News Highlights: China condemns Pelosi's visit to Taiwan, says her trip violates the “one China” principle

As the House Speaker, Pelosi is one of the most important American leaders to land in Taiwan. She is the third public official in the Line of Succession after the President and Vice President. Newt Gingrich was the last US House Speaker to visit the island in 1997. The Chinese response at that time was mild. But its response to Pelosi’s visit is unlikely to be as mild as in the past. The conversation between the two presidents on Friday was aimed at lowering rising tension in the Taiwan strait in recent weeks. But Biden did not guarantee he would stop Pelosi from visiting Taiwan. Read More

The Taiwan Strait is the primary route for ships passing from China, Japan, South Korea and Taiwan to points west, carrying goods from Asian factory hubs to markets in Europe, the US and all points in between. Almost half of the global container fleet and a whopping 88% of the world’s largest ships by tonnage passed through the waterway this year, according to data compiled by Bloomberg. Read More

In a statement, Food Safety and Standards Authority of India (FSSAI) said the campaign is to "check adulteration in edible oils, presence of trans-fatty acids in hydrogenated oils and to crack down on the sale of loose edible oil in the country.”. Read More

"In disregard of China's strong opposition and serious representations, Speaker of the U.S. House of Representatives Nancy Pelosi visited China's Taiwan region. This is a serious violation of the one-China principle and the provisions of the three China-U.S. joint communiqués. It has a severe impact on the political foundation of China-U.S. relations, and seriously infringes upon China's sovereignty and territorial integrity. It gravely undermines peace and stability across the Taiwan Strait, and sends a seriously wrong signal to the separatist forces for "Taiwan independence". China firmly opposes and sternly condemns this, and has made serious démarche and strong protest to the United States." the statement read.

The bill which had undergone scrutiny of a parliamentary panel seeks to amend the principal Act for better management of protected areas and inserts an explanation to provide for certain permitted activities such as grazing or movement of livestock, bona fide use of drinking and household water by local communities. Read More

As per the data provided by Subrahmanyam, imports stood at $66.26 billion in July compared to $46.15 billion in the same month last year. Meanwhile, exports in July were "almost static" compared to last year, Subrahmanyam said, coming in at $35.24 billion. Read More

ITC’s lifestyle retail brand Wills Lifestyle had been in the process of “descaling”, the chairman said. The company had previously exited John Players by divesting the trademark. Read More

Udhas (79) was inducted into the party by state BJP chief C R Paatil at the party’s Gandhinagar office. He said he has been a fan of Prime Minister Narendra Modi and will try his best to serve people in whatever way possible.

The court-appointed technical panel probing the Pegasus snooping allegations that the Israeli spyware had been used to allegedly infiltrate the phones of several politicians, journalists and activists in India, had submitted its final report to the Supreme Court a week ago.The report has also mentioned that the case may be listed on August 12 before a bench comprising Chief Justice of India NV Ramana and justices Surya Kant and Hima Kohli. Read More