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LyrArc brings in selected articles from many of the world's top publications.

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The Times of India Original article ›
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US secretary of state Anthony Blinken meets Indian foreign minister Jaishankar, and prime minister Modi in New Delhi. India and the US are working together on how to make vaccine supplies accessible and affordable in Asia, Africa, and Latin America. To promote the vaccination drive in India the US announced an additional $25 million to the $200 million announced earlier, during Anthony Blinken's visit to New Delhi. Post pandemic economic recovery was also a subject of discussions. Blinken thanked Jaishankar for collaborative discussion on many points, including security in the Indo-Pacific region. He went on to say that "the US welcomes India's emergence as a leading global power." Blinken also said that the future in the 21st century will be written in the Indo-Pacific region.  Blinken thanked Jaishankar for the collaborative discussions on many topics, including trade and economy, and how to promote greater bilateral investments to deepen commercial ties. ...
The Economist Original article ›
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 India would be 27% richer if it rebalanced its workforce to include more women, according to the IMF. Women's participation in the workforce is the lowest of the G20 countries except Saudi Arabia. Contributing only one sixth of economic output, half the global average. The employment rate of women in India has dropped instead of rising from its low level, an alarm signal. It was 35% in 2005, now in 2018 it is 26%. In the last decade the economy has more than doubled in size and number of working age women, according to the IMF is 470 million. Part of the reason is that more girls are in school. Conservative social rules mean that women are discouraged by their families or in-laws from working outside the home. As families become richer more women stop working. The lack of manufacturing jobs is also a constraint. Men have taken 90% of the 36 million jobs in industry created since 2005. Census data show that more than one third of women would take jobs if they were available. Urbanization and the shift to cities means less work in farming, mechanization of farming makes for less agricultural work. Changes in attitudes and better policies for maternity leave and women friendly workplace could help. Because most of the jobs are still in the informal economy, this is not as effective today but could make a difference in the future as more formal jobs are generated. Attitudes where men do more housework can make a difference. If men spent about 2 hours doing dishes and putting kids to bed, there would be a 10% increase in women's participation rate in the workforce, according to a World Bank study. One study shows this would add 550 billion dollars to India's economy. True especially as more women are getting university degrees and high school education. and the census study shows women have the desire to work if cultural attitudes, more men doing housework, and the job market were to change.       ...
The Times of India Original article ›
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Shorter term gaps in Indian air force defenses along the border are discussed with Air Chief Marshal Chaudhari in the Times of India, including the number of aircraft at the border areas.

The Times of India Original article ›
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After a sudden surge in the beginning of May the coronavirus wave in India, its second wave, is decreasing. It is 186,000 new coronavirus cases on May 27, down from over 350,000 at the peak. In India's largest state Uttar Pradesh with a population of 210 million the coronavirus cases have dropped sharply to 4000 a day. New coronavirus cases in Delhi and Bombay are around 1000 a day. The Indian government has moved quickly to tackle this wave with decisive action to meet the sudden surge in May 2021. For the rest of 2021 and into 2022 the most important action by the Indian government has been to create a government sponsored effort of India's entire pharmaceutical company sector to reunite in production of over 2 billion vaccine doses by December 2021. After independence in 1947 one of the steps taken by India with great foresight was to create a strong pharmaceutical sector with fair and transparent pricing of basic drugs and vaccines. Something that does not exist in this manner and scale anywhere else in the world. Today this is giving India a tremendous asset in the fight against coronavirus. India is already the largest producer of vaccines in the world, the new effort will make give it a decisive advantage in meeting not only India's but the world's need for new vaccines. ...
CNN Original article ›
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India's prime minister Narendra Modi addresses a joint session of the U.S. Congress on June 8, 2016. The close ties between India and the U.S. were enhanced by the good personal relationship between U.S. president Obama and Modi. With a change in administration in 2017 both sides are eager to secure the foundations of the relationship, with India's agreement to the Climate Change Agreement, and other steps.

The Indian Express Original article ›
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C. Raja Mohan says in The Indian Express that India needs to look at the big picture of modernization in a new world for world trade in which the US is reindustrializing, Europe is reindustrializing, and India is on the road to modernization by 2040 over the next 15 years. All three processes are happening at the same time. 

The old order of world trade destroyed the industrial base of the US and Europe, it also neglected India's modernization, happening with the unwitting cooperation and connivance of the business interests of the US and Europe. It will do little for India. India must also change it's industrial structure and modernization effort to fit into this new world and bring it's strengths to build a new world in which the US, EU and India modernize their economies, manufacturing base, and infrastructure in a win-win for all sides.

The Times of India Original article ›
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Indian foreiign minister S Jaishankar meets with his counterpart Wang Yi in Dushnabe, Uzbekistan, to restore peace in border region of Ladakh after the violent clash in 2020. Jaishankar tells China not to view ties with India through "the lens of a third country." China agrees. Jaishankar was actively involved in setting up cultural and other Sino-Indian contacts in Chinese cities when he was Indian ambassador to China. Jaishankar also tells China that India China relations set the tone for peace in Asia. China says it agrees with this idea. India's strong response to China's border infrastructure building and its moving forces close to the border line of control, has led to China reconsidering its policy following deteriorating relations with Australia, US and UK. China now sees that it has little to gain with worsening India relations and border issues or clashes, when the US and UK, Australia, are moving forces into the Indo-Pacific region and in the seas around Taiwan. ...
The Guardian Original article ›
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Us promises of aid to India during the current coronavirus outbreak. Anthony Blinken, US Secretary of State said - "Our hearts go out to the Indian people in the midst of the Covid outbreak. We are working closely with our partners in the Indian government, and we will deploy additional support to the people of India and India's health care heroes."

The Wall Street Journal Original article ›
BBC News Original article ›
The Times of India Original article ›
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US vice president Kamala Harris's grandfather was in the Indian Civil Service and was sent to Zambia as an adviser to president Kenneth Kaunda to help with settlement of refugees fleeing Southern Rhodesia during apartheid. She revisits Lusaka and the place where she lived.

The Hindu Original article ›
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Rare pictures of Queen Elizabeth with Indian leaders Rajagopalachari, Rajendra Prasad, Jawaharlal Nehru and Indira Gandhi in the Hindu.

The Hindu Original article ›
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Chancellor Scholz of Germany holds talks with PM Narendra Modi on growing ties between Germany and India in trade, clean energy and new technologies. Scholz is on a two day trip to New Delhi and Bengaluru. The trip takes place in the backdrop of G-20 talks in India.

Reuters Original article ›
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Indian financial and project assistance to Sri Lanka is making a huge difference for Sri Lanka. With a relationship that goes back to the time when the first Buddhist missionaries arrived on the island India has a long relationship with Sri Lanka. In addition to financial help India is planning major long term projects in renewable energy, port infrastructure and energy pipelines from southern India. Reuters looks at these projects in this report.

The Indian Express Original article ›
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USAID Administrator Samantha Powers talk at the IIT- Delhi is covered in detail in the Indian Express. Powers says India's aid to Sri Lanka with $3.5 billion in credit lines during the pandemic is an example of the kind of help the US and India have made to assist poor countries. She sees ever broader and deeper cooperation between the US and India to help African, Asian and Latin American nations build a better future.

The Wall Street Journal Original article ›
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German economic growth drops in 2026 to below 1%. What is happening?Germany manufacturing jobs drop to 6.6 million lowest in 10 years in 2026 as China makes same products for less and better. China is shipping more of its products to the German market and displacing German products in world markets. The same problems affecting the US in loss of manufacturing jobs is affecting Germany. This is happening as China uses long range plans coordinated with industry and state owned companies to deliver superior results in world markets to American and German companies competing on their own without coordination with the government in a long range plan and effort. The American and German companies face greater uncertainty in markets and are slow to invest in critical areas and technologies as a result leaving them exposed to Chinese competition. China has used the Japanese style subsidizing its industries and has another advantage in doing this in that many are state owned companies or heavily subsidized and supported by the state. After 1990 the fall of the Soviet system led to a sense that free markets in their purest form were better. This was not really true as the soviet system of state planning failed because it did not use the best features of the market economy that work. Japan adapted the market system to its needs and used state partnership with private industry to produce good results. The US did not learn from Japan's example. China learned from both the failure of soviet style planning and the success of the Japanese system to adapt its state plannning system by including aspects of the market economy. The US and Germany can only learn from these examples and adapt US market economy by including aspects of what worked for China and Japan of state plannning and long range plans of industry and government. Look back to how FDR won the war- within 5 years 1940-1945 he combined the best aspects of the planning and coordination of government and industry to achieve goals not thought possible. Britain did the same which shows such planning and coordination is not only a part of the US system of business and industry, it is just that these lessons and the lessons of other nations like Japan and China after 1950 were forgotten. India is now adapting its system for business and industry, and government for five year plans borrowing and learning from the examples of the US, Japan, China and the EU. ...
The Wall Street Journal Original article ›
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Iran's Assembly of Experts (clerics) acting as an arbiter as a power struggle takes place between elected president Pezeshkian and the Revolutionary Guard Corps (IRGC). The Assembly of Experts made up of clerics and the Ayatollah as its head shift support to one faction then to the other. This is who US is talking to and negotiating with. To negotiate with Pezeshkian even when agreement is reached the next day IRGC can come out and take action to control Hormuz by knocking out ships. A Qatari ship carrying 2 million barrrels in Hormuz was hit by IRGC when Pezeshkian signaled he had reached an agreement with the US that would release $6 of $12 billion in Iranian funds in Qatar. IRGC plan is to control Hormuz, charge tolls, and raise $40 billion a year through tolls. IRGC believes it can disrupt the narrow 15 mile channel on the Omani side in violation of international law of navigation that the US wants to keep open. For the US the question is - Can you even negotiate with the entity that is Pezeshkian and the elected government when it is in a power struggle with IRGC? Can you negotiate in the context of the burial as martyr of Iran's current religious leader Ali Khamenei? And even if you negotiate, IRGC responds to close Hormuz, US restarts bombing, where does this get the US when Hormuz remains closed. The US has we show here has only one option not stated in the Media. That is to bypass and ignore Hormuz and get alternative supplies of oil and keep naval blockade at low cost. For the US and the world to generate alternative supplies to Hormuz the US works with China, India, Japan, Indonesia and European Union, Arab states, to take the following action. Get 5-6 million of the 20 billion of Hormuz barrels as day using existing and new Saudi and UAE pipelines outside of Hormuz channel, accelerating renewable energy and EV's hybrids, China doing without the 4 million barrels a day from Hormuz by cutting its oil use through energy efficiency, alternative sources of oil from Venezuela ramp up and new oil production in the US and other places in the world, using reserves and rebuilding reserve supplies, better management of the 80-90 million barrels a day of the 108 million barrels a day the world used in 2025. All of these action are taking place in the transition to a world without Hormuz for the last 60 days. ...
BBC News Original article ›
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The title of this BBC report is a misnomer as the content of the report is that India and the US are actively negotiating a Trade Agreement after some disagreements on Indian oil purchases from Russia bumped up from 2% before 2019 to about one third to 40% of its imports by 2024. This is being rapidly reversed and some estimates by consultants CLSA show India only made $2-3 billion from Russian discounted oil sales, a miniscule amount. On American interest in agricultural exports India can take in some products other than grain which it sees as important to feed 1 billion people and food security.  DJT says the "special relationship" between India and the US is important, and says "there's nothing to worry about. We just have moments on occasion". India has much bigger stakes in trade with the US. In fact it's growth into the third largest economy in the world means doubling or tripling its trade with the US and the European Union in the next few years. This would narrow the difference in GDP and per capita between India and China, as India and China started at the same GDP and per capita in 1950. Only in 1990 with China's trade with the US has the Chinese GDP and per capita income increased to create the huge gap with India. ...
The New York Times Original article ›
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Bhutan is a small mountain kingdom in north eastern India, bordering Tibet. Historically close ties with Tibet continued after China's takeover of Tibet following the coming to power of China's Communist Party in 1949. This led to a friendship treaty with India in 1949. A narrow piece of terrritory with 34 square kilometres is part of the dispute between China and India. India opposed the move to build Chinese roads in the area leading to a standoff that is now over 50 days. This territory is significant because it connects India's central plains to the northeastern states. Bhutan opposes the Chinese road work but tries to maintain friendly relations with China. The close relationship between India and Bhutan is part of the situation that emerged after China's takeover of Tibet. The Royal Bhutan Army's salaries are paid by India, road construction is done by India, and subsidies for food and kerosene were provided by India. A parliamentary democracy with a monarch was established in Bhutan under king Jigme Wangchuk, and elections were held in 2008, 2013. This has led to more openness towards China, leading to concern in India.  Bhutan is a popular destination for Chinese tourists who pay $250 for a visa. Indians do not need a visa. ...
The Times of India Original article ›
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Surjit Bhalla, executive director for India at the IMF, looks at different trajectories of growth in India to 2030 and 2047. He looks at growth for per capital incomes that India can achieve over the next 2 decades to meet the aspirations of a young population of over 1 billion. With next generation technologies and acceleration in growth after certain parameters are met including logistics capabilities, manufacturing in advanced technologies, infrastructure improvements, rule of law in some states, federal and state governments working together, much of the work to achieve per capita incomes similar to Japan and South Korea can be achieved in the next decade by 2035.

WSJ Original article ›
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S&P forecast is for India's economy to be the third largest by 2030 at 6.3% annual growth. Positive consumer sentiment, domestic demand and increasing state investment are increasing growth to 7.8% and 7.6% in the second and third quarter 2023. A stable government that is focused on economic growth and capital investment projects increases the economic prospects of the Indian economy into 2024. Most of the northern and northwestern, and middle Indian states have investment coming from a coordinated push by state and federal government run economic sectors. Underlying this effort is building of infrastructure, shipping, transport and logistics, that will support growth of key industries to 2030, when the Indian economy is expected to be the third largest in the world. 

The Financial Times Original article ›
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As the FT notes in a separate story the problem is that there are too few businessmen with the capacity for execution, managing debt capital effectively, and vision for areas in which there is huge unfulfilled demand in India such as electricity (thermal power plants) and renewables  (solar), logistics (ports modernization). To achieve the 450 GW goal for India in renewables Modi still needs execution and speed, to bring electricity to every home thermal power based on coal. The speed with which this Indian company managed the shift is also rare. Another company accomplished similar goals in connecting India in 4G- Jio.  This FT report looks at how this Indian company was able to navigate the seas and rocky shores as it built up debt of $30 billion. During the pandemic this venture spirit continues with the help of companies such as Total of France which acquired a 20% stake in Adani renewables. With such investments the French have a stake in renewables, defense an other areas of the Indian economy, as India pursues global finance to fund its development, a commitment to India's resilient development renewed by Mr. Macron of France this week and to be renewed by Mr. Biden in his meeting with the Quad 4 countries on September 25. ...
BBC News Original article ›
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Indian Railways is going through a huge modernization program making travel at high speeds possible between major cities and making remote locations accessible. This BBC report looks at the travel that was done in the older version of Indian Railways in crowded rail compartments and different conditions. Rail travel to Baramulla in Kashmir and Rameswaram in Tamilnadu state are shown at different ends of India. This is changing rapidly as more modern trains which cover long distances in a few hours are taking the place of older trains. Modern rail stations are replacing old ones with levels of convenience and technology matching that in Europe.

https://www.hindustantimes.com/ Original article ›
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India and China find a common ground to work together to maintain access to cheaper Iranian oil supplies in the face of threats from the Trump administration of sanctions on countries importing Iranian oil.

WSJ Original article ›
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Vodafone announces a merger with Idea Cellular Ltd to become India's largest telecom carrier in March 2017. Vodafone has spent heavily in acquiring companies after selling its stake in Verizon Wireless in 2014. It faces tough competition in the price sensitive Indian market with some plans going for as little as $3 a month, and the offer of 6 month services for free by Mr. Ambani's carrier. In Nov. 2015 Vodafone took a 5 billion euro writeoff for its Indian operations.


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