DeepSeek-R1, developed by a Chinese AI lab, is potentially highly competitive and shockingly cost-effective, and could be a boon to the Indian IT sector.
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,
Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil. Oil and gas revenues are vital sources of revenue, accounting for between a third and half of Russia 's federal budget over the last decade. In particular, these revenues play a key role in helping Putin to finance his war in Ukraine.
Identifying India’s dependence on China for many products as a key risk, the Economic Survey has recommended that India needs to go all out to “attract, promote and facilitate further domestic and foreign investments”.
For all this "dam for a dam" water war, relations between the two nations along their disputed Himalayan border are not currently at boiling point. In recent years, there have been skirmishes between Indian and Chinese troops in the area but 2024 "witnessed a thaw", with both sides "withdrawing troops from two flashpoints", said VOA News.
India will take into account recent agreements by Maldives authorities while framing its policies towards the country, New Delhi said on Friday, adding that the agreements would likely cause revenue loss for the island nation.
China is reportedly building a laser-ignited nuclear fusion research centre that it could use to develop nuclear weapons design and explore power generation. As Beijing expands its nuclear capabilities,
China has become a topic of discussion in South Asia over the past few days. Whether it is Sri Lankan President Anura Kumara Dissanayake’s state visit to China from January 14 to 17, during which he signed 15 MoUs;
President Donald Trump is warning a coalition of countries to find “another sucker nation” if they opt to move away from the U.S. dollar.
Economic Survey emphasizes indigenizing energy sources for EVs, focusing on de-risking supply chains and promoting self-reliant ecosystem.
Economic Survey predicts India's growth at 6.3-6.8% by 2025-26, emphasizing de-regulation, private sector participation, and energy transition.