India will become Atmanirbhar if attention is paid to 15 sectors, claims ASSOCHAM

India will become Atmanirbhar if attention is paid to 15 sectors, claims ASSOCHAM

New Delhi: If the goal of making India Atmanirbhar (Self-Reliant) has to be achieved, special attention must be provided to 15 sectors. The Associated Chambers of Commerce and Industry of India (ASSOCHAM), the apex organisation of the entrepreneurs in the country, claimed that if the production capacities in these sectors are increased, the country can […]

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Indian government to review 50 Chinese investment proposals

Indian government to review 50 Chinese investment proposals

New Delhi: India, who is delivering successive economic jolts to China, following the Galwan Conflict, has prepared to deliver one more jolt to China. It has been reported that the Indian government has decided to reconsider 50 investment proposals received from Chinese companies. The Indian government made changes to the foreign investment regulations in April. […]

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UK prepares to ban Chinese company Huawei   

UK prepares to ban Chinese company Huawei   

London/Beijing: – After the United States announced Huawei, as the threat to national security, the United Kingdom also is preparing to ban Huawei completely. The British intelligence agencies have submitted a report in this matter, to the British Prime Minister, Boris Johnson. The report warns that the Huawei company is not safe for the implementation […]

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Chinese President’s Japan visit to get cancelled  

Chinese President’s Japan visit to get cancelled  

Tokyo/ Beijing: Tension between the Japan-China relation is on the verge of escalating furthermore due to the Hong Kong Security Law and frequent invasion in the Senkaku Islands. Against the background of China imposing law on Hong Kong, the Japanese ruling party has demanded to cancel Xi Jinping’s visit to Japan. Moreover, this visit to […]

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TikTok suffers losses of ₹450 billion due to Indian ban, PM Modi launches ‘App Innovation Challenge’  

TikTok suffers losses of ₹450 billion due to Indian ban, PM Modi launches ‘App Innovation Challenge’  

New Delhi: – The Indian ban on Chinese apps following the Chinese betrayal in the Galwan Valley has delivered a major financial jolt to the Chinese companies managing these apps. As per the forecast, the ByteDance Company, which manages TikTok, alone will have to bear a loss of ₹450 billion (USD 6 billion). Whereas, as per the claims made by […]

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Ban on import of Chinese power equipment   

Ban on import of Chinese power equipment   

New Delhi – The Indian government has taken one more decision to deliver one more jolt to China on the economic front. The government has banned the import of Chinese equipment in the power sector, citing national security issues. Union Energy Minister RK Singh held a meeting with the State Energy Ministers through videoconferencing and […]

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4% of Chinese gold reserves are fake  

4% of Chinese gold reserves are fake  

Beijing: – It is claimed that 83 tonnes of gold, amounting to 4% of gold in the Chinese reserves, is fake. Wuhan Kingold Jewellery Inc., a leading company in the gold market, having links with the Chinese military, had borrowed USD 2.8 billion against this fake gold. The gold deposited by this company as collateral with the […]

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Indian retaliation on the economic level will cost very dearly to China, American columnist Gordon Chang

Indian retaliation on the economic level will cost very dearly to China, American columnist Gordon Chang

Washington: – US writer Gordon Chang claimed ‘Chinese President Xi Jinping is receiving severe jolts from around the world, because of the Coronavirus pandemic. The Chinese economy is under threat because of this and President Jinping fears the loss of power. Therefore, President Jinping has started conflicts on multiple fronts like India, the United States, […]

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