Diamonds are China’s new best friend and as a result fast becoming a bone of contention between the two nations. India has since years been at the forefront of the world’s diamond business. Age old ties with diamond mining companies in Africa such as De...
Just a week after China and India discussed climate change, food and financial security issues in Brasilia, Brazil with other BRIC nations, the two countries will bring discussions closer home. On Wednesday the eight SAARC (South Asian Association of Regional...
Recognizing the growing influence of developing nations such as China and India, the World Bank Group members on Sunday agreed to give developing countries a larger voice in running the affairs of the institution. The members agreed to bring about a 3.13 percent shift...
Hoping to attract a flood of foreign direct investment to fuel India’s growth projected at 9 percent, Finance Minister Pranab Mukherjee on Friday announced an expenditure heavy union Budget 2010-11. He said the government will spend Rs. 11.09 trillion (US$239...
Even as India levied higher duties on iron ore and cotton, two major raw materials it exports to China, exports to the middle kingdom increased 75 percent during the first quarter 2010. Subsequently Chinese exports to India rose 38 percent during the same quarter....
