Asia takes the lead, boasting four Indian cities on the list, according to the 2024 Savills Growth Hubs Index.
The Delhi High Court has dismissed petitions from the Ministry of Defence challenging disability pension orders for armed forces personnel, emphasizing that such pensions are a right, not an act of generosity, and should not be denied based solely on the location of disability onset or claims of lifestyle diseases.
Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months - up around 13 per cent from the current levels - given the global uncertainties and aided by investment demand, said analysts at BofA Securities in a recent note. Uncertainty around Trump Administration trade policies, BofA said, could continue to push the US dollar (USD) lower, further supporting gold prices near-term.
President-elect Donald Trump's warning that BRICS countries will face 100 per cent tariffs if they choose to move away from the US dollar is unclear to what extent he will carry out his threat, as it remains to be seen if the US laws permit such an action, former RBI Governor Duvvuri Subbarao said on Monday. He also said even for BRICS, there are internal differences about bringing out an alternative to the US dollar.
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.
Speaking to reporters at the ongoing South Asian Diaspora Convention in Singapore, Gupta highlighted the funding deficit faced by infrastructure projects in India and the rest of the region, while the high saving rate among the Chinese was boosting the RMB deposit base in Hong Kong and Singapore, already estimated to be over $3 trillion.
The onshore yuan trading band is tightly controlled.
Positive cues from China - which accounts for 56.5 per cent of global crude steel production - are likely to keep demand-supply in balance and provide support to prices. All eyes have been on China, which opened after New Year holidays, as it was widely expected that prices would recover post-holidays after the weakness in January. Jayanta Roy, senior vice president, ICRA pointed out, barring last year when Covid-related restrictions affected China's steel demand in February 2020, historical trends show a typical upward movement in steel prices post-new year festivities. China's opening post-holidays was keenly awaited, especially in the wake of the sluggishness in the market in January.
Rajapaksa said China indicated that it would help Sri Lanka, while adding that "usually they don't like" lending out more money to cover earlier debt payments.
Since China activated exchange rate reform in 2005, the value of RMB yuan against US dollar has surged by more than 30 per cent, he said refuting persistent US allegations that as world's largest exporter China benefited by keeping low exchange rate for its currency.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
'India needs to adopt a more proactive policy of triggering exports to China.'
Protests at this time when efforts are underway to strengthen the PLA and keep morale high would be worrying for the military leadership, observes Jayadeva Ranade, the retired senior RA&W officer and distinguished China expert.
Non-performing loans in the Chinese banking system stood at RMB 1.27 trillion at the end of 2015.
The company will transfer its 50% stake in its JV firm, NTPC-Orchid Pharmaceuticals to NCPC for a total cash consideration of USD 13.9 mn.
The world's largest ice festival has opened in north-eastern China, featuring frozen castles, glistening snow sculptures and lots of snowmen. Here's a glimpse of the frozen world.
China plans to achieve a high quality and efficient annual growth rate of 7 per cent during the 12th Five-Year Plan, starting this year, which is not easy by any means.
The 400,000 square-metres plant was launched within two years of foundation laying ceremony.
Harbin, China is considered to be one of the coldest places on Earth. It's a superlative the city's million million residents don't take lightly. In fact, for the last 36 years, the community has embraced its frigid identity and invited people from around the globe to experience it for themselves with its famed International Ice and Snow Sculpture Festival. Billed as the world's largest winter festival, the ice and snow sculpture festival is truly a sight to behold. Don't believe us, take a look!
For several years the Chinese authorities have been taking steps to internationalise the use of the yuan.
Beijing views the India-based Dalai Lama, the spiritual leader of the Tibetan people, as a separatist trying to split the Himalayan region from China.
As the reform process is expected to gain further momentum, the Indian rupee will continue to outperform its Asian peers, which are likely to weaken further against the US dollar in 2015, says an HSBC report.
The price is expected to be around Rs 10 lakh, at par with competition.
Instead the Chinese IT firms focussed more on the local markets where they are well entrenched.
According to analysts, most of the growth in the smartphone space will come from existing users, who will be lured to upgrade their handsets as new features and technologies turn existing features redundant, says Arnab Dutta.
These images from across the globe tell that it is a crazy world out there.
Stay ahead of the game; learn the tricks from Ecom king Jack Ma.
Will the rupee keep falling in value against the US dollar? What will be its impact?
India's move to opt for Japanese bullet trains on the Mumbai-Ahmedabad route had raised concerns in China which is competing with Japan to build high-speed rail networks in India.
China's world and Olympic swimming champion Sun Yang served a three-month ban earlier this year after testing positive for a banned stimulant, the China Anti-Doping Agency (CHINADA) said on Monday.
The recent market crash in China has triggered sympathetic drops.
Since 2000, China has had the world's largest outflow of HNIs.
On Wednesday, the Chinese authorities extended a ban on sales of shares by large shareholders.
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