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Joe Biden holds bilateral meeting with Chinese President Xi Jinping in San Francisco

Joe Biden holds bilateral meeting with Chinese President Xi Jinp...

Thu, Nov 16, 2023

US President Joe Biden on November 16 held a bilateral meeting with China President Xi Jinping in San Francisco in the USA. The meeting was held on the sidelines of the Asia-Pacific Economic Cooperation (APEC). The purpose behind the meeting was for both sides to make efforts to increase high-level communication amid continued tensions.

Chinese President Xi Jinping Arrives in San Francisco for Crucial Talks with Biden

Chinese President Xi Jinping Arrives in San Francisco for Crucial...

Wed, Nov 15, 2023

Chinese President Xi Jinping arrived in San Francisco. This marked the commencement of his first visit to the United States in six years. Jinping is due to meet US President Joe Biden at an undisclosed location in the San Francisco Bay Area. He will also attend the annual summit of the Asia Pacific Economic Cooperation (APEC) forum.

US stock market falls drastically, S&P 500 falls by 7%

US stock market falls drastically, S&P 500 falls by 7%

Mon, Mar 09, 2020

Trading was halted this morning on the major stock exchanges after the S&P 500 fell by 7%, one of the so-called circuit breakers to block an absolute market path.

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How China can help India take a giant leap in Artificial Intelligence

How China can help India take a giant leap in Artificial Intelligence

Mon, Apr 02, 2018

Measured by start-up financing deals and dollars from venture capitalists, the United States` AI start-up ecosystem currently dominates -- followed by China, says a recent Accenture analysis titled "Rewire for Growth". When it comes to India, the number of AI start-ups has increased since 2011 at a compounded annual growth rate of 86 per cent .

US-China Trade War: From pork to fruit, Beijing slaps tariffs on 128 US products

US-China Trade War: From pork to fruit, Beijing slaps tariffs on 128 US products

Mon, Apr 02, 2018

China`s tit-for-tat move comes after US President Donald Trump announced to impose trade charges of up to $60 billion on Chinese imports on March 22 and did not revoke them despite Beijing`s stern warning. The Customs Tariff Commission of the State Council has decided to impose a tariff of 15 per cent on 120 items of products imported from the US including fruits and related products, and a tariff of 25 per cent on eight items of imports including pork and related products from the country, according to a statement posted on the ministry website

Not afraid of trade war but this is not our objective:US

Not afraid of trade war but this is not our objective:US

Mon, Mar 26, 2018

Last week, Donald Trump initiated a series of actions against unfair trade practices of China, including taking steps to impose additional tariffs on a number of Chinese items amounting to USD 60 billion. The US has trade deficit of USD 500 billion per annum. China has said it would retaliate

China says ready to defend its interests in US trade spat

China says ready to defend its interests in US trade spat

Sat, Mar 24, 2018

The call between Mnuchin and Liu, a confidante of President Xi Jinping, was the highest-level contact between the two governments since U.S. President Donald Trump announced plans for tariffs on up to $60 billion of Chinese goods on Thursday. The escalating tension sent shivers through financial markets as investors foresaw dire consequences for the global economy if trade barriers start going up

US drags China to WTO on discriminatory technology licensing requirements

Fri, Mar 23, 2018

The United States today dragged China to the World Trade Organisation, accusing it of unfair technology practices that run counter to the WTO rules. The US Trade Representative, Robert Lighthizer, filed a request for consultations with China at the WTO to address Beijing's discriminatory technology licensing requirements.

China vs US: After Donald Trump picks up trade weapons, Dragon sends fiery message

China vs US: After Donald Trump picks up trade weapons, Dragon sends fiery message

Fri, Mar 23, 2018

Alarm over Trump`s protectionist leanings mounted earlier this month after he imposed hefty import tariffs on steel and aluminium under Section 232 of the 1962 U.S. Trade Expansion Act, which allows safeguards based on "national security".

From Wall Street to weed: How the financial crisis lit up the pot industry

From Wall Street to weed: How the financial crisis lit up the pot industry

Tue, Mar 20, 2018

Companies in the U.S. marijuana market posted revenues of approximately $6 billion in 2017, a 500 percent increase from the roughly $1 billion in 2011, according to estimates from Marijuana Business Daily, a trade publication.

Indian techies targeted in US: Anti H-1B posters plastered across San Francisco metro stations

Indian techies targeted in US: Anti H-1B posters plastered across San Francisco metro stations

Tue, Mar 20, 2018

The Progressives for Immigration Reform which has bought advertisements worth USD 80,000 for the San Francisco's Bay Area Rapid Transit (BART) stations and trains, argues that their purpose is to create awareness about the misuse and abuse of the US H-1B visa. The campaign started on March 15, and would last till April 1 and receiving "amazingly positive" response from the users of BART, Kevin Lynn, director of the Washington Dc-based Progressive for Information Reform told PTI

India cannot retaliate in global trade war: Assocham

India cannot retaliate in global trade war: Assocham

Sun, Mar 18, 2018

Assocham said said as far as India is concerned, even if we want to retaliate we cannot do it without pain since our imports are of essential nature. So, the best course would be to keep engaged with the major trading partners, without aligning ourselves too much into a single bloc, it said. The industry lobby suggested that in cases where exports are affected, India must engage bilaterally and use the channel of the World Trade Organisation

US fumes the most against India over this prickly point making

US fumes the most against India over this prickly point making

Sat, Mar 17, 2018

The comment from White House came, days after President Donald Trump publicly raised the issue of high import duty by India on motorcycles at least three times in a month and threatened a reciprocal duty on Indian imports. Insisting that the Trump Administration has been clear for a free, fair and reciprocal trade, a White House official said that there has been concerns raised about the trade deficit with India

Donald Trump predicts tremendous success in talks with Kim Jong Un of North Korea

Donald Trump predicts tremendous success in talks with Kim Jong Un of North Korea

Sun, Mar 11, 2018

United States President Donald Trump believes that the upcoming groundbreaking talks with North Korean leader Kim Jong Un will be a "tremendous success". "I think North Korea is going to go very well, I think we will have tremendous success...

How Donald Trump’s tariffs morphed from ‘no exemptions’ to carve-outs

How Donald Trump’s tariffs morphed from ‘no exemptions’ to carve-outs

Sat, Mar 10, 2018

People familiar with the shift say Trump`s mind was changed by a furious last-ditch lobbying campaign from the Canadian government, Republican lawmakers, business groups and the United Steelworkers

Lamborghini unveils new Huracan Performante Spyder

Lamborghini unveils new Huracan Performante Spyder

Wed, Mar 07, 2018

The new Huracan Performante Sypder features a soft-top roof, which, according to the brand, opens in just 17 seconds up to a driving speed of 50 km per hour.

Global corruption perception index ranks Indian at 81st

Global corruption perception index ranks Indian at 81st

Thu, Feb 22, 2018

Every week at least one journalist is killed in a country that is highly corrupt

Hyundai likely to launch its electric car in India by 2019

Hyundai likely to launch its electric car in India by 2019

Wed, Jan 31, 2018

India’s second largest car maker, Hyundai Motor India Pvt Ltd plans to launch its first electric car in India by 2019, a year earlier than arch rival Maruti Suzuki India Ltd plans to enter the segment, reports Livemint.

2 Indian-American innovation pioneers inducted into Inventors Hall of Fame

2 Indian-American innovation pioneers inducted into Inventors Hall of Fame

Mon, Jan 29, 2018

Paulraj and Mitra along with 13 other innovation pioneers would be formally felicitated during the innovation industry's most highly anticipated event "The Greatest Celebration of American Innovation" on May 2-3 organised in partnership with the US Patent and Trademark Office.

Trump proposes to end visa lottery; favours skilled workers

Trump proposes to end visa lottery; favours skilled workers

Fri, Jan 26, 2018

Trump has been against diversity visa as he believes that this does not attract the best and the brightest to the US.

Amazon Web Services opens third Availability Zone in Asia-Pacific

Amazon Web Services opens third Availability Zone in Asia-Pacific

Wed, Jan 24, 2018

In a bid to support the rapid expansion of the AWS customer base in the Asia-Pacific region, Cloud major Amazon Web Services (AWS) on Wednesday announced the opening of a third "Availability Zone" in Singapore.

Oil near three-year highs on output cuts despite rising North American rig count

Oil near three-year highs on output cuts despite rising North American rig count

Mon, Jan 15, 2018

Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America.

Canada's WTO complaint against US could scuttle NAFTA: Expert

Canada's WTO complaint against US could scuttle NAFTA: Expert

Fri, Jan 12, 2018

The WTO revealed on Wednesday that Canada had filed a complaint last month accusing the US of unfairly imposing countervailing and anti-dumping duties, not only on Canadian softwood lumber but also on goods from many other countries.

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