News for 'Bank of China'

'Salman stands up when I enter the room'

'Salman stands up when I enter the room'

Rediff.com12 Jun 2023

'What more can I ask for?' 'Salman and Ranbir Kapoor know how to respect their seniors.'

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Rediff.com10 Oct 2023

The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

Need 'full and sincere' disengagement: India to China on Ladakh

Need 'full and sincere' disengagement: India to China on Ladakh

Rediff.com30 Apr 2021

The Ministry of External Affairs said the two ministers discussed the outstanding issues related to disengagement from all friction points along the Line of Actual Control in eastern Ladakh.

After fresh face-off, India-China hold Brigade commander level meet

After fresh face-off, India-China hold Brigade commander level meet

Rediff.com1 Sep 2020

The meeting came after the Indian Army thwarted an attempt by the Chinese Army to transgress into Indian areas near the southern bank of Pangong Tso near Chushul in Ladakh on the intervening night of Saturday and Sunday.

Shivalika-Vipul's Lovely Love Story

Shivalika-Vipul's Lovely Love Story

Rediff.com15 Feb 2024

'Society tends to get uncomfortable when a girl takes the initiative. But who cares? I proposed to him,' says Shivalika V Patel.

India likely to discuss crude oil discounts with Iraq and UAE soon

India likely to discuss crude oil discounts with Iraq and UAE soon

Rediff.com27 Aug 2023

India will soon meet Iraq and the United Arab Emirates (UAE) to seek a definitive rate of discount on crude oil similar to what Russia has provided so far, sources said. Multiple officials and industry executives said Iraq, which is India's biggest oil supplier, wants to discuss the level of discounts expected by Indian refiners. India's focus on snapping up ever-increasing volumes of Russian crude oil has led to a corresponding decline in imports from the Middle East. Flows from Iraq, Saudi Arabia, and the UAE have suffered as a result.

Markets close on mixed note; Sensex slides, Nifty gains

Markets close on mixed note; Sensex slides, Nifty gains

Rediff.com5 Jul 2023

Equity benchmark indices ended flat on Wednesday with Sensex sliding 33 points and Nifty gaining 9 points after an unabated record-breaking rally in the last few trading sessions. Weak global market trends and fall in HDFC twins also spoiled markets party. The 30-share BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04.

Is V K Singh Up For Promotion?

Is V K Singh Up For Promotion?

Rediff.com9 Sep 2023

General Singh was assigned to receive leaders representing the planet's two superpowers -- the president of the United States and the premier of the People's Republic of China.

Hot Springs areas focus of 15th round of India-China talks

Hot Springs areas focus of 15th round of India-China talks

Rediff.com11 Mar 2022

India and China on Friday are holding another round of high-level military dialogue to resolve the 22-month-long standoff in some friction points in eastern Ladakh, two months after the last round of such talks failed to yield any significant outcome.

'Pinpricks by China have never stopped'

'Pinpricks by China have never stopped'

Rediff.com11 Jun 2020

'The Indian Army's surveillance had noticed the Chinese movements.' 'There was no intelligence failure.'

India, China complete disengagement in Pangong area; to hold talks on Saturday

India, China complete disengagement in Pangong area; to hold talks on Saturday

Rediff.com19 Feb 2021

Sources indicated that during Saturday's talks, India will insist on a faster disengagement process in remaining areas to bring down tension in the region, which has witnessed a tense standoff between the two militaries for over nine months.

Rajnath begins visit to Ladakh amid stalemate in China talks

Rajnath begins visit to Ladakh amid stalemate in China talks

Rediff.com27 Jun 2021

The dedication of Indian soldiers and veterans towards the country is an 'exemplary example', Defence Minister Rajnath Singh said on Sunday soon after arriving in Ladakh on a three-day visit aimed at taking stock of India's military preparedness in the region in the face of a prolonged border row with China.

Let's prepare for coming economic war with China

Let's prepare for coming economic war with China

Rediff.com28 Jul 2020

India has no option but to shut China out, notes T C A Srinivasa-Raghavan.

'India, China can't have 'normal' relationship if...'

'India, China can't have 'normal' relationship if...'

Rediff.com18 Feb 2021

Foreign Secretary Harsh Vardhan Shringla terms India's relationship with China as "complex".

'Nothing alarming about fall in financial savings yet'

'Nothing alarming about fall in financial savings yet'

Rediff.com25 Sep 2023

'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'

US does not want India-China row to escalate: Official

US does not want India-China row to escalate: Official

Rediff.com24 Oct 2020

The official told the reporters during a conference call on Friday, ahead of the next week's 2+2 India-US Ministerial in New Delhi, that the Trump administration was providing support to India through defence sales, joint military exercises and information sharing.

Don't shift border resolution goalpost: India envoy to China

Don't shift border resolution goalpost: India envoy to China

Rediff.com26 Sep 2021

India has told China not to "shift goalposts" and "confuse" managing the border affairs and restoring peace at the frontiers with the larger issue of the resolution of the boundary question, which is dealt with by different designated mechanisms.

Sensex tanks 505 points on profit booking

Sensex tanks 505 points on profit booking

Rediff.com7 Jul 2023

Among major Sensex shares, PowerGrid fell the most by 2.76 per cent. IndusInd Bank dropped 2.34 per cent, HUL by 2.23 per cent and NTPC by 2.04 per cent. ICICI Bank, HDFC Bank, HDFC, ITC, Infosys, L&T, Bajaj Finance, Kotak Bank, HCL Tech and Tech Mahindra were among the losers. On the other hand, Tata Motors rose the most by 2.94 per cent, followed by Titan which gained 1.26 per cent. Mahindra & Mahindra, SBI and TCS were also among gainers.

India can fight China, but not with a divided house

India can fight China, but not with a divided house

Rediff.com9 Nov 2021

We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.

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.

22 new athletes added to Asian Games contingent

22 new athletes added to Asian Games contingent

Rediff.com14 Sep 2023

In shooting, India have added Manisha Keer, Preeti Rajak and Angad Vir Singh Bajwa, while in athletics, Amlan Borgohain, Preeti and Prachi have been added to the squad.

Moody's report on India's economic outlook 'extremely disappoints' govt

Moody's report on India's economic outlook 'extremely disappoints' govt

Rediff.com25 Aug 2023

The government is "extremely disappointed" with the latest report of the Moody's rating agency on India's economic outlook. The report, a senior government official said, was highly contradictory and called the rating agency's credibility into question. Referring to the Moody's statement that "India's fiscal strength remains a key weakness in the sovereign credit profile...", the official remarked: "How can my strength be my weakness? Moreover, they are unwilling to have a like-to-like comparison with India."

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.

China engaged in provocative action on Monday too: India

China engaged in provocative action on Monday too: India

Rediff.com1 Sep 2020

The MEA spokesperson further said the actions and behaviour of the Chinese side since earlier this year along the LAC have been in "clear violation" of the bilateral agreements and protocols concluded between the two countries to ensure peace and tranquility on the border.

China and Xi want India to fail

China and Xi want India to fail

Rediff.com1 Oct 2020

By jettisoning the vision of multilateral world in favour of a Han Empire, China has posed a major long term challenge to India. India must stand firm against Chinese expansionism but also keep a door open for future detente by making a clear distinction between Chinese people and the current Chinese leadership, observe Lieutenant General Ashok Joshi (Retd) and Colonel Anil Athale (Retd).

China or Pakistan? Who should Modi make peace with?

China or Pakistan? Who should Modi make peace with?

Rediff.com12 Mar 2021

India must break out of this strategic triangulation between China and Pakistan. We need to settle our issues with one of the two, notes Shekhar Gupta.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com11 Jun 2023

Announcement of macroeconmic data such as industrial production and inflation, the US Federal Reserve's interest rate decision along with trends in global equities would dictate movement in the stock market this week, analysts said. Besides, foreign fund trading activity would also guide the trends in equities. "All eyes are now on the US Fed policy outcome for cues, which is scheduled on June 14. In the following sessions, the European Central Bank (ECB) and Bank of Japan (BoJ) will also announce their policy decisions.

'India and China don't want to go to war'

'India and China don't want to go to war'

Rediff.com3 Nov 2021

'China is unwilling to restore the status quo ante of April 2020.' 'India will have to weigh its options based on this premise.'

India, China agree to maintain momentum in dialogue

India, China agree to maintain momentum in dialogue

Rediff.com5 Aug 2021

The border standoff between the Indian and Chinese militaries erupted on May 5 last year following a violent clash in the Pangong lake area and both sides gradually enhanced their deployment by rushing in tens of thousands of soldiers as well as heavy weaponry.

Prez invokes Ram temple, Art 370 in Parl speech

Prez invokes Ram temple, Art 370 in Parl speech

Rediff.com31 Jan 2024

In her first address to a joint sitting of the two Houses in the new Parliament building in which she touched on varied issues ranging from insurgency to inflation, Murmu said a country can progress at a fast pace only when it defeats the challenges of the past and puts maximum energy into building the future.

'China: Hope for the best, prepare for the worst'

'China: Hope for the best, prepare for the worst'

Rediff.com12 Oct 2021

'We have to up our vigil everywhere, all along the LAC -- winter, summer or spring.'

'IPO market has bullish outlook in 2024'

'IPO market has bullish outlook in 2024'

Rediff.com12 Dec 2023

'A key reason for the strong interest in IPOs has been an increased focus on profitability and reasonable pricing of deals.'

No attempt by China to occupy Ladakh: Army trashes report

No attempt by China to occupy Ladakh: Army trashes report

Rediff.com14 Jul 2021

The army made the comments as part of a statement trashing a media report that said the Chinese military has again crossed the Line of Actual Control in eastern Ladakh at several places and that there has been at least one incident of clash between the two sides.

Sensex climbs 205 points to all-time closing high of 66,795

Sensex climbs 205 points to all-time closing high of 66,795

Rediff.com18 Jul 2023

From the Sensex pack, Infosys jumped the most by 3.67 per cent. Asian Paints, HCL Technologies, Reliance Industries, ICICI Bank, Wipro, NTPC, Tech Mahindra, Bajaj Finserv and Larsen & Toubro were among the other major gainers. State Bank of India, Bajaj Finance, Titan, Tata Steel, Tata Motors and UltraTech Cement were among the laggards.

Chinese parliament ratifies BRICS Bank agreement

Chinese parliament ratifies BRICS Bank agreement

Rediff.com1 Jul 2015

The bank will have initial authorised capital of $100 billion

IMF lowers India's growth projection to 5.9% for FY24

IMF lowers India's growth projection to 5.9% for FY24

Rediff.com11 Apr 2023

The International Monetary Fund (IMF) on Tuesday lowered India's economic growth projection for the current fiscal to 5.9 per cent from 6.1 per cent earlier. Yet India will continue to be the fastest-growing economy in the world. In its annual World Economic Outlook, IMF also lowered the forecast for 2024-25 fiscal (April 2024 to March 2025) to 6.3 per cent from the 6.8 per cent it had predicted in January this year. The growth rate of 5.9 per cent in the 2023-24 fiscal compares to an estimated 6.8 per cent in the previous year.

China plays Punjabi songs for Indian troops at Ladakh's Finger 4

China plays Punjabi songs for Indian troops at Ladakh's Finger 4

Rediff.com16 Sep 2020

According to sources, the post at which the Chinese army has put up loudspeakers is under 24x7 constant watch by Indian soldiers and it is possible that the Chinese might be indulging in such drama to distract our troops or perhaps just relieve the pressure.

Biden Checkmates China in Kabul

Biden Checkmates China in Kabul

Rediff.com11 Nov 2021

Beijing's growing assertiveness as kingmaker in Kabul has suffered a setback with Washington quietly moving in, observes Ambassador M K Bhadrakumar.

'India is a equity market to invest in'

'India is a equity market to invest in'

Rediff.com13 Jul 2023

'India is an equity market with a breadth and depth of companies to invest in.'

China standoff likely to be prolonged: Defence ministry

China standoff likely to be prolonged: Defence ministry

Rediff.com6 Aug 2020

This is the first time that the defence ministry has admitted officially about the transgressions by the Chinese troops.