Counting the Cost

Has Modi’s projection of economic power been undone by pandemic?

Despite vaccine diplomacy and hopes it would rise to become a bulwark to China, India mishandled the crisis at home.

The fastest-growing economy has been gearing up to overtake its former colonial power, Britain, to rank as the world’s fifth-biggest.

It was a huge matter of pride for India. But a deadly second coronavirus wave has revealed cracks in India’s growth story.

Capital Economics’ India economist Shilan Shah tells us what is next for the economy.

And as Asia’s second-largest oil importer, is India using its economic clout to diversify its oil supply? Richard Mallinson, cross-energy analyst at Energy Aspects, gives us his insights.

Plus, Rainforest Action Network’s Tom Picken on why China’s loans are putting forests at risk.