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Sensex tanks nearly 1,200 points: FPI selling, weak global cues drag markets

Sensex tanks nearly 1,200 points: FPI selling, weak global cues drag markets

Mon, Jan 06, 2025

Sensex nosedives nearly 1,200 points as HMPV virus fears, FPI outflows, weak global cues, and earnings jitters weigh heavily on markets, with smallcap and midcap indices slipping up to 2%.

India-China troops begin disengagement at 2 friction points in Ladakh

India-China troops begin disengagement at 2 friction points in Ladakh

Fri, Oct 25, 2024

The border standoff between India and China began in eastern Ladakh along the LAC in 2020, sparked by Chinese military actions.

China emerges as India's top import source during April-September 2024

China emerges as India's top import source during April-September 2024

Wed, Oct 16, 2024

China has emerged as India's top import source with $56.29 billion worth of inbound shipments during the April-September period of this fiscal, according to the commerce ministry data.

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Global Times Analysis: Evaluating Modi Govt's Third Term via Exit Polls

Global Times Analysis: Evaluating Modi Govt's Third Term via Exit Polls

Mon, Jun 03, 2024

China's official newspaper Global Times released an article regarding the third term of the Modi government in the exit poll, see this report.

India in trade deficit with nine of top 10 trading partners in 2023-24

India in trade deficit with nine of top 10 trading partners in 2023-24

Sun, May 26, 2024

The trade deficit with China rose to $85 billion, Russia to $57.2 billion, Korea to $14.71 billion and Hong Kong to $12.2 billion in 2023-24 against $83.2 billion, $43 billion, $14.57 billion and $8.38 billion, respectively, in 2022-23.China has emerged as India's largest trading partner with $ 118.4 billion of two-way commerce in 2023-24, edging past the US.

China May Attack Taiwan: Taiwan Begins Military Preparations

China May Attack Taiwan: Taiwan Begins Military Preparations

Fri, May 24, 2024

China may attack Taiwan, Taiwan also started military preparations

India, China have agreed to cooperate in paying in local currency for imports: Maldives

India, China have agreed to cooperate in paying in local currency for imports: Maldives

Wed, May 22, 2024

Maldives' Economic Development Minister Mohamed Saeed said he met with the Indian High Commissioner Munu Mahawar two weeks ago, who in turn, said that New Delhi would support and cooperate in arranging for the settlement of import payments in Indian Rupee.

Activists Condemn China's Actions, Urge End to Uyghur and Tibetan Oppression

Activists Condemn China's Actions, Urge End to Uyghur and Tibetan Oppression

Fri, May 17, 2024

Activists worldwide have condemned China's actions and are calling for an end to the oppression of Uyghurs and Tibetans. The ongoing human rights issues have drawn international criticism and demands for change.

China set to launch high-stakes mission to moon's 'hidden' side

China set to launch high-stakes mission to moon's 'hidden' side

Mon, Apr 29, 2024

China brought back samples from the moon's near side in the first sample retrieval in more than four decades, confirming for the first time it could safely return an uncrewed spacecraft to Earth from the lunar surface.

China's share in India's industrial goods imports jump to 30% from 21% in last 15 years: GTRI

China's share in India's industrial goods imports jump to 30% from 21% in last 15 years: GTRI

Sun, Apr 28, 2024

The Indian government and industries must evaluate and potentially recalibrate their import strategies, fostering more diversified and resilient supply chains, GTRI founder Ajay Srivastava said.

India's services exports grow 11.4% in 2023: UNCTAD report

India's services exports grow 11.4% in 2023: UNCTAD report

Thu, Apr 25, 2024

The leading exporters among developing economies include India, China, Singapore, Turkiye, Thailand, Mexico, and Saudi Arabia, it added.

Chinese firm introduces 'unhappy leave' allowing employees to skip work for 10 days!

Chinese firm introduces 'unhappy leave' allowing employees to skip work for 10 days!

Wed, Apr 24, 2024

Unhappy leave policy: Under the innovative scheme, management is barred from rejecting requests for 'unhappy leave.' This progressive approach reflects Yu's unwavering commitment to fostering a supportive and compassionate work culture. Check details.

China's EV survival game creates peril - and power

China's EV survival game creates peril - and power

Wed, Apr 24, 2024

The company's Shanghai design and engineering headquarters has the feel of an industrial WeWork space. Hundreds of engineers and designers share an open-plan office with long tables for 12 hour-days, six days a week.

China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Tue, Apr 23, 2024

Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28.

China's Q1 fiscal revenue falls as tax cut policies weigh

China's Q1 fiscal revenue falls as tax cut policies weigh

Mon, Apr 22, 2024

China's tax revenue dropped 4.9 per cent to 4.9 trillion yuan ($676.48 billion) in the first three months, but revenue from cultural, tourism and advanced manufacturing industries grew fast, Wang Dongwei, vice finance minister, told a press conference in Beijing on Monday.

Chinese ambassador departs from Canada amid strained relations

Chinese ambassador departs from Canada amid strained relations

Mon, Apr 22, 2024

Both countries issued statements acknowledging the existing diplomatic strains while reaffirming their commitment to keep communication channels open

China leaves benchmark lending rates unchanged, in line with expectations

China leaves benchmark lending rates unchanged, in line with expectations

Mon, Apr 22, 2024

China lending rate news: China left benchmark lending rates unchanged at a monthly fixing on Monday, in line with market expectations.

Japan, China spar over Beijing's actions in Indo-Pacific

Japan, China spar over Beijing's actions in Indo-Pacific

Sat, Apr 20, 2024

The Bluebook reportedly criticises China's actions in the South China Sea and its efforts to alter the status quo in the East and South China Sea.

China dumps $22.7 billion in US treasury bills amid deepening strategic rivalry with Washington

China dumps $22.7 billion in US treasury bills amid deepening strategic rivalry with Washington

Thu, Apr 18, 2024

The world's second-largest economy offloaded USD 22.7 billion of the bills in February, with its total holdings adding up to USD 775 billion as of the end of that month, the Hong Kong-based South China Morning Post quoted figures released by the US Treasury Department on Wednesday. China's forex reserves, the world's highest, totalled USD 3.2457 trillion last month, according to the state-run Xinhua news agency.

China foreign minister says Beijing and Jakarta want regional peace and stability

China foreign minister says Beijing and Jakarta want regional peace and stability

Thu, Apr 18, 2024

Indonesian Foreign Minister Retno Marsudi said she hoped China would "would use its influence to prevent escalation" in Gaza, emphasising the need for a two-state solution.

Sales to China support ASML's first-quarter earnings despite weak bookings

Sales to China support ASML's first-quarter earnings despite weak bookings

Wed, Apr 17, 2024

Net income in the first quarter was 1.22 billion euros, down from 2.05 billion euros in the fourth quarter of 2023 but slightly better than expected, according to LSEG data.

Germany's Scholz kicks off China trip amid tensions over EVs, Russia

Germany's Scholz kicks off China trip amid tensions over EVs, Russia

Sun, Apr 14, 2024

Scholz, who is travelling with several German CEOs, started his trip in the southwestern megacity of Chongqing.

China natural disasters cost $3.3 billion in first quarter, government says

China natural disasters cost $3.3 billion in first quarter, government says

Sat, Apr 13, 2024

The disasters killed 79 people while 110,000 needed emergency relocation and resettlement and 10.4 million people across 26 regions and provinces were affected in the period, the ministry said in a report.

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