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Financial health of Indian banks deserves scrutiny. The RBI should strike a careful balance in its policy objectives. Tighter lending norms are unlikely to be a panacea. It must resist the temptation to resort to such short-term fixes.

This brief employs text analytics to assess the extent to which speeches at the United Nations General Assembly (UNGA) on matters of peace and security find resonance in resolutions passed by the UN Security Council (UNSC). These two are among the six main organs of the UN system: the UNGA is the main deliberative and representative body; and the UNSC is tasked with maintaining global peace and security. This brief studies four contemporary issue

Europe’s relationship with China has transformed in recent years, with Chinese behaviour and actions now increasingly at odds with European values and interests. As Europe adjusts to new global realities amid a full-fledged war, the European Union (EU) and its member states are recalibrating their strategies and relationships with China. This paper aims to decipher these evolutions by assessing the EU approach and those of certain key European

There is the possibility, albeit remote, of the proliferation of nuclear weapons in the region. Riyadh has always been unambiguous in its stance of acquiring a nuclear weapon if Iran does and the Kingdom's longstanding support for Pakistan's nuclear program alludes to this possibility.

The ongoing Russia-Ukraine war has served as a laboratory test to assess the effectiveness of Cyber Warfare (CW) capabilities. It would be misleading, however, to extrapolate sweeping conclusions from this conflict about the relative ineffectiveness of CW. Rather, diligence should be exercised by Indian strategic and military planners in assessing the CW capabilities of the People’s Liberation Army Strategic Support Force (PLASSF) and enhancing

Doklam is merely a symptom of a revanchist China that no longer sees the need to play by the book. India needs to change its strategy as well.

While the trip offered a chance to build on cooperation, it also reinforced existing differences between the two countries.

It seized the moment to create a front against China. But long-term sustenance will depend on timeliness of delivery

The legacy cross-border payment infrastructure is replete with issues of high costs, limited access, low speed, and opaque structures, which have limited the potential of cross-border payments to enhance international trade and foster economic growth in emerging economies. The increased demand for transparent, accessible, faster and cheaper solutions in the financial sector has pushed the private and public sectors to accelerate investments in in

The Bharatiya Janata Party (BJP) has been raising the issue of illegal immigration from Bangladesh for a long time now, identifying itself with the “anti-foreigners agitation” in Assam in the 1980s. The party has recently amplified its position, twin-tagging the issue of illegal immigration from Bangladesh with a promise to update the National Register of Citizens, and amend the Citizenship Act to grant citizenship to Hindus, Buddhists, Sikhs

The key to a stable future in the Subcontinent might lie in producing the long overdue structural change inside Pakistan and with it the definition of its interests in Afghanistan and India. As it grasps at the slim chance of reordering the relationship with Pakistan, India will need all the support it can get from the US.

Emotion, rather than substance, had been the vehicle of the BJP for spreading its reach. But times are changing and it would have been better if the party was talking of a new vision of India which lays out a roadmap for eliminating poverty and squalor.

During a roundtable with a delegation of EU Members of Parliament, the ORF Director pointed out the great chance the international community has today in setting up electricity generating plants in India with green technology.

This brief examines India’s defence allocations for 2022-23. It outlines the conceptual and definitional aspects of the defence budget, examines defence allocations from the prism of state of the economy and public finance, and explores the potential impacts of the budget announcements on the defence production sector of the government’s self-reliance mission, Atmanirbhar Bharat Abhiyan. The analysis also utilises a comparison of India’s mi

That the Muslims in Bihar turned to Nitish Kumar of Janata Dal (United) despite his alliance with the BJP could well be another turning point in the country's political history. This confirms the extent of Muslim exasperation with the Congress. Nitish Kumar harnessed this disgust deftly.

Former Secretary (West) in the Ministry of External Affairs (MEA), Mr. M Ganapathi, has emphasised the importance of the Indian Ocean in global developments in the 21st Century and the importance now given to the region by the government.

The winter session of the Parliament, which has just commenced, is of critical significance to the country and its economy. While some may link the importance of this session to the much awaited Lokpal bill.

After a hiatus of almost two decades, the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) appears poised to once again assume significance in regional affairs. The renewed vigour has already resulted in a fresh agreement on tangible areas of cooperation and ways of resuscitating the organisation. This brief examines the role that will be played by technology and digital skilling in BIMSTEC’s goals toward

This brief is an experienced journalist’s view of how the media should regard the relevance of BIMSTEC, or the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation; and, in turn, how BIMSTEC can utilise the media in making its issues known to the public and the policymakers, in its immediate region and beyond. The brief argues that if BIMSTEC is to become an effective forum for regional cooperation, it should be more o

Severe inequality in the allocation of public finance is a primary reason for rural impoverishment.

If the BJP stands by its leader Arun Jaitley's illogic, it must necessarily oppose any negotiation of India's land boundary disputes with any of its neighbours, including China, Pakistan and Nepal. If this is a considered position of a party that is in striking distance of power, one shudders to think what the foreign policy of a BJP government might look like.

As IndiaChain, the Indian government’s blockchain initiative remains in beta stage, private companies like BanQu are demonstrating small-scale successes in linking blockchain technology with the agriculture industry. Blockchain technology connects buyers and sellers and allows farmers, especially those without access to formal financial institutions–who tend to be female–the opportunity to create digital identities and build credit historie

Once a niche term, Blue Economy (BE) has matured into a popular concept in marine governance discussions in the Indo-Pacific region. As land resources reach their limits, governments in the region are keen to harness the ocean’s wealth for economic projects. Policymakers widely believe the blue paradigm allows marine activities to be earth-friendly and sustainable, and thereby guaranteeing a more equitable future. Recent developments, however,

Given the global importance of the Blue Economy, India’s G20 Presidency brings about the unique opportunity to prioritise the BE for the purpose for growth, green economy and social equity.

As the threat from climate hazards rise, several global cities have altered their urban planning and design approaches to incorporate nature-driven solutions as a counter to conventional infrastructure practices by harnessing blue elements (for instance, seas, rivers, lakes, wetlands, and water utilities) alongside the green (such as trees, parks, gardens, playgrounds and forests). This paper explores the emerging concept of blue-green in

The January 20, 2012 attacks in Nigeria's northern city of Kano, which left at least 185 police and residents dead, was the biggest attack carried out by Boko Haram, a Sunni extremist group which owed allegiance to al Qaida and called for an Islamist rule.

Given the US's counter-terrorism experience and security threat, it is in its interest to come out of its earlier bureaucratic deadlock and view the threat of terrorism more objectively and work to enhance counter-terrorism cooperation with countries such as India.

In the last few years, the European Union has been developing alternative ways of digital governance. This 'European way' could represent a shared model for new players worldwide, or else, herald the beginning of the fragmentation of the World Wide Web. These developmentsfrom rulings of the European Court of Justice on 'the right to be forgotten' and on safe harbour, to record-breaking sanctions for violations of competition law, to standard�

India has enhanced arms purchases with other countries over the last two decades. But it will be several years before its dependence on Russia ceases if its domestic industry truly flourishes

It is apparent that panaceas such as debt write-downs only offer short term relief to the debt ridden Eurozone as long as structural imbalances persist. European leaders need to look for a multipronged approach to deal with the problems.

The BRICS bank, now tentatively called the New Development Bank, is indeed a new and long overdue development. It is the first step towards reforming the world financial system. It has to be read against the decision of the BRICS nations to do trade more with each other on the basis of currency swaps.

Urban governance in BRICS countries will require different policy solutions because of differing circumstances.

The recent G-20 Summit in Los Cabos, Mexico, featured a pivotal change in the geopolitics of international finance. Emerging economies contributed billions to an emergency IMF (International Monetary Fund) fund designed to provide additional support to the Eurozone nations in case the debt crisis worsens.

China as the leader of the pack will use BRICS for control and dominance. The West will see this as a threat to existing arrangements and try to pull it down before it takes off. Indian presence will remain weak so long as our economic reforms and progress remain slow and our internal political and policy frameworks remain uncertain.

BRICS mandate is under siege at a time of slowing economies and growing intra-BRICS political divergences. Above-all, it has been struggling to retain its relevance

The world of BRICS is expanding. Despite setbacks, this association of Brazil,Russia, India, China and South Africaall of them important, emerging-marketeconomiesremains relevant as it continues to comprise a big share of the world's population,its resources, and global trade. This paper describes the rise of BRICS and their growing mutualinterest in cementing their economic and political ties. It argues that while problems remain inpromoting coh

Ambitious expansion meets internal divisions as the bloc strives to redefine global power dynamics.

This report is part of the Observer Research Foundation’s “Financing Green Transitions” series which aims to find potential linkages between private capital, in all its forms, and climate action projects. The series will primarily examine domestic and international barriers to private capital entry for mitigation oriented climate projects, while also examining potential avenues for private capital flow entry towards adaptation and resilienc

India and Bangladesh relations got a new boost following Finance Minister Pranab Mukherjee's brief visit to Bangladesh recently, demonstrating New Delhi's keenness in enhancing bilateral relations.

The Delhi government is facing numerous challenges in managing water demand and supply in the capital, primary of which are water shortages and declining groundwater levels. One of the strategies that are being employed to address these issues is the promotion of rainwater harvesting (RWH). This report provides an account of the growth and development of Delhi’s RWH sector. The analysis shows that while the programme has met with some success,

This brief underlines the immense potential for increased cross-border trade, tourism, and people-to-people interactions between India and its Southeast Asian neighbours. In particular, it evaluates the importance of India–Thailand relations, emphasising the present state of the India–Myanmar–Thailand Trilateral Highway (IMT-TH). Although India and Thailand share a maritime boundary along India’s Andaman and Nicobar Islands and Th

Finance Minister Nirmala Sitharaman needs to infuse strategic urgency into her eighth budget. Five ways she can address the risk from US President Donald J Trump’s efficiency drive

The Finance Minister announced allocations for various sectors in the Budget. But these are a regular feature of every Budget. What was different in this Budget? Almost nothing except that there has been fiscal consolidation. Obviously, it is not going to satisfy the common man, farmers, industry or foreign investors.

Structural issues like partial utilisation of allocated funds, slow implementation of projects, and short-staffing pose a major challenge to the successful implementation of the budget

The Finance Minister has chosen to walk the conservative path, hoping to stimulate investment and growth through small half-measures. Expect high rates of inflation in FY 13 and greater pressure on the fiscal deficit despite white paper on black money.

The ORF-hosted BRICS Academic Forum's recommendations to the 4th BRICS Leaders Summit, to be held in New Delhi on March 29, seek to set the agendas for global governance reforms and sustainable development and map out a new geography of cooperation.

Climate change, conflicts, and various crises have exposed the vulnerabilities of global food systems. Acute food insecurity and undernourishment have become more prevalent in recent times, and the imperative is to build more robust and sustainable food systems that do not adversely impact the environment. The COVID-19 pandemic has only underlined the importance of food security in times of crises. This brief explores the promise of clima

Recent global events have underscored the importance of economic integration even as they have exposed the fragility of global value chains (GVCs). The outbreak of the COVID-19 pandemic, for instance, highlighted the systemic risks to the functioning of GVCs. This brief explores the factors that impact the creation of production networks and recommends key methods to make GVCs more stable and sustainable to withstand potential shocks.