News for 'Bank of China'

WTA threatens to pull out of tournaments in China over Peng

WTA threatens to pull out of tournaments in China over Peng

Rediff.com19 Nov 2021

An outcry over the whereabouts of Chinese tennis star Peng Shuai escalated on Friday as the Women's Tennis Association (WTA) said it was prepared to pull its tournaments out of China if they were not satisfied with the response to her sexual assault allegation.

'India's rating downgrade is done at China's behest'

'India's rating downgrade is done at China's behest'

Rediff.com5 Jun 2020

'China's investment destination image the world over has taken a beating, therefore investors feel India is a safe haven for investments.' 'FDI is at an all-time high in India.' 'Now after such poor ratings, this FDI amount will fall.' 'Therefore, I am saying these things are happening at China's behest.'

Wimbledon PIX: Top seed Swiatek shocked by Putintseva

Wimbledon PIX: Top seed Swiatek shocked by Putintseva

Rediff.com7 Jul 2024

IMAGES from Day 6 of the Wimbledon Championships, at the All England Lawn Tennis and Croquet Club, London, on Saturday.

Village cited by Pentagon is in China-controlled territory, say sources

Village cited by Pentagon is in China-controlled territory, say sources

Rediff.com9 Nov 2021

A village built by China along the Line of Actual Control in the Arunachal Pradesh sector and mentioned in a recent Pentagon report, is in territory controlled by that country, sources in the security establishment in New Delhi said on Tuesday.

Sunday's border talks with China to take place on Indian side of LAC

Sunday's border talks with China to take place on Indian side of LAC

Rediff.com15 Jul 2022

The 16th round of military talks between India and China on the lingering border standoff in eastern Ladakh will be held on July 17 on the Indian side of the Line of Actual Control (LAC) in the region, official sources said on Friday.

Situation not normal, work in progress: Jaishankar gets candid on China

Situation not normal, work in progress: Jaishankar gets candid on China

Rediff.com25 Mar 2022

Wang arrived in Delhi on Thursday evening in the highest-level visit between the two countries after the ties came under severe strain following the military standoff in eastern Ladakh that began nearly two years ago.

China goes on offensive against US at bilateral talks

China goes on offensive against US at bilateral talks

Rediff.com26 Jul 2021

Talks between Chinese Vice Foreign Minister Xie Feng and US Deputy Secretary of State Wendy Sherman to improve the relations got off on a rough note at the northeastern Chinese port city of Tianjin, with Xie launching a blistering attack on Washington, accusing it of being the "owner of coercive diplomacy".

'Nobody's Asking Where Money Will Come For Freebies'

'Nobody's Asking Where Money Will Come For Freebies'

Rediff.com24 May 2024

'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'

VC investments from China down by 66% in 2020

VC investments from China down by 66% in 2020

Rediff.com18 Sep 2020

The drop was the result of the change in FDI rules, which was amplified by the border standoff between India and China.

'Ladakh Disengagement No Win Situation For India And China'

'Ladakh Disengagement No Win Situation For India And China'

Rediff.com16 Sep 2022

'The Chinese are retaining geostrategic pressure on India by keeping troops there and building infrastructure continually.'

Where is China's Alibaba group founder Jack Ma?

Where is China's Alibaba group founder Jack Ma?

Rediff.com4 Jan 2021

Chinese billionaire and Alibaba group founder Jack Ma is suspected to be missing following his mysterious disappearance from the public eye for over two months after Beijing's aggressive crackdown on his business empire.

Select unsecured loans up by nearly Rs 7 trillion since 2019

Select unsecured loans up by nearly Rs 7 trillion since 2019

Rediff.com16 Oct 2023

People are availing far more of certain kinds of unsecured loans than was the case before the pandemic. Bank lending for buying consumer durables and funding of credit cards and other personal loans have risen by Rs 6.9 trillion between August 2019 and August 2023, shows a Business Standard analysis of data from the Reserve Bank of India (RBI). These loans are typically unsecured, which means they are provided without collateral.

Wednesday's talks with China to focus on disengagement from Hot Springs

Wednesday's talks with China to focus on disengagement from Hot Springs

Rediff.com10 Jan 2022

India is looking forward to a "constructive" dialogue with China to resolve issues in remaining friction points in eastern Ladakh, sources in the security establishment said on Monday ahead of the 14th round of military talks between the two sides on the 20-month row.

Afghanistan can't be terror haven: China warns Taliban

Afghanistan can't be terror haven: China warns Taliban

Rediff.com17 Aug 2021

The remarks by China's deputy permanent representative to the UN, Geng Shuang, came during an emergency meeting of the Security Council on the situation in Afghanistan on Monday after the sudden and rapid takeover of the Afghanistan government by the Taliban insurgents.

16th round of India-China military talks likely on July 17

16th round of India-China military talks likely on July 17

Rediff.com13 Jul 2022

India and China are likely to hold the 16th round of high-level military talks on July 17 to resolve the issues in remaining friction points along the Line of Actual Control (LAC) in eastern Ladakh, people familiar with the development said on Wednesday.

Markets tumble as China jolts global stocks; IT, banks end in red

Markets tumble as China jolts global stocks; IT, banks end in red

Rediff.com26 Aug 2015

Fear factors weights on markets, Sensex, Nifty struggle to keep pace.

'Next few months are likely to see increased volatility'

'Next few months are likely to see increased volatility'

Rediff.com22 Feb 2024

'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'

Aim to make India core in global energy revolution: Ola Electric

Aim to make India core in global energy revolution: Ola Electric

Rediff.com1 Jul 2024

In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com14 Jan 2024

Movement in the equity market this week will largely be dictated by quarterly earnings of blue-chip firms HDFC Bank and Hindustan Unilever, along with the announcement of WPI inflation data and global trends, analysts said. Trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also guide the movement.

Bank stocks drag Sensex down 661 points at close

Bank stocks drag Sensex down 661 points at close

Rediff.com14 Jul 2020

Shares of the HDFC duo led the fall in the indices, shedding up to 2.94 per cent. IndusInd Bank, Axis Bank, Maruti, Bajaj Finserv, PowerGrid and SBI were among the other major laggards.

Indian troops fired 'warning shots' at PLA, claims China

Indian troops fired 'warning shots' at PLA, claims China

Rediff.com8 Sep 2020

'India's behaviour violated agreements...It's a serious military provocation'

'Unjustified': Pak after India seizes nuclear cargo from ship

'Unjustified': Pak after India seizes nuclear cargo from ship

Rediff.com3 Mar 2024

Security agencies at Mumbai's Nhava Sheva port intercepted and seized the consignment of a Karachi-bound ship from China after it was found carrying a dual-use consignment with implications for Pakistan's nuclear and ballistic missile programmes.

China's tech crackdown may be good news for Indian start-ups

China's tech crackdown may be good news for Indian start-ups

Rediff.com2 Sep 2021

The Chinese government is imposing severe restrictions on their tech companies - whether it is on data security, marketing practices or floating an IPO. Should this be music to the ears of Indian start-ups and home-grown private equity (PE) funds? Ask Indian start-ups and the answer is a resounding "yes".

India, China to continue military and diplomatic talks: Govt

India, China to continue military and diplomatic talks: Govt

Rediff.com16 Sep 2020

In a written reply to a question in Lok Sabha, Minister of State for External Affairs V Muraleedharan gave a brief account of the four-month-long standoff and said the Chinese side attempted to transgress the Line of Actual in several areas of the western sector since mid-May.

Ladakh row: China 'ready to seek mutually acceptable solution'

Ladakh row: China 'ready to seek mutually acceptable solution'

Rediff.com15 Jul 2021

During their hour-long in-person meeting on the sidelines of a Shanghai Cooperation Organisation (SCO) conclave in Dushanbe on Wednesday, External Affairs Minister S Jaishankar also told his Chinese counterpart and State Councilor Wang Yi that any unilateral change in the status quo along the Line of Actual Control (LAC) was 'not acceptable' to India and that the overall ties can only develop after full restoration of peace and tranquillity in eastern Ladakh.

Vivo told to give Rs 950 cr bank guarantee to ED to operate frozen A/Cs

Vivo told to give Rs 950 cr bank guarantee to ED to operate frozen A/Cs

Rediff.com13 Jul 2022

The Delhi high court on Wednesday allowed Chinese smartphone maker Vivo to operate its various bank accounts frozen by the Enforcement Directorate in connection with a money-laundering probe subject to furnishing of a bank guarantee of Rs 950 crore within a week with the agency. Justice Yashwant Varma also directed the company to give details to ED about its remittances and issued notice to the investigating agency on Vivo's plea seeking quashing of the order freezing its various bank accounts. ED contended that presently the proceeds of crime have been quantified to Rs 1200 crore.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

China's amassing of troops responsible for Ladakh row: India

China's amassing of troops responsible for Ladakh row: India

Rediff.com24 Jun 2021

India on Thursday blamed China's actions of amassing a large number of troops close to the border and attempts to unilaterally alter the status quo along the Line of Actual Control (LAC) last year for the continuing military standoff in eastern Ladakh, and asserted that these acts were in violation of Sino-India bilateral agreements.

'Chinese side not agreeable': India, China disengagement talks fail

'Chinese side not agreeable': India, China disengagement talks fail

Rediff.com11 Oct 2021

"The meeting thus did not result in resolution of the remaining areas," the Army said in a statement.

Bumla pass: India-China face-off in the high Himalayas

Bumla pass: India-China face-off in the high Himalayas

Rediff.com18 Dec 2021

Situated at a height of 15,200 feet above sea level, the pass sits on the top of a craggily formed Himalayan range that separates the Tibetan plateau from the Indian sub-continent.

'New Investors Won't Digest Such Falls'

'New Investors Won't Digest Such Falls'

Rediff.com23 Jan 2024

'If individual stocks start falling 25% to 30% or more, then I doubt how many of them will be able to withstand that (kind of selloff). That is when you'll see panic coming in.'

Govt open to bring any change in Agnipath scheme if...: Rajnath

Govt open to bring any change in Agnipath scheme if...: Rajnath

Rediff.com29 Mar 2024

Defence Minister Rajnath Singh on Thursday defended the Agnipath scheme underlining that the future of youths joining as Agniveers would not be impacted, even as he said the government was 'open' to bring any change in it 'if required'.

Rajan a 'great' central bank governor: World Bank Prez

Rajan a 'great' central bank governor: World Bank Prez

Rediff.com30 Jun 2016

Indian economy grew at 7.9 per cent in fourth quarter of 2015-16.

NEET: Cure The Disease Not The Symptoms

NEET: Cure The Disease Not The Symptoms

Rediff.com17 Jul 2024

'The Indian private sector knows how to build and run educational organisations, what is needed is a large dose of removal of restrictions.' 'Government restrictions hold back universities in India from launching medical schools,' argue Ajay Shah and Vijay Kelkar.

India's gold demand up 8% in Q4 despite high price

India's gold demand up 8% in Q4 despite high price

Rediff.com30 Apr 2024

India's gold demand rose 8 per cent annually to 136.6 tonne in the March quarter helped by a strong economic environment despite prices touching historic highs, according to the World Gold Council. The aggressive gold buying by the Reserve Bank of India (RBI) also contributed to the rise in demand. India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore during the January-March period of this year on volume growth as well as a rise in quarterly average prices by 11 per cent.

After 4 months, forex reserves once again above $600 bn

After 4 months, forex reserves once again above $600 bn

Rediff.com8 Dec 2023

India's foreign exchange reserves increased to $604 billion as on December 1, surpassing the $600 billion mark after a gap of about four months. The forex reserves were last above the $600 billion mark on August 11 this year. "India's foreign exchange reserves stood at $604 billion as on December 1, 2023.

On a hat-trick: Will Das throw up another surprise?

On a hat-trick: Will Das throw up another surprise?

Rediff.com7 Dec 2023

Reserve Bank of India (RBI) Governor Shaktikanta Das had stumped the market in the previous two policies - in August and in October - first with action and then with words. In August, it was the introduction of an incremental cash reserve ratio (I-CRR) to take out excess liquidity, which took the markets by surprise. In October, there was no action. Rather, what is known as "open mouth operation", Das' comment that the central bank might conduct open market operations (OMOs) by selling bonds tempered the euphoria in the bond markets after JP Morgan's inclusion of India in its Emerging Market Bond Index.

India, China may hold another round of talks this week

India, China may hold another round of talks this week

Rediff.com23 Jun 2021

India and China are likely to hold another round of diplomatic talks this week on eastern Ladakh with a focus on moving forward in disengagement of troops in the remaining friction points, people familiar with the development said on Tuesday.

2021: An year of record trade amid frozen India-China ties

2021: An year of record trade amid frozen India-China ties

Rediff.com24 Dec 2021

India and China achieved a major milestone this year when their bilateral trade crossed the landmark figure of $100 billion but it did not generate any fanfare in both capitals as the two Asian giants are going through a "particularly bad patch" in their relations due to a set of actions by Beijing in violation of agreements that led to the military standoff in eastern Ladakh. Starting with a modest $1.83 billion in 2001, the bilateral trade crossed $100 billion-mark in the first 11 months this year, a significant milestone for which the two countries carried out campaigns to boost trade and build it as a major stakeholder to improve the relations between two nations, whose ties otherwise remained frosty over the festering boundary dispute and strategic rivalry. According to last month's data from China's General Administration of Customs (GAC), the India-China bilateral trade totalled $114.263 billion, up 46.4 per cent year-on-year from January to November 2021.

Telecom, auto, tech stocks help Sensex, Nifty hit fresh lifetime highs

Telecom, auto, tech stocks help Sensex, Nifty hit fresh lifetime highs

Rediff.com15 Sep 2023

Bharti Airtel was the biggest gainer in the Sensex pack, rising 2.37 per cent, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank and Nestle. Asian Paints, Hindustan Unilever, Bajaj Finserv and NTPC were among the laggards.