Govt mulls winding up companies with Chinese links

The government is considering winding up companies with Chinese links under the scanner of the ministry of corporate affairs (MCA). While the probe into the companies which have related-party transactions or liabilities like loans availed from banks or other financial institutions will continue, the view has been to wind up the rest for good, sources … Read more

India’s trade with China soared 62% in H1

Bilateral trade in first six months hits $57.48 bn, surpasses pre-pandemic levels India’s trade with China in the first half of 2021 rose by a record 62.7% — the highest increase among China’s major trade partners — with total two-way trade surpassing the pre-pandemic levels. Two-way trade after six months was $57.48 billion, the highest … Read more