It would be an error to see in US envoy Richard Holbrooke’s uncharacteristic near-apology a vindication of India’s rising power. It is, though, indicative of the rise of a new & weakening America.
Maha ARC was set up to restructure distressed institutions linked to state government, but officials said the company would have been most useful for reconstructing and selling off sick cooperatives.
At defence conclave, Air Chief Marshal A.P. Singh says conflict needs all kinds of weapons, not just the long-range ones, as a paracetamol cannot cure all ailments.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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