All of Tang's personal property will be confiscated and his illegal gains from bribery recovered and turned over to the national treasury, the court said.
If Xi Jinping is dethroned in the future, the instrument for that may well be embedded within the PLA, notes former foreign secretary Shyam Saran.
World Junior C'ships: Gnana Dattu, Bhavya-Vishakha reach quarters; Tanvi, Unnati also advance
Indian shuttlers Tanvi Sharma, Unnati Hooda and Rakshitha Sree Ramraj overcame some anxious moments to advance to the pre-quarterfinals of the BWF World Junior Championships, in Guwahati, on Wednesday.
China's second-ranked general, He Weidong, is under investigation for corruption, along with nine other senior military officers punished for discipline violations and work-related crimes. This crackdown comes ahead of a key Communist Party conclave.
A hiker has died and hundreds are stranded on the Tibetan slopes of Mt. Everest following a blizzard. Rescue efforts are underway.
The Mumbai police, currently investigating a cyber slavery case involving five individuals trafficked to Laos under the pretext of job offers in Thailand, arrested the prime accused on Wednesday.
China is set to build a rail link connecting Xinjiang province with Tibet, part of which will run near the Line of Actual Control (LAC) with India.
'New Delhi is not naive about its foreign policy choices.'
Asian champion 100m hurdler Jyothi Yarraji leads India's 4-gold show in Taiwan Open
American lucky loser Reilly Opelka put up an intense battle to stun top seed Daniil Medvedev 7-6(5), 7-6(5) and reach the semi-finals in Den Bosch on Friday.
China has formally started the construction of a USD 167.8 billion dam over the Brahmaputra River in Tibet, close to the Indian border in Arunachal Pradesh, raising concerns in India and Bangladesh.
Former Everton midfielder and national team coach Li Tie was sentenced to 20 years in prison for giving and receiving bribes.
'I don't see 88 per dollar now.'
The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank GTRI said on Friday. Citing an example, it said the depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped 31.25 per cent, rising from $65,877 per kg in January 2024 to $86,464 per kg in January 2025.
The depreciation of Indian rupee against the US dollar is expected to push the country's import bill by about $15 billion, think tank GTRI said on Thursday. Compared to December last year, the Indian Rupee (INR) has depreciated 2.34 per cent against the US dollar, moving from Rs 83.25 to Rs 85.20, while the Chinese Yuan has weakened by 0.06 per cent, the Global Trade Research Initiative (GTRI) said.
China has announced a 7.2 percent increase in its national defence budget, bringing the total to USD 249 billion for the year. This rise comes amidst China's ongoing efforts to modernize its armed forces, including the development of new warships and fighter jets. The budget increase, exceeding last year's 7.2 percent rise, reflects China's commitment to bolstering its military capabilities. Chinese Premier Li Qiang emphasized the importance of the Communist Party's leadership in guiding the military, with President Xi Jinping at the helm of the Central Military Commission. China's defence spending is now three times that of India's and is viewed by critics as a sign of the country's growing military ambitions.
With the players then facing a quick turnaround ahead of the Indian Wells main draw beginning on Wednesday, Pegula offered to fly all of them to California for the WTA 1000 tournament.
India's concerns over a planned naval exercise between Pakistan and Sri Lanka in the strategically important waters of Trincomalee led to the shelving of the drills weeks ago. The exercise was planned as part of regular engagements between the two navies, but India expressed its apprehensions to the Sri Lankan government. Trincomalee, situated on Sri Lanka's northeastern coast, is considered a significant hub in the Indian Ocean region, particularly for India's maritime security interests. The Pakistani Navy's close cooperation with China's PLA Navy has raised concerns in New Delhi about any Pakistani warship presence in Trincomalee. This incident follows previous diplomatic rows between India and Sri Lanka over the docking of Chinese vessels at Sri Lankan ports. India has been actively supporting Sri Lanka's development of Trincomalee's energy infrastructure and has recently signed a defense pact with the country to boost military cooperation.
China has launched a host of reforms to halt the slow down of the economy, which is hovering around seven per cent with forecasts that it would dip down further.
Arvind Panagariya heads the government's main economic advisory body.
The rupee has fallen more than 2 per cent against the dollar since the yuan devaluation
Sharath Kamal's illustrious two-decade career came to an end on Saturday as he lost to Snehit Suravajjula in the men's singles round of 16 match at the WTT Star Contender 2025.
Reports says the Chinese are targeting for 50 per cent of China's trade to be invoiced in the domestic currency over the next five years.
A weaker rupee might stimulate Indian exports and nullify some of the effects of Chinese devaluation.
The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. This is due to the continued strengthening of the greenback, combined with the weakening of the Chinese yuan, which is expected to keep pressure on the Indian currency.
The depreciation in the yuan has led to a decline in all emerging market currencies
Yuan's fall would worsen India's trade deficit with China.
The two sides are also likely to firm up a currency swap framework and seal several other agreements including one on debt restructuring following talks between Modi and Sri Lankan President Anura Kumara Disanayaka on April 5, people familiar with the matter said.
If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.
Beijing is aggressively pushing, with some success, the internationalisation of its currency.
China will reform its foreign exchange system in an orderly way and will not bend to pressure from the US to float the yuan, governor of the People's Bank of China, Zhou Xiaochuan has asserted.
The rupee has depreciated by 0.95 per cent in two days.
China is not manipulating its currency, but the yuan remains undervalued, the Obama administration told the US Congress in a report.
Overall, yuan payments value in April decreased by 7.73 per cent from a month earlier
Top-seeded Diana Shnaider breezed past Australia's Priscilla Hon 6-4, 6-1 to reach the quarterfinal round at the Hong Kong Tennis Open on Wednesday.
China has approved the construction of the world's largest dam on the Brahmaputra River in Tibet, close to the Indian border. The USD 137 billion project, which is expected to dwarf even China's own Three Gorges Dam, has raised concerns in India and Bangladesh, the downstream riparian states. Concerns in India are centered around China's potential to control water flow, potentially enabling the release of large amounts of water to flood border areas in times of hostilities. The dam is part of China's 14th Five-Year Plan, and the Chinese government claims that the project is safe and prioritizes ecological protection.
Romania's Ana Bogdan advanced the quarterfinals of the Japan Open with a 6-0, 7-6 (5) victory over No. 4 seed Marie Bouzkova of the Czech Republic on Thursday in Osaka.
