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India-China Relations Remain Strained: No Improvement Despite Talks, Says MEA

India-China Relations Remain Strained: No Improvement Despite Talks, Says MEA

Fri, Jan 19, 2024

In a recent briefing, MEA Spokesperson Randhir Jaiswal states that India-China ties are not normal. Emphasises ongoing diplomatic and military-level discussions for peace along the border.

China Earthquake: Northwest China Earthquake Leaves 116 Dead, Rescue Efforts Underway

China Earthquake: Northwest China Earthquake Leaves 116 Dead, Rescue Efforts Underway

Tue, Dec 19, 2023

A powerful earthquake measuring 6.2 on the Richter scale struck northwest China's Gansu and Qinghai provinces on December 18th night. Tragically, at least 116 lives have been lost, with 105 fatalities in Gansu and 11 in Qinghai. The quake injured over 230 people and caused widespread damage, including collapsed houses, damaged roads, and disrupted power and communication lines. Search and rescue operations are ongoing in affected areas.

Did Italy PM Giorgia Meloni Pull Out Of China's Belt and Road Initiative in Favor of India?

Did Italy PM Giorgia Meloni Pull Out Of China's Belt and Road Initiative in Favor of India?

Thu, Dec 07, 2023

In a major setback for China's global ambitions, Italy has abruptly withdrawn from the Belt and Road Initiative, the country's signature infrastructure project. This surprise move has sparked speculation about Italy's potential shift towards India, a country with which it shares growing economic and political ties.

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We have a wide trade deficit with China, says Shaktikanta Das

We have a wide trade deficit with China, says Shaktikanta Das

Mon, Feb 13, 2017

Shaktikanta Das said that they are working to increase their exports in China and to decrease the trade deficit.

Reckitt Benckiser to buy Mead Johnson Nutrition for $16.6 billion

Reckitt Benckiser to buy Mead Johnson Nutrition for $16.6 billion

Fri, Feb 10, 2017

Reckitt Benckiser has agreed to buy US baby formula maker Mead Johnson Nutrition for $16.6 billion which will help the company to increase its presence in developing markets

'Government's extension of anti-dumping duties is likely to be credit positive for Indian steel industry'

'Government's extension of anti-dumping duties is likely to be credit positive for Indian steel industry'

Fri, Feb 10, 2017

Moody's and Care Ratings have projected the Government of India's latest move to extend the anti-dumping duties for the next two months to be credit positive for Indian steel companies.

Tata Steel's leverage is likely to remain high in coming quarters: Moody's

Tata Steel's leverage is likely to remain high in coming quarters: Moody's

Thu, Feb 09, 2017

Moody's has projected Tata Steel's leverage to remain high in the coming quarters of 2017.

Nokia 6 will not be sold only on flash sales, says HMD Global

Nokia 6 will not be sold only on flash sales, says HMD Global

Thu, Feb 09, 2017

Nokia 6 not be sold only on flash sales, it just sells out fast clarifies HMD Global in a statement.

Prime Minister Narendra Modi says cash crackdown is a fight for the poor

Prime Minister Narendra Modi says cash crackdown is a fight for the poor

Tue, Feb 07, 2017

Prime Minister Narendra Modi on Tuesday defended his decision to abolish high denomination bank notes that has left the economy reeling, calling it a "fight" for the poor.

China's January forex reserves fall more than expected to $2.998 trillion, near 6-year low

China's January forex reserves fall more than expected to $2.998 trillion, near 6-year low

Tue, Feb 07, 2017

China's foreign exchange reserves have fallen to $2.998 trillion in January as compared to a drop of $41 billion in December.

Apple beats Xiaomi in China, Oppo leads smartphone market in fourth quarter of 2016

Apple beats Xiaomi in China, Oppo leads smartphone market in fourth quarter of 2016

Tue, Feb 07, 2017

Apple has beaten up Xiaomi in the number of smartphones shipped into China for the fourth quarter of 2016.

India attracted $32.5 billion foreign direct investment during April-November

India attracted $32.5 billion foreign direct investment during April-November

Mon, Feb 06, 2017

India attracted $32.49 billion (nearly Rs 2,16,214.4 crore) foreign direct investment (FDI) in April-November of 2016-17, Parliament was informed on Monday.

ZTE in partnership with Flipkart launches Blade A2 Plus smartphone priced at Rs 11,999 in India

ZTE in partnership with Flipkart launches Blade A2 Plus smartphone priced at Rs 11,999 in India

Mon, Feb 06, 2017

ZTE has launched Blade A2 Plus in Indian market price at Rs 11,999.

China services sector extends strong growth in January but pace eases: Caixin PMI

China services sector extends strong growth in January but pace eases: Caixin PMI

Mon, Feb 06, 2017

China's services PMI has declined marginally to 53.1 in January on a seasonally adjusted basis from 53.4 in December, showed the Markit/Caixin services purchashing managers' index (PMI).

Economic Survey: Eight interesting facts about India

Economic Survey: Eight interesting facts about India

Tue, Jan 31, 2017

The flagship annual document of the Ministry of Finance was released on Tuesday by Finance Minister Arun Jaitley and Chief Economic Advisor, Arvind Subramanian who held the press conference thereafter. Here are eight facts about India that were revealed in the survey.

An iPhone made in America? Not that simple

An iPhone made in America? Not that simple

Sun, Jan 29, 2017

As US President Donald Trump pushes hard for goods to be "made in America," how realistic is it to expect Apple to stop manufacturing its iconic devices in China? The freshly installed president vowed while campaigning that he would force Apple to bring production to US soil.

OPPO to launch its selfie-focused smartphone 'OPPO A57' on February 3 in India

OPPO to launch its selfie-focused smartphone 'OPPO A57' on February 3 in India

Fri, Jan 27, 2017

The OPPO A57 smartphone will be availlable in two colour options of gold and rose gold with sleek back finish and curved edges.

China unveils fresh steps to curb capital outflows, spur inflows

China unveils fresh steps to curb capital outflows, spur inflows

Thu, Jan 26, 2017

Inorder to curb capital outflows and to boost foreign currency inflows of the country, China's foreign exchange regulator State Administration of Foreign Exchange (SAFE) has issued new guidelines in the latest step to ease pressure on the yuan currency.

China banks extend record 12.65 trillion yuan in loans in 2016 as debt worries mount

China banks extend record 12.65 trillion yuan in loans in 2016 as debt worries mount

Thu, Jan 26, 2017

China's banks have extended a record 12.65 trillion yuan ($1.84 trillion) of loans in 2016 as the government encouraged more credit-fueled stimulus to meet its economic growth target.

Apple iPhone 8 may not have big impact on the company's smartphone business: Report

Wed, Jan 25, 2017

Media reports have said that Apple's launch of iPhone 8 is less likely to have any big impact on its smartphone business.

China's Alibaba quarterly revenue surges 54% to $7.7 billion

China's Alibaba quarterly revenue surges 54% to $7.7 billion

Tue, Jan 24, 2017

Chinese e-commerce giant Alibaba said on Tuesday its revenues leapt 54% year-on-year for the quarter ended in December, spurred by rapid growth in Chinese online shopping.

Asian TPP nations pledge to salvage trade accord after U.S. exit

Asian TPP nations pledge to salvage trade accord after U.S. exit

Tue, Jan 24, 2017

Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian nations to join the trade pact after U.S. President Donald Trump kept his promise to pull out of the accord.

Here's how Hugo Barra fulfilled Xiaomi's global ambitions

Here's how Hugo Barra fulfilled Xiaomi's global ambitions

Mon, Jan 23, 2017

Smartphone sales of the Xiaomi jumped globally when Barra joined the company.

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