News for 'People's Bank of China'

Is India Distancing Itself From Israel?

Is India Distancing Itself From Israel?

Rediff.com27 Dec 2023

India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.

Army has occupied 6 new major heights on LAC with China

Army has occupied 6 new major heights on LAC with China

Rediff.com20 Sep 2020

After the occupation of heights by the Indian Army, the Chinese army has deployed around 3,000 additional troops of its combined arms brigade including its infantry and armoured troops near the Rezang la and Rechen La heights.

China has not 'CAPTURED' any Indian territory!

China has not 'CAPTURED' any Indian territory!

Rediff.com15 Jun 2020

The Chinese have only created limited defences for protection of their posts which are located well in depth and much away from the Line of Actual Control, notes Colonel S Dinny (retd).

Days after clash, China releases 10 Indian soldiers

Days after clash, China releases 10 Indian soldiers

Rediff.com19 Jun 2020

The last time the Chinese military had taken Indian soldiers captive was in July 1962 after a clash in Galwan Valley.

China further devalues currency, sparks fears of currency war

China further devalues currency, sparks fears of currency war

Rediff.com12 Aug 2015

Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.

Modi does not want war with China

Modi does not want war with China

Rediff.com27 Jul 2020

'China has forcibly occupied territory it had never occupied before, blocked Indian patrols' access to areas they had patrolled for decades and, most provocatively, killed 20 Indian soldiers.' 'Most countries would regard these as acts of war.' 'New Delhi has apparently taken off the table the option of evicting the PLA with force,' observes Ajai Shukla.

'We have not witnessed such decline in 7 decades'

'We have not witnessed such decline in 7 decades'

Rediff.com16 Feb 2023

'After 2011-2012, both our investment rate and savings savings rate have declined. 'Correspondingly, the savings rate in the economy as percentage of GDP, also has come down.'

China's 2015 GDP growth slowest in 25 years

China's 2015 GDP growth slowest in 25 years

Rediff.com19 Jan 2016

Some analysts argue that Beijing has been too cautious in lowering rates and freeing up cash in the banking system, keeping real interest rates too high given low returns on investment.

No flood threat to Arunachal, Assam now: China

No flood threat to Arunachal, Assam now: China

Rediff.com22 Oct 2018

China also said it will continue to share the flood data with India.

President Pranab wraps up China visit

President Pranab wraps up China visit

Rediff.com27 May 2016

President Pranab's four-day visit to China that saw him meeting the top Chinese leadership and discussing the sticky boundary issue and cooperation in combating terrorism besides the need for a predictable nuclear regime.

'Which country is now standing tall in BRICS? It's India'

'Which country is now standing tall in BRICS? It's India'

Rediff.com23 Aug 2023

'India has the potential to do a lot more to take advantage of the time today where we stand to gain, geopolitically and in terms of market attractiveness.'

Will Modi go to war with China?

Will Modi go to war with China?

Rediff.com20 Jul 2020

'By not even acknowledging China's occupation of Indian territory Modi signalled to Beijing that he was not prepared to used forceful means to vacate the Chinese occupation, and that his government was reconciled to this loss of territory and accepted the fait accompli engineered by the PLA.'

LAC standoff: India, China hold 'productive' talks

LAC standoff: India, China hold 'productive' talks

Rediff.com10 Jun 2020

The talks came a day after the two armies began a limited disengagement in a few areas in Galwan Valley and Hot Spring in a demonstration of their intent to end the row peacefully.

Time Has Come For Women's Reservation Bill

Time Has Come For Women's Reservation Bill

Rediff.com18 Sep 2023

Women politicians bring to politics and policy a sensitivity that most of their male counterparts, at least until a generation back, lacked.

Prez Murmu hosts gala dinner for G20 leaders

Prez Murmu hosts gala dinner for G20 leaders

Rediff.com9 Sep 2023

They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.

IMF cuts India's growth forecast to 6.8% in 2022

IMF cuts India's growth forecast to 6.8% in 2022

Rediff.com11 Oct 2022

The International Monetary Fund (IMF) on Tuesday cut its projection of India's economic growth in 2022 to 6.8 per cent, as it joins other global agencies that have trimmed forecasts. The IMF had in July projected a gross domestic product (GDP) growth of 7.4 per cent for India in the fiscal year that started in April 2022. Even that forecast was lower than 8.2 per cent projected in January this year. India had grown at 8.7 per cent in 2021-22 fiscal (April 2021 to March 2022).

'Our most important client is India'

'Our most important client is India'

Rediff.com19 Jul 2022

'We actually have a problem because there may be too much activity in India.' 'Markets don't like too much concentration. But we are very happy with our collaborations in India.'

WORRYING! China increases troops by 30% along LAC

WORRYING! China increases troops by 30% along LAC

Rediff.com24 Jun 2020

Since the June 15 clash, the PLA has inducted large numbers of troops, armoured vehicles and artillery along the LAC, from Depsang and Galwan in northern Ladakh to Hot Springs, Pangong Tso, and Chushul in central Ladakh, to Demchok and Chumar in southern Ladakh.

China's economy will not suffer a hard landing: Li

China's economy will not suffer a hard landing: Li

Rediff.com16 Mar 2016

'China is in a good position to defuse financial risks.'

Number of poor in China? A whopping 36 million!

Number of poor in China? A whopping 36 million!

Rediff.com27 May 2015

China continued to have pockets of poverty despite massive development.

'Common Man Is Abusing The Budget'

'Common Man Is Abusing The Budget'

Rediff.com20 Feb 2023

'We had tremendous faith in honorable Modiji in his second term as he was well-settled. Sadly that has been belied.'

'I don't want to think of challenges, but tasks before us'

'I don't want to think of challenges, but tasks before us'

Rediff.com2 May 2023

'Every time a new tech comes in, there are a set of people who will predict that this will be the end of Indian IT and every time the Indian IT industry and overall technology providers have proven to be resilient.'

India keeping an eye on drill by China near Ladakh: Gen Naravane

India keeping an eye on drill by China near Ladakh: Gen Naravane

Rediff.com20 May 2021

"We have seen movements in training areas. It is an annual exercise. They come for training. We also go to training areas. We have been keeping a constant eye on it. We have forces along the LAC and they are adequate to deal with any action or activity," Gen Naravane told India Today channel.

Can China shake fundamentals of the global markets?

Can China shake fundamentals of the global markets?

Rediff.com12 Sep 2015

China's domestic debt is a major concern.

Unaware of scuffle between PLA, Indian troops in Ladakh, says China

Unaware of scuffle between PLA, Indian troops in Ladakh, says China

Rediff.com16 Aug 2017

Special Representatives of China and India have held 19 rounds of talks to resolve the boundary issue.

China's super rich grows record high

China's super rich grows record high

Rediff.com6 Apr 2015

The total assets of the superrich soared to 31 trillion yuan.

China has captured 60 sq km of Indian land!

China has captured 60 sq km of Indian land!

Rediff.com8 Jun 2020

Within the army, there is growing concern that New Delhi will allow the Chinese to retain the territory they have occupied in the last month.

Kharge extends hand to parties to defeat BJP, says ready for sacrifices

Kharge extends hand to parties to defeat BJP, says ready for sacrifices

Rediff.com25 Feb 2023

In the prevailing difficult circumstances, the Congress is the only party that can provide capable and decisive leadership to the country, Kharge asserted.

Paytm founder among Time's most influential people

Paytm founder among Time's most influential people

Rediff.com20 Apr 2017

As Indians scrambled to exchange the banned notes for new currency, Paytm, Sharma's digital payments startup, went on a promotional spree, inviting Indians to start using Paytm's digital wallet to pay for everyday goods and services.

LAC standoff: India, China hold talks, to meet again next week

LAC standoff: India, China hold talks, to meet again next week

Rediff.com12 Sep 2020

Sources said India will not lower its guard and will maintain the current state of very high-level of combat readiness in eastern Ladakh till there are visible changes in the ground situation.

Formalise the India-China border

Formalise the India-China border

Rediff.com29 Aug 2017

Until Delhi and Beijing resolve outstanding border issues within an accelerated time frame, standoffs like Doklam will be repeated across various peaks along the Himalayas, says Mathew Maavak.

India will touch peak population of 1.69 bn in 2063

India will touch peak population of 1.69 bn in 2063

Rediff.com18 Nov 2022

Indian cities need $840 bn investment over 15 yrs, says World Bank report.

'We are not going back to licence raj'

'We are not going back to licence raj'

Rediff.com18 Sep 2023

'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'

Sri Lanka pitches for Saarc Bank

Sri Lanka pitches for Saarc Bank

Rediff.com6 Nov 2014

Extending its support to Saarc Bank, Sri Lanka on Thursday said the proposed financial institution will help in alleviating poverty in the South Asian region.

China should be seen as inspiration, not competition: Rajan

China should be seen as inspiration, not competition: Rajan

Rediff.com23 Jun 2016

'I often see people try to put down China.'

Are farmers in India and China losing the plot?

Are farmers in India and China losing the plot?

Rediff.com8 May 2019

Lack of literacy is compromising the ability of farmers in India and China, two of the world's most populous countries with the smallest farm size, to raise productivity without losing soil fertility, says Kunal Bose.

India's economy to shrink by 3.2% in FY21: World Bank

India's economy to shrink by 3.2% in FY21: World Bank

Rediff.com8 Jun 2020

However, the Indian economy is expected to bounce back in 2021, the World Bank said.

REVEALED: What China is up to in Ladakh

REVEALED: What China is up to in Ladakh

Rediff.com26 Jun 2020

With the Indian Army having blocked the PLA several kilometres inside India, hundreds of soldiers from both sides remain in a tense face-off.

Explained: What the RBI is telling banks

Explained: What the RBI is telling banks

Rediff.com25 May 2020

'Credit expansion is probably the quickest way to get the economy going again.' 'Easy credit is like a shot of nitro in a race car: In timely, small, quick, doses it can give a tremendous boost but carried to extreme it can destroy the engine,' points out S Muralidharan, former managing director, BNP Paribas.

China Q2 GDP growth seen cooling to 7-year low, more stimulus expected

China Q2 GDP growth seen cooling to 7-year low, more stimulus expected

Rediff.com15 Jul 2016

Shocks from Brexit could also hurt one of China's biggest export markets.