Luxury apartments and slums in Colombo

Growth of Underground Economy and Rising Income Disparity is a Social Concern in Sri Lanka

In 2025, Sri Lanka was ranked as the second most expensive housing market in the world based on rentals compared to average income. It is possible that market distortions caused by black economy and corruption have contributed to this. 

From Infrastructure to Investment: Building West Bengal’s Next Growth Cycle

The larger opportunity before West Bengal is therefore not another round of infrastructure creation in isolation. It is the creation of an ecosystem in which infrastructure, private capital, local enterprise and skilled labour reinforce one another. 

Did BRICS Help Thaw India-China Ties? Need to Convert Broken Ice into a Workable Business Relationship

Why not begin by reopening serious discussions with Chinese conglomerate BYD about an Indian factory? BYD is now one of the world’s dominant EV manufacturers. Its Indian ambitions were caught in the post-Galwan investment freeze. Invite it back to the table—but on Indian terms

The Real Test for BRICS: More Choices for South Asia, or Just New Dependencies?

But the choice test applies to India as much as to the countries it hopes will follow its lead. If BRICS genuinely widens India's menu of markets, technology partners and financing sources without deepening its dependence on any one of them, it becomes a credible model for the rest of the Global South.

More on Geoeconomics, Trade and Development

China aids Afghanistan with medical supplies

In the past five months since arrival in Afghanistan, I have met friends from all walks of life and been deeply impressed by the Afghan hospitality, diligence and courage

Twitter suspends account of Chinese Embassy in Colombo

Social media giant Twitter has suspended the account of the Chinese Embassy in Colombo, days after it had responded to allegations against China using undiplomatic language. “We have already applied to unlock the account,” a spokesman for the embassy told News1st

Xi'an municipality of China donates medical supplies to Nepal

The Xi'an municipality of Shaanxi province of China, has provided medical supplies in the fight against COVID-19 pandemic

People's Bank of China increases stake in India's HDFC

The People's Bank of China has increased its stake in India's banking and financial services company HDFC to 1.01 percent. The central bank of China currently has nearly 1.75 crore shares in HDFC during the quarter ended March, according to data submitted by the company at the BSE

India slams China for raking up Kashmir at UN

The  Indain government on Thursday slammed China at the United Nations for raking up India's internal matters and its failure to recognize Pakistan's cross-border terrorism in Jammu and Kashmir

Scope of CPEC to be enhanced in the second phase

The China-Pakistan Economic Corridor (CPEC) is making steady progress, and its scope will be further enhanced in the second phase, a top Pakistani official said

Sri Lanka’s China-run port to oil Indian Ocean shipping

Sri Lanka’s Hambantota Port, run by China’s CM Ports group with Chinese oil group Sinopec, has stocked up bunker oil to supply ships passing the island with the global shipping industry hit by the fallout of Coronavirus

China Railway Group Ltd donates PPE, safety gears to Bangladesh hospital

China Railway Group Limited (CREC) has donated Personal Protective Equipment and other safety gears to the Combined Military Hospital and Kurmitola General Hospital in Dhaka to extend support to the Bangladesh government's fight against the coronavirus outbreak

China reluctant to open customs points

The Chinese government is reluctant to open trade routes with Nepal, saying the coronavirus infection has been gradually spreading in Nepal

China profits from the pandemic it sparked

In what is being called the "cruelest irony" China, that blasted the world with one million coronavirus cases, now stands to gain from the fallout, exporting equipment and supplies needed to fight the pandemic, according to a US leader

Air India commences Delhi-Shanghai cargo flight operations

Air India on Saturday commenced the first cargo flight between Shanghai and Delhi. "An Air-bridge between Shanghai & Delhi has been established," the Ministry of Civil Aviation said in a statement on Saturday

Indian attorneys, ICJ move UNHRC against China for Covid-19 reparation

The International Council of Jurists (ICJ) and All India Bar Association have moved the United Nations Human Rights Council seeking compensation from China for "surreptitiously developing a biological weapon capable of mass destruction."

COVID-19: China should not be allowed to lift lockdown in hotspots

It is now recognized all over the world that COVID-19 originated from the Wuhan region in China and China did not forewarn the world at the right time about what is now known as the China virus disaster

Air India may fly in medical equipment from China starting April 3

Air India is likely to transport critical medical equipment and supplies from China starting April 3

China gives anti-corona medical aid

The Chinese government has provided medical aid to Nepal government on Sunday to combat the novel coronavirus