Is light affected by space warping or time warping? Gravity, according to the General Theory of Relativity, is simply the curvature of space-time. Objects in the universe move through space-time in geodesic paths. Also, the most interesting part is that it is impossible to curve/ warp space without having an effect on time. They are intricately connected. Space warps can be notably seen near black-holes (gravitational lensing) and time dilations are so significant that even GPS systems on Earth have to adjust for it. 
But my main concern is the difference in the way objects and light behave when subjected to curved space-time. Projectiles follow parabolic paths in uniform gravitational fields. This can be shown using Newton's law of gravitation, but time dilation can also be used to prove this. But doesn't curved space also be needed to account for? Why is time dilation the only significant factor here?
And what about light? I know that light bends when subject to curved space-time, but which part of space-time curvature is more responsible for this phenomenon? 
I guess that since light travels at the max limit, time is effectively not running for light from our frame of reference, so light shouldn't be affected by time dilations. Does this mean that light is only affected by space curvature?
Any help to rid me of these confusions is greatly appreciated :)
 A: Newton limit is approximation of GR in weak fields and SMALL velocities. 
Small velocities means, that whole 4-velocity of a particle is basically in time component. So you can imagine, that if spacetime is curved same in all directions, than the time component is most significant simply because the particle almost doesn't move in space at all.
To be more precise:
The spacetime around spherically symmetrical field is given by Schwarzschild metric (in natural units):
$$
ds^2=-\left(1-\frac{r_s}{r}\right)dt^2+\left(1-\frac{r_s}{r}\right)^{-1}dr^2+r^2d\Omega\approx ds^2_{flat}+\frac{r_s}{r}(dt^2+dr^2)
$$
where $r_s$ is Schwarzschild radius and $ds^2_{flat}$ is Minkowski part (flat spacetime part) of the metric. 
As you clearly see, the perturbation of flat spacetime metric has same magnitude in time component as in space component in natural units.
But now, let us compute geodesics. The geodesics equation is given by:
$$
a^\mu=-\Gamma^\mu_{\alpha\beta}v^{\alpha} v^{\beta}
$$
where $a^\mu$ is 4-acceleration of a particles, $v^\mu$ its 4-velocity and $\Gamma^\mu_{\alpha\beta}$ is Christoffel symbol. Now, the relevant Christoffel symbols for radial motion are $\Gamma^t_{\alpha\beta}$ and $\Gamma^r_{\alpha\beta}$ of which nonzero are only:
$$
\Gamma^t_{tr}=\Gamma^t_{rt}\approx -g_{tt,r}/2
$$
$$
\Gamma^r_{rr}\approx g_{rr,r}/2
$$
$$
\Gamma^r_{tt}\approx -g_{tt,r}/2
$$
and all of them are of same order since perturbations of metric components $g_{tt}$ and $g_{rr}$ are of same order (in fact $g_{tt,r}=g_{rr,r}$). So the geodesic equation for radial motion in weak field of spherically symmetric source is:
$$
a^t=-\Gamma^t_{\alpha\beta}v^{\alpha} v^{\beta}\approx g_{tt,r}v^{t} v^{r}
$$
$$
a^r=-\Gamma^r_{\alpha\beta}v^{\alpha} v^{\beta}\approx g_{tt,r}v^{t} v^{t}/2-g_{rr,r}v^{r} v^{r}/2=g_{tt,r}/2
$$
Where I have used $g_{tt,r}=g_{rr,r}$ from the metric and $v^{t}v^{t}-v^{r}v^{r}=1$ from normalization.
Having 4-acceleration we can get radial 3-acceleration component ($a^r_3$) using:
$$a^r=a^t v^r/\gamma+\gamma^2 a^r_3$$
where $\gamma$ is Lorentz factor.
Now this doesn't lead to Newtonian gravitation law without assumption, that velocities are small. With this assumption $\gamma\approx 1$, $v^t\approx-1$, $v^r\ll 1$ and $v^\mu\approx (-1,\vec{v})$ and the equation simplifies further:
$$a^r\approx a^t v^r+a^r_3 => a^r_3 \approx a^r - a^t v^r$$
Substituting from geodesic equation:
$$
a^r_3\approx g_{tt,r}/2 - g_{tt,r}v^{t} (v^{r})^2=g_{tt,r}/2+o((v^{r})^2)\approx r_s/(2r^2)=-GM/r^2
$$
with $M$ being mass of the source, as Newton gravitation says. So the approximation is not that space-components of curvature can be neglected, it is in the fact that space-components of 4-velocity can be neglected. 
A: Light is affected by both effects of gravity, you can count for time dilation and curvature too, this is the Shapiro effect.
When light passes next to the Sun, its speed measured from Earth will be less then c because:


*

*it moves in curved spacetime

*clocks near the Sun tick slower (compared to clocks on Earth)
Please see here:
https://en.wikipedia.org/wiki/Shapiro_time_delay
