Narendra Modi

India approves new defense policy to boost local companies

India's cabinet on May 24 approved a long-awaited policy to boost local manufacturing of high-tech defense equipment and cut down reliance on expensive imports.

Under the new Strategic Partnership model, the government will pick Indian companies to tie up with foreign organizations to manufacture fighter jets, armored vehicles, helicopters and submarines locally.

Turkey, India to 'deepen' economic ties: Erdoğan

Turkish and Indian leaders stressed the importance of trade and direct investment during a business summit in New Delhi on May 1.    

Speaking at the Turkey-India Business Forum, President Recep Tayyip Erdoğan said meetings held during his official visit to India would mark a new era for business ties, state-run Anadolu Agency has reported. 

STRATFOR: 2017 Second-Quarter Forecast

Trade will be at the forefront of many leaders’ minds this quarter as a new U.S. administration settles into the White House. Though U.S. President Donald Trump continues to be bogged down by congressional battles and allegations of inappropriate ties to Russia, his team will try to draw the public’s attention back to its trade agenda.

INTERVIEW: Basharat Peer on Turkey, India and the new populism

The Turkey of Recep Tayyip Erdoğan and the India of Narendra Modi are seen as pioneers of a new style of populism. Both President Erdoğan and Prime Minister Modi tap into a simmering reservoir of resentment, historical injury and frustration, directing anger against domestic and foreign "enemies of the people." With the election of Donald Trump as U.S.

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