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Greece's problems were inevitable because the concept of Eurozone is based on flawed solidarity. While the monetary policy is controlled by the ECB, the fiscal policy is under the member states. They have to obey the diktat of the ECB regarding interest rates and this has made Greece uncompetitive with rising costs.
Mere constitutional creation of new political space would not become the answer to the growing demands for inclusion and participation in the countryside. For substantive democracy to become a reality, Centre and States need to show willingness to share powers (3Fs).
The Af-Pak conflict's center of gravity has over the past five years shifted decisively to the very heart of Pakistan. Hence, the ultimate ace up Pakistan's sleeve is to search seriously for peace with India, step by step, but sincerely.
To improve India's role in Central Asia, its focus should recognize the diversity of relationships that are possible - economic, defence, and connectivity. Politically and historically, each of the five countries in the region is distinct.
A four-day maritime conference on "Maritime Geo-Politics in the Indo-pacific" was organised in Chennai, Kochi and New Delhi recently. The conference saw speakers deliver perspectives from India, China, Japan, US, Australia and Indonesia.
As China pursues its expansionist ambitions in the greater South China Sea, Philippines President Ferdinand Marcos Jr. is working to enhance his country’s ability to exercise its sovereignty and sovereign rights. Towards this end, Manila is expanding its strategic options through robust external partnerships and national policy recalibrations to secure its lawful waters in what it calls the West Philippine Sea. There are concerns, however, abou
In November 2014, India introduced a visa facility allowing foreign travellers wanting to come to India for recreational purposes, casual visits with friends or relatives, short-duration medical treatment or business visits, to apply for their visa online. Since then, the government has taken specific initiatives to improve the process, with the more recent ones including the introduction of three e-visa categories (e-medical, e-business, and e-t
Contemporary India–Australia relations can be best described as being loaded in intent but limited in action. Over the years, pledges of “common destiny” have repeatedly been made, only to remain unfulfilled. The 2018 release by the Australian government of its India Economic Strategy 2035 is an attempt to lay down a vision for capturing the opportunities offered by India’s market. Among these opportunities is mining. This brief discusses
For Japan, which deployed missile destroyer J S Fuyuzuki and SH 60K helicopters on India's invitation, the Malabar Exercise signals the growing importance of ties between the two nations as well as the personal importance that PM Modi has attached to India's strategic ties with Japan.
India’s West Asia engagement must focus on strengthening its presence as an economic and security partner
ISRO should embrace a civilian identity and, aided by legislation, form partnerships with the industry and entrepreneurs.
Gen. Mattis' visit underscored the growing salience of defence ties in shaping the trajectory of Indo-US relations.
In the next Budget Finance Minister Pranab Mukherjee will have to strive hard to reduce fiscal deficit because a big fiscal deficit gives wrong signals to investors. The current year's Central and state combined fiscal deficit stands at 8.5 per cent.
Outlining the need for a concerted effort to deal with water challenges in South Asia, experts at a roundtable suggested that there was a strong reason to create collaborative rather than competitive frameworks.
Last week’s clash near Tawang is only the latest along the increasingly tense China-India border. A lack of clarity on where the border lies foments continued trouble.
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
This report makes an appraisal of the geopolitical, geostrategic and geoeconomic dimensions of the linkages between India’s east coast and the ‘extended Bay’—Thailand, Malaysia, Singapore and Indonesia—with respect to port logistics, trade interactions, disaster management and strategic convergences. The aim of this study is three-fold: a) to examine the existing nature of port and commercial linkages between India and the aforesaid lit
With India seeking to connect the next billion, and becoming a key player in the global Internet debate, it is important to have clearly formed domestic policies. The combination of regulatory interest, corporate opposition and constitutional rights suggest that the time is right for a nuanced debate on net neutrality in India.
In today’s digital economy, the United States (US) remains a market leader in many digital technologies; meanwhile, China is fast catching up. In Europe, foreign technology companies have a strong presence, often creating dependencies that can undermine digital sovereignty. Digitisation, therefore, is high on the European Union’s (EU) political agenda. This paper analyses recent key policy responses by the EU, and finds that the union
Azerbaijan has become an attractive investment destination, connecting Europe, Central Asia, Russia, and the Indian subcontinent via the International North-South Transport Corridor (INSTC) and the Trans-Caspian International Transport Route (TITR). Indeed, over the years, India has explored various options to enhance connectivity with Russia and Europe via Azerbaijan. This brief assesses how the Western Route of the INSTC and the TITR can improv
The metaverse is a real-time, three-dimensional world that is accessible through Virtual Reality (VR) head-mounted display. Called ‘the next Internet’, the metaverse is multi-technology and incorporates hardware infrastructure with immersive technology, blockchain technology, computer vision, and ubiquitous interfaces. Globally, metaverse is still in the nascent stage as stakeholders work to figure out its innovative and practical app
China’s tech giants and venture capital funds are making increasing amounts of investment in startups abroad. Startups, being key drivers of digital innovation, are attractive investment targets; the capital can in turn help them grow and scale. These Chinese investments, however, are also the subject of increasing concern, amidst heightening global competition around digital technologies. Investments can lead to a sell-out of technology, an in
The unguarded optimism about reconciliation with the Taliban may seem misplaced, but the proponents of the concept are increasing in number. The success of a negotiated peace deal with the Taliban, however, will hinge on the sustainability of the power-sharing arrangement that emerges as a result of conciliatory talks. Whether the Afghan government, or the international community will be able to devise an effective peace-building strategy in the
Delhi—a city and union territory of India containing the country’s capital, New Delhi—continues to grow in population, posing challenges to civic agencies in the provision of citizens’ essential needs. This brief examines the experience of Delhi’s water agency in obtaining raw water, amid the growing gap in supply and demand that is only being exacerbated by climate change. The brief finds multiple reasons for the inadequacy of raw wate
Taking note of the winds of change sweeping through the resource-rich and people-rich African continent, ORF organised a day-long round-table to unravel the implications of the resurgence of Africa for the India-Africa partnership.
The " China Daily" reported on January 22,2005, that 13 persons were killed and 18 others injured in two separate explosions in China's Xinjiang Uygur Autonomous Region coinciding with the Eid-al-Adha religious festival.
This paper attempts to make a contribution in the context of the recent push in making India an e-empowered economy for promoting exports. The study stems from the premise that exports respond significantly to the costs associated with breaking into foreign markets and sustaining in those markets, whereas e-commerce offers a ready platform to minimise such costs. The empirical exercise focuses on export decision and export intensity, after adjust
Among the most severe consequences of climate change is the global rise in average temperatures, and the resultant increase in the frequency and intensity of heatwaves. Cities are particularly vulnerable to heatwaves as their high built density absorbs and retains heat, leading to higher temperatures than the surrounding areas and causing the ‘heat island’ effect. India’s northwest region routinely experiences abnormally hot days during the
The US Quadrennial Defense Review panel's recent (July 29, 2010) report to the US Congress had a very telling remark about Pakistan Army and its intelligence agencies which raises a whole new spectre of violence the world is likely to confront in the years ahead.
Social media is becoming an increasingly useful tool for radicalisation and the recruitment and mobilisation of individuals for extremist activities. India, with its unique socio-political landscape, is particularly susceptible to the misuse of social media. This brief explores the challenges posed by social media extremism in India and globally. It examines the psychological and societal impacts of platforms like X, the interplay between local a
Sittwe Port in Myanmar’s Rakhine State is part of India’s Kaladan Multimodal Transit Transport project. It connects India’s northeastern states to the Bay of Bengal, advancing the country’s Act East policy and strengthening regional connectivity. Operational since May 2023, the port has handled over 109,000 tonnes of cargo so far, showcasing its potential to bolster trade. However, challenges to the port’s commercial viability persist,
The activities of Ghulam Nabi Fai of the Kashmiri American Council, which became public after his arrest, show how vulnerable the India-Pakistan engagement could be to Pakistan Army?s dogged pursuit of anti-India policies.
The Iran nuclear issue is touching yet another point of criticality. The build-up was evident to the naked eye, the crescendo almost predictable. It was six weeks ago that Secretary of Iran¿s Supreme National Security Council, Ali Larijani, expressed Teheran's frustration that EU-3 (Britain, France and Germany) was stonewalling in the negotiations, meandering into blind alleys, lost in thoughts.
If the George Bush Administration in the US were wise, it would have waited for the current holy fasting period of the over one billion Muslims of the world and their Eid festivities to be over before launching its much-publicised and much-hyped offensive to pacify Falluja, the Sunni stronghold in Iraq, which is apparently perceived by the Pentagon as the nerve-centre of the anti-US resistance and jihadi terrorism in Iraq.
Since 1995, when the first incident of jihadi terrorism took place in Saudi Arabia, there have been 25 acts of terrorism as indicated below:
China’s growing influence in Nepal is a strategic concern for India
India is keen to leverage its nascent civilian drone (or unmanned aerial vehicle) industry to become a global hub. Since 2021, it has built a conducive policy ecosystem to support the domestic drone industry. In what this brief collectively calls the ‘Drone Regulations 3.0’, it includes the liberalised Drone Rules 2021, a production linked incentive scheme, the unmanned aerial vehicle traffic management policy, the certification scheme for un
The stalemate in the negotiations questions the legitimacy of the WTO to promote fair and balanced multilateral trade rules that will address the past and current inequities, which developing countries are faced with. In the current situation, it would be useful to frame negotiating proposals which the WTO can take forward to conclude Doha Round.
In a diverse polity like India, discriminatory policies based on identity and citizenship are evoking diverse forms of resistance.
The social and economic profile of the participants in India's vast retail trade is complex and varied. Besides, there is ample evidence that large sections of the petty bourgeoisie (trader and shopkeepers) may not be happy with their current existence. They would not mind if global capital inflows result in the creative destruction of existing arrangements.
Economic experts firmly believe that FDI is the need of the hour and with political will and good governance measures, it could prove to be crucial in enhancing development in the region.
Opening up retail trade should not have happened at a time when inflation is high, GDP growth rate is falling, industrial growth and exports are declining. Unfortunately, it would take a long time for the multi-brand retailers to establish their own supply chains and hence inflation is unlikely to come down in the near future.
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.
Regional parties should not think of federalism merely in terms of anti-Congressism. This seems to be the tendency, with regional satraps like Mamata Banerjee and Jayalalithaa hyphenating regional concerns with their own political goals.
As the goals keep flowing, football continues to add verses to its confluences with geopolitics, identity, nationalism and globalisation. Over the years, the sport has consistently managed to hold a mirror to contemporary society.
The First Energy Ministry of India was constituted under interesting circumstances. The former Energy Minister of India, Shri K. C. Pant delivered a talk at ORF on July 14, 2006 presenting his views on the fifty years of India's energy policy