The days of “benign neglect” of our exchange rate policy are over. Nepal’s macroeconomic fundamentals — record reserves, stable remittance inflows, a gradually diversifying trade base — have quietly put in place the foundation for reform. What is missing is the political will to act on it.
The major bilateral issue is border security and management. While India claims that millions of Bangladeshis enter India illegally, reside and work here, Bangladesh dismisses that contention outright, saying that as their per capita income was higher than India’s, there was no reason for economic migration from Bangladesh to India.
The Indus and the Ganges are dying slowly, and with them disappear species that evolved over thousands of years within these waters. If current patterns continue, future generations may inherit rivers that exist geographically but are biologically empty. South Asia still has an opportunity to reverse this trajectory, but only if environmental protection becomes a shared regional priority rather than an afterthought.
Nearly 80% of Asia’s energy imports and a large portion of global container traffic move through the Indian Ocean. With conflicts in the Middle East, disruptions in the Red Sea, and increasing great-power competition, freight security has become a strategic economic issue. Sri Lanka is positioning itself not merely as a recipient of investment, but as a regional connector between South Asia, Southeast Asia, and island maritime states.
The progression from Purab Aur Pachhim to Dilwale Dulhania Le Jayenge to Dangal is not a neat policy timeline. It is something subtler: a cultural echo of India’s journey from caution to engagement to assertion. The shift is not just in policy documents or diplomatic speeches; it is embedded in how stories are told, how characters behave, and how audiences respond.
Against this backdrop, in 2025, India, Sri Lanka, and the UAE signed a trilateral Memorandum of Understanding to jointly develop Trincomalee. The agreement, involving the Indian Ministry of Petroleum and Natural Gas, the UAE Ministry of Investment, and Sri Lanka’s Ministry of Energy, was designed to enhance Sri Lanka’s energy security and integrate the country into regional energy networks.
Pakistan’s attempt to position itself as a peace broker in the Middle East may generate headlines, but it does little to advance the cause of stability. If anything, it underscores a larger truth: in high-stakes geopolitics, perceived neutrality without proven credibility is not an asset—it is a liability.
India’s leadership in global forums such as BRICS and the G20 further enhances its ability to bring together diverse stakeholders. Simultaneously, its role as a prominent voice of the Global South enables it to advocate for peace without appearing aligned with any specific
Expanding the arc of aerial/missile destruction to the Bab el-Mandeb would irreparably threaten the last viable option for Gulf oil exports and a regional war will soon cascade into an ‘epic’ global crisis. Ironically, the tally of death and destruction is barely mentioned and the war sanitized to a daily video ritual. Scroll and move on. Sagacious global leadership is absent when it is most needed and a discerning global civil society has been paralyzed by the unending Trump theatrics.
Given that Nepali citizens enjoy national treatment in India, greater enrolment in higher education institutions across Uttarakhand, Uttar Pradesh, Bihar, and West Bengal should be encouraged. India must remain the first responder to Nepal’s needs at all times. Sustained cooperation and mutual trust can help realise the vision of “Viksit Nepal” alongside “Viksit Bharat.” Regional frameworks such as SAARC, BBIN, and BIMSTEC should be leveraged to strengthen Nepal’s alignment with India across international platforms.
Balendra Shah’s rise as Prime Minister of Nepal represents a defining moment in the country’s contemporary political evolution. It signals a break from traditional party dominance and the emergence of a new political language shaped by youth aspirations and digital mobilization. At the same time, it introduces new uncertainties into Nepal’s regional relationships, particularly with India and China, both of whom will closely monitor Kathmandu’s evolving foreign policy orientation.
Since August 2024, Pakistan’s military establishment, its intelligence apparatus, and associated actors—including Turkey’s MIT—have allegedly been involved in sending weapons and explosives into Bangladesh. These materials are believed to have ended up in the possession of pro-Yunus loyalist mercenaries as well as various extremist groups, including Ansar Al Islam, a local affiliate of Al Qaeda.
Our shared values should call for appreciating others’ needs, endowment and expectations. In the closest proximity as ours, should there be difficult or sensitive issues, those can – and ought to be – addressed forthright in all sincerity and candour, be in trade, security or sharing natural resources.
The conflict in Iran, in this context, is acting as the moment of revelation. It is showing us what kinds of energy systems are still structurally dependent on distant chokepoints, and what kinds of energy systems are starting to build the foundations for resiliency much closer to home. The trajectory of the Pakistani experience, while still in its early stages, may represent the beginnings of an alternative model, one in which decentralization and renewables are key to managing global instability.
Sri Lanka’s political debate has long revolved around spy narratives, often casting suspicion on India and the United States. Yet, this fixation risks obscuring a more pressing reality. CrowdStrike’s 2025 Global Threat Report identifies Chinese espionage agencies as the most active worldwide, surpassing even the CIA. In 2024, China’s cyber operations expanded by 150 percent, while attacks on financial services, media, manufacturing, and industrial sectors surged by 200 to 300 percent compared to the previous year.
As Imran Khan enters his seventies behind bars, the stakes extend far beyond his individual fate. Should his detention continue—or worse, should harm befall him in custody—the consequences could be explosive. Public anger, already simmering, may erupt into widespread unrest, challenging the state’s ability to maintain control.
Bangladesh has survived partition, the liberation war, famine, floods, military coups, and democratic collapse. It has always returned. But returning is not the same as resolving. Fifty-six years after independence, the founding paradox remains: a nation whose birth is still debated cannot fully inhabit its future. The gun salutes will be loud and unambiguous. The questions they echo, however, about what Bangladesh is, who founded it, and whose vision should guide it, remain, as they have always been
For India, this raises complex challenges. Historically, India has positioned itself as a strong advocate of anti-colonialism and sovereignty. However, in the current context, its responses have often appeared measured and cautious, despite the direct implications for its interests—ranging from energy security and regional stability to strategic initiatives such as connectivity through Iran.
For India, the failure is particularly significant as its presidency was an opportunity to translate “strategic autonomy”, the current buzzword in foreign policy circles, into multilateral leadership. True, its response is shaped by structural constraints. The country imports more than 85% of its crude oil, much of it from West Asia and Russia. Some nine million of its citizens live in the Gulf. The United States is its largest trading partner. Iran anchors the Chabahar port project and India’s access to Afghanistan and Central Asia. Each relationship is too consequential to risk.
