Tag: China
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HUL looks for alternative supply chain as India-China row hampers trade
Hindustan Unilever started looking for alternative channels for importing raw materials which it earlier acquired from China. In a quick move to avoid any further damage to the company amid rising anti-China sentiment, HUL chairman, Sanjiv Mehta said, “We do have imports from China worth ₹429 crore, including raw material and part packing material. And ... -
PM Modi addresses the nation on ration and caution
The speech comes as at a time when India prepares to head into Unlock 2.0 with more relaxation in restrictions even as cases are on the rise. Prime Minister Narendra Modi addressed the nation at 4 pm yesterday in what was perhaps his shortest speech since the pandemic. He began by saying that in comparison ... -
Who took Chinese money: Congress, BJP trade barbs
The ruling party had accused the Gandhi family of accepting Chinese funds while the Congress hit back with allegations that Chinese firms have been contributing to PM CARES. The past few days have seen tense exchanges between Congress and BJP on who has been taking Chinese money. Earlier in the week, the BJP Law Minister ... -
Rising India-China tension impacts custom clearance with imports piled up at ports
With the rising tensions between India and China, custom clearances for the goods imported from Beijing have been taking longer to pass as Indian custom officers have started manual inspection of each and every consignment after Intelligence promoted an alert. The move has been criticised for it has slowed down the Indian economy, which has ... -
Congress corners the government on China
The Congress party has been having a bitter war of words with the government over the stand-off in Galwan Valley, Ladakh and its handling of the crisis. Ahead of the special Congress Working Committee, party president Rahul Gandhi tweeted a picture of Pangong Lake, clicked by his father Rajiv, asking if China has intruded into ... -
Manmohan Singh’s suggestions to PM Modi amid India-China standoff
Amid the ongoing India-China border dispute, former PM and senior Congress leader Dr Manmohan Singh on Monday released a statement taking a sharp dig at Prime Minister Narendra Modi. Responding to PM Modi’s remarks at an all-party meeting on Friday that ‘no outsider entered the Indian territory’, Dr Manmohan Singh suggested his successor to be ... -
Why India cannot do with Boycott of Chinese goods in current scenario?
Union ministers are rather emotional in the country right now. There is news floating that they intent to ban shops selling Chinese food. Across the nation, there is open boycott and urge to boycott Chinese goods. The country is angry about the way the Chinese troops have picked fights on the Line Of Actual Control ... -
Chinese will attack Indian private companies and media houses
Chinese hackers that have earlier attacked Australian entities and now going all out to hit India through cyber attacks. Confirmed reports are indicating the Chinese cyber attackers are targeting Indian government agencies, media houses, pharmaceutical companies, telecom operators and a large tyre company. This has been confirmed by the cyber intelligence firm Cyfirma that has ... -
Can India shun Chinese products?
The Chinese tilt in Indian markets and convoluted supply chains of which the Chinese are the mainstay can spell difficulty in implementing the call to boycott China. The border clashes in Ladakh’s Galwan Valley, which left 20 Indian army personnel dead, has been met which anger in the rest of the country and the knee-jerk ... -
India China border tension May slow down Domestic manufacturing
According to industry experts, the recent unpleasantness between the Chinese and Indian armed forces is going to have a heavy impact on the Indian manufacturing industry. This is primarily because the tension escalated on the border has led to obvious trade restrictions as well. Experts are of the opinion that this escalating is a ploy ...