BIMSTEC: Potential and Opportunities Courtesy:
22 February 2021

BIMSTEC: Potential and Opportunities

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During the Bay of Bengal Economic Dialogue 2021 on, Post-COVID Challenges in the Bay of Bengal Region, Amb. Rajiv Bhatia, Distinguished Fellow, Foreign Policy Studies, Gateway House addresses the staggered growth of BIMSTEC, whilst also highlighting its potential as a regional grouping. He identifies the lack of political commitment, bureaucratic inertia and insufficient engagement of the Third Space and disregard for the region as a community as the chief obstacles to a successful initiative.

Great Himalayan Achievement Courtesy: Sainik Samachar
18 February 2021

The Great Himalayan Achievement

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Hailed as the highest altitude tunnel in the world, the Atal Tunnel at Rohtang pass in Himachal Pradesh is a significant part of India’s border infrastructure push. It has reduced travel time from Manali to Leh and forward areas. It is significant for national defence as also tourism because it provides all-weather connectivity to the Lahaul-Spiti Valley.

resized final Courtesy: Manufacturing Business Technology
11 February 2021

The U.K. pivots to Asia

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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

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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

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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.

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4 February 2021

A space sector bull run

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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

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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

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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.