Page 2 - The Eastern Window News Today

In this edition of Moneycontrol Pro Panorama: India to become next global AI hub, government funds look to solve grid storage issues, food inflation chills in August, G20 nations prepare for global challenges ahead, and more

Political leaders controlling five different currencies are trying to not just reduce their reliance on the US dollar but also look for alternative trading mechanisms. It may not be easy to shake off the dollar’s dominance both as trading and reserve currency. But determined and strongly motivated efforts are being made to dislodge it

A thaw in the disturbed relationship between India and China may appear theoretical at this time. But Western strategists are already worrying about an improvement in their relationship because that would negate US plans to contain China

Several important milestones were crossed in the India-Sri Lanka relationship during the recent visit of the Sri Lankan President to New Delhi. Though India is generous in assisting the crisis-hit country, it must take careful steps to counter Chinese designs in Sri Lanka and the Indian Ocean region

China’s claim of recovering from the economic slide seen during the COVID pandemic years has proven to be false. Official figures show a serious downturn in different economic segments. But what poses a serious political challenge is the record level of joblessness among the young population

Elon Musk and Jamie Dimon are among those directly challenging the Biden administration’s move to decouple from China at the economic level. The CEOs are concerned about their future business, but they may also influence US policy because the interest of American workers and consumers are at stake 

The possibility of the military imposing martial law in Pakistan appears imminent as its reputation has suffered a beating. China is watching closely and even preparing for a change of guard

The recent change of government in Kathmandu has resulted in a weakening of Chinese influence over Nepal. But the question is whether the new government will last long enough for India to rebuild its lost influence