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Economy and Business
Bilateral airline seat quotas have their origin in the Chicago Convention of 1944, held towards the end of World War II. With leading nations trying to rebuild their economies, protectionist policies were incorporated, under which no scheduled international air service could be operated over or in the territory of a contracting state without its permission. 

The promulgation of a new constitution in Nepal in the near future is subsequently expected to accelerate the agenda of economic development.

Economists and developers working in Nepal, whether foreigners or nationals, often underestimate the role of non-market forms of distribution based on religion, kinship or traditional forms of power and prestige. In fact, a huge volume of services, products and money are dispersed, exchanged or spent at the grassroots (dana, koseli, samarpan, uphar, etc) during ceremonies, rituals and through other non-utilitarian channels.   

THE realisation that Bangladesh has to come out of its gas-based mono-energy status probably came too late, and there has been too little preparation for that. As late as 2009-10, the share of gas for electricity generation, for example, was 89% while the share of oil and coal was 5% and 3.5% respectively.


The recent meeting of the Commerce Minister of Pakistan with his Indian counterpart on the margin of the 5th SAARC (South Asian Association for Regional Cooperation) Business Leaders Conclave in New Delhi decided that Non-Discriminatory Market Access (NDMA) and normal trade relations between India and Pakistan would be implemented by the end of February 2014. 


Bangladesh's account balance recorded a surplus of nearly $1.5 billion in July-November period of the fiscal year 2013-14 ending June, a central bank official said Thursday, Jan 23.


Now that foreign troops are leaving the country and rumors of the return of Taliban and other militant groups is on sharp rise, things are returning to normalization. With this, it is hoped that soon a day will come when the artificial boom in Afghanistan will come to an end and everything will settle normally.

It seems an irreconcilable fact that a country with 16 per cent of world’s population should barely have 2 per cent share in world trade. However, joining the WTO was a compulsion for India because it could not afford to remain aloof from the other 125 countries with whom it was trading.

Bangladesh's overall remittance reached nearly $7 billion during the first half of the current fiscal (July 2013-June 2014), a central bank official said Monday, Jan 13.

Economy of Bangladesh faces a great challenge due to climate change. Agriculture is the main economic power of Bangladesh. While more than 60% of people depend on agriculture, a huge number of people’s livelihood is at great risk due to climate change, which greatly affects the entire economy. Every year, natural calamity causes a great economic loss to the country. It hampers developmental activities.

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India is not participating in the conference on negotiations for a total ban on nuclear weapons. India was expected later this week to issue a comprehensive statement at the United Nations laying out its stance on the meeting that is officially called the Conference to Negotiate a Legally Binding Instrument to Prohibit Nuclear Weapons,
Taiwan's new programme of building indigenous submarines came after it was unable to procure any submarines from the US and Europe. However, even this programme would largely depend on outside help, writes Namrata Hasija for South Asia Monitor.
 India should not hesitate in using both overt and covert means to bring its policies to successful fruition. Indian policy makers must be guided by the dictum that there is no permanent friend or enemy but only permanent interests, writes Adarsh Singh for South Asia Monitor.
Society for Policy Studies in association with India Habitat Centre invites you to a lecture in the Changing Asia Series by by Prof. K. Srinath Reddy, President, Public Health Foundation of India on Health And Development: India Must Bridge The Disconnect Chair: C Uday Bhaskar, Director, Soci...
spotlight image 'Covert military actions or surgical strikes against terror launch pads in Pakistan have limited utility that won't change the mind of the Pakistan Army or the ISI  which sponsor cross-border terrorism
In Dutch politics, alliances are imperative to construct an administration. The post-election government formation is, therefore, a slightly time-consuming process. In due course, a coalition led by the incumbent Prime Minister, Mark Rutte, will surface.  
Japan is a special country in several ways. For centuries, it remained isolated and disconnected with the outside world. But once it opened itself up to the West with the Convention of Kanagawa in 1854 by the use of force by Commodore Matthew Calbraith Perry of the United States Navy, Japan has never looked back. Japan is a spe
Recently, under the leadership of Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud, and earlier under the late Custodian of the Two Holy Mosques, King Abdallah bin Abdul-Aziz Al-Saud, Saudi Arabia has rolled out a series of women-friendly initiatives.  Recently, under the leadership of Custodian of the
The Islamist terror strike on Parliament building in London was the way this global menace that calls itself the Islamic State (IS), kicked the US-led West-Gulf states combine’s fight to eradicate the self-styled Caliphate. The Islamist terror strike on Parliament building in London was the way this global menace that cal

India remians the inflexible bête-noir for Pakistan, yet there are few books by Indian authors that have sought to interpret the prodigal neighbour in a holistic, informed and empathetic manner.


The line that Mortimer Durand drew across a small map in 1893 has bled the Pashtun heart ever since. More than a century later both sides of that line remain restless. But the mystery behind what actually happened on 12 November 1893 has never ...


What went wrong for the West in Afghanistan? Why couldn't a global coalition led by the world's preeminent military and economic power defeat "a bunch of farmers in plastic sandals on dirt bikes" in a conflict that outlasted b...


What will be Pakistan's fate? Acts of commission or omission by itself, in/by neighbours, and superpowers far and near have led the nuclear-armed country at a strategic Asian crossroads to emerge as a serious regional and global concern whi...


Some South African generals, allied with the British forces, sought segregation from the enlisted men, all blacks, after being taken prisoners of war. The surprised German commander told them firmly that they would have to share the same quarte...

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