DeepSeek-R1, developed by a Chinese AI lab, is potentially highly competitive and shockingly cost-effective, and could be a boon to the Indian IT sector.

After a recent diplomatic breakthrough, both India and China have come out with their statements. A careful reading reveals interesting convergences and divergences on various key issues. Take a look.

Chinese manufacturing prowess and its dominance in the strategic sector will have a bearing on India's growth projection in the medium term and its march to become a developed nation by 2047, the Economic Survey said on Friday.

Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil. Oil and gas revenues are vital sources of revenue, accounting for between a third and half of Russia 's federal budget over the last decade. In particular, these revenues play a key role in helping Putin to finance his war in Ukraine.

Identifying India’s dependence on China for many products as a key risk, the Economic Survey has recommended that India needs to go all out to “attract, promote and facilitate further domestic and foreign investments”.

India's IT minister has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to his government's efforts to build a localized AI model.

China has become a topic of discussion in South Asia over the past few days. Whether it is Sri Lankan President Anura Kumara Dissanayake’s state visit to China from January 14 to 17, during which he signed 15 MoUs;

China is reportedly building a laser-ignited nuclear fusion research centre that it could use to develop nuclear weapons design and explore power generation. As Beijing expands its nuclear capabilities,

India is concerned recent trade pacts signed by the Maldives will likely hurt the archipelago's cash-strapped economy, the Indian foreign ministry said on Friday, in a reference to agreements between the Maldives and China,

Economic Survey predicts India's growth at 6.3-6.8% by 2025-26, emphasizing de-regulation, private sector participation, and energy transition.

President Donald Trump made his declaration that the tragic midair crash over Reagan National Airport that killed 67 people late Wednesday was the fault of President Joe Biden’s diversity, equity, and inclusion policies before he was even briefed by the chief agency responsible for investigating the tragedy.