In 2015, India was recognised as the main driver of non-OECD oil demand growth at 1.8 million barrels per day (mb/d). Buoyed by low oil prices, India’s consumer demand witnessed a significant boost, reflecting in its record growth in oil demand, which jumped to 0.3 mb/d in 2015 on a year-over-year basis. India, expected to overtake Japan as Asia’s largest oil consuming nation, had found its budget deficit worsening due to oil prices hovering above $100 a barrel.
India’s Growing Strategic Concerns in Nepal
Questions on credibility of massive retaliation in India's nuclear doctrine have persisted since its public revelation in 2003. Persistence of these questions was evident in the recent round of debates on review of India’s nuclear doctrine, sparked by Defence Minister, Manohar Parrikar’s remarks on the doctrine.
India-US Defence Ties under Obama and What Lies Ahead under Trump: So Near, Yet So Far?
If there is one major global governance issue that could take a hit with Donald Trump’s victory, it is climate change.
Low Oil Price Regime: What It Means for India?
The year 2016 closes without India having gained entry into the Nuclear Suppliers Group (NSG). The expectations for this had reached a crescendo around the middle of the year when the Indian application was taken up at the plenary meeting in June in South Korea. However, China did not allow this to happen, burdening the Indian case for membership with several technical, procedural and political issues. Some other nations had a few issues too.
Credibility of India’s Massive Retaliation
The 2016 South Asian Association for Regional Cooperation (SAARC) Summit was cancelled – throwing light on the fragile nature of relations between nations in South Asia. The Narendra Modi-led government applied substantial pressure on Pakistan and stated a clear intent on highlighting that when push comes to shove, diplomacy has to give way to tougher measures.
The Future of India’s Climate Diplomacy: Trump, China and Other Factors
On July 12, 2016, the Permanent Court of Arbitration in The Hague awarded the verdict over the dispute in the South China Sea between China and Philippines. The tribunal decided in favour of the Philippines by rejecting China’s claims to the South China Sea based on the “nine-dash line” map and specified that it had “no legal basis”.
India’s Nuclear Power Journey in 2016
On 18 September 2016, four terrorists stormed the Indian Army brigade headquarters in Uri killing 19 soldiers before being gunned down. Within a span of three months, terrorists have carried out a similar fedayeen style attack on XVI Corps headquarters in Nagrota, Jammu.
Resurrecting BIMSTEC
The ongoing transition in Myanmar has thrown up several issues to the forefront — questions on federalism within the nation state, strengthening the economy to sharing of resources. The decision by Myanmar’s military junta to hold general elections and move the nation-state towards democracy was welcome albeit, underpinned by heavy skepticism. The cynicism stemmed from the long drawn rule by the military which has centrally controlled the politics and economy of the state.
China’s South China Sea Policy: Assertive and Uncompromising
Since the Uri army base attack on 18 September 2016, in which 17 Indian soldiers were killed (called the “deadliest attack on the security forces in Kashmir in two decades”), relations between India and Pakistan have been at an all-time low. While India has provided ample evidence to establish the origin of the attack as Pakistan, the latter continues to be in denial.