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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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Consultation prize: US-China trade war fires bonanza for advisory firms

Consultation prize: US-China trade war fires bonanza for advisory firms

Mon, Aug 06, 2018

As U.S. and Chinese firms rush for outside expertise on how to handle fallout from the escalating trade war between the two nations, consultants on everything from management to logistics say they have seen soaring demand for their services.

World's first autonomous 'Skytrain' now in China; is 3X better than subway trains

World's first autonomous 'Skytrain' now in China; is 3X better than subway trains

Fri, Aug 03, 2018

According to the report, Chinese engineers say that 'Skytrain' can perform nearly three times better than regular subway trains and can ascend gradients of 100 meters over a distance of 1,000 meters. Designed as a lightweight, intermediate speed, medium traffic volume, and low-cost transport system, the 'Skytrain' reportedly has huge market potential in scenic areas, mountainous regions, and major cities.

Asian shares rise, but U.S. tariff plan puts focus back on trade war

Asian shares rise, but U.S. tariff plan puts focus back on trade war

Wed, Aug 01, 2018

Asian shares were higher on Wednesday, tracking the firmer Wall Street finish though reports that Washington plans to raise tariffs on $200 billion of Chinese goods have put the focus back on volatile Sino-U.S. trade relations.

Trade war: How US tariffs on China minerals could hurt industry, consumers

Trade war: How US tariffs on China minerals could hurt industry, consumers

Tue, Jul 31, 2018

More than 6,000 items have been earmarked for a 10 percent import tariff, including - in some form - 32 of the 35 minerals the United States in May designated as "critical" to its economic and national security.

Import tariffs will have far-reaching implications on global growth: Report

Import tariffs will have far-reaching implications on global growth: Report

Sun, Jul 29, 2018

Import tariffs will have far-reaching implications and though the impact is manageable for now, escalation in this aspect could mean significant downside to global growth, says a report.

Asian markets post modest gains as trade fears keep investors cautious

Asian markets post modest gains as trade fears keep investors cautious

Fri, Jul 27, 2018

Asian stocks struggled to gain traction on Friday, following a mixed Wall Street finish and as the worsening Sino-U.S. trade dispute kept investors in the region cautious, despite signs of rapprochement between the United States and Europe.

Apple ships 3.5 mn Watches, adds India to its growth list

Apple ships 3.5 mn Watches, adds India to its growth list

Fri, Jul 27, 2018

Apple Watch shipments to Asia (excluding China) surpassed 250,000 units, with the LTE version accounting for about 60 per cent, said Singapore-based market research firm Canalys.

Will the Chinese dragon’s run in India mobile market continue?

Will the Chinese dragon’s run in India mobile market continue?

Fri, Jul 27, 2018

The Chinese brands have had a major presence in the unbranded feature phone market for a long time now. Since the advent of Android smartphones, and faced with the decelerated growth prospects in China, Chinese smartphone brands started looking at India seriously.

PM Narendra Modi says India to work with BRICS for Fourth Industrial Revolution

PM Narendra Modi says India to work with BRICS for Fourth Industrial Revolution

Fri, Jul 27, 2018

Indian Prime Minister Narendra Modi on Thursday said that India will work with other member states of the BRICS economic bloc to prepare for the Fourth Industrial Revolution while reiterating India`s commitment to multilateralism, international trade and rule-based world order.

What bubble? China's record-breaking venture capitalists charge ahead

What bubble? China's record-breaking venture capitalists charge ahead

Thu, Jul 26, 2018

"If I put my U.S. lenses on, this is insane," said Edith Yeung, partner at 500 Startups, a California-based venture capital firm. But, she said, the calculus for investors was the sheer size of the Chinese market, noting that the WeChat social media platform had three times more daily users than the population of the United States.

Beware! Investors raising shorts on emerging market currencies

Beware! Investors raising shorts on emerging market currencies

Thu, Jul 26, 2018

Asian currencies have been hobbled in the past two weeks as the U.S. dollar firmed due to more clarity on the Federal Reserve`s rate stance and as trade war ructions caused capital to depart from the region. The number of Americans filing for unemployment benefits dropped to a more than 48-1/2-year low for the week ended July 14 as the labor market strengthens further.

Business optimism in India remains tepid in Q2: Thornton

Business optimism in India remains tepid in Q2: Thornton

Wed, Jul 25, 2018

Business optimism in India remained tepid in the second quarter of this year and the country continues to rank 6th in the global optimism index, says a survey.

Facebook is building 'innovation hub' in China

Facebook is building 'innovation hub' in China

Wed, Jul 25, 2018

Facebook`s application for the China subsidiary in the Zhejiang province was approved on July 18, CNBC reported on Tuesday citing a filing with the country`s National Enterprise Credit Information Publicity System.

Apple supplier LG Display slashes investment plans as losses mount

Apple supplier LG Display slashes investment plans as losses mount

Wed, Jul 25, 2018

LG said it would trim investment by 3 trillion won ($2.7 billion) from what was planned by 2020, without revealing its total or previous capex targets. It also warned that it could adjust production in South Korea and China in response to trade disputes between Washington and Beijing.

Global markets: World stocks get China boost, bonds show the strain

Global markets: World stocks get China boost, bonds show the strain

Tue, Jul 24, 2018

Global bonds remained under pressure on speculation the Bank of Japan may soon trim its massive stimulus. The euro was choppy as a dip in French business confidence was offset by signs of strength in German manufacturing.

India's thermal coal imports rise over 14 percent in second quarter

India's thermal coal imports rise over 14 percent in second quarter

Tue, Jul 24, 2018

Indian thermal coal imports rose to 43.4 million tonnes during the three months ended June 30, up from 37.9 million a year ago, according to data from American Fuels & Natural Resources, a Dubai-based trader of coal from the United States which tracks shipments around the region.

Aviation: Sufficient India-China air traffic rights available for local carriers: Govt

Aviation: Sufficient India-China air traffic rights available for local carriers: Govt

Thu, Jul 19, 2018

The government's remarks come against the backdrop of carriers from both sides being keen to operate more flights to each other's territory.

Phones on Flights? Here is what Indians want

Phones on Flights? Here is what Indians want

Tue, Jul 17, 2018

Airline passengers in India top global list on demands to use phones in the sky; ready to pay extra

Gold slides to seven-month lows as dollar climbs

Gold slides to seven-month lows as dollar climbs

Fri, Jul 13, 2018

Gold prices are down about 9 percent since mid-April. Tensions between the United States and China eased after U.S. Treasury Secretary Steven Mnuchin said on Thursday talks between the world`s two largest economies could be reopened if Beijing was willing to make significant changes.

Chinese imports to US ports start peaking early amid tariff threat

Chinese imports to US ports start peaking early amid tariff threat

Fri, Jul 13, 2018

Retailers such as Walmart Inc and Amazon.com are grappling with uncertainty spawned by U.S. President Donald Trump`s protectionist posturing on trade and the outsized spike in China imports in June was likely because of "pre-emptive buying in anticipation of the tariffs," said Ben Hackett, founder of international maritime consultancy Hackett Associates.

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