ECONOMY OF CHINA
China exports fall in November, imports recover
Imports were up 0.3 percent from the year earlier, after falling for the previous six months. Analysts polled by Bloomberg had predicted a drop of 1.4 per cent. China's trade surplus with the United States, a key point of anger in the White House, fell to USD 24.61 billion from USD 26.42 billion the month before.
Govt carrying out reforms to boost economy: Piyush Goyal
Piyush Goyal said as regards reforms in the tax system, it is stated that through th...
Kohler plans to double its presence across India’s tier-II market in 3 years
CEO David Kohler says that the company is growing at over two ti...
Centralisation of power in PMO not good for economy: Shiv Sena
The central government wants the finance minister and RBI governor under its control, an editorial in Sena mouthpiece 'Saamana' claimed, adding that the present BJP-led dispensation is not ready to listen to economists as it considers the economy as a "share market gamble".
Mother Dairy hikes milk prices by up to Rs 3/litre in Delhi-NCR, effective from Sunday
Toned milk price has been hiked by Rs 3 per litre to Rs 45 while double-toned milk will now be sold at Rs 39 per litre compared to Rs 36.
Chinese paramilitary conduct anti-terror drill in Xinjiang mountains: CCTV
The training was conducted at heights of 4,000 metres (13,123 feet) and lasted seven days and nights, with troops climbing mountains, crossing icy rivers and using drones to target "thugs" with stolen guns. The video shows the troops surrounding a hut where a suspect is hiding and then start shooting at him as he ran out.
Brexit, US-China trade war resolution to help end 2019 on a good note: Radhika Rao, DBS
The next year is probably going to be more about convergence.
US Senators proposes bill to clamp down on World Bank lending to China
Three Republican Senators have tabled a legislation in the US Senate to prevent World Bank from lending to China on projects that would be used against religious and ethnic minorities.
Alignment of strategic interest with India, says US Defense Secretary
On December 18, US Defense Secretary Mark Esper will host his Indian counterpart, Rajnath Singh, at the Pentagon for a bilateral meeting. Following this, he and Singh will drive down to the Foggy Bottom headquarters of the State Department to join External Affairs Minister S Jaishankar and Secretary of State Mike Pompeo for the second India US 2+2 ministerial.
After 15-year wait, troops to get new assault rifles
Sources on Wednesday said the Army has received 10,000 of the 72,400 rifles ordered from US firm SiG Sauer for Rs 638 crore in February this year under the fast-track procurement (FTP) route for critical operational requirements.
U.S. sets terms for China trade deal, sources say, but Beijing mum
Beijing's silence fuelled questions over whether the two sides can come to a truce in their bitter trade war before a new round of tit-for-tat tariffs takes effect on Sunday. Washington has set its terms for a trade deal with China.
Trade war goes digital as India eyes tariffs on Internet economy
Since 1998, WTO has renewed a ban on import duties on so-called "electronic transmissions".
Army wants Doklam panel under new Deputy Chief, cabinet nod awaited
The Indian Army is planning to institutionalise the key war committee that was created during the Doklam standoff between India and China in 2017. This setup is established only during a war like situation, otherwise all these heads work under different verticals. The defence ministry has approved the proposal.
Asian shares edge down as tariff deadline hems bets
MSCI's broadest index of Asia-Pacific shares outside Japan was 0.17 per cent lower.
China plans to launch its own digital currency
China's central bank - the People's Bank of China (PBC) - has stepped up efforts to roll out its Digital Currency Electronic Payment (DCEP) as it seeks to stay ahead of the competition among central banks around the world and help preserve financial sovereignty, state-run Global Times reported.
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