From a holistic and integrated global risks lens encompassing traditional and non-traditional risk classes, while this supervisory message is welcome and timely, exposes major structural flaws that must be addressed in time:
1. Critical blind spots on geopolitical, warfare, and global maritime risks:
ECB/EU priorities do flag geopolitical, warfare, naval blockade risks, etcétéras. However, their stress tests and ICAAP/ILAAP processes treat these major risks as “tail-risks/tail-events” -> scenarios with material global impact such as: disruptions at critical chokepoints that trigger supply-chain shocks, energy and commodity price spikes, trade finance defaults, and insurance risk spirals that hit conglomerates across multiple balance sheets, globally, simultaneously.
The Euro-centric shortsightedness underplays such third-country/global risk exposures, alongside other non-bank and cross-sectoral spillovers.
The backward-looking models still struggle with uncertainty, with the forward-looking ones failing to accurately integrate global polycrisis where multiple vectors materialise and compound simultaneously - this, despite contrasting ‘assurances’ of stability floating from the European political blocks.
2. Persistent siloed supplemental supervision:
The Financial Conglomerates Directive, while presents useful overlays, stands incomplete in ensuring integrated oversight of cross-sectoral and global spillovers. Additionally, the regulatory arbitrage persists across borders and entities, alongside moral hazard that sustains across “too-complex-to-fail” groups.
The ECB and European Supervisors need to ensure:
- Fully consolidated and integrated group-wide risk platforms are mandated;
- Strategic foresight and global risk exposures are embedded (think resilience by design, and not as an afterthought);
- Supervisory convergence strengthened, including dedicated maritime and warfare stress modules built and integrated into primary risk assessments.
@ecb
In an uncertain risk environment, financial conglomeratesface more complex, interconnected risks than stand-alone banks – they must step up governance, resilience and communication to cope with the challenges, says Supervisory Board member Anneli Tuominen https://t.co/n2pLi8slVn
Why not spell out precisely what India should do concretely and visibly to protect our stakes because the presumption is we are not doing what needs to be done.
How should we counsel and restrain Trump?
How do we restrain Israel?
How do restrain Iran’s attacks against the Gulf states?
How do we persuade the Gulf states not to allow their airspace to be used by the US for attacking Iran?
What do we tell the UAE?
How do we persuade Iran to allow unhindered passage through Hormuz?
Why has Europe been marginalised?
Why Japan too?
Why are China and Russia not effective in protecting their political and economic stakes?
India as current BRICS chair has not been able to forge a consensus despite Russian and Chinese support?
What could be a concrete diplomatic plan of action? @ShashiTharoor
From a holistic and integrated global risks lens encompassing traditional and non-traditional risk classes, while this supervisory message is welcome and timely, exposes major structural flaws that must be addressed in time:
1. Critical blind spots on geopolitical, warfare, and global maritime risks:
ECB/EU priorities do flag geopolitical, warfare, naval blockade risks, etcétéras. However, their stress tests and ICAAP/ILAAP processes treat these major risks as “tail-risks/tail-events” -> scenarios with material global impact such as: disruptions at critical chokepoints that trigger supply-chain shocks, energy and commodity price spikes, trade finance defaults, and insurance risk spirals that hit conglomerates across multiple balance sheets, globally, simultaneously.
The Euro-centric shortsightedness underplays such third-country/global risk exposures, alongside other non-bank and cross-sectoral spillovers.
The backward-looking models still struggle with uncertainty, with the forward-looking ones failing to accurately integrate global polycrisis where multiple vectors materialise and compound simultaneously - this, despite contrasting ‘assurances’ of stability floating from the European political blocks.
2. Persistent siloed supplemental supervision:
The Financial Conglomerates Directive, while presents useful overlays, stands incomplete in ensuring integrated oversight of cross-sectoral and global spillovers. Additionally, the regulatory arbitrage persists across borders and entities, alongside moral hazard that sustains across “too-complex-to-fail” groups.
The ECB and European Supervisors need to ensure:
- Fully consolidated and integrated group-wide risk platforms are mandated;
- Strategic foresight and global risk exposures are embedded (think resilience by design, and not as an afterthought);
- Supervisory convergence strengthened, including dedicated maritime and warfare stress modules built and integrated into primary risk assessments.
@ecb
Congratulations @OilIndiaLimited !
An ocean of energy opportunities reinforced in the Andaman Sea!
Very happy to report the presence of natural gas in Sri Vijayapuram-3 an exploratory well drilled by Oil India Ltd. 15 km off the east coast of the Andaman Islands at a water depth of 355 meters.
Initial production testing of the well at the depth of 1900 plus meters in the Eocene formation has established the presence of natural gas through continuous flaring.
Oil India is carrying out gas sampling to assess the composition & calorific value of gas and to carry out isotope studies to understand the genesis of the gas.
Under the Samudra Manthan Mission (National Deep Water Exploration Mission) announced by Hon’ble PM @narendramodi Ji on Independence Day 2025, large number of deepwater & Ultra deepwater exploration wells are planned in our offshore basins to fully exploit our hydrocarbon reserves.
Presence of hydrocarbon is now reported in 2(Two) wells out of 3 (Three) exploratory wells drilled by OIL in current exploratory campaign off Andaman Basin.
This presence of natural gas will help us in taking forward our exploration ambitions in coordination with global deepwater exploration experts like @petrobras, @TotalEnergies, @bp_india, @Shell, @exxonmobil and will be a significant milestone in our journey through Amrit Kaal!
@PMOIndia@PIB_India@PetroleumMin@mygovindia
#OilIndia #EnergySecurity #Exploration #NaturalGas #Andaman
From a holistic and integrated global risks lens encompassing traditional and non-traditional risk classes, while this supervisory message is welcome and timely, exposes major structural flaws that must be addressed in time:
1. Critical blind spots on geopolitical, warfare, and global maritime risks:
ECB/EU priorities do flag geopolitical, warfare, naval blockade risks, etcétéras. However, their stress tests and ICAAP/ILAAP processes treat these major risks as “tail-risks/tail-events” -> scenarios with material global impact such as: disruptions at critical chokepoints that trigger supply-chain shocks, energy and commodity price spikes, trade finance defaults, and insurance risk spirals that hit conglomerates across multiple balance sheets, globally, simultaneously.
The Euro-centric shortsightedness underplays such third-country/global risk exposures, alongside other non-bank and cross-sectoral spillovers.
The backward-looking models still struggle with uncertainty, with the forward-looking ones failing to accurately integrate global polycrisis where multiple vectors materialise and compound simultaneously - this, despite contrasting ‘assurances’ of stability floating from the European political blocks.
2. Persistent siloed supplemental supervision:
The Financial Conglomerates Directive, while presents useful overlays, stands incomplete in ensuring integrated oversight of cross-sectoral and global spillovers. Additionally, the regulatory arbitrage persists across borders and entities, alongside moral hazard that sustains across “too-complex-to-fail” groups.
The ECB and European Supervisors need to ensure:
- Fully consolidated and integrated group-wide risk platforms are mandated;
- Strategic foresight and global risk exposures are embedded (think resilience by design, and not as an afterthought);
- Supervisory convergence strengthened, including dedicated maritime and warfare stress modules built and integrated into primary risk assessments.
@ecb
A brilliant piece with incisive insights by @Admiral_DKJoshi ! Those committed to advancing Indian national interests will readily grasp this compelling strategic rationale for the Great Nicobar project.
A phased execution approach emphasising - speed-to-capability, specialised human capital, and seamless dual-use technologies - will deliver an enduring Comprehensive National Power. Commercial sovereignty via a vibrant transshipment and logistics hub, a robust blue economy, ecological responsibility aligning with NDCs and SDGs, and strategic deterrence (including but not limited to robust “Indian A2/AD effects” across key chokepoints) - reinforce one another.
A compelling pathway forward for a mature thalassocratic India to shape the Indo-Pacific century. Grateful for Admiral Joshi’s clarity and nation-first leadership!
@MediaRN_ANI
A brilliant piece with incisive insights by @Admiral_DKJoshi ! Those committed to advancing Indian national interests will readily grasp this compelling strategic rationale for the Great Nicobar project.
A phased execution approach emphasising - speed-to-capability, specialised human capital, and seamless dual-use technologies - will deliver an enduring Comprehensive National Power. Commercial sovereignty via a vibrant transshipment and logistics hub, a robust blue economy, ecological responsibility aligning with NDCs and SDGs, and strategic deterrence (including but not limited to robust “Indian A2/AD effects” across key chokepoints) - reinforce one another.
A compelling pathway forward for a mature thalassocratic India to shape the Indo-Pacific century. Grateful for Admiral Joshi’s clarity and nation-first leadership!
@MediaRN_ANI
It brings a distinguished level of satisfaction to see traitors like Pravin Sawhney fade into absolute irrelevance and get ignored across decision-making tables that we see and that actually matter in the real world.
No one across those tables that matter, globally and nationally, takes Pravin Sawhney seriously, even though Mr. Sawhney (and his ilk) may think he is the modern day Einstein!
@parakh_pradeep Solar will play a central role, but hydro, wind, and nuclear will catch up - all cumulatively will meet the energy demands alongside transitioning out of fossil fuel based energy dependency.
This 265.44 GW peak energy demand meeting milestone is no mean feat and stands strategically, structurally, and operationally significant for India 🇮🇳!
A few key points:
1. From a geopolitical and economic lens, strengthens India’s negotiating position operating from a place of strength on matters across - climate finance, sustainability tech, linked technology transfers, and green solutions export - whilst bolstering India’s NDC credibility further, finely paving path for the nation emerging as a global leader in high-RE grids with cheaper daytime power supply .
NB: On the climate financing point - India remained underfunded by UN-allied platforms despite their commitments, and yet, under PM Modi government RE targets met ahead of time as critical milestones as these continue to be achieved amid heightened global energy security risks (not easy)!
2. Marks a significant shift for renewables (led by solar) from being marginal to structural -> resultantly, turning a potential ‘duck curve’ challenge - critical grid load balancing problem caused by high solar energy adoption - into a strategic advantage. This, a direct result of the solar generation perfectly integrating with peak energy cooling demand during critical daytime window (highest in summers).
3. This milestone directly in line with 50% non-fossil installed capacity (achieved early in 2025 at 52%) and 500GW non-fossil targets by 2030. Finely placed to lower long-term marginal costs alongside reduction in import dependence on coal/gas overtime -> strengthening energy security, economic growth, and acceleration towards 2070 net-zero energy transition targets.
Variable renewables are certainly maturing into a dependable backbone for peak energy demand, but to sustain the reliability at scale and pace alongside handling evening ramps -> storage factors, transmissions, deeper systems level integrations, sustained investments, and certain market reforms remain critical.
@PMOIndia
Today, at 1545 hours, peak power demand (solar hours) of 265.44 GW was successfully met.
This represents a new high in peak demand met, surpassing yesterday's peak demand (solar hours) of 260.45 GW which was also successfully met.
The US ambassador is doing his best to construct a positive narrative.
The facts on the ground are unfortunately different.
Contrary to expectations Trump has delivered serious blows to the strategic content of India-US ties.
This includes targeting India as tariff king, sanctioning India on purchase of Russian oil, holding up the trade deal, personal pique against India over Nobel Prize ambition, courting Pakistan, taking undue credit for Indo- Pak ceasefire, loss of interest in Quad and Indo- Pacific, insulting India as dead economy or hell hole with his cabinet ministers joining in, telling Apple CEO not to invest in India etc.
A lot of work needs to be done to re- instil confidence in the strategic partnership.
Transactionalism is not the answer.
#NewAndamans#GreatNicobarIsland is not “another remote island.” It’s #India’s🇮🇳 anchor in the #IndoPacificRegion. #Project at #GalatheaBay builds what we’ve lacked for decades: strategic depth at the world’s busiest chokepoint. Critics see ecological risk. Fair. But remember Narcondam 2012: @MinistryofDefence cleared radar rejected over hornbills gaps in #maritime domain awareness. #GreatNicobar offers #maritimesecurity, jobs, regional influence. #BlueEconomy