China Financial News

17th Lok Sabha, the Left parties, part of the opposition INDIA bloc, are engaged in a do-or-die battle in this general elections after hitting an all-time low tally in the 2019 polls. The Left parties, prominent among which are the Communist Party of India (Marxist), Communist Party of India, Communist Party of India (Marxist-Leninist) Liberation, Revolutionary Socialist Party and the All India Forward Bloc, have witnessed a steep decline in their electoral performance over the last two decades. For the CPI(M), its status as a national party is also at stake with its shrinking footprints. Here is a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis of the Left parties as they fight to hold ground in the Lok Sabha polls.

₹6 crore car. "Humaari Range thodi si badh gayi (Our range has increased a little)," he wrote as he introduced his new Range Rover SV to the followers. In the photo, the actor is seen with his pet pooch 'Katori' in the boot of the new car.

Zomato has received a goods and services tax (GST) penalty notice from Gujarat's Deputy Commissioner of State Tax, ‘an order for FY2018-19 pursuant to the audit of GST returns and accounts’. According to a regulatory filing to the stock exchanges, the demand order has been received in respect of excess availment of input tax credit and short payment of GST.

TikTok displayed a notification to some U.S. users on Friday, urging them to call their senators and ask them to vote no to a bill that would ban the popular short-form video app if it is not divested from Chinese tech company ByteDance. «Tell your Senator how important TikTok is to you. Ask them to vote no on the TikTok ban,» the notice said, which allowed users to enter their zip code to locate their senator's phone number.

By Jonathan Stempel

Kerala's Pathanamthitta constituency is set to vote in the Lok Sabha elections soon, with the Election Commission very close to announcing a date for the polls. This year's elections will likely see a tight contest in the Congress stronghold. Pathanamthitta is a newly formed constituency in the Central Travancore region of Kerala. In what is set to be only the fourth election in this specific constituency, the Communist Party of India, the Congress and the BJP are going to fight it out to place a member in the 18th Lok Sabha. Pathanamthitta Lok Sabha Elections 2024: Dates The scheduling of the Lok Sabha elections in Pathanamthitta is garnering significant interest with early reports placing likely poll dates between April-May. The eagerly awaited voting date for the Kerala constituency in the 2024 Lok Sabha election will pretty soon be disclosed by the Election Commission.

EV makers to test the Indian market while they make up their minds on local manufacturing. This was a sticking point in negotiations with Tesla, which wanted import duties lowered as a precondition to investing in the country. GoI was clear that it would not permit dumping of cars manufactured in China.

(This March 14 story has been refiled to fix a spelling error in the CEO's last name throughout the story)

Tencent Holdings' online payment platform Tenpay boosting its registered capital to 15.3 billion yuan ($2.13 billion), according to a central bank statement on Friday. The approval will make Tenpay the non-bank payment institution with the highest registered capital in China, Chinese state-backed media outlet The Paper said.

Chinese satellites failed to reach a planned orbit on their way to the moon after experiencing abnormalities, a rare setback for Beijing's high-profile space programme. The satellites, known as DRO-A and DRO-B, were launched on Wednesday evening from the Xichang Satellite Launch Centre in the Sichuan Province, the launch centre said in a press release on Thursday. They were carried by A Yuanzheng-1S (Expedition-1S) upper-stage aircraft, attached to a Long March-2C carrier rocket, it said.

At the discussion on 'India & Indo-Pacific: Threats and Opportunities', held as part of the India Today Conclave 2024, the Army chief was asked a range of questions in the context of China's growing influence in the region and the future preparedness of the army «if the situation along the LAC escalates». The eastern Ladakh border standoff erupted on May 5, 2020, following a violent clash in the Pangong Lake area.

Nissan and Honda have announced they will work together in developing electric vehicles and auto intelligence technology, sectors where Japanese automakers have fallen behind

Since its inception, TikTok has been intended only for non-Chinese markets, unavailable in mainland China

Shares have retreated in Europe and Asia after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon

Former Treasury Secretary Steven Mnuchin says he’s going to put together an investor group to buy TikTok after the House passed a bill that would ban the popular video app in the U.S. if its China-based owner doesn’t sell its stake

China published a set of rules on Friday that would tighten scrutiny over stock listings, public companies and underwriters, as regulators ramp up efforts to revive investor confidence. Regulators will vet initial public offerings (IPOs) more closely, crack down hard on securities fraud, and encourage listed firms to increase dividend payouts and buy back shares.

Foreign spies are lurking everywhere! So says the Chinese government. Officials were ruffled by the CIA’s claim, made last year, that it was rebuilding its spy networks in China a decade after most of its sources disappeared. But China’s reaction seems defined more by paranoia than vigilance.

Investing.com-- Gold prices moved little in Asian trade on Friday as stronger-than-expected inflation data spurred more fears that the Federal Reserve will signal higher-for-longer interest rates at an upcoming meeting. 

It's one thing for financial sector regulators to promote prudence by flagging signs of excessive speculation in any area of the securities market; it's quite another to label a class of shares as inherently risky. A class of shares includes various individual companies, some of which might become the next Infosys, Kotak Mahindra Bank, or ITC.

Chinese automakers seeking global growth are building more car factories in overseas markets, as foreign regulators mull imposing measures against imports of China-made electric cars. Chery Auto is holding talks with the Italian government to manufacture there, Reuters reported on Wednesday. Should the talks succeed, Chery would be among the first Chinese automakers with a European manufacturing presence. The growing clout of China car exports has been causing friction with the U.S. and Europe. Here's what Chinese automakers are planning:

By Liangping Gao and Ryan Woo