News for 'People's Bank of China'

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

China Will Never Get Ladakh!

China Will Never Get Ladakh!

Rediff.com31 Oct 2023

'It is flabbergasting to think that this heavenly region has, for decades, been coveted by India's aggressive neighbours,' says Claude Arpi after a recent visit to Ladakh. 'Wanting to use the newly created infrastructure to defend the borders after the clash of 2020 with China and the resulting standoffs, the home ministry is keen to boost border tourism to show that these areas are controlled by India.'

'AI Might Enslave Or Annihilate Us'

'AI Might Enslave Or Annihilate Us'

Rediff.com10 Dec 2024

'It is the first technology in history which is not just a tool, it is an agent.' Yuval Noah Harari on the dangers on AI.

China allows couples to have 3 children amid ageing population

China allows couples to have 3 children amid ageing population

Rediff.com31 May 2021

Despite the relaxation of the one-child policy in 2016, the number of live births per 1,000 people fell to a record low of 10.48 in 2019, down from 10.94 in 2018.

'We cannot allow China to swallow our territory'

'We cannot allow China to swallow our territory'

Rediff.com16 Jun 2023

'We have to be prepared on the borders to withstand Chinese expansionist designs.'

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.

'You Can't Expect To Get Hot Potatoes From Colleges'

'You Can't Expect To Get Hot Potatoes From Colleges'

Rediff.com12 Nov 2024

'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'

India pushes China for early disengagement in Demchok, Despsang Plains

India pushes China for early disengagement in Demchok, Despsang Plains

Rediff.com14 Aug 2023

India on Monday pressed for early disengagement of troops in remaining friction points in eastern Ladakh during a fresh round of high-level military talks with China, people familiar with the matter said.

'Markets Not In Panic Yet, But...'

'Markets Not In Panic Yet, But...'

Rediff.com7 Oct 2024

'If you see another 1000-point correction, people may start panicking.'

'AI Has Pushed India 5 To 7 Years Behind!'

'AI Has Pushed India 5 To 7 Years Behind!'

Rediff.com19 Sep 2024

'Unfortunately, most of our students use AI to replace knowledge when they should be using the AI tools to enhance their knowledge.' 'I am sorry to say, even those students who have opted to study AI have no idea what AI is.'

BRICS bank launched in China as alternative to World Bank, IMF

BRICS bank launched in China as alternative to World Bank, IMF

Rediff.com21 Jul 2015

The opening ceremony was held in China's financial capital.

India to press for early disengagement in talks with China

India to press for early disengagement in talks with China

Rediff.com12 Aug 2023

India is set to press for early disengagement of troops from the remaining friction points in eastern Ladakh at a fresh round of high-level military talks with China on August 14, people familiar with the matter said on Saturday.

'In Equity Markets, One Has To Be Patient'

'In Equity Markets, One Has To Be Patient'

Rediff.com12 Nov 2024

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

China issues flood alert in Brahmaputra; Arunachal, Assam caution people

China issues flood alert in Brahmaputra; Arunachal, Assam caution people

Rediff.com30 Aug 2018

A senior official of the Union water resources ministry said it was an unprecedented situation on the Chinese side where Tsangpo broke a 150-year record with swollen waters and hence China has shared the information with India.

'RBI In No Hurry To Do Big Rate Cuts'

'RBI In No Hurry To Do Big Rate Cuts'

Rediff.com30 Sep 2024

'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'

India shows China the way to deal with bad debt

India shows China the way to deal with bad debt

Rediff.com6 May 2016

While Modi must worry about the electoral backlash of bailing out state-owned banks, China's communist rulers face fewer constraints.

Indians see China, not Pak as their greatest threat: US Congressman

Indians see China, not Pak as their greatest threat: US Congressman

Rediff.com25 Apr 2023

"China creeps towards hegemony in Asia, threatens India's borders, and treats other countries as junior partners, Indian-American Congressman Ro Khanna said.

China reports 48 new coronavirus cases, 1 death

China reports 48 new coronavirus cases, 1 death

Rediff.com31 Mar 2020

The overall confirmed cases on the mainland have reached 81,518 as of Monday, which included 3,305 people who died of the of disease.

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

Chinese central bank hikes stake in HDFC to 1.01%

Chinese central bank hikes stake in HDFC to 1.01%

Rediff.com12 Apr 2020

People's Bank of China's holding in HDFC stood at 1,74,92,909 equity shares, accounting for 1.01 per cent of the share capital of the company as of March-end, as per exchange data.

China rate hike good for India

China rate hike good for India

Rediff.com1 Nov 2004

TN govt powers Foxconn residence for 18K women

TN govt powers Foxconn residence for 18K women

Rediff.com16 Aug 2024

The Tamil Nadu government is set to unveil a housing initiative for 18,720 women employed by Taiwanese tech giant Foxconn, a key supplier to iPhone-maker Apple, this Saturday. The project, located at Vallam Vadagal near Chennai, marks the first time an Indian state government has constructed a hostel of this scale for a private firm - a model that's been successful in China and Vietnam.

India, Canada expel diplomats amid deepening rift

India, Canada expel diplomats amid deepening rift

Rediff.com15 Oct 2024

India on Monday expelled six Canadian diplomats and announced withdrawing its high commissioner and other 'targeted' officials from Canada after strongly dismissing Ottawa's allegations linking the envoy to a probe into the killing of Sikh extremist Hardeep Singh Nijjar, in a major downturn in already frosty ties between the two nations.

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Rediff.com23 Feb 2023

At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.

Prachanda inaugurated China-funded Pokhara airport two weeks ago

Prachanda inaugurated China-funded Pokhara airport two weeks ago

Rediff.com15 Jan 2023

The Nepal government signed a $215.96 million soft loan agreement with China in March 2016 for the construction of the airport in this tourist hub.

Currency very close to equilibrium: China

Currency very close to equilibrium: China

Rediff.com6 Mar 2013

Since China activated exchange rate reform in 2005, the value of RMB yuan against US dollar has surged by more than 30 per cent, he said refuting persistent US allegations that as world's largest exporter China benefited by keeping low exchange rate for its currency.

India, China agree to 'speed up' resolution of LAC standoff: Chinese Defence Ministry

India, China agree to 'speed up' resolution of LAC standoff: Chinese Defence Ministry

Rediff.com25 Apr 2023

Chinese foreign ministry spokesperson Mao Ning told the media in Beijing on Monday that the two sides held an in-depth exchange of views on expediting the resolution of relevant issues.

Satellite shows China building new bridge in Pangong area

Satellite shows China building new bridge in Pangong area

Rediff.com18 May 2022

The people familiar with the development said the new bridge is being built in an area that is over 20 km from the Line of Actual Control (LAC).

Weak global economic scenario could affect China

Weak global economic scenario could affect China

Rediff.com12 Mar 2012

The Chinese central bank on Monday warned the country could face huge uncertainties in the wake of slow world recovery process and the unstable economic and financial situation in Europe.

China acknowledges inflation pressure

China acknowledges inflation pressure

Rediff.com9 Aug 2007

China's central bank has finally acknowledged that the nation's booming red-hot economy is facing increasing pressure from spiralling prices and inflation risks are "worthy of attention".

Volatile living: India, China's bold monetary experiment

Volatile living: India, China's bold monetary experiment

Rediff.com15 Nov 2013

Both central banks targeted interbank rates to control the supply of money, aiming for a more surgical monetary tool than orthodox bank reserves or policy interest rates.

Oh, Kolkata!

Oh, Kolkata!

Rediff.com7 Oct 2024

5 Must Do Things in Kolkata.

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

China, India should be partners rather than rivals: Chinese FM

China, India should be partners rather than rivals: Chinese FM

Rediff.com7 Mar 2022

'China and India have encountered some setbacks in recent years which do not serve the fundamental interests of the two countries and the two peoples'

Beijing deserting Russia? Two Chinese banks suspend business with Moscow

Beijing deserting Russia? Two Chinese banks suspend business with Moscow

Rediff.com7 Mar 2022

Radio Free Europe reported that the Asian Infrastructure Investment Bank, a Chinese-led development bank, suspended all business with Russia and Belarus on March 3.

'China only understands strength'

'China only understands strength'

Rediff.com10 Jan 2022

'If you behave like a nail, the adversary will behave like a hammer.'

Meet halfway to push bilateral relations back on track: China to India

Meet halfway to push bilateral relations back on track: China to India

Rediff.com23 Jun 2022

'The two sides should support rather than undermine each other, strengthen cooperation rather than guard against each other, and enhance mutual trust rather than be suspicious of each other'

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

Time To Shut Down Coaching Classes?

Time To Shut Down Coaching Classes?

Rediff.com24 Aug 2024

The coaching-tuition-profiteering model built on the back of a broken education system is a scandal and an abomination, and must go, asserts Shekhar Gupta.