News for 'People's Bank of China'

Day after skirmishes, army officers of India, China meet in Leh

Day after skirmishes, army officers of India, China meet in Leh

Rediff.com16 Aug 2017

Official sources said Tuesday's incident at Pangong and ways to maintain peace and tranquility along the Sino-India border in Ladakh were discussed at length at the border personnel meeting.

Gandhi family, its NGOs not above law: BJP on FCRA licence cancellation

Gandhi family, its NGOs not above law: BJP on FCRA licence cancellation

Rediff.com23 Oct 2022

BJP spokesperson Sambit Patra claimed that the home ministry's decision to cancel the FCRA licences of the Rajiv Gandhi Foundation and the Rajiv Gandhi Charitable Trust for alleged violation of laws has "exposed" their corruption.

Regulatory changes may usher new dawn for insurers

Regulatory changes may usher new dawn for insurers

Rediff.com24 Dec 2022

The regulatory changes brought in by the insurance regulator and the amendments proposed to the Insurance Act by the Centre may herald a new dawn for the sector in India. This may result in insurers bringing out more consumer-led products, top honchos of general insurance companies of the country concurred at the Business Standard BFSI Insight Summit 2022.

Economies could shrink by mid-century due to scarce water: World Bank

Economies could shrink by mid-century due to scarce water: World Bank

Rediff.com4 May 2016

Global warming can cause extreme floods and droughts and can mean snowfall is replaced by rain, with higher evaporation rates.

China's strategic push in the Middle East

China's strategic push in the Middle East

Rediff.com19 Jan 2016

Why is Xi Jinping visiting Saudi Arabia, Egypt and China this week? Former RA&W officer Jayadeva Ranade explains the significance of China's outreach to the Middle East.

China deployed J-20 fighters near LAC days before incursion bid

China deployed J-20 fighters near LAC days before incursion bid

Rediff.com31 Aug 2020

The deployment of strategic bomber aircraft is also still on by the Chinese

China pledges $124bn for Silk Road, terms it 'project of the century'

China pledges $124bn for Silk Road, terms it 'project of the century'

Rediff.com14 May 2017

China will also set up 50 joint laboratories with countries participating in the Belt and Road initiative to enhance cooperation on innovation.

Most influential people in the world of business

Most influential people in the world of business

Rediff.com17 Apr 2015

Chanda Kochhar is among the three Indians in Time's Most Influential list.

GM, Ford switch off India ops but unable to exit

GM, Ford switch off India ops but unable to exit

Rediff.com25 Jan 2023

Both are finding it difficult to sell one each of their plants -- Chennai Maraimalai Nagar (Ford) and Talegaon near Pune (GM) -- and are finding the road blocked by employee severance snarl-ups, report Sohini Das and Shine Jacob.

Cash crunch fears hit China stocks, yen at five-year low vs dollar

Cash crunch fears hit China stocks, yen at five-year low vs dollar

Rediff.com20 Dec 2013

China's CSI300 stock index shed 1.1 per cent, hitting a five-week low, while shares of Hong Kong-listed Chinese companies sagged 0.9 per cent.

US allows India, China, 6 others to buy Iranian oil

US allows India, China, 6 others to buy Iranian oil

Rediff.com5 Nov 2018

Italy, Greece, South Korea, Taiwan and Turkey also figure in the list released by Pompeo, who said over 20 countries have cut their oil imports from Iran, reducing purchases by more than one million barrels per day.

Difficult for India to reach $5 trn GDP a year ahead of IMF's FY27 projection

Difficult for India to reach $5 trn GDP a year ahead of IMF's FY27 projection

Rediff.com16 Mar 2023

It would be a difficult task for the Indian economy to reach the $5-trillion mark a year before the International Monetary Fund (IMF) projection of 2026-27. Pankaj Chaudhary, minister of state for finance, said in the Rajya Sabha on Tuesday that the government is taking steps to make the country a $5-trillion economy at a date earlier than the IMF's projection. In that context, it would not be difficult to meet the projection in the third quarter of FY27.

Sino-India talks must continue to resolve issues: Beijing

Sino-India talks must continue to resolve issues: Beijing

Rediff.com14 Feb 2022

"On the border issue, China always maintains that we should follow through on treaties and agreements we signed and we jointly uphold peace and tranquility at the border region," Foreign Ministry spokesman Wang Wenbin said while responding to Jaishankar's remarks.

Modi 2.0: Setbacks And Failures

Modi 2.0: Setbacks And Failures

Rediff.com30 Mar 2023

Overall, the record of the second term reveals a contradiction between the image and the reality. The image, especially on media and social media, is one of the man at the height of his power, and unstoppable. The reality on governance is someone who has found it difficult to get things implemented and unsure of what to do next, points out Aakar Patel.

China's Belt and Road Initiative: What are India's options?

China's Belt and Road Initiative: What are India's options?

Rediff.com17 May 2017

'Whichever option India chooses, it should be clear to the government that the China-Pakistan nexus poses a clear and present danger to national security,' says Brigadier Gurmeet Kanwal (retd).

Ambani among those setting up family business offices in Singapore

Ambani among those setting up family business offices in Singapore

Rediff.com7 Feb 2023

Ambani is in good company. The likes of ultra-rich individuals like hedge fund billionaire Ray Dalio and co-founder of Google Sergey Brin have chosen Singapore to establish their family offices. So have British inventor James Dyson, famous for his bladeless fans and hair dryers and vacuum cleaners, and Zhang Yong, founder of China's Haidilao hotpot restaurant chain, reports Lee Kah Whye.

'India's insurance density is one-tenth of China's'

'India's insurance density is one-tenth of China's'

Rediff.com20 Sep 2017

Bhargav Dasgupta, managing director and chief executive officer of ICICI Lombard, tells Subrata Panda, in an interview that the company has adequate capital for now and does not see a need for fresh infusion through markets over the next few years.

'India, China need breakthrough in economic, border issues'

'India, China need breakthrough in economic, border issues'

Rediff.com17 Sep 2014

'India and China have to make concrete progress with regard to the border issue, addressing the trade deficit, and facilitating people-to-people interactions. This has to happen in the next two, three years.' China expert Tansen Sen tells Sheela Bhatt/Rediff.com how India and China can take their relations to the next level.

Death toll in China ship disaster rises to nearly 400

Death toll in China ship disaster rises to nearly 400

Rediff.com6 Jun 2015

The death toll in the Chinese cruise ship that capsized in the mighty Yangtze river on Saturday jumped to nearly 400 as hundreds more bodies were found by disaster teams, making it China's deadliest boat disaster in 70 years.

President Pranab lists 8 steps to resolve India, China issues

President Pranab lists 8 steps to resolve India, China issues

Rediff.com26 May 2016

Outlining eight "pillars" for the future of India-China relations, President Pranab Mukherjee on Wednesday underlined the need for comprehensively resolving challenges including the boundary question through "political acumen" and "civilisational wisdom".

Pangong bridge area under illegal Chinese occupation: MEA

Pangong bridge area under illegal Chinese occupation: MEA

Rediff.com6 Jan 2022

"As regards reports about a bridge being made by the Chinese side on Pangong Lake, the government has been monitoring this activity closely," External Affairs Ministry Spokesperson Arindam Bagchi said.

The people are silent

The people are silent

Rediff.com27 Jul 2015

We're behaving like frogs in warm water. We swim around untroubled, cooled by our faith in Indian liberal democracy. We are blind to the bubbles popping around us, the bubbles warning of fundamental changes, says Mihir S Sharma.

China's $20 bn investment to transform India?

China's $20 bn investment to transform India?

Rediff.com3 Oct 2014

The prejudices the Chinese carry with them mean they are not natural global managers.

Missile show of strength marks China's coming out party

Missile show of strength marks China's coming out party

Rediff.com11 Sep 2015

'Extending the range of the DF-21D could challenge Indian aircraft carriers if the missiles are launched from southwest China. Also, if Pakistan acquires these systems, these missiles could directly challenge India's aircraft carriers.'

BRICS Summit: Opportunities for India, Russia and China

BRICS Summit: Opportunities for India, Russia and China

Rediff.com30 Jun 2015

Srikanth Kondapalli on what to expect from the seventh BRICS summit meeting to be held in Russia in July.

9 Crypto Exchanges Under ED Gaze

9 Crypto Exchanges Under ED Gaze

Rediff.com22 Aug 2022

About 300 fintech firms are under investigation by the ED for allegedly partnering 38 non-banking financial companies for predatory lending practices to charge borrowers high interest rates.

Gold remains safest bet, no end to rally in sight

Gold remains safest bet, no end to rally in sight

Rediff.com7 Sep 2012

The yellow metal has risen 6.6 per cent since mid-August

India eyes alternative markets for tea export

India eyes alternative markets for tea export

Rediff.com19 Mar 2022

India is looking to develop alternative export markets for tea such as Iraq, Saudi Arabia, the US, Japan and Tunisia in view of the Russian invasion of Ukraine, people aware of the matter said. Meetings are being held with buyers in some of these countries in virtual mode, with the help of diplomatic missions located there. Similar meetings for the remaining countries have also been planned.

'China's pain to be India's gain'

'China's pain to be India's gain'

Rediff.com2 Nov 2015

slowdown fears are looming large in China.

World Bank on what India needs to do to keep remittances steady

World Bank on what India needs to do to keep remittances steady

Rediff.com8 Jan 2015

The World Bank in its report said the relative importance of remittances as a source of external resources is expected to increase further.

'PLA is into 'salami slicing' of Indian territory'

'PLA is into 'salami slicing' of Indian territory'

Rediff.com13 Jul 2022

'This reluctance to respond forcefully to Chinese PLA provocations and outright aggression has as much to do with Prime Minister Modi personally, as with the institutional mindset of the MEA or even the Indian Army.' 'They are scarred by the 1962 War and are still cowed by China.'

The Village of Heroes

The Village of Heroes

Rediff.com7 Jul 2023

The village in Maharashtra has continuously sent soldiers to the Army since World War I. Every other person you meet is a soldier or a retired soldier or is aspiring to be a soldier.

BRICS bank: A giant step towards reforming the world system

BRICS bank: A giant step towards reforming the world system

Rediff.com18 Jul 2014

The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.

India to grow faster than China

India to grow faster than China

Rediff.com14 Jan 2016

Whereas the headline growth rate appears very respectable, India needs faster to growth to generate jobs.

Terrorism alive in J-K, can be finished only by...: Farooq Abdullah

Terrorism alive in J-K, can be finished only by...: Farooq Abdullah

Rediff.com20 Jan 2023

Abdullah said both Kashmiri Pandits and Muslims suffered and even his workers and ministers were killed in large numbers since the eruption of terrorism.

93% CEOS Plan To Hire More Employees

93% CEOS Plan To Hire More Employees

Rediff.com12 Apr 2023

Many CEOs said they plan to give special leave to women employees so as to encourage their participation in the workforce.

ADB scales down India's economic growth forecast to 10%

ADB scales down India's economic growth forecast to 10%

Rediff.com22 Sep 2021

The Asian Development Bank on Wednesday revised down India's economic growth forecast for the current fiscal to 10 per cent, from 11 per cent predicted earlier, citing the adverse impact of the second wave of the pandemic. The growth forecast for India in fiscal year 2021 (ending in March 2022) was revised down, as the spike in COVID-19 cases during May dented the recovery, the Asian Development Bank (ADB) said in its latest economic outlook. "The outbreak, however, dissipated faster than anticipated, resulting in several states easing lockdown measures and returning to more normal travel patterns.

Rahul thanks govt for changing FDI norms after his warning

Rahul thanks govt for changing FDI norms after his warning

Rediff.com18 Apr 2020

Gandhi had, on April 12, flagged the issue of alleged takeover of some Indian companies after those became vulnerable in the wake of the economic slowdown.

'Congrats Param, you just made sanitation sexy'

'Congrats Param, you just made sanitation sexy'

Rediff.com27 Jun 2022

No prizes for guessing what the BJP's election campaign is going to be, and who will provide important inputs for it.

Chinese, Indian troops start 'synchronised' disengagement in Ladakh

Chinese, Indian troops start 'synchronised' disengagement in Ladakh

Rediff.com10 Feb 2021

There was no comment from the Indian side on the statement made by the Chinese defence ministry spokesperson Colonel Wu Qian, and carried by China's official media.