German elections this week have once again underlined that Europe's political landscape is undergoing a fundamental transformation. Friedrich Merz's conservatives won, but the star of the election night was Alternative for Germany, or AfD, which managed to double its support in just four years to 20.8%, emerging as the second biggest political force in the nation's parliament.
The first full Budget of the Modi government’s third term allocated ₹6.81 trillion, marking a 9.5 per cent increase from the ₹6.21 trillion allocated in the 2024-25 Union Budget.
Under the new Trump administration, the Indo-Pacific is likely to regain prominence but with a sharper focus on hard power dynamics
The Quad foreign ministers met shortly after Donald Trump took office at the White House. This ministerial meeting was also the first engagement of the United States (US)’ new secretary of state, Marco Rubio. While speculations were rife about the future of Quad after Trump won the polls earlier last year, the prompt meeting of Quad foreign ministers suggests the grouping is likely to remain a key priority for Trump.
As nations navigate significant disruptions and realignments, 2025 is a crucial year for global economics. The re-election of Donald Trump has brought a resurgence of global trade protectionism, creating substantial volatility in international markets. During his first term, Mr Trump focused on “America First” policies, implementing tariffs, trade restrictions, and stricter visa regulations that had a notable impact on sectors such as information technology (IT) services, textiles, and pharmaceuticals—key drivers of India’s gross domestic product (GDP) and employment. In fact, the prospect of tighter H-1B visa rules poses a serious challenge to the IT industry, which relies on US markets for nearly 60 per cent of its revenue.
ON JANUARY 8, Vikram Misri, the foreign secretary of India, held a meeting with the Taliban-led Islamic Emirate of Afghanistan’s (IEA) Acting Foreign Minister Mawlawi Amir Khan Muttaqi, in Dubai. Marking the most high-level meeting between India and representatives from the IEA, the very act of the senior-most Indian diplomat meeting a Taliban leader and its timing in the aftermath of Pakistan’s airstrikes in Afghanistan and India’s strongly worded statement in support of the latter led to debates about an apparent “pivot” and “shift” in how India is engaging with Afghanistan. Three-and-a-half years after the Taliban usurped power in Kabul and orchestrated the fall of the then republic government, New Delhi’s approach towards the country has indeed been evolving.