Remittances have become an unusually large source of external finance for South Asia. But a development model in which workers migrate because domestic employment is inadequate, and then send income home to support domestic consumption, cannot indefinitely substitute for creating productive employment at home.
In 2025, Sri Lanka was ranked as the second most expensive housing market in the world based on rentals compared to average income. It is possible that market distortions caused by black economy and corruption have contributed to this.
The larger opportunity before West Bengal is therefore not another round of infrastructure creation in isolation. It is the creation of an ecosystem in which infrastructure, private capital, local enterprise and skilled labour reinforce one another.
Why not begin by reopening serious discussions with Chinese conglomerate BYD about an Indian factory? BYD is now one of the world’s dominant EV manufacturers. Its Indian ambitions were caught in the post-Galwan investment freeze. Invite it back to the table—but on Indian terms
In a visible sign of turbulence in their relationship, the visiting Chinese delegation led by Guo Yezhou, a vice minister of the International Department of the Communist Party of China (CPC) was accorded a frosty reception at Kathmandu's Tribhuvan International airport on Sunday
Pakistan Prime Minister Imran Khan said that a railway project under the China-Pakistan Economic Corridor (CPEC) will boost the country's exports by improving connectivity
US President Donald Trump has signed it into law a decision that strengthened the American policy on Tibet and reaffirmed the government's steadfast support for the Dalai Lama and the Central Tibetan Administration based in India
Concerned over the recent political crisis in Nepal following the dissolution of the House of Representatives, a high-level Chinese Communist Party (CCP) delegation arrived in Kathmandu and started marathon meetings with the top leadership of the Himalayan nation
US financial support will be contingent on Sri Lanka asserting its sovereignty “against influence by the People’s Republic of China,” and improving human rights and promoting inter religious and ethnic reconciliation, a 900 billion dollar spending bill before the congress says
With the Nepal Communist Party unity falling apart, China is sending a vice minister of the Chinese Communist Party to Kathmandu in what is believed to be Beijing's effort to assess the ground situation
A Chinese national was among four people arrested by Cyberabad police on Friday during a raid on a call centre in Hyderabad in the continuing crackdown on illegal loan apps
The China-Pakistan Economic Corridor (CPEC) is moving towards a new direction of industrial and agricultural development, which needs a proactive role by the private sector combined with technology companies, said Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood
After banning Chinese apps, India has now launched an offensive against Chinese companies trying to enter into security-related sectors
As the ruling Nepal Communist Party (NCP) is all set to split into two factions, Chinese Ambassador Hou Yanqi held talks with the top political leadership of the ruling party
The Dhabeji Special Economic Zone (SEZ) to be developed under the framework of the China-Pakistan Economic Corridor (CPEC) in Sindh province will generate $1 billion investment and provide 100,000 direct and indirect jobs for local population, a top official said
The Pakistan-China joint air exercise “Shaheen-IX” culminated on Thursday with a resolve to jointly cope with shared security challenges, said a statement released by the Pakistan Air Force (PAF)
Indian Army Chief General Manoj Mukund Naravane on Wednesday met troops deployed in harsh winter conditions at forward locations at the Line of Actual Control and reviewed the prevailing tense situation with China. General Naravane also reviewed troops preparedness at the forward location
Chinese Ambassador to Nepal Hou Yanqi has called on President Bidya Devi Bhandari following the dissolution of House of Representatives – a decision that led to the formal splitting up of the largest party in Nepal
Though living in exile for over half a century in the Himalayan foothills, the longing to see his homeland Lhasa - currently under Chinese occupation - is still fresh in the mind of an elderly globe-trotting Buddhist monk, the Dalai Lama, who resides in this north Indian hill town
