Category: Business
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BRICS Forum: Om Birla Calls For Collective Fight Against Terrorism; Suggests Measures
Lok Sabha Speaker Om Birla on Wednesday said that BRICS countries need to intensify their collective fight against terrorism which poses the biggest threat to humankind. Birla virtually addressed the meeting of the 6th BRICS Parliamentary Forum and stated that the funding of all terrorist activities must be stopped immediately and the conditions that are…
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China’s Thailand Scam
Thailand, a country known for its pristine beaches, enchanting landscapes and tourism-friendly services, had been facing a dire financial and reputational threat from the Chinese tour operators. These Chinese operators follow the illicit practice of enticing Chinese tourists to low-cost packages and later force them to shop at inflated prices from their allied shops in…
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Are food imported from China safe?
As the pandemic compelled the world to look eastwards and into its deep dungeons, a new issue was boiling underneath the chaos; how safe is the food that is being imported from China? With hundreds of videos that are doing their rounds across several platforms , showing the condition of the wet markets in China…
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India-China standoff at border reason for rise of Indian Economy
The tense relations due to border standoff between China and India led to a campaign by Indian traders to boycott Chinese products and Indian authorities mulling higher trade barriers. In terms of global value chains, India is looking to create its own industrial base and alternate global value chain, introducing many preferential policies, economic stimulus…
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India rattles the dragon by stamping on its economic tail
As the Chinese troops continue to occupy Indian Territory illegally along the Line of Actual Control, India has banned more Chinese apps, making clear its intention that it is committed to further decouple with China economically. The move is a double-edged sword which will cause losses to China as well as offer opportunity for India…
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A tough road ahead for Huawei
China’s ambitious plan of dominating the technological sphere faces huge resistance from global leaders. UK taking the lead announced that its telecom networks would not be allowed to buy new Huawei 5G kit from 31 December and all such equipment should be stripped out of mobile networks by 2027. Huawei was founded in 1987 in…
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The risk of trading with China
Many metrics indicate that China is now the largest economy in the world. China even claims that its economy is stronger than ever, and growing after recovering from the damage done by the pandemic as the rest of the world continues to battle the Chinese-origin virus. The unique authoritarian brand of capitalism practiced by the…
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In the name of Tourism, China’s strategy to loot Nepal
The COVID has plunged global economy into deep recession. The countries around the world are restructuring economic reforms or issuing bailout packages to revive economies. With no breakthrough in sight for the vaccine, the countries dependent on service industry and tourism that are staring at dark future. One such country in India’s neighbourhood is Nepal,…