Free Trade Agreements & India: Viabilities and Complexities
In the Free Trade Agreements (FTAs) each side tries to get the best bargain for its market access and effort is made to have some sort of a balanced outcome mechanism.
Category Centres
West Asia: A 2022 Recap
West Asia never ceases to spring surprises. 2022 was no different in that regard except that conflicts became milder, but the Black Swan events did not spare them either.
Surge in Global Arms Sales: Who is the Prime Gainer?
A significant shift away from the world’s major weapons-producing region is underway, with impressive gains for China and to an extent India. The world witnessed a significant surge in arms sales from countries in the Asia-Oceania region in 2021. Despite supply-related disruptions due to the Covid-19 pandemic, arms sales by the 100 most important weapons manufacturing companies stood at $592 billion, representing an increase of 1.9 percent from 2020.
Rising India & the Way Forward in 2023
n December 2022, the World Bank revised upwards its GDP growth forecast for India to 6.9 percent for 2022-23, underlining the fact that the Indian economy was showing higher resilience to global shocks. This economic trajectory of India also gives India a distinct place in global politics today. There is a reason why the West, despite its differences with India over Ukraine, has continued to substantively engage with New Delhi.
Indian External Sector in 2023: Rocky Road Ahead
Tightening monetary policy is going to increase the yield on US treasury security, making the dollar stronger. India’s external sector numbers are not looking good. In the second quarter, the current account deficit widened to $23.9 billion, the highest since 2012.
The ’30 by 30′ Target of Convention on Biological Diversity (CBD) is Elusive and Hopelessly Ambitious
The year 2030 is less than a decade away. Actually just 8 years away. Against the CBD target of 30% by 2030, currently just 17% and 10% of the world's land and marine areas respectively are under protection.
Indian Economy: The Year That Was, and the Challenges Ahead
Nilanjan Banik 2022 was a good ‘growth’ year for India. India’s economy was among the fastest growing large economies. This was commendable, especially in a year marred by war and extreme climate events, rising commodity and energy prices, tightening global…