Based on the important consensus reached in the ninth round of Corps Commander-level talks between China and India, the front line troops of two countries started disengagement in a synchronized and organized way from both sides of the Pangong lake area on Feb 10. By Feb 19, India and China had already completed the pullback in Pangong lake area and the disengagement in other disputed areas will be further discussed in the following high-level military talks. The Sino-India economic and trade relations are warming up as military tensions between the two nations ease at the disputed border. According to the latest report from Reuters, Indian government is set to approve some greenfield investment proposals and it will also look to clear some brownfield projects which are considered non-sensitive in terms of national security after the first round of clearance to new investments. Besides, New Delhi is also considering allowing investments from Chinese companies through “Automated ... » Learn More about Disengagement of Sino-Indian front line troops and warming of economic ties
Standoff ratio
Curbing financial risks key to sustainability
Although China has largely contained the COVID-19 pandemic at home, it still faces the daunting task of maintaining steady growth in 2021. One way it could do so-and ensure long-term, healthy development of the real economy-is by optimizing financing and eliminating factors that could trigger financial risks. To begin with, China should promote financial reform and opening-up to develop a financial cooperation system that is diversified, and improve the risk prevention and control mechanism without relying too much on the indirect financing system. The development and reform of China's indirect financing system is in line with its long-term social and cultural development, with banks playing the main guiding role in the entire social credit system. Still, China needs to develop a cross-market and cross-sector financial cooperation system to prevent systemic risks in the financial sector that could trigger an inflation crisis forcing the country into the middle-income trap. Due to ... » Learn More about Curbing financial risks key to sustainability
West’s Xinjiang claims lies and false statistics: China Daily editorial
In a futile bid to defame China, some anti-China forces in the West continue to fabricate lies about China committing "atrocities" in the Xinjiang Uygur autonomous region. Their distortion of the truth, with allegations of forced labor and sterilization of Uygurs on an "industrial scale", lays bare their intention to use human rights as a tool for their political manipulation. Having repeatedly snubbed China's invitation for them to visit and see for themselves the situation in the autonomous region, they rely instead on the cherry-picked accounts of the very extremists whose malign influence China is trying to curb in the region. To serve their ulterior political purpose of smearing Xinjiang, these anti-China Western forces choose to consort with those who will tell any lie if they think it will enable them to carry on promoting terrorism, extremism and separatism in Xinjiang. Together, they have employed multiple schemes and use the Western media to spread their groundless ... » Learn More about West’s Xinjiang claims lies and false statistics: China Daily editorial
Coal India not to give a push to labour intensive new mines: Chairman
Coal India will not start new coal mines which require handing out large scale employment against land acquisition besides investing Rs 1.26 lakh crore till March 2024 in technology upgradation as a strategy for efficiency improvement amid competition from private miners, its chairman Pramod Agrawal said. In an exclusive interview to ET’s Sarita C Singh, he spoke about competition, the company’s strategies to improve operational efficiency and diversification plans. Excerpts:- CIL plans investing Rs 2 lakh crore in five years. Please elaborate the plan. CIL shall drive its investment plans to fund the required needs. Broadly the investment areas include coal mining projects to ramp up the output, coal evacuation infrastructure development to transport the increased production, and diversification initiatives. As per the approved plan CIL envisaged a likely investment of about Rs 2 lakh crore. However, the war chest till 2023-24 will be around Rs 1.26 lakh crore with mine ... » Learn More about Coal India not to give a push to labour intensive new mines: Chairman
“It still feels like a dream to be called MISS INDIA”, says Suman Rao on her successful reign as Femina Miss India World 2019
Suman Rao won every heart by winning the Femina Miss India 2019 and representing India at the Miss World 2019 pageant. She was crowned the 2nd runner-up and also won the Miss World Asia 2019 title. Now the reign of Suman Rao as Femina Miss India World 2019 has come to the end as she handed over her crown to VLCC Femina Miss India 2020 Manasa Varanasi . We got in touch with Suman to share some precious memories of her journey as Miss India. Remembering how it all started and her first victory of Femina Miss India Rajasthan, the beauty queen shared, “It still feels like a dream to be honest, to be called a MISS INDIA. I remember the days when I used to watch YouTube videos of the pageant to know and understand what exactly is this platform all about? Is it just beautiful ladies walking the ramp or is it about showcasing the talent that you possess and what not! After all my research when I actually understood what this platform holds for women and how it can add value ... » Learn More about “It still feels like a dream to be called MISS INDIA”, says Suman Rao on her successful reign as Femina Miss India World 2019
Govt okays 12 new SSB battalions for Nepal, Bhutan borders
The government has sanctioned a dozen fresh SSB battalions, comprising over 13,000 personnel for the Nepal and Bhutan borders guarding force, to "fortify" defences along these fronts including the tri-junction area in Sikkim that adjoins Bhutan and Tibet, officials said. IMAGE: Sahastra Seema Bal jawans taking part in their passing out parade at the Tezpur Salonibari training centre in Sonitpur, Assam, October 13, 2020. Photograph: ANI Photo. Though the Union home ministry has denied creation of a new field frontier for the border force, it has allowed the SSB to create one out of three new sector -- responsible for the operations of about 5-6 battalions -- and it is expected to come up in the Delhi-NCR region. The Sashastra Seema Bal (SSB), with an estimated strength of about 90,000 personnel, is the designated force to guard the open Indian fronts with Nepal (1,751 km) and Bhutan (699 km). SSB Director General (DG) Kumar Rajesh Chandra told PTI that the 12 new ... » Learn More about Govt okays 12 new SSB battalions for Nepal, Bhutan borders