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.
While accusing Beijing of bullying its neighbours, US Secretary of State Mike Pompe said on Wednesday that Washington hopes there would be a peaceful settlement of the escalating tensions along the Line of Actual Control (LAC) between India and China
Military talks between India and China on Wednesday remained inconclusive over the Chinese People's Liberation Army (PLA) troops' fresh incursion attempts into India territory
In yet another strike on Chinese apps, the Indian government on Wednesday banned 118 apps, including the immensely popular Player Unknown's Battlegrounds (PUBG) Mobile, Baidu and several VPNs that allowed access to TikTok that was earlier banned
More and more nations around the world are waking up to the threats to global democracy posed by the People Republic of China, the Central Tibetan Administration (CTA) said on Wednesday
For the first time since the India-China skirmishes began at Ladakh earlier this year, the Indian Army is dominating strategic locations on the south bank of Pangong Lake, even as China enhanced deployment of troops close to the Thakung base in Indian territory and tried to change the status quo
The US administration newly banned 24 Chinese companies from buying American products with an accusation of them constructing on Chinese islands and helping “militarizing” the South China Sea
Indian and Chinese militaries began the third round of talks at Chushul on Tuesday to resolve the fresh skirmishes at Pangong Lake in Eastern Ladakh
Central Tibetan Administration (CTA) President Lobsang Sangay, who heads the Tibetan government in exile, on Tuesday paid tributes to former Indian President Pranab Mukherjee by remembering his meeting with the exiled spiritual leader the Dalai Lama in 2016 despite an opposition by China
India's top security and defence authorities are meeting to discuss the fresh Chinese incursions in Indian territory at Pangong Tso in eastern Ladakh
India's eastern neighbour Myanmar has begun to re-look at a number of projects under the China Myanmar Economic Corridor (CMEC), which at $100 billion is much bigger than the Chinese investment in Pakistan at $64 billion
Military talks between India and China at Chushul to resolve the fresh skirmish at the Line of Actual Control (LAC) in eastern Ladakh ended late on Monday evening, government sources said
An Indian Special Frontier Force officer was killed and another personnel of the force seriously injured in a landmine blast, while they were on a reconnaissance mission at the Line of Actual Control with China in the Ladakh Himalayas, sources said
India has thwarted China's provocative military movements to change the status quo at the Pangong Tso in Eastern Ladakh
Pakistan has purchased from China real-time satellite data, comprising high definition video, optical and hyperspectral imagery, that also can provide it the precise position of Indian Army camps across the Line of Control in Jammu and Kashmir
The United States has placed several subsidiaries of China Communications Construction Company (CCCC), the ultimate parent of China Harbhour Engineering which building an artificial city extending Sri Lanka’s capital Colombo, on an export blacklist
