News for 'Bank of China'

China offers to restore peace in 'grave' Ukraine

China offers to restore peace in 'grave' Ukraine

Rediff.com11 Mar 2022

Premier Li, replying to a question on China's refusal to criticise Russia's military action against Ukraine, said that utmost efforts should be made to support Russia and Ukraine in carrying forward ceasefire negotiations.

Peace in border areas basis for normal India-China ties: Jaishankar

Peace in border areas basis for normal India-China ties: Jaishankar

Rediff.com18 Oct 2022

Jaishankar said the last few years have been a "period of serious challenge", both for the relationship and for the prospects of Asia, noting that continuation of the current impasse will not benefit either India or China.

China planning new highway along India border: Report

China planning new highway along India border: Report

Rediff.com20 Jul 2022

China plans to build a new highway along the Line of Actual Control (LAC) with India as part of Beijing's efforts to strengthen its strategic position and project its power, a media report said on Wednesday.

LAC standoff: China says 4-point 'consensus' reached with India

LAC standoff: China says 4-point 'consensus' reached with India

Rediff.com28 Jul 2022

India and China failed to make any breakthrough, but agreed to maintain dialogue to arrive at a mutually acceptable resolution at the earliest.

China intends to keep 'alive' boundary issue: Army chief

China intends to keep 'alive' boundary issue: Army chief

Rediff.com9 May 2022

Gen Pande also said that Indian troops are adequately deployed along the Line of Actual Control to deal with any situation and that guidance has been given to them to "remain firm and resolute" in their tasks.

'You Can't Expect To Get Hot Potatoes From Colleges'

'You Can't Expect To Get Hot Potatoes From Colleges'

Rediff.com12 Nov 2024

'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'

The Importance Of Russia And US For India

The Importance Of Russia And US For India

Rediff.com8 Jul 2024

New Delhi has reached out to Moscow while waiting for a new president in Washington. New Delhi knows well that in international relations, there are no permanent friends or foes, only permanent national interests, points out Dr Rup Narayan Das.

Foreign Brands Are Eyeing India Again

Foreign Brands Are Eyeing India Again

Rediff.com28 Sep 2024

Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.

'China Wants To keep India On The Hook'

'China Wants To keep India On The Hook'

Rediff.com12 Sep 2022

'This was Indian land the PLA advanced on and occupied.' 'The Chinese then 'negotiated' a pullback of their troops a small distance on Indian territory even as Indian jawans draw back further into India from the forward position.' 'An apparently satisfied Indian government says this is a great move for peace! How great is that for China!'

Silver may outperform if China doesn't relapse into lockdowns

Silver may outperform if China doesn't relapse into lockdowns

Rediff.com30 Jan 2023

Silver, which is currently trading at Rs 68,453 per kilogram, has appreciated 21.7 per cent over the past three months. Investors, however, shouldn't get carried away by its recent performance and put their money in it. Instead, they should evaluate its pros and cons and then take a considered decision based on their risk appetite.

China building bridge over Pangong lake on its territory: Sources

China building bridge over Pangong lake on its territory: Sources

Rediff.com4 Jan 2022

Military experts said the aim of constructing the bridge in the Khurnak area could be to ensure that the Chinese People's Liberation Army is able to quickly mobilise its troops in the region.

India, China to get bigger role in World Bank

India, China to get bigger role in World Bank

Rediff.com27 Apr 2009

The World Bank and IMF have announced that they will try to complete reforms in the Bank's voting structure by next year, a move which would give emerging economies like China and India a greater say in the affairs of the financial institutions.

'Market Assumes Modi's Easy Re-Election'

'Market Assumes Modi's Easy Re-Election'

Rediff.com29 May 2024

'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'

19% of global fund managers bullish on India; Japan most preferred: BofA

19% of global fund managers bullish on India; Japan most preferred: BofA

Rediff.com23 Feb 2024

Nineteen per cent of global fund managers remain bullish on India, suggests the latest BofA Asia Fund Manager Survey (FMS). A total of 249 panelists with $656 billion worth of assets under management (AUM) participated in the survey between February 2 and 8, BofA said. Two hundred and nine participants with $568 billion AUM responded to the global FMS questions, while 145 participants with $331 billion in AUM responded to the regional fund manager survey (FMS) questions, BofA said.

Is Lok Sabha Poll Impacting Markets?

Is Lok Sabha Poll Impacting Markets?

Rediff.com14 May 2024

'It is advisable to stay away from the markets for now and buy only on a dip.'

India returns captured PLA soldier to China

India returns captured PLA soldier to China

Rediff.com11 Jan 2021

The sources said the soldier was handed back to China at the Chushul-Moldo border point in eastern Ladakh at 10.10 am.

Gen Pande visits China border after last month's clash, reviews Army readiness

Gen Pande visits China border after last month's clash, reviews Army readiness

Rediff.com23 Jan 2023

Chief of Army Staff Gen Manoj Pande has carried out a comprehensive review of India's military preparedness along the Line of Actual Control (LAC) in Arunachal Pradesh in his first visit to the border state after last month's clash between Indian and Chinese forces in the Tawang sector.

Situation at Sino-India border 'generally stable': China

Situation at Sino-India border 'generally stable': China

Rediff.com21 Dec 2021

On Monday China said it has "effectively managed and controlled" frictions in certain border areas.

India, China to discuss agreeable disengagement formula

India, China to discuss agreeable disengagement formula

Rediff.com13 Mar 2021

India and China on Friday held 'in-depth' discussions on addressing the remaining issues along the Line of Actual Control (LAC) in eastern Ladakh, holding that disengagement in the North and South banks of Pangong lake provided a good basis to work towards their early resolution.

China confirms Wednesday's border talks, says border 'stable'

China confirms Wednesday's border talks, says border 'stable'

Rediff.com11 Jan 2022

China said on Tuesday that the current situation on the border areas with India was "stable" as it confirmed that the 14th round of Corps Commander-level talks to discuss the disengagement process in the remaining friction points in eastern Ladakh will be held on Wednesday.

India, China key to check global crisis:World Bank

India, China key to check global crisis:World Bank

Rediff.com4 Sep 2009

"We can no longer rely on the US consumer to sustain global growth. We need multiple poles of growth," Zoellick told reporters at a news conference in Beijing.

China's GDP set to decline to 7.7%: World Bank

China's GDP set to decline to 7.7%: World Bank

Rediff.com8 Oct 2012

Weak exports and lower investment growth will cut down China's GDP growth, the World Bank said.

Meet halfway to push bilateral relations back on track: China to India

Meet halfway to push bilateral relations back on track: China to India

Rediff.com23 Jun 2022

'The two sides should support rather than undermine each other, strengthen cooperation rather than guard against each other, and enhance mutual trust rather than be suspicious of each other'

China's PLA troops withdraw from Eastern Ladakh

China's PLA troops withdraw from Eastern Ladakh

Rediff.com16 Feb 2021

The army shared pictures of tanks and convoys of light armored vehicles moving with soldiers and equipment towards the rear areas as part of the disengagement process. Large number of Chinese tanks can be seen moving away from the south bank of the Pangong Tso.

Bank of China launches world's biggest IPO in HK

Bank of China launches world's biggest IPO in HK

Rediff.com1 Jun 2006

Bank of China Limited launched on Thursday the world's biggest initial public offering in six years in Hong Kong stock exchange.

China suspends Lanka energy project after India protest

China suspends Lanka energy project after India protest

Rediff.com3 Dec 2021

China said it has suspended the project due to security concerns from a third party.

Profit-booking drags Sensex, Nifty down

Profit-booking drags Sensex, Nifty down

Rediff.com3 Apr 2024

Among the Sensex constituents, as many as 16 stocks closed with losses with Nestle India, Kotak Mahindra Bank, IndusInd Bank, Bajaj Finserve, Titan and JSW Steel being the major laggards. Index major Reliance, Hindustan Unilever, Maruti and Tata Steel also declined due to selling pressure. In contrast, NTPC, TCS, Tech Mahindra, Bajaj Finance bucked the trend and ended the day in green. Axis Bank, Bharti Airtel, Mahindra & Mahindra and Tata Motors also defied the trend.

Gold imports doubled to record high of $10.06 bn in August

Gold imports doubled to record high of $10.06 bn in August

Rediff.com17 Sep 2024

Gold imports more than doubled in August to a record high of $10.06 billion, mainly on account of a drastic cut in customs duty and ongoing festive demand, according to the Commerce Ministry data. Gold imports stood at $4.93 billion in August 2023. On record high imports, Commerce Secretary Sunil Barthwal said that the tariff rates on gold have been reduced drastically so that smuggling and other activities can come down.

'RBI In No Hurry To Do Big Rate Cuts'

'RBI In No Hurry To Do Big Rate Cuts'

Rediff.com30 Sep 2024

'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'

China silent on further disengagement at other points

China silent on further disengagement at other points

Rediff.com25 Mar 2021

The Indian Army has been pitching for a faster disengagement process in areas like Hot Springs, Gogra and Depsang to bring down tension in the mountainous region.

Jack Ma goes on first foreign tour since China crackdown

Jack Ma goes on first foreign tour since China crackdown

Rediff.com20 Oct 2021

Jack Ma, China's billionaire and founder of e-commerce giant Alibaba, has travelled to Europe for an agriculture study tour, his first trip abroad since he ran into trouble with the Chinese government last year over violating anti-monopoly regulations.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

'India can no longer afford to go soft on China'

'India can no longer afford to go soft on China'

Rediff.com16 Dec 2021

'India cannot allow Beijing's policy of stabilising and destabilising the border at will to perpetuate its own ends.' A riveting excerpt from Manish Tiwari's 10 Flashpoints; 20 Years National Security Situations That Impacted India.

China's economy to slow down to 7.6% this year: World Bank

China's economy to slow down to 7.6% this year: World Bank

Rediff.com6 Jun 2014

China's new leadership headed by Xi ruled out massive stimulus similar to the one in 2008 which amounted to $645 billion to tide over the global economic crisis.

Why are gold prices rising? Chris Wood of Jefferies explains

Why are gold prices rising? Chris Wood of Jefferies explains

Rediff.com22 Apr 2024

Gold prices have been on an uptrend in the last few months, rising nearly 28 per cent to $2387 per ounce now. This rise in gold price, according to Christopher Wood, global head of equity strategy at Jefferies, is attributed to the demand from China amid lack of investor euphoria as regards the yellow metal. "Recent developments show a distinct lack of investor euphoria as regards gold, the question remains what is driving the current rally.

'AI Might Enslave Or Annihilate Us'

'AI Might Enslave Or Annihilate Us'

Rediff.com10 Dec 2024

'It is the first technology in history which is not just a tool, it is an agent.' Yuval Noah Harari on the dangers on AI.

'Markets Not In Panic Yet, But...'

'Markets Not In Panic Yet, But...'

Rediff.com7 Oct 2024

'If you see another 1000-point correction, people may start panicking.'

Pentagon reveals China's border tactics with India

Pentagon reveals China's border tactics with India

Rediff.com4 Nov 2021

China has been taking "incremental and tactical actions" to press its claims at the Line of Actual Control (LAC) with India and has unsuccessfully sought to prevent New Delhi from deepening its relationship with the US during and subsequent to the standoff, the Pentagon has said in a major report on China's military modernisation.

Invest In Stocks, Gold Or Bitcoin?

Invest In Stocks, Gold Or Bitcoin?

Rediff.com17 Jul 2024

'We expect market consolidation and recommend buying during market dips.'