'Chinese experts estimate that the new US administration is 'at the crossroads of how to re-manage and control' Sino-American differences and strategic divergences and Biden's bottom line is that the US would have 'extreme competition with China, but won't allow competition to develop into conflict',' notes Ambassador M K Bhadrakumar.
Chief national badminton coach Pullela Gopichand on Monday singled out world number one doubles pair of Satwiksairaj Rankireddy and Chirag Shetty as favourites for an Olympic medal and said two-time medallist PV Sindhu too is on the right path and can deliver once again at the Paris Games.
Liquor market in the continent is growing twice as fast as the rest of the world.
Usagi -- the most powerful tropical cyclone of 2013 -- swept past the Philippines and Taiwan over the weekend but saved the worst of its wrath for neighbouring Hong Kong and China.
The plane crashed in the city of Wuzhou, the Guangxi Zhuang autonomous region of China, causing a forest fire, Sputnik reported citing China Central Television (CCTV).
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Housing prices in India fell 1.7 per cent during the April-June quarter due to poor demand amid subdued economic conditions and there are no signs of recovery, real estate consultancy Knight Frank said.
While Indian universities stagnate, those in China are becoming engines of growth.
Chinese Foreign Minister Wang Yi has said that during his recent visit to India, he "keenly felt" that both sides had agreed to adhere to the leaders' consensus that the two countries are not a threat to each other and handle and manage their differences.
China is in no hurry to disengage at the border and the region and international community is moving on. The spectre of a long haul in Ladakh haunts India, points out Ambassador M K Bhadrakumar.
China on Monday continued its unprecedented military drills around Taiwan, extending the schedule of war games launched in retaliation to the visit by US House Speaker Nancy Pelosi to the breakaway island which Beijing claims is part of its territory.
Several videos have emerged on social media which showcased people chanting slogans against restrictions imposed by the Chinese government to curb the spread of Covid.
The "unknown pneumonia in Kazakhstan caused 1,772 deaths in the first six months of the year, including 628 people in June alone", the Chinese embassy in the central Asian country said in a statement.
Benchmark indices Sensex and Nifty slid for a seventh straight session on Monday, logging their longest losing run in the past five months, following a bearish trend in global markets amid concerns over aggressive rate hikes by developed economies. Fresh foreign fund outflows and losses in IT, auto and oil stocks also dented investor sentiments. The BSE Sensex declined by 175.58 points or 0.30 per cent to close at 59,288.35 with 17 of its shares posting losses.
All the 27 deaths occurred in the virus-hit central Hubei province, China's National Health Commission (NHC) said. The confirmed cases for the first time fell below 50 since COVID-19 surfaced in Hubei province in January.
From the Sensex pack, Bajaj Finance, Bajaj Finserv, Reliance Industries, Wipro, HDFC Bank, HDFC, ICICI Bank and Tata Steel were the major laggards. ITC was the lone winner in the Sensex pack.
On Wednesday, the Chinese authorities extended a ban on sales of shares by large shareholders.
The overall confirmed cases on the Chinese mainland has reached 44,653 by the end of Tuesday and 1,113 people has died of the disease.
The country's National Health Commission in its daily update said it received reports of 52 deaths, all from Hubei, and 406 new confirmed cases of the novel coronavirus infection from all over the country.
Equity benchmarks snapped their six-session rally to close marginally lower on Thursday amid profit booking in banking and energy counters. Investors also stayed on the sidelines ahead of the RBI's policy meet outcome on Friday. In choppy trade, the 30-share BSE Sensex ended 51.73 points or 0.09 per cent lower at 58,298.80. During the day, it hit a low of 57,577.05 and a high of 58,712.66.
Equity benchmark indices ended flat on Wednesday with Sensex sliding 33 points and Nifty gaining 9 points after an unabated record-breaking rally in the last few trading sessions. Weak global market trends and fall in HDFC twins also spoiled markets party. The 30-share BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04.
The benchmark BSE Sensex and Nifty closed marginally higher in a volatile trade on Tuesday as gains in FMCG, power and energy stocks helped the indices extend gains for a fifth straight day. The 30-share BSE benchmark ended 20.86 points or 0.04 per cent higher at 58,136.36 with 16 of its constituents ending in the red. During the day, it hit a high of 58,328.41 and a low of 57,744.70.
72 per cent of the revenue of Indian firms (India Inc) is derived from the domestic / home market - the sixth highest in percentage terms in the emerging market (EM) and the Asian region, said a recent report by Morgan Stanley. The balance, according to the report titled 'Global Exposure Guide 2021' co-authored by analysts led by Jonathan F Garner, their chief Asia and emerging market strategist, is split between the developed markets (DMs) and other EMs. The report is based on an analysis of 3,300 companies globally that have revenue exposure in 17 different regions.
'China could place the currency on a par with global biggies. But it has to wait to be a serious challenger.'
Higher valuation creation in companies beyond the top 100 has given the domestic markets a shot at a $4 trillion market capitalisation (mcap) - a club exclusive to three countries currently. On November 23, the mcap of all BSE-listed stocks finished at a new record of Rs 328.33 trillion ($3.94 trillion), despite the benchmark indices ending with losses. The mcap was propelled by gains in the broader market, including small and midcap stocks - a trend dominant this year.
As Google redirected its users in China to a website in Hong Kong, influential Chinese authors have demanded settling copyright issues, alleging that the US-based search engine scanned their books without permission.
Saina, who has been battling illness and injuries, is going through a bad patch, having lost six times in the first round this season.
The Fujian was launched at a brief ceremony held at the Shanghai shipyard, the official media reported from the eastern metropolis.
United States President Joe Biden and Chinese's wannabe supreme leader Xi Jinping met virtually a few hours ago.
Defending champion P V Sindhu stood just one step away from retaining her title after defeating Thailand's Ratchanok Inthanon in a lop-sided semi-final at the $ 350,000 India Open Super 500 tournament in New Delhi on Saturday.
It is a landmark in China's over two-month-long fight against the deadly virus as the country continued to report coronavirus deaths till Sunday, especially from the epicentre Hubei province.
The data leak obtained by 'The Australian' newspaper has revealed how the alleged CPC members are employed with some of the world's biggest corporations in the areas of defence, banks and pharmaceutical giants manufacturing coronavirus vaccines.
The new law, effective from January 1, weakens the role of the State Council, China's Cabinet headed by Premier Li Keqiang, in formulating military policy, handing decision-making powers to the Central Military Commission (CMC), the overall high-command of the two million-strong People's Liberation Army (PLA) headed by Xi, Hong Kong-based South China Morning Post reported on Sunday.
IndusInd Bank was the top gainer in the Sensex pack, spurting over 5 per cent, followed by Bajaj Finserv, HCL Tech, Bajaj Finance, Kotak Bank and Axis Bank. NSE Nifty jumped 203.15 points to 17,780.00.
The job cuts will affect almost a fifth of the bank's workforce.
Indian women's badminton star Saina Nehwal crashed out of the women's singles competition in the first round after a loss to China's Zhang Yiman. She lost the match 17-21, 21-19,11-21. After being a game down, Nehwal made a comeback in the second game but lost the final one.
Equity benchmark indices Sensex and Nifty bounced back on Thursday to close higher by nearly 1 per cent on gains in banking, IT and auto shares amid mixed global trends. The 30-share BSE Sensex rose by 443.19 points or 0.86 per cent to settle at 52,265.72. During the day, it rallied 694.26 points or 1.33 per cent to 52,516.79. The NSE Nifty advanced 143.35 points or 0.93 per cent to 15,556.65.
Olympic bronze medallist Saina Nehwal crashed out of the Hong Kong Super Series after losing to former world No 1 Wang Lin of China in the second round on Thursday. The third-seeded Indian failed to match Wang, currently ranked No 61, with her smashes and went down 19-21, 15-21 in 37 minutes.
Chinese President Xi Jinping has called for undiminished vigilance on the prevention and control work of the COVID-19 as the situation in the Wuhan City and Hubei Province remains severe
Around 6% of the world's population is addicted to the internet.
British Prime Minister Rishi Sunak has reiterated the UK's commitment to a free trade agreement (FTA) with India as part of the country's wider focus on enhancing ties with the strategic Indo-Pacific region and standing up to competitors with "robust pragmatism". Delivering his first major foreign policy speech since taking charge at 10 Downing Street last month at the Lord Mayor of London's Banquet on Monday evening, the British Indian leader reflected upon his heritage and committed to promoting British values of "freedom and openness" around the world. He also pledged to "do things differently" far removed from the so-called "golden era" with China, which he said poses a "systemic challenge" to British values and interests.
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