New Delhi: Following the ban on 59 Chinese apps, the government is preparing to deliver another strong jolt to China. Nitin Gadkari, Minister for Micro, Small, medium enterprises (MSME), informed that the government is preparing a policy to stop Chinese investment in the infrastructure and MSME sectors. Gadkari said that the government would ensure that […]
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New Delhi: The government is preparing to deliver a telling blow to China on the economic front, following the cowardly Chinese attack in which 20 Indian soldiers were martyred. This begins with the decision taken by the government telecom companies BSNL and MTNL. Henceforth, these companies will not be purchasing any Chinese equipment. There are […]
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London: The United Kingdom has indicated that if a foreign company forcibly acquired a British company creating a threat to national security, the foreign company will be prosecuted under criminal charges. A bill for this purpose will soon be presented in the British parliament and the British media informed that Prime Minister Boris Johnson has […]
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New Delhi: Nitin Gadkari, Union Minister for Roads and Heavy Industries, appealed that Indian steel companies should acquire a big share in the global markets and lead the field. But, to achieve this, the companies will have to focus on improving quality and production. Gadkari was speaking during the webinar held on the subject Indian Steel Industry-Raw […]
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Washington/Beijing: The US Department of Commerce has blacklisted 33 companies having links with the Chinese military. On the background of the US-China diplomatic war in the wake Corona pandemic, the decision is viewed as a significant jolt to China by the United States. The companies blacklisted by the US include those providing ‘Artificial Intelligence’ and […]
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Washington/ Beijing: The United States delivered a major jolt to China, who was eying to take over major companies around the world by making huge investments. The US Senate has passed a bill to expel the companies violating the laws. Although the bill mentions foreign companies, the bill is primarily to target Chinese companies. Senator […]
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New Delhi: Finance Minister Nirmala Sitharaman made some more relevant announcements, in line with the Self-Reliant India Campaign, on Saturday. The government has ended its monopoly in the Coal sector and professional excavation will begin in this sector. All the mines in possession of Coal India Limited will be made available for the private sector […]
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Washington: Indian Ambassador to the United States said that companies from India and the United States are working in partnership, to develop the vaccine for Coronavirus and the process is in its final stages. Ambassador Taranjit Singh Sandhu said that the companies from both these countries are developing a minimum of three vaccines for Coronavirus. […]
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Tokyo: The Japanese, Shinzo Abe government announced a special financial package for the companies thinking of exiting from China because of loss of production. Abe government clarified that financial assistance up to $2.2 billion will be available for Companies bringing the manufacturing to Japan or shifting them to some country other than China. This Japanese […]
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Washington: The US Department of state-imposed sanctions against 13 companies and individuals for assisting Iran missile program, in violation of the sanctions imposed by the United States. The US department of state declared that these companies and individuals are connected to China, Russia, Turkey and Iraq. At the same time, the United States warned that […]
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