China has allowed private firms to issue bonds at a lower interest rate as it looks to provide stimulus to its economy. Companies are, in turn, using them to pay off their debts.
Developing countries reliant on China are taking softer approach to fighting coronavirus as they balance health concerns and the potential economic fallout.
The number is significant as China's GDP expanded to $14.38 trillion from $13.1 trillion in 2018 and stayed above the psychologically important 6% mark.
This is the first meeting of China’s ruling party since February 2018 and President Xi Jinping looks set to solidify control over the party & the country.
With the Chinese economy having expanded threefold since 2008 along with its growing size of domestic market, it will soon join the ranks of technologically advanced countries.
In India, we are accustomed to glacial change. We love appointing Committees to ‘look into’ reform. Unfortunately for us, the rest of the world moves fast.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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