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.
India’s stand for a dollar-based system is not a rejection of BRICS alignment or unity, but it is a determined choice to act in favour of self-interest like any other founding member. The key difference is India’s position has been the most transparent of all founding members rather than standing behind the collective rhetoric.
The evidence indicates that the increase in state borrowing over the past decade is best understood as the outcome of a changing fiscal federal system rather than simply an expansion of welfare politics.
For India, delays in its strategic projects are not merely bureaucratic setbacks but a matter of national security. Colombo’s motives remain opaque, but for New Delhi, a presence in Sri Lanka’s North and East is non-negotiable.
US financial support will be contingent on Sri Lanka asserting its sovereignty “against influence by the People’s Republic of China,” and improving human rights and promoting inter religious and ethnic reconciliation, a 900 billion dollar spending bill before the congress says
With the Nepal Communist Party unity falling apart, China is sending a vice minister of the Chinese Communist Party to Kathmandu in what is believed to be Beijing's effort to assess the ground situation
A Chinese national was among four people arrested by Cyberabad police on Friday during a raid on a call centre in Hyderabad in the continuing crackdown on illegal loan apps
The China-Pakistan Economic Corridor (CPEC) is moving towards a new direction of industrial and agricultural development, which needs a proactive role by the private sector combined with technology companies, said Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood
After banning Chinese apps, India has now launched an offensive against Chinese companies trying to enter into security-related sectors
As the ruling Nepal Communist Party (NCP) is all set to split into two factions, Chinese Ambassador Hou Yanqi held talks with the top political leadership of the ruling party
The Dhabeji Special Economic Zone (SEZ) to be developed under the framework of the China-Pakistan Economic Corridor (CPEC) in Sindh province will generate $1 billion investment and provide 100,000 direct and indirect jobs for local population, a top official said
The Pakistan-China joint air exercise “Shaheen-IX” culminated on Thursday with a resolve to jointly cope with shared security challenges, said a statement released by the Pakistan Air Force (PAF)
Indian Army Chief General Manoj Mukund Naravane on Wednesday met troops deployed in harsh winter conditions at forward locations at the Line of Actual Control and reviewed the prevailing tense situation with China. General Naravane also reviewed troops preparedness at the forward location
Chinese Ambassador to Nepal Hou Yanqi has called on President Bidya Devi Bhandari following the dissolution of House of Representatives – a decision that led to the formal splitting up of the largest party in Nepal
Though living in exile for over half a century in the Himalayan foothills, the longing to see his homeland Lhasa - currently under Chinese occupation - is still fresh in the mind of an elderly globe-trotting Buddhist monk, the Dalai Lama, who resides in this north Indian hill town
China has sought additional guarantees before sanctioning $6 billion loan for Main Line-1 (ML-1) project due to weakening financial position of Pakistan and also proposed a mix of commercial and concessional loan against Islamabad’s desire to secure the cheapest lending
Chinese Ambassador to Pakistan Nong Rong on Tuesday appreciated the contributions made by Pakistani and Chinese staff working on China-Pakistan Economic Corridor (CPEC) projects
The China-Pakistan Economic Corridor (CPEC) projects have achieved major progress despite grave economic and health challenges posed by the ongoing coronavirus pandemic, CPEC Authority chairman Asim Saleem Bajwa said
China’s Ambassador to Pakistan Nong Rong called on Chief of Army Staff (COAS) General Qamar Javed Bajwa at military’s headquarters in Rawalpindi and discussed matters of mutual interest including CPEC and defence cooperation
