India's banks are propping up too many weak producers.
When President Obama lands in New Delhi later this week, this spirit of accommodation must reignite a strategic economic relationship between the two countries.
This does not mean isolating parochialism but of new way of thinking about economic systems, says Rajni Bakshi.
Addressing the Indian diaspora on the second day of his three-day visit to Malaysia, Modi said India draws strength from its diversity and that his government is working to create an environment where enterprise flourishes and everybody gets basic needs like roof, sanitation, water, health care and education.
'I will be happy if walls are built between India and China!' 'We are going to nooks and corners of the country to make ordinary people realise the need to buy Indian goods so that our workers get jobs.'
Premier Li Keqiang highlighted his government's performance in the last one year and the challenges ahead in various fields. Compared to other reports by his predecessors, Li spoke more frankly about the mounting challenges faced by the country. Srikanth Kondapalli on the two recent Chinese parliament sessions.
India has some ability to influence what the world order will look like, but it needs to make structural changes to the ministries of external affairs and commerce, and evolve formal coordination mechanisms with the ministries of finance and home, says Nitin Pai
The market could be influenced by events elsewhere in the world and regardless of what happens to India's economy
Borrowing from BRICS bank will help India avoid other kinds of politics emanating from the West. Overall, the BRICS institutions will necessarily adopt alternative ways of doing things based on their own cultural and socio economic needs, says M K Venu.
This was a very strong position and was criticised by many, both from the developed and developing world.
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
India scored a remarkable win on food security, but trade partners will now put pressure on New Delhi to provide meaningful openings for industrial goods and services and be more accommodative on liberalising tariffs.
'I couldn't think of a more visible strategic form of cooperation than both of our armed serves using a similar weaponry jointly developed together.' Aziz Haniffa/Rediff.com reports from Washington, DC on what is expected in the India-US defence relationship during Prime Minister Modi's visit.
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
At present there is virtually no dialog between votaries of different various versions of economic democracy.
The India government needs to work on policies that can enhance global trade.
The biggest lesson China can teach India is that when it comes to sustaining a love affair with investors, nothing works better than an undervalued currency and its by-product: a current-account surplus.
Incoming US President Donald Trump has assembled a core team that is -- not surprisingly -- overwhelmingly white and male.
In dramatic scenes, Umar Khalid, the Jawaharlal Nehru University student who had been untraceable after being accused of sedition, returned to the campus late on Sunday evening. Khalid turned up at JNU's administration block, where hundreds of students began to gather, and gave a rousing speech just shy of 14 minutes, insisting that he would stand his ground and asked that all students unite against the attacks on our country. This is what he had to say.
The target of $500 billion in bilateral trade by 2020 is doable, feels Anand Sharma.
He was number three in 1999 when the company was founded.
The joint statement issued after Prime Minister Narendra Modi and President Barack Obama's first-ever summit is high on intent and ambition. Notably missing from the statement is India's refusal to be America's partner in its war against ISIS.
'It is a national shame that the only country that enacted a food security act is now better known as the land of farmer suicides. Indian farming can change only if national irrigation policy is implemented in totality,' Dr M S Swaminathan tells Shobha Warrier/Rediff.com
Despite criticism of a lack of transparency and communication from the Modi-led government, BJP leaders point to "good beginnings" on several fronts to defend its performance. Sheela Bhatt/Rediff.com reports.
'We should not flatter ourselves that China is fixated on encircling India. She has greater goals, becoming the pre-eminent power in the world, and India as a major power is dealt with as part of that strategy.'
'Just how strong were the ties between the world's largest and oldest democracies that an incident involving a diplomat and a maid led to anger threatening the relationship itself? Or had the relationship been weakening in the past few years, masked by the empty symbolism of State dinners, asks Devesh Kapur.
The third and final part of BJP president Amit Shah's interview to Sheela Bhatt/Rediff.com.
'It is a pattern of behaviour of the Chinese that whenever a Chinese leader visits India or an Indian leader visits China, some incidents take place.' 'When Modi visits China, we should look out for some similar demonstration by the Chinese.'
'Under Narendra Modi's leadership, we will be able to regain our rightful place in the community of nations,' veteran diplomat Hardeep Singh Puri, who joined the BJP on January 2, tells Rediff.com's Sheela Bhatt.
'I am almost tempted to say there is some kind of a vested interest operating to play down the achievements of Modi.' 'I think the focus should be on what has been achieved in 70 days and not on how this government functions.' Commerce Minister Nirmala Sitharaman's exclusive interview with Sheela Bhatt/Rediff.com on how the Modi sarkar is changing India.
Who are the men the prime minister relies on to execute his impressive agenda?
With Beijing having had a profound rethink on India's admission as a full member of the Shanghai Cooperation Organisation, the tectonic plates of the geopolitics of a massive swathe of the planet stretching from the Asia-Pacific to West Asia are dramatically shifting. That grating noise in the Central Asian steppes will be heard far and wide -- as far as North America, says Ambassador M K Bhadrakumar.
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.