Von Wellx, a well-known German shoe brand that was earlier operating from China, has opened up two shoe-making units in Agra
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
When Nations Employ the Expansionary Grammar of Corporate Acquisitions
China’s Belt and Road Initiative - which funded Sri Lanka’s Hambantota Port through loans resulting in a 99-year lease to Chinese State-owned enterprise in 2017 due to Colombo’s struggle to service said loans - follows the same expansionary script.
More on Economy, Trade and Development
India and three major democracies all set for naval drill in Indian Ocean
In a pointed message to China and its muscle-flexing in the South China Sea and the Indo-Pacific, the Quad countries -- an informal security forum comprising India, the US, Japan and Australia -- are all set for annual naval drill Malabar Exercise in the Indian Ocean Region beginning Tuesday
PM Imran Khan to launch 'mega CPEC City' project on Nov 18
Pakistan Prime Minister Imran Khan will launch work on a mega-development project under the China-Pakistan Economic Corridor (CPEC) in Khyber Pakhtunkhwa on November 18
Pakistan to seek China loan rollover
Pakistan has decided to seek rollover of a $3 billion Chinese trade finance facility that it has actually used to repay maturing debt and is not in a financial position to return the money when the facility expires after six months
PM Imran Khan fancies Chinese model for Pakistan
Prime Minister Imran Khan says he wants to replicate the Chinese model in Pakistan that lifted 700 million people out of poverty within a short period of 40 years
Bangladesh to China via Myanmar should be possible: State Minister for Foreign Affairs
Bangladeshi State Minister for Foreign Affairs Shahriar Alam said that he looks forward to establishing direct road and rail links with China via Myanmar, according to a report published by China's state-run Xinhua News Agency
My office committed to advocate autonomy: US special coordinator for Tibetan issues
The US has the right to have whatever meetings it wants and his office is committed to advocate the autonomy of Tibet within China, US Special Coordinator for Tibetan Issues, Robert A. Destro, has said
Exports to China help Indian aluminium producers counter lack of demand
Indian aluminium manufacturers have exports to thank for offsetting a sharp decline in domestic offtake this fiscal, a Crisil Research report has said
Next US priority is to make official its policy on Tibet: Tibetan PM-in-exile
This month's meeting between the democratically elected Central Tibetan Administration (CTA) and the US State Department was historic and recognition to the Tibetan government-in-exile that is headquartered in this northern Indian hill station
Border dispute: India, China to hold 8th military talks next week
Military delegates from India and China will hold talks for the eighth time next week to resolve the border dispute in Eastern Ladakh
Nepal's Tatopani border point with China comes into operation
Tatopani border point, a major customs point along the Nepal-China border, has come into operation from Wednesday. An isolation area has also been established in the border area amid fear of COVID-19 pandemic
Bangladesh keen on enhanced economic ties with China
Bangladesh has emphasised on trade and investment cooperation with China amid growing interest among Chinese financiers to invest in Bangladesh
Be wary of Chinese intent and actions, defence minister tells army commanders
India's Defence Minister Rajnath Singh on Wednesday cautioned Army commanders to be wary of Chinese actions at disputed borders and their intent during military talks
India, US commit to maintain free and open Indo-Pacific; Quad moving towards military alliance
India and the US reiterated their commitment to maintain a free and open Indo-Pacific region in a direct challenge to China's "aggressive" and "expansionist" moves in the South China Sea
US will provide any support to India as 'deterrence' against China: Pompeo
In an unequivocal message to Beijing, US Secretary of State Mike Pompeo said on Tuesday that Washington will provide any support to India as "deterrence" against China
