China's GDP growth slowed in the second quarter this year to 7.5 per cent, official data showed on Monday, as the Chinese leadership faced fresh challenges to stimulate and revamp the world's second-biggest economy.
Union Health Minister Mansukh Mandaviya on Thursday asked the public not to panic about COVID-19, but be alert and follow the directives issued by the government from time to time.
Not even the curse of the pommel horse could halt Japan's march to the men's team gymnastics title at the Rio Olympics on Monday as China's eight-year reign as champions came to an end after a day of slips, trips and stumbled landings.
China and Spain played out a 0-0 draw in their final World Cup Group B match on Monday and the result was good enough for both teams to advance to the last 16 after Germany beat South Africa 4-0 in the other game in the section.
Experienced forward Vandana sounded in the 4th and 11th minutes to hand her side a formidable lead early on before Gurjit Kaur converted a penalty corner in the 51st minute to seal the victory.
Equity inflows worth $3.7 billion came from the sunny Caribbean jurisdiction in 2019-20, a 267 per cent increase from the $1 billion registered in 2018-19 making it India's 10th largest source of FDI.
Credit cards debt 180 days past the due repayment date stood at 7.92 billion yuan ($1.19 billion) by the end of the third quarter, up 8.5 per cent from the second quarter, the People's Bank of China said.
The death toll from the worst landslides in decades in a Tibetan-majority region in China's northwest rose sharply on Wednesday to 1,117 while 627 people were still missing, as rescuers scrambled hard to sift through thick layers of mud and rocks to find possible survivors.
India has been relatively insulated from the severe headwinds in the West. However, with a third of the global economy expected to slip into recession in calendar year 2023, the impact will strongly be felt on India's exports and trade economy, leading economists said in a panel discussion at the Business Standard BFSI Insight Summit in Mumbai on Wednesday. The panel comprised former Reserve Bank of India executive director and former Monetary Policy Committee member Mridul Saggar, State Bank of India Chief Economic Advisor Soumya Kanti Ghosh, Citibank India Chief Economist Samiran Chakraborty, ICRA Chief Economist Aditi Nayar, and IndusInd Bank Chief Economist Gaurav Kapoor. The topic of the panel discussion was No recession in sight: Is India decoupled from developed economies?
The debate, which saw several heated exchanges, will continue on Thursday.
Automobile retail sales in India increased by 37 per cent in April on a low base of COVID-hit April last year, automobile dealers' body FADA said on Thursday. Total sales across categories rose to 16,27,975 units in April, as compared to 11,87,771 units in the year-ago period. On a year-on-year basis, all vehicle categories including passenger vehicles and two-wheelers were up as compared with April last year.
Domestic passenger vehicle retail sales in March declined by 4.87 per cent to 271,358 units, as compared to the same month last year, automobile dealers' body FADA said on Tuesday. According to the Federation of Automobile Dealers Associations (FADA), PV sales stood at 285,240 units in March 2021. "Passenger vehicles continue to see high demand and long waiting periods as semiconductor availability still remains a challenge, even though supplies slightly improved from previous month," FADA president Vinkesh Gulati noted.
Was he just being a gentleman or was there more to it? Russian President Vladimir Putin has set the international media and Internet abuzz by putting his coat on the shoulders of China's First Lady Peng Liyuan.
China's forex reserves witnessed an increase of $509.7, a 12.8 per cent rise from 2012, People's Bank of China said.
'We appreciate his positive evaluation of the relationship and share his optimism about its future directions.' 'We look forward to welcoming him in India next week for detailed discussions on further strengthening of our partnership,' the MEA said on Friday.
P-notes are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. According to Securities and Exchange Board of India (Sebi) data, the value of P-note investments in Indian markets -- equity, debt, and hybrid securities -- stood at Rs 90,580 crore at April-end, compared to Rs 87,979 crore in March.
India fought valiantly against higher-ranked China before going down by a solitary goal in their second Pool A match of the eighth Women's Asia Cup hockey tournament in Kuala Lumpur on Sunday.
This new Silk Road has the potential to once again have a lasting impact on the commerce and culture of this region for generations to come
It is going to be a long-term proposition for India -- which has a decades-old relationship with Moscow -- to reorient its foreign policy away from Russia, the US has said, insisting that re-aligning one's approach is not like flipping a light switch.
China is expected to commit investments worth $6.5 billion to set up industrial parks in India and sign purchase agreements of over $3 billion with domestic companies during the visit of Chinese President Xi Jinping starting on Wednesday.
India's exports to China stood at $7.56 billion during the period whereas the imports have jumped to $52.26 billion in April-January
India attracted $1.4 billion FIIs in November, says a report by HSBC.
India's economy grew by 6.3 per cent in the second quarter of the current fiscal, official data released on Wednesday showed.
Nancy Pelosi's gritty refusal to backtrack on her plans to visit Taiwan is part of who she is.
Global gold demand has seen a year-on-year decline of 8 per cent during the April-June period to 948.4 tonnes and going ahead further monetary tightening and continued dollar strength may pose headwinds, says a report. According to the WGC Gold Demand Trends Q2 2022 report, the total gold demand during the second quarter of 2021 stood at 1,031.8 tonnes. The year-on-year demand was affected by increase in gold electronic traded funds (ETFs) outflow, decline in Central banks buying and lower demand from the technology segment, the report said.
Chinese President Xi Jinping pledged on Thursday to give Indian companies and products - especially including those made by the pharmaceutical, farming and fuel industries - greater access to Chinese markets.
Putin said the purpose of the West is to weaken, divide and ultimately destroy Russia.
According to industry sources, domestic toy manufacturers are seeing a sharp rise in sales during the current financial year. On January 1, 2021, India had banned the sale of toys that are not certified by the Bureau of Indian Standards (BIS). This meant that all factories churning out toys to be sold in India had to be certified by the bureau along with mandatory product testing, including for units abroad.
India's exports recorded a flat growth of 0.59 per cent to $31.99 billion in November, even as trade deficit widened to $23.89 billion during the month, according to the data released by the government on Thursday. Exports stood at $31.8 billion in November last year. Imports rose by 5.37 per cent to $55.88 billion in November as compared to $53.03 billion in the corresponding month a year ago, the data showed. During April-November 2022, exports rose by 11 per cent to $295.26 billion as against $265.77 billion in the same month last year.
The toll from the 6.5-magnitude devastating earthquake that jolted southwest China's Yunnan province has now risen to over 380.
The Indian financial services space seems to be in a sweet spot as foreign investors have made a net investment of Rs 14,205 crore ($2.1 billion) in the sector in November amid strong credit growth and manageable non-performing loan portfolio. The investment comes following a net withdrawal of Rs 4,686 crore from financial services stocks in October on account of profit booking. Overall, foreign portfolio investors (FPIs) have made a net investment of Rs 36,238 crore in the country's equity markets in November.
Fourteen years after the Sri Lankan government announced his death, a veteran Tamil nationalist leader claimed in Thanjavur, Tamil Nadu, on Monday that Velupillai Prabhakaran, the leader of Eelam Tamils in Sri Lanka, is doing well and said a conducive atmosphere prevails for him to appear now.
The pace of economic growth in emerging markets continued to revive from the stagnation seen earlier in the year.
Beijing wants assurance that its investments won't come under scrutiny
HSBC's purchasing managers' index was released on Tuesday.
At the young age of 15, Wang joined the People's Liberation Army as a guard.
India's economic growth slowed to 8.4 per cent in the second quarter of 2021-22, mainly due to waning low base effect, official data showed on Tuesday. The GDP growth in April-June quarter this fiscal stood at 20.1 per cent. The Indian economy had contracted by 24.4 per cent in April-June last year.
India's exports grew by 67.39 per cent to $32.21 billion in May driven by healthy growth in sectors such as engineering, pharmaceuticals, petroleum products and chemicals, according government data released on Wednesday. Exports in May last year stood at $19.24 billion and in May 2019 it was at $29.85 billion, the commerce ministry's preliminary data showed. Imports in May rose by 68.54 per cent to $38.53 billion, from $22.86 billion in May 2020. In May 2019, imports stood at $46.68 billion.
India is all set to overtake the United States as the largest cotton exporter to China, the world's top cotton consumer and importer.
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