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

China-Bangladesh relations in an uncertain environment: Regional stakeholders need to see cooperative opportunities, not adversarial challenges

The intensification of geopolitical competition in the Bay of Bengal region may affect the healthy interaction between China and Bangladesh. Bangladesh, strategically located at the crossroads of South Asia and Southeast Asia, is a significant factor in the geopolitical and geoeconomic landscape of the Bay of Bengal. 

Why China is playing the name game with India on Arunachal Pradesh

The historical manipulation of Tibet's relations with Monyul is a front that China plays against India on the China-India border dispute over the Indo-Tibet border. China has misinterpreted the history of Tibet's relations with Monyul to assert its territorial claim in the region.

India ‘will never be formal ally’ of US but can have ‘strongest’ ties as allies on global stage, says US diplomat

“One of the hardest things to keep in mind is that India is also a great power and it has its own beliefs, its own interests”, he said.

Quad foreign ministers warn of terrorists using new technology, demand action against Pakistan-based terror groups

Recalling the 26/11 Mumbai and the 2016 Pathankot terrorist attacks. they called for “bringing the perpetrators of these attacks to justice without delay”.  This explicit mention of terror attacks on India, purported to be engineered from Pakistani soil, is seen as a strong backing by Quad partners of India's stand on cross-border terrorism which New Delhi says is promoted and supported by the Pakistani State. 

Can India counter the Chinese challenge in the Indo Pacific?

China's rising military and economic involvement in the region provides India with a strategic challenge to formulate a foreign and security policy blueprint for the Indo-Pacific. 

NATO’s 75th Anniversary Summit: Profound implications for Indo-Pacific geopolitics and regional security

The participation of Indo-Pacific partners in the NATO summit epitomizes the breaking of traditional geopolitical barriers, ushering in what is often referred to as "the new geometry" of international relations.

Beijing’s hold on Nepal will have long-term implications for India

India introduced the Agnipath system of recruitment in its military, denying regular recruitment to thousands of Nepalese Gurkhas into the Indian Army,  not only aggravating unemployment in Nepal, but more importantly, shattering the strong bond between the Indian and Nepalese armies.

Dalai Lama in the US: Opportunity for Biden in election year to make a statement to China as India watches

From the Indian standpoint Prime Minister Modi may like to keep the Tibetan issue on the foreign policy agenda of his third term while dealing with a recalcitrant China. Its particular reference to the Tibetan issue remaining unresolved in accordance with international law may provide some opening to New Delhi to work on given the historical sensitivities of India's border dispute with China. 

Restoring historical names in Tibet: Can India really show the mirror to China?

If NDA 3.0 wanted to show assertiveness to China, why were representatives of the Central Tibet Administration not invited for the osth-taking ceremony at Rashtrapati Bhavan on June 9, as they were invited in 2014 for the swearing-in of the then new NDA government.

China pushes the red line: Growing challenges to rules-based order and international norms in the South China Sea

New power tools being used by China to expand regional dominance have heightened regional security dilemmas and sparked arms races.  They have also caused systemic wariness among nations of the Indo-Pacific who will long for the status quo of a stable rules-based order.

What the unrest in New Caledonia means for the Indo Pacific and China's looming presence

The potential implications of recent protests in New Caledonia are best understood in the context of a broader framework of China’s increasing presence in the South Pacific island countries.

Quad and now the Squad: New power equations in the Indo-Pacific

This new bloc is vital for both the US and regional players, especially the Philippines which is not part of the original Quad. For Australia and Japan, this new partnership represents a more focused security arrangement with greater on-the-ground ease of conducting military activities as compared to the more bureaucratic Quad.

Is the US finally realizing Bangladesh's importance in its Indo-Pacific strategy?

Bangladesh must exercise caution when considering the adoption of the Indo-Pacific Strategy advocated by the US and its regional allies. This move could potentially strain Bangladesh's friendship with China.

Chinese 'research vessels' in Indian Ocean raises red flags in Indian maritime circles

Over half of these 'research vessels' operated in the South China Sea, but their growing presence in the Indian Ocean has stirred regional tensions and is a matter of growing concern to India.

US looking to boost economic ties with ‘critical partner’ India through IPEF

While most of the attention to keeping the Indo-Pacific region free and open has been focused on strategic issues, Venkataraman emphasized the critical role of the IPEF in boosting regional economic ties.