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An Indian chambers of commerce delegation is currently visiting China to interact with their counterparts here, marking the first such visit after the five-year freeze in relations. A delegation of the Punjab, Haryana, Delhi, Chambers of Commerce and Industry (PHDCCI) is on a visit to Shanghai and China's Jiangsu province, one of the most industrialised areas of China, from Mar 29 to April 4. This is the first Indian trade delegation to visit China after the two countries normalised bilateral relations last year, after over five years of hiatus following the military standoff at Eastern Ladakh in 2020. The relations were on the course of normalisation after the meetings between Prime Minister Narendra Modi and Chinese President Xi Jinping in 2024 and 2025 on the sidelines of the BRICS and SCO summits. The Indian Consulate General of Shanghai, Pratik Mathur, on Tuesday hosted a Business Round Table between the PHDCCI Delegation and leading companies and financial institutions from .
India on Saturday said it has strongly opposed the contentious China-led Investment Facilitation for Development (IFD) Agreement for its incorporation into the WTO framework. Incorporation of the IFD agreement risks eroding the functional limits of the WTO and undermining its foundational principles, Commerce and Industry Minister Piyush Goyal said in a social media post. This was stated by India in the ongoing 14th ministerial conference of the World Trade Organisation (WTO) in Yaounde, Cameroon. "At #WTOMC14, drawing inspiration from Mahatma Gandhi ji's philosophy of Truth prevailing over conformity, India showed the courage to stand alone on the contentious issue of the IFD Agreement and did not agree to its incorporation into the WTO framework as an Annex 4 Agreement," he said. Annex 4 of the WTO Agreement contains Plurilateral Trade Agreements that are binding only on the WTO members that have accepted them, unlike the mandatory multilateral agreements. As part of WTO reform
India, China relations have embarked on a "correct path" of improvement, and their shared interests far outweigh differences, Chinese Foreign Minister Wang Yi said on Thursday. Under the strategic guidance of the leaders of both countries, China-India relations have embarked on a correct path of improvement and development, Wang, who is also a member of the Political Bureau of the ruling Communist Party of China (CPC), said. Facing a complex and turbulent international situation, China is willing to work with India to implement the important consensus reached by the leaders of both countries, uphold the principle of viewing each other as development opportunities rather than threats and treat each other as partners rather than competitors, he said during a farewell call on the outgoing Indian Ambassador Pradeep Rawat. India, China relations, which were frozen for over five years following the military standoff in Ladakh, improved after the meetings between Prime Minister Narendra Mo
China on Friday welcomed the appointment of veteran diplomat Vikram Doraiswami as the new Indian Ambassador, expressing hope that he will make a positive contribution to the sustained improvement of Sino-India ties. Doraiswami, a 1992-batch Indian Foreign Service (IFS) officer, is currently serving as the Indian High Commissioner to the United Kingdom. The 56-year-old diplomat was Thursday appointed as India's new envoy to China. He will succeed Pradeep Kumar Rawat. He is expected to take up the new assignment shortly. Reacting to Doraiswami's appointment, Chinese Foreign Ministry spokesman Lin Jian told a media briefing that envoys are an important bridge for fostering friendly and cooperative relations between nations. China welcomes India's new ambassador and will provide all facilitation to take up his post in China and looks forward to his positive role in improving India-China relations, Lin said, while replying to a question on Doraiswami's appointment. "I noted that Ambass
Seasoned diplomat Vikram Doraiswami was on Thursday appointed as India's new ambassador to China, a move that comes amid efforts by the two sides to rebuild ties that came under severe strain following the over four-year military standoff in eastern Ladakh. Doraiswami, a 1992-batch Indian Foreign Service (IFS) officer, is currently serving as Indian High Commissioner to the United Kingdom. He will succeed Pradeep Kumar Rawat. The Ministry of External Affairs (MEA) said Doraiswami is expected to take up the new assignment shortly. In the last few months, India and China have stepped up efforts to stabilise their relations, seeking a reset after the 2020 military standoff in the Galwan Valley plunged ties to the lowest point in decades. The military stand-off effectively ended in October 2024. An alumnus of Delhi University with a master's degree in history, Doraiswami worked as a journalist for a year before joining the IFS. Following his in-service training in New Delhi (1992-1993
The government on Tuesday eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said. They said press note 3 of 2020 has been amended in this regard. The decision was taken in a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. Under this press note, foreign companies having shareholders from these countries required mandatory government approval for investments in India in any sector. Countries that share land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar, and Afghanistan. China stands at the 23rd position with only 0.32 per cent share (USD 2.51 billion) in the total FDI equity inflow reported in India from April 2000 to December 2025. Ties between the two countries nosedived significantly following the fierce clash in Galwan Valley in June 2020 that marked the most serious military conflict between the two sides in decades. Following these tensions, India banne
India and China should view each other as "partners, not rivals" and "opportunity instead of threat", Chinese Foreign Minister Wang Yi said here on Sunday. Wang, at his annual press conference on the sidelines of the Chinese parliament, the National People's Congress (NPC), said both countries should stick to the direction set by Prime Minister Narendra Modi and President Xi Jinping to improve relations without interference. Modi and Xi had a successful meeting in Tianjin last August, Wang said. "Building on the fresh start enabled by their Kazan meeting in 2024, the Tianjin summit brought about further improvement in China-India relations," he added. "We are heartened to see re-energised interactions at all levels, a new record in bilateral trade, and closer people-to-people exchanges. All this has brought tangible benefits to the two peoples," he said. On the future course of the ties, Wang said both countries "must maintain the correct strategic perception of each other as partn
India has initiated a countervailing duty investigation against imports of Chinese PVC resins, used in multiple sectors including pipes, bottles, and cables, following complaints by domestic players. The investigation the DGTR follows an application filed by Chemplast Cuddalore Vinyls, DCM Shriram and DCW Ltd. The applicants have alleged that China is subsidising its PVC Suspension Resin makers and those companies are dumping the goods into Indian markets at cheaper prices, which is impacting domestic manufacturers. The Directorate General of Trade Remedies (DGTR) is an arm of the commerce ministry. "On the basis of the duly substantiated application by the domestic industry, and having satisfied itself, on the basis of the prima facie evidence submitted by the applicants substantiating the existence of subsidization and consequent injury to the domestic industry, the authority hereby initiates an anti-subsidy investigation," the DGTR has said in a notification. The directorate wi
India and China should handle their ties from a strategic and long-term perspective, properly managing differences and expanding cooperation, the Chinese Foreign Ministry has said on Tuesday's strategic dialogue between the two countries held in New Delhi. Foreign Secretary Vikram Misri and Chinese Executive Vice Minister of Foreign Affairs Ma Zhaoxu held the India-China Strategic Dialogue, during which they discussed the whole gamut of the bilateral ties. Ma is in India to participate in the BRICS Sherpa meeting. Both sides had friendly, candid and in-depth communication on the international and regional situation, respective internal and external policies, international and regional issues of shared interest, and China-India relations, a Chinese Foreign Ministry press release here last night said on Misri, Ma talks. Both sides underlined that, given the complex and profound changes in the international situation, China and India should work together to earnestly implement the ...
Congress leader Rahul Gandhi on Tuesday cited a December 2023 social media post by former army chief MM Naravane informing people that that his book is "available now" to rebut publisher Penguin Random House India's statement that the 'memoir' has not yet been published. Gandhi said he believes the word of the former army chief over Penguin. Speaking with reporters in the Parliament House complex, Gandhi read out Naravane's social media post on X (then Twitter), which said, "Hello friends. My book is available now. Just follow the link. Happy reading. Jai Hind." "This is the tweet Mr Naravane has made. The point I am making is either Mr Naravane is lying, and I believe the (former) Army chief, I don't think he will lie, or Penguin is lying. Both cannot be telling the truth," the Leader of Opposition in the Lok Sabha said. "Penguin is saying the book is not published. The book is available on Amazon. Gen Naravane has tweeted, as I just read to you, that please buy my book. He tweete