Moscow Still Counts. Just Not the Way It Used To.
As Modi prepares to visit Russia in 2026, the relationship remains intact — but the balance of need has quietly reversed. India is the indispensable partner now.
India Watch
India at 7.4%: What the RBI Pause Tells Us About the Road Ahead
RBI's decision to hold rates in February, a rising inflation trajectory, diverging forecasts from major institutions, and a thickening set of external risks signal that FY27 will be a more demanding test — and that the headline number no longer tells the full story.
Geopolitics
Moscow Still Counts. Just Not the Way It Used To.
As Modi prepares to visit Russia in 2026, the relationship remains intact — but the balance of need has quietly reversed. India is the indispensable partner now.
Geoeconomics
The Quiet Erosion of Dollar Dominance
The numbers from 2025 and early 2026 tell a more nuanced story than either the dollar triumphalists or the de-dollarisation advocates want to admit. The shift is real, it is structural, and India is in the middle of it.
Security
Chabahar on the clock
India transferred $120 million to Iran, resigned its directors, took down its company website, and told Washington it would wind down. The waiver expires on 26 April. What happens next is a test of whether strategic autonomy means anything when the bill arrives.
Opinion
The Neighbourhood First Policy at 12: Has It Worked?
Sri Lanka: success. Maldives: reversed. Bangladesh: ruptured. Nepal: independent. Bhutan: quiet success. Pakistan: structural failure. Twelve years — enough for an honest audit.