New Delhi/IBNS: Goods from several US companies made in China, including those from Apple, Dell and Cisco, are held up in Indian ports amid heightened border tension with China, said a Reuters report.
Mumbai/IBNS: Amid the growing anti-China sentiment and call for boycott of Chinese goods in the country, the Maha Vikas Aghadi government has frozen three Chinese projects worth Rs. 5,000 crore, media reports said.
Mumbai/IBNS: As the anti-China sentiment is growing massively in India following the standoff between the soldiers of the two nations in the border, mobile phone company Oppo cancelled the live launch of its 5G phone in the South Asian country, media reports said.
Mumbai/IBNS: Only Singapore and China, out of top 25 destinations of India's engineering exports, could manage a positive year-on-year growth in April, 2020 while the rest conceded massive contraction up to 91 per cent in some cases, due to a hugely disruptive impact of Covid-19, an EEPC India analysis has shown.
New Delhi/IBNS: Union minister Nitin Gadkari has said Indian manufacturers can take advantage of the current anti-Chinese sentiments by manufacturing items for which India is largely dependent on Chinese imports, media reports said.
Beijing/Xinhua/UNI: China's telecommunications industry registered a slight growth in the first quarter, official data showed.
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) has sought information from the custodians on details of Chinese investments or money routed through the country into Indian stock markets, said a Mint report.
New York/IBNS: The world economy will go into recession this year with a predicted loss of global income in the trillions of dollars, causing serious trouble for developing countries, with the likely exception of China and the possible exception of India, as per a UN trade report released on Monday.
Beijing/Xinhua/UNI: China will see large-scale investment in 5G infrastructure as relevant standards mature and upstream hardware further improves, said a report published Wednesday by S&P Global (China) Ratings, a wholly-owned subsidiary of S&P Global Inc. registered in Beijing.
Tokyo/Sputnik/UNI: Japanese automobile giant Toyota on Tuesday lifted a shutdown at its third out of four plants in China, which was shut down over novel coronavirus fears, media reported.
Gangtok/UNI:More than half of Sikkim’s famous carpet and blanket industry is likely to face adverse impact due to the coronavirus outbreak.
Kolkata/UNI: The raging novel coronavirus in China has dealt a body blow to the leather goods industry of Eastern India as it stares at a Rs 300 crore loss.
Changchun/Xinhua/UNI: China's leading automaker FAW Group said that 21 new models will be launched in the next five years under its iconic brand Hongqi, with annual sales expected to exceed 600,000 units by 2025.
Beijing (Sputnik/UNI) China’s gross domestic product (GDP) grew by 6.2 percent during the first three quarters of 2019, while in the third quarter, it increased by 6.0 percent, which is the slowest growth rate in 27 years on the record, the country’s National Bureau of Statistics said in a report issued amid China’s trade row with the United States that sparked a decrease in the Asian country’s economic growth.
Geneva: Indian economy will grow at 6 per cent, falling behind China by just 0.1%, to be the world's second-fastest-growing economy in the current year, UN Trade Agency has projected.