Currently, another organization called Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is gaining importance in which several countries including India, Bangladesh, Bhutan, Nepal, Sri Lanka, Myanmar and Thailand are associated. It is creating a connection between South Asia and Southeast Asia, where Pakistan and Afghanistan are not included. India is currently focusing on BIMSTEC instead of SAARC
The poor performance of Pakistan’s currency is primarily driven by rapidly depleting foreign exchange reserves, which currently stand at $15.95 billion. This amount is well below the three-month import threshold and significantly lower than Bangladesh’s $25.31 billion. Low reserves restrict the central bank’s ability to intervene in currency markets, leading to increased exchange rate instability.
The Afghan refugee crisis in Pakistan is a complex issue. A situation that has evolved over four decades cannot be resolved in four years. Moreover, the refugees have integrated into Pakistani society not only due to religious and cultural similarities but also because their children, born in Pakistan, have never visited Afghanistan. They know Pakistan as their home.
Works by Ali Kazim from Pakistan and Tayeba Begum Lipi from Bangladesh, besides Sri Lankan talent contributors featured in The Arts Trail, six exhibitions highlighting upcoming and renowned South Asian artists. The series, organized by Sri Lankan-based ARTRA magazine, explored themes from war to nature’s beauty.
Even though prices of solar and other clean energy are falling rapidly, the level of global electricity production from coal and gas has not changed significantly. Countries that attended COP28 in Dubai returned after making history. Countries attending COP29 in Baku may end up wondering about the future of that history.
Militant groups are proliferating at an alarming rate. The last U.N. report on Afghanistan named scores of militant groups setting up house in Afghanistan, destabilizing an already fragile region. Well known among them is the Islamic State and the Tehrik -e-Taliban Pakistan as well as scores of lesser known militant groups. These groups are populated by militants with a grudge against China, Pakistan, the United States, Russia and India.
The problem with the payment started following the ouster of the Sheikh Hasina government in August. Amid economic and political instability, forex-starved Bangladesh was paying around $20-40 million against a monthly bill of $90-100 million. This impacted Adani’s ability to procure coal for power generation and make obligatory payments. Adani had warned Dhaka to settle the bills
With almost all the senior politicians out of the poll arena, this election represents a generational shift in Sri Lankan politics with a surge of young leaders and a voting population increasingly vocal about breaking free from established political figures and their entrenched practices. The results of the election will likely set the stage for a broader transformation of Sri Lanka’s governance, reflecting the growing demand for new political dynamics led by the country’s younger generation.
The trip - coming as it does on the heels of German Chancellor Olaf Scholz's visit to New Delhi with a large delegation - is a reflection of Europe's increasing desire for greater collaboration with India. And growing Indo-Spanish trade and economic ties may expand further cooperation in commerce, investment, research, technology, education, defense, and security between Europe and India.
Money is an integral part which ensures criminalisation of the political space remains dominated by many such non-state actors without much criticism and conflict. Corruption and the flow of money into politics, therefore, becomes codependent enabling a seamless structure that is vulnerable to uncontrolled hegemony and unlawful domination.
A new narrative then emerges and multiculturalism starts to be perceived as a disruptive force with a contrary ideology that poses a credible threat to the Western worldview. Immigrants are perceived as foreigners, who are disrespectful of the prevailing cultural unity by asserting – even imposing – an alien way of thinking and behaving.
The Biden administration has taken a relatively low-key approach compared to Canada, but it will continue to be an irritant in India-US relations and could balloon in a Harris administration.
In India, HT's message poses particular risks. India has a sizable Muslim population which exceeds 200 million, and around 47 percent of it consists of a young population under the age of 19. Socio-economic challenges of the community make the youth population vulnerable to the group's radical propaganda. This is especially concerning as India grapples with its own extremist threats.
It is estimated that about 37% percent of the world’s 1.1 billion multi-dimensionally poor people live in South Asia. And an estimated 272 million poor people in the region live in households with at least one undernourished person.
For India, its adoption of The Kazan Declaration represents yet another significant turning point. The Kazan Declaration is anticipated to support the BRICS countries' joint endeavours to tackle global concerns, ranging from security to economic development, and to demonstrate the group's increasing global clout.
The broader message of the Sino-India pact is clear: the world is moving toward a multipolar order where the dominance of Western powers is increasingly being challenged by the rise of nations like China and India. This agreement exemplifies the ability of non-Western nations to resolve their conflicts without Western interference
China has been saying that the border question should be left separate from the bilateral relationship, implying it should be kept on the back burner. Resumption of patrolling in Ladakh, in whatever form, will be good, But the reversion to pre-April 2020 posture by China is out of the question.
Nepal made history with its 2007 judgment, becoming the first South Asian nation to formally register same-sex marriage, with a trans woman and a gay man legally marrying in the Lamjung district. It also passed affirming laws regarding sexual orientation and gender identity, including the legal recognition of a third gender over ten years ago, placing Nepal ahead of many other countries.
