The People's Bank of China cut its daily reference rate for the currency by a record 1.9 per cent, the biggest loss since January 1994.
This is a very important visit in the history of our relations and I am sure this visit will certainly continue to promote friendly ties and cooperation between our two countries, the Chinese premier said.
China on Wednesday accused India of "trampling" on the Panchsheel principles and asked New Delhi to "correct its mistakes" as soon as possible by pulling back troops.
Xi Jinping, general secretary of the Chinese Communist party, attended the opening session of the National People's Congress, his country's parliament, at the Great Hall of the People in Beijing, March 5, 2022.
Defending champion Lakshya Sen looked in fine fettle as he registered a straight-game win over compatriot H S Prannoy to make a winning start to his title defence at the Yonex-Sunrise India Open Super 750 badminton tournament, in Delhi, on Tuesday.
China approved 9,582 new foreign-funded companies in first 5 months.
Currently, trades on the Indian stock exchanges are settled within two days, just like most major markets such as Singapore, Hong Kong, Australia, Japan, and South Korea. Indian exchanges, however, will be moving to T+1 settlement from February 25 in a phased manner.
Gunning for the silver medal are Russia and United States who have 25.5 points each.
Among the prominent gainers on the Sensex chart were Bajaj Finance, Bajaj FinServ, ICICI Bank, Axis bank, Tata Steel, IndusInd Bank and HDFC Bank -- rising as much as 3.50 per cent. NSE Nifty soared 271.65 points to settle at 17,625.70.
India has maintained there is no scope for a third party mediation.
Former World champion Viswanathan Anand defeated Aryan Tari in the ninth and final round to finish third in the Norway Chess tournament, which was won by world number one Magnus Carlsen.
Wu Ashun became the first Chinese golfer to win a European Tour title on home soil.
'Little did those in India's strategic community realise that any wise adversary in China's place and circumstances would only take the land route to disturb and trouble India.' 'It is along the land border that all of India's post-Cold War allies would be of little or no political and diplomatic, and least of all, military help,' says N Sathiya Moorthy.
The road network at the Indo-China border will also help locals settle in their villages to run homestay and other tourism-related businesses
IMAGES from Day 1 of all the action from the Wimbledon Championships played at the All England Lawn Tennis and Croquet Club, London, on Monday.
With reports from Jammu and Kashmir indicating Chinese hold over Indian territory in Ladakh, Minister of State for Defence M M Pallam Raju on Monday said India 'need not be alarmed' as talks were in progress to settle border disputes. He also gave the benefit of doubt to China on reports of Chinese produced arms finding their way to militants in the Northeastern states.
'Both Modi and Xi know that if all that there is to show for Modi's visit -- barely eight months after Xi's India trip -- is a repeat of the same old declarations, there will be a terrible sense of letdown in the public mood resulting in future summits losing credibility. Only the possibility of new ground being broken can justify Modi's trip at this time,' says B S Raghavan.
'A participant in many rounds of the border talks with China once told me that China seemed not interested in resolving the border issue as it wanted to keep it as a ready excuse to intervene in the sub-continent,' says Colonel (retd) Anil A Athale.
Antonio Watson won a thrilling World Championship 400 metres gold on Thursday.
Britain's Jack Laugher and Chris Mears dethroned reigning champions China to claim their country's first ever diving gold medal in the men's 3 metre springboard event on Wednesday.
'This is potentially escalatory, as China does not believe that India has any basis for interfering in a bilateral dispute between China and one of its neighbours.'
Russian traders have started asking for payments in ruble for their exports to India in a move that could derail trade between the two countries which gathered pace after the war in Europe. This is because Indian importers are unable to pay in ruble. The India-Russia trade gathered pace after Vladimir Putin invaded Ukraine in February this year. In the April-June quarter, India's imports from Russia were valued at $9.27 billion, up 369 per cent year on year.
China has taken a position of non-acceptance and non-participation on the jurisdiction by the International Court of Arbitration in a case the Philippines has brought against China's claims to nearly all of the South China Sea, Abraham Denmark, Deputy Assistant Secretary of Defence for East Asia, told lawmakers at a Congressional hearing.
The massive earthquake in Sichuan struck at 9:19 pm (local time) on Tuesday and the epicentre was monitored at a depth of 20 km, state-run Xinhua new agency reported.
China picked up a first gold medal at their home world athletics championships when Liu Hong led Lu Xiuzhi across the line after the duo blew away the field in the women's 20 kilometre walk on Friday.
Mirabai managed to lift 87kg in snatch and in 'clean and jerk' her best effort was a lift of 113kg
India women had to settle the for silver at the 6th Junior Women's Asia Cup hockey championship after losing to China 5-2 in the final.
Equity investors' wealth jumped by over Rs 10.19 lakh crore in the three-day market rally to Monday. On Monday, the 30-share BSE Sensex soared by 1,041.08 points or 1.90 per cent to settle at 55,925.74. In three days, the bechmark has zoomed 2,176.48 points or 4 per cent. Helped by jump in equities, the market capitalisation of BSE-listed firms went up by Rs 10,19,936.84 crore to Rs 2,58,47,092.40 crore in three days.
The Indian junior archers capped a stunning show by winning eight gold, four silver and two bronze medals to top the medals tally at the Asia Cup Stage 2 at Sulehmaniya, Iraq on Wednesday.
In a diplomatic breakthrough, Chinese President Xi Jinping and Japanese Premier Shinzo Abe on Monday held their maiden talks, marking the "first step" towards mending ties between the two Asian rivals after years of territorial disputes and animosity due to wartime history.
The credibility of India in the eyes of foreign investors has also relatively gone up, with China's blunders in this crisis.
Equity indices nursed losses for the second consecutive session on Tuesday as investors continued to dump IT, banking and FMCG stocks amid a bearish trend in global markets. Unabated foreign fund outflows and the rupee dropping to another record low against the US dollar added to the woes, traders said. Participants were also in wait-and watch mode ahead of release of retail inflation and factory output data.
Efforts by Indian activists to challenge the Biotechnology Regulatory Authority Bill, now pending in Parliament, may get a boost from a controversy that has broken out in the US
Twelve days of movie madness and 36 films later, Aseem Chhabra lists his top 10 favourite films from this year's Cannes Film Festival.
Union Home Minister Amit Shah on Thursday said the Bharatiya Janata Party is committed to bring Uniform Civil Code (UCC) in the country but only after following all democratic processes and discussions on it.
'Tibetans don't have jobs, and the military provides a job offer.' 'But the issue is whether China really trusts Tibetans.'
'Information about the Dalai Lama's heath is normally not shared with the public. Its release on this occasion implicitly underscores the message that the window of opportunity for Beijing to recommence the dialogue with the Dalai Lama -- an advocate of non-violence -- to resolve the contentious Tibetan issue is limited.' says Jayadeva Ranade.
Xi's visit to Nyingchi, bordering Arunachal Pradesh, signals China's opening of another front to India in the eastern sector, observes Srikanth Kondapalli, the leading China expert.
We can make a beginning by openly acknowledging the Russian help in 1971 victory when President Putin visits India on 6 December 2021. Showing gratitude to a friend is part of our DNA, notes Colonel Anil A Athale (retd).
On the Sensex chart, Titan, SBI, L&T, IndusInd Bank, Ultratech Cement, HDFC Bank and Asian Paints were top gainers. Sensex settled up by 380.21 points at its all-time closing high of 47,353.75. The NSE Nifty ended 123.95 points at 13,873.20.
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