China
Flitch Rating for China come out to be negative
| April 10, 2024, 5:41 a.m.
Fitch Revises China's Sovereign Credit Rating Outlook to Negative
Fitch Ratings has adjusted China's sovereign credit rating outlook from stable to negative, citing concerns about the country's fiscal outlook and its transition away from real estate-driven growth. Despite affirming China's long-term IDR rating at 'A+', Fitch highlights the challenges posed by widening fiscal deficits and rising government debt. The agency suggests that fiscal policy may play a crucial role in supporting growth but warns of the possibility of a downgrade over the medium term.
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India Launches Anti-Dumping Probe on Chinese Saccharin Imports
| March 31, 2024, 9:49 a.m.
India Launches Anti-Dumping Probe on Chinese Saccharin Imports
India's DGTR has launched an anti-dumping probe on Chinese saccharin imports, alongside a sunset review investigation of countervailing duty. The applications were filed by Indian producers, citing concerns over unfair trade practices. Saccharin, a widely used sweetener, is subject to scrutiny amidst ongoing trade disputes between India and China.
Read More.| March 12, 2024, 7:11 a.m.
China Lodges Protest Over PM Modi's Visit to Arunachal Pradesh, India Rejects Concerns
China has lodged a diplomatic protest with India over Prime Minister Narendra Modi's visit to Arunachal Pradesh, reiterating its claim over the area. PM Modi dedicated the Sela Tunnel in Arunachal Pradesh, aimed at improving connectivity and troop movement along the border. India rejected China's concerns, asserting Arunachal Pradesh as an integral part of India.
Read More.| March 9, 2024, 9:49 a.m.
China Responds Sternly to India's Troop Deployment along Border, Urges Peaceful Resolution
Amidst the ongoing diplomatic standoff between India and China, Beijing issued a stern reply to India's deployment of additional troops along the border, emphasizing that such actions would not ease tensions. Chinese Foreign Ministry spokesperson Mao Ning reiterated China's commitment to upholding peace and tranquility in the border areas, urging India to refrain from actions counterproductive to deescalating tensions. The response comes in the wake of reports indicating India's deployment of 10,000 new troops along the border with China.
Read More.| March 7, 2024, 7:59 a.m.
Maldives Shifts Allegiance from India to China, Sparking Regional Tensions
Since Mohamed Muizzu became president of the Maldives, the country has witnessed a significant shift in its foreign policy, distancing itself from India and embracing closer ties with China. Muizzu's government's decision to reject Indian military presence in the country and establish defense ties with China has escalated tensions in the region, with implications for India's influence in the Indian Ocean.
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"Apple's Strategic Shift: iPhone 17 Production to Begin in India Ahead of China"
| Nov. 3, 2023, 12:49 p.m.
"Apple's Strategic Shift: iPhone 17 Production to Begin in India Ahead of China"
n a sizeable strategic shift, Apple is ready to begin production of the iPhone 17 in India before China, marking a noteworthy change inside the corporation's international manufacturing approach.
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"'Reasonable' for India to Prepare for China's Presence in Indian Ocean, Says Jaishankar"
| Sept. 28, 2023, 4:34 a.m.
"'Reasonable' for India to Prepare for China's Presence in Indian Ocean, Says Jaishankar"
Indian External Affairs Minister S. Jaishankar has stated that it is "reasonable" for India to prepare for China's presence in the Indian Ocean, highlighting the country's foreign policy approach in addressing evolving regional geopolitics.
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Artimise Mission Space Craft Launch ( NASA )
| Aug. 18, 2023, 3:59 p.m.
US counterintelligence agencies have issued a stern caution to the American space industry regarding the potential threats posed by foreign intelligence entities aiming to pilfer research, trade secre
US counterintelligence agencies have issued a warning to the American space industry about potential foreign intelligence efforts to steal research, trade secrets, and technology in order to bolster their own space programs. The Federal Bureau of Investigation (FBI), the National Counterintelligence and Security Center (NCSC), and the Air Force Office of Special Investigations (AFOSI) have issued a bulletin highlighting the risks posed by cyberattacks, strategic investments, joint ventures, and acquisitions that foreign entities might use to infiltrate the US space industry. This comes as a response to the growing threat posed by countries like China and Russia to the US's space industry, which is investing significant amounts in developing new space technologies.
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Awami League delegation meets BJP leaders in Delhi.
| Aug. 9, 2023, 8:21 a.m.
Awami League Delegation Holds Talks with BJP Leaders on Bangladesh Elections and Regional Stability
Discussions surrounding the upcoming general elections in Bangladesh and their impact on regional stability took center stage during talks between a visiting Awami League delegation and leaders of India's Bharatiya Janata Party (BJP). The delegation emphasized the enduring ties between Dhaka and New Delhi, underlining cultural and geographical links that cannot be undermined by the presence of China or extremist groups within Bangladesh. The meetings also addressed concerns about China's involvement in Bangladesh's infrastructure projects and underscored joint efforts to counter radicalism and maintain political stability.
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Chinese Foreign Minister Qin Gang looks on during his meeting with his Egyptian counterpart Sameh Shoukry in Cairo, Egypt, January 2023.(REUTERS)
| July 25, 2023, 3:26 p.m.
China Replaces Foreign Minister Qin Gang Amid Speculation Over His Month-Long Absence
China has removed Foreign Minister Qin Gang from his post after a month-long absence from public duties, with state media reporting that his predecessor Wang Yi will be taking over the role. Qin, who had been missing from public appearances since June 25, cited unspecified health reasons for his absence, leading to speculation about his condition and concerns over transparency within the country's leadership. The leadership change comes amidst a critical period of international engagements and strained relations with the United States.
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Highlights of India Budget 2024: Finance Minister announces 2 crore more houses under Pradhan Mantri Awas Yojana – Gramin (PMAY-G) . No changes to income tax slabs.
Budget 2024 Key Highlights: Fiscal deficit target for 2024-25 at 5.1% of GDP; no changes to income tax slabs
No Major Tax Changes in Interim Budget, Focus on Growth
Fiscal Deficit Target Lowered to 5.8% in Interim Budget
Infrastructure, Digital Push to Drive Growth in Interim Budget
Education Sector Seeks Higher Allocation, NEP Implementation in Budget
Sitharaman Presents Interim Budget, Focuses on Fiscal Consolidation and Growth
Sitharaman's Last Budget Before 2024 Elections Focuses on Rural India
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