INDIAN ECONOMY

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India Must Build Its Growth Story Around Innovation

Innovation worries us. At one level, many perceive it as a threat to their jobs and, in fact, to their way of thinking and behaving. It challenges what they are used to. At another and more profound level, there is genuine fear of failure. After all, not all innovations succeed. Indeed, most fail. A combination of the above is often the reason why governments and institutions are usually averse to innovation and thus, change.
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Rebalancing With India: The Race For Influence In The Asia-Pacific

The US is keen on leveraging its strategic partnership with India -- a growing Asian economic, military and geo-political power -- in balancing the rise of China in the larger Indo-Pacific domain. The first American President to have visited India twice during his tenure, Barack Obama has been committed to forging deeper cooperation with India, which he calls a 21st-century centre of influence.