China said on Monday the additional barriers set by India for investors from specific countries violate the World Trade Organisation's principle of non-discrimination, and go against the general trend of liberalisation and facilitation of trade and investment. "More importantly, they do not conform to the consensus of G20 leaders and trade ministers to realise a free, fair, non-discriminatory, transparent, predictable and stable trade and investment environment, and to keep our markets open," said a statement issued by the Chinese embassy in New Delhi.
India has become world's 2nd largest mobile phone: Modi
A court in New Delhi on Friday extended by three days the ED custody of four people arrested in a money laundering case against Chinese smart phone maker Vivo, including the managing director of Lava International mobile company and a Chinese national. The four accused were produced before Additional Sessions Judge Devender Kumar Jangala on completion of their three-day ED custody. On Friday, the agency moved four separate applications seeking extension of their custody by 10 days but the court granted it only three more days for custodial interrogation of the accused.
It started out as a Production Linked Incentive (PLI) scheme to make India an export hub. But after many a twist and turns, the latest 2.0 PLI for IT hardware, for which the 40 eligible candidates have applied till its deadline, is now focused on 'import substitution'. The scheme will help in reducing India's over-dependence on imports (80 per cent of laptops are imported), especially from China which include laptops, tablets and servers.
In a world without politics, time zones would change by an hour for a shift of 15 degrees of longitude. But, of course, political considerations apply, explains Devangshu Datta.
It was also learnt that Gautam Navlakha, a shareholder in NewsClick, remained involved in anti-Indian and unlawful activities such as actively supporting banned Naxal organisations and having anti-national nexus with Gulam Nabi Fai, an agent of Pakistan's ISI, it stated.
Delphi Corporation, an automotive systems and components manufacturer, On Monday announced an agreement with WorldSpace Inc, the global satellite radio broadcaster, to make mobile satellite radio available in India for the first time.
'China is mindful of the fact that it is not confronting the Indian Army of 1962. But the sabre rattling will continue.'
India is all set to overtake Russia as the country with the third highest mobile phone subscribers across the globe by early 2007 -- behind only China and US.
We import from China not because we love China, but because they sell us these things at cheap prices, points out Rathin Roy.
One of China's leading mobile phone manufacturers will launch the country's first cell phone with an inexpensive fingerprint verification system, which will allow Internet based e-transactions.
BAK Telecom India, the Indian subsidiary of the $300 million company, is in talks with the TN government, while the necessary approvals had already been taken. China BAK, which is listed on Nasdaq as CBAK, is the sixth and the second largest battery maker in the world and China respectively.
'China can't stop any company from relocating to India.'
China's covid crisis could provoke a raw material crunch for India's EV industry later this year.
To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.
Telecom Regulatory Authority of India said on Thursday that the current access deficit charge of 11 per cent must be brought down to lower the tariffs and enable the sector achieve higher mobile growth like China.
Vishal Gondal CEO, Indiagames Ltd has been listed among top 50 executives in mobile content space by 'Mobile Entertainment' magazine.
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
India's internet subscriber base is 100-150 million, depending on whose estimates you take, and is growing at 20-30% a year.
Mobiles phones without International Mobile Equipment Identity number are considered a grave security threat and concerns had been raised over their usage after terrorist attacks like the one in Mumbai in November last year. Despite the security threat, no government agency has till now approached the commerce ministry for a ban on import of such phones from China, a top source said on Thursday.
The telecom ministry has asked mobile operators to disconnect mobile phones without the IMEI number from December 1.
Giving an account of India's overall military modernisation, Lt Gen Pande also said that an in-principle approval has been given to new combat formations called the Integrated Battle Groups (IBGs) which can mobilise fast with a more effective approach.
New inventions allow Tencent Holdings' WeChat users to book taxis, top up phone credit, while Clone Algo's YAY App users are able to talk and chat free besides being able to apply for online for micro loans and use Clone Algo trading algorithms.
They are both electronic manufacturing services (EMS) companies, also known as contract manufacturers. One is Taiwan's Foxconn group, the undisputed global number one in this business with revenues of $223 billion. The other is Dixon Technologies, the biggest domestic player with revenues of over Rs 10,500 crore.
With the government's crackdown on Chinese handsets, Indian brands like Karbonn, Lava, Micromax and Movil have usurped the vacated space and increased their share of the market to 15 per cent.
'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.'
Mobile phone manufacturer Oppo has lodged an appeal with the Supreme Court against an order from the Delhi high court. The order requires Oppo to submit a security payment related to the India portion of the last-paid licence fee to Nokia in an ongoing patent infringement case. The case is slated to appear before the bench of the Chief Justice of India, D Y Chandrachud, on August 4.
Home-grown companies, including electronics manufacturing services (EMS) firm Dixon Technologies and mobile device maker Lava International, have started exploratory talks with Chinese sub-assemblies and component players for setting up joint ventures (JVs) in the country. Sources in the industry say many domestic companies have also had preliminary discussions with original design manufacturers (ODMs) in China to look at a JV model for manufacturing smartphones. Key ODM players in mobile devices in China include Longcheer, Huaqin, and Wingtech, which has already set up a plant in Tirupati.
Esports to breakdancing, Hangzhou will set the trend for future of sport
According to industry insiders, India has 400 million smartphones and is the world's fastest-growing app market. So the addition or deletion of apps impacts the global valuations of these platforms. "Based on calls given by various local organisations to delete Chinese Apps, there will be an impact," said Blaise Fernandes, director at foreign policy think tank Gateway House. "All of them eventually will go the IPO (initial public offering) route so there would be economic impact also."
With its new line-up, the firm has managed to touch the right chords, but to regain market share from the established players, Micromax will have to fight a protracted battle.
British Prime Minister Rishi Sunak on Wednesday green lit a new youth mobility partnership scheme that will offer 3,000 visas to 18-30-year-old degree-educated Indians every year to live and work in the United Kingdom for up to two years.
Asserting that Indian democracy is a "global public good", Congress leader Rahul Gandhi has said that its "collapse" will have an impact on the world and is not in America's national interest.
Out of the 1.7 billion expected subscribers in BRIC nations, India is likely to have 560 million mobile users, while China is expected to top the chart with 800 million, a report by eMarketers said. India would be followed by Russia with 189 million users and Brazil at 176 million.
"What we have been able to gather is that Newsclick stands accused of offences under the Unlawful Activities Prevention Act (UAPA), for purportedly carrying Chinese propaganda on its website. All devices, laptops, gadgets, phones, etc have been seized in the past. All emails and communications have been analysed under the microscope," the statement by NewsClick read.
An article in China's Global Times warned Beijing that China needs to worry about the effect of industrial transfer to India on production chain
'The Chinese have taken to telling their Indian interlocutors to bear in mind the 5:1 disparity in the sizes of the two economies.' 'The message from Beijing, says T N Ninan, is clear: Acknowledge superior Chinese power, and behave accordingly.'
Glimpses of anti-Chinese government protests during vigils for victims of a apartment building fire in Urumqi, China, amid China's zero-COVID' policy in Hong Kong, New York, Los Angeles, Toronto.
The chief engineer of 'Project Vartak', Brig Raman Kumar told ANI that the Border Roads Organisation (BRO) is developing and maintaining all road networks in the key border areas of western Assam and western Arunachal Pradesh.
The International Monetary Fund (IMF) on Tuesday said it is expecting some slowdown in the Indian economy next fiscal year and projected the growth to 6.1 per cent from 6.8 per cent during the current fiscal ending March 31. The IMF on Tuesday released the January update of its World Economic Outlook, according to which the global growth is projected to fall from an estimated 3.4 per cent in 2022 to 2.9 per cent in 2023, then rise to 3.1 per cent in 2024. "Our growth projections actually for India are unchanged from our October Outlook.
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