News for 'China Development Bank'

Trump 2.0: Will Bulls Run Amok?

Trump 2.0: Will Bulls Run Amok?

Rediff.com8 Nov 2024

'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.'

Gold prices up 30% in 2024; set for best calendar year show in 10 yrs: WGC

Gold prices up 30% in 2024; set for best calendar year show in 10 yrs: WGC

Rediff.com14 Dec 2024

Gold price outlook 2025: Gold prices that have climbed over 30 per cent so far in 2024 to Rs 7,300 per gram in the Indian markets (up 28 per cent in dollar terms till November-end), are set for their best calendar year performance in 10 years, suggests a recent report by World Gold Council (WGC). However, this stellar run, analysts believe, may not carry through till the end of 2025 in the backdrop of economic and geopolitical headwinds.

'India's Growth Is In Serious Trouble'

'India's Growth Is In Serious Trouble'

Rediff.com13 Feb 2025

'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'

Talks with China going on well: Rajnath on border row

Talks with China going on well: Rajnath on border row

Rediff.com5 May 2024

As the military standoff between India and China drags on along the Line of Actual Control (LAC) in eastern Ladakh, Defence Minister Rajnath Singh said the talks between the two sides are going on well and indicated hope for a resolution of the lingering row.

Trump Tariffs: How Must India Respond?

Trump Tariffs: How Must India Respond?

Rediff.com12 Mar 2025

India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.

India's inflation is higher than other key developing economies

India's inflation is higher than other key developing economies

Rediff.com20 Jun 2023

India's prices are rising faster than many of its emerging market peers. The country's inflation print for May at 4.25 per cent is a marked reduction from the levels seen in May 2022 (7.04 per cent). However, even though the inflation rate remains within the Reserve Bank of India's medium-term target of 4 per cent, with a 2 per cent margin on either side, it continues to be higher than China, Russia, and Brazil.

RBI to Hold Rates Steady at 6.50%

RBI to Hold Rates Steady at 6.50%

Rediff.com29 Nov 2024

'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.'

RCom's cup of woes spills over

RCom's cup of woes spills over

Rediff.com28 Nov 2017

China Development Bank takes Reliance Communications to NCLT over loan default

Trump's Disruptions: Blessing In Disguise

Trump's Disruptions: Blessing In Disguise

Rediff.com13 Feb 2025

We must bring a laser focus on our own interests, and define our friends and foes more clearly instead of trying to live by somebody else's rules. We must grow up, think for ourselves, think India First, asserts R Jagannathan.

BRICS Expansion: Boost For China

BRICS Expansion: Boost For China

Rediff.com28 Aug 2023

This could become tricky territory for India, given its basically adversarial relationship with China, its moves to block imports and investment from that country, and to deny market access for Chinese technologies, observes T N Ninan.

'We Expect 1 Million Start Ups By 2035'

'We Expect 1 Million Start Ups By 2035'

Rediff.com13 Mar 2025

'Binary fission will happen -- startups will lead to more startups.'

No dispute with neighbours, but shared future with BRI, says China

No dispute with neighbours, but shared future with BRI, says China

Rediff.com4 Mar 2024

Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.

'Coming Months Could Be Eventful For Markets'

'Coming Months Could Be Eventful For Markets'

Rediff.com15 Jan 2025

'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'

Will Nirmalaji Target Fiscal Deficit?

Will Nirmalaji Target Fiscal Deficit?

Rediff.com28 Jan 2025

The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.

India eyes loans from China-led Asian Investment Bank

India eyes loans from China-led Asian Investment Bank

Rediff.com31 Mar 2016

India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.

After a stellar 2024, debt MFs set for best annual performance in 4 years

After a stellar 2024, debt MFs set for best annual performance in 4 years

Rediff.com30 Dec 2024

Debt mutual fund (MF) schemes are set to register the best calendar year (CY) performance in the last four years despite no changes in the interest rate. An analysis of one-year performance of debt funds show that many of the schemes are set to deliver double-digit returns in CY 2024.

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

Beijing deserting Russia? Two Chinese banks suspend business with Moscow

Beijing deserting Russia? Two Chinese banks suspend business with Moscow

Rediff.com7 Mar 2022

Radio Free Europe reported that the Asian Infrastructure Investment Bank, a Chinese-led development bank, suspended all business with Russia and Belarus on March 3.

Brics likely to focus on closer energy partnerships among members

Brics likely to focus on closer energy partnerships among members

Rediff.com22 Oct 2024

The 16th Brics Summit beginning Tuesday in Kazan, Russia, is expected to see more focus on creating a sharper energy policy for Brics that ensures closer partnership among members in both energy security and energy transition, official sources said. The same is expected to be a part of the Kazan declaration, currently being negotiated, they added.

RCom gets Rs 3,000 cr loan from Chinese bank

RCom gets Rs 3,000 cr loan from Chinese bank

Rediff.com16 May 2008

Reliance Communications has received a $750 million (Rs 3,000 crore) loan from China Development Bank that would be invested in building a nationwide GSM footprint for the telephony major. The Anil Ambani group company has received the loan for a ten-year period and at a rate of Libor (London Inter-Bank Offered Rate) plus 80 basis points. RCom had received the Reserve Bank of India (RBI) approvals for the loan, sources close to the development said.

Xi's China Dream Gets India Pushback

Xi's China Dream Gets India Pushback

Rediff.com15 Sep 2023

As India's stock rises, the resolution of the border row may become even more difficult, warn Harsh V Pant and Kalpit Mankikar.

Indian diaspora celebrates 76th Republic Day with enthusiasm

Indian diaspora celebrates 76th Republic Day with enthusiasm

Rediff.com26 Jan 2025

Leaders from around the world extended their greetings to India on its 76th Republic Day, emphasizing the importance of bilateral relations and expressing hope for a stronger future. The Indian diaspora across the globe celebrated the occasion with enthusiasm at Indian missions abroad, where the national tri-colour was unfurled, accompanied by cultural performances and patriotic fervour. The celebrations highlighted the strong bonds of friendship and cooperation between India and its global partners.

UK's richest 10% took half of wealth from India during colonialism

UK's richest 10% took half of wealth from India during colonialism

Rediff.com20 Jan 2025

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.

The Truth About India's Housing Prices

The Truth About India's Housing Prices

Rediff.com21 Oct 2024

Housing prices in India have fallen by over a tenth in real terms. Yet, prices are unaffordable for most Indians. Middle-income Indians are seen to be able to afford houses if the price-to-income ratio is five. It is 11 in India.

Sensex rides on bluechip stocks; rises 585 points

Sensex rides on bluechip stocks; rises 585 points

Rediff.com8 Oct 2024

From the Sensex pack, Adani Ports & Special Economic Zones, Mahindra & Mahindra, Reliance Industries, HDFC Bank, Larsen & Toubro, NTPC, State Bank of India, UltraTech Cement and Kotak Mahindra Bank were the major gainers. In contrast, Tata Steel, Titan, Bajaj Finserv, JSW Steel, Bajaj Finance, Hindustan Unilever, ITC, Tata Motors and Tata Consultancy Services were among the laggards.

Bharti Airtel gets credit line of $2.5 bln from Chinese banks

Bharti Airtel gets credit line of $2.5 bln from Chinese banks

Rediff.com16 May 2015

Bharti Airtel has received financing commitments of up to $2.5 billion from top Chinese banks.

Modi-Xi 'Agreement': The Nation Needs To Know!

Modi-Xi 'Agreement': The Nation Needs To Know!

Rediff.com28 Oct 2024

China does not have to give up what it took in 2020, it will never give up its claim to Arunachal Pradesh, Ladakh and other areas, and it has all the time now to plan its next surprise, points out Lieutenant General Prakash Katoch (retd).

If China wants to play spoiler at G20 meet, it's up to them: US

If China wants to play spoiler at G20 meet, it's up to them: US

Rediff.com6 Sep 2023

It is for China to decide what role it plays at the G20 summit in New Delhi, a top US official has said, asserting that if Beijing wants to come in and be a "spoiler", that option is available to it.

'Now China Is Afraid'

'Now China Is Afraid'

Rediff.com4 May 2024

'Ladakh will be dealt with in Modi's third term.'

India supports dialogue, not war: Modi at BRICS Summit

India supports dialogue, not war: Modi at BRICS Summit

Rediff.com24 Oct 2024

India supports dialogue and diplomacy and not war, Prime Minister Narendra Modi said at the Brazil, Russia, India, China, South Africa (BRICS) Summit in Kazan, Russia on Wednesday, in an unambiguous message calling for resolution of the Russia-Ukraine conflict through peaceful negotiations.

Fitch raises India's GDP forecast for FY25; cuts China's

Fitch raises India's GDP forecast for FY25; cuts China's

Rediff.com14 Mar 2024

Fitch Ratings on Thursday raised its forecast for India's economic growth to 7 per cent for the next fiscal year starting April 1 on the back of strong domestic demand and sustained level of business and consumer confidence. With a stronger-than-expected 8.4 per cent growth in gross domestic product (GDP) during the third quarter (October-December) of the current fiscal year, Fitch saw the Indian economy expanding 7.8 per cent in 2023-24 financial year (April 2023 to March 2024), marginally higher than the government's estimate of 7.6 per cent.

Ladakh Disengagement: What's The Reality?

Ladakh Disengagement: What's The Reality?

Rediff.com11 Nov 2024

The government needs to answer the critical question of whether it has accepted any restrictions on its infrastructure creation activities, asserts Ajai Shukla.

India tops remittances table with $125 bn inflows: World Bank report

India tops remittances table with $125 bn inflows: World Bank report

Rediff.com20 Dec 2023

India is expected to be the top recipient of remittances in 2023 as inflows increase 12.4 per cent to $125 billion, said a World Bank report on Tuesday. Mexico will come next by receiving $67 billion and China will follow it at $50 billion. The key drivers for remittance growth in 2023 are a tight labour market in the United States, high employment growth in Europe reflecting extensive leveraging of worker retention programs, and a dampening of inflation in high-income countries. India's growth in remittances is expected to halve to 12.4 per cent in 2023 from a historic peak of 24.4 per cent in 2022.

India takes first steps to meet 2070 net-zero goal, Niti Aayog forms panels

India takes first steps to meet 2070 net-zero goal, Niti Aayog forms panels

Rediff.com1 Jul 2024

Three years after India declared its goal to become a net-zero economy by 2070, the policy design for achieving the target has begun, with the NITI Aayog forming dedicated multi-sectoral committees to prepare a transition plan. In 2021, India joined a select group of nations that set a target year for becoming net-zero carbon economy. At COP26 in Glasgow, Prime Minister Narendra Modi outlined a five-pronged 'Panchamitra' climate action target for India and committed to a net-zero target by 2070, joining nations like the US, the UK, and China.

India Needs 75 Years To Reach 25% Of US GDP

India Needs 75 Years To Reach 25% Of US GDP

Rediff.com2 Aug 2024

According to the World Bank, economic growth in middle-income countries, including India, is not accelerating. 'In fact, it is slowing down as incomes increase, with the trend becoming more pronounced each decade.'

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

Can India, China Embrace Each Other On Economic Front?

Can India, China Embrace Each Other On Economic Front?

Rediff.com12 Oct 2023

An improvement in political relations, anchored in a restoration of peace and tranquillity at the border, could open up opportunities for expanded economic and commercial relations between them, suggests former foreign secretary Ambassador Shyam Saran.

'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.'

FDI inflows in India cross $1 trillion

FDI inflows in India cross $1 trillion

Rediff.com8 Dec 2024

Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.

'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.