Years after Indian telecom operators have been opting for cheaper telecom equipment from China to boost operational revenues in the booming sector, the Indian Department of Telecommunications (DoT) on Wednesday tightened rules for telecom equipment. The new move,...
The world constantly measures the temperatures of the Chinese and Indian economies to assuage the general health of the global economy, so a slight cooling down this summer has sent shivers worldwide. According to recent industrial data released by both...
As the summer heat takes its toll on the largest energy consumer, China has decided to raise electricity prices for industrial, agricultural and commercial users in 15 provinces effective June 1st. The new tariff will see users paying an average of 1.67 yuan...
China has imposed a 7 percent and 15 percent customs duty on Indian Guar gum which is used across the textile, paper, explosive, pharmaceutical, cosmetic, food and medical industries. At the same time, India has decided to extend its anti-dumping duty of up to...
The Chinese economy, like the porridge in Goldilocks is either too hot or too cold, never just right. Economy and financial soothsayers do predict a rough season for China, as inflation booms, electricity fizzes out of control, trade tensions tantalize and the...