India is neglecting bank recapitalisation as it focuses on debt moratoriums and interest waivers for borrowers amid the COVID-19 pandemic, a former central bank official told Reuters on Monday. Indian ... ( read original story ...)
India Detains Chinese Soldier In Disputed Border Region
India said Monday that it had detained a Chinese soldier who strayed across the disputed frontier where the two countries are engaged in a months-long standoff after a series of clashes. The People's ... ( read original story ...)
India Army Apprehends Chinese Soldier Amid Military Standoff
The Indian military says it apprehended a Chinese soldier in the remote Ladakh region, where the two countries are locked in a monthslong military standoff along their disputed mountain border. ( read original story ...)
India needs to export 6 million T sugar as output rebounds: trade body
India needs to export 6 million tonnes of sugar in 2020/21 marketing year started on Oct. 1 as the production is set to jump on higher area, a leading trade body said on Monday. ( read original story ...)
Coronavirus: Has the pandemic really peaked in India?
Has the coronavirus pandemic already peaked in India? And can the spread of the virus be controlled by early next year? A group of India's top scientists believe so. Their latest mathematical model ... ( read original story ...)
With Covid-19 Under Control, China’s Economy Surges Ahead
Exports jumped and local governments engaged in a binge of debt-fueled construction projects. Even consumer spending is finally recovering. ( read original story ...)
China’s Economy Is Almost Over Covid-19
Third-quarter growth slightly missed economists’ estimates of around 5.3%, but China’s economy still has good momentum under the hood. ( read original story ...)
Alibaba Takes on Walmart in China With $3.6 Billion Investment in Hypermarket Chain
The e-commerce giant plans to double its stake in Sun Art Retail Group, which operates more than 480 supermarket-department stores in China under the RT-Mart and Auchan brands. ( read original story ...)
Cyprus economy slows more sharply than expected in Q2
The Cyprus economy slowed more sharply than expected in the second quarter of this year, according to data and a statement released by the Cyprus Statistical Services (Cystat) on Friday. Cyprus GDP ... ( read original story ...)
Continued Chaos Likely For Thai Stock Market
The Thai stock market has moved lower in three straight sessions, sliding more than 40 points or 3.3 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,235-point plateau ... ( read original story ...)