India's foreign exchange earning capacity was always poor and hence it had all possible provisions to check the foreign exchange outflow, be it for current purposes or capital purposes (remember the draconian FERA). But the process of economic reforms has changed the situation to unidentifiable levels.
* Current Account: Current account is today fully convertible (operationalized on 19 August, 1994). It means that the full amount of the foreign exchange required by someone for current purposes will be made available to him at official exchange rate and there could be an un prohibited outflow of foreign exchange (earlier it was partially convertible).
* Capital Account: After the recommendations of the S.S. Tarapore Committee (1997) on Capital Account Convertibility, India has been moving in the direction of allowing full convertibility in this account, but with required precautions. "

• A sign of new political life in the country was the coming into existence during the years of 1880s when Congress was formed with nearly all the major nationalist newspapers which were to dominate the Indian scene till 1918 - The Hindu, Tribune, Bengalee, Mahratta and The one exception was the Amrita Bazar Patrika which was already edited by new and younger men.

"

• India-Taiwan: Over the last two decades, India-Taiwan relations have progressed considerably despite not having diplomatic status to their ties. Although because of the constraints of one-China policy the two sides do not have diplomatic ties, their bilateral working relations have always generated a political context.
• India-North Korea: Diplomatic relations between India and North Korea were established in 1973.
• India-Palestine: India was one of the first countries to recognise the State of Palestine in 1988.

Improvisation: TH: US prods India on Pyongyang ;

- "