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IMF’s Map of a Broken World has one Exception - India’s Growth and Resilience

India's contribution to the improved global growth outlook extends well beyond the immediate AI boom or the performance of energy-exporting economies. The IMF's assessment points instead to a combination of domestic demand, demographics, market expansion and structural reforms as important drivers of India's longer-term prospects.

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Colombo Stock Exchange closed for five days after Sri Lanka defaults on loans

Since 2020, after the pandemic began, Sri Lanka’s central bank has printed over two trillion rupees, in a move to keep interest rates low. This, however, resulted in a balance of payment crisis and also drove up inflation and stock prices (asset price inflation).

After MCC, US to provide $659 million to Nepal under USAID amid growing rivalry with China

While the US’ renewed interest in Nepal, a traditional battlefield of influence between India and China, is evident from the MCC agreement and increased bilateral engagements and assistance offers, Nepal may struggle to satisfy the security concerns of a newly assertive China

Maldives includes sign language for broadcasting parliament session

Sign language will be used in all the sessions from Monday, 18 April onwards, as well as any significant interviews as well, said Hassan Ziyaau, the Communications Director for Parliament.

Pakistan: Amnesty demands release of arrested activists who criticised government on social media

Amnesty International called for the government to 'immediately and unconditionally' release the eight people arrested across Punjab. The rights group also asked the government to end its 'repressive crackdown'.

Amid depleting forex, Nepal urges non-resident Nepalese to open dollar accounts

From the $800 million in surplus in February last year, the balance of payment recorded a deficit of $2.03 billion in the first seven months of this fiscal [Between July to February].

Eight Pakistan soldiers killed in two attacks as TTP violence increases

Terrorist violence has been on rising in Pakistan, with militants mounting several attacks on security forces, especially in the country’s volatile northeastern region bordering Afghanistan

Neighbourhood First policy in motion: India's Inter-Ministerial Group discusses ties enhancement, better connectivity

There was no specific reference to Pakistan, given its political transition and government changeover, but Pakistan's inclusion in the neighbourhood thrust for the first time by India has been noted by South Asian observers

Pakistan Army says General Bajwa to retire this year; refutes Imran Khan’s ‘foreign conspiracy’ theory

'The future is democracy and there will never be a martial law in the country.' Maj Gen Iftikhar said.

Blinken congratulates Pakistan PM Shehbaz Sharif, says US values ties

Unlike his predecessor, Imran Khan, who was engaged in public criticism of the US and its policy in the region, Sharif is looking for mending ties with the US—something the country’s powerful military has also advocated

Sri Lanka to start talks with IMF next week, seeks up to $4 billion in assistance

“What we have very categorically stated, across the board, is that we will honor our debt,” he said. “The commitment is there, the desire is there, but we don’t immediately have the funds to disburse.”

Sri Lanka: World Bank approves $10 mn emergency grant for essential drugs; $500 mn more in line

On Sunday the Sri Lanka Medical Association (SLMA) said that all hospitals in the country no longer had access to imported medical tools and vital drugs. In a letter sent to President Gotabaya Rajapaksa, the association said, “We are made to make very difficult choices. We have to decide who gets treatment and who will not.”

Take ‘immediate’ and ‘irreversible’ actions against terrorism: US, India tell Pakistan in the joint statement

“The Ministers called on Pakistan to take immediate, sustained, and irreversible actions to ensure that no territory under its control is used for terrorist attacks,” reads the joint statement released by the US Embassy in India, New Delhi.”

New thrust to South Asia: India to ensure more coordinated response to neighbourhood crises

'The IMCG provided a comprehensive direction with a whole-of-government approach to promote better connectivity, stronger interlinkages and greater people-to-people connect with our neighbours,' MEA spokesperson Arindam Bagchi said in a tweet

Pakistan cracks down on online campaigns targeting army and judiciary after Imran Khan's ouster; several arrested

The crisis, which was purely political in nature, is being sought to be painted as a national security crisis by former prime minister Khan, whose supporters range from the lower-income group to the upper-middle-class urban elite for whom Imran Khan, a former World Cup-winning cricket captain, remains a folk hero

Maintain risk-free foreign debt limit: Bangladesh PM Hasina directs officials after Sri Lanka announces debt defaults

The crisis in Sri Lanka has sparked a debate in several countries in the region about the sustainability of their foreign debts, much of it coming from China