The rupee had depreciated by 39 paise, logging its biggest daily loss in nearly two months, to end at 61.34 on Thursday on fears of capital outflows from emerging markets after Federal Reserve signalled a sooner-than-expected hike in US benchmark interest rates.
Even as both India and the world struggle to re-build after COVID-19, they face slow-burn problems that could develop into full-blown crises, observes T N Ninan.
China has about 200 million XP users, 70 per cent of the entire PC market.
Rupee will weaken against the dollar in next 12 months, says Reuters poll.
A surprise revaluation of the Chinese yuan on Thursday sent the rupee spiralling to a closing peak of Rs 43.20/25 per dollar
Instead let it float in a tight band against a basket of unspecified foreign currencies.
The flawed Indian policy toward Afghanistan is missing the woods for the trees. The Modi government doesn't have a 'big picture', observes Ambassador M K Bhadrakumar, who played a stellar role in beginning India's systemic dealings in Afghanistan in 1994.
The education minister has ordered varsities to ban western textbooks
Police in Guiyang, capital of southwest China's Guizhou Province, arrested Song Chenglin from northeast China's Harbin city.
Chinese mobile phone users sent a whopping 217.76 billion SMS messages in 2004, up 58.8 per cent from the previous year, the government said.
An agreement was reached in Islamabad during a meeting between Pakistan Finance Minister Ishaq Dar and Xu Ziqin, President of state-owned China Shipbuilding & Offshore International Company Limited -- the trade arm of China Shipbuilding Industry Corporation.
Hours before the arrival of Defence Minister A K Antony in Beijing for high-level talks, a hawkish Chinese General on Thursday warned India against provoking "new trouble" by increasing its military deployment at the border.
Wang Huaizhong was found guilty of taking more than five million Yuan (US$600,000) in bribes and possessing 4.8 million Yuan that he could not account for.
Rupee ends at 61.89 against the dollar, falls for second straight day.
... do they work like the Apple flagship?
The rupee's gains came even as most emerging Asian currencies eased as the yuan fell beyond 6.20 to the dollar for the first time since April last year amid market speculation that the central bank will keep the currency weak as economic growth slows.
Chinese President Xi Jinping struck a 'common' chord when he unexpectedly dropped in at a traditional bun shop in Beijing.
China is offering low-priced tickets to watch Michael Schumacher and other participants in the country's first-ever Formula One race.
Answer this fun quiz to test your finance gyaan.
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.
Dismissing provocative comments made by a 'Major General' of the Chinese Peoples Liberation Army who sparked a controversy ahead of Defence Minister A K Antony's visit, officials in Beijing on Saturday said that the officer was superannuated and retired from political and military posts a while ago.
Technology major Apple Inc has been fined $165,908 by a court in Beijing for allegedly selling unlicensed electronic versions of books online.
Billionaire industrialist Anil Ambani on Monday said business leaders from India and China should enhance Rupee-RMB-Dollar trade for furthering co-operation between the two nations.
Terming Prime Minister Narendra Modi's demonetisation move as "very bold", China's official media on Saturday said it was a "gamble" that would create a precedent irrespective of whether it succeeds or fails and China will draw lessons from its impact on corruption.
Reigning junior world champion Nikhat Zareen (54kg) settled for a silver medal after her winning run was finally halted at the AIBA Women's Youth World Boxing Championships in Albena, Bulgaria on Sunday.
A resolute Vikas Krishan (69kg) and Simranjit Kaur (60kg) advanced to the finals with impressive victories but the legendary M C Mary Kom (51kg) and world number one Amit Panghal (52kg) settled for bronze medals at the Asian/Oceanian Olympic Qualifiers, in Amman, on Tuesday. Also ending with bronze medals were Lovlina Borgohain (69kg) and Pooja Rani (75kg). All the six boxers have already secured their tickets to the Olympic Games by making the semi-finals but Krishan and Kaur will come back with at least silver medals after entering the finals.
China is one of the biggest markets for JLR. The sales reached 53,000 units in the first nine months of the year, up 80 per cent from a year earlier
The firms confessed that they held 53 meetings between 2001 and 2006 to fix the prices of flat panels.
China will develop Tibet's picturesque Nyingchi prefecture, located close to Arunachal Pradesh border, into a major tourist hub with an investment of $63.5 million which included construction of 22 "well-off model villages".
The fact that the US recovery needs an elaborate defence suggests that things are far from certain.
The hike in the budget is the lowest increment in recent years apparently due to the heavy disruption caused to its economy by the COVID-19, according to the official media.
Cautious optimism over US-China trade talks after US President Trump said his trade negotiators had received two "very good calls" from Beijing also influenced the local currency, dealers said.
The Chinese have built submarines, planes from recycled materials and helicopters with wooden blades.
In October-December, demand in India dips 42% to 173 tonnes; China consumes 190.6 tonnes
Despite the rupee losing value against the dollar, Indian exports fell in April-November by nearly 6 per cent. China, on the other hand, managed to retain export competitiveness and registered a 7 per cent growth in exports during the same period, despite the yuan rising against the dollar.
The hike in the defence spending was announced as the Chinese legislature, the National People's Congress opened its annual session, which this year also marks the once-in-a-decade power transfer.
Over 23 million people were brought above the poverty line in China last year as about 100 million people from rural areas moved to cities for work.
The Prime Minister's Office has refused to give information on the expenses incurred on Prime Minister Narendra Modi's recent visit to Singapore saying it is too "vague" and "wide".
