The EU’s surprise deal with China on hybrid cars last week was supposed to ease the pressure on Beijing. Instead, Brussels is preparing to intensify its crackdown on Chinese trade practices, emboldened by the discovery that its threats are finally delivering results. Now, those driving trade policy for the bloc believe they have landed on a two-track formula. Intensive dialogue is seen to have yielded results and will continue. But so too will the European Union’s efforts to counter what they...
Read full articleJio Platforms is gearing up for its initial public offering by pursuing a strategy focused solely on fresh shares. This means that no current investors will be liquidating their holdings during the IPO. The goal is to utilize the funds, estimated at around ₹27,500 crore, to alleviate the debt burden of Reliance Jio Infocomm.
Union Commerce and Industry Minister Piyush Goyal has urged Canadian businesses to utilize India's manufacturing capabilities. He highlighted the potential for production and exports to global markets beyond India's domestic market. Goyal emphasized India's preferential trade agreements that enhance market access to approximately USD 85 trillion of global GDP. He encouraged bilateral commercial engagements ahead of finalizing the Comprehensive Economic Partnership Agreement.
Union Commerce and Industry Minister Piyush Goyal has urged Canadian businesses to utilize India's manufacturing capabilities. He highlighted the potential for production and exports to global markets beyond India's domestic market. Goyal emphasized India's preferential trade agreements that enhance market access to approximately USD 85 trillion of global GDP. He encouraged bilateral commercial engagements ahead of finalizing the Comprehensive Economic Partnership Agreement.
Union Home Secretary Govind Mohan has apologized unconditionally to the Supreme Court concerning a contempt notice issued. He clarified that the October 9 restrictions aimed to maintain peace amid potential protests in Delhi. Mohan emphasized that the internet shutdown was implemented to address public order concerns. The suspension of services was limited to cellular internet and did not affect Wi-Fi connections.
Union Home Secretary Govind Mohan has apologized unconditionally to the Supreme Court concerning a contempt notice issued. He clarified that the October 9 restrictions aimed to maintain peace amid potential protests in Delhi. Mohan emphasized that the internet shutdown was implemented to address public order concerns. The suspension of services was limited to cellular internet and did not affect Wi-Fi connections.
Parents of Ankita Bhandari protested the appointment of Dushyant Kumar Gautam as Sikkim governor, alleging his involvement in her murder. They issued a 24-hour ultimatum to the government to cancel his appointment. During the protest, police detained the parents along with several Congress leaders before releasing them hours later. Ankita's family and activists continue to demand an investigation into Gautam's alleged VIP connections.
Parents of Ankita Bhandari protested the appointment of Dushyant Kumar Gautam as Sikkim governor, alleging his involvement in her murder. They issued a 24-hour ultimatum to the government to cancel his appointment. During the protest, police detained the parents along with several Congress leaders before releasing them hours later. Ankita's family and activists continue to demand an investigation into Gautam's alleged VIP connections.
The International Monetary Fund has raised India's growth forecast to 7% for this year and next. India is seen as having strong fundamentals which allow it to manage external pressures effectively. The exchange rate fluctuations are not indicative of economic failure according to IMF officials. Structural reforms and domestic demand contribute to India's resilience in the global economy. However, risks such as geopolitical tensions and fiscal pressures remain present.
Opening ceremony held for new China-DPRK border bridge over Yalu River