The Times of India

The Gallipoli lesson Donald Trump would do well to remember in the Gulf

Can the world’s greatest naval power be foiled by something as low-tech as floating mines? Right now, massive US aircraft carriers and destroyers dominate the Gulf. Iran has no comparable vessels. Yet the damage caused by Iranian drones and mines has paralysed commercial traffic in the Gulf, and the US is unable to ensure security.

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Why trade deals can’t help India become a major apparel exporter

India is energetically pursuing Free Trade Agreements (FTAs). It has signed deals with the UK, EFTA, UAE, Oman, and Australia. It has finalised negotiations with the European Union, a really big market, and ratification by EU members should follow next year. A framework agreement with the US has been negotiated. Donald Trump has already said

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Taxing the rich? The middle class would much rather join them

Led by Thomas Piketty, leftist economists protest that inequalities are getting intolerable, so the richest should be taxed severely. Countering this, Jeff Bezos of Amazon pointed out last year that company founders had frequently made minority shareholders extremely wealthy. He suggested that entrepreneurs should be ranked not by their own wealth, but by the wealth

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To put it crudely, Big Oil will scupper Trump’s Venezuela plan

Donald Trump is advertising his abduction of Venezuela’s President Maduro as hard-nosed realpolitik. Without putting troops on the ground, he says Washington will do business with Nicolás Maduro’s lieutenants, secure oil, and put American companies — notably Chevron, Exxon Mobil, and ConocoPhillips — back in charge of the world’s largest proven reserves. This is a

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Push, not rush. India shouldn’t lock itself into nuclear power

Opening the nuclear power sector to private investors is desirable. But India should proceed cautiously without rigid targets, ready for sharp changes in the investment mix as required. The govt has announced the opening of nuclear power to the private sector, framing it as a landmark reform. Officials say that to raise nuclear capacity from

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