China’s devaluation of the Ren Min Bi or peoples currency is expected to have a less than dramatic effect on the Indian economy – the most affected sectors being textiles, metals and chemicals. While the yuan becoming cheaper against the dollar will mean...
The character 月 is the same for moon and month in Mandarin. This comes as no coincidence. Its because China, like India follows the lunar calendar. As a result, the two neighbours celebrate several auspicious days at the same time. Take for example, On the 27th of...
China maybe investing billions in companies worldwide, but its Indians who are controlling these empires. With the recent promotion of Sunder Pichai as the new CEO of Google, three Indian born executives now control companies whose combined revenue exceeds the gross...
India and China’s recent crack down on black money has sent shock waves across the world. With illicit money stocked in banks from Switzerland to Singapore, New Delhi is enforcing strict policies and tighter regulations to bring black money back to Indian...
The Chinese stock market has nosedived loosing US$3.2 trillion or nearly twice the value of the Indian stock exchanges according to Bloomberg. Although Beijing attempted to arrest the free fall over the weekend, by pumping liquidity into the system, the Chinese stock...