Will not tolerate trade deficit with China: India’s Minister of State for Commerce & Industry

Will not tolerate trade deficit with China: India’s Minister of State for Commerce & Industry

“The trade deficit with China that India has had to suffer, is certainly not good news and the Indian Government has set about efforts at various levels towards correcting the situation. Negotiations with China about providing better market access to Indian drugs and IT segments are in progress”, asserted Nirmala Sitharaman, the Minister of State […]

Read More »

China devalues its ‘Yuan’

China devalues its ‘Yuan’

Beijing/Washington, Dt.30 (News agency) – Just as the G-7 summit, held recently in Japan, concluded by proclaiming an end to the currency war, China declared the devaluation of its currency the ‘Yuan’. In the week of the summit itself, the Chief of the U.S. Federal Reserve, Mr. Janet Yellen signalled the hiking of interest rates. […]

Read More »

China deploys stealth drones in South China Sea

China deploys stealth drones in South China Sea

Having deployed fighter planes, helicopters, anti-aircraft missile machinery and radars on the artificial islands in the South China Sea over the past few months, China has now deployed drones equipped with Stealth Technology ( Stealth Drones ) on one of the islands. The satellite pictures released by a study group of ‘Image Sat International’ (ISI) show […]

Read More »

Donald Trump criticizes Obama’s visit to Hiroshima

Donald Trump criticizes Obama’s visit to Hiroshima

Washington, Dt. 29(Newsagency) – The Presidential candidate of the Republican Party, Donald Trump has strongly criticized US President’s visit to Hiroshima that was part of his trip to Japan. ‘Did Obama who expressed grief over the Hiroshima incident, even mention the attack on ‘Pearl harbor’ while in Japan?’ remarked Trump sardonically. The former US Ambassador […]

Read More »

China’s opposition to India’s NSG membership continues

China’s opposition to India’s NSG membership continues

Beijing dated 25th May (News Services)- Indian President Pranab Mukherjee commenced his tour of China, landing at Guangzhou on 24th May. Prior to the President’s arrival, China had declared their unchanged stance on India’s participation in the Nuclear Suppliers Group (NSG). Simultaneously China expressed their readiness to extend the proposed Tibet to Nepal railway services […]

Read More »

1400 km long highway to connect India, Myanmar & Thailand

1400 km long highway to connect India, Myanmar & Thailand

A 1400 km long highway will soon connect India with South-East Asian countries. India, Thailand and Myanmar have come together to work on this project that will, it is believed, give a big boost to India’s trade with South-East Asian countries. The realization of the India-Myanmar-Thailand highway calls for the renovation of 73 bridges erected […]

Read More »