Stalled Growth: RBI’s Inaction on Rates
The desired response from the RBI in an environment of falling inflation and a declining dollar index is to slash rates, not hold them steady
The desired response from the RBI in an environment of falling inflation and a declining dollar index is to slash rates, not hold them steady
For New Delhi, the costs of overdependence on a single nation for defence requirements are obvious with a recalibration likely to produce new defence engagement
Perhaps in that spirit and in the presence of Pistorius, Germany’s ThyssenKrupp AG and India’s Mazagon Dock Shipbuilders Ltd. signed a Memorandum of Understanding to jointly bid for constructing submarines for the Indian Navy. Though the German Defence Minister reiterated that the process relating to the proposed procurement of six submarines is not yet complete, he strongly pitched for the German industry to be at a "good place" in the race for the contract. He was also categorical that "this would be a big and important contract, not only for German industry but also for India and the Indian-German strategic partnership".
In an unanticipated move, New Delhi has decided to host the 23rd Summit of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) virtually on July 4, 2023, rather than in person. India, the current chair of the eight-member grouping, has also invited the three Observer States and the heads of six regional and international organisations to participate in the summit hosted by prime minister Narendra Modi. Since assuming the rotating presidency at the historical city of Samarkand last year, New Delhi used its diplomatic capital to host 134 events, including 14 ministerial-level meetings to pursue the often-blurred regional collaboration and cooperation agenda of this divergent and antagonistic grouping. However, the decision to host the annual summit online has indicated India’s disappointment with what is increasingly emerging as a fragmented grouping being used by China to pursue its hegemonic interests.
LPPYF Law and Public Policy Youth Fellowship | An Online National Summer School Program | A Two- Month Online Immersive Legal Awareness & Action Research Certificate Training Course and Internship Program | June-August 2023 | IMPRI #WebPolicyLearning Inaugural Session: Chair: Prof Vibhuti…

Rise of Bangladesh: Implications for India’s North-East | Panel Discussion | #DiplomacyDialogue | IMPRI #WebPolicyTalk #IMPRI Center for International Relations and Strategic Studies (CIRSS), IMPRI Impact and Policy Research Institute, invites you to an IMPRI #WebPolicyTalk event, as a part of…
Formed in 1999, during the uproar of the Asian financial crisis, the G20, initially, united financial ministers and central bankers from twenty of the world’s largest established and emerging economies.