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Detailed stories on technology startups, business and economic current affairs.
China provides a salutary warning about the risks of pursuing personalised diplomacy, centred around big events and photo opportunities, as has been the case with Modi since he became the prime minister.

When the Modi government abrogated Article 370 from the Indian constitution, simultaneously downgrading and dividing the erstwhile state of Jammu and Kashmir, China’s foreign ministry spokesperson said that India had undermined “China’s territorial sovereignty by unilaterally changing its domestic law” and this practice was “unacceptable”. Home minister Amit Shah had earlier spoken in Parliament, vowing to lay down his life to wrest back Aksai Chin and other regions that are in China’s control. The Modi government tried to paper over the cracks by suggesting that this internal administrative action had no bearing on China but was soon compelled to despatch …

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.
Chinese diplomats to India are saying all the right things for Indian ears, but Beijing’s policy actions are moving in the opposite direction.