The Term BRIC was introduced by Jim O’Neill of Goldman Sachs in 2003 to refer to an emerging bloc of four countries – Brazil, Russia, India and China. With inclusion of South Africa in 2010, the term became ‘BRICS’, which actually an acronym for the five member countries. The bloc offers a unique opportunity for
Read more →What is the Theory of String of Pearls? China’s continued economic development is dependent on secure routes for energy supplies and the movement of its trade through the Indian Ocean region. In order to mitigate this vulnerability, China has acquired a ‘blue-water’ navy and developed a number of military and civilian seaports in the Indian
Read more →The Cold Start Doctrine is a military doctrine developed by the Indian armed forces to be used in war against Pakistan. Even though, Indian government and armed forces do not acknowledge its existence many experts believe the doctrine is in place since 2004 and Indian armed forces have been working on to build resources and
Read more →What is Cyber security? The most significant development in the last couple of decades is the information revolution. World has witnessed tremendous breakthroughs in areas of computing, communication and information management. Development of new mobile and computing devices which are cheaper, ever increasing in their computing power and decreasing in size, along with development of
Read more →What is a Non-Performing Asset? In the account books of banks, the deposits made by public are categorised as liabilities while the loans and advances made by the banks to its customers are categorised as assets. According to RBI those assets on which the instalments of interest or principle or both remain overdue for a
Read more →Agriculture sector has been under stress in India for a several decades now. Agricultural growth has been, on average, lower than that in non-agriculture, including industry; but the rate of decline of the population dependent on agriculture has been discouragingly low since employment outside of agriculture has not been growing fast enough. Incomes from farming
Read more →Energy is one of the most vital building blocks of human development and key factor influencing the sustainable development of any nation. The conventional sources of energy have become a major threat to our existing and future global safety, environmental values, health and society. Therefore there is an urgent need for promoting renewable energy in
Read more →The Kashmir Valley was declared as paradise on earth by the Mughal emperor in 17th century. It was a peaceful and tranquil region until the partition of India in 1947. Since 1947, the region has been in constant state of flux and has seen four wars between the neighbors India and Pakistan in last 70
Read more →Oil is one of the most important pillars of the global economy. Any significant change in the crude oil prices sends ripples through the world economies. The price of oil has effect on everything from stock markets, manufacturing industry, transport, government revenue as well as developmental work. Rising Fuel Prices’ Effect on Indian Economy All
Read more →India – Iran relations are more than a millennium old. Bilateral relations between the two countries are far reaching and multi-dimensional. Both have recognized they have a lot to offer to each other and have acted to expand cooperation in many key areas. The recent increasing bilateralism between Iran and India is based on the
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