Global media also highlights India’s growing military presence in the Indian Ocean, with recent naval manoeuvres and ongoing tensions with China shaping its strategic stance.
China has made a larger point about the power shift in Indian Ocean region by docking the missile and satellite tracking ship Yuan Wang 5 at Hambantota Port.
New Delhi is concerned about the possibility of the ship’s tracking systems attempting to snoop on Indian installations while being on its way to the Sri Lankan port.
Sri Lankan foreign ministry said the Chinese vessel Yuan Wang 5 was scheduled to dock at Chinese-leased Hambantota port on 11 August for refuelling and leave on 17 August.
With political, economic clout in Sri Lanka, China helping the crisis-hit nation was expected. But lack of financial returns & public outrage for Rajapaksas ensured their absence.
Several proposals to strengthen the economic ties between India and Sri Lanka were discussed during a meeting of officials from various ministries chaired by the Deputy NSA earlier this month.
‘India is the only game in town’ said one expert alluding to India lending Sri Lanka a helping hand, Colombo's strained ties with Beijing and the prevailing economic crisis.
The repo rate cut should be interpreted as a pre-emptive measure to create a buffer, ensuring that the economy enters the forthcoming year with adequate liquidity.
Clean energy is “no longer the sideshow, it is the show”, BVR Subrahmanyam told the Odisha summit, warning India to lead the global shift or risk others’ tech dominance.
India is now the only country still operating the Jaguar, long retired by its original users, France in 2005 and the UK in 2007, and secondary operators like Oman, Nigeria and Ecuador.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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