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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.

As India’s largest stock exchange heads to the public markets, it may need to rethink its excessive reliance on transaction revenue.
The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.
April data suggests the slide may be moderating, even as the UAE accelerates moves to derisk its future.