India’s energy future needs to be low-carbon, climate-resilient and protected against price fluctuation. It can meet these needs by investing in Canadian oil companies, given the country’s political stability and rule of law. India can also attract greater foreign direct investment at home through the issuance of green bonds, a climate finance debt instrument that addresses environmental and climate-related challenges. This paper explores the regulatory perspective of the green bond market.
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Canada has been one of the biggest success stories in oil over the past few years. India should consider financial investments in Canadian energy assets as a means to secure its energy supplies. This paper studies the feasibility and prospects for Indian investment in Canada's petroleum sector.
The shifting trends in trade, especially given the growth in communications capacity and reduced cost of computing have altered traditional economic development. India and Canada have a shared commercial interest in E-trade. Both countries need to align their resources to frame trade rules of the new digital economy, to mutual benefit.
The shift in the global trend from trade in goods to trade in services, especially digital services has focused attention on the necessity of a modern and robust regulatory framework for it. The bilateral steps by India and Canada outlined in this paper can feed into current efforts by multilateral institutions to develop a universal framework for capturing services trade data.
On 16 May, the government introduced a huge reform that liberalised India's space sector, leveling the field and propelling the space ambitions of private players. Corporations such as L&T and Godrej Aerospace, can now compete and collaborate with the Indian Space Research Organisation, to build an indigenous Boeing or Lockheed Martin, and be part of global, private, space industry syndicates. The timing is significant, as the space race has accelerated with the U.S. and China marking their space territories through Accords and SEZs. India now is much better equipped to launch its space agenda. This paper analyses India's future potential.
India must consider new strategies that can be put in place to manage Pakistan's ongoing military aggression and security threat. One policy tool that has been used effectively by many countries but remains unexplored by India is the imposition of sanctions. This paper analyses the feasibility of imposing sanctions on Pakistan and the strategies India should consider to execute this effectively. It makes recommendations on how to establish a legal framework, amend existing laws, include Indian stakeholders with business interests in Pakistan, get government departments to collaborate on implementation, and considers diplomatic measures India can undertake.
The Indian Navy needs to develop and assimilate new Artificial Intelligence (AI) technologies that are being used by the Indian military and industry. The Navy's goals of transforming into a 200-ship force and maintaining optimal combat capability, are being put to test by diminishing capital and manpower shortages. It needs to leverage the benefits of AI and Machine Learning (ML) to improve organisational efficiencies at various levels. This paper focuses on four Use Cases, viz., Inventory Management, Training, Prescriptive Maintenance, and Security & Surveillance, for implementation in the Indian Navy.
India has rapidly transitioned from a cash-based economy to one reliant on digital payment systems. This has resulted in financial inclusion and greater transparency, but also expanded the system’s vulnerability to cybercrimes. This paper analyses India’s digital payments industry, maps the potential threat vectors and recommends measures to strengthen the cybersecurity of digital payment systems
The global energy scenario has changed in every way – be it in demand, supply or energy type – in the last two decades. The only unchanged component has been the currency of energy trade: the U.S. Dollar. Lately, though, the Chinese Yuan has emerged as a challenger. Can the Indian Rupee be a third contender?
The United Nations’ 2015 Paris Agreement called for the immediate sequestration of atmospheric anthropogenic greenhouse gases to help avert serious environmental degradation. India can take the lead in this because it is the second largest emitter of methane. Of all the natural greenhouse gases, methane is the hardiest. Technological advances are making it possible to crack methane into gaseous hydrogen and solid carbon on a commercial scale. Methane cracking can provide a steady supply of hydrogen for futuristic transportation and solid carbon materials — graphene, carbon nanotubes, synthetic diamonds — which are integral to the marine, aerospace and space industries. The commercial benefits apart, methane cracking will also go a long way in meeting the Paris Agreement’s climate change mitigation objectives. This paper offers some concrete recommendations that can help the government of India shape national legislation and global geoeconomic strategies