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For him, Turkey is the Islamic power awaiting its due, and while it does not have the oil dollars backing its fragile economy, it is still working hard to create its own narratives and influence zones across the region.

As Delhi focuses on managing Washington's pressure to reduce oil imports from Iran and avoid the imposition of unilateral U.S. economic sanctions on India, it could easily miss the unfolding power play in the Gulf between Tehran and Riyadh.

As the world confronts multiple challenges which are intricately connected, our path for development stands at a crucial juncture. In the context of the embroiling polycrisis, progress on the sustainable development goals (SDGs) has been steady but fragile with major and persistent challenges. Financing for Agenda 2030 has emerged as a major bottleneck with several developing economies, especially the least developed countries (LDCs), low-income

Exports are in free fall. The import bill is increasing as oil prices continue to rise under international oil cartel's diktats. Fiscal anyone?

Poor choices and domestic turmoil have hindered India’s economic transformation

The Indian proposal for a SAARC power-grid, revived by Union Minister Piyush Goyal, has the potential to increase power-generation in South Asia. It also has the potential to reverse the way the South Asia thinks about itself - and the world thinks about South Asia, besides cutting oil bills of countries like India.

Even if there’s a ground invasion by Israel into Gaza and an extended conflict, the impact on energy prices and the resultant OPEC response would depend on the scale and reach that the conflict takes. If it remains localised without affecting major oil producers or transit routes, prices may see limited immediate change, prompting OPEC to maintain current production levels

West Bengal Governor M.K. Narayanan thinks that India must carve out an area of influence for herself as China has made it clear that it is not going to restrict itself to Western Pacific, and so, there is high likelihood that China will come into the Indian Ocean because of its interest in oil.

The behind-the-scenes drama had all the ingredients of a potboiler.

While the Arabs tend to blame the West for their troubles with some reason, much of the blame they have to shoulder themselves. The Arab world is in turmoil mainly because of undemocratic regimes, lack of institutions, the absence of a spirit of scientific enquiry and societies that have yet to adjust to the 21st century.

India foiled US efforts to get involved in the '90s, when things were far worse in the Valley. Now through acts of commission, Modi has provided an opening for the US to enter.

Cutting oil and gas out of the climate conversation won’t work because – like it or not – they will underpin the global economy for years to come

Africa has emerged as a favoured investment destination on account of the high rate of growth experienced by many African countries and discovery of oil.

Never before has India story looked more credible than it does today with the world in turmoil and India standing out as a beacon of hope.

Having indicated his intention to increase gas pipeline network infrastructure by 15,000 kilometers, making it almost double existing capacity, India's Finance Minister Arun Jaitley has certainly raised an intellectual argument among oil and gas stalwarts: What should be India's priority - gas or gas grid?

Indian interests in the Persian Gulf region are paramount. That is from where India gets 70% of its oil, and where seven million of Indian citizens labour and send back remittances of around USD 35 billion per annum.

As hard-boiled realists, Modi and Putin must acknowledge the new dynamic around them, find ways to limit its impact on the bilateral relationship and move quickly towards expanding the scope of their commercial ties and revitalising their cooperation in energy, defence and high-technology sectors.

Whatever Modi may want to do in the coming years is circumscribed by the fact that India does not have too many cards in its hands. It is not an oil-rich country, or one with some ideology to export. It is a poor country whose primary goal is to transform the lives of its people.

India has completely stopped the import of oil from Iran to comply with a US order reimposing sanctions on the country.

India is all set to further its energy cooperation with Sudan. Reports suggest that ONGC Videsh Limited (OVL) has decided to invest $1 billion in Sudan to acquire 25% stakes of the 5A/5B oil projects in Sudan. The project is currently owned by Austrians.

In spite of some benefits, the TFA is embroiled in controversy. Trade facilitation, according to some scholars, will enhance the developed countries' access to Indian markets and may impact manufacturing growth. Studies have shown India is losing out in competitiveness in all product lines and there has been a 'hollowing out' of industries.

Indian investments in Africa, from both public and private sector entities, have increased considerably in the last decade. Yet despite the growing importance of Indian investments in Africa, only a few empirical studies have been carried out on the subject. This paper undertakes a disaggregated analysis of Indian foreign direct investment outflows to Africa from 2008 to 2016, and presents three main findings. First, it confirms earlier analyses

In the face of geopolitical turmoil and a Chinese exit, India must negotiate its Indo-Pacific trade ties with caution

As a precursor to the wider project of energy cooperation between Central Asia and South Asia, India and Pakistan must take baby steps towards energy trading as part of their ongoing trade liberalisation. Petro-products delivered by Indian refineries in the north and west to Punjab and Sindh regions would save Pakistan at least $14 per barrel of oil.

The Arctic region, with its vast reserves of natural gas, minerals, oil, and hydrocarbons, presents energy and economic opportunities for countries, including India. India’s Arctic Policy, released in 2022, signalled the country’s intent to expand its engagements in the region beyond its historical focus on scientific research and climate studies. While the policy acknowledges the region’s growing economic potential, however, it does not ad

Not all is lost for Fonseka, as yet. He has every right to move the Supreme Court in every case against him, civil or military. The temptation for keeping the political pot boiling is also there, but that will not change the course of the legal and judicial processes.

The Commodity Transaction Tax (CTT) was imposed on non-agricultural commodity derivatives trading in India from 1 July 2013. This paper investigates the impact of the CTT on some of the efficiency parameters of the commodity derivative markets in India. The authors analysed daily trading data from January 2006 to December 2019 of Multi Commodity Exchange (MCX) of India for five non-agricultural commodities: aluminium, copper, crude oil, gold, and

Opening up to Iran would give the US some leverage over Tehran, while also ensuring that its current allies in West Asia do not take it for granted. Meanwhile, once Iranian oil flows into the market, oil and gas will get cheaper, and US companies will get more opportunities to invest in Iran.

This year, India's and China's crude oil imports from Iran has risen sharply - up by 43% year-on-year basis and 36% year-on-year basis respectively, according to a Reuters report. World's oil giant companies have also shown interest to return to Iran. Do these indicate that Iran has turned the bend and worst phase of sanctions is over?

Last week the curtains came down on the 21st century's first unjust war - the US involvement in Iraq. But worse may follow after the American pullout. The implications for India of further turmoil in the Persian Gulf, particularly Iraq are enormous.

As Iraq heads to elections, voters face a choice: preserve the oil-dependent status quo, risk radical reforms, or embrace populist uncertainty.

This report discusses India's economic resilience, investment opportunities, and growth amidst global turmoil, highlighting foreign investment, sectoral reforms, and geopolitical factors influencing India's status as a top emerging market.

The recent shift by the Middle East prioritising geoeconomics over the Palestinian issue could suffer a setback. The crisis ignited by Hamas highlights that the gap between top-heavy policy decisions and groundswell public opinions, movements, and crisis points need to be addressed by regional powers to ensure long-term sustainability of economic cooperation programmes

One compelling reason for Japan to adopt the new energy policy was the Abe government's recognition that in the absence of nuclear energy, which accounted for 30% of the total electricity until recently, the country had to pay heavily for importing oil and gas from abroad.

With the Gaddafi regime in Libya becoming history, great care must now be taken to prevent the prospects of a dark, chaotic future being realised in the oil-rich North African country. If the wealth is used to create infrastructure, facilities and economic opportunities, then Libya can look forward to a stable and prosperous future.