West Bengal's Economic Transformation

West Bengal's Economic Transformation: A Blueprint for Growth

West Bengal has the resources, talent, culture, and strategic location necessary to become one of India’s most prosperous states. By combining efficient governance, investment-friendly policies, infrastructure development, education, innovation, trade expansion, tourism growth, environmental sustainability, and social inclusion, the state can achieve rapid economic transformation and substantially raise incomes, employment, and overall quality of life.

India’s Balance-of-Payments Challenge: Need for Structural Transformation in Uncertain Times

India possesses immense talent, entrepreneurial capacity, and a large domestic market, yet it still lacks sufficient depth in high-end manufacturing, research and development, semiconductor ecosystems, advanced engineering, and globally dominant product companies.

What Trade Patterns Reveal About South Asia’s Economic Future

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.

The West Asia Conflict: Challenging Times for Indian Economy

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.

More on Geoeconomics, Trade and Development

India’s revised FDI policy in right direction; no appeasement for China

Chinese President Xi Jinping must have been surprised when he heard the news that Government of India has issued orders that any Foreign Direct Investment (FDI) from countries bordering India, including China, would be closely scrutinized and specific permission is required for such investment to take place

Chartered flight to bring in essentials from China to Maldives

Maldives' State Trading Organization (STO) has chartered a flight of the country’s national airline, Maldivian, to carry essential supplies from China

China to continue offering support to Nepal's COVID-19 fight

Chinese President Xi Jinping said on Monday evening that the Chinese side has been following the epidemic situation in Nepal, and will continue to firmly support its combat against the COVID-19 outbreak

Nepal President Bhandari, Chinese President Xi hold telephone conversation

Nepalese President Bidya Devi Bhandari held a telephone conversation with her Chinese Counterpart President Xi Jinping

China donates another batch of medical equipment to Sri Lanka

China has donated over another stock of essential medical equipment and supplies worth over Rs. 211 million to Sri Lanka to control and prevent the spread of coronavirus in the country

China to build two quarantine facilities with a 1,100 person capacity in the Maldives

Two construction groups from China have initiated reconstruct and build two quarantine facilities in the Maldives

ICMR asks states to stop using antibody kits from two Chinese firms

The Indian Council of Medical Research (ICMR( on Monday directed states to stop using rapid antibody test kits procured from China-based Guangzhou Wondfo Biotech and Zhuhai Livzon Diagnostics after their results showed wide variations

Chinese investments in non-sensitive sectors should be incentivised

India’s defensiveness about Chinese FDI has parallels with trade. India Inc. has always been somewhat apprehensive of trading with the dragon as its pricing mechanism is opaque with hidden subsidies and an undervalued yuan, writes N Chandra Mohan for South Asia Monitor

Chinese medical supplies to fight Covid-19 arrive

China has dispatched another batch of medical supplies through a special PIA flight to Pakistan to fight the spread of coronavirus epidemic

'Sri Lanka stands with China in supporting WHO'

Sri Lanka’s Foreign Minister Dinesh Gunawardena has assured Chinese State Councilor and Foreign Minister Wang Yi that Sri Lanka will firmly stand with China in supporting the World Health Organization (WHO) to play a bigger role in the fight against the COVID-19 pandemic

China includes Arunachal Pradesh in its updated map

China has included parts of Arunachal Pradesh, one of India's northeastern states bordering China,  within its international boundaries, an updated version issued by Sky Map has revealed

ICMR asks states to stop using Chinese rapid test kits

The Indian Council of Medical Research (ICMR), here on Tuesday, asked states to stop the use of rapid testing kits of Covid-19 for at least two days as they were giving inaccurate results

China slams India's new FDI norms, says it violates WTO rules

Just days after India amended the Foreign Direct Investment (FDI) policy to check opportunistic takeovers of Indian companies amid the Covid-19 pandemic, China on Monday criticised the move and said that it violates the World Trade Organizations principle of non-discrimination

Assam state not to use PPE kits imported from China

Amid controversy in the Assam, the government in India's northeastern state China said it would not, for now, use the 50,000 PPE kits that it imported from China, state Health Minister Himanta Biswa Sarma said

Chinese investment under scanner, as India tweaks law post-Covid

In a move presumably aimed at blocking China and its companies from opportunistic takeovers of Indian companies due to the Covid pandemic and subsequent crisis, India has clarified that foreign investments from countries with which India shares land border shall be only after government approval