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Detailed stories on technology startups, business and economic current affairs.
It’s never a good sign when your foreign minister needs a lobbyist to meet US officials. The recent events signal a breakdown in the Modi government’s ability to operate in today’s Washington through its own machinery.

The most alarming aspect of India’s position is not that it is squeezed between the United States, China and Russia. It is that India has made no visible effort to cushion the blows.
When US President Donald Trump spoke to reporters aboard Air Force One in early January, his words carried all the contempt of a master lecturing a reluctant student. Prime Minister Narendra Modi, he said, was “a very good man” but “knew I was not happy” about India’s Russian oil purchases. The prime minister understood that “it was important to make me happy”, Trump continued, with the tone …

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.
Former WeWork chief is betting on the Mideast markets, fresh attacks have the Gulf on edge again, and other updates from this week.