Taking over the pharmaceutical trade world by storm, Chinese and Indian drug makers now manufacture more than 80 percent of the active ingredients in drugs sold worldwide. With complex and expensive patents increasingly used to treat cancer, diabetes and other...
Even as an increasing number of Indian states and politicians tour China in a bid to scour up investments, India has allowed local companies to borrow up to US$1 billion in the Chinese currency within the US$30 billion ceiling on foreign borrowings for this fiscal...
Sometimes reports that reiterate and drive the same point home after a while, make a lot more sense especially when viewed in context to a constantly changing global scenario. The fact that India’s trade deficit with China is growing, and that it fails to check...
The exact quantum of US debt outstanding is estimated to be around US$ 15 trillion, following the US downgrade by Standard & Poor’s (S&P) from AAA to AA+ earlier this week. Foreign countries own nearly US$ 4.5 trillion of this amount and the emerging...
With India-China bilateral trade jumping ahead year on year leaping towards the targeted US$100 billion mark by 2015, India is also stepping up expansion plans of ports on its Eastern coast. A very short, much more convenient route than across the Himalaya’s and...
In a startling revelation, FDI inflows into China were four times the FDI inflows into India during 2010. Also, while China rose to fifth rank in global investment outflows, India notched up to 20th position. According to the World Investment Report 2011, released by...
