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Saturday, February 21, 2026
TopicAsian economy

Topic: Asian economy

Asia’s virtual banks need oversight to guard data, India could offer model, BIS says

Along with Singapore, India may offer a model for creating a platform under central bank supervision that allows personal data sharing, with customer consent, says BIS.

How Sri Lanka debt tumbled from best to worst in Asia due to Covid

The island nation’s notes lost about 20% in October after dropping 15.5% in September, marking two straight months of the biggest losses in the region.

China is growing, but rest of Asian economy will take a while to recover, IMF says

In its latest assessment, IMF warned of significant downside risks and economic scarring as labor market participation falls with the most vulnerable likely to be the hardest hit.

On Camera

Youth Congress, your foolish protest helped the Modi govt climb out of the AI summit hole

In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

MoD, IAF agree on some exemptions to HAL for Tejas Mk1A, but no compromise on ‘must-have’ capabilities

IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.