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Car sales fell last year in China for the first time in more than two decades

Forget trade war. China already in crisis with bankrupt firms, gutted banks

Bloomberg

Some global investors see fresh worries in an old problem: China

china trade

Fund managers name China as potential source for an unpleasant surprise for global markets: Survey

Business Standard

Why performance-based pay could be good for all

It's fair compensation for a worker's contribution to the company

China constructing USD 18-mn cultural park in Tibet

Policymakers want the next generation to find better-paying work in modern offices, creating the ideas, technologies and jobs to feed the country's future growth

How China is building a start-up boom

Confucius was once asked if there was a single word that could act as a guide throughout one's life. "Reciprocity," the sage responded. He then preached a form of the Golden Rule: "What you do not want done to yourself, do not do to others."It sometimes seems that China's policy makers have forgotten this ancient wisdom. More and more, Chinese companies are taking advantage of the openness that the US-led global economic system ensures, but Beijing isn't reciprocating by allowing foreign companies similar liberties in China. This imbalance is becoming a major impediment for Western companies: While they're unable to fully benefit from the expansion of the Chinese economy, Chinese companies are buying up vital technologies and setting up new operations around the world, to their great competitive advantage.Despite promises to continue "opening up," China's government still bars or restricts foreign companies from engaging in many basic business activities. Chinese automaker Geely purcha

Confucius has some advice for trading with China

While the Chinese economy may take a hit in the short term from the chaos in the European Union, in the long term, Brexit is certainly in the country's economic and political interests

Michael Schuman: Who wins from Brexit? China

This contradiction has been part of the Chinese economic system since pro-market reform began in the early 1980s

Michael Schuman: Contradictions between state and market intensify

Blagoveshchensk, Russia - Lured by warming relations between the two countries, Li Lihua, a Chinese entrepreneur, has invested all of her money in this frigid Russian outpost on the border with her country. She has opened Chinese restaurants, purchased factories and started a $120 million housing project to build affordable apartments aimed at young, upwardly mobile Russians.But Ms. Li says that capital for the housing development has dried up as the Russian economy sinks. She now worries that she will have to sell off other parts of her business to move forward on the project."The two countries are desperate to cooperate with each other," said Ms. Li, 48. "On the ground, the joint action is not that obvious."At the highest levels, Beijing and Moscow haven't been friendlier in decades. Both sides are promising to expand trade and investment. As part of Russia's effort to "pivot" to Asia and reduce dependence on the West, Prime Minister Dmitri Medvedev is on a four-day official visit to

Thaw in China-Russia relations hasn't trickled down

The company's source code contains the secrets to its software - and its success. By revealing that vital know-how to China's govt, which owns most of the country's biggest companies, IBM is undercutting its own competitiveness

Michael Schuman: IBM should hold on to its code

Australian captain Pat Cummins has promised to inundate Indian batters with bouncers at "some point" of the third Test starting here on Saturday after employing the strategy with telling effect in the second game in Adelaide.
The Australian quicks, particularly Cummins, tormented the India batters with grunt balls in both the innings during the Pink Ball Test that Australia eventually won by 10 wickets to level the five-match series 1-1.
"Yeah, potentially. It worked out in the Adelaide Test. It's always in the back of your mind as a bit of a plan B," Cummins told the media in his pre-match press meet.
"If it's something really uncomfortable, you're likely to take a look at it and come to a plan A. It worked in Adelaide, so I'm sure we'll give it a shot at some point (in the third Test)," he added.
Cummins was also chuffed with the way the Australian batters embraced the unique challenge of facing Jasprit Bumrah after succumbing to the talismanic Indian pacer in the first Test at .

Pat Cummins

India batter Shubman Gill says the need to put up a big first innings total has been the talking point among his team's batters ahead of the third Test against Australia and each one of them has devised a plan to make it happen at the Gabba.
Gill didn't play the first Test due to a finger injury but looked good in his brief innings of 31 and 28 during the Pink Ball Test at Adelaide which India lost by 10 wickets.
"As a batting group, we are looking to post a big total first up. That's been the key discussion and every batter has his own game plan," Gill said in the pre-match press conference.
India have had at least six scores of 150 or less in recent times and Gill admitted that the piece of stat isn't lost upon the batting group. He said it is now a three-match series for his side.
"Adelaide Test, we didn't do well but the series is still 1-1. We will treat it as a three-match Test series and if we win this one, we will have advantage going into Melbourne and Sydney," Gill ...

Shubman Gill

Jasprit Bumrah embodies the qualities of pace legends such as Dennis Lillee, Andy Roberts and Richard Hadlee but at the same time is forging his own legacy, one that is set to inspire future generations of pacemen, feels former India coach Greg Chappell.
He also said that Bumrah is the only player standing between Australia and the Border Gavaskar Trophy.
"What sets Bumrah apart is his combination of skills: (Malcolm) Marshall's adaptability, Lillee's aggression, Richard Hadlee's control, Roberts' strategy, Wasim (Akram) and Waqar's (Younis)  reverse swing, (Glenn) McGrath's precision, (Dale) Steyn's explosiveness, and (Kagiso) Rabada's modern versatility."
"As Nasser Hussain aptly observed, He's the complete bowler. As he has had back surgery already, it is not certain he will have a long career, but if he does, his name will be mentioned in the same breath as the champions above," Chappell wrote in the 'Sydney Morning Herald'.  An all-format bowler, Bumrah has reinforced his statu

Jasprit Bumrah

Under-fire Australia batter Marnus Labuschagne has hit back at his former teammate-turned-commentator David Warner for criticising his batting, saying, "everyone's here to write newspapers, write articles."
Labuschagne has been struggling with his form for quite some time but seems to have found some rhythm with a resolute 64 in the pink-ball Test, which helped Australia beat India by 10 wickets and level the five-match series in the ongoing Border-Gavaskar Trophy.
Former opener Warner was unimpressed with Labuschagne's performance and claimed that he had a "lack of awareness" after being dismissed caught in the gully.
Responding to Warner's comments, Labuschagne told News Corp that he'd "like to see him check how many times I've been caught at gully, because apparently I get out there every week.
"I've looked back and I think I can only remember getting caught at gully twice. So I might have to have a look at Bull's (Warner's) comment there. But like I said, everyone's here to wri

Marnus Labuschagne

IND vs AUS LIVE SCORE UPDATES: India have made two changes in their playing 11. Ravindra Jadeja replaces R Ashwin in India's Playing 11 while Akash Deep comes in for Harshit Rana.

India vs Australia 3rd Test full scorecard

Latest news updates: Catch all the latest news updates from around the world here

RIL, Reliance, Reliance Industries

Markets Highlights: Friday ended in favour of the bulls, as 41 out of 50 constituent stocks ended in the green, led by Bharti Airtel, ITC, Kotak Mahindra Bank, Hindustan Unilever, and UltraTech Cement

Dalal Street, Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

NMIIA operates an industrial area located in Mumbai, India's financial hub and the capital of the western state of Maharashtra.

Reliance

Stock market crash: The Indian stock market crashed heavily on Friday, with the BSE's Sensex dropping 1,207 points or 1.48 per cent to its intraday low of 80,082

bear market, stocks, sensex, nifty, loss, growth, crash, index

Allu Arjun was arrested over a stampede at the Pushpa 2 premiere in Hyderabad, which led to a woman's death and her son's hospitalisation

Allu Arjun

Stock market today: What are the key support, resistance levels for the Nifty Pharma, and Energy indices? What should be the trading strategy? Here is your trading guide for stock market today

Equity markets around the world continue to be on a tear. The MSCI Global Equity Index is close to its lifetime highs, up a staggering 30 per cent over the last year. But it is not just equities; all asset classes have thrived in recent months.

Sanjay Bhandari, a consultant in the defence sector wanted in India on alleged tax evasion and money laundering charges, began an appeal in the High Court in London on Tuesday against his extradition order.
The 62-year-old businessman had won permission to appeal against a November 2022 Westminster Magistrates' Court ruling clearing his extradition earlier this year.
His lawyers began making their arguments in the case, which is listed for a three-day hearing this week with the judgment expected in the new year.
Lord Justice Timothy Holroyde and Justice Karen Steyn began hearing representations from barristers James Stansfeld and Edward Fitzgerald at the Royal Courts of Justice on three main grounds of appeal  whether the bar for criminality had been met in the English jurisdiction, whether a prima facie case had been made and whether the accused faces a risk of violence in an Indian prison.
The Crown Prosecution Service (CPS), appearing on behalf of the Indian authorities, will ..

tax, taxes, taxation, tax evasion, I-T raids, Income tax

Pollution levels in Yamuna river in Delhi remain high with fecal coliform concentrations peaking at 79 lakh units per 100 ml (MPN) at Asgarpur where the river exits Delhi, according to the latest water quality report for November.
The figure matches the peak recorded in October, which was the highest concentration since December 2020, data from Delhi Pollution Control Committee (DPCC) showed.
Fecal coliform, a marker of sewage contamination, has a permissible limit of 2,500 units per 100 ml, as per the Central Pollution Control Board (CPCB).
The last recorded instance of higher levels was in December 2020, when concentrations reached 120 crore units per 100 ml.
The DPCC's monthly water quality report, released in compliance with a National Green Tribunal order, highlighted that while fecal coliform levels at Palla -- where the river enters Delh -- were 1,100 units per 100 ml, the concentration rose significantly downstream as sewage-laden drains entered the river.
Dissolved oxygen

Pollution, New Delhi Pollution, Water Pollution, Yamuna, Delhi Yamuna

On the second day of the 'Rising Rajasthan' Global Investment Summit 2024, a thematic session titled 'Agri-Business InnovationsThe session was attended by key dignitaries, including Shivraj Singh Chauhan, Minister of Agriculture and Farmers Welfare, Government of India, Bhajanlal Sharma, Chief Minister of Rajasthan, Kirodi Lal Meena, Minister for Agriculture, Government of Rajasthan, Joraram Kumawat, Minister, Animal Husbandry, Gopalan, Dairy  &  Devasthan, Government of Rajasthan, Gautam Kumar Dak, Minister of State of Cooperative  &  Civil Aviation, Government of Rajasthan.In his address, Chief Minister of Rajasthan, Bhajan Lal Sharma, said, "Under the guidance of Prime Minister Narendra Modi, the Rajasthan government has focused on addressing key challenges in water, irrigation, and power, which are vital not only for agriculture but also for industries and tourism.""In the near future, we will implement a comprehensive water management system to ensure reliable irrigation .

Bhajan Lal Sharma, Bhajan Lal, Bhajan

Every year on Dec 11, people observe International Mountain Day to increase awareness of the value of mountains in preserving the ecological balance of the globe and promoting human well-being

International Mountain Day 2024

Highlighting the historical presence of Hindus in Bangladesh, stating, "We are vanished from Afghanistan. We are vanished from Pakistan. This is the high time. If we are not saved now, we will be

Protest, Delhi Protest, Bangladesh Protest, Hindu Protest

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Policy

The Massachusetts Institute of Technology alleges that the essay, titled 'On Pacifism', could be interpreted as encouraging violent protests on campus

MIT University

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Gold

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Michael Schuman

Michael Schuman

Michael Schuman

Forget trade war. China already in crisis with bankrupt firms, gutted banks

Some global investors see fresh worries in an old problem: China

Why performance-based pay could be good for all

How China is building a start-up boom

Confucius has some advice for trading with China

Michael Schuman: Who wins from Brexit? China

Michael Schuman: Contradictions between state and market intensify

Thaw in China-Russia relations hasn't trickled down

Michael Schuman: IBM should hold on to its code

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IND vs AUS: Pat Cummins issues warning to Indian batters for Gabba Test

IND vs AUS: Big 1st innings score crucial for Team India - Shubman Gill

IND vs AUS: Jasprit Bumrah is a Blend of Legendary Fast Bowlers - Chappell

IND vs AUS: Marnus Labuschagne hits back at David Warner's comments

India vs Australia LIVE SCORE UPDATES, 3rd Test Day 1: Rohit opts to bowl under overcast conditions

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Highlights: Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

Market Close Highlights: Fab Friday! Sensex ends 843pts up, soars 2050pts from low; Nifty at 24,768

Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

Sensex plunges 1200pts, Nifty below 24200; Why stock markets crashed today?

Allu Arjun arrested over woman's death in stampede at Pushpa 2 premiere