Latest News, Updates & Breaking Headlines
NEW DELHI: The Directorate General of Trade Remedies (DGTR), a body under the Union commerce ministry, has recommended the imposition of anti-dumping duties on Chinese viscose rayon filament yarn (above 75 deniers)—a widely used man-made textile fibre, according to a government notification issued on Monday.The proposed duties include $386 per metric tonne for Xinxiang Chemical…
FILE (AP Photo/Mark Schiefelbein, File) It seems investors’ anxiety about the rise in capital expenditure of companies to fuel their artificial intelligence (AI) infrastructure and strategy has reached China as well. In the past few months, some of America’s biggest technology companies including Amazon, Meta, Google and Microsoft have seen billions wiped out from their…
Amid rising scrutiny, TP-Link’s CEO Jeffrey Chao is applying for U.S. permanent residency via a $1 million visa program, a move that coincides with ongoing federal investigations into his firm. The investigations, conducted by the Commerce, Justice, and FTC departments, are fueled by worries that Chinese authorities might pressure TP-Link to support cyber threats. Jeffrey…
European Union has imposed sanctions against two China-based and one Iranian company for cyberattacks against EU member states. The European Union has announced sanctions on China-based Integrity Technology Group and Anxun Information Technology, also known as i-Soon. Other than these two technology companies, EU has also banned Iranian company Emennet Pasargad on the same charges….
The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified changes in the foreign direct investment (FDI) policy to permit overseas companies with Chinese shareholding of up to 10 per cent to invest in India through the automatic route, subject to sectoral limits and conditions, PTI reported.However, the relaxation will not apply…
An AFP analysis of satellite imagery, ship-tracking data and expert interviews has raised fresh questions about China’s maritime activities after thousands of Chinese fishing boats were detected forming geometric formations in the East China Sea. According to the AFP report, the unusual gatherings, recorded across several days between December and early January, have prompted maritime…
A Chinese national has been arrested in Kenya after authorities discovered more than 2,000 live queen ants hidden inside his luggage at Nairobi’s main international airport. The unusual wildlife smuggling case unfolded at Jomo Kenyatta International Airport, where security officers intercepted the passenger during a routine inspection before a flight to China. Investigators say the…
CHENNAI/ NEW DELHI: The changes in foreign direct investment (FDI) rules for China and other land bordering countries (LBCs) are expected to fast track investment by global investment firms, such as Blackrock and Carlyle, as they were feeling the heat of approvals required, even if there was a very small Chinese shareholding.On Wednesday, the Union…
At the Beijing International Film Festival, actress Zhang Jingyi subverted red carpet norms by carrying a plain plastic trash bag instead of a designer clutch. This unexpected accessory, drawing comparisons to high-fashion irony pieces, sparked widespread online discussion and garnered praise from the fashion community for its bold and refreshing statement. Red carpets are usually…
NEW DELHI: The Union cabinet on Tuesday eased norms governing investments from China and other countries sharing a land border with India, to provide for faster approvals in “strategic sectors”, while fast-tracking inflows when the entity from across the border holds under 10% and is a non-controlling shareholder.The govt has amended Press Note 3, issued…
