The South Asia Subregional Economic Cooperation (SASEC) Program, set up in 2001, brings together Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal and Sri Lanka in a project-based partnership to promote regional prosperity by improving cross-border connectivity, boosting trade among member countries, and strengthening regional economic cooperation. Since 2001, SASEC countries have implemented 46[2] regional projects worth over $9 billion in the energy, transport, trade facilitation, economic corridor development, and […]
New Delhi: As a challenge to China’s ambitious ‘One Belt One Road’ (OBOR) project, India has decided to speed up ‘South Asian Sub-Regional Economic Cooperation’ (SASEC). The Cabinet has approved the sanction of 1630 crore rupees for the construction of the highway from Imphal to Moreh at the border of Myanmar. SASEC is an important […]
Beijing – India had promised to remain neutral in the South China Sea dispute. However, India has reneged on its promise. Chinese analysts have alleged that India is provoking China by conducting naval drill with Singapore navy in South China Sea. Not only this, but Chinese analysts have also claimed that the ‘Freedom Corridor’ which […]
Vesākha (Pali; Sanskrit: Vaiśākha), also known as Buddha Purnima and Buddha Day, is a holiday observed traditionally by Buddhists on different days in India, Sri Lanka, China, Japan, South Korea, Taiwan, Nepal, Tibet, Bangladesh, Bhutan, Indonesia, Singapore, Vietnam, Thailand, Cambodia, Laos, Malaysia and Myanmar and in other places all over the world. Sometimes informally called […]
Brussels / Beijing : The ambitious ‘One belt One Road’ plan which the Chinese President Xi Jinping had announced four years ago, has started receiving jolts in Europe. The European Union (EU) has asked to review the railway project which is a part of the ‘One belt One Road’ plan. There has been a possibility of […]
Bengaluru: Indian Air Force will shortly induct an entirely indigenous ‘Airborne Early Warning and Control System’ (AEW&C), technology that immediately alerts the intrusion of enemy planes, cruise missiles and radars into the Indian airspace. This system has been developed by the Defence Research and Development Organisation (DRDO) and has been named as the ‘Eye in […]
New Delhi : A civil nuclear cooperation pact may probably be signed this week between India and Vietnam. The President of Vietnam’s National Assembly, Nguyen Thi Kim Ngan is on India visit. This pact may be signed during this visit. The Indian Prime Minister was on Vietnam visit in September. During this visit, the decision […]
The South Asian Association for Regional Cooperation (SAARC) is regional intergovernmental organization and geopolitical union in South Asia. Its member states include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka. SAARC compromises 3% of the world’s area, 21% of the world’s population and 9.12% of the global economy, as of 2015. Source […]
Mumbai – Having secured the development project of the strategically vital ‘Chahbahar’ Port in South-eastern Iran, India is keenly eyeing the Payra Port project in Bangladesh. China’s aggressive posturing in the Indian Ocean has been a matter of grave concern and India is actively working on countering same. China is currently developing Colombo Port in […]
A report published by World Gold Council few days back states investments in Gold as commodity on international level are soaring. It declares gold as the best investment option. Gold prices have soared by almost 20% in last few months as stated in WGC’s report. Analysts estimate prices may remain stable in the future. US […]
