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

Nepal-China border closure affects northern villages

Residents of several settlements in the northern parts of Sankhuwasabha and Taplejung districts are having a tough time managing essential commodities and finding markets for their products due to the protracted closure of the Nepal-China border amid coronavirus threat

Experts debunk Chinese scientists' Covid virus India origin claim

Health experts in India have refuted a claim made by Chinese scientists in a preprint paper that suggests that the Indian subcontinent might be the place where the earliest human-to-human SARS-CoV-2 transmission occurred

Chinese defence minister puts off visit to Bangladesh

Chinese Defence Minister Gen Wei Fenghe has suspended his visit to Dhaka that was scheduled for this week

What led to Chinese defense minister's 'sudden' visit to Nepal

Just days after Indian Foreign Secretary Harsh V Shringla visited Nepal, the Chinese state councilor and defense minister Wei Fanghe hurridly paid a one day visit to Nepal on Sunday, The Himalayan Times reported

Chinese stopover in Nepal militarily significant and politically symbolic

Chinese State Councillor and Defence Minister Wei Fenghe on Sunday landed in Kathmandu for a daylong stopover during which he held a whirlwind of meetings with Prime Minister KP Sharma Oli, also the defence minister, President Bidya Devi Bhandari and Nepal Army Chief Purna Chandra Thapa before flying straight to Pakistan in the evening

Chinese Defence Minister to arrive in Nepal Sunday

China’s Minister of National Defence and the first-ranked State Councillor, Wei Fenghe, is paying a one-day working visit to Nepal on Sunday

Chinese scientists claim coronavirus originated in India, Bangladesh

A team of researchers from China’s Shanghai Institute for Biological Sciences have claimed that the SARS-CoV-2 coronavirus existed in India and Bangladesh long before the outbreak of the COVID-19 pandemic in Wuhan in December last year

With China in mind, Indian Navy enhances interoperability with friendly navies

Considering that Indian armed forces are presently preparing for war, the last quarter of 2020 has been quite eventful for the Indian Navy

Pakistan ships first fish cargo to China

Pakistan’s improved transshipment policy had resulted in the beginning of international transit activities on its ports, particularly Gwadar Port

China urges India to restore normal trade relations

Upset by India's latest ban on 43 Chinese mobile applications, China on Wednesday urged the government to restore the trade relations for mutual benefit

Decoding Mandarin: Now AI-based Mandarin-English translation systems for India-China border

An AI-based Mandarin-English speech recognition and translation system is helping Indian forces decode their Chinese adversaries in cross-border intelligence gathering, interceptions and other communication

Sri Lanka and China discuss consolidating ties

Sri Lankan Foreign Secretary Jayanath Colombage together with Chinese Vice Minister Luo Zhaohui chaired the 11th session of the diplomatic consultations between Sri Lanka and China virtually on 23 November 2020

India bans 43 more Chinese mobile apps over national security concerns

Continuing with its ban orders on Chinese apps, the Indian government on Tuesday blocked 43 new mobile apps, including shopping website AliExpress owned by e-commerce behemoth Alibaba

PLA's new tactic: Military storage bunkers spotted in Chinese village near Doklam

China's new villages close to the Line of Actual Control with India, meant ostensibly for settling civilians from far-flung areas close to the border, are part of a strategy to enhance its military infrastructure in the area, top Indian sources said

CPEC new ray of hope for irrigation project in Pakistan

Khyber-Pakhtunkhwa (K-P) has intensified efforts for the inclusion of a key irrigation project in the second phase of China-Pakistan Economic Corridor (CPEC), which experts believe could change fortunes of nearly a million people overnight