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India’s central bank governor warns on banking reforms

Reserve Bank of India (RBI) governor Raghuram Rajan is waxing philosophical about dealing with the challenge of banking reform in his country.

EDITOR'S CHOICE | 29.08.2015


 

India, Pakistan Choose to Remain Disengaged

It is a familiar sight when India-Pakistan interactions raise hopes but only to end up as damp squib. In fact, that is a well-established pattern, and the bleached landscape is littered with carcasses of India-Pakistan summit meetings...

Melkulangara BHADRAKUMAR | 27.08.2015


 

Modi’s Scandals: a Delhi Diary

Amit Shah, the henchman of India’s Prime Minister Narendra Modi, says that his party – the BJP – would need to remain in power for twenty-five years to inaugurate acche din or the good days. This is a terrifying thought. Half the households in rural India live in abject poverty, with half the workers in rural India confined to the deprivations of manual labor. There is no future for them in Modi’s India. Twenty-five years is a prison sentence.

EDITOR'S CHOICE | 17.07.2015


 

India extends cautious welcome to Iran deal

A full day after the announcement came in Vienna that Iran and the world powers have reached an agreement on the nuclear issue, Delhi extended a cautious welcome. The foreign ministry spokesperson said that Delhi is waiting to see the text of the agreement but provisionally welcomed the «successful conclusion» of the negotiations...

Melkulangara BHADRAKUMAR | 16.07.2015


 

SS Khaplang and the Naga insurgency in India and Myanmar

The well-planned and deadly June 4 attack on an Indian army convoy by the militants of the newly set up United National Liberation Front of Western South East Asia (UNLFWSEA) masterminded by SS Khaplang was not mitigated by the June 9 controversial cross-border attack by the Indian army on the Myanmar-based militants. India’s current strategy of attempting a solution of the long-lasting Naga insurgency by talking to only one of the stakeholders, (National Socialist Council of Nagaland NSCN-IM) led by Isak Swu and Thuingaleng Muivah and ignoring the NSCN-K led by SS Khaplang, who has long been part of the Naga movement along with NSCN-IM may be considered exclusionary and self-serving.

EDITOR'S CHOICE | 08.07.2015


 

China’s ‘win-win’ diplomacy riles India

The Sri Lankan government has cleared one more Chinese project – the expressway linking the southern port city of Hambantota with Matara, which will be the second phase of the previous Chinese-funded project that connects Matara with Colombo. This was one of former President Mahinda Rajapaksa’s pet projects – connecting his hometown with the capital.

EDITOR'S CHOICE | 06.07.2015


 

India’s passage through Central Asian steppes needs rethink

The steppes of Central Asia give away their secrets only grudgingly. The deserving ones have to convincingly show their capacity for persistence and tenacity – and, of course, sheer audacity. That was how Genghis Khan succeeded in conquering Bukhara...

Melkulangara BHADRAKUMAR | 04.07.2015


 

Meetings in Moscow and West’s Foreign Policy Gaffes

The absence of Western leaders at the celebration of the 70th anniversary of Victory in Moscow on May 9 demonstrates the myopy of the West, according to Italian ex-PM, leader of the «Forza, Italia» party Silvio Berlusconi who published an open letter in Italian Corriera della Sera newspaper... One can understand his feelings. The leaders of China, India, Egypt, South Africa, Vietnam, Mongolia and many other states came to Moscow on Victory Day. Against this background the absence of those who lead the member states of North Atlantic Alliance became a minor event. It was not as important as Western leaders tried to paint it...

Alexei BALIEV | 11.05.2015


 

Why Delhi Admonished India’s Modi

...The defeat in Delhi couldn’t have come as a shock to Modi. To his credit it needs to be said that he is a realist who understands the nation’s ‘mood’... Modi has given a free hand to Finance Minister Arun Jaitley with the proviso that he must somehow show results quickly to galvanize the economy and put it on a high trajectory of growth. To be sure, in foreign policies too, there is bound to be some impact. Modi has expounded the ‘Make in India’ project as the centre piece of the country’s economic diplomacy to which he attributes primacy in the foreign policy sphere...

Melkulangara BHADRAKUMAR | 11.02.2015


 

RIC Wades into Asia-Pacific Waters

The meeting of the Russia-India-China [RIC] forum at the level of foreign ministers, which was held in Beijing on February 2, had an extraordinary setting. For sure, the power dynamic within the RIC is dramatically transforming what with the notable improvement in the climate of India-China relations in the past six-month period and with a big upswing in the Sino-Russian partnership, which in turn lends the forum much gravitas...

Melkulangara BHADRAKUMAR | 05.02.2015




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    Mahdi Darius NAZEMROAYA

Washington’s Financial / Currency War on China: Eclipsing of US Dollar by Yuan

The Chinese are in the process of displacing the monopoly of the US dollar. They are dropping their US Treasury bonds, stockpiling gold reserves, and opening regional distribution banks for their own national currency. This will give them easier access to capital markets and insulate them from financial manipulation by Washington and Wall Street...

30.08.2015
 
 
 
 
 
 
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