Pakistan is emerging as the new nation which is struggling to repay Chinese loans extended under the Belt and Road Initiative, media reports said
One of the most striking features of South Asian trade is how little the region trades internally. Intra-regional trade within South Asia remains among the lowest in the world relative to geographic proximity. Political tensions — especially between India and Pakistan — have prevented the emergence of a deeply integrated regional production system comparable to ASEAN or the European Union. This is a major missed opportunity.
Scarcity of cooking fuel is pushing people, particularly across South Asia, toward hunger. Livelihoods have been lost among the large unorganised labour force while thousands of self-employed street vendors, smaller restaurants and eateries are being forced to close shop, facing a scary, insecure future. For middle class households across India, everyday snacks like the samosa or dosa have become scarce because of shortage and high prices of cooking gas cylinders.
India is one of the world’s largest suppliers of generic medicines and APIs to Europe. If the EU begins favouring “Made in EU” pharmaceutical production through procurement preferences, subsidies or state aid, Indian drug manufacturers could face reduced access to EU public procurement contracts and tougher supply-chain resilience requirements.
India’s pharma export market has been affected as India supplies medicines to more than 200 countries. Supply chain interruption not only hurts Indian producers but also creates medicine scarcity in the US, UK, and African markets that highly depend on Indian generics. From the logistics end, re-routing of cargo away from conflict-ridden corridors such as the Red Sea and Strait of Hormuz has increased freight insurance premiums, distressing Indian exporters who function on lean cost structures.
Pakistan is emerging as the new nation which is struggling to repay Chinese loans extended under the Belt and Road Initiative, media reports said
China has a habit of creeping forward, making very small incremental moves, to achieve its objectives, said Indian Army Chief General Manoj Mukund Naravane, adding that this strategy will not work with India
India has swiftly taken a giant step in countering Chinese influence in the Indian Ocean, with External Affairs Minister Jaishankar signing two defence pacts with Maldives and Mauritius - each with strong maritime dimensions
The India-China rivalry has now pushed into the Russian Far East, where the Modi administration is planning significant investments in the energy and other sectors
After military disengagement from eastern Ladakh, India and China are set to engage in a political dialogue led by National Security Adviser Ajit Doval and China's state council and foreign minister Wang Yi
China, in a video released on social media, showcased the bravery of an Indian Army officer during the Galwan Valley clashes in Eastern Ladakh
After a delay of whole three years to kick start its most ambitious rail line project, Pakistan appears to soften its terms for getting $6 billion loans from China
Indian and Chinese military delegates will meet on Saturday for the tenth round of talks to discuss disengagement at other friction places at the Line of Actual Control, sources said
For the first time, China on Friday honoured its four People's Liberation Army soldiers killed and one injured during clashes with Indian Army troops at Galwan Valley, Chinese state media said
China figured in the Quad ministerial meeting with the four foreign ministers concurring that Beijing’s “forceful attempts” to change situation on the seas in the region should be strongly opposed, according to the Japanese Foreign Ministry
The drug regulator in Nepal has granted emergency use approval to the Sinopharm COVID-19 vaccine developed by a Chinese state-owned pharmaceutical firm, reported The Kathmandu Post
The first phase of the Special Economic Zone (SEZ) of the Gwadar port in Pakistan will see investment by 43 Chinese companies, reported The Express Tribune
Within a month after a Chinese firm won the bids to develop three renewable power projects in three northern islands in Sri Lanka, just 50 km off the Tamil Nadu coast, India has reportedly offered Sri Lanka $12 million grant to develop the power projects
The Imran Khan government is struggling badly to keep Pakistan Railways on track after putting "all its eggs in the Chinese basket" and Beijing pulling the plug on financing various projects under the China Pakistan Economic Corridor (CPEC), the flagship project of its Belt and Road Initiative (BRI)
Indian Army teams armed with drones and cameras are monitoring evacuation and dismantlement of military infrastructure by Chinese troops at Pangong Lake in Eastern Ladakh