Given the meager oil dependency on Russia and India’s past experience to tackle global oil price shocks, the Russia-Ukraine conflict is unlikely to cause any major impact on the economy, writes S. Majumder for South Asia Monitor
Nepal does not need to become Silicon Valley. It does not need to copy India, China, Singapore or Canada. Nepal needs an AI strategy rooted in its own realities: young talent, hydropower potential, local problems, growing IT services, tourism, agriculture, small businesses and a global diaspora.
The core data architecture — a national road safety data lake, AI-powered enforcement, multilingual public awareness — is replicable at any scale, in any South Asian language, in any South Asian urban or rural road environment. The technology does not need to be reinvented for Dhaka, Kathmandu or Karachi. It needs to be validated in Colombo and Delhi first.
However, 118 countries, mostly developing ones, do not participate in international discussions on AI governance, according to UNCTAD. This means that billions of people may live within rules they were not involved in making.
What we are witnessing today may only be the opening chapter. The next breakthroughs in AI may not emerge from software laboratories alone, but from nuclear reactors, cooling technologies, offshore infrastructure, advanced materials, and energy networks. The race to build intelligence has quietly become a race to master power and heat.
Given the meager oil dependency on Russia and India’s past experience to tackle global oil price shocks, the Russia-Ukraine conflict is unlikely to cause any major impact on the economy, writes S. Majumder for South Asia Monitor
Over ten million poor people in Bangladesh will receive subsidized food as the government is all set to implement an ambitious scheme aiming to provide relief to poor people being affected by skyrocketing commodities prices
Sri Lanka’s crippling energy crisis is expected to ease in the coming days as India extended a $1 billion line of credit, bringing total assistance to Colombo around $2.4 billion since January this year
India's Home Minister Amit Shah on Thursday said the country needed to expand trade with the neighbouring countries as in the next ten years it would be among the top manufacturing countries. He, however, did not specify the countries
Sri Lanka will seek support from the International Monetary Fund (IMF), President Gotabaya Rajapaksa announced in a rare speech on Wednesday, where he acknowledged, for the first time, “sufferings” and “difficulties” faced by people as the island country faces one of its worst economic crises
Accounting for under 3 per cent, Russia is not a major supplier of oil to India, which gets most of it from the Middle East, while the US is also emerging as an important source for energy products
Dhaka has also been exploring trilateral cooperation in power sectors among India-Bhutan-Bangladesh and Nepal-India-Bangladesh
A new study conducted by the International Financial Corporation (IFC) and Dhaka Stock Exchange (DSE) puts Bangladesh at the top in South Asia when it comes to women’s leadership in listed firms. In 2021, women directors in listed firms were around six percent in comparison to five percent in 2020 when the Covid-19 pandemic hit the world.
Sri Lanka last week signed a deal with India’s Adani Group, awarding the latter two mega renewable power projects in the northern part of the country, as Colombo faces its worst power crisis, primarily caused by the foreign exchange crisis, in decades
Amidst the Ukraine war, Indian exporters are worried about exports and have seen an early trend in declining orders for engineering goods and apparels
Despite the Russia-Ukraine war that has sent oil prices skyrocketing, there will be no shortage of crude oil in India, even though the country imports the bulk of its energy requirements, Petroleum and Natural Gas Minister Hardeep Singh Puri assured
Indian External Minister S Jaishankar and Sri Lankan Finance Minister Basil Rajapaksa held a telephonic conversation and the former assured that New Delhi will continue to assist the island country which has been going through perhaps its worst economic crises
In a further intent of their deepening ties and optimising bilateral connectivty, India and Bangladesh will conduct a joint study on Comprehensive Economic Partnership Agreement (CEPA) at a commerce secretary-level talks on Friday, according to an official statement
Contrary to the Taliban’s previous assurances on banning poppy cultivation, the group this year seems to be actively encouraging opium production
Sri Lankan energy crisis, primarily caused by the severe foreign exchange shortage, has reached a dangerous level this week as the country struggles to manage multiple interlinked crises, forcing authorities to ration both electricity and fuel