Uday Kotak, Founder & Director, Kotak Mahindra Bank, on Tuesday said India should remain open to Chinese investment and manufacturing partnerships, arguing that the country must diversify its sources of capital beyond the West as global trade tensions and shifting geopolitical relationships reshape investment flows. Speaking at the Bloomberg New Economy Forum 2026 in New … Read more
The government has eased foreign direct investment (FDI) norms for countries sharing land borders with India, including China, by amending Press Note 3 of 2020, government sources said on Tuesday, reported news agency PTI.The decision was approved at a Union Cabinet meeting chaired by Prime Minister Narendra Modi, sources added.Under Press Note 3 introduced in … Read more
India and China have agreed to take a series of measures aimed at strengthening bilateral engagement, the Ministry of External Affairs (MEA) said on Tuesday. The two sides committed to resuming direct flight connectivity between the Chinese mainland and India at the earliest opportunity, while also reviving various dialogue mechanisms and exchanges to enhance cooperation … Read more
It may be another case of the adage: The enemy of my enemy is my friend. Either way, it has come as a welcome surprise for China to see its top global rival, the United States, pick a fight with Beijing’s biggest Asian competitor, India. Relations between Washington and New Delhi are on the fritz … Read more
India and China should be partners contributing to each other’s success and a cooperative “pas de deux” between the dragon and the elephant is the only right choice for the two countries, Beijing said while welcoming PM Modi’s “positive” remarks in a podcast in which he had endorsed signs of a rapprochement in ties since … Read more
Amid expectations of easing curbs on investment from China, finance minister Nirmala Sitharaman on Wednesday said government will maintain checks on FDI in the “national interest,” given the sensitivity in the region. “We want business, we want investments, but we also need some safeguards because India is located in a neighbourhood, which is very, very … Read more
India is likely to ease restrictions on Chinese investment in non-sensitive sectors like solar panels and battery manufacturing where New Delhi lacks expertise and which hinders domestic manufacturing, two government sources said. In 2020, India tightened scrutiny on investments from companies based in China due to military tensions in the remote Himalayan border. The government … Read more
At least one connection opened by Chinese state-sponsored hackers into the network system of an Indian port is still active, even as authorities block attempts to penetrate the nation’s electrical sector, according to the US firm that alerted officials. As of Tuesday, Recorded Future could see a ‘handshake’ — indicating an exchange of traffic — … Read more