Germany's Foreign Minister visit is planned against the background of the global consequences of the Russian war of aggression in Ukraine
'It's hard to see 2023 as a great year for the urban middle-class as global tech-industry layoffs affect jobs and capital availability for startups. Rural demand is anyway sluggish'
The financial hub will scrap PCR testing requirements to enter outdoor public venues such as parks as well as ride public transit effective Monday, city authorities said in a statement Sunday
A Business Standard analysis found that the country mirrored the global trend, with the rate of growth slowing from the same quarter last year
India's relationship with China and the consequences of the Russian invasion of Ukraine are set to figure in talks between External Affairs Minister S Jaishankar and his German counterpart Annalena Baerbock on Monday. Baerbock is arriving here on Monday morning on a two-day visit. A statement released by the German embassy said Baerbock is travelling to India against the background of the global consequences of the Russian war of aggression in Ukraine. During the two-day inaugural visit, cooperation in the energy transition away from oil, coal and gas will also play a role, a spokesman for Germany's Federal Foreign Office said in Berlin. In this context, Baerbock will visit projects for renewable energies and sustainability in the rural surroundings of New Delhi, the embassy said. "In Baerbock's talks with her Indian counterpart, Subrahmanyam Jaishankar, India's relationship with China is likely to be discussed in addition to the Russian war against Ukraine and its consequences,
China on Sunday reported two additional deaths from COVID-19 as some cities move cautiously to ease anti-pandemic restrictions amid increasingly vocal public frustration over the measures. The National Health Commission said one death was reported each in the provinces of Shandong and Sichuan. No information was given about the ages of the victims or whether they had been fully vaccinated. China, where the virus first was detected in late 2019 in the central city of Wuhan, is the last major country trying to stop transmission completely through quarantines, lockdowns and mass testing. Concerns over vaccination rates are believed to figure prominently in the ruling Communist Party's determination to stick to its hardline strategy. While nine in 10 Chinese have been vaccinated, only 66 per cent of people over 80 have gotten one shot, while 40 per cent have received a booster, according to the commission. It said 86 per cent of people over 60 are vaccinated. Given those figures and t
Google has purged thousands of YouTube channels in China, Russia and Brazil as part of its investigation into coordinated influence operations
Apple is accelerating its plans to shift some of its production outside China and telling suppliers to plan more for assembling the product elsewhere in Asia, particularly India and Vietnam
Several Chinese cities like Beijing, Tianjin, Chengdu and Shenzhen on Saturday scrapped the mandatory COVID-19 tests for public transport, as authorities softened their stance on the stringent Zero-COVID policy amid a spate of anti-government protests across the country. Residents in Chengdu and Guangzhou no longer require to show Covid test results when entering most public places, the official media reported on Saturday. On Friday, authorities in Beijing announced that 48-hour valid nucleic acid tests are no longer needed on buses and subways starting next Monday. Passengers must, however, still keep their masks on, they said. Shopping malls in Beijing will be open starting from December 3, although some still cannot provide dine-in services, for which a 48-hour test is required. The marginal lifting of curbs came after last weekend's protests in several cities, including in Shanghai and Beijing against the draconian Zero-COVID lockdowns that are disrupting people's livelihoods.
The mourners in Shanghai lit candles and placed flowers. Someone scrawled Urumqi, 11.24, Rest in Peace in red on cardboard referring to the deadly apartment fire in China's western city of Urumqi that sparked anger over perceptions the country's strict COVID-19 measures played a role in the disaster. What started as a small vigil last weekend by fewer than a dozen people grew into a rowdy crowd of hundreds hours later. One woman defiantly shouted for Chinese leader Xi Jinping to resign, emboldening others. Then, before dawn, police swept in and broke up the gathering, preventing more such gatherings from happening. The Nov. 26 protest in Shanghai wasn't the first or the largest. But it was notable for the bold calls for change in China's leadership the most public defiance of the ruling Communist Party in decades. Nationalist bloggers swiftly blamed foreign black hands, and the government vowed to crack down on hostile forces. But the protest emerged spontaneously, according to 11
Business Standard brings the the top headlines at this hour
Executives from firms including chemicals giant BASF , Deutsche Bank and industrial group Siemens pushed back on the government's plans in a call with Economy Minister
Industry players say lockdown could have an impact on the supply of components used in consumer durables
Since the quality control order 3 years ago, toy import down 70 per cent
Our financial system needs more time for the broad-based transmission of the past concentrated increases in the repo rate (190 basis points in just four months)
Formula 1 is assessing alternative options to replace the slot on the 2023 calendar and will provide an update in due course, the organisation said in a statement available on its website
The immediate impact of the protests in China should not be overstated. Yet, this is the first sign of cracks in the post-Tiananmen consensus that built 21st-century China
A top official at the World Health Organisation said the UN agency was pleased to see China loosening some of its coronavirus restrictions, saying it's really important that governments listen to their people when the people are in pain. At a press briefing on Friday, WHO emergencies director Dr. Michael Ryan said the organisation was glad to see China adjusting their current strategies in trying to recalibrate their response to COVID-19. Last week, huge protests against the severe COVID-19 restrictions in China erupted in numerous cities, in the biggest show of opposition to the ruling Communist party in decades. We've all had to deal with restrictions of movement, we've all had to deal with having our lives changed and frankly, it's exhausting, Ryan said. The WHO has previously described China's zero-COVID strategy as not sustainable, saying that the super-infectious omicron variant made trying to stop every single case of COVID impossible. Ryan said using imported messenger RNA
The recent wave of protests against China's anti-virus restrictions was a ray of hope for some supporters of Hong Kong's own pro-democracy movement after local authorities stifled it using a national security law enacted in 2020. Thomas So, who joined about a dozen students from the Chinese mainland staging a rare protest this week at the University of Hong Kong, is among them. If mainland China falls apart, I wouldn't say it's none of my business, said So, who held up an electric candle and a blank sheet of paper symbolising defiance against censorship at the protest. When I support the values of democracy and freedom, I hope China will have these too. So hopes that in reopening a window for people to gather and have their voices heard, the protests might auger a fresh chance for Hong Kong's languishing pro-democracy movement. Some in Hong Kong, a former British colony on China's southern coast, sympathize with mainland protesters' calls for greater freedoms after nearly three ye
In the last 7 days, Bitcoin (BTC) rose over 3 per cent and was trading at $16,970 on Friday. Ethereum (ETH) was up nearly 9 per cent and was trading at $1,280