News for 'Bank of China'

Nagal savours big payday after injuries and hard work

Nagal savours big payday after injuries and hard work

Rediff.com16 Jan 2024

'From where I started, I was pretty proud of myself to be able to give myself another chance to be here, to qualify and play a second round. It's a good feeling.'

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.

Govt nods EV policy; min investment fixed at $500 mn

Govt nods EV policy; min investment fixed at $500 mn

Rediff.com15 Mar 2024

The government on Friday approved an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of $500 million, a move aimed at attracting major global players like US-based Tesla. According to an official statement, the companies setting up manufacturing facilities for e-vehicles will be allowed to import a limited number of cars at lower customs duty. The policy seeks to promote India as a manufacturing destination for EVs and attract investment from reputed global EV manufacturers, it added.

How NIIT became a big success in China

How NIIT became a big success in China

Rediff.com18 Feb 2020

The job placement rate for students trained by NIIT in China is over 90 per cent.' A revealing excerpt from Saibal Dasgupta's Running With The Dragon: How India Should Do Business With China.

'It's like joining G-20, but not as good'

'It's like joining G-20, but not as good'

Rediff.com6 Sep 2023

'Many countries believe that if they join BRICS, they will be seen as emerging countries and their stature will be enhanced.' 'G-20 still has common action plans while BRICS does not do that much.'

BSE, NSE close at record highs; Sensex breaches 69K

BSE, NSE close at record highs; Sensex breaches 69K

Rediff.com5 Dec 2023

Among the Sensex firms, Adani Enterprises and Adani Ports sustained their gaining momentum and traded higher by 4.40 per cent and 4.37 per cent, respectively. BPCL, Axis Bank, Mahindra & Mahindra and SBI were the other major gainers. On the other hand, HCL Tech, Infosys and Bajaj Auto traded in the negative zone with a loss of up to 1.54 per cent.

China's population at 1.41bn, may begin to decline by 2022

China's population at 1.41bn, may begin to decline by 2022

Rediff.com11 May 2021

China's birth rate has been in decline since 2017, despite easing of the 'one-child policy' in order to avert an incoming demographic crisis.

We failed to take China's warnings seriously

We failed to take China's warnings seriously

Rediff.com11 Jun 2020

'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.

Sensex tanks 362 points; Yes Bank crashes 22%

Sensex tanks 362 points; Yes Bank crashes 22%

Rediff.com1 Oct 2019

Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and Reliance Industries -- falling as much as 6.30 per cent.

Sensex ends 167 points lower; Yes Bank cracks 5%

Sensex ends 167 points lower; Yes Bank cracks 5%

Rediff.com12 Sep 2019

Top other laggards in the Sensex pack included Tata Motors, Maruti, Axis Bank, Bharti Airtel, RIL, NTPC, Bajaj Auto, Asian Paints, ITC, Kotak Bank, Bajaj Finance and TCS, falling up to 5.10 per cent.

Israel has right for self-defence, but...: Putin on Hamas attack

Israel has right for self-defence, but...: Putin on Hamas attack

Rediff.com14 Oct 2023

Russia proceeds "from the postulate, a negotiated solution to the Palestinian-Israeli conflict has no alternatives," said Putin while speaking at the Commonwealth of Independent States summit in Bishkek, Kyrgystan on Friday.

Sensex ends marginally higher; Yes Bank drops 5%

Sensex ends marginally higher; Yes Bank drops 5%

Rediff.com1 Nov 2019

Top gainers in the Sensex pack included IndusInd Bank, Tata Steel, Vedanta, Tech Mahindra, ONGC, Axis Bank and ITC, rising up to 5.18 per cent.

Army thwarts fresh attempts by China to change status quo in Pangong Lake

Army thwarts fresh attempts by China to change status quo in Pangong Lake

Rediff.com31 Aug 2020

Army Spokesperson Colonel Aman Anand said troops from China's People's Liberation Army (PLA) 'violated' the consensus arrived at during military and diplomatic engagements on the ongoing standoff in eastern Ladakh, and carried out provocative military movements to change the status quo.

India, China armies try to cool tensions in Ladakh ahead of FMs meet

India, China armies try to cool tensions in Ladakh ahead of FMs meet

Rediff.com9 Sep 2020

The sources said the situation in eastern Ladakh remained 'tense' and that around 30-40 soldiers of China's People's Liberation Army (PLA) are holding up at a position close to an Indian post in the Rezang-La ridgeline in eastern Ladakh.

Once nearly half, China's market capitalisation is now 5x India's

Once nearly half, China's market capitalisation is now 5x India's

Rediff.com10 Sep 2020

China is the world's second-largest - both in terms of GDP and m-cap. At $10 trillion, its m-cap is second only to the US at $38 trillion.

Sentiment turns stronger for steel stocks

Sentiment turns stronger for steel stocks

Rediff.com9 Sep 2023

Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. First, there was a sharp price rise due to fears of supply disruption, followed by weak global demand. China's weakness and rolling lockdowns have hit production and demand.

Global Dark Economy Clouds Hover Over India

Global Dark Economy Clouds Hover Over India

Rediff.com30 Aug 2023

'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.

How the markets will fare this week

How the markets will fare this week

Rediff.com29 Oct 2023

The US Federal Reserve's interest rate decision, global cues, macroeconomic data announcements and the ongoing quarterly earnings are the major triggers that will dictate trends in stock markets this week, analysts said. Besides, the trading activity of foreign investors and the movement of global oil benchmark Brent crude will also be tracked. "All eyes are on the outcome of the US Federal Reserve meeting scheduled for November 1, particularly due to the multi-year high levels of the US bond yields.

Refrain from action that escalates situation: China on PM's visit

Refrain from action that escalates situation: China on PM's visit

Rediff.com3 Jul 2020

"India and China are in communication and negotiations on lowering the temperatures through military and diplomatic channels. No party should engage in any action that may escalate the situation at this point," Chinese Foreign Ministry spokesperson Zhao Lijian said during a briefing when asked about the Prime Minister's visit.

India, China militaries to hold 11th round of talks on Friday

India, China militaries to hold 11th round of talks on Friday

Rediff.com8 Apr 2021

India and China to hold the 11th round of corps commander-level talks at Chushul in eastern Ladakh at 10.30 am on Friday that is expected to focus on disengagement of troops in remaining friction points, sources within the Indian Army said.

'We are where we were': Army chief says not an inch lost to China

'We are where we were': Army chief says not an inch lost to China

Rediff.com31 Mar 2021

The Army Chief further spoke about the situation at other friction points where China was aggressive like Gogra Hotsprings.

'India must have its place in the sun'

'India must have its place in the sun'

Rediff.com18 Sep 2023

'China seems more intent on creating a new world order rather than shaping the existing one.' 'India is of course, at this moment in time, aligned with the West-led order because of China's full-spectrum aggressive behaviour towards India.'

Bank, auto stocks drag Sensex down 289 points

Bank, auto stocks drag Sensex down 289 points

Rediff.com30 Jul 2019

In the Sensex pack, Yes bank emerged as the biggest loser, falling 9.13 per cent, followed by IndusInd Bank (6.6 per cent), HeroMotoCorp (6.01 per cent), Sun Pharma (4.79 per cent) and SBI (4.70 per cent).

PM handed over Bharat Mata ka tukda to China: Rahul

PM handed over Bharat Mata ka tukda to China: Rahul

Rediff.com12 Feb 2021

His attack on the government came a day after Defence Minister Rajnath Singh assured Parliament that India has not conceded anything in the sustained talks with China and it will not allow even an inch of its territory to be taken away by anyone.

Rs Least Volatile Against $ In 30 Years

Rs Least Volatile Against $ In 30 Years

Rediff.com5 Jan 2024

Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.

Sensex revisits 66K; Nifty surges 116 points

Sensex revisits 66K; Nifty surges 116 points

Rediff.com7 Sep 2023

From the Sensex pack, Larsen & Toubro jumped 4.26 per cent to emerge as the biggest gainer, followed by IndusInd Bank, Tech Mahindra, State Bank of India, HCL Technologies, Power Grid, NTPC, Axis Bank, Kotak Mahindra Bank, HDFC Bank and Wipro. Mahindra & Mahindra, Infosys, UltraTech Cement and Hindustan Unilever were the major laggards.

Why is China more and more nervous?

Why is China more and more nervous?

Rediff.com14 Apr 2021

The Tibetan nation still lives under the yoke of the Chinese Communist Party, and Beijing today has a guilty conscience; this creates a great uneasiness for Xi Jinping and his colleagues observes Claude Arpi.

Invites show the world is sure of Modi's victory: Rajnath

Invites show the world is sure of Modi's victory: Rajnath

Rediff.com14 Apr 2024

Defence Minister Rajnath Singh on Sunday claimed that Prime Minister Narendra Modi has been receiving invitations for functions scheduled much after the Lok Sabha polls, which showed the 'entire world believes his return to power is inevitable'.

With eye on China, Quad nations emphasise respecting sovereignty

With eye on China, Quad nations emphasise respecting sovereignty

Rediff.com18 Feb 2021

In the midst of rising global concern over China's military expansionism, India and three other member nations of the Quad on Thursday vowed to uphold a rules-based international order underpinned by respect for territorial integrity and sovereignty, freedom of navigation and peaceful resolution of disputes.

Two Cheers! India Is In A Good Place

Two Cheers! India Is In A Good Place

Rediff.com2 Jan 2024

While India should be concerned about disparities, the fact is that whereas three decades ago about half the people had incomes greater than $2.15 a day, today seven out of eight do, notes T N Ninan.

India, China military commanders hold over 12-hr-long talks

India, China military commanders hold over 12-hr-long talks

Rediff.com21 Sep 2020

It is learnt that the Indian delegation insisted on a time-bound implementation of the agreement finalised during the extensive talks between External Affairs Minister S Jaishankar and his Chinese counterpart Wang Yi in Moscow on September 10 on the sidelines of a Shanghai Cooperation Organisation(SCO) meet.

Sensex, Nifty off record highs; banking stocks drag

Sensex, Nifty off record highs; banking stocks drag

Rediff.com15 Jan 2020

Domestic investors were also concerned about possible stagflation in India due to low growth and high inflation in wake of recently released government data. IndusInd Bank was the top loser in the Sensex pack, dropping 5.44 per cent. Infosys, SBI, PowerGrid, Tech Mahindra, Bharti Airtel and HDFC Bank too fell up to 1.21 per cent.

Healthcare to metals sectors: Finding the discount sweet spot in Nifty50

Healthcare to metals sectors: Finding the discount sweet spot in Nifty50

Rediff.com13 Nov 2023

This is the case even though the benchmark index is only 5 per cent below its all-time high. The list of stocks trading at a discount primarily consists companies in the automotive, banking, oil and gas, insurance, healthcare, and metal sectors.

Data leak shows massive infiltration by China's Communist Party

Data leak shows massive infiltration by China's Communist Party

Rediff.com14 Dec 2020

The data leak obtained by 'The Australian' newspaper has revealed how the alleged CPC members are employed with some of the world's biggest corporations in the areas of defence, banks and pharmaceutical giants manufacturing coronavirus vaccines.

India, China to dismantle new border structures under disengagement plan

India, China to dismantle new border structures under disengagement plan

Rediff.com12 Nov 2020

The two sides have also agreed for a joint mechanism to verify the progress in the disengagement process through delegation meetings as well as using unmanned aerial vehicles.

India, China agree to resolve remaining issues 'expeditiously'

India, China agree to resolve remaining issues 'expeditiously'

Rediff.com2 Aug 2021

Two days after the India-China military talks, the joint statement, issued in New Delhi by the Indian Army said both sides had a 'candid and in-depth exchange' relating to disengagement along the Line of Actual Control (LAC) in the Western Sector of India-China border areas.

India wants end to border tension with China: Rajnath

India wants end to border tension with China: Rajnath

Rediff.com25 Oct 2020

The defence minister made the remarks after performing 'Shastra Puja' -- the customary worship of weapons -- at the Sukna-based headquarters of the Indian Army's 33 Corps in Darjeeling district of West Bengal on the occasion of Dussehra.

Markets end flat; Yes Bank tanks 13%

Markets end flat; Yes Bank tanks 13%

Rediff.com13 Jun 2019

IndusInd Bank, Infosys, Maruti, Vedanta, Hero MotoCorp, Tata Motors, ONGC and RIL too fell up to 4.96 per cent.

India Inc capital expenditure story gets cement to semiconductor push

India Inc capital expenditure story gets cement to semiconductor push

Rediff.com19 Apr 2024

Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.

Army strengthens Mountain Strikes Corps looking after China border

Army strengthens Mountain Strikes Corps looking after China border

Rediff.com9 Apr 2021

The strengthening of the Mountain Strike Corps is part of the steps taken by the force to rebalance its focus more towards the Chinese border from the western front with Pakistan.