News for 'New China News Agency'

Govt to open nuclear power sector for private participation

Govt to open nuclear power sector for private participation

Rediff.com1 Feb 2025

Ushering in reforms, Union Finance Minister Nirmala Sitharaman on Saturday proposed to open up the nuclear power sector for private players and announced a Rs 20,000 crore Nuclear Energy Mission for research in the field, with an aim to set up five small and modular reactors by 2033.

'Comedians Usually Bounce Back'

'Comedians Usually Bounce Back'

Rediff.com15 Feb 2025

'Unless a comedian is involved in something society deems unforgivable...'

Manga Fever Takes Over India

Manga Fever Takes Over India

Rediff.com12 Feb 2025

'Netflix, Amazon Prime Video, Crunchyroll, and Disney+ Hotstar are continuously expanding their Anime libraries.'

MHA gets Rs 2.33 lakh crore, bulk of funds for security

MHA gets Rs 2.33 lakh crore, bulk of funds for security

Rediff.com1 Feb 2025

The Union Budget 2025-26 on Saturday allocated Rs 2,33,210.68 crore to the Ministry of Home Affairs with the majority of the fund -- Rs 1,60,391.06 crore -- being given to central police forces like Central Reserve Police Force (CRPF), Border Security Force (BSF) and Central Industrial Security Force (CISF) which are responsible for internal security, border guarding and security of vital installations.

Iran: Trump Talks Tough, But Keeps Door Open

Iran: Trump Talks Tough, But Keeps Door Open

Rediff.com11 Feb 2025

The stage may be set for a recalibrated US-Iran relationship, suggests Ambassador M K Bhadrakumar.

Despite Sanctions, India's Russian Oil Imports Surge

Despite Sanctions, India's Russian Oil Imports Surge

Rediff.com1 Feb 2025

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.

India Gains Upper Hand In China Port Rivalry

India Gains Upper Hand In China Port Rivalry

Rediff.com15 Apr 2024

The Sittwe deal is more significant than Chabahar in Iran, where India has rights to operate only two terminals and not the port itself.

Why gold import computation went wrong

Why gold import computation went wrong

Rediff.com9 Jan 2025

The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures and the issue has now been largely rectified, government sources said. The downward revision has provided the actual picture of trade deficit (difference between imports and exports), which was earlier looking very high. The deficit for November will now be revised downwards from $37.84 billion to about $32.8 billion. Similarly, there will be a revision in overall import numbers as well.

Govt warns against new scam targeting potential investors

Govt warns against new scam targeting potential investors

Rediff.com2 Jan 2025

A new cyber fraud known as 'pig butchering scam' or 'investment scam' has emerged, targeting unemployed youths, housewives, students, and needy people who are made to lose large sums of money daily, according to the latest annual report of the Union home ministry.

India's Crude Imports Could Face Problems in 2025

India's Crude Imports Could Face Problems in 2025

Rediff.com9 Jan 2025

However, copious oil supplies amid growing global output and slowing Chinese oil consumption will put India in a better bargaining position with Gulf suppliers.

Adani opts out of US funding for Colombo Port project

Adani opts out of US funding for Colombo Port project

Rediff.com11 Dec 2024

Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project. In an exchange filing late on Tuesday, Adani Ports and Special Economic Zone Ltd (APSEZ) said the project "is on track for commissioning by early next year". "The project will be financed through the company's internal accruals and capital management plan," the firm said.

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

Rediff.com13 Sep 2024

The US unit of PwC will lay off about 1,800 workers, marking its first formal job cuts since 2009 as the company seeks to restructure its technology group. This comes amid a slowdown in demand for some of its advisory business, according to a Wall Street Journal report. Half of the anticipated layoffs will target offshore positions, impacting a wide range of employees from associates to managing directors.

SpaDeX mission: Spacecraft placed in right orbit, ISRO eyes another feat

SpaDeX mission: Spacecraft placed in right orbit, ISRO eyes another feat

Rediff.com31 Dec 2024

Dubbed as a prelude to ISRO setting up its own Space Station by 2035, the PSLV-C60 mission would also make India join an elite club in achieving this feat which is expected to take place in the coming days.

Will Nirmalaji Target Fiscal Deficit?

Will Nirmalaji Target Fiscal Deficit?

Rediff.com28 Jan 2025

The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.

6.2-magnitude earthquake kills 127 in China

6.2-magnitude earthquake kills 127 in China

Rediff.com19 Dec 2023

The earthquake damaged houses, roads, as well as other infrastructures, state-run Xinhua news agency quoted eyewitnesses from the area as saying.

Controversy, heartbreaks: Indian boxing's disastrous year

Controversy, heartbreaks: Indian boxing's disastrous year

Rediff.com23 Dec 2024

Coaching crisis, heartbreaks and Olympic setbacks mark a disastrous year for Indian boxing

New illness spreading in China, WHO seeks info

New illness spreading in China, WHO seeks info

Rediff.com23 Nov 2023

World Health Organisation (WHO) has sought more information from Beijing on information about an outbreak of pneumonia in northern China that appears to be mostly affecting children, Al Jazeera reported.

Trump to declare national emergency, send troops to...

Trump to declare national emergency, send troops to...

Rediff.com21 Jan 2025

President Donald Trump is expected to sign a series of executive orders fulfilling campaign promises, including declaring an emergency at the southern border, addressing a national energy crisis, and defining sex-related policies. The orders aim to address immigration, national security, and energy independence, with a focus on reversing policies implemented by the previous administration.

US sanctions Pak, calls its missile programme a threat

US sanctions Pak, calls its missile programme a threat

Rediff.com20 Dec 2024

Asserting that Pakistan developing sophisticated missile technology will give it the capability to strike targets well beyond South Asia, including in the United States, a top White House official said on Thursday that the Asian country's actions are an emerging threat to the United States.

Govt revises gold import data from April; cuts Nov figures by $5 bn to $9.84 bn

Govt revises gold import data from April; cuts Nov figures by $5 bn to $9.84 bn

Rediff.com8 Jan 2025

The government has revised gold import data, bringing down numbers for November by $5 billion to $9.84 billion, possibly to rectify double accounting of inbound shipments. According to revised data of the commerce ministry arm Directorate General of Commercial Intelligence and Statistics (DGCIS), gold import numbers have been slashed since April 2024, revealing excess imports of about $11.7 billion during the first eight months of 2024-25.

Time For India To Revisit Western Alliances

Time For India To Revisit Western Alliances

Rediff.com4 Nov 2024

It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.

India-Taiwan-US Unite To Counter China's Cyber Threats

India-Taiwan-US Unite To Counter China's Cyber Threats

Rediff.com21 Dec 2023

Three countries share a common interest in warding off cyber attacks from various agencies PLA is developing and training in China.

China to host Indian Ocean forum to expand influence in India's backyard

China to host Indian Ocean forum to expand influence in India's backyard

Rediff.com6 Dec 2023

CIDCA is headed by Luo Zhaohui, the former vice foreign minister and ex-ambassador to India.

India to drive Asia Pacific growth as China's fortunes wane, says S&P

India to drive Asia Pacific growth as China's fortunes wane, says S&P

Rediff.com6 Dec 2023

India will drive growth in the Asia-Pacific (Apac) region as the growth engine is likely to shift from China to South and Southeast Asia in the coming years, S&P Global Ratings said in a report on Tuesday. The rating agency's report projected China's growth to slow down to 4.6 per cent by 2026 from an estimated 5.4 per cent in 2023. India is likely to clock 7 per cent economic growth from 6.4 per cent estimated for 2023.

9 top PLA generals dismissed from China's Parliament

9 top PLA generals dismissed from China's Parliament

Rediff.com30 Dec 2023

Over a million officials are said to have been punished in Xi's anti-corruption campaign according to the official media accounts. The intensity of the campaign also attracted criticism that Xi made effective use of it to silence his critics and rivals within the party.

UK's parliamentary panel report calls China 'greatest risk'

UK's parliamentary panel report calls China 'greatest risk'

Rediff.com14 Jul 2023

China's size and ambition have enabled it to successfully penetrate every sector of the UK's economy, an influential parliamentary panel has said, warning that Beijing's national imperative continues to become a technological and economic superpower on which other countries are reliant, which represents the "greatest risk" to the UK.

Why India Will Like Shigeru Ishiba

Why India Will Like Shigeru Ishiba

Rediff.com4 Oct 2024

Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.

'Rahul Shouldn't Have Called Kejriwal Deshdrohi'

'Rahul Shouldn't Have Called Kejriwal Deshdrohi'

Rediff.com17 Jan 2025

'The Congress cannot speak the BJP's words while targeting Kejriwal.' 'What is the difference between the two? Where is the unity of INDIA then?'

'If We Are A Global Power It's Because Of Him'

'If We Are A Global Power It's Because Of Him'

Rediff.com31 Dec 2024

'A man who brought about the greatest set of economic reforms in the country, who changed the course of Indian history, cannot be considered weak.' 'A man who fought for nuclear reforms even though his majority in Parliament was threatened, he cannot be considered weak.'

'Baloch Believe Pakistan Will Break Up'

'Baloch Believe Pakistan Will Break Up'

Rediff.com9 Sep 2024

'The struggle of insurgents and pro-independence political activists is fuelled by a deep conviction that not only is a free Balochistan possible, but they also believe that Pakistan will inevitably break apart, leading to Balochistan's independence.'

'China slows, India grows': S&P pegs 7% GDP growth for India by 2026

'China slows, India grows': S&P pegs 7% GDP growth for India by 2026

Rediff.com28 Nov 2023

India's GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled 'China Slows India Grows', S&P said it expects Asia-Pacific's growth engine to shift from China to South and Southeast Asia. "We project China's GDP growth to slow to 4.6 per cent in 2024 (2023: 5.4 per cent), edge up to 4.8 per cent in 2025, and return to 4.6 per cent in 2026.

Ex-Lava MD Hari Om Rai gets bail in money laundering case

Ex-Lava MD Hari Om Rai gets bail in money laundering case

Rediff.com21 Nov 2024

The Delhi high court has granted bail to Hari Om Rai, the former MD of Lava International mobile company, in a money laundering case involving smartphone-maker Vivo. Justice Manoj Kumar Ohri granted relief to the ex-Lava official, who was in custody since his arrest by the Enforcement Directorate (ED) in October last year.

Israeli diplomat attacked in China amid war against Hamas

Israeli diplomat attacked in China amid war against Hamas

Rediff.com13 Oct 2023

Meanwhile, Israel has expressed its "deep disappointment" with China's response to the war.

Fitch raises India's GDP forecast for FY25; cuts China's

Fitch raises India's GDP forecast for FY25; cuts China's

Rediff.com14 Mar 2024

Fitch Ratings on Thursday raised its forecast for India's economic growth to 7 per cent for the next fiscal year starting April 1 on the back of strong domestic demand and sustained level of business and consumer confidence. With a stronger-than-expected 8.4 per cent growth in gross domestic product (GDP) during the third quarter (October-December) of the current fiscal year, Fitch saw the Indian economy expanding 7.8 per cent in 2023-24 financial year (April 2023 to March 2024), marginally higher than the government's estimate of 7.6 per cent.

2 Chinese workers killed in Karachi blast, Beijing 'shocked'

2 Chinese workers killed in Karachi blast, Beijing 'shocked'

Rediff.com7 Oct 2024

The banned Baloch Liberation Army (BLA) claimed responsibility for the attack, saying the blast was a suicide attack targeting a convoy of Chinese engineers and investors leaving the Jinnah International Airport.

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Rediff.com3 Aug 2023

Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.

India's BSRs Won't Need New Safety Rules

India's BSRs Won't Need New Safety Rules

Rediff.com9 Nov 2024

'Bharat Small Reactors are essentially similar to the existing 220 MWe Pressurised Heavy Water Reactors. The existing regulations are applicable for BSRs.'

Challenges India's economy faces from its rising population

Challenges India's economy faces from its rising population

Rediff.com17 Oct 2024

India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said on Thursday. It said emerging economies have high ambitions for the next decade and beyond with India aiming to become a $30 trillion economy by 2047, from the current $3.6 trillion. India is currently the fifth largest economy.

Saudi oil supply rebound gives India bargaining power

Saudi oil supply rebound gives India bargaining power

Rediff.com3 Oct 2024

A resurgence in Saudi Arabian supplies of crude oil to India coupled with an attack on an Iraqi tanker in August carrying crude to Europe may result in improved bargaining power for India with West Asian and Russian suppliers for winter supplies. Shipments of Saudi oil rebounded in September from August, surging to the highest since March while Russian oil shipments rose marginally as Saudi Arabia tried to claw back market share in Asia, according to industry sources and ship tracking data.

PIX: Beckham bids ex-England boss Eriksson adieu

PIX: Beckham bids ex-England boss Eriksson adieu

Rediff.com13 Sep 2024

Eriksson, known in Sweden simply as "Svennis", led England to the 2002 and 2006 World Cup quarter-finals, and to the 2004 European Championship, managing a golden generation of players that besides Beckham included stars such as Frank Lampard, Wayne Rooney and Steven Gerrard.