At a time when Indian power equipment behemoth Bharat Heavy Electricals Ltd. (BHEL) is loosing ground on its own turf to Chinese equipment makers, Bangalore based Indo-Chinese 65:35 joint venture ALTA-XinTong Solar Tech Pvt Ltd is in the process of finalising a deal...
India’s trade deficit with China yawned even wider during the first four months of 2011, to a higher than expected US$11.4 billion in April as Chinese exports increased. India’s trade deficit with China has grown 13 times between 2004-05 and 2009-10,...
Analysts have long used the scattered number of direct flights a week between India and China to lament the business potential that exists between the two mega emerging nations. So, in response to the +US$60 billion bilateral trade target being met ahead of schedule...
As Obama announced the final rights on Osama bin Laden, India’s factories heeding the monetary policy review for 2011-12 by the Reserve Bank of India for a 50 basis points interest rates raise this week, pulled together to grow for the 25th consecutive month and...
Marking the highest foreign direct investment by a Chinese company into India, China’s largest commercial vehicle maker Beiqi Foton has said that it will invest US$ 380 million (Rs 1,676 crore) for a one-lakh unit per annum plant including fixed assets and...
India and China are no strangers to the Royal wedding of Prince William and Kate that’s expected to commence in a few hours. Indians are known for their flamboyant week-long song and dance extravaganza weddings, while no wedding is ever shy of porcelain China...
