A meeting of the Sub-Committee of the Financial Stability and Development Council (FSDC) was held yesterday through video conference. Shaktikanta Das, Governor, Reserve Bank of India chaired the meeting. The Governor, in his introductory remarks underlined the importance of this meeting, being held for the first time after the breakout of the pandemic and as […]
China is India’s second-biggest trade partner after the US, and its companies have a significant market share in the consumer goods segment, especially electronics. Kirtika Suneja looks at the bilateral trade numbers.
India will respond faster to complaints about dumping of Chinese goods, as the country looks to stimulate local production and reduce dependence on imports.
For now, Indian equities and the currency are holding up as the Asian giants have a history of face-offs. They fought a war in 1962 over their 3,488-kilometer unmarked boundary. The challenge now is to de-escalate as the scale of the previous conflicts “was very small,” according to Dai Ming, Shanghai-based fund manager at Hengsheng Asset Management Co.
Restrictions on Chinese trade and investment in India are expected to increase following a deadly clash between troops along their shared border on Monday, analysts said.Local trade groups and officials in India are urging boycotts of Chinese-made products and new reviews of Chinese investment following the major escalation of a weeks-long standoff between t […]
Delhi says Chinese dammed a river and lay in wait for clash in which 20 Indians diedIndia has accused Chinese troops of meticulously preparing an attack on its soldiers on the treacherous Himalayan border, claiming they erected a tent on the Indian side, dammed a river, brought in machinery and then lay in wait with stones and batons wrapped in barbed wire.T […]
India says 20 soldiers were killed in what it claimed was a pre-meditated attack near the Line of Actual Control, the disputed border between the world’s two most populous countries.
Foreaders 