175 Nepalis who were stranded in Hubei Province of China after the outbreak of COVID-19 arrived in Kathmandu on a chartered Nepal Airlines plane.
Beyond De-Dollarisation: Payment Diversification and Debt Resilience for Global South Nations
India could potentially become a bridge between regional economies and the wider Asian and Global South payment architecture. Greater interoperability could support remittances, tourism, trade and financial inclusion while reducing some transaction costs.
Critical Minerals: The New Oil of the 21st Century?
Critical minerals are not literally the new oil, but they may play a comparable role in defining the balance of power. The race has already begun, and India’s preparedness will determine whether it merely secures access to the resources of the new century or helps shape the industrial order that emerges from them.
Trade Pivot Weakens Pakistan’s Grip on Afghanistan, as Others Move in
Afghanistan has sought to limit or reduce its structural vulnerability by moving trade through Iran’s Chabahar Port and Central Asian corridors. Kabul is realigning Afghanistan’s external economic geography by looking towards Iran, Central Asia, China and India.
India's Sugar Economy and Ethanol Politics: The Demand-Supply Imbalance Threatens to Mar Festival Season
The current rise in Indian sugar prices is the result of several factors rather than ethanol alone. Lower-than-expected production—from an initial estimate of 343 LMT to about 306 LMT—is central to the supply concern. Weather damage, disease, festival demand, global prices and market speculation have added to the pressure.
More on Economy, Trade and Development
Disembarkation of crew from China ships won't be allowed in India
Indian port authorities have decided not to allow the disembarkation of crew of ships from China, as well as Hong Kong, Macau, Thailand and Singapore, to avoid the spreading of the deadly coronavirus. "Disembarkation of crew of ships from China, Hong Kong, Macau, Thailand and Singapore are not allowed in order to avoid any risk of coronavirus spreading here. This condition is applicable in all the Indian ports," S. Senthilnathan, Health Officer, Chennai Port, told IANS.
IMF asks Pakistan to cut reliance on China
The visiting IMF mission has asked Islamabad "to reduce its trade and commerce reliance on Beijing" and look for other international options by signing free trade agreements (FTA) with other countries too, a media report said on Friday.
Pakistan PM concerned over students stuck in Wuhan
Pakistan Prime Minister Imran Khan has directed the Foreign Office (FO) to take every possible step to help Pakistani students stuck in the Chinese city of Wuhan, the epicentre of the novel coronavirus outbreak.
China ready to strengthen BRI cooperation with Sri Lanka
China says it stands ready to strengthen cooperation on the Belt and Road Initiative (BRI) with Sri Lanka for mutual benefits.
Pakistan Senate expresses solidarity with NCoV-hit China
The Pakistan Senate has unanimously passed a resolution expressing solidarity with and support for China in combating the deadly novel coronavirus.
India may face supply shortage as China extends factory shutdown
Rapid spread of the coronavirus in China has forced several factories to defer their plans to open shop post Lunar New Year holiday to next month
Immediately evacuate citizens from China: Nepal NHRC
Nepal's National Human Rights Commission directed the government to immediately bring back Nepalis from Hubei, the epicentre of coronavirus outbreak, as students stuck in the Chinese province have started making frantic calls for evacuation
CPEC: China says it is committed to Pakistan
China has asserted that it is not wavering from its commitment to assist Pakistan in the second, people-centric phase of the China-Pakistan Economic Corridor (CPEC)
Humanitarian agency seeks Pakistan government's permission to repatriate stranded students from Wuhan
Pakistan's Edhi Foundation has written a letter to Foreign Minister Shah Mehmood Qureshi, seeking permission to “evacuate students from Wuhan city of China”.
Sri Lanka plays down China’s statement on interference
Sri Lanka says it did not take a statement made by Chinese Foreign Minister Wang Yi seriously on interference in Sri Lanka.
Nepal still preparing to evacuate citizens from Wuhan
A week after Nepalis in China's Hubei province asked the Nepal government to evacuate them, officials in Kathmandu have little idea how the evacuation will progress.
Modi offers help to Xi in coronavirus crisis
Indian Prime Minister Narendra Modi has offered assistance to Chinese President Xi Jinping in the fight against the ongoing novel coronavirus epidemic that has killed over 800 people and infected around 35,000 in China.
171 Bangladeshis asked to wait in Wuhan
The failure to arrange a flight has forced the government to scrap its plans to bring back 171 Bangladeshis from the locked-down cities in China amid a deadly coronavirus outbreak.
'India offered to evacuate people from all neighbouring countries from Wuhan'
India had offered to evacuate people from all the neighbouring countries while bringing back Indian students from the Chinese city of Wuhan in the wake of the deadly coronavirus outbreak, External Affairs Minister S. Jaishankar told the Rajya Sabha on Friday.
