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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
India’s long-term growth strategy must be pegged to its labour force, whatever the economic model of choice may be. A major part of how the Indian growth story plays out will hinge on the country’s success in delivering the right to life, health and livelihood for all Indians, including India’s girls and women.
The mitigation of climate change will be successful only if water risks are factored in while drafting ‘climate-smart’ strategies.
IPEF की रूपरेखा में ख़ामियों के बावजूद ये ढांचा भारत को दक्ष
Delivering the 5th RK Mishra Memorial Lecture on Thursday, Iran's Foreign Minister Dr. Mohammad Javad Zarif called for a "new paradigm" in international relations to usher in an inclusive world where each State played a role.
Though Iran and P5+1 negotiators have only agreed upon the parameters for the Joint Comprehensive Plan of Action (JCPOA) and the "implementation details" are yet to be worked out, this nevertheless is a significant step.
India must continue to remain politically engaged with Tehran despite its partnership plan with China
In a prescient view, when the region and the world were still sizing up the Iranian President-elect Mahmoud Ahmadinejad, a Xinhua despatch from Teheran featured by People's Daily in early August reported: "The successful play of the class card and religion card at a critical juncture has brought an unknown mayor to the office of the president.
The fact that ISIS has managed to attack in and around Baghdad is an anecdotal yet strong indicator that during this time of multiple crisis, the terr
As weather has historically been used as a weapon in warfare, India must assess the geopolitical and strategic implications of China’s growing weath
Developing countries owe Beijing a lot more money than is commonly realized. This is how empires start.
China's aggressive postures in the disputed South China Sea regions have not only increased the unease and apprehensions of the affected countries but have also drawn it to the US strategic trap, placing China in a no-win situation.
Prime Minister Narendra Modi, within eight months of coming to power, has gone about strengthening India's relations with Japan, Australia and the US, in what seems to be a well laid out plan with a clear agenda.
The only way Japan can cope with the current nuclear crisis and emerge strong is by believing in, what critics called as, "idealistic" reforms and plans that may look "impractical" in the short run.
The Taliban today undoubtedly has a stronger hold over how the US militarily plans to withdraw from the conflict in Afghanistan. This raises questions about the continuing challenges to security in South Asia—in particular, the influence of IS Khorasan (IS-K), the group’s Afghanistan avatar, and its rise both as an ISIS-aligned entity and a big-tent brand for various jihadist groups in the country. As the ‘Khorasan’ project of ISIS gets m
Although South Korea’s Indo-Pacific strategy is being touted as a sincere attempt to play a more dominant role in the region, will it truly make a d
China’s refusal to resolve the border dispute, and force Delhi to accept Beijing’s primacy, cannot be acceptable to India
USA solar industry got a setback with almost three solar companies, including Solyandra Inc., declaring suspension of their operations and plans. Criticising China's role in the failure of the U.S solar companies may come as a natural defence mechanism, but then China can't be completely held responsible.
The ISRO and potentially some players from the private sector should be enlisted, unless it is already happening, to develop the requisite technology
Both the ruling BJP and the opposition Congress in Madhya Pradesh are battling on development plank, offering slew of populist measures for the St
For the first time in India's history, a common technological platform is available to provide governance services to all Indians through one single smart card.
The BJP-led government will have to walk the tightrope and act on its election manifesto — Sankalp Patra — which explains its long-term strategy f
Tokyo's growing engagement with the countries of the region is a strong reflection of Japan's desire to play a greater role in regional security. As Beijing continues to take assertive and aggressive actions in the region, Tokyo has found a way to renew its partnerships with the key actors of the region.
The ruling Democratic Party of Japan (DPJ) faces its first crucial test, after it captured power in August last year, when the House of Councillors election takes place on 11 July. The outcome of the election will have a great impact on the effectiveness of new Prime Minister Mr.Naoto Kan.
From the beginning of the 21st century, India's foreign policy got a strategic orientation. Until then, it lacked coherence due to the absence of an overall plan or document stating the foreign policy objectives, says Professor Takenori Horimoto of The Open University of Japan.
Whatever happens between Kabul and Rawalpindi, India has no reason to get too anxious. If Delhi holds its nerve and plays well the few cards it has, India could yet have some impact on the evolution of the Af-Pak dynamic.
Located between France and Spain in southwestern Europe is a place called Andorra; 468 kilometres in all, 2.5 times the size of Washington DC with a population of 69,150, predominantly Roman Catholics, 43 per cent of whom are Spanish and rest either Andorrans, French or Portuguese.
How much satisfaction will one get by owning a flat or an apartment house in such places protected by thousands of boots on the ground is beyond measu
Now that India has successfully demonstrated its ASAT capability, it should play an important role in mitigating problems such as space debris, space traffic management, orbital frequency issues and other issues.
The abduction of two French journalists in Iraq citing the new French law against head-scarves in public places as the reason marks a new chapter in the ongoing US-led 'global war on terrorism'. Considering that France, along with Germany, was more sympathetic to Iraq under Saddam Hussein when US launched the 'Second Gulf War', it also marks a new phase in the 'international jihad' after 9/11.
Emmanuel Macron’s objective is to expand the centrist turf as a uniting force and secure the pro-Europe platform.
As New Delhi and Seoul reconnect politically, the planned visit of President Park to India in the next few months provides an occasion to think boldly about the future of the bilateral partnership. If Delhi can look beyond China in its policies towards northeast Asia, it will find that South Korea can help develop very interesting strategic options for India.
India's top military experts say the lack of clarity and differentiation between conventional and nuclear missiles in the 2nd Artillery Corps of the Chinese army (PLA) is a cause of concern for India. They also point out that there exists a lack of discussion on Chinese cyber capabilities or its command and control structures.
The land amendment bill, brought in by the Modi government, represents a crucial plank of his government's economic agenda to turbocharge Indian growth. The government would find it difficult to execute its Make-in-India policy without improving the legislative framework for land acquisition.
After 9-11, many Americans remember Pakistani dictator Gen. Pervez Musharraf¿s speech to Pakistanis in English, in which he explained his U-turn on the Taliban and Al Qaida. Faced with a ¿with us or against us¿ ultimatum from an angry America, Gen.Musharraf told his rich Pakistani elite brethren that Pakistan had to finally ¿shun extremism¿ and join hands with the US.
These are clear indications that Lashkare-toiba, Harkat-ul Mujahideen and Lashkar-e-Jhangvi are poised to regroup and re-emerge in the coming months as part of Al Qaida¿s new plan to extend and consolidate its activities in the Middle East and Asia, especially Saudi Arabia and India.
Wikileaks has not only knocked open the door on 250,000 secret diplomatic cables, it may also have inaugurated an era when audacious discourse will not be placed under the stifling blanket of that expression - "Conspiracy Theory".
There are multiple concerns around the audit of CSR and a discomfort with the lack of audit and oversight required for CSR activities. "Comply or explain" simply has not worked in the case of other existing regulatory frameworks that deal with corporate governance issues. It is time to realise that in India, only a few are in a position to ask, while nobody is in any hurry to explain.
The Russia-Ukraine crisis displays the hollowness of the rules-based order and exposes the immediate threat that China poses to India
Women representatives have played a critical role in redefining local priorities, but proper measures need to be adopted to address the existing chall
It has become apparent that there have been grave failures somewhere — but more likely in multiple places — in the Indian intelligence chain, as i
It is apparent that local government bodies played a big role in controlling the pandemic, therefore they should be further empowered
The problem that ‘public message attribution’ seeks to fix may already be possible through internal controls built into the WhatsApp platform.
There is a modicum of double standards being displayed by China — it has had little compunction in assisting Pakistan with the CPEC.
India, with its culture and wisdom of well-being, nonviolence, and harmonious co-existence, can play a crucial role in conflict resolution and peacebu
India is the world’s largest rice exporter, making it a significant player in the global rice market. A global rice shortage is anticipated amid rising geopolitical tensions and commodity prices. To safeguard domestic consumers from exorbitant price shocks, India has banned the export of non-basmati white rice since July 2023. This paper examines the ban's implications, especially regarding welfare redistribution among basmati and non-basmati f
एलजीबीटीक्यू+ समुदायाची आर्थिक क्षमता खुली केल्यास त्य�
A year after India abstained in the Libya vote, it's clear that India's decision to step aside gained it little, and may have done significant damage to its international standing. If Delhi is to meet its aspirations of becoming a significant regional, let alone global, player, then it needs to think more carefully about the message its positions send.
