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Detailed stories on technology startups, business and economic current affairs.
Chinese diplomats to India are saying all the right things for Indian ears, but Beijing’s policy actions are moving in the opposite direction.
Speaking at the World Peace Forum in early July, an annual foreign policy forum in Beijing, India’s new ambassador to China, Vikram Doraiswami, caused some buzz with his statement that “Obviously, we would like to be able to export more to China. This is nothing unreasonable about suggesting that.” He then went on to identify one such possible area where India could increase its exports to China: pharmaceuticals, where he said India has “a competitive advantage”.
His rationale was simple: “we’re one of the world’s big exporters of pharmaceuticals to advanced markets. We hope Chinese partners will work with us …

India’s second-largest brokerage by active clients wants to handle IPOs as a merchant banker. But gaining a foothold in the highly competitive sector is easier said than done.
Influence cannot be manufactured through diaspora networks, carefully branded events or political donations. It requires honesty and credibility.
The country's fighter jet roadmap rests on imported propulsion, leaving its military plans hostage to cost shocks, delays and geopolitics.