South Asia held firm in the face of a global foreign investment downturn in 2024, even as the United Nations Conference on Trade and Development (UNCTAD) raised red flags over …
Economy
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Mahindra to Manufacture Components for Airbus, Embraer in $300M Aernnova Pact
by R. Suryamurthy 1 minutes readSpanish aerospace firm Aernnova Aerospace, SAU and India’s Mahindra Aerostructures Pvt. Ltd (MASPL) have signed a multi-year contract valued at approximately $300 million, the companies announced on June 17, 2025. …
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President Trump Hosts Pakistan Army Chief Amid South Asia Tensions; PM Modi Rejects Mediation, Clarifies India’s Position
by T. Vishnudatta Jayaraman 6 minutes readIn an unprecedented development, U.S. President Donald Trump hosted Field Marshal Syed Asim Munir, Chief of the Army Staff of Pakistan, for a closed door luncheon at the White House …
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Gold Glitters Globally, But India’s Jewelry Demand Dims
by R. Suryamurthy 6 minutes readIndia’s gold market is experiencing a complex period of contrasting trends, with international gold prices hitting new highs in June while domestic jewelry sales remain subdued. Despite this, physical gold …
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G7 Summit 2025 Ends with Renewed Alliances, Sharp Divides, and a Surprise Exit by President Trump
by Prabhjot Singh 7 minutes readThe United States President Donald Trump made headlines once again by walking out midway through the 2025 G7 Summit – this time citing the escalating Israel-Iran conflict as justification. Held …
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IADA India Day Celebrations in Virginia Highlight US-India Partnership and Diaspora Contributions
by T. Vishnudatta Jayaraman 6 minutes readVijay Chauthaiwale, Head of the Foreign Affairs Department of the Bharatiya Janata Party (BJP), emphasized the United States’ immense potential for “innovation and entrepreneurship” and noted that India is complementing …
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FDI Inflows to Developing Economies Hit $435 Billion in 2023, Lowest Since 2005
by R. Suryamurthy 5 minutes readForeign Direct Investment (FDI) into developing economies plunged to its lowest level since 2005 in 2023, highlighting growing vulnerabilities across emerging markets and intensifying concerns over financing sustainable development. According …
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India’s $33 Billion West Asia Trade Faces Disruption Amid Israel-Iran Rising Conflict
by R. Suryamurthy 5 minutes readIndia faces a growing risk of substantial economic fallout as the Israel-Iran conflict intensifies, jeopardizing crucial energy security, vital trade routes, and key commercial interests. The escalating hostilities and rising …
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Rep. Raja Krishnamoorthi Backs HIRE Act as ITServe Alliance Rallies Lawmaker Support on Capitol Hill
by SAH Staff Reporter 5 minutes readIndian American Congressman Raja Krishnamoorthi (D-Illinois) voiced strong support for the High-Skilled Immigration Reform for Employment (HIRE) Act while addressing nearly 200 members of ITServe Alliance who gathered on June …
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South Asia Braces for Economic Shock as Israel-Iran Conflict Deepens
by R. Suryamurthy 7 minutes readThe escalation in the conflict between Israel and Iran, marked by Israeli strikes on Iranian military and nuclear facilities and the reported deaths of high-profile Iranian military figures, is sending …