Taiwan's Ministry of National Defense said 30 Chinese warplanes made incursions into its air defense identification zone, or ADIZ, the highest daily figure in more than four months.
From the outcome of the general elections and then Union Budget to tepid corporate earnings in the September 2024 quarter (Q2-FY25), sticky inflation and Reserve Bank of India's stance on interest rates, extreme weather conditions, Indian stock markets have braved it all in calendar year 2024.
Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets. Billionaire Gautam Adani-led conglomerate is investing up to $50 billion over the next 10 years in setting up a fully integrated green hydrogen ecosystem in India. This includes the production of 1 million tonne of green hydrogen in the initial phase which will be ramped up to 3 million tonne later.
In an interview, Biden reiterated a previous pledge to defend Taiwan in the event of an invasion.
The Indian market remains an attractive place to do business for the nation's entrepreneurs, with 75 per cent of them operating domestically.
The ratio of market capitalisation to gross domestic product (GDP) in India remains elevated despite the recent correction in the equities markets. It was 147.5 per cent on December 3, 56 per cent higher than the 10-year average of 94 per cent. The current ratio is slightly lower than the all-time high ratio of 154 per cent at the end of September this year.
US House Speaker Nancy Pelosi's plane landed in Taiwan amid a heightened security threat from China, media reports said on Tuesday.
Taiwan's double world champion Lin Yu-ting, one of two boxers at the heart of a gender row, won her featherweight round of 16 bout against Uzbekistan's Sidora Turdibekova
China claims Taiwan as part of the mainland and vows to integrate what it calls the rebel province even by force.
India on Friday said it was concerned over the developments around Taiwan and called for avoiding "unilateral actions" to change the status quo in the region, days after China held its biggest-ever military drills around the self-ruled island following US House Speaker Nancy Pelosi's visit to it.
The gender tests conducted by the International Boxing Association (IBA) on two female fighters at last year's world championships that led to their disqualification were illegitimate and lacked credibility
This is how the residents of Jamnagar danced the Garba.
The state is in the process of grooming a supplier ecosystem, for which India is almost entirely dependent on imports.
China on Tuesday warned the United States that it will pay a 'heavy price' for its attempts to show support to Taiwan's independence as a delegation of ex-American defence officials dispatched by President Joe Biden landed in Taipei amid apprehensions that Beijing may attempt action against the self-ruled island akin to Russia's military assault in Ukraine.
Hometown favourites Felix and Alexis Lebrun, at 17 and 20, also made it to the round of 32 in singles with clean 4-0 victories, against the backdrop of a packed stadium of French fans cheering for them and shouting their names.
'Geopolitics will be the most important driver of financial markets in 2025.'
US House Speaker Nancy Pelosi is going to visit Taiwan, with scheduled meetings with government officials at the self-governed island that China threatens to forcefully overtake, The Wall Street Journal reported on Monday.
Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.
Biden met with Prime Minister Kishida Fumio of Japan on Monday to advance cooperation on a range of bilateral, regional, and global issues.
In a show of strength, China is deploying its aircraft carrier group and a nuclear submarine in large-scale military drills in the Taiwan Strait in response to US House Speaker Nancy Pelosi's high-stakes visit to Taipei which infuriated Beijing as it claims the island as part of its territory.
China on Wednesday said it will take "strong and effective" countermeasures against the US and Taiwan for violating the "One-China policy", as the US House of Representatives Speaker Nancy Pelosi successfully completed her visit to Taipei disregarding Beijing's vociferous threats.
Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.
India schedule for the seventh day of the Paris Paralympics on Wednesday. Bhavina Patel, is aiming to upgrade her Tokyo silver medal to gold in Paris.
Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.
China has stayed on top for two consecutive months in the MSCI Emerging Markets Investable Market Index (EM IMI), after ceding the position to India in August. At the end of October, China's weight in the key EM gauge stood at 24.72 per cent, up from 21.58 per cent at the end of August. India's weight during this period has slipped to 20.42 per cent from 22.27 per cent.
Chinese President Xi Jinping on Thursday congratulated President-elect Donald Trump on his election victory and called for China and the United States to find the right way to manage the differences by strengthening dialogue and communication.
The rally in Indian mid-and smallcap indices thus far in calendar year 2024 (CY24) has been the best in class across the world, eclipsing the global FTSE benchmarks, and also out running peers from other leading world stock markets. This is despite the correction in the mid-and smallcap segments back home seen in the last few days, triggered by valuation concerns, geopolitical developments amid nervousness ahead of the July - September 2024 (Q2-FY25) corporate results season.
331,602 Indians are studying in the US, making India the 'top sender' of international students to America for the first time in 15 years, as it overtook China for the academic year 2023-2024.
Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.
Lisa Curtis, who served as deputy assistant to President Trump and as National Security Council senior director for South and Central Asia from 2017 to 2021, said she expected the same bumps for India and the US, as in Trump's first term, including tariff, dependence on Russia over arms supply and oil purchase from Iran. Curtis, however, said both countries could never enter an alliance but develop a partnership that is "short of an alliance". She hoped them to achieve a cooperation that deters China, but also prepares both countries in case of a crisis or conflict, be it in the Taiwan Strait, the South China Sea, or another flare-up on the India-China border.
United States President Joe Biden was caught on a hot mic telling leaders of the Quad nations that China was testing them, thus reflecting upon the American seriousness of the emerging Chinese threat.
India's stock markets are experiencing a shift in investor sentiment, with a 30 per cent surge in Chinese stocks, prompting investors to move money from domestic markets to China. This reversal of fortunes is a notable change from the past three years, where China's losses benefited India.
With tensions between China and Taiwan rapidly increasing, the tone of China's official media has also become progressively more strident, observes former senior RA&W officer and China expert Jayadeva Ranade.
India's schedule on Day 7 of the Paris Olympics on Friday.
India's export of fuels like diesel to the European Union jumped 58 per cent in the first three quarters of 2024, with a bulk of them likely coming from refining discounted Russian oil, according to a monthly tracker report. The EU/G7 countries in December 2022 introduced a price cap and an embargo on the imports of Russian crude oil in a bid to cripple Kremlin's revenue and create a vacuum in its funding for the invasion of Ukraine.
US President Joe Biden and his Chinese counterpart Xi Jinping on Monday held their first in-person meeting in Bali, with both leaders underscoring the need to manage their differences and prevent a conflict, amid Beijing's coercive military posturing against Taiwan and in the strategic Indo-Pacific region.
'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'
The recent stimulus measures announced by China have seen most analysts sit up and take notice.
The overall average package offered during IIT Bombay placements 2023-2024 stood at Rs 23.5 LPA. 22 students accepted offers with annual packages exceeding Rs 1 crore.
Algeria's Imane Khelif, a silver medallist at the 2022 World Championships, and Taiwanese boxer Lin Yu-ting have been in the spotlight at the Paris Games amid a gender dispute that has dominated headlines.
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