The purpose of privatisation, therefore, should not be to find a private buyer for every government-developed rocket. It should be to create an industry capable of designing, manufacturing, operating and eventually improving India's future launch vehicles.
The last thing India needs is a debate in which concerns over public intellectual property become an argument against private participation. The country is already playing catch-up with the major space powers. We cannot afford to let a legitimate debate over ownership and sharing of value become an impediment to the much-needed privatisation of the space sector.
A common BIMSTEC policy statement on digital sovereignty would give the region a clearer collective voice and a stronger negotiating footing with foreign companies. Additionally, BIMSTEC can be used to initiate a shift from U.S. cloud storage companies to regional alternatives such as TATA Communications (India) and NIPA Cloud (Thailand).
India is carving out a vital role in the global back-end chip infrastructure. Washington actively views India's rise in this sector as a strategic hedge, codifying tech cooperation through bilateral frameworks designed to shift critical supply lines away from East Asia.
Following a social media outcry in India, and calls for a boycott of Hyundai, which has a major presence in India's large consumer market, the South Korean government on Tuesday was forced to firefight and said it "regretted the offence caused to the people of India" after a Pakistan dealer of Seoul-headquartered automobile manufacturer Hyundai posted a social media message - now deleted - indicating support for separatists in Kashmir
Nepal may lose the 500 million grant from the Millennium Challenge Corporation (MCC), an independent US foreign-policy aid agency, if it fails to ratify the MCC-Nepal Compact in the Nepali Parliament by 28 February, the MCC Headquarters has warned in a letter to the Nepali government, which has been delaying the process now for over four years
The Asian Development Bank (ADB) disbursed loans worth a record $4.6 billion to India in 2021, including $1.8 billion towards coronavirus response
The Indian Finance Minister announced the introduction of ‘digital rupee’, using blockchain and other technologies in 2022-23 to give a big boost to the digital economy
The budget shows that the government’s commitment to the bottom 30-40 percent of the Indian population seems to be very limited
Amid the worsening economic crisis, Sri Lanka has written to the International Monetary Fund (IMF) seeking “technical support” in tackling the ongoing crisis, confirmed Finance Minister Basit Rajapaksa, after the government kept avoiding the IMF option for months amid domestic pressure
In what comes as a big relief to Pakistan’s struggling economy, the International Monetary Fund (IMF) has approved $1 billion for Pakistan after the latter implemented reform measures suggested by the former, thus reviving the $6 billion package, which was stalled since June last year
Afghanistan, Bhutan, Nepal, see cuts in their allocations in the financial year 2022-23, while Bangladesh, Maldives, and Myanmar receive higher funds in comparison to the last year.
Amid the growing fuel crisis exacerbated by a foreign exchange crisis, the Sri Lankan government has decided to purchase diesel from India’s state-owned Indian Oil Corporation Ltd (IOCL), and a proposal for the purchase has been cleared by the Cabinet on Tuesday
Sri Lanka has sought market access in Turkey for its goods when Turkish Foreign Minister Mevlüt Çavuşoğlu visited Sri Lanka for the promotion of the bilateral trade between the two countries
The advent of Iranian apples has resulted in a drop of over 50 percent in demand for Kashmiri apples, write Suhail Bhat and Sameer Mushtaq for South Asia Monitor
Nepal has become self-sufficient in cement production, with close to 55 plants having an annual production capacity of 15 million tonnes operating across the country
Nearly 70 years after the Indian government took over Air India from a reluctant Tatas, the flag carrier returned to its founder, the salt-to-software conglomerate Thursday
India's economy is projected to grow by 9 per cent in the next fiscal year, retaining its position as the fastest-growing major economy, the International Monetary Fund (IMF) reported on Tuesday citing its expectations of higher investments and consumption due to credit growth and better financial sector performance
The construction industry, the biggest contributor to the gross domestic product in Sri Lanka, is threatened by the shortage of cement, and now builders have urged authorities to resolve their issues
