News for 'People's Bank of China'

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

India needs to be more powerful than China: RSS chief

India needs to be more powerful than China: RSS chief

Rediff.com25 Oct 2020

Speaking at the RSS's annual Vijayadashami rally in Nagpur which was broadcast online and attended 50 swayamsevaks (volunteers) due to the COVID-19 guidelines, Bhagwat said when the Sangh says Hindustan is 'Hindu Rashtra', it does not have any political or power-centered concept in its mind.

India pushes for early disengagement in 8-hr talks with China

India pushes for early disengagement in 8-hr talks with China

Rediff.com10 Oct 2021

The Indian side is expected to seek disengagement as soon as possible in the remaining friction points besides pressing for resolution of issues in Depsang Bulge and Demchok.

India, China armies try to cool tensions in Ladakh ahead of FMs meet

India, China armies try to cool tensions in Ladakh ahead of FMs meet

Rediff.com9 Sep 2020

The sources said the situation in eastern Ladakh remained 'tense' and that around 30-40 soldiers of China's People's Liberation Army (PLA) are holding up at a position close to an Indian post in the Rezang-La ridgeline in eastern Ladakh.

Beijing reveals: What Qin told Jaishankar about LAC issues

Beijing reveals: What Qin told Jaishankar about LAC issues

Rediff.com3 Mar 2023

Qin's first in-person meeting with Jaishankar on Thursday came on the sidelines of the G20 foreign ministers conclave in New Delhi amid the over 34-month-long border row in eastern Ladakh.

SoftBank-backed Ola raises $500-mn term loan

SoftBank-backed Ola raises $500-mn term loan

Rediff.com17 Dec 2021

IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.

Mending fences with China begins

Mending fences with China begins

Rediff.com26 Feb 2018

'Significantly, Foreign Secretary Gokhale was received at very high level in Beijing.' 'It only shows China's keenness to move forward and put the relationship on a 'win-win' footing,' says Ambassador M K Bhadrakumar.

S&P keeps India growth forecast unchanged at 6% in FY24

S&P keeps India growth forecast unchanged at 6% in FY24

Rediff.com27 Mar 2023

S&P Global Ratings on Monday kept its forecast for India's economic growth unchanged at 6 per cent in the fiscal year starting April 1, before rising to 6.9 per cent in the following year. In the quarterly economic update for Asia-Pacific, S&P saw inflation rate easing to 5 per cent in 2023-24 fiscal, from 6.8 per cent in the current financial year. It saw India's gross domestic product (GDP) likely growing by 7 per cent in the current financial year ending March 31 (2022-23), before slowing to 6 per cent in the next 2023-24 fiscal.

India, China military commanders hold over 12-hr-long talks

India, China military commanders hold over 12-hr-long talks

Rediff.com21 Sep 2020

It is learnt that the Indian delegation insisted on a time-bound implementation of the agreement finalised during the extensive talks between External Affairs Minister S Jaishankar and his Chinese counterpart Wang Yi in Moscow on September 10 on the sidelines of a Shanghai Cooperation Organisation(SCO) meet.

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Rediff.com28 Feb 2023

Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.

Banks to witness spike in credit costs, NPAs in 2020

Banks to witness spike in credit costs, NPAs in 2020

Rediff.com6 Apr 2020

While banks are not as exposed as the corporate sector during the initial stage of the pandemic, the strain on lenders could ultimately be profound. Banks face a second-order hit compared with the corporate and household sectors.

Poll bonds not standalone attempt to curb black money, govt tells SC

Poll bonds not standalone attempt to curb black money, govt tells SC

Rediff.com1 Nov 2023

The Centre told the Supreme Court on Wednesday that almost every country, including India, was grappling with the problem of use of black money in elections and the electoral bonds scheme was a "conscious attempt" to eradicate the menace of "unclean money" in the poll process.

Chinese defence minister to visit India this week

Chinese defence minister to visit India this week

Rediff.com25 Apr 2023

China on Tuesday announced that its Defence Minister General Li Shangfu will visit India this week to attend the meeting of SCO defence ministers from April 27 during which he is expected to hold talks with his Indian counterpart Rajnath Singh on ending the prolonged eastern Ladakh standoff which has severely strained bilateral ties.

NBA stirs US hornet's nest, faces China backlash

NBA stirs US hornet's nest, faces China backlash

Rediff.com8 Oct 2019

An increasing number of US lawmakers voiced anger on Monday over the NBA's response to a Houston Rockets official's tweet backing Hong Kong democracy protests, raising US-China tensions as talks to end a 15-month trade war resumed.

Can China, Greece woes trip global equity markets?

Can China, Greece woes trip global equity markets?

Rediff.com9 Jul 2015

Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.

Army chief reviews situation along LAC amid Indo-China standoff

Army chief reviews situation along LAC amid Indo-China standoff

Rediff.com23 Dec 2020

Lt Gen PGK Menon, the commander of the Leh-based 14 Corps, popularly known as 'Fire and Fury' Corps, briefed the army chief on various aspects of the situation in eastern Ladakh.

China-Pakistan ties get stronger by the day

China-Pakistan ties get stronger by the day

Rediff.com27 May 2019

'Listing Masood Azhar as a 'global terrorist' was done with Islamabad and Imran Khan's concurrence.' 'It was not prompted by the so-called 'Wuhan spirit'.' 'The relationship between the two 'iron brothers' has not been dented,' points out former RA&W officer and China expert Jayadeva Ranade.

China: India must hold the line in the north

China: India must hold the line in the north

Rediff.com8 Sep 2020

'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'

'India can continue to be fastest growing economy this decade'

'India can continue to be fastest growing economy this decade'

Rediff.com12 Apr 2023

'With a solid investment programme and sustainable development strategy, India can exceed 7 per cent growth per year, or a doubling of high-quality national income within a decade.'

What you must know about China and coronavirus

What you must know about China and coronavirus

Rediff.com2 Apr 2020

How China's all powerful Communist party bungled the response to the coronavirus crisis.

India rejects China's push for 'selective disengagement'

India rejects China's push for 'selective disengagement'

Rediff.com25 Sep 2020

The Indian side also told the Chinese delegation that the talks on disengagement should include Depsang as well as all face-off sites, insisting that it should be a simultaneous process and not a selective one.

US, China can solve all global problems together: Trump

US, China can solve all global problems together: Trump

Rediff.com9 Nov 2017

I look forward to many years of success and friendship, working together to solve not only our problems, but world problems and problems of great danger and security, says President Trump in Beijing.

India beats China's cameras, sensors to push back PLA

India beats China's cameras, sensors to push back PLA

Rediff.com1 Sep 2020

Sources said the Indian side has prepared very well for responding to the Chinese reaction in view of the action by own troops including a Special Operations unit and Sikh Light Infantry troops there.

China asserts 1959 perception of LAC; India rejects

China asserts 1959 perception of LAC; India rejects

Rediff.com29 Sep 2020

The stand by China spelt out by its foreign ministry insisting that it takes the 1959 line on perception of the LAC amid a nearly five-month-long border standoff in eastern Ladakh triggered a strong reaction from India.

Post border clashes, China says troops committed to peace

Post border clashes, China says troops committed to peace

Rediff.com11 May 2020

Answering questions on the clashes near Naku La Pass in the Sikkim sector which resulted in injuries to both sides, Chinese Foreign Ministry spokesman Zhao Lijian said that the most pressing issue for the world at present is the fight against the coronavirus.

Why China's market fall is good news

Why China's market fall is good news

Rediff.com9 Jul 2015

Chinese govt has itself to blame for first trying to slow down the property market and later propping it up.

Talks 'positive, constructive': India, China armies in joint statement

Talks 'positive, constructive': India, China armies in joint statement

Rediff.com14 Oct 2020

The seventh round of military talks between India and China held on Monday was "positive and constructive", and both sides agreed to earnestly implement the understanding reached by their leaders to not turn differences into disputes, a joint statement by the two armies said on Tuesday.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

FPI investments from China likely to be capped at 5%

FPI investments from China likely to be capped at 5%

Rediff.com30 Jun 2020

Other measures being considered include relatively stringent KYC norms and a separate standard operating procedure for approval, renewal, and fresh investment from India's neighbouring countries.

Don't judge China with a fossilised mindset

Don't judge China with a fossilised mindset

Rediff.com22 Jan 2018

'There is no Buddha or Gandhi among countries, existing for the service of others; they all exist for the good of themselves.' 'For each country, its own interests should be paramount, and it is futile and churlish to expect China to be an exception to this rule,' says B S Raghavan, the distinguished civil servant and long-time China-watcher.

Can Modi Beat Rajiv Gandhi's 404 MPs Record?

Can Modi Beat Rajiv Gandhi's 404 MPs Record?

Rediff.com6 Feb 2024

Modi wants the BJP to gets an additional 10% of the vote share from what it won in 2019. Plans are afoot to get new faces to replace MPs with poor chances of winning. Sources say more than 100 MPs are like to be axed, notes Modi biographer Ramesh Menon.

No de-escalation without complete disengagement: Army Chief on China standoff

No de-escalation without complete disengagement: Army Chief on China standoff

Rediff.com28 May 2021

Gen Naravane said India is dealing with China in a "firm" and "non-escalatory" manner to ensure the sanctity of its claims in eastern Ladakh, and that it was even open to initiating confidence-building measures.

Does China have much to celebrate these days?

Does China have much to celebrate these days?

Rediff.com16 Oct 2019

'The leadership is confronted with an economy growing at its slowest pace in 20 years,' points out Claude Smadja.

Get Your Sex Education On OTT

Get Your Sex Education On OTT

Rediff.com12 Oct 2023

Quite a few Hindi films have taken up issues related with sex, and managed to shine the torch on some pertinent issues.

India: Vishwaguru Or In Amritkaal?

India: Vishwaguru Or In Amritkaal?

Rediff.com2 May 2023

Happily, it does not require the world to hold a mirror up for us. We can look at ourselves and understand easily if we choose to be honest about where we find ourselves three quarters of a century after Independence, asserts Aakar Patel.

Time for India, China to give peace a chance

Time for India, China to give peace a chance

Rediff.com24 Feb 2021

Who knows, the moment of truth in Ladakh may also augur for a giant leap toward boundary settlement with China in the fulness of time. The news that the special representatives of the two countries are planning to meet gives a positive signal, suggests Ambassador M K Bhadrakumar.

Eye On 2024: Modi's Foreign Visits

Eye On 2024: Modi's Foreign Visits

Rediff.com24 May 2023

With Lok Sabha elections months away, the visits are vital politically as these would showcase Modi's standing as a world leader to the home electorate.

India pushed for early resolution of Demchok and Depsang at Sunday's talks

India pushed for early resolution of Demchok and Depsang at Sunday's talks

Rediff.com24 Apr 2023

India and China agreed during their military talks on Sunday to stay in close touch and work out a mutually acceptable solution to the "remaining issues" in eastern Ladakh at the earliest, but there was no indication of clear forward movement in ending their three-year-long border standoff.

Is our money in the banks safe?

Is our money in the banks safe?

Rediff.com7 Nov 2019

'Clearly, the depositors of cooperative banks need the maximum protection.'

Army insists on China pulling back from all friction points in eastern Ladakh

Army insists on China pulling back from all friction points in eastern Ladakh

Rediff.com6 Nov 2020

The Indian Army on Friday strongly insisted on early disengagement of troops by China from all the friction points in eastern Ladakh at the eighth round of corps commander-level talks between the two sides that primarily focused on a roadmap for restoration of peace and tranquillity in the region, according to people familiar with the developments.