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

US imposes visa ban on Chinese people responsible for occupation of South China Sea

The US has imposed a visa ban on members of the Chinese Communist Party (CCP) regime, People's Liberation Army (PLA) and some state-owned businesses responsible for the occupation and militarization of the disputed South China Sea

China fired two deadly missiles ahead of US visa ban

Just before the US imposed a visa ban on Chinese government members in response to the militarization of the South China Sea, Beijing had fired two missiles, including an 'aircraft-carrier killer', into the disputed sea

Pakistan-China coziness sees rising intensity

The proximity between Pakistan and China seems to be increasing with every passing week as Islamabad is opening every door for China, banking on the projects under the China Pakistan Economic Corridor (CPEC), the flagship project of the Belt and Road Initiation (BRI) for its economic and financial revival

Sri Lanka to expand cooperation in trade and tourism with Southern China

Sri Lanka is exploring the opportunities to expand cooperation in diverse areas focusing on trade and tourism with Hainan Province in Southern China

Pakistan miraculously overcomes virus, says Chinese envoy

Chinese Ambassaor Yao Jing has said Pakistan has miraculously overcome COVID-19 adding Pakistan govt led by Prime Minister Imran Khan needs full credit for this

China asks Pakistan to open five key borders with Afghanistan

As ways are being paved towards peace negotiations between the Taliban and the Afghanistan government, China is calling on Pakistan to open its five key border crossings with Afghanistan to allow bilateral and transit trade of Afghan exports to India

PM Imran Khan asks Chinese businesses to establish offices in Pakistan

Emphasising the need for more cooperation between China and Pakistan in all fields, Prime Minister Imran Khan on Monday asked Chinese entrepreneurs to establish their regional offices in Pakistan

If talks fail with China, then military options on table: India's CDS

India's Chief of Defence Staff General Bipin Rawat said on Monday that if diplomatic talks with China over the border issue fail, then military options are on the table

Pakistan PM aide urges people to ignore 'propaganda' stories against CPEC

The prime minister’s aide on information Asim Saleem Bajwa has said that attempts being made to undermine the China-Pakistan Economic Corridor (CPEC) through “lies and propaganda stories”

All efforts to get China-funded projects back on track in Bangladesh

The Bangladesh government would hold talks with Chinese officials tomorrow as part of its desperate efforts to give impetus to the mega projects held up by the coronavirus pandemic

China to support Pakistan in choosing development path 'independently'

China has come out in full support of Pakistan's position and stance on the Jammu and Kashmir issue along with its extended sustenance on Islamabad "independently" choosing a development path based on its "national conditions" in the context of external security parameters

Nagaland church warns against 'dangerous cult' from China

The Nagaland Baptist Church Council (NBCC) has warned the church leaders in Nagaland against a cult called the Church of Almighty God from China

China says Kashmir issue left over from history

China reiterated again on Friday that the Kashmir issue is a dispute left over from history between Pakistan and India, which is an objective fact, and that the dispute should be resolved peacefully and properly through the UN Charter, relevant Security Council resolutions and bilateral agreements

'Iron brothers': China, Pakistan agree to safeguard common interests, strengthen cooperation in all areas

Pakistan Foreign Minister Shah Mahmood Qureshi met with his Chinese counterpart on Friday to hold the second round of the China-Pakistan Foreign Ministers’ Strategic Dialogue in the Chinese province of Hainan

Indian Railways cancels tender for rakes due to Chinese participation

Indian Railways on Friday cancelled the tender for the manufacturing of 44 rakes of Train 18, which has been re-christened as Vande Bharat Express, and said a fresh tender will be floated within a week's time, focusing on Make in India as a Chinese Joint Venture also applied as a foreign bidder