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Mahua Venkatesh

Mahua Venkatesh

Mahua Venkatesh specialises in covering economic trends related to India and the world along with developments in South Asia.

  • Economy

    Nepal traders dealing with China incur huge losses

    by Mahua Venkatesh June 21, 2022
    by Mahua Venkatesh June 21, 2022

    <p> Nepal’s traders dealing with China are going through a rough patch and incurring huge losses. While prior to the Covid 19 outbreak, about 80 to 100 trucks would move …

  • Economy

    India stands to gain as all eyes are on rice to ward of global hunger

    by Mahua Venkatesh June 20, 2022
    by Mahua Venkatesh June 20, 2022

    <p> <strong>The global wheat shortage and the subsequent increase in the price of the grain, driven by the Russia-Ukraine war, has increased the focus on rice. And India, one the …

  • World

    Heavy floods damage crops in China, leading to concerns over food shortage

    by Mahua Venkatesh June 19, 2022
    by Mahua Venkatesh June 19, 2022

    <p> Large swathes of crops including paddy have been destroyed by heavy floods in China, leading to further challenges to food security. The authorities have warned of more rains in …

  • Economy

    Will BRI projects in Nepal get a quiet burial?

    by Mahua Venkatesh June 16, 2022
    by Mahua Venkatesh June 16, 2022

    <p> <strong>China’s much hyped Belt and Road Initiative (BRI) in Nepal has been a non-starter. The two countries signed a memorandum of understanding in May 2017 to expand bilateral cooperation …

  • Economy

    Pakistan in a bind: it urgently needs IMF funds but can’t comply with the tough conditions

    by Mahua Venkatesh June 16, 2022
    by Mahua Venkatesh June 16, 2022

    <p> <strong>For Pakistan, with foreign exchange reserves of just $9.2 billion—enough for imports for less than two months, the clock is ticking as negotiations with the International Monetary Fund (IMF) …

  • Economy

    India slams rich nations’ move at WTO to cut subsidies for poor fishermen

    by Mahua Venkatesh June 15, 2022
    by Mahua Venkatesh June 15, 2022

    <p> <strong>India took on the rich nations at the World Trade Organisation’s ministerial conference in Geneva over their one-sided proposal to limit the subsidies extended by developing countries to ensure …

  • Economy

    Rich countries stay bull-headed at WTO –refuse to lift waiver on Covid 19 drugs and equipment

    by Mahua Venkatesh June 14, 2022
    by Mahua Venkatesh June 14, 2022

    <p> <strong>Even after almost two years, the developed nations are stubbornly sticking to their ground of not allowing to lift the Trade-Related Aspects of Intellectual Property Rights.(TRIPS) patent rules pertaining …

  • Economy

    Pakistan’s new headache –slowing remittance flow

    by Mahua Venkatesh June 13, 2022
    by Mahua Venkatesh June 13, 2022

    <p> <strong>Amid yawning current account deficit (CAD) – the difference between inflow and outflow of foreign currency, Pakistan received lower remittances in May. This will lead to fresh concerns for …

  • Economy

    Onion farmers worried over a possible export ban as prices rise

    by Mahua Venkatesh June 13, 2022
    by Mahua Venkatesh June 13, 2022

    <p> <strong>Concerns among farmers growing onions are rising as retail prices of this essential kitchen ingredient have soared in the last few weeks. Many fear that the rising prices could …

  • Economy

    Cash starved Pakistan spends big on military despite financial meltdown

    by Mahua Venkatesh June 12, 2022
    by Mahua Venkatesh June 12, 2022

    <p> <strong>Cash starved Pakistan, which is negotiating with the International Monetary Fund for a bailout package, has increased its defence budget by 11 cent for financial year 2022-23, against the …

  • World

    Nepal’s successful general elections can set the tone for South Asia’s economic revival

    by Mahua Venkatesh June 9, 2022
    by Mahua Venkatesh June 9, 2022

    <p> <strong>The general elections in Nepal slated to take place later this year will be crucial for its economic contours, which have been battered not only by the Covid 19 …

  • Economy

    India’s global role as a net food security provider grows despite ban on wheat exports

    by Mahua Venkatesh June 9, 2022
    by Mahua Venkatesh June 9, 2022

    <p> <strong>Notwithstanding the recent ban on wheat, India with the aim of touching a $5 trillion economy, is set to position itself as a key global food supplier as shortages …

  • Economy

    India needs to cement its recent gains in Nepal to firewall Chinese comeback

    by Mahua Venkatesh June 7, 2022
    by Mahua Venkatesh June 7, 2022

    <p> <strong>Nepal’s upcoming general elections later this year and the outcome will be crucial not only for South Asian geopolitics in the aftermath of Covid 19 pandemic and the ongoing …

  • World

    In search of a Caliphate, global terrorists are targeting Africa for its vast resources

    by Mahua Venkatesh June 6, 2022
    by Mahua Venkatesh June 6, 2022

    <p> <strong>From Mozambique on the east coast to Nigeria in the West, terror groups ranging from Boko Haram and Al Shabab have entrenched themselves in the continent, focusing right now …

  • Economy

    Is China losing its sheen as the favourite investment destination after Covid?

    by Mahua Venkatesh June 5, 2022
    by Mahua Venkatesh June 5, 2022

    <p> <strong>Policy uncertainty along with Beijing's zero Covid approach and Chinese President Xi Jinping’s call for “common prosperity” have started to dent business sentiments in the country. The world’s second …

  • Economy

    Amid supply chain disruption, India positions itself as the investment destination: Authorities asked to oversee

    by Mahua Venkatesh June 5, 2022
    by Mahua Venkatesh June 5, 2022

    <p> <strong>India, with an eye on the $5 trillion economy, is aggressively wooing foreign investors amid the geopolitical shifts and supply chain disruptions. Sources said that nodal ministries, state governments …

  • Economy

    Hasty, ill-designed sanctions on Russia have boomeranged– Should Washington think of Plan-B?

    by Mahua Venkatesh June 3, 2022
    by Mahua Venkatesh June 3, 2022

    <p> <strong>The world is reeling under soaring inflation driven by skyrocketing food and energy prices. Inflation in the European Union, home to more than 300 million people, stood at 8.1 …

  • Economy

    Pakistan’s May inflation is highest since 2020 but the worst is yet to come

    by Mahua Venkatesh June 2, 2022
    by Mahua Venkatesh June 2, 2022

    <p> <strong>Inflation is continuing to rise in Pakistan. In May, the cash starved South Asian nation’s consumer price index (CPI) stood at 13.76 per cent- the highest in two and …

  • Economy

    Pakistan, Turkey promise to boost trade but will it help Islamabad steer out of the current economic crisis?

    by Mahua Venkatesh June 2, 2022
    by Mahua Venkatesh June 2, 2022

    <p> <strong>Cash starved Pakistan and its long term ally Turkey have recently renewed their pledge to deepen trade relations. Pakistan Prime Minister Shehbaz Sharif who is in Turkey set a …

  • Economy

    South Korea “respects” India’s decision to ban wheat exports–Ambassador

    by Mahua Venkatesh June 1, 2022
    by Mahua Venkatesh June 1, 2022

    <p> <strong>The recently inked Indo Pacific Economic Framework is expected to give a boost to the global economy and ease supply chain network, South Korea’s ambassador to India Chang Jae-bok …

  • Economy

    China’s economic crisis hits countryside after rural banks are told to freeze withdrawals

    by Mahua Venkatesh May 31, 2022
    by Mahua Venkatesh May 31, 2022

    <p> <strong>An unprecedented cash crisis is emerging in China’s hinterland.</strong></p> <p> <strong>Deposits of several rural banks have remained frozen for more than a month now. These banks are Yuzhou Xinminsheng …

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