News for 'People's Bank of China'

India, China to push for 'early' disengagement in Ladakh

India, China to push for 'early' disengagement in Ladakh

Rediff.com25 Jan 2021

The sources said both sides held extensive deliberations on modalities for disengagement of troops from all the friction points in eastern Ladakh at the talks.

LAC: India, China agree to avoid any new incidents

LAC: India, China agree to avoid any new incidents

Rediff.com10 Apr 2021

The Army said it was also highlighted that completion of disengagement in other areas would pave the way for the two sides to consider de-escalation of forces and ensure full restoration of peace and tranquillity and enable progress in bilateral relations.

Let's prepare for coming economic war with China

Let's prepare for coming economic war with China

Rediff.com28 Jul 2020

India has no option but to shut China out, notes T C A Srinivasa-Raghavan.

Not just India, China too faces burden of bad loans

Not just India, China too faces burden of bad loans

Rediff.com14 Mar 2016

Non-performing loans in the Chinese banking system stood at RMB 1.27 trillion at the end of 2015.

India, China complete disengagement in Pangong area; to hold talks on Saturday

India, China complete disengagement in Pangong area; to hold talks on Saturday

Rediff.com19 Feb 2021

Sources indicated that during Saturday's talks, India will insist on a faster disengagement process in remaining areas to bring down tension in the region, which has witnessed a tense standoff between the two militaries for over nine months.

Data leak shows massive infiltration by China's Communist Party

Data leak shows massive infiltration by China's Communist Party

Rediff.com14 Dec 2020

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.

India, China militaries to hold 11th round of talks on Friday

India, China militaries to hold 11th round of talks on Friday

Rediff.com8 Apr 2021

India and China to hold the 11th round of corps commander-level talks at Chushul in eastern Ladakh at 10.30 am on Friday that is expected to focus on disengagement of troops in remaining friction points, sources within the Indian Army said.

India's tweaking of FDI norms aimed at only China

India's tweaking of FDI norms aimed at only China

Rediff.com28 Apr 2020

'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.

Prez invokes Ram temple, Art 370 in Parl speech

Prez invokes Ram temple, Art 370 in Parl speech

Rediff.com31 Jan 2024

In her first address to a joint sitting of the two Houses in the new Parliament building in which she touched on varied issues ranging from insurgency to inflation, Murmu said a country can progress at a fast pace only when it defeats the challenges of the past and puts maximum energy into building the future.

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Rediff.com10 Oct 2023

The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

China's foreign trade declines, forex reserves drop to record low

China's foreign trade declines, forex reserves drop to record low

Rediff.com8 Sep 2015

Exports dipped 1.6 per cent to 8.95 trillion yuan.

How NIIT became a big success in China

How NIIT became a big success in China

Rediff.com18 Feb 2020

The job placement rate for students trained by NIIT in China is over 90 per cent.' A revealing excerpt from Saibal Dasgupta's Running With The Dragon: How India Should Do Business With China.

Can Terrorists Make Money From Markets After Attacks?

Can Terrorists Make Money From Markets After Attacks?

Rediff.com26 Dec 2023

The men with guns tend to know little finance, and establishing such a conspiracy then involves leakage of information, which is also dangerous, Ajay Shah points out.

'For India, Sheikh Hasina is a reliable partner'

'For India, Sheikh Hasina is a reliable partner'

Rediff.com8 Jan 2024

'She delivers on promises, especially on security issues which is a core concern for India.'

Biden Checkmates China in Kabul

Biden Checkmates China in Kabul

Rediff.com11 Nov 2021

Beijing's growing assertiveness as kingmaker in Kabul has suffered a setback with Washington quietly moving in, observes Ambassador M K Bhadrakumar.

Election funding is a complicated issue, observes SC bench in poll bonds hearing

Election funding is a complicated issue, observes SC bench in poll bonds hearing

Rediff.com31 Oct 2023

The "opaque" electoral bonds scheme for funding political parties will "destroy democracy" as it promotes corruption and does not allow a level playing field between the ruling and opposition parties, the petitioners challenging the validity of the scheme told the Supreme Court, which on Tuesday observed election funding was a "complicated issue".

China engaged in provocative action on Monday too: India

China engaged in provocative action on Monday too: India

Rediff.com1 Sep 2020

The MEA spokesperson further said the actions and behaviour of the Chinese side since earlier this year along the LAC have been in "clear violation" of the bilateral agreements and protocols concluded between the two countries to ensure peace and tranquility on the border.

'We are where we were': Army chief says not an inch lost to China

'We are where we were': Army chief says not an inch lost to China

Rediff.com31 Mar 2021

The Army Chief further spoke about the situation at other friction points where China was aggressive like Gogra Hotsprings.

India's biggest challenge is inclusive growth: Chandrasekaran

India's biggest challenge is inclusive growth: Chandrasekaran

Rediff.com18 Dec 2023

All the global transitions are working in India's favour, giving it the potential to become a force in today's uncertain world, but one of the country's biggest challenges is inclusive growth, Tata Sons chairman N Chandrasekaran said on Monday. In his address at the JRD Tata Oration, the head of the Tata group also asserted that Artificial Intelligence (AI) is here to stay and it will be beneficial if India prepares for it. Post the cold war era of relative stability and prosperity, the world appears to have given way to unpredictable conflicts and economic uncertainty, he said, adding that the pandemic resulted in supply chain shocks of gigantic proportion.

'Nothing alarming about fall in financial savings yet'

'Nothing alarming about fall in financial savings yet'

Rediff.com25 Sep 2023

'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'

China's manufacturing activity slows down to 11-month low

China's manufacturing activity slows down to 11-month low

Rediff.com24 Mar 2015

HSBC's purchasing managers' index was released on Tuesday.

5 Indian sectors that will be impacted by China's yuan devaluation

5 Indian sectors that will be impacted by China's yuan devaluation

Rediff.com12 Aug 2015

The People's Bank of China cut its daily reference rate for the currency by a record 1.9 per cent, the biggest loss since January 1994.

LAC row: India, China to hold another round of talks

LAC row: India, China to hold another round of talks

Rediff.com5 Nov 2020

The last round of Corps Commander-level talks had taken place on October 12 but there was no breakthrough on the disengagement of troops from the friction points.

China is a 'challenging neighbour' for India: Jaishankar

China is a 'challenging neighbour' for India: Jaishankar

Rediff.com26 Mar 2021

Jaishankar noted that it would be difficult to say what will happen in the future as there are a lot of "contradictions and frictions" out there today.

Border not yet demarcated, there will always be problems: China

Border not yet demarcated, there will always be problems: China

Rediff.com1 Sep 2020

Instead of "the dragon and the elephant compete with each other", "the dragon and the elephant dance together, Chinese Foreign Minister Wang Yi said.

India can fight China, but not with a divided house

India can fight China, but not with a divided house

Rediff.com9 Nov 2021

We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.

'India and China don't want to go to war'

'India and China don't want to go to war'

Rediff.com3 Nov 2021

'China is unwilling to restore the status quo ante of April 2020.' 'India will have to weigh its options based on this premise.'

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying

Rediff.com21 May 2023

Jewellers in India, the world's second largest gold consuming country after China, have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank's announcement to withdraw Rs 2,000 notes from circulation. However, there is no panic buying of the precious metal unlike the situation witnessed in 2016 during demonetisation, jewellers body GJC said on Sunday. In fact in the last two days, the actual gold purchase has been less in exchange of Rs 2,000 notes due to strict Know your Customer (KYC) norms although sources said some jewellers have started charging a 5-10 per cent premium, taking the gold prices to Rs 66,000 per 10 grams level.

India insists on early disengagement in talks with China

India insists on early disengagement in talks with China

Rediff.com12 Oct 2020

As the border standoff entered the sixth month, an early resolution to the row appeared dim with close to 100,000 Indian and Chinese troops remaining deployed in the high-altitude region and showing readiness for a long-haul. There is no official word on the talks yet but sources said the agenda was to finalise a roadmap for disengagement of troops from all the friction points.

Army thwarts fresh attempts by China to change status quo in Pangong Lake

Army thwarts fresh attempts by China to change status quo in Pangong Lake

Rediff.com31 Aug 2020

Army Spokesperson Colonel Aman Anand said troops from China's People's Liberation Army (PLA) 'violated' the consensus arrived at during military and diplomatic engagements on the ongoing standoff in eastern Ladakh, and carried out provocative military movements to change the status quo.

China exonerates itself in whitepaper on COVID-19

China exonerates itself in whitepaper on COVID-19

Rediff.com7 Jun 2020

A whitepaper released by the Chinese government gave a lengthy explanation to refute the allegations of cover up and delay by Beijing on reporting the COVID-19 outbreak last year in Wuhan. United States President Donald Trump and leaders of several countries have accused China of not being transparent in reporting the deadly disease, leading to huge human casualties and economic crisis across the world.

China's continuous build-up matter of concern: Army chief

China's continuous build-up matter of concern: Army chief

Rediff.com9 Oct 2021

He said if the Chinese military maintains the deployment through the second winter, it may lead to an LoC-like situation (Line of Control) though not an active LoC as is there on the western front with Pakistan.

India, China agree not to send more troops to LAC

India, China agree not to send more troops to LAC

Rediff.com23 Sep 2020

The decisions were mentioned in a joint statement issued by the two armies late Tuesday, a day after the sixth round of Sino-India Corps commander-level talks that lasted for 14-hours.

US vision of Lanka very different from 'predator' China: Pompeo

US vision of Lanka very different from 'predator' China: Pompeo

Rediff.com28 Oct 2020

Pompeo, who became the Trump administration's highest ranking official to visit Sri Lanka, said that the US and Sri Lanka shared a vision for democracy to build a relationship and the "freedom to hold democratic elections".

Withdraw troops from eastern Ladakh: India to China

Withdraw troops from eastern Ladakh: India to China

Rediff.com23 Jun 2020

The focus of the deliberations was on finalising modalities for disengagement of troops in eastern Ladakh.

Indian soldiers share New Year sweets with China, Pak troops

Indian soldiers share New Year sweets with China, Pak troops

Rediff.com1 Jan 2022

India and Chinese troops on Saturday exchanged sweets and greetings at 10 border posts along the Line of Actual Control (LAC) including in eastern Ladakh to mark the New Year, officials said.

'It was not just an operation against NewsClick'

'It was not just an operation against NewsClick'

Rediff.com10 Oct 2023

The entire operation was meant to have a chilling effect on independent journalists, those not completely subservient to the regime, the small section still doing what the Fourth Estate should do -- raising questions to those in power.

PoK is ours, Amit Shah says in LS, blames Nehru

PoK is ours, Amit Shah says in LS, blames Nehru

Rediff.com6 Dec 2023

Union Home Minister Amit Shah on Wednesday blamed India's first Prime Minister Jawaharlal Nehru's "two major blunders" -- declaring a ceasefire without winning the entire Kashmir and taking the issue to the United Nations -- for the sufferings of the people of Jammu and Kashmir.

Are India, China preparing for war?

Are India, China preparing for war?

Rediff.com30 Sep 2020

RInstead of disengagement, the Indian and Chinese armies have deployed an estimated 35,000 to 40,000 soldiers each along the LAC. The PLA has deployed S-400 air defence missiles to neutralise the IAF's advantage in air power

G20 Presidency: Time To Taper Expectations

G20 Presidency: Time To Taper Expectations

Rediff.com1 Sep 2023

India's role as a leader of the global south may require it to give up its ambition to serve as a bridge between the warring halves of the international community, points out Mihir S Sharma.