Indian and the US navies carried out a swift exercise close to the Andaman and Nicobar islands on Monday as the stand-off between India and China continues for over two months
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
When Nations Employ the Expansionary Grammar of Corporate Acquisitions
China’s Belt and Road Initiative - which funded Sri Lanka’s Hambantota Port through loans resulting in a 99-year lease to Chinese State-owned enterprise in 2017 due to Colombo’s struggle to service said loans - follows the same expansionary script.
More on Economy, Trade and Development
IAF to get Rafale boost amid India-China standoff
At least five out of the first batch of 36 Rafale fighter aircraft are likely to join the Indian Air Force (IAF) by July end, providing it much-needed muscle amid a depleting fighter strength
Bangladesh approves trials of Chinese firm Sinovac’s COVID-19 vaccine candidate
Authorities in Bangladesh have approved Stage 3 trials of a potential COVID-19 vaccine developed by Chinese firm Sinovac Biotech
PLA troops non-committal about retreat, India keeps a wary eye
Chinese troops have not moved back from the Line of Control (LAC) in eastern Ladakh in line with the consensus arrived at during the disengagement talks between India and China, sources said on Saturday
India scans Chinese investments with PLA links
While efforts are afoot to normalise Indo-China relations, the ground reality is far from normal
China contract terminated, freight corridor contract to go to Indian firm
Pursuant to Prime Minister Narendra Modi's 'Self-Reliant India' policy, the Dedicated Freight Corridor Corporation India Ltd will give the work of the signalling on 417 km route of the Eastern Dedicated Freight Corridor to Indian companies after it terminated the contract with the Chinese firm, officials said on Saturday
'India wants peace but no guarantee of outcome of China talks'
India wants peace but there is no guarantee of the final outcome of talks with China, said Defence Minister Rajnath Singh on Friday in eastern Ladakh region as he reviewed the ground situation of troops in the hostile border areas
Chinese firms propose setting up of 700MW project for two SEZs
It is the government’s priority to ensure provision of uninterrupted and affordable energy to industries, remarked Minister of State and Board of Investment (BOI) Chairman Atif R Bokhari
China Welcomes Afghanistan-Pakistan Trade Resumption
China has applauded the resumption of trade relations between Afghanistan and Pakistan after land crossings between the two neighboring countries were opened following a temporary closure under the COVID-19 crisis
India questions China's claim over South China Sea
In a diplomatic offensive against Beijing, India on Thursday rejected China's claim over the South China Sea, as the talks over the Line of Actual Control in Ladakh remained inconclusive
Trump now avoids taking stand on India-China conflict
US President Donald Trump is now avoiding taking a stand on the India-China conflict in contrast to his earlier critical remarks about Beijing or that of Secretary of State Mike Pompeo
Disengagement at LAC with China intricate, requires constant verification: Indian Army
The Indian Army on Thursday stated that the disengagement process at the Line of Actual Control (LAC) with China is intricate and "requires constant verification"
Maldives-China to hold talks on Bilateral Coordination Mechanism
The Maldives foreign ministry has revealed that discussions will take place between the Maldives government and Chinese officials regarding the bilateral coordination mechanism
Democracies will unite to face China's challenge: Pompeo
US Secretary of State Mike Pompeo said on Wednesday that he is confident the world's free nations will join together to face the challenges from China to India and other countries in Asia
Armies of India, China discuss de-escalation for 15 hours
Military delegates of India and China held deliberations stretching for nearly 15 hours on the disengagement and de-escalation of troops and materials on their borders in eastern Ladakh, during which the Indian side asked PLA troops to completely withdraw from Pangong Lake and Depsang area
