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    • Energy Security in Asia: The Necessity of Interdependence

    The central thesis of this article is that the Asian energy consumers would serve their interests well if they look again at their energy frontiers and define them within the contours of Asian energy interdependence rather than triggering an Asian energy race. The three leading Asian consumers, China, Japan and India, are principal actors in the Asian theatre, and their needs, assessments and policies are going to be central in defining the regional energy security agenda. Their current approaches have placed them more as competitors, which could trigger conflict situations.

    Girijesh Pant
    May 2007

    The Case for a Proactive Indian and Chinese Approach to Climate Change and Energy Security

    The magnitude of the threat from climate change is starting to be realized by the world's political leaders. A positive aspect of such a threat is that it could unite the world behind a common purpose, but this will require a drastic change in policy, primarily in the United States and the growth countries in Asia. This article argues that India and China could turn the threat from climate change into a political advantage by adopting a new development strategy, based on a demand for full access to all such technologies that may allow to quickly surpass from the dirty stage of development.

    Stein Tønnesson
    May 2007

    The Indian Defence Budget 2007-08

    On February 28, 2007, Finance Minister P. Chidambaram presented the Union Budget for the fiscal Year 2007-08 (April 1, 2007 - March 31, 2008). Out of a total budgeted expenditure of Rs. 6,80,521 crore, Rs. 96,000 crore was earmarked for national Defence, which includes allocations to the three Services - Army, Navy and Air Force - Defence Ordnance Factories, and the Defence Research and Development Organisation. This is besides the allocation of Rs. 16, 695.83 crore for Defence Civil Estimates, including Rs. 14,649 crore for Defence Pensions.

    Laxman Kumar Behera
    March 09, 2007

    Indo-US Business Relations: Setting new records

    With the passage of a year since the visit of President George W. Bush to India, it is the business communities of the two countries that have benefited the most from the momentum created by the upsurge in Indo-US relations. While two-way trade and investment had been growing at a steady clip, the announcement and subsequent passage of the Bill on Co-operation in Civil Nuclear Energy, intended to remove the last vestiges of the adversarial relations between the two countries, have taken business relations to a new level.

    Cherian Samuel
    March 08, 2007

    India and Russia Need to Deepen Economic Relations

    The recent meeting of the Indo-Russian Business Co-operation Council and the Trade and Investment Forum in New Delhi was significant, in that it took place after the recent summit-level talks between the two countries. This symbolises the fact that both countries assign considerable value to increasing bilateral trade and economic co-operation.

    Nivedita Das Kundu
    March 07, 2007

    Chinese Nationalism and the Fate of Tibet: Implications for India and Future Scenarios

    Chinese nationalism primarily represents Han nationalism and ignores ethnic minority sub-nationalisms and identities in the larger cause of the state's unity and integrity. The Chinese state calls for submerging of all minority identities within the predominant Han identity, for promoting national cohesion and nationalism, effectively precluding the possibility of the assertion of Tibetan nationalism and autonomy. Because of the suppression of Tibetans in China, a large number of them have fled and settled in India and elsewhere.

    Abanti Bhattacharya
    March 2007

    India and the Proliferation Security Initiative: A US Perspective

    The article considers why New Delhi has shied away from full participation in the US-led Proliferation Security Initiative despite compelling national interests in improving Indian maritime forces and cooperating with the United States at sea. Some factors examined are polarized domestic politics, Indians' ambivalence about non-proliferation arrangements that formerly targeted them, and New Delhi's desire for regional primacy. Until Indian leaders come to believe that the benefits of PSI participation outweigh its drawbacks, they will continue to hold the initiative at arm's length.

    James R. Holmes
    March 2007

    India can drive a hard bargain on the IPI Pipeline

    The general impression is that Iran has gained tremendously from rising oil prices, fuelled by its vast oil wealth. In reality, however, given increased domestic consumption coupled with inefficient usage and subsidies, Iran is actually struggling to produce enough oil and gas for export. Without substantial upgrades Iran's oil production is expected to go through a gradual decline. Though Iran has abundant oil reserves, estimated at around 137 billion barrels, it has not even been able to generate its OPEC quota due to lack of technical expertise and skills.

    Rohit Pattnaik
    February 23, 2007

    Aero India 2007: The Lure of India's Burgeoning Aerospace Market

    The Sixth Aero India Aerospace and Defence Exhibition held from February 07 to 11, 2007 was by all accounts a 'big' event. The biennial gathering was organized jointly by the Ministry of Defence's (MoD) Department of Defence Production and the Federation of Indian Chambers of Commerce and Industry (FICCI). For the first time, Farnborough International Ltd., the organization that holds the Farnborough International Air Show, was involved. 503 defence companies from 33 countries were represented at the Yelahanka Air Force station in Bangalore, the venue of the show.

    S. Samuel C. Rajiv
    February 22, 2007

    President Putin's Visit to India

    Vladimir Putin's visit to India on January 25-26, 2007 provided fresh impetus to the strategic partnership between the two countries. The visit reinforced the interests of both states in maintaining their traditionally close and friendly relationship and in strengthening a multipolar world order.

    Nivedita Das Kundu
    January 30, 2007

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