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

Is China manipulating Nepal?

Oli’s anti-India posture was seen to be at the behest of Beijing as India converted the unmetalled road into a strategic road through which the Indian Army and guns can reach the Tibet plateau early, a strategic development not to China's liking, writes Jai Kumar Verma

Take China to international fora for building 'potential water bomb' in Tibet: Congress

The opposition Congress has asked the Modi government to take up, in various international fora, the issue of China building an artificial lake just upward of Arunachal Pradesh which can be a "potential water bomb" and have devastating effect on the Siang basin in the border state

Balochistan, Sindhi nationalists unite to oppose Pakistan, China, CPEC

The closer Pakistan slides to China, the further Balochistan inches away from Pakistan. Surging Baloch nationalism has found a new partner - a pro-freedom organisation in Sindh, which also plans to oppose the China-Pakistan Economic Corridor (CPEC) - a mammoth $62 billion infrastructure project

A new wave of progress for Pakistan under CPEC

Work on the China-Pakistan Economic Corridor (CPEC) has picked up pace in the past few months. We have seen a series of groundbreaking ceremonies and inauguration of completed projects

China congratulates Sri Lanka PM on election victory, assures continued support

The Government of China, expressing “heartfelt congratulations” to Sri Lankan Prime Minister Mahinda Rajapaksa and his party Sri Lanka Podujana Peramuna for winning the Wednesday’s parliamentary election, has assured its support to elevate the bilateral relations with greater development

Armies of India, China discuss disengagement in Depsang plains

Talks between military representatives of India and China to discuss disengagement in the Depsang plains north of Galwan area started on Saturday morning near the Line of Actual Control, sources said

Pakistan-China border at Sust temporarily re-opens after 11 months

Prime Minister’s Advisor on Commerce and Industries Abdul Razak Dawood on Saturday said the Pak-China border crossing at Sust was temporarily re-opened to clear stranded trucks of Pakistani traders

Post India-China clash, deployment of Indian Navy warships increased across Indian Ocean

With a considerable increase in the deployment of its warships in the Indian Ocean Region (IOR), the Indian Navy is providing strategic support to its fellow services in the ongoing activities related to the border tensions with China

Bangladesh most suitable place for investment: Chinese investor

Bangladesh is the most suitable place for investment for global enterprises as it has a large population and huge market potential, said Xu Xiaochu, Chairman of Chinas Yabang Investment Holding Group Company Limited

Quad shaping up as response to China's aggression

As New Delhi and Beijing have made no headway in the stand-off along the Line of Actual Control in Ladakh, the Quadrilateral (Quad) coalition among the US, Australia, Japan and India is rapidly taking up shape as a response to Chinese expansionism

India, US discuss South Asian, Indo-Pacific security

India's External Affairs Minister and US Secretary of State Mike Pompeo have discussed the aggressive actions of China in South Asia while reiterating their countries' commitment to advancing security in the Indo-Pacific region

India, China troop disengagement stalled due to differences

De-escalation at the Line of Actual Control has stopped for now as disengagement talks between India and China have hit a roadblock

India warns China against Kashmir interference

India on Thursday warned China against attempts to interfere in India's internal affairs after Beijing unsuccessfully initiated a discussion in the UN Security Council on Jammu and Kashmir

Standoff with China is likely to be prolonged, says defence ministry

The present stand-off with China is likely to be prolonged, said Defence Ministry in a status report on border tension in Eastern Ladakh

Pakistan approves most expensive China-aided project to date

Pakistan's top economic body on Wednesday approved its costliest project to date as part of the multibillion-dollar China-Pakistan Economic Corridor (CPEC) agreement, giving the go-ahead for a $6.8 billion project to upgrade its railway lines, the government said