India Foreign Exchange

South Asia's Balance of Payments Challenge: The Changing Dynamics of External Balances in South Asia

South Asia remains one of the least integrated regions in the world despite geographical proximity and complementary economic structures. Greater regional trade, improved transport connectivity, cross-border electricity markets, digital payment systems and investment partnerships could substantially reduce external vulnerabilities. 

India's Employment Debate: A Future With Plenty of Work, But Fewer Jobs

Between 2004 and 2023, India produced roughly five million graduates every year, but graduate employment increased by only around 2.8 million annually. Even fewer obtained salaried employment. Millions are either unemployed or working below their qualifications or in the waiting room for the elusive government job. 

How Sri Lanka Missed the Opportunity to Become a 200-billion dollar economy

Policy instability during the 2015-2024 likely pushed back Sri Lanka’s path towards becoming South Asia’s first High-Income Country. The 2022 financial crisis would never have happened as stable growth during the first half of 2015–2024 would have built enough buffer to weather impact of the Covid pandemic 

More on Economy, Trade and Development

Situation along China border tense, but nation can count on us: Indian Army chief Naravane

Indian Army Chief General Manoj Mukund Naravane on Friday said that the situation along the Line of Actual Control (LAC) is tense and the force is prepared for all contingencies

From banned apps to GDP, China pursues India bashing

A rattled China, forced on the defensive by India's sharp military maneouvres on the border, has lashed out at Prime Minister Narendra Modi, even going to the extent of questioning re-election prospects for a third term in 2024

Tibetans give warm send off to Special Frontier Force soldiers

Hundreds of Tibetans carrying the national flags of Tibet and India on Friday gathered in the Himachal Pradesh capital to give a warm send off to Special Frontier Force soldiers who were heading in convoys to frontier areas along China

US warns to ‘manage risk’ in dealings with China group involved in Sri Lanka’s Port City

The United State has warned countries to manage risk when dealing with a state enterprise and subsidiaries in China that has reclaimed the sea in South China Sea and in Sri Lanka

India asks China to show sincerity in restoring peace on LAC

India on Thursday asked China to show sincerity in expeditiously restoring peace along the Line of Actual Control (LAC) and border areas through complete disengagement and de-escalation in accordance with the bilateral agreements and protocols

China calls India's ban on 118 apps 'discriminatory restrictions'

Hit hard by India's move to ban 118 apps, including PUBG, China on Thursday termed the action as "discriminatory restrictions" on Chinese companies and alleged that it violated World Trade Organization (WTO) rules

Chinese president’s visit to Pakistan cancelled due to pandemic

Chinese Ambassador Yao Jing Thursday said the visit of Chinese President Xi Jinping to Pakistan had been rescheduled due to the coronavirus pandemic

Indian Army chief in Ladakh to review ops amid China tensions

Indian Army chief General Manoj Mukund Naravane is on a two-day visit to Ladakh to review operational preparedness of the force amid border tension with China

China deploys five militia squads in Eastern Ladkah

China has deployed five militia squads for rapid response at the disputed Line of Actual Control in Eastern Ladakh. It has done so to "consolidate the border" and "stabilise Tibet region", sources said

China funds anti-India protests along Indo-Nepal border

China has paid Rs 2.5 crore (in Nepali currency) to various organisations based in Nepal to carry out demonstrations against India along the Indo-Nepal border that stretches to over 1,700 km, intelligence agencies said

CPEC aimed at decreasing China’s reliance on strategic chokeholds: Pentagon

Under its One Belt, One Road (OBOR) policy, China is pursuing projects in Pakistan that would decrease Beijing’s reliance on strategic choke points, says a Pentagon report released on Wednesday

China bullying neighbours, hoping for peaceful resolution of India-China border tension: Pompeo

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

India, China talks over Pangong Tso remain inconclusive

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

India bans PUBG, 117 more Chinese apps

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

Nations waking up to China's threats: Tibetan administration

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