The historic role of Bombay (as it was then called) as a hub for banking, commerce, trade, and shipping, and its financial clout a 100 years ago, are little known today. With the city scheduled to soon open an international financial services centre, it is worthwhile to recall and integrate this legacy with Mumbai’s present strengths in order to attract global capital to its IFSC
At a time when New Delhi is beginning to not just ‘Look East’ but also ‘Act East’, and when parallel integrative processes are underway globally, including the ASEAN-led process, the incipient China-led process and the U.S.-led TTP, India and ASEAN could together produce a brilliant new era of Asian integration
Rex Tillerson, Chairman and CEO of ExxonMobil and Donald Trump’s pick as U.S. Secretary of State, has had a long and fruitful working relationship with Russia. His experience could lubricate US-Russia relations, a development that can only benefit energy buyers like India
New Delhi now has the capacity to move beyond the basics of economic diplomacy by using the strengths of India's private sector in healthcare. Africa would welcome such an initiative, which will improve the health and development capabilities of African countries. This will also serve India’s geopolitical objectives and can precede a similar healthcare rollout to other regions
In the last seven decades since independence, successive prime ministers have ushered in changes in India’s foreign policy in response to shifting global geopolitical dynamics, aggregating transformation in bilateral relations. This overview places the past against the changes being brought in by Prime Minister Narendra Modi, a more forceful foreign policy practitioner than his predecessors
India imports 80% of its oil and 80% of the imports are from vulnerable regions. This high-cost, high-risk approach is not sustainable, and the current low price of oil offers India an opportunity to secure its long-term energy needs by taking three concurrent steps: diversifying supply sources, investing in oil fields, and using financial instruments
Indonesian President Joko Widodo is visiting India next week two years after assuming office, but Prime Minister Narendra Modi, who is now in the second half of his five-year tenure, is yet to extend the gesture. A ‘Look West-Act East’ policy will benefit both nations respectively
In Modi’s worldview, bolder than that of his predecessors, India has a bigger place than envisaged before. Consonant with this, the prime minister’s foreign policy mirrors the Arthashastra’s emphasis on pragmatic and intelligent use of power, informed by knowledge and the larger cause of the people. Has it been successful so far?