tpp-map Courtesy: United States Trade Representative
23 November 2016

A world divided by trade deals?

Amid the debate of a U.S.-centric TPP template or a China-led RCEP model, it is important to consider if such trade agreements are building blocks or stumbling blocks to global free trade. With the passage of the TPP still uncertain in the U.S. Congress, and the RCEP unlikely to be acceptable to the U.S., the more likely global trade scenario will be fragmentation

New Triangle2 Courtesy: Gateway House
10 November 2016

A new Asian triangle?

Aung San Suu Kyi paid high-profile visits to both Japan and India recently; economic cooperation would have been high on her agenda. But what could also emerge from such overtures is a diplomatic threesome

Chp 5. The Chartered Bank%2c Bombay Photo courtesy Dr Jehangir S. Sorabjee Courtesy: Jehangir S. Sorabjee
9 November 2016

Bombay and the City of London

British Prime Minister Theresa May’s visit to India from November 6-8, her first to a country outside Europe, has been focusing on increasing bilateral trade and investments. But 300 years ago, London and Bombay shared a critical financial relationship.

A stack of one thousand rupee notes. Courtesy: 123RF
9 November 2016

How ‘hawala’ impacts national security

On November 8, when Prime Minister Narendra Modi announced to India, the demonetisation of high-value currency notes, he specifically referred to the use of Hawala and fake Indian currency notes for terrorist financing. The hawala system to move funds globally for terrorist financing is huge, secretive, and layered—and a challenge for national security agencies.