South Asia Investor Review

Prime Minister Narendra Modi appears to be shedding his Hindutva arrogance. He is reaching out to China after President Donald Trump and several top US administration officials have openly and repeatedly targeted  India for harsh criticism  over the purchase of Russian oil. Top American officials have accused India, particularly the billionaire friends of Mr. Modi, of “profiteering” from the Russian oil trade. While welcoming India’s outreach, the Chinese have indicated they expect New Delhi to stop covert aid to militant groups attacking Chinese interests in Pakistan. Meanwhile, Chinese Ambassador Xu Feihong in New Delhi recently told his Indian audiences that “Pakistan is a victim of terrorism”. Also, the United States has recently labeled the Baloch Liberation Army (BLA) and its affiliated the Majeed Brigade as “international terrorists”. Majeed Brigade claimed responsibility for hijacking of the Jaffar Express train in Balochistan and murdering 31 people in cold blood in M...

The Indian government has hired Jason Miller, a former Trump aide, to lobby for India in Washington, DC for a monthly sum of $150,000 per month. Pakistan has retained Keith Schiller, also a former Trump aide, for a monthly compensation of $50,000 to help Pakistan get favorable treatment by the Trump Administration. It shows that India is outspending Pakistan by 3 to 1 on lobbying in Washington, but it does not appear to be paying off for New Delhi.  Singh's X message said: "Pakistan is paying $50,000 a month to their lobbyist in DC, while India is paying $150,000. Perhaps the lobbyists don't count. It is what Trump think and does that matters, and his personal equation with the leaders of the countries". He also shared a photo of a Times of India report by Chidanand Rajghatta.   Jason Miller served as spokesman for the 2016 Trump Presidential Campaign and the Trump Transition Team. Keith Schiller worked as Deputy Assistant to President Trump and Director of Oval Off...

President Donald Trump has imposed 50% tariffs on India's exports to the United States. This is far higher than most countries facing US tariffs. Explaining the punitive India tariffs, US Treasury Secretary Scott Bessent said: "India came to the table early. They’ve been slow rolling things. So I think that the president, the whole trade team has been frustrated with them. And also, you know, India, India has been a large buyer of sanctioned Russian oil that they then resell as refined products. So, you know, they have not been a great global actor".  Indian Cartoonist Satish Acharya on Trump-Modi Dialog. Source: Satish Acharya Since taking office in January 2025, President Trump has been signaling his intent to apply tariffs on India's exports repeatedly. Trump has been singling out India as a country with the highest tariffs it applies on exports from the US.  Indian cartoonist Satish Acharya published a caricature of Modi-Trump conversation portraying Modi's i...

The United Nations World Food Program has ranked Pakistan fourth among donor countries and sixth overall in 2024.  Among the largest 15 donors worldwide, the United States topped the list with $4.45 billion, followed by Germany ($995 million), the United Kingdom ($610 million), European Union ($593 million), private donors ($335 million), Pakistan ($228 million), South Korea ($203 million), France ($196 million), Sweden ($183 million), Canada ($166 million), Norway ($158 million), Japan ($155 million), UN Central Emergency Fund ($135 million), other UN agencies ($120 million) and Switzerland ($88 million), according to the  World Food Program .  Top Donors to World Food Program in 2024. Source: WFP The  World Food Program  says that 319 million people in 67 countries are facing acute hunger, and the scale of the current global hunger and malnutrition crisis is massive. "A total of 1.9 million people are in the grips of catastrophic hunger – primarily in Gaza and...

Pakistani civilian and military leaders have recently met with top leaders from China and the US. While Pakistani Deputy Prime Minister Ishaq Dar has met with US Secretary of State Marco Rubio and Chinese President Xi Jinping, Pakistan's military chief Field Marshal Asim Munir has had lunch with President Donald Trump and Chinese Foreign Minister Wang Yi during July, 2025.   “Our foreign policy is not a zero-sum game,” Dar said at a presentation to the Atlantic Council think tank in Washington DC. “We hope to see friendly relations between the US and China and do not wish to embroil in bloc politics.”  Pakistan's close ties to both the US and China go back to the 1960s at the height of the Cold War. It was Pakistan which helped arrange the first China-US dialogue in July 1971 when the US Secretary of State Henry Kissinger flew from Pakistan to China to hold the first face-to-face meeting with Chinese leaders.  With increasing US-China rivalry on the world stage today...

Most countries in the world today borrow money from various sources to finance their budget deficits. So do India and Pakistan. So why is it that only Pakistan's borrowing money gets labeled "begging"? Is it not begging when India borrows a lot more money than does Pakistan? Or is it that only borrowing money from the IMF qualifies as "begging"? Let's look into this double standard.  Currently, India's public debt to GDP ratio is 80% while Pakistan's is about 74%. India's private debt to GDP ratio is 17%, twice that of Pakistan. Do these figures mean that India is a bigger beggar than Pakistan?  Debt-to-GDP Ratios Around the World. Source: Visual Capitalist India is consistently among the largest borrowers from International Financial Institutions (IFIs), particularly the World Bank and the Asian Development Bank (ADB). It has been the top debtor to the World Bank for several years and a major borrower from the ADB.  India’s outstanding loan bala...