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India-China rapprochement: A season of wishful thinking?

Mint Bangalore

|

September 05, 2025

The record doesn't show Beijing as a reliable partner for New Delhi

- Mihir Sharma

When pictures emerged from the Shanghai Cooperation Organisation (SCO) summit in Tianjin of Prime Minister Narendra Modi holding hands with China's Xi Jinping and Russia's Vladimir Putin, there was no question that this was a deliberate choice—a statement that India will give the authoritarians to its north yet another chance to show that they are worthy of trust.

This is a massive policy shift in a relatively short time. Just five years ago, Chinese and Indian soldiers were fighting each other on the frozen heights of the Himalayan border they dispute. They stayed eyeball-to-eyeball while New Delhi slowly cut connections with Beijing—banning Chinese investment, throwing out TikTok and cultivating an independent constituency in the Global South. Indian diplomacy presented the country as looking outward to the 'Indo-Pacific,' a vast maritime area defined to include the US, rather than to a 'Eurasia' dominated by continental powers like Russia and China.

If Modi now wants to reach out a hand to the leaders of Eurasia, one might assume it is entirely because India has been insulted and rejected by the US—laden with higher tariffs than almost all its peers and continually needled by President Donald Trump's advisors and officials.

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India mulls food equipment QCO as China imports soar

China accounts for 41% of India's $843 million worth food-processing equipment imports

time to read

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December 01, 2025

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No, our election booth level officers aren't dying of stress

A dangerous thing the Indian news media does is attribute reasons for suicide.

time to read

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Let's be a bit more selective in using the word 'reforms'

Everybody should take a beat and think before uttering the word ‘reforms’ the next time. Glib usage, frequently in the wrong context, threatens to rob the word of its import.

time to read

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Smart GDP growth casts shadow over December rate cut

The Reserve Bank of India’s (RBI's) Monetary Policy Committee (MPC) is widely expected to keep the policy rate unchanged on 5 December, even as a sizable minority of economists argues that the space created by softening inflation and moderating nominal growth warrants another rate cut.

time to read

1 min

December 01, 2025

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BEHIND THE GLOSSY REPORT: THE MAKE BELIEVE ESG WORLD

Recently, the Sebi chairperson made a distinction that should make every company board squirm, Speaking at the “Gatekeepers of Governance’ summit, Tuhin Kanta Pandey separated “compliance” from “governance” in a way that was both elegant and damning.

time to read

2 mins

December 01, 2025

Mint Bangalore

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Selling home to repay loan? Know the tax hit

I had availed an education loan against my residential property. If I now happen to sell the property and use the proceeds to clear the loan, what will be the tax implications I should be mindful about before going ahead with the transaction? The outstanding loan amount is ₹1.5 crore and the likely sale price of the property is also around ₹1.5 crore. I had purchased said the property in 2003 for ₹20 lakh.

time to read

2 mins

December 01, 2025

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EC extends electoral roll revision by a week to II Dec; final list on 14 Feb

The Election Commission on Sunday extended by one week the entire schedule of the ongoing special intensive revision (SIR) of electoral rolls in nine states and three Union territories amid allegations by opposition parties that the “tight timelines” were creating problems for people and ground-level poll officials.

time to read

2 mins

December 01, 2025

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GDP growth of 8% plus: How to sustain this pace

Last quarter's economic expansion has cheered India but the challenge is to sustain a brisk rate for years to come. For private investment to chip in, revive infrastructure partnerships

time to read

2 mins

December 01, 2025

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