a matching strategy.

resized final Courtesy: Manufacturing Business Technology
11 February 2021

The U.K. pivots to Asia

The U.K. is out of the EU, and re-positioning itself into the idea of Global Britain, seeking partnerships into diverse groupings and regions. India was an early strategic, defence and digital outreach, but a serious pivot has been made to broader Asia for trade and investment linkages, with vigorous follow-up. The re-entry and acceptance of Britain in Asia, has implications.

emergence of crypto-currencies Courtesy: Gateway House
11 February 2021

Emergence of crypto-currencies

With the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 set to be introduced during parliament’s on-going budget session, India is now ready to introduce its own official digital currency—following in the footsteps of China and Russia. So far, Indian regulations prohibited the public from trading in crypto-currencies. However, the investor community has an interest in them, as an asset that is not subject to government devaluation, unlike regular fiat currency in circulation. This infographic traces the evolution of crypto-currencies since the launch of Bitcoin in 2009.

reiszed Courtesy: Shutterstock
4 February 2021

Drones: Regulation drives Innovation

Drones have become vital to the operations of many industries and government organisations across the world. With huge economic opportunity to be derived from the use, manufacture and sale of drones, the Indian government must refine policy and address regulatory lacunae to help boost both technology adoption and drone manufacture in India.

resized final mint Courtesy: Shutterstock
4 February 2021

A space sector bull run

The maturing private space sector in the U.S. has learned to raise money from the market in the form of sectoral equity-traded funds. Such financing mechanisms will keep the U.S. ahead in the global space economy, which is slated to grow manifold from $430 billion now to $4 trillion by 2040. India's fledgling private space ecosystem, financiers, and stock exchanges can learn from the U.S. and do the same for India's newly reformed private space sector.

resized revised 1 Courtesy: Shutterstock
4 February 2021

Myanmar’s military coup

On February 1, the Myanmar army seized power, turning a partial democracy into a full-fledged military rule, once again. Whenever democracy suffers, India feels concerned. However, New Delhi is committed to the policy of non-interference in another state’s internal affairs. It is also guided by its national interest and will astutely balance principles, values, interests, and geopolitical realities.

resized again pk 2 Courtesy: Wikimedia commons & gloriabyculla.wordpress
28 January 2021

Premchund Roychand, 1863’s Big Bull

On 21 January, the Bombay Stock Exchange index crossed the 50,000 mark – the first-ever in its 146-year history. A similar stock market boom occurred in 1863. It was led by the city’s legendary stock-bullion-cotton broker, Premchund Roychand. Unlike today’s Bad Boy Billionaires, Roychand settled all his dues after which he earned back his fortune. Well-known as the sole donor of Mumbai University’s Rajabai Clock Tower, he not only met all pending philanthropic commitments made before the 1865 crash but continued giving more.

Mobile Autonomous Launcher of the Brahmos Missile system passes through the Rajpath, at the 72nd Republic Day Celebrations, in New Delhi on January 26, 2021. Courtesy: Shutterstock
28 January 2021

Budget 2021 and self-reliance in defence

The Union Budget for FY 2021-22 is due next week. ‘Aatmanirbhar Bharat’ and the continuing stalemate with China in Ladakh will guide Finance Minister Nirmala Sitharaman to allocate financial resources for the defence sector. How will she cater to the defence services’ expectations? Will she unveil special measures to further ‘Make in India’ in defence? Listen to defence expert Dr. Bhartendu Kumar Singh, in conversation with Sameer Patil, Fellow, International Security Studies Programme, to know how the budget will shape India’s mission to achieve self-reliance in defence-industrial capabilities