Insights, a blog published by IMPRI.
As India and Brazil deepen their roles as leading voices of the Global South, their Strategic Partnership has evolved into one of the most substantive South-South relationships in international diplomacy. The India–Brazil Strategic Partnership was established in 2006, built on shared democratic values and a commitment to economic growth with social inclusion.
The Competition Act, 2002 was enacted to promote fair competition, protect consumer interests, and prevent anti-competitive practices by establishing the Competition Commission of India (CCI). However, the rapid growth of digital platforms, data-driven business models, and technology-based markets exposed limitations in the existing competition framework, which was primarily designed for traditional markets. To address these emerging challenges, the Ministry of Corporate Affairs (MCA) constituted the Competition Law Review Committee (CLRC) in 2018. The Committee submitted its report in 2019, recommending reforms to modernise India's competition law and make it more responsive to the evolving digital economy.
Micro, Small and Medium Enterprises (MSMEs) occupy a central place in India's economy, contributing substantially to GDP, exports, employment generation, and balanced regional development. Yet their heavy reliance on working capital finance, combined with limited financial reserves, leaves them particularly exposed to external economic shocks. A disruption in global supply chains, a spike in input costs, or a bout of geopolitical instability can quickly translate into liquidity shortfalls that threaten production, employment, and business continuity.
India and Vietnam share warm and long-standing bilateral relations that were formally established in 1972. Over the decades, this partnership has grown from cultural and historical linkages to a robust strategic alliance. In 2007, India established its first Strategic Partnership within the ASEAN region with Vietnam, a milestone that underscored Vietnam’s importance in India’s Act East Policy.
India and Slovakia formally established bilateral relations in the year 1993, along with the independence of the Slovak Republic in the same year. The visit of the Indian Prime Minister on 15 June 2026 to Slovakia marked a significant milestone in the bilateral relations of both countries, as it was the first Prime Ministerial visit since its independence.
The Association of Southeast Asian Nations (ASEAN) remains one of the world's most successful regional organizations, fostering political dialogue, economic integration, and socio-cultural cooperation among its ten member states.
Energy security has emerged as a strategic priority for BRICS countries amid rising global energy demand, geopolitical uncertainties, and the accelerating transition towards cleaner and sustainable energy systems.