Opinion: Rupee as reliable currency

[ad_1] <!-- --> Boost in manufacturing exports for sustained current account surpluses is a must while maintaining prowess in service exports and remittances Published Date - 19 April 2024, 11:57 PM By Dr Vaishnavi Sharma &...

G7 countries slam Chinese firms’ support for Russia’s defence industry

[ad_1] Ministers say the transfer of weapons components is enabling Russia to ‘reconstitute and revitalise’ its defence production for its war in Ukraine.Foreign ministers from the Group of Seven (G7) countries have expressed “strong concern” about the transfer of materials...

Why is Germany maintaining economic ties with China?

[ad_1] German Chancellor Olaf Scholz has been on a three-day visit to China in a bid to shore economic ties.Germany is China’s biggest European trade partner. But, Berlin also sees Beijing as a competitor and a rival. And – in...

China, US defence chiefs hold first substantive talks in nearly 18 months

[ad_1] Lloyd Austin and Dong Jun talk South China Sea, Taiwan, North Korea and Ukraine in wide-ranging discussion.United States Secretary of Defense Lloyd Austin and his Chinese counterpart Dong Jun have held their first substantive talks in nearly 18 months...

ChatGPT rival ‘Ernie Bot’ now has 200 million users, China’s Baidu says

[ad_1] Baidu CEO Robin Li says number of users has doubled since December.China’s Baidu has announced that “Ernie Bot”, its rival to ChatGPT, has racked up more than 200 million users, roughly double as many as in December. Baidu CEO...

Copper likely to gain more on China’s output cut, rising demand

[ad_1] Copper prices will likely gain further in 2024 on fears of production cuts in China and increasing demand, particularly for green energy transition, after having gained about 10 per cent since the beginning of 2024. They are currently ruling...

Indonesia’s Christie takes Asia badminton crown ahead of Paris Olympics

[ad_1] Jonatan Christie wins first continental title, establishing the 26-year-old as a medal contender at Paris 2024.Indonesia’s Jonatan Christie clinched his maiden Badminton Asia Championships crown, seeing off Li Shi Feng in two sets. Christie defeated home favourite Li 21-15,...

India’s iron ore exports at a three year high at 47.8 MT

[ad_1] India’s iron ore exports stood at 47.8 million tonne (MT) for FY24, the highest in three years; and the second highest in six years, driven primarily by strong demand from China. Reports across some key ministries and trade sources...

Uday Kotak sounds alarm bells on global economy; says US Fed may postpone rate cuts, China the ‘only wild card’

[ad_1] Veteran banker Uday Kotak took to platform X on Thursday to warn investors of possible global turbulence, citing several factors.The former MD and CEO of Kotak Mahindra Bank hinted that the US Fed may postpone rate cuts to later,...

Biden, Japan leader Kishida announce stronger defence ties in state visit

[ad_1] United States President Joe Biden has welcomed Japanese Prime Minister Fumio Kishida to the White House, with an upgrade in defence ties topping the agenda. The meeting is only the fifth official state visit of Biden’s presidency, with the...
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