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EIB grants €20 mln loan to the Maldives

European Investment Bank (EIB) has agreed to provide a €20 million loan to the Maldives to help sustain SMEs operating in the tourism and industry sectors of the Maldives

Missing Indian High Commission staffers released by Pakistan police

Two Indian High Commission staffers in Pakistan, who were presumed missing since Monday morning, have been handed over to Islamabad's Secretariat police station late on Monday night

Flood of overseas calls to spearhead anti-India hate campaign in Punjab, allege Indian intelligence

In a bid to rekindle the Khalistan movement, separatist Sikh groups based in Canada and the US are being promoted by Pakistan's Inter-Services Intelligence (ISI) to spearhead an anti-India hate campaign

Bangladesh made great strides in renewable energy

Bangladesh has made great strides in power generation in the last decade as about 95 percent of its population now have the access to electricity, thanks to the government's attention to renewable energy sources along with the conventional sources, says a global report

Two Indian mission staffers arrested in Pakistan

The two Indian High Commission staffers in Pakistan, who were presumed missing since Monday morning have been arrested by Pakistani police for their alleged involvement in a road accident in Islamabad

Pakistan to allow Afghan exports but with new conditions

After three months Pakistan has opened its routes for Afghan goods which can be sold in Pakistan or be transferred on to India, but with some new restrictions, according to an official from the Ministry of Industry and Commerce

EU provides €39m to boost Afghanistan coronavirus response

As part of the EU’s global coronavirus response, an EU Humanitarian Air Bridge flight will depart on 15 June from Maastricht, Netherlands to Kabul, Afghanistan

Maldives economy expected to improve in 2021: World Bank

The World Bank has predicted that the Maldives economy will increase between 7.9 to 8.5 percent in the upcoming year

Maldives announces rescue flights from India, Nepal

The Maldives Ministry of Foreign Affairs confirmed that repatriation flights were set confirmed to bring back Maldivians stranded in India, Nepal and Malaysia to global lockdown measures imposed to contain the COVID19 pandemic

'Bangladesh’s stimulus package second-highest among peer countries'

Bangladesh's stimulus packages aimed at mitigating the impact of the coronavirus pandemic are one of the highest among a selective group of countries in Asia, according to a government paper

Nepal House passes bill on new map with territory claimed by India; New Delhi calls it violation

Nepal's House of Representatives in on Saturday passed a bill on its updated political-administrative map, which includes parts of Indian territory, evoking a sharp response from New Delhi

COVID-19 pushing millions of South Asians into poverty

Of the 176 million people expected to be pushed into poverty by the coronavirus crisis, two-thirds are in South Asia, warned a World Bank report released this week

Sri Lanka expedites US$191mn India-financed rail, power deals

Sri Lanka has cleared the way for 191 million dollars of India financed deals to go ahead while President Gotabaya Rajapaksa had also invited the neighboring country to invest in Colombo port, another long-delayed project

ITFC loan will make foreign currency flow more manageable: STO

Government company, State Trading Organization (STO) has stated that the USD loan issued to the company by the International Islamic Trade Finance Corporation (ITFC) will make the management of foreign currency in the Maldives amid the current economic downturn easier

Symbiotic India-Nepal ties souring into bitterness

For years India and Nepal have had close relations with each other -- geographically, culturally, historically, religion, but now tension is all-pervasive all along the India-Nepal border