India flexes its economic muscle


  • Focus
  • Wednesday, 30 Oct 2024

A shipment of aid from India in Colombo, Sri Lanka, in May 2022. India offered US$4bil in support after Sri Lanka’s economy collapsed. — ©2024 The New York Times Company

AS political turbulence grips South Asia, Prime Minister Narendra Modi’s government is leveraging India’s rapidly growing economy to expand its influence, competing directly with China in the region.

India’s financial strength has enabled it to provide critical aid to its neighbours, from bailing out Sri Lanka to shoring up alliances in Bhutan and the Maldives.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Focus

Storm clouds over NOAA
Doing more for trafficked scam victims
Fast fashion’s global shortcut
Why Congo’s vast army is struggling
Leaving for greener shores
Online scams: A global problem
Why the ICC arrested Duterte despite questions over jurisdiction
Antarctic current in peril
From phones to the fast lane
Greenland's big moment

Others Also Read