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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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Markets end at fresh peak! Nifty settles above 11,000, Sensex at 36,139

Markets end at fresh peak! Nifty settles above 11,000, Sensex at 36,139

Tue, Jan 23, 2018

Gains in global markets after US lawmakers passed a short-term measure to fund the federal government through Feb. 8, ending a three-day government shutdown, also boosted investor sentiment.

Apple may discontinue iPhone X around mid-2018: Report

Apple may discontinue iPhone X around mid-2018: Report

Tue, Jan 23, 2018

According to Ming-Chi Kuo, the most famous analyst with KGI Securities when it comes to Apple, the Cupertino-based giant will not sell iPhone X at lower price.

India to become fastest growing large economy in 2018: Report

India to become fastest growing large economy in 2018: Report

Sun, Jan 21, 2018

The report says when the rest of the world offers low growth and insufficient structural change, India, by contrast, is seen as a reforming economy with the prospect of strong long-term growth

China fourth-quarter GDP grows 6.8% year-on-year, beats expectations

China fourth-quarter GDP grows 6.8% year-on-year, beats expectations

Thu, Jan 18, 2018

Chinese policymakers have been trying to contain financial risks and slow an explosive build-up in debt without stunting economic growth.

World to be riskier place in 2018: WEF Survey

World to be riskier place in 2018: WEF Survey

Wed, Jan 17, 2018

In its annual Global Risks Report, the World Economic Forum (WEF) said that China's determination to press territorial and maritime claims and its extension of the Belt and Road Initiative (BRI) have triggered responses among neighbouring powers.

You may soon be able to share bicycles with Ofo coming to India

You may soon be able to share bicycles with Ofo coming to India

Mon, Jan 15, 2018

With a mission statement of ‘mobility for all’, Ofo launched its services in Beijing, China in 2014. Ofo brings sharing bicycles whilst reducing carbon emissions in the city at a reasonable cost.

Chinese bitcoin miners eye sites in energy-rich Canada

Chinese bitcoin miners eye sites in energy-rich Canada

Fri, Jan 12, 2018

China`s Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an attractive alternative.

Thirty Chinese companies to take part in Bengal biz summit

Thirty Chinese companies to take part in Bengal biz summit

Tue, Jan 09, 2018

Out of 30 participants, ten of them would be taking part for the first time in the summit to be held between January 16 and 17

India's medium-term growth potential highest among emerging markets: Fitch

India's medium-term growth potential highest among emerging markets: Fitch

Thu, Jan 04, 2018

Key highlights:

Global stocks records tumble, oil at highest since 2015

Global stocks records tumble, oil at highest since 2015

Thu, Jan 04, 2018

Market bulls resumed their charge on Thursday as strong data from the world’s biggest economies sent stock index records tumbling and oil prices to their highest since mid-2015.

Beijing to build $2 billion AI research park: Report

Beijing to build $2 billion AI research park: Report

Wed, Jan 03, 2018

Beijing is planning to build a 13.8 billion yuan ($2.12 billion) artificial intelligence development park in the city`s west, the official Xinhua news agency reported, as China pushes ahead to fulfil its ambition to become a world leader in AI by 2025.

Bill on H-1B visa gives sleepless nights to Indian techies in US

Bill on H-1B visa gives sleepless nights to Indian techies in US

Wed, Jan 03, 2018

The bill, which is aligned to Trump's “Buy American, Hire American” initiative, proposes to prevent misuse of H-1B visa. “Buy American, Hire American” vision that was promised by the President during his 2016 campaign, aims to protect local jobs for the Americans.

China targets 2018 rail investment of $113 billion, lowest since 2013

China targets 2018 rail investment of $113 billion, lowest since 2013

Tue, Jan 02, 2018

The country, which invested 801 billion yuan in rail fixed assets in 2017, has for the last four years set an annual target of 800 billion yuan. Its target for 2013 was 660 billion yuan.

China develops underwater surveillance networks in Indian Ocean, SCS

China develops underwater surveillance networks in Indian Ocean, SCS

Mon, Jan 01, 2018

The system, which has already been launched, works by gathering information about the underwater environment, particularly water temperature and salinity, which the navy can then use to more accurately track target vessels as well as improve navigation and positioning, the Hong Kong-based South China Morning Post reported.

China clampdown on overseas deals crimps Asia Pacific M&A volumes in 2017

China clampdown on overseas deals crimps Asia Pacific M&A volumes in 2017

Fri, Dec 29, 2017

Chinese companies have faced lengthy approvals for their outbound deals after Beijing tightened capital controls late last year in an effort to stabilize a weakening yuan.

Global Markets: Bumper year for stocks and commodities, downer for the dollar

Global Markets: Bumper year for stocks and commodities, downer for the dollar

Fri, Dec 29, 2017

Asian markets were ending 2017 in a party mood on Friday after a year in which a concerted pick-up in global growth boosted corporate profits and commodity prices, while benign inflation kept central banks from taking away the monetary punch bowl.

Gold set for best year since 2010, mainly driven by a softer dollar

Gold set for best year since 2010, mainly driven by a softer dollar

Fri, Dec 29, 2017

Gold benefited from a technically-driven momentum after closing above its 100-day moving average on Wednesday for the first time since late November, analysts said.

China expects 2018 industrial output to grow around 6 percent

China expects 2018 industrial output to grow around 6 percent

Mon, Dec 25, 2017

The nation`s industrial output is also expected to rise about 6.5 percent this year, which would be the first gain in the growth rate since 2010.

ADB lowers India's 2017 growth outlook to 6.7%

ADB lowers India's 2017 growth outlook to 6.7%

Wed, Dec 13, 2017

The recovery in the Indian economy "is more subdued than assumed earlier due to rising crude oil prices, soft private investment growth, and weather-related risks to agriculture," the ADB said.

WTO losing trade focus, too easy on some developing nations: US

WTO losing trade focus, too easy on some developing nations: US

Tue, Dec 12, 2017

US Trade Representative Robert Lighthizer, who has said he does not want major agreements out of the meeting, voiced concern that the WTO was becoming a litigation-centered organization.

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