Malé has been facing a liquidity crisis. Last year, India rolled over $100 mn worth of loans, while offering roughly $750 mn in currency swap lines to support neighbouring country.
India is concerned recent trade pacts signed by the Maldives will likely hurt the archipelago's cash-strapped economy, the Indian foreign ministry said on Friday, in a reference to agreements between the Maldives and China,
The annual Kailash Mansarovar yatra will resume this summer. For Hindus Mount Kailash in Tibet is a sacred place believed to be the abode of Lord Shiva. A dip in the Mansarovar lake's icy cold waters is said to wash away the pilgrim's sins.
India and China have agreed to resume direct air services after nearly five years, India's foreign ministry said on Monday (Jan 27), signalling a thaw in relations between the neighbours after a deadly 2020 military clash on their disputed Himalayan border.
India and China have agreed to resume direct air services between the two countries, New Delhi said in a statement on Monday after Foreign Secretary Vikram Misri visited Beijing.
The hydropower dam, in quake-prone Tibet, is set to be the world’s biggest. But China has said little about the project, which could affect nearby countries.
If Beijing built too much infrastructure, New Delhi built too little. But the flashy new metro systems in smaller cities are an exception
It was the latest thaw in relations between the two countries, whose troops were involved in deadly skirmishes high in the Himalayas in 2020.
After a recent diplomatic breakthrough, both India and China have come out with their statements. A careful reading reveals interesting convergences and divergences on various key issues. Take a look.
Mainland China and India have not been connected by direct passenger flights for almost five years. But relations between Beijing and New Delhi have started to thaw after several high-level meetings.India and China agreed on Monday to resume direct passenger flights between the two countries,
India faces significant risks due to heavy reliance on Chinese imports across several sectors, posing threats of supply disruptions and economic instability. To mitigate these risks, India aims to bolster its manufacturing sector and attract both local and foreign investments,