News for 'People's Bank of China'

Indian diaspora celebrates 76th Republic Day with enthusiasm

Indian diaspora celebrates 76th Republic Day with enthusiasm

Rediff.com26 Jan 2025

Leaders from around the world extended their greetings to India on its 76th Republic Day, emphasizing the importance of bilateral relations and expressing hope for a stronger future. The Indian diaspora across the globe celebrated the occasion with enthusiasm at Indian missions abroad, where the national tri-colour was unfurled, accompanied by cultural performances and patriotic fervour. The celebrations highlighted the strong bonds of friendship and cooperation between India and its global partners.

'Budget Is Good From Inflation Perspective'

'Budget Is Good From Inflation Perspective'

Rediff.com11 Feb 2025

'The finance minister has done as much as she can when you look into the fiscal constraints she had.'

UK's richest 10% took half of wealth from India during colonialism

UK's richest 10% took half of wealth from India during colonialism

Rediff.com20 Jan 2025

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.

No dispute with neighbours, but shared future with BRI, says China

No dispute with neighbours, but shared future with BRI, says China

Rediff.com4 Mar 2024

Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.

Govt warns against new scam targeting potential investors

Govt warns against new scam targeting potential investors

Rediff.com2 Jan 2025

A new cyber fraud known as 'pig butchering scam' or 'investment scam' has emerged, targeting unemployed youths, housewives, students, and needy people who are made to lose large sums of money daily, according to the latest annual report of the Union home ministry.

Trump's Disruptions: Blessing In Disguise

Trump's Disruptions: Blessing In Disguise

Rediff.com13 Feb 2025

We must bring a laser focus on our own interests, and define our friends and foes more clearly instead of trying to live by somebody else's rules. We must grow up, think for ourselves, think India First, asserts R Jagannathan.

'India's Growth Is In Serious Trouble'

'India's Growth Is In Serious Trouble'

Rediff.com13 Feb 2025

'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'

'Now China Is Afraid'

'Now China Is Afraid'

Rediff.com4 May 2024

'Ladakh will be dealt with in Modi's third term.'

'We Expect 1 Million Start Ups By 2035'

'We Expect 1 Million Start Ups By 2035'

Rediff.com13 Mar 2025

'Binary fission will happen -- startups will lead to more startups.'

How Much Should You Invest In Gold

How Much Should You Invest In Gold

Rediff.com30 Sep 2024

'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

Rediff.com13 Sep 2024

The US unit of PwC will lay off about 1,800 workers, marking its first formal job cuts since 2009 as the company seeks to restructure its technology group. This comes amid a slowdown in demand for some of its advisory business, according to a Wall Street Journal report. Half of the anticipated layoffs will target offshore positions, impacting a wide range of employees from associates to managing directors.

No headway as India, China hold another round of talks

No headway as India, China hold another round of talks

Rediff.com21 Feb 2024

The MEA said the two sides shared their perspectives on the matter in the talks held in a friendly and cordial atmosphere.

China's Military Upgrade A Cause Of Concern

China's Military Upgrade A Cause Of Concern

Rediff.com28 Mar 2023

The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.

Modi-Xi 'Agreement': The Nation Needs To Know!

Modi-Xi 'Agreement': The Nation Needs To Know!

Rediff.com28 Oct 2024

China does not have to give up what it took in 2020, it will never give up its claim to Arunachal Pradesh, Ladakh and other areas, and it has all the time now to plan its next surprise, points out Lieutenant General Prakash Katoch (retd).

Marco And Mike Are Good News For India

Marco And Mike Are Good News For India

Rediff.com13 Nov 2024

'Communist China continues to aggressively expand its domain in the Indo-Pacific region.' 'It's crucial for the USA to continue its support in countering these malicious tactics.' 'India, along with other nations in the region, is not alone.'

Ladakh Disengagement: What's The Reality?

Ladakh Disengagement: What's The Reality?

Rediff.com11 Nov 2024

The government needs to answer the critical question of whether it has accepted any restrictions on its infrastructure creation activities, asserts Ajai Shukla.

Chinese bank invests Rs 15 cr in ICICI Bank via QIP

Chinese bank invests Rs 15 cr in ICICI Bank via QIP

Rediff.com18 Aug 2020

The People's Bank of China has picked up a 0.006 per cent stake in ICICI Bank by investing Rs 15 crore in the private sector lender's Rs 15,000 crore qualified institutional placement (QIP) exercise which concluded last week.

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

Credit card debt: China's apex bank warns of risks

Credit card debt: China's apex bank warns of risks

Rediff.com25 Nov 2010

Credit cards debt 180 days past the due repayment date stood at 7.92 billion yuan ($1.19 billion) by the end of the third quarter, up 8.5 per cent from the second quarter, the People's Bank of China said.

'AI Might Enslave Or Annihilate Us'

'AI Might Enslave Or Annihilate Us'

Rediff.com10 Dec 2024

'It is the first technology in history which is not just a tool, it is an agent.' Yuval Noah Harari on the dangers on AI.

BRICS Expansion: Boost For China

BRICS Expansion: Boost For China

Rediff.com28 Aug 2023

This could become tricky territory for India, given its basically adversarial relationship with China, its moves to block imports and investment from that country, and to deny market access for Chinese technologies, observes T N Ninan.

Can India, China Embrace Each Other On Economic Front?

Can India, China Embrace Each Other On Economic Front?

Rediff.com12 Oct 2023

An improvement in political relations, anchored in a restoration of peace and tranquillity at the border, could open up opportunities for expanded economic and commercial relations between them, suggests former foreign secretary Ambassador Shyam Saran.

China approves 3-child policy with sops

China approves 3-child policy with sops

Rediff.com20 Aug 2021

The decision to permit the third child came after this month's once-in-a-decade census showed that China's population grew at the slowest pace to 1.412 billion amid official projections that the decline may begin as early as next year.

'You Can't Expect To Get Hot Potatoes From Colleges'

'You Can't Expect To Get Hot Potatoes From Colleges'

Rediff.com12 Nov 2024

'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'

Why India Will Like Shigeru Ishiba

Why India Will Like Shigeru Ishiba

Rediff.com4 Oct 2024

Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.

India, China agree to maintain military, diplomatic channel talks

India, China agree to maintain military, diplomatic channel talks

Rediff.com13 Oct 2023

The ministry of external affairs on Wednesday said the talks were held in an "open and constructive manner" for an early and mutually acceptable resolution of the remaining issues.

'Markets Not In Panic Yet, But...'

'Markets Not In Panic Yet, But...'

Rediff.com7 Oct 2024

'If you see another 1000-point correction, people may start panicking.'

'AI Has Pushed India 5 To 7 Years Behind!'

'AI Has Pushed India 5 To 7 Years Behind!'

Rediff.com19 Sep 2024

'Unfortunately, most of our students use AI to replace knowledge when they should be using the AI tools to enhance their knowledge.' 'I am sorry to say, even those students who have opted to study AI have no idea what AI is.'

China Will Never Get Ladakh!

China Will Never Get Ladakh!

Rediff.com31 Oct 2023

'It is flabbergasting to think that this heavenly region has, for decades, been coveted by India's aggressive neighbours,' says Claude Arpi after a recent visit to Ladakh. 'Wanting to use the newly created infrastructure to defend the borders after the clash of 2020 with China and the resulting standoffs, the home ministry is keen to boost border tourism to show that these areas are controlled by India.'

'In Equity Markets, One Has To Be Patient'

'In Equity Markets, One Has To Be Patient'

Rediff.com12 Nov 2024

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'

'We cannot allow China to swallow our territory'

'We cannot allow China to swallow our territory'

Rediff.com16 Jun 2023

'We have to be prepared on the borders to withstand Chinese expansionist designs.'

India pushes China for early disengagement in Demchok, Despsang Plains

India pushes China for early disengagement in Demchok, Despsang Plains

Rediff.com14 Aug 2023

India on Monday pressed for early disengagement of troops in remaining friction points in eastern Ladakh during a fresh round of high-level military talks with China, people familiar with the matter said.

'RBI In No Hurry To Do Big Rate Cuts'

'RBI In No Hurry To Do Big Rate Cuts'

Rediff.com30 Sep 2024

'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

China allows couples to have 3 children amid ageing population

China allows couples to have 3 children amid ageing population

Rediff.com31 May 2021

Despite the relaxation of the one-child policy in 2016, the number of live births per 1,000 people fell to a record low of 10.48 in 2019, down from 10.94 in 2018.

India to press for early disengagement in talks with China

India to press for early disengagement in talks with China

Rediff.com12 Aug 2023

India is set to press for early disengagement of troops from the remaining friction points in eastern Ladakh at a fresh round of high-level military talks with China on August 14, people familiar with the matter said on Saturday.

India, Canada expel diplomats amid deepening rift

India, Canada expel diplomats amid deepening rift

Rediff.com15 Oct 2024

India on Monday expelled six Canadian diplomats and announced withdrawing its high commissioner and other 'targeted' officials from Canada after strongly dismissing Ottawa's allegations linking the envoy to a probe into the killing of Sikh extremist Hardeep Singh Nijjar, in a major downturn in already frosty ties between the two nations.

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

TN govt powers Foxconn residence for 18K women

TN govt powers Foxconn residence for 18K women

Rediff.com16 Aug 2024

The Tamil Nadu government is set to unveil a housing initiative for 18,720 women employed by Taiwanese tech giant Foxconn, a key supplier to iPhone-maker Apple, this Saturday. The project, located at Vallam Vadagal near Chennai, marks the first time an Indian state government has constructed a hostel of this scale for a private firm - a model that's been successful in China and Vietnam.

Oh, Kolkata!

Oh, Kolkata!

Rediff.com7 Oct 2024

5 Must Do Things in Kolkata.