Courtesy: Business Insider India
Since 2014, India has been deliberate in its efforts to build stronger ties across Africa. It is characterised by high-level visits, increased diplomatic presence and the integration of the African Union into the G20. The continent’s significance will only grow. India must continue to deepen cooperation across the political, security, economic, and socio-cultural domains and promote Africa’s interests.
Courtesy: Suresh Mehta and 'Fragrant Folios: The Palanpur Story' by Jitendra C. Mehta and Amrit Gangar.
In Antwerp's global diamond exchanges that trade in rough and polished stones, the Gujarati-speaking Palanpuri Jain merchants are known as intrepid businessmen with a reputation for keeping their word. These traits has enabled them to live and work amongst Hassidic Jewish diamantaires and cutters-polishers who dominated this market. They carved a niche for themselves in small diamonds. Bombay played a key role in their success.
Courtesy: Business Standard
In April 2022, Sri Lanka defaulted on its foreign debts kicking off its worst economic downturn in over 70 years. In a paper for the Institute of South Asian Studies, Ganeshan Wignaraja examines key policy, the benefits of IMF support, and the role that Indian aid has played in Sri Lanka’s recovery while emphasising potential risks of its upcoming presidential and parliamentary elections.
Courtesy: Business Standard
As 960 million Indians set out to cast their votes in the on-going electoral fray, a good number will be concerned with India’s global image and policy, now more front-and-centre than ever before. The contesting political parties have differing views of how India should engage internationally. How will these resonate with the vast electorate? The foreign policy agendas in the various party manifestos are worth assessing.
Courtesy: The Times of Israel
Grey zones have blurred the frontiers of conflict and peace worldwide, creating ambiguous wars of complex scenarios and labyrinths that have transformed strategic foresight and the international and national security landscape. In these arenas, multiple options are available, where regional powers' ascertainments converge with the poker game of political, diplomatic, economic, and military interests, as well as the operations of state and non-state actors.
Courtesy: Shapoorji Pallonji
The Reserve Bank of India entered its 90th year on 1 April. From the 1940s to 1960s it was critical in protecting India’s interests at the Bretton Woods Conference in 1944, and conserving India’s Forex by managing a Rupee trade with the East Bloc. Today, it is among Mumbai’s several historic financial institutions and has navigated India’s economy through turbulent geopolitical and geoeconomic events.
Courtesy: Hindustan Times
Since the military coup in 2021, fighting continues unabated in several parts of Myanmar, including the strategically important Rakhine state. The country’s internal problems can't be solved by the Myanmarese people alone. Experts in ASEAN and Myanmar's neighbours should be given the chance to offer solutions driven by their understanding of the history, national identity, diversity, challenges and potential of this country.
Courtesy: Realty Plus
The Golden Visa, an investment-for-residence offered by 100 countries, is a status symbol for the wealthy and their investments. Now governments are discovering it is also a safe hideout for tax evaders and money launderers, and several countries that offer it are no longer as attractive to live in. High net worth Indians who have enjoyed the status, may be better off investing at home in GIFT City.
Courtesy: South China Morning Post
The recently-concluded National People’s Congress or Two Sessions in Beijing didn’t surprise much. But a thorough analysis reveals departures from the past – not holding a press interaction after the meeting, and further consolidation of domestic power by the Communist Party of China. Of note to India is the delinking of China’s defence budget from the country’s rate of growth – meaning freedom to enhance its military’s capability.
Courtesy: CGTN
China’s hostile actions in the East and South China Seas have led to a deepening of naval partnerships within the Indo-Pacific such as the U.S., Japan, Philippines, Australia and South Korea. As crises in West Asia escalate and the strategic contest between the U.S. and China hardens in the Pacific Ocean, India – placed strategically in the Indo-Pacific – can’t neglect either the west nor east.