India Foreign Exchange

South Asia's Balance of Payments Challenge: The Changing Dynamics of External Balances in South Asia

South Asia remains one of the least integrated regions in the world despite geographical proximity and complementary economic structures. Greater regional trade, improved transport connectivity, cross-border electricity markets, digital payment systems and investment partnerships could substantially reduce external vulnerabilities. 

India's Employment Debate: A Future With Plenty of Work, But Fewer Jobs

Between 2004 and 2023, India produced roughly five million graduates every year, but graduate employment increased by only around 2.8 million annually. Even fewer obtained salaried employment. Millions are either unemployed or working below their qualifications or in the waiting room for the elusive government job. 

How Sri Lanka Missed the Opportunity to Become a 200-billion dollar economy

Policy instability during the 2015-2024 likely pushed back Sri Lanka’s path towards becoming South Asia’s first High-Income Country. The 2022 financial crisis would never have happened as stable growth during the first half of 2015–2024 would have built enough buffer to weather impact of the Covid pandemic 

More on Economy, Trade and Development

India-China ties at crossroads; China's hegemony in Asia unacceptable: India

India on Thursday said that Chinese hegemony in Asia is unacceptable. Addressing scholars at the 13th All India Conference of China Studies, External Affairs Minister S. Jaishankar said, "The India-China relationship is today truly at a crossroads

China's top legislator, Pakistan's National Assembly Speaker hold talks

China's top legislator Li Zhanshu held talks with Asad Qaiser, Speaker of Pakistan's National Assembly, via video link

Joint China-Pakistan parliamentary panel to oversee CPEC

Pakistan and China have decided to form a joint parliamentary committee for “effective oversight” and “monitoring” of the projects under the China-Pakistan Economic Corridor (CPEC)

China to donate 300,000 doses of its vaccine to Sri Lanka

China will donate 300,000 coronavirus vaccine doses to Sri Lanka following a request made by the island nation’s government

Pick up the pace of work on CPEC projects, Pakistani ministries told

A cabinet body overseeing the implementation of the China-Pakistan Economic Corridor (CPEC) on Tuesday directed the ministries to remove irritants for fast-paced execution of the projects and gave them a stern warning that if the task was not completed within a week they would face the music

Pakistan, China launch new venture

Pakistan and China on Tuesday embarked on a new venture as they established the first agricultural and industrial cooperation information platform in an attempt to promote in-depth business-to-business cooperation between the two countries

India, China agree to push for early disengagement at disputed border

India and China have agreed to push for an early disengagement of the frontline troops at disputed border areas across Line of Actual Control, the Ministry of Defence said on Monday

Indian, Chinese soldiers clash, many injured

Indian and Chinese soldiers clashed at Naku La in North Sikkim last week with many injuries reported, said a government source

China's intrusion in Ladakh rooted in Beijing's Middle Kingdom mentality: Tibetan Authority leader

China's intrusion into Ladakh is rooted in Beijing's Middle Kingdom mentality and the five-finger strategy of Mao Zedong for the region, says Lobsang Sangay, President of the Central Tibetan Authority (CTA)

Maldives to revive bilateral talks with China; resumption of Chinese tourism

The Maldives and China are set to hold the seventh round of the bilateral talks on Tuesday virtually

Why Chinese involvement in financial frauds in India is alarming

Within a span of 15 days, two major financial fraud cases involving Chinese nationals have come to the forefront

How China shot itself in the foot over vaccine for Bangladesh

Four days back Bangladesh received two million doses of vaccines from India as a gift

India, China hold 16-hour long inconclusive talks

India and China held marathon 16 hour-long military talks to resolve their ongoing border dispute and thinning of forces along the Line of Actual Control in Eastern Ladakh, a government official said

Two Chinese nationals held by anti-terror squad in Uttar Pradesh

Two Chinese nationals, identified as Xu Xunfu a.k.a July and Li Teng Li a.k.a Alice, have been arrested by the Uttar Pradesh Anti-Terror Squad (UPATS) from Gautam Buddha Nagar, following a red corner notice issued against them by the Interpol

Instant loan apps scam in India - the Chinese link

A month after the Telangana Police began the crackdown on illegal instant loan apps following suicide by five persons, the investigation showed a deeper Chinese link to the scam