Courtesy: Petroleum.nic.in
The present pessimism about India’s dipping exports is a misreading of the numbers—the country’s exports have fallen because of the lower price of petroleum, and not due to any slowdown in industrial activity or reduced demand from foreign markets
Courtesy: Amit Dave (Reuters)
Conjecture about a Rosneft-Essar deal shows how the oil market dynamics have shifted in the past few years. Just as supply security is important to oil buyers, demand security is crucial for oil suppliers. Buying refining and marketing assets in big markets like India is the route to demand security for Russia, whose economy depends on petroleum exports.
Courtesy: Wikimedia commons
China's belligerence in the South China Sea is causing anxiety in India. India needs to strengthen its stance on the situation to maintain preponderance in the region which holds great significance to its trade.
Courtesy: www.info7.com
The Pacific Alliance—Mexico, Colombia, Peru and Chile—is one of the newest and most vibrant regional groupings in Latin American. Apart from the liberal foreign trade policies of these countries, they also have higher growth and lower inflation rates than their neighbours. India’s trade with the grouping has been growing, and as an observer member of the bloc, there is scope for much deeper engagement.
Courtesy: MEA Flickr
A common thread during Modi’s recent visits to China, Mongolia, and South Korea—as well as on his visits to other countries over the last year—is an attempt to move India away from coal and towards cleaner forms of energy such as solar power, natural gas, and nuclear energy. This signals a more responsible approach to development
Courtesy: Alibaba, Xiaomi, Wechat
Less than two years ago most Indians would struggle to name a Chinese company. Fast forward to the present, Chinese smartphone company Xiaomi is on the tips of everyone’s tongue. Chinese internet giants Alibaba, Tencent and Xiaomi have emerged as investors and major players in India’s fast growing e-commerce and internet space. Their emergence marks a new and exciting area of cooperation and engagement between India and China
Courtesy: Taneli Rajala
The 'Make In India' campaign could learn from the manufacturing success story of Mexico which has come to be called as a 'rising global star in manufacturing’ and 'the China of the Americas'. Prime Minister Modi can seek inspiration from President Enrique Peña Nieto who has brought about a dozen major reforms by forging a historic consensus with the opposition parties through the Pact for Mexico.
If India is to harness its demographic dividend and the 'Make in India' campaign is to succeed it is important that the growing working force is equipped with the necessary skills. India's current system is lacking in both quality and size, the German model holds a number of solutions for India
Novelist Sharadindu Bandopadhyay created fictional detective Byomkesh Bakshi in exciting geo-political times, in Calcutta, then an interesting global city. The movie Detective Byomkesh Bakshi , directed by Dibakar Banerjee, tries to capture some of these fragments
Courtesy: MEA India
The French media’s reportage of Modi’s recent visit to France was limited but significant, and inevitably a lot of it was about the Rafale deal. Various other issues were covered, including the nuclear reactor project in Jaitapur. Some newspapers recommended that France must heavily invest in India, while some expressed concerns, but on the whole the coverage has generated enthusiasm