Trump, Modi bond and boost US-India partnership

Trump, Modi bond and boost US-India partnershipDonald Trump and Narendra Modi had a remarkably successful afternoon and evening at the White House yesterday, bonding and even hugging in an easy way, and avoiding potential clashes on issues such as visas and climate change that might have disturbed the harmony of the Indian Prime Minister’s first meeting with the US President. Together…

Modi on a roll as he meets Donald Trump for the first time

Modi on a roll as he meets Donald Trump for the first timeNarendra Modi is on a roll. The Indian prime minister arrived in Washington last night for his first meeting with Donald Trump, which takes place on June 26. after lining up two politically significant and headline-catching political and economic successes in India. The country’s long overdue-national sales tax, a major economic reform, is coming into…

India’s Tax Gamble

India’s Tax GambleOn July 1, India will toss its labyrinthine tax regime out the window and replace it with a more streamlined nationwide Goods & Services Tax (GST) that is hailed by many as the country’s most pathbreaking tax reform and deplored by others who fear it will turn the economy down. The new system will eliminate…

Prosper or perish: Time for Sustainable Development

Prosper or perish: Time for Sustainable DevelopmentWith US President Donald Trump's walkout of the Paris Deal, the agreement that aims to keep planetary warming by 2030 below the 2°C rise ceiling, the debate about sustainable development has gained increased traction, with advocates directly contradicting the president and saying it could generate millions of jobs. In this new development model, the United…

Christie’s Trims South Asian Sails, Does Well in London

Christie’s Trims South Asian Sails, Does Well in LondonChristie’s yesterday scored at its annual early summer auction in London of South Asian modern art with sales totaling £5.9 million (US$7.66 million) with more than 90 percent of 69 lots finding buyers. That has helped rebuild Christie’s regional reputation after a poor auction result in Mumbai last December and a subsequent cost-cutting decision to stop holding the high profile annual…

Modi’s Three-Year Report Card

Modi’s Three-Year Report CardThe third anniversary of Narendra Modi being sworn in as prime minister was celebrated on May 26 with all the bombast that has come to characterize a nationalist administration built around the image of one man, backed by his chief henchman, Amit Shah, the arch Hindu-nationalist president of Modi’s Bharatiya Janata Party. Modi went to…

India Shies Away from the OBOR Party

India Shies Away from the OBOR PartyChinese President Xi Jinping's highly-choreographed One Belt One Road Summit in Beijing last weekend, touted as China’s “grand coming out globalization party,” saw attendance from presidents, prime ministers and global leaders from 28 countries. However, one country was conspicuous by its absence from the megawatt show: India. The event was aimed to map out China's…

Return of the License Raj?

Return of the License Raj?Indian nationalists are attempting to push their country towards China-style mercantilism in hobbling US consumer giants Amazon and Uber from making inroads against local brands Flipkart and Ola, demanding that the government protect local companies against what they call predatory pricing.  The debate has been roiling corporate India ever since two of the country's leading…

The UK’s May, India’s Modi Go for “Strong and Stable”

The UK’s May, India’s Modi Go for “Strong and Stable”Any political leader must envy Theresa May, Britain’s prime minister, who has already virtually won the UK’s general election, even though it doesn’t take place for another month, without promising anything more than “strong and stable government.” She has avoided being questioned by the media and by critical voters, and has not explained how she…

Usually Outclassed by China, India Scores a Few Points

Usually Outclassed by China, India Scores a Few PointsWhile international attention has been preoccupied with Donald Trump and his reactions to North Korea’s nuclear capability and the war in Syria, India and China have been provocatively needling each other over their long-running and potentially explosive border dispute in the Himalayan mountains. The world need not worry however because, instead of nuclear strikes or…