G-7 Summit Aspiration For Tokyo to Strengthen Geopolitical Ties
For Tokyo, the G-7 Summit was driven by the need to define and devise the means of navigating the complex geopolitical landscape of the Indo-Pacific
Category Centres
₹2,000 notes: Another Costly Mistake
The Reserve Bank of India’s (RBI) announcement of withdrawal from circulation of the ₹2,000 currency notes has caused much incredulity. Tamil Nadu Chief Minister M.K. Stalin quipped, “500 doubts, 1,000 mysteries and 2,000 blunders”, and Rajya Sabha member P. Chidambaram said, “Demonetisation has come full circle”. The Union government has distanced itself from the decision by letting the RBI announce it.
SC Committee on Adani Matter Has Failed The Nation
The corporate members of the expert committee could have exposed much more of the wrongdoings but they have chosen to be formalistic. So, an opportunity to expose and clean up corporate manipulations has been missed.
The Importance of Addressing Inequality and Poverty in Society
Arun Kumar Recently, after my talk on the current economic situation in India at a private university, I was asked, why those students should be concerned about inequality and poverty. I had raised these as major issues of concern. The…
Taxing gaming is no child’s play
Indian agriculture is a gamble on the Monsoon. This cliché would have been sufficient ground for the Goods and Services Tax authorities to slap a tax of 28 per cent on the value of crop output if agriculture had not been kept out of the ambit of GST.
US Hit the Debt Ceiling: Rising Alarm to Budget Deficit
The US hit the debt ceiling of $31.4 trillion on January 19 and as early as June 1, the US government may run out of money to pay its bills if Congress does not raise or suspend the debt ceiling. US treasury secretary Janet Yellen reaffirmed that defaulting on the US debt obligation would be a “catastrophe” and would put into question Washington’s “global economic leadership”. The debt ceiling refers to the maximum amount of money the government can borrow to meet its financial obligations.
Operationalisation of Sittwe Port’s New Terminal: An Advancement in Maritime Prospects
It was a dream of former Prime Minister (PM) Atal Bihari Vajpayee, who first envisaged opening an alternate sea route through Myanmar for the northeastern part of India in 2003. Bangladesh at that time was very non-committal on transit to India. The Ministry of external affairs (MEA) appointed the public sector consultancy company RITES to do a study in 2003. The operationalisation of Sittwe Port's new terminal was the beginning of the journey.