During his sixth visit to India on 11 December 2014, Russian President Vladimir Putin received an assurance from India that Russia would remain a top defence supplier for India. “Even as India’s options have increased today, Russia will remain our most important defence partner,” Indian Prime Minister Narendra Modi said in a statement after his […]
BUSINESS
“Forward Together We Go”
Text of speech delivered by US Trade Representative Michael Froman at the Federation of Indian Chambers of Commerce and Industry, New Delhi, on November 24, 2014. “I’ve been coming here for the past 15 years, as a tourist, as a business person and as a government official, but this is my first trip to […]
India, US reach deal to break WTO impasse
In a major victory for India, the US on Thursday agreed to support the former’s demand to be allowed to continue with its food stockpiling scheme. In return, India will lift its veto on a global agreement on streamlining customs rules, known as the Trade Facilitation Agreement (TFA), being negotiated by the members of the […]
Europe’s Crisis: Beyond Finance
BY GEORGE FRIEDMAN Everyone is wondering about the next disaster to befall Europe. Italy is one focus; Spain is also a possibility. But these crises are already under way. Instead, the next crisis will be political, not in the sense of what conventional politician is going to become prime minister, but in the deeper sense […]
INDIA’S INSURANCE AGAINST TRADE WARS
By A.M. Godbole The notion of mutually assured destruction (MAD) helps prevent a direct full-blown military confrontation amongst nuclear weapons states. This has been an important pillar of the global security architecture in the post-second world war era. With India’s reportedly steady progress in its strategic nuclear submarine project—generally considered the most potent arm of […]