Section 4(1) of the Competition Act, 2002 says that no enterprise or group shall abuse its dominant position
Sharma, also CEO of Paytm, holds a 19.42% in Paytm after purchasing shares from Antfin amid broader concerns about Chinese ownership in Indian financial technology companies
The book is a vital read because it moves away from the current body of literature that posits China as the "bad boy" by negating the expectations of the West...
Huawei's new phone is a win for China
Asserting that the country's foreign policy should always be based on reciprocity, former Jammu and Kashmir chief minister Omar Abdullah said on Monday if China does not accept "one India" policy, New Delhi should reconsider support to Beijing's 'One China' policy. Asking why China should have a problem with any meeting in Jammu and Kashmir or any other part of India, the National Conference Vice President said if China continues with this stance, India should also raise questions on Tibet, Taiwan and Hong Kong. "I think it's extremely unfortunate that the government of India keeps repeating its (adherence to ) One China policy yet for some reason, China doesn't reciprocate. "Our foreign policy should always be based on reciprocity. If China doesn't accept a one India policy, then why should India accept One China policy," Omar, a former Minister of State of External Affairs, said. "It shouldn't be one-sided that only China can raise questions about what happens in India and not vi
Regulations announced by the US Commerce Department in October last year restrict the export of manufacturing tools that can churn out processors at 16 nanometers or below
Chinese President Xi Jinping will not attend the G20 Summit in New Delhi this week and the delegation will be led by Premier Li Qiang, the foreign ministry announced here on Monday. At the invitation of the government of the Republic of India, Premier of the State Council Li Qiang will attend the 18th G20 Summit to be held in New Delhi, India on September 9 and 10, Chinese Foreign Ministry Spokesperson Mao Ning said in a brief statement.
India is monitoring the import situation on steel after shipments from China touched a five-year high in the first four months
Expertise of G20 member countries such as the US and China can help the Indian toy industry boost domestic manufacturing capabilities and exports, according to the sector experts. Toy Association of India (TAI) Chairman Manu Gupta said the G20 presidency with India provides an opportunity to showcase India as an attractive investment destination. In G20 we have both, the biggest producers and consumers of toys in the world. From the US, India can learn about improving per capita consumption of toys as they are excellent learning tools for kids, Gupta said. He added that the US has a strong toy market, and studying their strategies and approaches can help India increase toy consumption among its population. On the other hand, Gupta said China is known as the world's toy factory, and India can certainly leverage its existing strengths, such as its workforce and technological abilities, to enhance the toy manufacturing capabilities. Learning from China's expertise in mass production,
The Chinese leader has attended every G-20 leaders' summit since taking power in 2012, and he's also sought to burnish his image as a peacemaker
The US embraces a policy that fails to recognise Taiwan as a nation and adopts the posture of strategic ambiguity over whether or not it will defend the East Asian country against a Chinese invasion, Indian American Republican presidential candidate Vivek Ramaswamy has said. Beijing considers Taiwan as its breakaway province and insists it should be unified with the mainland, by force if necessary. Taiwan, however, sees itself as completely distinct from China. It is vital for US national security interest to ensure that China does not acquire sole control of the global semiconductor supply chain, Ramaswamy said in a statement on Sunday amidst increasing tension with China on the Taiwan issue. Accordingly, the US should shift from strategic ambiguity to strategic clarity: commit to affirmatively defend Taiwan against Chinese annexation until the US achieves semiconductor independence, at which point the US should resume its current posture of strategic ambiguity, he said. Last week
PM Narendra Modi cautions against 'irresponsible' financial policies
It is almost certain that Chinese President Xi Jinping is going to skip the G-20 Summit in India next week and Premier Li Qiang is set to represent China at the conclave, people familiar with the development said on Saturday. Russian President Vladimir Putin has already conveyed to Prime Minister Narendra Modi his decision not to attend the Summit in-person as he has to focus on the "special military operation" in Ukraine. The Russian President had skipped the Bali summit of G20 in November last year as well. Many leaders in the past skipped the G20 summits for various reasons and it does not reflect anything about the host country, they said. In its capacity as the current president of G20, India is hosting the annual summit of the influential grouping in New Delhi on September 9 and 10. "The Chinese President is not travelling to India for the G-20 Summit," said one of the people cited above, adding that Premier Li is likely to represent China at the Summit. President Xi is als
Ladakh Lt Governor Brigadier (Retd) B D Mishra has sought the intervention of External Affairs Minister S Jaishankar for the speedy clearance of visas for Chinese technicians needed to install a Pashmina dehairing machine here, an official said on Saturday. The Lt Governor was apprised of the issue by the All Changthang Pashmina Growers Co-operative Marketing Society president Dorjay Stanzin during his visit to the Pashmina Processing and Dehairing Plant in the industrial area here, the official said. Stanzin told Mishra that the machine was procured from China after the visit of a team comprising officials from the central government. He said the contractor was supposed to send technicians to install it but they are facing visa issues. He also said that the dehairing plant will save a lot of time, require less manpower and ensure good quality Pashmina wool. Executive councillor, LAHDC Leh, Tashi Namgyal Yakzee and other officials of the All Changthang Pashmina Growers Co-operative
For the first time in decades, the world's second economy is itself in trouble
A delegation of Australian federal ministers will attend a high-level dialogue in Beijing next week in a further sign of a warming of relations after a years-long chill. Delegates will discuss trade and investment, people-to-people links and regional and international security at the Sept. 7 gathering. This is the first time the dialogue has been held since early 2020 and it represents another step towards increasing bilateral engagement and stabilizing our relationship with China, Foreign Minister Penny Wong said Saturday. The resumption of the talks was one of the outcomes of a meeting the minister held with China's State Councilor and Foreign Minister, Wang Yi, in Beijing in December. It provides an opportunity for representatives from both countries to discuss our perspectives and how we can grow our cooperation in areas of shared interest, Wong said. The resumed dialogue comes a month after China lifted a stifling 3-year-old tariff on Australian barley in a strong sign of th
As People's Liberation Army fighter jets from China sped toward Taiwan on Friday, life on the self-governing island carried on as normal. Andy Huang, a restaurateur in Taipei, said he has become desensitised to military threats from the mainland. I've been hearing about China invading for 30 years, he said. Taiwan's government is racing to counter China, buying nearly USD 19 billion in military equipment from the US, and extending military conscription for men to a year starting in 2024. But many on the island say they don't feel the threat. That may be partly due to the nuanced views many Taiwanese hold of China. While polls indicate most people on the island reject reunification, many say they are attracted to their much larger neighbour's dynamic economy, and its shared language and culture. Others are simply numb to hearing about the threat in their backyard. Beijing claims Taiwan as its own territory, and its actions in recent years have led some to fear it is preparing to
Typhoon Saola made landfall in southern China before dawn Saturday after nearly 900,000 people were moved to safety and most of Hong Kong and other parts of coastal southern China suspended business, transport and classes. Guangdong province's meteorological bureau said the powerful storm churned into an outlying district of the city of Zhuhai, just south of Hong Kong at 3:30 a.m. It was forecast to move in a southwesterly direction along the Guangdong coast at a speed of around 17 kph (10 mph), gradually weakening before heading out to sea. On Friday, 780,000 people in Guangdong were moved away from areas at risk as did 100,000 others in neighboring Fujian province. More than 80,000 fishing vessels returned to port. Workers stayed at home and students in various cities saw the start of their school year postponed to next week. Trading on Hong Kong's stock market was suspended Friday and hundreds of people were stranded at the airport after about 460 flights were canceled in the key
Five Chinese tech firms, including Baidu Inc and SenseTime Group, on Thursday launched AI chatbots to the public after receiving government approval
There were signs that China's intense EV price war, which has eaten into automakers' margins, was starting to abate in June and July but Friday's action has cast doubt over that