Chinese

Chinese Ambassador to India Sun Weidong described US House Speaker Nancy Pelosi's travel to Taiwan as a risky political provocation. He urged US to refrain from interfering in Taiwanese and Chinese domestic matters. Weidong stated Pelosi's visit gave incorrect signal to separatist groups. He said, “It is only natural that China makes a firm response. We are safeguarding our own sovereignty and territorial integrity which is lawful, legitimate… read-more

Finance Ministry reported on July 13 that Directorate of Revenue intelligence personnel had discovered Rs 4,389 crore in duty fraud by Chinese smartphone manufacturer Oppo through incorrect import declarations. The DRI conducted searches at Oppo India's workplace and key management workers' homes, resulting in the seizure of damning evidence proving deliberate misdeclaration in the description of certain materials imported by Oppo India. The… read-more

In a terrifying incident in UP's Meerut, a 24-year-old youth Ajay died after his throat was slit by the Chinese string on September 23. Reportedly, Ajay was a resident of Rasulpur village and had a pharmaceutical business. While returning his village from Meerut on a motorbike the sting cut his throat, resulting in severe blood loss. However, locals rushed him to a hospital but he succumbed to his injures.

Despite Wall Street's record-breaking day, Asia's stocks fell on August 26. Stock prices in Malaysia and Thailand were up, while those in Indonesia and Japan were down, remained uniform in Singapore. Shanghai-Composite-Index declined 0.5% at 3,521.76. An increasing number of economists have expressed concern over rising Covid-19 cases and are betting that Fed officials will remain in a "wait and see" mode when it comes to inflation.

The Indian tech start-ups are avoiding Chinese investors as Indian investors along with other foreign firms lend a helping hand to fund the homegrown firms. Reportedly, in Q1 of 2021 investors have funded around $11 billion into the Indian tech start-ups, in more than 600 deals. In terms of investing top dollars, the US-based investment firm Tiger Global is leading the show. Currently, India has more than 52 unicorns.