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Detailed stories on technology startups, business and economic current affairs.
India is right not to endure the West’s hectoring. But given Delhi’s influence and leverage with the Kremlin, it can do much more than send aid to Ukraine.

Editor's note: India’s response to the Russian invasion of Ukraine has become a source of frustration and anger for Western leaders. Since the collapse of the Soviet Union, India has emerged as a close partner of the US. In recent years, it has been courted by Washington as a democratic counterweight to China. And yet, since the outbreak of war in Ukraine, it has refused to condemn Moscow’s aggression. Along with China and Pakistan, India’s bitter rivals, Delhi has repeatedly abstained from voting on UN resolutions deploring Russia. Those who have championed India as a “global power” in the West are dismayed and say that India is not ready to step up to that role. Last month, the US state department went so far as to issue a memo accusing India of belonging in “Russia’s camp”. The memo was quickly recalled, but it hinted at a truth. When Liz Truss, Britain’s foreign secretary, arrived in India recently to press the Narendra Modi government to side with the West against Russia, she had to compete for attention against her bête noire, Russia’s foreign …
India is right not to endure the West’s hectoring. But given Delhi’s influence and leverage with the Kremlin, it can do much more than send aid to Ukraine.

Editor's note: India’s response to the Russian invasion of Ukraine has become a source of frustration and anger for Western leaders. Since the collapse of the Soviet Union, India has emerged as a close partner of the US. In recent years, it has been courted by Washington as a democratic counterweight to China. And yet, since the outbreak of war in Ukraine, it has refused to condemn Moscow’s aggression. Along with China and Pakistan, India’s bitter rivals, Delhi has repeatedly abstained from voting on UN resolutions deploring Russia. Those who have championed India as a “global power” in the West are dismayed and say that India is not ready to step up to that role. Last month, the US state department went so far as to issue a memo accusing India of belonging in “Russia’s camp”. The memo was quickly recalled, but it hinted at a truth. When Liz Truss, Britain’s foreign secretary, arrived in India recently to press the Narendra Modi government to side with the West against Russia, she had to compete for attention against her bête noire, Russia’s foreign …
Influence cannot be manufactured through diaspora networks, carefully branded events or political donations. It requires honesty and credibility.
Former WeWork chief is betting on the Mideast markets, fresh attacks have the Gulf on edge again, and other updates from this week.
ADNOC’s strong numbers underline a strategy built on higher output, shipping gains and new routes that sidestep the risky Strait of Hormuz.
Influence cannot be manufactured through diaspora networks, carefully branded events or political donations. It requires honesty and credibility.
Former WeWork chief is betting on the Mideast markets, fresh attacks have the Gulf on edge again, and other updates from this week.
ADNOC’s strong numbers underline a strategy built on higher output, shipping gains and new routes that sidestep the risky Strait of Hormuz.