Courtesy: Wikimedia\Floyd Rosebridge
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
Courtesy: Commerce department\US govt
Penny Pritzker, U.S. commerce secretary is the new element in the India-U.S. bilateral dialogue. Her business skills have brought a shine to her ministry at home and perhaps she can have the same effect in Delhi
Courtesy: MEA/Government of India
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
Courtesy: U.S. Navy photo/Journalist 1st Class Todd Macdonald
India’s invitation and the subsequent participation of the Japanese navy in the Malabar 2014 exercise is a sign of the deepening of the political-security relationship between India and Japan. However, an actual fruition of the potential requires both the administrations to be more flexible, especially on the nuclear deal and defence purchases
Courtesy: IBtimes.com
On the eve of his departure to India for the fifth India-U.S Strategic Dialogue, U.S. Secretary of State John Kerry outlined a roadmap of partnership between the two countries. While mentioning some of the ongoing concerns of the U.S government, he said this was a moment to chart a new course in the bilateral relationship
Courtesy: wikipedia\commons
Four years ago, U.S. President Barack Obama announced that the India -U.S. relationship would be "one of the defining partnerships of the 21st century". However the relationship hasn’t matched up to the rhetoric and bilateral ties hit a low in 2013. Forthcoming high profile engagements between the two suggest the tide might be changing
Courtesy: Rigues/Flickr
Recent developments at the WTO's two-day General Council Meeting that started on July 24 suggest that India will agree to sign the trade facilitation agreement only if the deal comes bundled with a permanent solution that will allow unhindered roll-out of welfare schemes such as the food security programme.
Courtesy: MEA/Government of India
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
Courtesy: Gateway House
Prime Minister Narendra Modi’s visit to Brazil for the BRICS summit is an opportunity for India to intensify its engagement with South America and reactivate the long-dormant IBSA (India, Brazil and South Africa) grouping. This grouping is a promising partnership comprising of different models of democracies spread over three continents
Courtesy: idevie.com
The New Development Bank was formalised at the just concluded meeting of the leaders of the BRICS nations in Fortaleza in Brazil this week. The location is to be Shanghai. The more appropriate and natural choice for locating the bank would have been Mumbai. There are several reasons why