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Sri Lanka’s Indirect Taxes are Among the Highest in the World: Negatively Impacting Middle Class

Sri Lanka is already seeing signs of higher inflation together with expected slowdown in overall GDP growth during next two years. But the worst impact is going to be gradual shrinking of the middle class and increase in poverty.

Building ASEAN–India Integration Through Digitalization: A Bridge to Strengthen Economic Relations with Southeast Asia

ASEAN–India integration through digitalization is therefore not merely a technical choice. It is a strategy to strengthen competitiveness, expand economic self-reliance, and build a stronger position within the Indo-Pacific economic order.

India's Poverty Reduction: But Is It Translating into Shared Economic Prosperity?

India has demonstrated that economic growth, social transfers and improved access to essential services can substantially reduce extreme deprivation. But the next stage will be considerably more demanding. It requires a different pattern of growth: one that creates productive jobs, raises real wages, increases women's economic independence and distributes the gains from growth more widely

India Growing Rapidly, Yet Youth Restlessness and General Pessimism Remains a Paradox

Youth restlessness must be understood against this background. Families have invested in education, often through considerable sacrifice. Qualifications raise expectations of economic mobility. When stable employment remains elusive, disappointment is understandable.

More on Geoeconomics, Trade and Development

Chinese brands fear acute shortage, price hike as containers stuck

Smartphone brands in India on Thursday said that if their containers carrying essential parts, components and accessories from China are not cleared by customs soon, there will be massive shortage and end users will only suffer

China says India betrayed accords, consensus

China on Thursday once again claimed the violent face-off along the Line of Actual Control (LAC) in Ladakh was caused by India's "betrayal of consensuses and unilateral provocations" and that it "took place on the Chinese side"

Chinese guests not allowed in Delhi budget hotels

Chinese nationals will not be able to access budget hotel or guest house accommodation in the national capital, as the tussle between the Asian giants has led to an avalanche of anti-China sentiment in India

PLA troops return to Galwan Valley, defying mutual consensus to disengage

Defying the agreed mutual consensus to disengage, Chinese People's Liberation Army troops have returned to Patrolling Post 14 on the Line of Actual Control in Galwan Valley in eastern Ladakh where the barbaric June 15 attack, in which 20 Indian Army soldiers were killed, occurred

China and Afghanistan join hands against COVID-19 in strengthened BRI cooperation

While COVID-19 continues spreading around the world, world economies all face huge challenges. A few days ago, China successfully held the High-Level Video Conference on Belt and Road International Cooperation

India's Reliance Jio praised as 'clean' by US for spurning Huawei

While ramping up the international campaign against Chinese telecommunications manufacturer Huawei, US Secretary of State Mike Pompeo has declared India's Reliance Jio a "clean" network for not using the Chinese company Huawei's equipment, keeping it safe from Beijing's intelligence intrusions

Tibetan refugees in Ladakh come out strongly in India's support

As the situation is unfolding along the Line of Actual Control (LAC) in Ladakh, a groundswell of support for India has come from a small group of Tibetan refugees in Leh

What does Nepal PM have to say about ‘encroachment by China’?

While the Prime Minister has been trying to spark nationalism by alleging Indian encroachment in border areas with the southern neighbour in order to divert attention from allegations of poor governance, corruption and questionable handling of the coronavirus crisis, he has not uttered a word on encroachment of Nepali land by the northern neighbour, The Himalayan Times asked

Pakistan Army chief meets Chinese Army delegation, lauds Beijing's support

Pakistan's Chief of Army Staff General Qamar Javed Bajwa on Tuesday lauded Beijing's assistance to Pakistan for tackling the coronavirus, during a meeting with a delegation of the Chinese Army, the military's media wing said

India, China military reach consensus to disengage

After 11 hours-long corps commander-level talks between India and China, Indian government sources on Tuesday said that the dialogue was held in a cordial, positive and constructive atmosphere and there was a "mutual consensus to disengage"

China occupies Nepal village, land; Deafening silence from Oli government

China has occupied a village of Nepal and allegedly removed the boundary pillars to legitimise its annexation, top government sources said on Tuesday

Chinese transgressions must end, say people living at LAC in Ladakh

The dominant sentiment among the people living near the LAC in Ladakh is that China must not get away with its transgressions

Chinese test kits incompatible with most Nepali laboratories

The polymerase chain reaction (PCR) test kits procured by the Nepal Army from China are incompatible with most testing machines in the country, according to the Health Ministry officials

China to submit reports on COVID-19 recommendations to Bangladesh

China will submit four specific reports to Bangladesh containing recommendations on how Bangladesh can better deal with the coronavirus situation

Stricter scrutiny for Chinese investments in the offing

The Indian government is said to be mulling a plan to frame stricter and thorough scrutiny of investments from China, which use indirect routes to reach India

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