China Financial News

purchase restrictions on Thursday to lure buyers and shore up their sagging real estate markets, raising the prospect of other megacities following suit. As of May 9, Hangzhou and Xian will no longer vet the eligibility of potential buyers, the cities' housing authorities said in separate notices, shedding requirements previously imposed to deter speculators and block buyers who are not legal residents of the cities or local tax payers.

Mint looks at the issue and analyses what it could mean for the $4-billion export sector. On 5 April, Hong Kong’s food regulator suspended the sale of MDH spice mixes saying they contain high levels of ethylene oxide, a carcinogenic. Singapore followed suit with Everest, another top Indian spice brand.

Reuters, adding one was injured too. Identifying the victims, the police said that the workers were from Sahiwal in Punjab. Police have taken the injured to the hospital for treatment and started an investigation to arrest the perpetrators.

Adhir Ranjan Chowdhary says, “We have Proto Australoids, Mongoloid class, Negrita class of people. Hai to hai (It is how it is).

did not say anything about Sonia Gandhi, she came from Italy...This is the mindset of the Congress..." It is important to note that Congress leader Sam Pitroda, in an interview with 'The Statesman', while reflecting upon the democracy in India said, “We have survived 75 years in a very happy environment where people could live together, leaving aside few fights here and there. We could hold a country together as diverse as India, where people on east look like Chinese, people on West look like Arab, people on North look like white and maybe people on South look like Africans." Earlier on Wednesday, Prime Minister Narendra Modi criticised the grand old party and asked the Dravida Munnetra Kazhagam (DMK), the key ally of Congress, if it would snap ties with the party.

HD Kumaraswamy said that the Prajwal Revanna case was not small and the accused even if he is powerful should be dealt with seriousness. JD(S) leader HD Kumaraswamy said, «I don't consider this Prajwal Revanna case as a small case. However powerful that person is, he must be dealt with seriousness. I'm the first person to say that the culprit should be dealt with properly.» DK Shivakumar had alleged that HD Kumaraswamy is behind the release of Prajwal Revanna's pen drives.

Lok Sabha polls Phase 3: Amit Shah, Dimple Yadav stand at fate's crossroads "That distinction, I believe, belongs to Tashigang Village in Himachal, at an altitude of 15,256 ft," the industrialist wrote. But Anand Mahindra lauded the efforts of the polling agents. "Huge applause for the intrepid polling agents who carry democracy on their shoulders to the most remote habitations in this country".

₹15,863 crores this month, is a significant current trend in the market. Despite their continued buying, DIIs are not as aggressive as they previously were because of some uncertainty over the election results. It's critical to recognise that, in addition to the high US bond yields there is now another driver driving FII selling.

Xi Jinping is due to meet Hungarian Prime Minister Viktor Orban on Thursday, with the war in Ukraine and infrastructure projects high on the agenda, as he makes his third stop on his first European tour in five years. Xi, who arrived in Budapest late on Wednesday, can expect a warm welcome in a country that is an important partner in trade and investment, in contrast with other EU nations that are considering diversifying from China and becoming less dependent on the world's second-largest economy.

This week European Union leaders, who are threatening tariffs on electric cars, were the latest to scold China about overcapacity. Before she met visiting President Xi Jinping, the bloc’s chief Ursula von der Leyen said she’s hoping for action in the “short term.”

Sensex fell 45.46 points, or 0.06%, to close at 73,466.39, while the Nifty 50 settled flat at 22,302.50. “Consistent selling by FIIs, a mixed set of Q4 results, and lower turnout in the election kept investors wary. We expect the market to consolidate in a broader range amid nervousness surrounding the ongoing Lok Sabha election," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

An appeals court has granted the Hong Kong government’s request to ban a protest song, overturning an earlier ruling and deepening concerns over the erosion of freedoms in the city

Gandhinagar | New Delhi: India is in the «final stages» of negotiations with many countries to work out the modalities of settling trade in Indian rupees, Union home minister Amit Shah told ET in an exclusive interview, adding that this will be a major priority of the new government. «Matters have been put on hold due to elections but let me tell you we are in the final stages in our negotiations with many countries. This will be a priority for us in days to come,» he said in a detailed interview on board his flight back to Delhi from his constituency Gandhinagar, which went to the polls on Tuesday. On US President Joe Biden's remark that countries such as India, China, Russia and Japan were losing out on economic growth because of xenophobia, Shah said he had not seen Biden's comments in detail but pointed to India's growth trajectory over the past decade as evidence of its rising economic profile.

A record 30% of global electricity was generated from renewables in 2023, according to a report released by Ember, a think tank based in London

TikTok and its Chinese parent company, ByteDance, are suing the U.S. government over a law that would ban the popular video-sharing app unless it’s sold to an approved buyer

Anheuser-Busch InBev reported higher-than-expected revenue in the first quarter despite lower sales in the U.S. and China

Stock drifted to a mixed close as Wall Street remains in a lull

‘Looked at myself in mirror and I appeared…’: Himanta Biswa Sarma on Sam Pitroda's 'Chinese, African' remark Sam Pitroda, in an interview to 'The Statesman', while reflecting upon the democracy in India said, “We have survived 75 years in a very happy environment where people could live together, leaving aside few fights here and there. We could hold a country together as diverse as India, where people on east look like Chinese, people on West look like Arab, people on North look like white and maybe people on South look like Africans." As the matter snowballed, PM Modi asked if Congress' key ally DMK will snap ties with it.

Top news of the day: On 8 May, a series of events are set to take place right from politics to business. Sam Pitroda, has sparked a controversy with his statement, saying that people in the South India "look like Africans," those in the East resemble "Chinese".

Toyota, Hyundai, Mercedes-Benz and a host of other global automakers are increasingly turning to Chinese tech giants in a bid to claw back market share in one of the world’s largest—and fastest-changing—auto markets. In recent days, South Korea’s Hyundai Motor and Kia have unveiled plans to work with Chinese internet giant Baidu on mapping and artificial-intelligence technologies for auto-driving and vehicle software systems in China, while Nissan Motor said it would partner with Baidu on AI and Toyota has tapped gaming giant Tencent for help on AI models, cloud services and big data.

Bharatiya Janata Party (BJP) leaders, including Prime Minister Narendra Modi, used Pitroda's statement to corner the Congress party right in the middle of Lok Sabha Elections 2024. Speaking during an election rally in Telangana, the Prime Minister demanded a response from Congress leader Rahul Gandhi, saying that the country "won't tolerate disrespect on the basis of the colour of skin". Finance Minister Nirmala Sitharaman lashed out at Congress leader Sam Pitroda for his ‘racist’ remark, saying it reveals the mindset and attitude of Rahul Gandhi’s mentor.