BUSINESS
With Russian oil bonanza on the wane, India needs to refocus on Iraq
Infrastructure and engineering sectors are where India has seen an opportunity
INDIA
India must make haste in securing finance to gain edge in critical minerals
Scarcely any Indian company or financial institution has made concurrent attempts to build the funding capabilities required to catapult India into the next orbit of critical minerals development
BUSINESS
The Green Pivot: China is painting its industries green with an enviable finance strategy
China needs around $21.3 trillion in debt financing to reach its net zero emissions target by 2030, which looks achievable with its current strategy
BUSINESS
The dismal state of power discoms threatens India’s energy dreams
The crucial fact missing in all the backslapping on investments in the power sector is that investments need to integrate from generation to transmission and distribution
BUSINESS
Death of the dollar and the yuan’s rise: That’s a long shot
The temptation to invoice trade in currencies beyond the US dollar has risen, but currency pairs do have an underlying dollar component one way or the other across trade
BUSINESS
China’s gas deals with Qatar are powering it as a swing trader
The deals with Qatar, coupled with overland pipelines, are giving China considerable power over a vital transition fuel—natural gas
BUSINESS
India needs both Iran, US to take advantage of the vital INSTC trade corridor
India’s ties with Iran are key to its long-term trade interests, offering not just markets that had hitherto been limited by geography but significant trade influence outside its traditional ambit
BUSINESS
Saudi money and Chinese technology make a formidable geopolitical combination
China and the US are no longer asymmetrical powers in the Middle East. The moves of one affect the other considerably
BUSINESS
Green Pivot | India’s aluminium industry crucial for green transition but emissions pose a big obstacle
India needs investment to maximise its considerable potential as an aluminium manufacturer to the world
BUSINESS
India will need to do a balancing act, albeit with a tilt to the US
Expectations are high that significant announcements about Indo-US technology partnership and investment will be announced when Prime Minister Modi visits Washington
BUSINESS
The Green Pivot: Will India’s green energy dreams face a severe capital crunch?
India will have to compete with the US and the EU in attracting capital to its green energy sector
BUSINESS
Adam Smith and the distortionary impact of Artificial Intelligence
IMF Deputy MD Gita Gopinath has pointed out how AI will upend the seminal work of Adam Smith and completely change labour markets and the economy
BUSINESS
India’s just transition from coal is complex, messy and politically difficult
The biggest problem around a just transition is that coal can’t be pushed out with a precise end date, nor can the massive socio-economic ecosystem that coal creates be replaced easily
BUSINESS
China’s attempt to build a Pax Sinica won’t succeed
China over the last decade-and-a-half is manifestly trying to redefine the global power hierarchy and set out an order with the rules and arrangements that ensure its centrality
BUSINESS
China’s dominance in rare earths and magnets is alarming
In 2022, the country mined 58 percent of the world’s REEs. It accounted for 89 percent of the global REE processing capacity and 92 percent of the global manufacturing capacity for rare earth magnets
BUSINESS
India needs an urgent push to secure its copper resources
India’s copper demand is forecast to reach 3 million tons by 2030 even as it mines only 2.5 percent of the copper it needs, and about 36 percent of the demand is met through recycling scrap
POLITICS
India faces unprecedented diplomatic challenge to secure its military future
India's traditional dependence on Russia for defence equipment, Russia's growing ties with China, US wariness of both countries and India's desire to live in a multipolar world make for a difficult combination to solve
BUSINESS
China’s domination of the global renewable energy sector is here to stay
China’s scale gives it a massive price advantage across the entire renewables chain that strengthens its domination across equipment supply chains
BUSINESS
The CPEC is a metaphor for Pakistan’s failings
CPEC was meant to add about 2-2.5 percent to Pakistan’s GDP every year and create 2.3 million jobs by 2030. These look very distant goals now
BUSINESS
India’s battery manufacturing plans will need a secure nickel supply chain
India currently consumes just over 80,000 tons of nickel annually and almost all of it is imported. The country is expected to be one of the key markets that will drive nickel demand alongside China in the coming decade
BUSINESS
India needs deeper economic ties with Indonesia to counter China
Indonesia carefully balances its handshakes, cultivating China, staying on the right side of the US, and carefully cultivating both India and Australia
BUSINESS
India has a challenge ahead to grab a slice of the semiconductor market
The strategy will be government-led in most parts, yet heavily dependent upon the private sector for the downstream delivery and the ability to quickly secure finance way beyond what the government has currently earmarked
BUSINESS
India’s energy transition must not ignore its complex political economy
There is pressure on India to sign the West-led Just Energy Transition Partnership (JETP). But, it needs to take the ground realities of power generation, employment and mining-dependent states into account
BUSINESS
China’s deep game in the Middle East can only discomfort Iran
Beijing recognizes Iran’s value as an ally but it also recognizes the economic advantages that Iran’s cash-rich rivals like Saudi Arabia, Oman, and the UAE offer
