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With the midnight melodrama involving the Delhi Police and Baba Ramdev, the issue of fighting corruption has been over-shadowed by the propriety of the police using excessive force to disrupt the peaceful crowd of people, who were sleeping in those tents after all.
Now thanks partly to Paul's bid for the Republican nomination, Libertarianism has become popular in American politics again. Tens of millions of Americans today are fiscally conservative, socially tolerant and sceptical of American military intervention abroad.
An old maxim has it that, you can drive a man to murder, but can't make him think. What President George W. Bush's shameful and imperious encouragement to the unilateral Gaza pullout plan and the land grab that it entails in the West Bank do mean to Israeli Prime Minister Ariel Sharon is in evidence.
As China surges ahead economically, there have been a ten-fold increase in the civil unrests (from 1993 to 2005) which in China is described as "mass incidents". Such incidents hinge on the issues of unemployment, pensions, wages, corruption, tax collection problems, misuse of funds, etc.
The ISIS has suffered very heavy casualties while defending Raqqa and their military and financial assets stand heavily degraded.
PM Modi's queue for a reality check to balance diplomacy, with domestic interests, for keeping the economic interests higher.
This paper proposes a framework for defining risk metrics to capture climate resilience in infrastructure assets. It first outlines the risks that infrastructure is exposed to under a future of climate change, before summarising some of the current approaches used by large investment organisations to measure the resilience of this infrastructure. Finally, the paper proposes a method to develop a framework for risk metrics that build on these appr
The financial condition of the Indian Railways (IR) is weakening by the day because of mounting losses in the passenger business. This, at a time when it is making efforts to improve its services through new capital intensive initiatives. IR’s freight revenue has traditionally subsidised its passenger revenue, resulting in one of the lowest passenger fares but one of the highest freight rates in the world. Since freight trains and passenger tra
For more than a decade now, the Armed Forces, especially the senior hierarchy, finds itself besieged by all manners of unprecedented challenges, both from within the establishment and outside. There is critical shortage of weapoins, ammunition and manpower. The blame for this should be shared by political and military leadership.
The government is perhaps keen on projecting a welfare-oriented profile in which the poor are looked after. Prices, jobs, higher industrial growth and prospects of rapid economic recovery will remain the most important planks on which the next elections will be fought. The RBI's latest move of not raising the repo rate may also help in economic recovery.
Conflicts between central banks and governments are embedded in the evolving discourse of every democracy. The recent discord between the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) is neither the first nor likely to be the last. Institutionally, once a disagreement between the RBI and the MoF crosses the Rubicon, the government has the power to overrule the central bank’s decisions. Moreover, such a structure is not restricte
India should actively pursue implementation of the Regional Comprehensive Economic Partnership to consolidate its Act East Policy, which would serve to buttress its strategic eminence in its backyard.
PM Modi's decision not to join RCEP is an admission that even the prospect of joining a massive regional trade agreement isn't incentive enough for New Delhi to launch deep economic reforms.
India has to weigh carefully the gains to be had from signing the treaty, which may mean making itself vulnerable to having its markets inundated with Chinese goods.
In the light of the fact that India is not a member of the Trans-Pacific Partnership, it is important for the country to forge a deal in RCEP. In the current scenario, there have been increasing attempts by Indo-Pacific region members to voice growing concerns regarding Non Tariff barriers hindering trade prospects in the regional bloc.
The COVID-19 pandemic has made clear that global health crises are geopolitical events with far-reaching and long-lasting effects across the globe. It creates prodigious disruptions across economic, security, and social sectors, with spillover effects through trade, financial linkages, and tourism, to name the least. This essay argues that as the American-led order in Asia arguably falters, instead of China rushing to fill the post COVID-19 vacuu
India's progress in reducing the prevalent stunting rate in under-five children has been slow, and it must work hard to double the current annual rate of decline if it hopes to meet its sustainable development goals. Among others, this target requires ninety-percent coverage of women and children in the first one thousand days of life with evidence-based Essential Nutrition Interventions (ENIs) and maternal-child health services. Such coverage of
This paper follows the proceedings of a workshop organised by ORF in August 2014 to re-examine India's nuclear doctrine. The workshop explored the challenges posed to India by Pakistan's introduction of battlefield nuclear weapons or Tactical Nuclear Weapons (TNWs), New Delhi's interest in acquiring a Ballistic Missile Defence (BMD) system, and the growing threat perception from China.
The international community has been engaged in negotiations around climate finance for three decades now, and working definitions continue to assign the role of funder to advanced economies, and that of recipient, to emerging ones. This brief makes a case for expanding such narrow definitions. It calls on countries such as India to re-imagine not only the idea of climate finance but also the mechanisms of raising funds and the channels f
Inflation targeting has become a bone of contention in India. While some economists say a certain level of inflation is a necessary evil, others argue RBI's target is very low and would require monetary tightening. What is required is a balance between fiscal and monetary policy.