Letters to the Editor dated July 14, 2026 - The HinduBusinessLineUpdated - July 14, 2026 at 09:33 PM.Fruitful visitThis refers to the Editorial ‘Beyond commerce’ (July 14). Including gains from New Zealand (shift to broader Strategic Partnership, maritime/defence cooperation and opening new channels for talent, education and investment) the composite gains for India from the Prime Minister’s visit to Indo-Pacific triangle of NZ, Australia and Indonesia are: shift from trade to trade plus security; diplomatic partners across the Indo-Pacific arc; access to critical resources; offsetting China without confrontation and one more step towards global south leadership.Many of the decisions are intentions or directional. Much will depend on how earnestly the four nations act on them.YG ChoukseyPuneStrategic balancingApropos ‘Beyond commerce’ (July 14), India’s recent Pacific tour signals a quiet but decisive shift from talking about “Look East” to actually acting on it, with Indonesia’s support for Sabang Port development and missile deals, Australia’s uranium supply, and a growing network of defence partnerships that together extend India’s maritime presence right into China’s neighbourhood.What makes this significant is not confrontation but presence; India is not joining military alliances or declaring itself anti-China, but it is steadily building relationships that protect its interests and preserve a rules-based order in the Indo-Pacific.China will read these moves as balancing, and India should not pretend otherwise, but the real challenge now is sustaining this momentum with consistent engagement, budgets, and follow-through, because partnerships announced in communiqués must survive the test of bureaucratic inertia and shifting political priorities.K Chidanand KumarBengaluruAttract FDIFinance Minister Nirmala Sitharaman has exhorted public sector banks to step up their outreach to Non-resident Indians (NRIs) to sustain the momentum in foreign currency inflows (July 14 ).The government must also attract more FDI. Foreign portfolio investments can increase the nation’s foreign exchange earnings, but not jobs.Given the challenges posed by AI, India needs FDI to tap its labour potential.S RamakrishnasayeeChennaiHDFC sagaThis refers to the article ‘An inexplicable resignation and collateral damage’ (July 14). The resignation of Atanu Chakraborty, former Non-Executive Chairman and Independent Director of HDFC Bank, has raised serious concerns. Reports suggesting that independent legal reviews did not substantiate the allegations make the episode difficult to reconcile. Irrespective of the merits, the controversy has reportedly caused significant reputational damage to HDFC Bank and a sharp erosion in its market capitalisation, resulting in substantial losses for investors. If internal disagreements among senior executives contributed to this outcome, it is a matter of concern.To restore investor confidence, Chakraborty should clarify his position. If there is evidence of violation of securities laws or disclosure norms, SEBI should examine the matter and take action. A transparent resolution would strengthen confidence in corporate governance and protect investors’ interests.Srinivasan VelamurArizona (USA)Published on July 14, 2026Sign into Unlock benefits!Access 10 free stories per monthAccess to comment on every storySign up/Manage to our newslettersGet notified by email for early preview to new features, discounts & offers${ ind + 1 } ${ device }Last active - ${ la }