146 results found
Enabling UPI services in the Gulf can simplify and streamline the process of sending money to India
Bhutan must create reliable relationships with other countries that can offer the framework of an international community. One such community can be t
This paper projects the nationwide and state-wise size of India’s Unified Payments Interface (UPI) market under various GDP growth scenarios. The market sizes under these scenarios are expressed in monetary values at the scale of both sub-national units and the Indian economy as a whole. With the help of transactions and market share data from Phonepe, a UPI company, the paper estimates the national and state-wise base case scenario market volu
Some years ago when Karan Thapar interviewed Pervez Musharraf, the general was self-assured and voluble. That was before 9/11 but after Kargil. Last fortnight, he was once again voluble, and when not talking about himself, he was talking about Kashmir. But his body language showed nervousness, impatience, an edginess and even tiredness. And Thapar drove a hard bargain.
United States and India must ensure their current trade and tariff issues do not lead to serious strategic disagreement. The two cannot afford to miss the emerging geopolitical realities driven by China’s growing power.
While in politics, the consequences of loss tends to be temporary, the same cannot be said of in war.
Digital payments are no longer about ensuring that money reaches the intended person or entity. Instead, the data exhaust of the transaction has becom
यूपीआयची (UPI) सेवा उपलब्ध करून दिल्यामुळे परदेशातून भारतात पैसे पाठविण्याची प्रक्रियादेखील अधिक सोपी आणि सुलभ होणार आहे.
पंतप्रधान नरेंद्र मोदी आणि श्रीलंकेचे अध्यक्ष विक्रमसिंघे यांनी UPI सेवांचे उद्घाटन केले.
The mature will have to build a new bridge and reach out to the younger and more energetic forces in the grouping.
Since his assumption to power in 2014, Indian Prime Minister Narendra Modi has been slowly stretching the arm of the country’s foreign policy into Pacific waters in furtherance of the ‘Act East’ policy. While India’s relationship with the Pacific island states (read, not Australia and New Zealand) is quite unestablished, Modi is attempting to set the foundations for prosperous future cooperation. In the form of a guidebook for India on Pa
Global temperature rise is set to exceed 1.5°C compared to pre-industrial levels by 2100. Efforts to ramp up climate action must be accompanied by an assessment of countries' existing strategies to combat climate change. At the same time, it is crucial to determine the effectiveness of multilateral institutions in mitigating climate change by galvanising member countries in this direction. This report presents a comparative analysis based on fiv
The formation of AUKUS (a security alliance between Australia, the UK, and the US) and its likely forward momentum in the near- and medium-term is certain to redefine the security architecture in the eastern Indo-Pacific region. Given the twin objectives of maintaining the balance of power and ensuring deterrence against China, several new initiatives and defence agreements between the member countries are on the anvil. The interface of A
New defense and security cooperation efforts are springing up across the Indo-Pacific, between some Quad members and those outside the grouping.
The Bay of Bengal is highly prone to extreme weather events, many of which result in massive disaster. The sub-regional grouping, BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral and Technical Cooperation), took a long time to begin nurturing their collective capabilities in disaster mitigation. It was only after the Indian Ocean tsunami of 2004, which caused overwhelming devastation in the region, that BIMSTEC identified the area of ‘Envir
As the Bay of Bengal region continues to rise as an economic and strategic hub, there is increasing awareness of the role to be played by the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) in promoting growth, development and stability in the region. Having kept a low profile in its 20 years of existence, BIMSTEC is now being seen as a potential driver of integration between South Asia and Southeast As
Despite being a grouping that has members from what is frequently referred to as the least integrated region in the world, BIMSTEC continues to show i
India is seeing a shift towards greater financial inclusion and women's empowerment. Policies supporting this trend can create a more equitable financ
This paper explores the various opportunities and challenges of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation or BIMSTEC, a unique inter-regional grouping composed of aspiring member countries from South Asia and Southeast Asia. While the grouping has massive potential to contribute to regional cooperation, this paper explores the capabilities of the organisation in terms of meeting the expectations of renewed
China has twice broached the matter of expanding the membership of BRICS (Brazil, Russia, India, China and South Africa): first, at the 2017 Xiamen Summit, and again, more recently, at the 14th BRICS Leaders’ Meeting in June 2022 convened virtually under the chairmanship of Beijing. With China and India locked in a stalemate along the Line of Actual Control (LAC), the Chinese proposal has raised concerns in New Delhi. This brief examine
BRICS must now move on from being a grouping of individual nations, discussing agendas, to becoming a "go-to" institution for setting regional and global agendas. The essence and ethos of such an institution must flow from the inorganic prism of stability, security and growth for all.
This brief discusses one of the most crucial challenges to effective global governance for development: bridging the financing gap for the UN Sustainable Development Goals. It considers the role of the G20 in addressing this gap, and outlines a 10-point action plan for the grouping. The aim is to bolster the financing required to achieve the SDGs in the next six and a half years—serving as an update to the Addis Ababa Action Agenda of 2015 in l
With commitment, collaboration, and a comprehensive approach, the G20 has the capacity to guide us toward a future where mental health occupies a cent
The internal dynamics of Jammu and Kashmir have assumed significance in the context of the ongoing India-Pakistan normalisation process, on the one hand, and the Centre's continuing efforts at peace-building with non-militant political groups in the State, on the other. Often, efforts aimed at understanding the complexities of the issues are bogged down by the past, or are confined to the 'Indian angle'. There is very little reference to Pakistan
Successive coups in Africa will only further destabilise the region; African regional groupings need to resort to active intervention to curtail it.
Looking beyond the ‘tech’ aspects of digital public infrastructure to how it interacts with users as individuals, as collectives, and in societies
The disciplines of International Relations (IR) and History could be natural allies as both have much to gain from engaging with each other. A historically informed IR could provide a deeper understanding of the motivations of world politics, while ‘international history’ could offer a much needed comparative perspective to the manner in which history is approached. Focusing on what students of IR can learn about and from the study of history
India will assume the presidency of the G20 in 2023. One of the key policy challenges for India and other member states is how to regulate the global digital economy. Once a fringe policy issue, the global digital economy is now central to the G20 agenda, with significant implications for individuals, corporations, and governments. Bilateral cooperation within the G20 system can provide additional resources and capability to any presidency, which
Minilateral forums and nontraditional groupings will fill a global policy vacuum, enable deeper, nuanced debates, and help public discourse and debate
This brief discusses the education component of cooperation between India and the countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). It argues that nurturing the education link within BIMSTEC can play a transformative role in augmenting people-to-people contact and cementing a more fruitful regional connectivity. While progress has been achieved—to which India has contributed considerably�
Egypt and India have long had good relations with each other. Over the last few years, however, both nations have tended to be preoccupied elsewhere and their bilateral relationship has been left untended.
Heightening great-power rivalry has impeded consensus-making in multilateral institutions. This has given rise, in recent years, to minilaterals especially in the Indo-Pacific. Even as there are criticisms that minilaterals are too informal and lacking in structures that are required for focused debates, China’s belligerence has galvanised support for, and focus within minilateral groupings in the region. Over the past year, the fallout of the
India's unified payment interface (UPI) is an example of DPI whose design, financing, and operation are based on the principles of interoperability, m
Providing a human interface at crucial touch points such consent, disclosure, and grievance redressal will allow for trust in fintech to rise, driving
In a sharply-divided grouping, India needs to turn conflicted values into shared interests.
Russia saw BRICS as an anti-Western grouping and it can be said that this Russian BRICS-view still persists. The main problem with this position is that BRICS was not crafted to be a foreign policy vehicle.
With the growing disinterest in multilateralism, how will the G20 grouping deal with China’s growing belligerence, climate crisis, and the impending
There are developments taking place in the quake affected Pakistan occupied Kashmir that need to be closely watched by both the Indian authorities and the Western world. The first is the failure of the Pakistan army and its associated institutions to provide relief to the millions of quake affected people in Kashmir under its occupation.
In the aftermath of the COVID-19 pandemic, reforming the global health governance system has become a key area of concern for the G20 and other multilateral platforms. This comes at a time when the world has increasingly become volatile, uncertain, complex, and ambiguous. As a grouping of developed and developing countries, the G20 must prioritise addressing global health challenges by identifying its direct and indirect determinants. This brief
A lot of thinking should be done about how to reinvigorate agriculture because rural demand is important for reviving manufacturing sector. Agriculture is important also because 52 per cent of the population is still occupied in agriculture and it has a share of 17 per cent in the GDP.
How Kashmir boundaries were drawn on an uneasy truce
The emergence of this new grouping is clearly an outcome of the Abraham Accords of Aug 2020 and the possibilities that they have created for Israel and the UAE to be on the same platform with India and the US. As President Biden moves to Saudi Arabia for the second leg of his visit to West Asia, we are likely to see a push towards integrating Israel through trade, technology, direct flights and people-to-people contact even with countries where f
2024 will see a consolidation of global efforts to leverage the DPI model, and there are indications that the enthusiasm surrounding DPIs could infect
