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Beyond De-Dollarisation: How Bharat–Japan Trade Could Build Financial Resilience
The proposed rupee-yen settlement framework is better understood as a practical effort to improve Bharat–Japan trade than as an attack on the US dollar. Direct local currency settlement could reduce conversion costs, shorten payment chains and help firms manage exchange-rate exposure, but only if the market offers sufficient liquidity and affordable hedging. The dollar remains…
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BrahMos to UAE: Russia’s High-Stakes Calculus Behind Bharat’s Defence Rise
The possible BrahMos sale to the UAE highlights the changing logic of defence diplomacy in a multipolar world. Russia may approve the deal because it strengthens military-technical cooperation with Bharat while keeping Moscow relevant in a major joint weapons platform. The UAE’s interest reflects its desire for deterrence, defence diversification, and greater strategic autonomy amid…
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China’s Invisible War With India And The World
By Cdr Sandeep Dhawan (Retd). On 15 June 2020, the People’s Liberation Army (PLA) backstabbed the Indian Army patrolling team during the Galwan Valley Clash. The whole nation was angry, but the flag-bearers of the India-China Friendship Association (ICFA) were unwavering in their support for China. ICFA didn’t see any reason to sever ties with China or…