India And China

India and China have reached an agreement on patrolling arrangements along the Line of Actual Control (LAC), resolving issues that emerged after the 2020 Ladakh border clash, which resulted in the deaths of 20 Indian soldiers. Indian Foreign Secretary Vikram Misri announced the breakthrough, highlighting ongoing diplomatic and military communication between the two sides. The announcement came ahead of Prime Minister Narendra Modi's visit to Kazan, Russia, for the BRICS Summit, where he may meet Chinese President Xi Jinping. The summit, themed "Strengthening Multilateralism for Just Global Development and Security," will focus on global cooperation and BRICS initiatives.

India, China hold joint army exercise in Jammu and Kashmir

In a first, India and China today carried out a joint army exercise in eastern Ladakh in Jammu and Kashmir, a move that comes amid hectic diplomatic manoeuvring between the two countries over a host of issues like Nuclear Suppliers Group and designation of Masood Azhar as a terrorist by the UN.

I got 2 out of 4 countries right, 'Mr BRIC': Jim O‘Neill

In his 2001 report, he forecast China's economy would grow by 7 percent on average per year until 2011. Despite the slowdown and more recent stock market rout, China's growth trumped this every year until 2015.

Honda to replace its CEO amid air bag crisis, sales drop

The unexpected decision follows the recalls of more 6.2 million Honda vehicles in the US and millions of others elsewhere equipped with air bags made by Japan's Takata Corp.

Davos bosses tread warily in rocky emerging markets

Executives in Davos said they remained committed to tapping into rising middle classes from Shanghai to Lagos, but some are pulling back and redeploying resources in particularly difficult, low-margin regions.

Obama calls for economic reforms, wary of India, China

Offering a framework to help break through some of the political logjam in Washington and try to get Congress to move on some of the proven ideas, Obama said the country needs to focus on creating good jobs, with good wages, in durable industries and areas that will fuel the future growth.

Credit squeeze in Asia now worst since financial crisis

Bank lending conditions in emerging Asian nations have tightened the most since the global financial crisis, according to the latest survey from the Institute of International Finance (IIF).

India, China boost Asia gold demand to record level: WGC

Asian gold demand from April to June will reach a quarterly record as bullion consumers in the region, especially price-sensitive countries such as India and China, take possession of supply freed up by selling from exchange-traded funds (ETFs), the World Gold Council (WGC) said on Wednesday.

India says China agrees retreat to de facto border

India and China have ended a three-week standoff on a windswept Himalayan plateau where they fought a war 50 years ago by pulling forces back to positions held before the confrontation, India's foreign ministry said on Monday.

BRICs still lag in annual cloud computing scorecard

Brazil, Russia, India and China (BRIC) still lag far behind developed countries in policies considered critical for the future of cloud computing, but each made some progress over the past year, a US industry group said on Thursday.

BRIC funds bleed; investors sceptical about theme's future

Funds betting solely on stocks in fast-growing Brazil, Russia, India and China are suffering sustained investor withdrawals due to poor returns, throwing into doubt the future of one of the hottest asset classes of recent times.

US losing ground to India & China in maths, science: Obama

The US is fast losing ground to countries like India and China in the field of science and mathematics, US President Barack Obama has said.

India, China take steps to ease disputes, enhance trade

India and China have agreed to restore defence ties and will exchange visits by their top leaders as well as take steps to enhance their balance of trade, India's National Security Adviser Shiv Shankar Menon said on Wednesday.