Trade between India and China has nearly doubled in five years, leaving New Delhi with a widening deficit and a difficult choice over how to build its industrial future.
Category: Modi, Narendra
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India Wants to Buy Fewer Chinese Imports, but Keeps Needing More
The New York Times – Business: -
At BRICS Summit, China and India Vie for Influence
The New York Times – On the Runway:China sees the BRICS group as a vehicle for challenging American power. India wants to keep the group broad enough to avoid choosing sides.
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Why Emerging Powers Keep Joining BRICS, Even When They Disagree
The New York Times – On the Runway:Leaders of emerging economies meet in New Delhi this weekend, but global conflicts and soaring energy prices threaten to undermine unity.
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India’s College Boom Is Leaving Graduates in Debt and Without Jobs
The New York Times – Business:Families are betting their savings on private universities as a path to a better life. A shortage of well-paying work is turning that wager into frustration.
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Federal Prosecutors Move to Drop Bribery Case Against Indian Magnate
The New York Times – Business:Gautam Adani had been accused of lying to American investors about payoffs in India. The end of the case came as President Trump has signaled a transactional approach to justice.
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Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’
The New York Times – Business:President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.
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Modi’s Triumph in West Bengal Elections Puts Him Closer to an Opposition-Free India
The New York Times – Business:With his triumph in West Bengal state elections, Prime Minister Narendra Modi has moved closer to his dream of an opposition-free India.
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Elon Musk Joins in Phone Call Between Donald Trump and Narendra Modi
The New York Times – Business:Mr. Musk’s participation was notable because it is rare for a private citizen to be on a call between heads of state. It also suggests that Mr. Musk is back on better terms with the president.
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How India Became One of the World’s Biggest Economies
The New York Times – Business:India has grown rapidly despite its slow industrialization, and its economy is now nearly as big as Japan’s.
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For India, Buying Russian Oil Just Got More Complicated
The New York Times – Business:India’s prime minister acceded to many of President Trump’s demands under pressure of heavy tariffs. It would be awkward to reject them now.
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Money Talks as India Searches for Its Place in Global A.I.
The New York Times – Business:Narendra Modi, the prime minister, convened foreign leaders, the richest Silicon Valley companies and thousands of Indian entrepreneurs for a week of deal making.