South Asia is moving closer to a structural debt crisis, not a cyclical squeeze, as fresh data from the World Bank’s International Debt Report 2024 shows the region’s external liabilities …
Economy
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India Intensifies Rescue and Relief Operations in Sri Lanka Under Operation Sagar Bandhu After Cyclone Ditwah
by SAH Special Correspondent 3 minutes readIndia has stepped up large-scale humanitarian and rescue operations in Sri Lanka following the devastation caused by Cyclone Ditwah, which brought severe flooding, casualties, and widespread disruption across the island …
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Rep. Suhas Subramanyam Secures Over $3 Million in Federal Funding for Key Community Projects in Rural Virginia
by SAH Staff Reporter 2 minutes readU.S. Representative Suhas Subramanyam (VA-10) has announced that his office has secured more than $3 million in federal funding for community projects in Fauquier and Rappahannock counties. Fifteen local initiatives …
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House Members Press VA and HUD for Answers on Budget Proposal That Could Undermine Veteran Housing Programs
by SAH Staff Reporter 3 minutes readUS Representatives Raja Krishnamoorthi and Delia Ramirez of Illinois have led a group of 12 House members in demanding clarity from the Departments of Veterans Affairs (VA) and Housing and …
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Carney Faces Internal Liberal Rift as Alberta-Ottawa Energy Deal Triggers Cabinet Resignation
by Prabhjot Singh 2 minutes readPrime Minister of Canada Mark Carney continues to face political headwinds even after British Columbia Premier David Eby signaled a willingness to discuss the proposed Alberta-Ottawa pipeline agreement, provided the …
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India Says WTO Tech Pact Hurt Domestic Electronics Industry, Triggering Decades of Import Dependence
by R. Suryamurthy 5 minutes readA parliamentary panel has warned that India’s decision to accept sweeping zero-tariff commitments under the WTO’s Information Technology Agreement (ITA) “effectively froze the country out of building a competitive electronics …
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OECD Sounds Alarm on Corporate Tax Exposure from Remote Work as Multinationals Brace for PE, PoEM and Compliance Shockwaves
by R. Suryamurthy 8 minutes readThe Organization for Economic Co-operation and Development (OECD) has fired a warning shot to multinational companies as it opened a public consultation on the tax fallout from global remote work, …
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India Confronts ‘Profit-First’ Drug Pricing as Multinational Pharma Firms Accused of Exploiting Regulatory Gaps
by R. Suryamurthy 5 minutes readA parliamentary investigation has exposed how multinational drug makers are reaping windfall mark-ups in India’s medicine market, with routine formulations showing price gaps of 600% to nearly 1,900%, signaling what …
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Putin’s Delhi Gambit: How a High-Stakes Visit Could Redraw India’s Geopolitical Map
by TN Ashokby TN Ashok 7 minutes readWhen Russian President Vladimir Putin lands in New Delhi on December 4 for the 23rd India–Russia Annual Summit, the optics will be unmistakable. For the first time since the Ukraine …
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Caught in the Crossfire: How Trump’s Immigration Crackdown Is Reshaping the Indian American Dream
by TN Ashokby TN Ashok 12 minutes readRahul Sharma had finally started to breathe easier. After eight years on an H-1B visa, the 34-year-old software engineer from Bangalore had received his green card interview date for January. …