BRICS finance

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

India launches drive against clandestine entry by Chinese firms

After banning Chinese apps, India has now launched an offensive against Chinese companies trying to enter into security-related sectors

Chinese envoy holds talks with Nepal's top leadership

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

CPEC economic zone to generate $1bn investment in Pakistan's Sindh

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

Pakistan-China joint air exercise culminates

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 visits forward locations at LAC with China

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 envoy Yanqi meets Nepal President Bhandari amid NCP crisis

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

Longing to see 'homeland' still fresh in Dalai Lama's mind

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 seeks additional guarantees from Pakistan for $6b new loan

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 envoy appreciates Pakistani staff working on CPEC projects

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

CPEC achieves major progress despite COVID-19: Pakistani official

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

Chinese envoy hails Pakistan’s role for regional peace

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

51% in rural India say COVID-19 is a Chinese conspiracy

More than 51 percent of respondents in rural India perceive the Covid 19 pandemic to be a "conspiracy by China"

‘CPEC no threat to British interests’

The China-Pakistan Economic Corridor (CPEC) is not a threat to British interests, said British High Commissioner to Pakistan Christian Turner. “I am always very clear about CPEC

Nepal's Hilsa, Lapcha border points with China opened for a day after 10 months

On Sunday, Hilsa and Lapcha border points in Humla district were opened for a day after 10 months of closure due to the coronavirus pandemic. The borders were closed again on Monday

Pakistan-China joint air exercise vital to increase combat readiness: Pakistan Army chief

Chief of Army Staff (COAS) General Qamar Javed Bajwa visited on Friday an operational base of Pakistan Air Force (PAF) to witness Pakistan-China joint air exercise, titled “Shaheen-IX”, according to the military's media wing