Courtesy: NASA/Wikimedia Commons
At a time when China has invested substantially in its space projects and Russia is invigorating its space exploration, India too must develop a strategically-designed programme. The successful launch of the Mars Orbiter Mission should give New Delhi enough reason to increase India’s space footprint
Courtesy: Ministry of External Affairs, India
In the coming years, India’s greatest strategic challenge in the Indian Ocean region may not be the development of power projection but the quality of the strategic relationships that it can build in the region. The extents to which India will be recognised as a regional leader depend on these relationships.
Courtesy: Berardo62/Flickr
India’s oil imports from Latin America increased from 4.5% in 2003 to 11% in 2012-13. This marks a diversification in India’s energy policy. With Latin America’s surplus energy production and discoveries in off-shore oil fields, India must further consolidate its oil trade with the region
Courtesy: epSos.de/Flickr
The foreign exchange market is considered the most liquid and transparent in the world. However, recent investigations into alleged manipulation of the foreign exchange rates is a reminder that transparent exchange-based systems alone are not enough to ensure fairness
Courtesy: Organisation for Economic Co-operation and Development/Flickr
In the face of a severe economic slowdown and an impending balance-of-payment crisis, the Indian business community has a clear opportunity to pull the country out of the current crisis. However, this can only achieved if the apex chambers of commerce restructure themselves
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The old Indian dream of upward mobility through education and enterprise is being replaced by the new one of leadergiri attained through the pursuit of raw money and muscle power, exercised through politics. It is deflecting young India from the virtuous path.
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Earlier in September, Raghuram Rajan took over as Governor of the Reserve Bank of India for three years. While his entry has indeed alleviated the gloomy market environment in Mumbai, there’s more that needs to be done. How can Mumbai reclaim the natural cosmopolitan and intellectual legacy it once boasted of?
Courtesy: Pete Souza/Wikimedia Commons
Since 2009, distraction and dysfunction in India and the U.S. resulted in low enthusiasm vis-à-vis bilateral ties. Indian Prime Minister Manmohan Singh, who met U.S. President Barack Obama, prior to the UNGA, had one last chance to salvage India-U.S. ties before the country goes to elections in 2014. Did he succeed?
Courtesy: www.GlynLowe.com/Flickr
It may take Chancellor Angela Merkel weeks to negotiate a new coalition, but the vote for stability means that change will only be at the margins of current domestic and foreign policy. Still, the fallout of the election in the EU and beyond, including in India, should not be underestimated
Courtesy: WikimediaCommons
The positive advances made by newly-elected Iranian President Hassan Rouhani and U.S. President Barack Obama at the 68th UN General Assembly indicates a strong potential for a thaw in Tehran-Washington relations. However, it will take sincere efforts from both sides to turn this into concrete reality. Can India help?