Apart from cotton, copper, petroleum and industrial machinery, India does not export much to China. This means that India buys six times the merchandise it sells to China, points out Abhishek Waghmare.
Travelling to Durham in North Carolina, Obama said companies in the US are having a tough time in finding right candidates in the field of science and technology, which he argued is not a good sign for the future of the country.
Telcos in Asia's emerging markets will face higher spectrum liabilities, but these essential costs are not subject to refinancing and have limited immediate impact on cash flows and liquidity, Moody's Investors Service said on Monday. The ratings of Asia-Pacific (APAC) telecom companies in emerging markets can tolerate the increased deferred spectrum liabilities at current levels, if these essential costs are the main driver of high debt or weaker leverage, Moody's Investors Service said in a new report. For emerging markets -- China, India, Indonesia, Malaysia and Philippines -- spectrum liabilities to gross debt will increase to more than 16 per cent in 2021 and 2022, from 11.6 per cent in 2020 and 9.3 per cent in 2018, assuming India completes its 5G spectrum auction in 2022, it added.
Top losers are Sun Pharma, Bajaj Auto, L&T, ITC, Hero Moto.
'China and India would like to conduct useful and meaningful exploration on this issue,' Chinese foreign ministry spokeswoman Zhang Qiyue said.
China on Thursday criticised India's latest decision to block access to 54 more Chinese mobile apps over security and privacy concerns, saying that the move has damaged the legitimate interests of companies from China. India on Monday blocked 54 more apps with Chinese links, including Tencent Xriver, Nice Video baidu, Viva Video Editor, and gaming app Garena Free Fire Illuminate. The Chinese apps allegedly obtain various critical permissions and collect sensitive user data. The collected real-time data are being misused and transmitted to servers located in a hostile country, sources in India said, adding that the IT ministry has issued interim directions for the blocking of 54 apps.
On the Dealogic measures, China and India now account for nearly half of all investment banking fees earned in Asia, outside Japan.
Telecom gear makers, who are in talks with telcos, say that if all goes well, they are ready to roll out the first phase of 5G services from October this year and cover the country's top 30-50 cities (in limited areas) by March 2023. The gear makers expect the telecom companies to give them a heads-up about their plans as well as the equipment required by July, and have promised deployment in three to four months after that. India's main telecom gear suppliers are Nokia, Ericsson and Samsung.
China and India continue to rank first and second respectively in the list of 25 most attractive FDI destinations, according to a study conducted by a global strategic management consulting firm.Brazil, the United Arab Emirates and Russia ranked among the top 10, the findings of the latest FDI Confidence index, a regular survey of global executives conducted by management consulting firm, A T Kearney, revealed.
'We hope the Indian side will work with China to follow through the important consensus of our two state leaders, abide by relevant agreements and treaties to de-escalate the tension at the border'
'Unless India ups the ante, Beijing will continue to believe its transgressions are cost free and will feel encouraged to do more of the same.'
The report '2014 International Piracy Watch List,' by International Creativity and Theft-Prevention Caucus highlights the high levels of piracy and the lack of legal protections for copyright in China, Russia, Switzerland and India.
India's military spending of USD 76.6 billion ranked third highest in the world.
A majority of the Indian consumers are bullish about their financial situation in the next one year, but have raised concerns over rising cost of goods and services, which is affecting their purchasing decisions, according to an EY report. Moreover, uncertainty around managing rising living costs is driving over 80 per cent in India to save more money, said the findings of the ninth edition of the EY Future Consumer Index for India. The Index for India reaffirms the "positive outlook" of the Indian consumers as 77 per cent expect positive changes in the financial situation, in the next one year.
'The emerging security environment in the Asia-Pacific is likely to revolve around China and the US with India viewed as a critical balancer in the region. New Delhi will now have to demonstrate that it is capable of thinking strategically.'
Modi said both sides expressed commitment for an open, efficient and rules-based regional architecture and to expand bilateral maritime cooperation further.
The report, Perspectives on Global Development 2010 -- Shifting Wealth, is the centerpiece of a Global Policy Dialogue co-hosted by the OECD Development Center and Global Development Network -- a platform for economic research institutes from developing countries.
A netizen surnamed Zhou was arrested by police for "spreading rumours online stating that the poor quality of military vehicles supplied by the Dongfeng Off-road Vehicle Co, Ltd has caused the death of Chinese soldiers during the China-India border clash," a report in Chinamil.com, which is attached to the Chinese ministry of defence, said.
Nearly six months after New Delhi and Beijing signed a protocol to facilitate the export of Indian basmati rice to China, rice exporters are here in an upbeat mood.
Countries like Germany, China and India are working every day to out-educate kids so they can out-compete American businesses and are making more progress than US, President Barack Obama said.
Sanjay Gupta, author of The Himalayan Face-off: Chinese Assertion and the Indian Riposte and deputy executive editor with the Hindustan Times, talks to Rediff.com's Vicky Nanjappa on Chinese incursions, Beijing's worrying defence budget, the curiosity generated over ties with our neighbours and more.
Calling for "autonomy from red tape and local politics" in India, Nobel Laureate Indian-American scientist Venkataraman Ramakrishnan on Tuesday said many scientists of Indian origin may return home if the government made "attractive offers" to undertake research in science.
India is not intimidated by China and the border dispute between the two countries could be settled by talks, Minister of State for External Affairs Preneet Kaur has said, noting that the media was overplaying the recent tensions between the neighbours."We are not intimidated by China. I think we are very confident of our own strength but certainly we are very confident that this issue can be settled by talks," said Kaur. "There has been a lot of media hype," she added.
Arif will be competing in Slalom and Giant Slalom events during the Games to be held from February 4 to 20.
'China doesn't want to settle the boundary dispute because that gives them a reason to pick a fight with India.'
India to become second largest smartphone market by 2016.
External affairs minister S Jaishankar has told his Chinese counterpart Wang Yi that the two sides should work for an early resolution of the remaining issues along the LAC in eastern Ladakh to restore peace and tranquility in the border areas as this has been an essential basis for progress in Sino-India ties.
The talks till now have resulted in the resolution of issues in North and South Bank of Pangong Tso, Galwan and Gogra Hot Spring areas.
"China is our largest neighbour and its rise is a reality that entire world faces today," Rao said in her remarks at the University of California-Berkeley on Monday.
According to the Treasury official, the finance ministers meeting will cover the main topics for the Cannes summit that the G-20 have been working on, which will focus on food security.
On Monday China said it has "effectively managed and controlled" frictions in certain border areas.
Makki is a US-designated terrorist and brother-in-law of Lashkar-e-Tayiba chief and 26/11 mastermind Hafiz Saeed.
India should make it clear that relations in the economic and other fields cannot improve without satisfactory progress in the border talks, feels senior analyst B Raman
Without naming India, S&P said it expects that in regions where inflation already exceeds targets, or which are vulnerable to capital flight, central banks will be forced to raise interest rates.
The White House is planning another set of sanctions on Russia. This is likely to be announced on Wednesday.
The over 3,800-km-long Brahmaputra, one of the longest rivers in the world passes through China, India and Bangladesh and has several tributaries and sub-tributaries.
