New Delhi, Jan. 26 -- This Republic Day, we should reflect on India's embrace of the world.

Amid all the convulsions of globalization, we have cause for optimism over India's trade prospects.

A deal with the EU looks imminent, while the US has signalled it may not just relieve us of its punitive tariff for buying Russian oil, but go ahead with a long-delayed trade pact.

The geopolitical context is peculiar to say the least.

The US has all but turned its back on a rules-based world order.

The Pentagon, in its National Defence Strategy released on Friday, classifies it as one of the "cloud-castle abstractions" that have wasted US military dominance.

In the Indo-Pacific, it aims for a balance of power that would let the US, China and o...