India Might Consider Blocking China's Investment In LIC's IPO, As Per Sources
After a series of political tensions between India and China, the Government of India might be considering blocking China from investing in LIC's IPO. Life Insurance Corporation is a crucial financial institution of the country and it is believed that investment intervention from China might pose a risk to the security of the data. Reportedly, the Finance Ministry is looking out for options to prevent China from buying a stakeout.
Tags: Life insurance, INDIA CHINA BORDER ISSUE, india china face off, FINANCE MINISTRY
Courtesy: The Times Of India
India Asks China For Complete De-escalation At LAC In 9th Round Of Talks
In the ninth round of military-level talks on January 24, India has demanded China to withdraw its troops completely along the LAC. Representing India at the 15-hour marathon meeting, Lt Gen PGK Menon also proposed verification measures at various critical points along the LAC. While over one lakh soldiers have been deployed at the LAC by both the countries since early 2020, previous talks have concluded with deadlock on de-escalation of… read-more
Tags: india china face off, INDIA CHINA BORDER ISSUE, Eastern Ladakh, India, China
Courtesy: Times Now
India, China Likely To Disengage Troops Soon With Three-step Plan
The 8th Commander-level talks between India and China has proposed a three-step plan for the disengagement of troops from Eastern Ladakh border areas. In the first step, tanks and personal careers will be removed while, in the second, 30% of troops will be withdrawn for three consecutive days before observing the status quo of April-May period in third phase. The countries have also agreed upon a mutual mechanism to monitor the disengagement… read-more
Tags: india china face off, Pangong Tso, INDIA CHINA BORDER ISSUE, disengagement
Courtesy: Times of India
India, China Hold 8th Round Of Commander Level "Constructive" Talks
India and China will continue their bi-lateral discussions as the eighth round of Commander Level talks were described as "constructive", albeit no consensus has been reached yet. The discussions were held in Chushul on November 6 while the next meeting will be arranged soon. According to the Indian government's press release, both sides have agreed upon sincerely executing the mutual agreement to pull back troops from the border.
Tags: INDIA CHINA BORDER ISSUE, diplomatic talks, Ladakh, india china face off
Courtesy: Hindustan Times
India-China Relations Under 'Severe Stress': Foreign Minister S Jaishankar
Foreign Minister S Jaishankar on October 31 said that relationship between India and China was under "severe stress". Saying that both the countries shared a stable relationship in the past, the minister added the two countries need to follow the agreements "scrupulously" to end current disputes including LAC-standoff. He also said, "any attempt to unilaterally change the status quo is unacceptable." He stated the COVID-19 has hampered the… read-more
Tags: Dr S Jaishankar, INDIA CHINA BORDER ISSUE, Sardar Patel, india china face off
Courtesy: Times of India
Amazon, Flipkart Warned For Not Revealing Product's Manufacturing Origin
The Consumer Affairs Ministry has warned the e-commerce giants - Amazon India and Flipkart - for the sellers not mentioning the product’s manufacturing country. The Union government has sought an explanation for the lapses in the implementation of the rules within 15 days. The rules were enforced following the Indo-China standoff, owing to which Indian government banned Chinese imports. However, the e-commerce companies have still not… read-more
Tags: Amazon India, Flipkart, india china face off, INDIA CHINA border(1346), competition, Violation, big billion sale
Courtesy: The Indian Express
Rajnath Singh: Chinese Military Has Been Violating Regulations At The LAC
On September 15, Defense Minister Rajnath Singh informed that the Chinese military has been violating regulations at the Line of Actual Control (LAC), Ladakh, resulting in several face-offs between the Indian and Chinese Army. He stated that the matter includes 'sensitive operational-issues' and not all information can be addressed right now. Even though there were talks at many… read-more
Tags: Defence Minister Rajnath Singh, india china face off, lok sabha, parliament
Courtesy: Twitter
China Intensifies Construction at LAC; Builds 5G Infrastructure
To strengthen its position in the border areas, China is laying 5G network connection along the Line of Actual Control (LAC). Also, new constructions have been spotted at Pangong Lake, where Chinese troops have transgressed. Despite several diplomatic and military level talks, China has been continuously building infrastructure along the LAC. Reportedly, India has also tripled its deployment. "The deployment will depend on constant reviews,"… read-more
Tags: india china face off, Pangong Tso, Ladakh, 5G
Courtesy: India Today