News for 'People's Bank of China'

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.

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".

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.'

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.

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

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.

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).

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, 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.

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.

Beware of Chinese Bearing Gifts

Beware of Chinese Bearing Gifts

Rediff.com10 Jan 2022

Chinese Foreign Minister Wang Yi on Sunday met Sri Lanka's top leadership and discussed a host of issues, including the debt crisis faced by the island nation, investments, promoting tourism and the fight against the COVID-19 pandemic as the two countries marked the 65th anniversary of diplomatic ties.

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".

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.

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.

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 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.

'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.'

'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.'

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.

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.

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.

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.

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.

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.

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.

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.

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.

'HDFC merger template for faster growth'

'HDFC merger template for faster growth'

Rediff.com20 Jul 2023

'If we want faster growth and want greater flow of credit towards the private sector, it's important to have many more of such large entities.'

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.

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.

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: 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.'

'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.

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.

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.

Delhi Police gave us no FIR, neither reveal offences: NewsClick

Delhi Police gave us no FIR, neither reveal offences: NewsClick

Rediff.com4 Oct 2023

"What we have been able to gather is that Newsclick stands accused of offences under the Unlawful Activities Prevention Act (UAPA), for purportedly carrying Chinese propaganda on its website. All devices, laptops, gadgets, phones, etc have been seized in the past. All emails and communications have been analysed under the microscope," the statement by NewsClick read.

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.

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.

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.