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

US Congress denounces China's 'aggression', calls territorial claims against India 'baseless'

The US Congress has expressed concern over China's “aggression” along the Line of Actual Control (LAC) - the de facto border with India - and declared as “baseless” the territorial claims by Beijing in the Himalayas

Bangladesh a role model in development: Chinese envoy

Chinese Ambassador to Bangladesh Li Jiming today said Bangladesh has become a role model in development under the great leadership of Prime Minister Sheikh Hasina, who like her father has been surprising the world through one after another national achievement

Police defuse bomb planted on Chinese restaurateur’s car in Karachi

Police and security officials on Tuesday disarmed a bomb planted on the car of a Chinese restaurant owner in Karachi's posh Clifton locality near Bilawal House

Codeword 'India' figures over 100 times in major China data leak

'India' figured over 100 times in cryptic codewords in the leaked database of the Chinese Communist Party's (CCP) employees embedded in some of the biggest global companies and government agencies

Chinese study which claimed Covid originated in India withdrawn

A study that claimed the Indian subcontinent might be the place where the earliest human-to-human novel coronavirus transmission occurred was withdrawn from the preprint platform of the medical journal The Lancet, Global Times reported recently

Chinese, Pakistani fighter planes in war games

China is carrying out joint air force exercises with Pakistan in Sindh in response to what is widely seen as the Indo-Pacific Quad exercises in which the Indian Navy participated recently

China again bails out Pakistan to pay Saudi debt

China has again bailed out Pakistan as it agrees to immediately provide $1.5 billion financing line to repay the $2 billion Saudi Arabia debt, sources told The Express Tribune

'Check the account book', Chinese envoy counters Maldives’ speaker

The Chinese envoy to the Maldives refuted Speaker Mohammad Nasheed who claimed on Friday that the Maldives will need to repay $15 million- in the next 14 days to Chinese banks

Ill-equipped Nepal security personnel patrolling Hilsa border with China

A border outpost (BOP) of the Armed Police Force was established in Hilsa five months ago, and security personnel have been patrolling the border area since

Pakistan, China air exercise Shaheen IX underway

Pakistan-China Joint Air Exercise ‘Shaheen-IX’ is underway at a PAF’s operational base since December 8th, officials said

‘Maldives needs breathing space,’Speaker Nasheed hits out at Chinese loans

The Maldives’ speaker Mohammad Nasheed on Friday came down heavily on the Chinese banks for not deferring the country’s loan installments at a time when the Maldives is facing the biggest ever downfall in its economy

Maldives seeks foreign ministers-level dialogue, resumption of flights with China

The Maldives expressed its “keen interest” to seek foreign ministers-level dialogue with China in a virtual meeting that took place on Thursday between the representatives of the two nations at the level of director-general

'India-China ties badly damaged due to Beijing's dishonesty'

India has acknowledged that India-China relations are significantly damaged and has also blamed "Beijing's dishonesty" as the reason for massive troop deployment along the Line of Actual Control in Ladakh

Pakistani exports to China witness 30% increase

Pakistan’s exports to China increased by 30% year-on-year in November 2020, improving trade balance between the two countries

Maldives, China to hold high-level talks tomorrow

The Maldives and China will hold a director-general level bilateral consultation on Thursday where the two nations would discuss, post-pandemic economic recovery, tourism among other issues to enhance the bilateral cooperation