‘Urban Apathy’ Sign to Develop Urban Centers
Urban apathy can only be addressed if we change our approach towards city administration and have the political will to change for the better
Category Centres
India’s Growing Influence on the Global Stage
In the last few days, global engagements have underscored the rapidly evolving balance of power in the international order. Chinese President Xi Jinping’s recent visit to Russia has sparked a lot of commentary about the implications of the two nations coming together in unprecedented ways. What had once seemed a distinct possibility to many is now fast becoming an indisputable reality that can no longer be ignored. The tectonic plates of global politics are shifting rapidly, and with it ushering in changes that have long been talked about, with many hoping against hope that they can be avoided. But a Russia-China axis is likely to bring a transformative effect on the international system. This cannot be denied.
India’s Foreign Trade Policy will lead the Global Economic Order
India’s desire to reconfigure the global balance of power is predicated on its ability to become an indispensable element in the global economic order. Thus, it is not surprising that the new foreign trade policy seems to shed the reticence of the past
Even as the global economic order continues to face multiple challenges that show no signs of abating anytime soon, the Indian economy has shown great resilience. It has come out of the Covid-19 pandemic in much better shape than most other big economies and its growth trajectory has maintained an upward trend despite problems emanating on the geopolitical and geo-economic front virtually on a regular basis. As the IMF has suggested, India continues to remain a relative “bright spot” in the world economy with the Indian economy alone contributing 15% of the global growth in 2023.
No Adieu for Japan in Indo-Pacific geopolitics
Harsh V. Pant, Premesha Saha The visit by the Japanese Prime Minister, Fumio Kishida, to India, in March 2023, during which he engaged with his Indian counterpart, Narendra Modi, on global and bilateral issues, focused on cooperation between the G-7…
India’s Competitiveness in the Global Economy depends on the rollout of 5G
5G is not just about faster speeds of data transfer. It is different from 4G on two other counts — massively more data throughput and low bounded latency. This combination could be leveraged to produce all kinds of innovations in education, manufacturing, healthcare, logistics and entertainment
The name is bond, FinCat Bond: Sense on AT1 Bonds
Recognise AT1 bonds as insurance, rather than pure debt. Once AT1 bonds are understood as insurance by a bank that is still a going concern, against a calamitous loss, the expectation that they should be bailed in only after equity is written off would disappear
The high-decibel angst of investors in Credit Suisse’s Additional Tier 1 (AT1) bonds that were fully written off before selling the bank to rival UBS for $3.23 billion resonates with investors in Yes Bank’s AT1 bonds, who are currently litigating against such a write-off at the hands of the RBI-appointed administrator, before the troubled bank was transferred to State Bank of India.
The Unease of Doing Business with DMRC
Yet, a company owned by GoI and the government of Delhi, the Delhi Metro Rail Corporation (DMRC), is crushing EODB under the wheels of its growing fleet of world-class trains, in the most spectacular fashion possible
If god has a competitor, even in a limited capacity, it is the Government of India. GoI combines in itself the trinity of creator, preserver and destroyer when it comes to ease of doing business (EODB).