Biden Signs $280 Billion CHIPS Act to Boost US Chipmakers
US President Joe Biden has signed a USD 280 billion bipartisan bill to boost domestic high-tech manufacturing. A crucial part of his economic agenda, the...
Tag : China
India Seeks to Oust Chinese Companies from sub-$150 Phone Market
India looks to restrict Chinese smartphone makers from selling devices cheaper than 12,000 rupees (USD150). This is in pursuance of stimulating its faltering domestic industry....
EU, China to Hold Trade Talks Amid Rising Tensions
The European Union and China will hold high-level economic and trade talks on Tuesday amid tensions over a range of issues, including the war in...
Argentina, Iran Applies to Join BRICS Group of Emerging Countries
On Monday, an Iranian official said Iran has applied to join the emerging economies known as BRICS. Iran’s foreign ministry spokesman said Iran’s participation in...
Reliance Buys 15 million Barrels of Russian Oil
Reliance Industries Ltd, the operator of the world’s largest refinery, has ordered at least 15 million barrels of Russian oil since Russia invaded Ukraine in...
Sri Lanka Gets $300-$600 Mn from World Bank for Economic Crisis
Sri Lanka will receive between $300 million and $600 million from the World Bank over four months to buy medicines and other necessities. The country’s...
US Plans Semiconductor Alliance With Taiwan, South Korea, and Japan
The US has proposed a semiconductor industry alliance between the United States, Taiwan, South Korea, and Japan to stop China from gaining dominance in the...
Vikram Solar Files IPO Papers With SEBI
On Friday, domestic module manufacturer Vikram Solar filed draft papers with market regulator Securities and Exchange Board of India (SEBI) to raise funds through an...
Chinese Foreign Minister Arrives in India
Chinese Foreign Minister Wang Yi arrived in India on Thursday evening after the relations fell under some severe stress due to the eastern Ladakh standoff...
China Targets Boost in Power Capacity By 2025
China is targeting a considerable increase in power capacity in the next five years as it wants to make sure energy security while reaching long-term...