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Most central banks across the globe are today seized with the idea of cryptocurrency, with countries like Sweden and China already embarking on their pilot projects. This paper argues that most of the proposed architectures for a Central Bank Digital Currency (CBDC) are not designed to mimic the paper currency in its digital form. It proposes an architecture that largely retains all the properties of a paper currency, with only one limitation—i
Evidence from several countries suggests that last-mile connectivity solutions—the transport options available to commuters from the origin of their journey to the point of accessing a public transit system—enhance citizens’ mobility and increase metro rail ridership. This brief evaluates India’s operational metro rail transit systems to identify the missing links in the provision and effective implementation of last-mile connecti
India is ready to take on a larger global role by being more nimble than ever in playing the great power game.
Pacific Small Island Developing States (PSIDS) are highly vulnerable to disasters emanating from the impacts of climate change, geopolitical tensions, and fluctuations in global energy markets. To overcome this, the PSIDS have committed to ambitious carbon reduction targets, and to adopting renewable energy and low carbon emission initiatives. However, they must contend with critical barriers, such as the lack of finance, capacity, and te
The two countries’ geopolitical compulsions, especially regarding containing china in the indo-pacific, have translated into closer trade ties
America’s global hegemony is the sum total of its domination in various regions of the world like Europe, Middle East, or East Asia. Today when the Americans look at East Asia, they see a hugely enriched and militarily powerful China increasingly challenging them.
Manoj Joshi, “A Survey of India-US Defence Cooperation,” ORF Special Report No. 224, March 2024, Observer Research Foundation.
India has been witnessing rapid urbanisation in the last decade, particularly in its large and medium-size cities. As more and more people move towards cities and towns, it is imperative to build an understanding of how cities are geared in terms of growth and inclusion. In what ways do India's marginalised communities get excluded from the country's growing urban spaces? This paper studies how individuals and groups are included inor exclude
Last week India hosted two important visitors – Russian foreign minister Sergey Lavrov, and the US special presidential envoy for climate John Kerry. These were routine visits, one to lay the groundwork for a potential Russian presidential visit to India and the other to assess Indian intentions on climate
With a trade deal unlikely, New Delhi must calibrate the costs and benefits of the U.S. President’s political tour
A one-on-one Trump-Putin meeting being proposed by sections of the Trump Administration would be a big win for Putin who desperately wants recognition as a global statesman
Their collaboration highlights the power of strategic alliances and technological synergy
Amidst geopolitical shifts and multipolarity, New Delhi’s ties with Berlin could be vital in shaping a new global order
The different service arms of China’s armed forces are all undergoing substantial transformation, including exploring the possibilities of integrating Artificial Intelligence (AI) to boost their combat power and effectiveness especially in a time of war. This paper evaluates the significance and potential of AI in improving China’s military capabilities. Chinese official documents and their enunciation of military doctrine indicate that the c
Public angst against Aadhaar is not because of the technical effectiveness of the system, but the manner in which it is proposed to be used.
In an era of Asian strategic uncertainties and global power transition, India-Japan defence and security linkages have become particularly significant.
With surgical strikes becoming a tactical success the real triumph will be in achieving a strategic shift in Islamabad
Unrealised convergences between India and Central Europe can be pivotal in instituting a rare dynamic based on identified complementarities, and not towards exacting competitive leverages
The government is approaching the issue of declining sex ratio with a new commitment. It should be tackled with nuanced policy interventions. Instead of introducing more schemes, the existing schemes could be made more accessible and the loopholes could be confronted.
India’s maiden solar mission undertook a journey of around 1.5 million km from Earth, taking 127 days to reach its final destination.
Naval diplomacy has emerged as a pillar of India’s external engagements. While conventionally regarded as a military arm, the navy is increasingly assuming a greater role as a diplomatic actor. This brief underlines three trends in India’s naval diplomacy in the Indian Ocean, shaped by its broader political outlook in the region. First, there has been a normative shift in how India views the role of the navy. Second, India’s bilateral engag
Aero India 2011 raises a few issues for future debates. Should aerospace modernisation be a national priority as India enhances its hard power? An affirmative answer validates the significance of Aero India. But, such fundamental issues need to be debated beyond the confines of the government.
With India and Russia having a common interest in Afghanistan’s stability, the ensuing big power competition, which is pushing Moscow into a tight Chinese economic embrace, is increasingly turning out to be a challenge.
The deal with the Taliban is full of contradictions, but it is the best the US could come up with. Rather than criticise it, India should think about what its own options are in securing its flanks
Given his limited choices in stabilising Afghanistan, which include supporting a national election, US President-elect Donald Trump will find India to be a reliable and trusted partner in this process
The visit of Mr. S Jaishankar, India's Foreign Secretary, to Kabul this week came at the fag end of his trip to all the other South Asian neighbouring countries. During this brief visit, he met with Afghan President Ashraf Ghani and his Chief Executive Abdullah Abdullah and reaffirmed India's commitment to stay the course in Afghanistan.
The Indian Consulate in Jalalabad was the target of a suicide attack on August 3. The attack, though did not harm the consulate or any Indian personnel, resulted in the death of 9 bystanders.
The recent developments in the Afghan reconciliation process have evoked a new sense of optimism regarding a peaceful solution to the conflict in the country. First, there was the release of 26 prisoners, in batches, by Pakistan and then the two-day talks in Paris,
The key is to achieve peace within the Islamic Republic of Afghanistan — a system that is defined by its core values related to human rights, women’s rights, democracy, rule of law and political inclusion.
Mediterranean Shipping Co. has introduced a container service between India and Africa to "improve transit times and enhance delivery."
Given Africa’s unusual pattern of structural transformation, India could be a natural partner as far as the search for new development models is concerned.
Prime Minister Narendra Modi's muscular outreach to the world has evoked intense curiosity. Foreigners are lining up to check if we are ready to walk the talk. Does reality match the hype? It helps that India has a global reputation for gorgeous shopping ? the jewelry, the silks, the pashmina, fashion wear, all available at competitive prices.
India will have to learn the fine art of staring down the dragon to preserve its political space, while embracing China for some important economic opportunities. At Doklam, it did the former; will a different India turn up at BRICS?
Modi’s remarks aimed to put across an India that was ready to synchronise itself with the Trump administration’s goals, but the US president made it clear he wanted India to commit to “free and fair trade”.
Modi needs to emphatically clear the air to control the ramifications of Trump’s prattling.
It would be unwise to expect that Trump’s tweet represents a major policy shift. That Pakistan has been playing the US on the issue of support to the Taliban is no secret. If anything, Trump’s remarks are a manifestation of American frustration in getting Pakistan to behave.
The Poonch incident two weeks ago and in Uri indicate there is no fight left in the militants in the Valley.
Indian Navy requires at least 30 submarines to fulfil its commitments. But the Navy currently has only 13 subs - that too fairly old diesel electric conventional submarines . Shockingly, only half of them are operational at any given time.