News for 'People's Bank of China'

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.

BRICS to admit 6 new countries from Jan 1, 2024

BRICS to admit 6 new countries from Jan 1, 2024

Rediff.com24 Aug 2023

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have been invited to join the grouping.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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).

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.

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.

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.

'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.'

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.

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.

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.

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.

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.

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.'

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.