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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Chinese investment in the OBOR can collapse like a house of cards, claims senior US official

Chinese investment in the OBOR can collapse like a house of cards, claims senior US official

Washington: A senior US official warned that the Chinese investment in its ambitious One Belt One Road (OBOR) project could collapse like a house of cards and a few emerging economies also will be devastated in that. Europe, Japan, Australia and India, along with the United States, have challenged the Chinese OBOR project and expeditious […]

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US proposes new plan to counter the Chinese Belt and Road Initiative; will make huge investments in Indo-Pacific

US proposes new plan to counter the Chinese Belt and Road Initiative; will make huge investments in Indo-Pacific

Bangkok: The United States has announced a new scheme to counter the ambitious Chinese Belt and Road Initiative (BRI). The information was given by Wilber Ross, the US Secretary for Commerce during the meeting of the Indo-Pacific Business Forum held in Bangkok. The scheme envisages providing huge funding for important projects in the Indo-Pacific sector, over the next few years. […]

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India and the Philippines sign four agreements to strengthen ties

India and the Philippines sign four agreements to strengthen ties

Manila: During the Philippines visit, Indian President Ramnath Kovind extended bilateral talks with the President of the Philippines, Rodrigo Duterte. At the time, the two nations signed mutual agreements covering maritime domain, security, tourism, science, technology, and culture. ‘Both India and the Philippines have been victims of terrorism. For decades, India was targeted with cross-border […]

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NYSE owner ICE launches Bitcoin Futures contract

NYSE owner ICE launches Bitcoin Futures contract

New York: The US company, Intercontinental Exchange (ICE) that owns the New York Stock Exchange (NYSE), which is the largest stock exchange in the world, has launched Bitcoin Futures trading in the cryptocurrency. The first trade on Future’s Exchange started on Sunday at 8.00 pm, US time and the company informed that the first transaction […]

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Investors will turn to Singapore instead of Hong Kong in view of the protests, claims renowned investor Jim Rogers

Investors will turn to Singapore instead of Hong Kong in view of the protests, claims renowned investor Jim Rogers

Singapore: Major financial implications of the Hong Kong protests, will be seen in the near future. There is a strong possibility that the identity of Hong Kong as a financial centre will start fading. Owing to the instability created in Hong Kong, in view of the protests, the investors will turn to countries like Singapore, […]

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