China Financial News

Narendra Modi addressed the 15th BRICS Summit being held at Johannesburg in South Africa. At the meet PM Modi said," I believe BRICS and friendly countries can work together to strengthen a multi polar world'. Further, BRICS leaders announced on Thursday the "historic" admission of six new countries from next year as the club of large and populous emerging economies seeks to reshape the global order.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

ANI, Prime Minister Narendra Modi was seen brief conversation with Xi Jinping before the conference began of the Brazil, Russia, India, China and South Africa (BRICS) Summit. The brief conversation between the two leaders seems like an interesting development in the backdrop of the famously estranged relationship between the two countries following the Eastern Ladakh standoff, that began in 2020 and has failed to reach a solution despite repeated talks among various ranks.

Chandrayaan 3 mission has started a Twitter war after a UK-based news anchor opined that Delhi should not be asking for foreign aid following the successful moon mission. Following which, many infuriated netizens reminded him of the $45 trillion Britain looted from India in the past. It all started after the UK's GB News anchor, Patrick Christys, congratulated India on its moon mission and then asked the country to return the 2.3 billion pounds it got as foreign aid. «I would like to congratulate India on landing on the dark side of the moon. I would also like to invite India to return the 2.3 billion pounds of foreign aid between 2016 and 2021.» He added that the British taxpayer should also withhold the proposed 57 million pounds of foreign aid that the UK set to send to India next year. «We should not be giving money to countries with a space program. As a rule, if you can afford to fire rockets to the dark side of the moon, you shouldn't be coming to us with your handout,» he added.

agricultural products exported to China, according to a statement from Chinese customs officials. South Korea's Prime Minister, Han Duck-soo, announced that import bans on Fukushima fisheries and food products would persist until public concerns were alleviated.

BRICS 2023 summit: UAE President Mohammed bin Zayed Al Nahyan on 24 August said his country looks forward to working with BRICS for the benefit of all. In a post on X, formerly known as Twitter, he wrote, “We respect the vision of the BRICS leadership and appreciate the inclusion of the UAE as a member to this important group.

BRICS - Brazil, Russia, India, China and South Africa: 6 more countries become members. The new members include Argentina, Iran, the United Arab Emirates, Saudi Arabia, Ethiopia and Egypt. South Africa's President Cyril Ramaphosa delivered an address on August 24 and declared the names of the new members while announcing the summit's outcomes.

RecycleKaro, one of the leading players in sustainable and lithium-ion battery recycling has announced plans to establish a Nickel Metal plant with an investment of Rs 100 crore in Maharashtra.

reality, leaders had not yet signed a finalised admission framework, Reuters cited. Speaking on PM Modi introducing new admission criteria, an Indian official, close to the development told Reuters, "India pushed for consensus on criteria as well as the issue of (candidate) names. There was a broad understanding" Bloc heavyweight China has long called for an expansion of BRICS in an attempt to form a multipolar world order to challenge Western dominance.

In this video, we explore the debate surrounding t... moreIn this video, we explore the debate surrounding the environmental impact of hybrid electric vehicles (HEVs) versus battery electric vehicles (BEVs).

TikTok is reportedly planning to ban links to outside e-commerce websites such as Amazon, as it ramps up its shopping platform in the US. The move is seen as a way for the company to force people to use TikTok Shop if they want to purchase an item that they see on the app, reports 'The Information'. According to the report, TikTok Shop is on track to lose more than $500 million in the US this year. «TikTok Shop, the app's nascent shopping service, is expected to lose more than $500 million in the US this year,» said the report, citing sources. The loss reflects TikTok's heavy investment in hiring, building a delivery network and «subsidising merchants that offer double-digit-percentage discounts and free shipping,» the report added. Consumers in the US are spending around $3-$4 million a day on TikTok Shop. The company expects this figure to exceed $10 million by the end of the year. TikTok, the short video platform owned by ByteDance, launched online shopping service TikTok Shop in 2021, starting in Indonesia.

Fukushima Daiichi nuclear power plant says it has begun releasing its first batch of treated radioactive water into the Pacific Ocean — a controversial step, but a milestone for Japan's battle with the growing radioactive water stockpile. In a live video from a control room at the plant Thursday, Tokyo Electric Power Company Holdings showed a staff member turn on a seawater pump, marking the beginning of the controversial project that is expected to last for decades. «Seawater Pump A activated,» the main operator said, confirming the release was underway. TEPCO later confirmed that the seawater pump was activated at 1:03 p.m.

Mahindra Group Chairman Anand Mahindra on Thursday replied to a BBC anchor's questions on if India should really be spending money on space programme of the scale of Chandrayaan-3. The anchor had argued that a lot of Indian population lives under poverty and noted that over 700 million Indian don't have access to a toilet. The BBC anchor could be heard saying, “You know I'm going to have to ask you because some people are thinking about this.

Chandrayaan-3 landing: After successful landing of Chandrayaan-3 on south pole of moon, India has become fourth country in the world to achieve this feat after Russia, US and China. While it is a matter of pride for the entire nation, it has opened some avenue for revenue in future as well. According to experts, Chandrayaan-3 soft landing on moon is quite cheaper in comparison to other countries and it is going to enhance Indian contribution in global space market from around 3 per cent to the tune of 10 per cent in next decade.

European Union and India will try to advance talks on a trade deal this week as the bloc’s demands for strict sustainability requirements have become a key stumbling block. European Commission Vice President Valdis Dombrovskis will discuss the proposed pact with Indian commerce minister Piyush Goyal on the sidelines of a Group of 20 trade meeting in India, as both sides seek to diversify their economies away from China. The EU has a strong interest in sealing the trade deal but the bloc’s sustainability regime is complicating its trade negotiations across a number of countries, people familiar with the matter said. The bloc needs to figure out how to communicate more clearly that green elements in the trade talks are legally required to avoid being labeled as protectionist, the people added. The EU sees part of its mission as using its economic weight to promote green goals globally, but other countries are often reluctant to make those kind of commitments, which has snagged negotiations on a range of trade deals from South America to Asia.

The numbers tell the story. Just before the pandemic, India was spending a paltry 1.2 trillion rupees ($15 billion) on research and development. Since at least 1995, R&D expenditure has remained stuck at around 0.7% of gross domestic product, with less than two-fifths of it coming from the private sector.

Joe Biden slammed Republican candidate Vivek Ramaswamy for calling climate change a hoax. “I’m the only candidate on stage who isn’t bought and paid for, so I can say this," Ramaswamy said, though he caught some shade. “climate change is a hoax … The reality is more people are dying of bad climate change policies than they are of actual climate change." Ramaswamy’s remarks were booed by the crowd and criticised by several leaders including the US president.

India Wednesday on the successful moon landing of Chandrayaan-3 as the country entered the elite club of three other nations — United States, Russia and China — that have a rover on the lunar surface. In the process, India became the first country among the elite group to have its rover on the moon's south pole region, which the Indian Space Research Organisation believes could have traces of water. «Congratulations to India for the historic landing of Chandrayaan-3 on the southern polar region of the moon,» US Vice President Kamala Harris said on X, known as Twitter till recently. «It is an incredible feat for all the scientists and engineers involved.

da Gama and Flamengo with 47 lakh PCVs. The top names in the list include Crew Demo-2 by SpaceX (40 lakh), the K-pop sensation BTS's 'Butter' Official MV (37 lakh) and Johnny Depp v Amber Heard Defamation Trial (35 lakh).

Check the latest updates hereBRICS countries have economies vastly different in scale and governments with often divergent foreign policy goals, a complicating factor for a bloc whose consensus decision-making model gives each member a de facto veto.Bloc heavyweight China has long called for an expansion of BRICS as a means of fostering a multipolar world order to challenge Western dominance."The world ... has entered a new period of turbulence and transformation," China's President Xi Jinping said on Wednesday.

Chandrayaan-3, near the south pole of the moon. The success of India’s third lunar mission makes it only the fourth country to achieve the milestone after the US, Russia and China. As lander Vikram, touched down at the proposed landing site 70 metres near the south pole at 6.04 pm, it marked the culmination of the work of decades by the Indian Space Research Organisation (ISRO), evoking awe and winning plaudits from an array of global and local admirers. “India is on the Moon,” said chairman S Somanath to the sound of resounding cheers that erupted at the Mission Operations Complex (MOX) at Isro’s Telemetry Tracking and Command Network (ISTRAC) in Bengaluru. Terming the moment as “unforgettable,” Prime Minister Narendra Modi, who viewed the landing live from Johannesburg, said, “When we see such a history being made before our eyes, life becomes blessed. Such historical events become the eternal consciousness of a nation’s life.” Noting that India will soon launch the Aditya L1 mission, the prime minister said, “Even the Sun is not far away.” Speaking to the reporters after the monumental achievement, the ISRO chief attributed the success of Chandrayaan-3 to project director P Veeramuthuvel and mission directors M Srikanth and Kalpana K, and M Sankaran, director of the UR Rao Satellite Centre in Bengaluru. As soon as the landing was confirmed, MOX erupted in cheers, handshakes, and smiles.