China- Taiwan Conflict: India’s Response & Opportunities
Proactively taking advantage of China’s involvement in the Taiwan Strait to fight China in multiple theatres is something Indian military planners should think about.
Category Centres
US Banking Crisis: Time to Enfold the Neoliberal Bogeyman
T K Arun Now that the US Federal Deposit Insurance Corporation, Treasury and the Fed have all come together to salvage US banking once again, taking over two failing banks and making all depositors whole, and not just those small…
Himachal Budget 2023-24: Can it Bring the Desired Changes?
Tikender Singh Panwar The state of Himachal Pradesh got full statehood in 1971; it followed a development path that was “left of center” until the 1990s. After the introduction of neo-liberal reforms and the signing of the FRBM (Fiscal Responsibility…
The Moscow Visit and Key Takeaways for India
Major power polarization is today the wider structural reality that is shaping the contours of the emerging global order, and it is a warning sign for all nations, including India, of what is likely to come.
The SVB Downfall: a Macroeconomic Phenomenon
The real world has a way of confounding textbook economics. Macroeconomics, the branch that deals with the big things like growth, inflation and interest rates, seems broken when used to implement policy. In medicine, a drug is not approved for use if it has potentially serious side-effects. Or, if it's approved, it is administered with care, in the right doses. The collapse of Silicon Valley Bank (SVB) and the pressure on other US banks suggests that economists still don't quite appreciate the side-effects of their actions.
Xi’s Moscow Visit: A Formidable Force Against the West?
Beginning his three-day state visit to Moscow on March 20, China’s President Xi Jinping stated that relations with Russia are based on “no-alliance, no-confrontation and not targeting any third party”, even though “in a world of volatility and transformation, China will continue to work with Russia to safeguard the international system”. The joint statement issued after talks stated that bilateral relations have “reached the highest level in history”. President Vladimir Putin and President Xi have met 40 times so far.
India’s G20 Presidency: Promoting Oneness and Prosperity
India formally took over the baton of the G20 Presidency from Indonesia which started for one year from December 1, 2022. At the time of acceptance, Prime Minister Narendra Modi reiterated that “The world is looking at the G-20 with hope. Today, I want to assure that India’s G-20 presidency will be inclusive, ambitious, decisive, and action-oriented. Over the next one year, we will strive to ensure that the G-20 acts as a global prime mover to envision new ideas and accelerate collective action.” This was extremely important and flagged a dismal reality of a transitional global order and severe global challenges implicit in prevailing fragmentation, protectionism, and unilateralism in international discourse.