BRICS finance

Beyond De-Dollarisation: Payment Diversification and Debt Resilience for Global South Nations

India could potentially become a bridge between regional economies and the wider Asian and Global South payment architecture. Greater interoperability could support remittances, tourism, trade and financial inclusion while reducing some transaction costs.

Critical Minerals: The New Oil of the 21st Century?

Critical minerals are not literally the new oil, but they may play a comparable role in defining the balance of power. The race has already begun, and India’s preparedness will determine whether it merely secures access to the resources of the new century or helps shape the industrial order that emerges from them.

Trade Pivot Weakens Pakistan’s Grip on Afghanistan, as Others Move in

Afghanistan has sought to limit or reduce its structural vulnerability by moving trade through Iran’s Chabahar Port and Central Asian corridors. Kabul is realigning Afghanistan’s external economic geography by looking towards Iran, Central Asia, China and India.

India's Sugar Economy and Ethanol Politics: The Demand-Supply Imbalance Threatens to Mar Festival Season

The current rise in Indian sugar prices is the result of several factors rather than ethanol alone. Lower-than-expected production—from an initial estimate of 343 LMT to about 306 LMT—is central to the supply concern. Weather damage, disease, festival demand, global prices and market speculation have added to the pressure.

More on Economy, Trade and Development

Modi deletes Weibo account as country bans 59 Chinese apps

Indian Prime Minister Narendra Modi on Wednesday deleted his account on Chinese social media app Weibo that had nearly 244,000 followers, after the country banned 59 Chinese apps over national security concerns

India, China stress need for stepwise de-escalation at LAC

Amid the ongoing tension on the borders in eastern Ladakh, India and China have emphasised the need for an expeditious, phased and stepwise de-escalation as a priority, sources said on Wednesday

China deploys two more divisions of troops across LAC

Even as Indian and Chinese militaries talk to de-escalate and disengage at borders in eastern Ladakh, Indian intelligence agencies said on Wednesday that Chinese People's Liberation Army has brought in troops of two more divisions across Line of Actual Control at disputed areas

India, China military talks went on for 12 hours

Talks between the Indian and Chinese military delegates to resolve the border issue in Eastern Ladakh went on for around 12 hours, sources said

IIT Alumni Council bans Chinese software

The IIT Alumni Council has announced elimination of Chinese systems and software in all its initiatives, including MegaLab

Chinese company allowed exploration in Balochistan

The Balochistan government in Pakistan has allowed Chinese firm Metrological Construction Company of China (MCC) — registered locally with the name of Saindak Metals Limited (SML) — the exploration and development of East Ore Body in Saindak lease area and the company has been issued an NoC for the purpose

Pakistan receives $1.3 billion loan from China

Pakistan received the much-awaited $1.3 billion in commercial loan from China, helping Islamabad achieve the foreign exchange reserve target of around $12 billion by the end of fiscal year 2019-20

Indian, Chinese militaries hold talks to resolve border issue

Talks between top Indian and Chinese military delegates started on Tuesday morning to resolve the border issue in eastern Ladakh

Concerned over ban on Chinese apps, Beijing reaches out to India

China on Tuesday reached out to India, expressing anxiety about the ban imposed by the Indian government on popular Chinese mobile applications like TikTok and WeChat, among others

Stoppage of China-origin IT consignments hits business

The ongoing tension between India and China amid the coronavirus lockdown has come at a considerable cost to the economy

India's ban on 59 Chinese apps: Millions affected

With the Indian government announcing to ban 59 Chinese apps, millions of users were in a flux on Tuesday as some of those popular apps were still there on their smartphones and available for downloads, barring TikTok and Helo which disappeared from both Google Play Store and Apple App Store

Will comply with India ban, not sharing user data with China: TikTok

Chinese short-video making app TikTok on Tuesday said it is in the process of complying with the Indian government order to ban 59 Chinese apps, including TikTok, and is not sharing any data of Indian users with the Chinese government

India-China military delegates to meet again to resolve border issues

Amid tension at the borders, top Indian and Chinese military delegations will meet for the third time on Tuesday in Chushul in Leh district, sources said

Tibetan exile administration supports call against China

The Central Tibetan Administration (CTA) in Dharamsala on Monday supported last week's call to the UN Human Rights Council (UNHRC) experts to take urgent measures against Chinese violations

Strict scrutiny of Chinese imports affects industries

With the Modi government taking a tough stand on imports from China amid the border tensions, several industries that depended on inputs from that country are facing delay in getting their supplies as the goods are held up at ports and airports and are being subjected to stricter customs scrutiny