Who matters more in Asia?

[IE] China’s influence over Asia today is significant and growing. But it is, by no means, the only story in Asia. Perhaps due to China’s stellar rise, it is easy to overlook the substantial sway the US economy still holds over much of Asia. Concerns over slower trend growth in

Squaring the oil circle

[IE] Given the price of the Indian crude oil basket is pretty much where it was at the beginning of the year when the government first decided to hike diesel prices—diesel accounts for 40% of all under-recoveries—while the rupee has depreciated a fourth, all the effort put in by the

India’s first defence satellite all set for launch

[IE] India’s maritime security will get a fresh impetus as the stage is now set for the launch of an exclusive home-built satellite for the Navy by European space consortium Arianespace from Kourou spaceport in French Guiana on Friday. GSAT-7 is India’s first dedicated spacecraft for Defence applications. “It has

Don’t blame the Food Bill

[Hindu] The currencies of India, Indonesia, Brazil, South Africa and Turkey have fallen quite dramatically against the dollar in the past few months. Whatever their domestic weaknesses, the reasons for this unprecedented decline — ranging between 13 to 21 per cent — are primarily global. In the past 48 hours,