By Dhruva Jaishankar
What’s the latest on U.S.-India relations? Dhruva Jaishankar answers.
By Amoha Basrur and Pranoy Jainendran
With applications already spanning the automotive, aerospace, and data-centre sectors, spintronics has become a strategic priority for countries with the manufacturing capacity to compete for it, driving targeted R&D funding, national roadmaps, and industry partnerships aimed at securing technological leadership and supply chain resilience.
By Siddharth Yadav
Global corporate AI investment reached US$581.7 billion in 2025, more than double the previous year’s total, with most of it flowing to the economies that already dominate research and hardware. Economies with nascent domestic digital infrastructure, investment vehicles, research ecosystems, and governance frameworks risk being marginalized by the AI-driven future.
By Gopalika Arora
The retrenchment of finance is not merely a result of a temporary slowdown in climate finance commitments by the developed countries. It may also signal a deeper restructuring of the climate finance architecture driven by changing institutional priorities within the multilateral system that was expected to anchor the transition.
By Parul Bakshi and Lydia Powell
Over the past decade, three structural shifts have been reordering global energy trade, encompassing not only traditional oil and gas flows but also the rapidly growing cross-border trade in electricity and clean energy goods.
By Piyush Verma
For the Global South, the stakes are particularly high: the energy transition could unlock industrialization, resilience, and strategic bargaining power, but it could also reproduce older patterns of dependency through new technologies, standards, minerals, and financial asymmetries.
By Dhruva Jaishankar and Jeffrey D. Bean
Earlier this month, India was among the first countries to receive expanded access to Anthropic's Claude Mythos large language model, but the White House decision to block all foreign access to Anthropic’s new Mythos and Fable models via export control elevates concerns regarding reliability of U.S. partnership and AI dependency.
By Dhruva Jaishankar
The latest Quad joint statement highlights how economic security is receiving priority at this juncture, critical and emerging technologies are being somewhat marginalized by unilateral and bilateral efforts, and efforts of maritime security continue to progress in a more workmanlike manner.
By Dhruva Jaishankar with Pratnashree Basu, Kartik Bommakanti, Lindsey Ford, and Kabir Taneja
The re-election of Donald Trump in the United States (US) has introduced a wave of turbulence to the international system, reversing certain pre-existing trends while accelerating others. Meanwhile, the war in Ukraine continues to contribute to Europe’s rearmament. Israel’s strikes in Iran, Syria, Qatar, and Yemen reflect broader upheaval spreading across the Middle East and beyond. China’s competition with the US persists, extending across multiple domains and regions. Amid this backdrop, at least five major geopolitical megatrends are likely to unfold.
By Dhruva Jaishankar
The prospects of a major war involving China and the United States, and a limited war between Pakistan and India, are perhaps higher in the next three years than they have been over the preceding quarter century. Moreover, these two scenarios are connected by an increasingly intertwined China-Pakistan military relationship, which now extends beyond arms transfers to shared networks and emulated doctrines.
By Dhruva Jaishankar and Ammar Nainar
As China and the United States jostle for position, India has a modest but meaningful role to play as a security provider in the Western Pacific. Beyond the Indian Ocean, its ability to improve interoperability with willing and capable partners and assist in capacity-building efforts have only increased, notwithstanding the tenor of relations with the United States.
By Dhruva Jaishankar
The newly-elected presidency of Lee Jae Myung in South Korea has created an opportunity to advance India-South Korea relations. The greatest potential for cooperation between the two countries involves aligning South Korea’s dynamic industrial capabilities with India’s own industrialization efforts.
By Dhruva Jaishankar
Trump’s April 2 announcement has already roiled financial markets, and the global economy will continue to be adversely affected both by the implementation of tariffs and by uncertainty as negotiations proceed. But while there will be no immediate winners, some parties appear relatively better off.
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