A transformed global economic landscape

Shyam Saran, Business Standard The 2007-08 global financial crisis continues to alter the world’s economic scenario, argues the writer in the first instalment of a two-part series The investment and export-led growth model that marked the emergence, successively, of the east Asian, south-east Asian and Chinese economies, is being questioned in the light of developments…

An IMF boost for China’s currency

Shyam Saran, Business Standard 9 June 2015 In a recent report, the International Monetary Fund (IMF) declared that the Chinese currency, the Yuan, was no longer under-valued. The IMF head, Christine Lagarde, also let it be known that in its forthcoming October review, the Chinese currency may well be included in its basket of benchmark currencies, which is…

India and Japan to deepen defense, trade ties

Gabriel Domínguez, dw.com 8 Dec 2015 Amid China’s muscle-flexing in Asia, Japan’s PM Shinzo Abe will embark on a three-day India visit, hoping to seal key defense and trade deals, as well as a civil nuclear pact. DW examines the Indo-Japanese partnership. It’s been described as a relationship in an upward trajectory. And ties between…

India, US decide to deepen military-to-military ties

India will participate in the Rim-of-the-Pacific (RIMPAC) multilateral naval exercise and another multilateral Red Flag exercise – an air-to-air combat exercise in 2016. India and the US have decided to further deepen their military-to-military ties by participating in more bilateral exercises. The decision came during a meeting between Defence Minister Manohar Parrikar and his US counterpart Ashton Carter yesterday.…

Nepal treads a perilous path

Shyam Saran, Business Standard 8 Dec 2015 Projecting a Pahari-Madhesi divide as reflecting an India-Nepal divide grossly distorts the reality on the ground. The contrived controversy over the so-called blockade of the India-Nepal border has obscured the perilous path on which the current ruling elite in Nepal is taking the country. A deliberate and risky…

Delhi to Rawalpindi

C. Rajamohan, Indian Express 11 Dec 2015 After much trial and error, Prime Minister Narendra Modi appears to have found an appropriate framework for engaging Pakistan. New Delhi’s challenge now is to hold its nerve, amid the reflexive criticism at home of the government’s Pakistan policy, and make something of the political space that Modi and…