Why it's tough to break the China habit

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THE ECONOMIC TIMESDaily Newsletter Thu, Jul 02, 2020 | 04:02 PM IST

#ImpactOfTrumpVisaBan#AllAboutH-1BVisa#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day The firms packing up their bags from China aren't coming to India Of the 56 firms that moved bases from China in 2018-19, Vietnam got 26, Taiwan 11, Thailand 8 and India 3. ... India may not be able to let go of China that easily If elected, will revoke H1-B visa suspension: Joe Biden Little FDI from China since last year A Chinese firm is now leading the virus vaccine race China hopes India corrects actions against Chinese cos IndiGo to give 25% discount on airfare to doctors, nurses Pak rejects reports of troop deployment along LoC

Debate This Is an app ban enough for China? Economically damaging China may be next to impossible for India, given its dependence on its northern neighbour in sectors from pharma to telecom. Banning apps may be a token of India's will to impose economic costs on China in the event of Beijing persisting with its unilateral moves on the LAC. But confronting the superpower in cyberspace is of little use unless it can be followed up with large-scale efforts to ramp up local manufacturing.

SENSEX 35843.70 429.25 NIFTY 50 10551.70 121.65 USD/INR 75.01 -0.59

Top Gainers NSE 6 companies (largecap) appreciated more than 5% Motherson Sumi 6.75% M&M Financial 6.69% More from Gainers Top Losers NSE 1 company (largecap) price decreased more than -3% HPCL -3.24% More from Losers

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Calling Paytm a Chinese app is absurd: PhonePe CEO Nigam, who runs Walmart-owned PhonePe spoke about digital payment boom in India while taking a swipe at Mobikwik and... Rating firms seek to withdraw half of India debt ratings Maruti launches vehicle lease subscription service Bezos's wealth tops pre-divorce record at $171 bn India is going after squatters next India crosses nine million COVID-19 tests Now save contacts on WhatsApp using QR codes Masayoshi Son has a new problem to handle Modi seeks private money to run India's trains

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Top Slideshow Audi Q5 coming soon to India Top Video Sensex 429 pts higher; Nifty above 10,550

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India refuses to rescue aviation billionaires

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THE ECONOMIC TIMESDaily Newsletter Wed, Jul 01, 2020 | 05:23 PM IST

#ImpactOfTrumpVisaBan#AllAboutH-1BVisa#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day India refuses to rescue aviation billionaires Modi's administration hasn't doled out funds to industries or airlines backed by private businesses.... Gold prices hit all-time high of Rs 48,871 Airtel to sell around 25% in Nxtra to Carlyle Coronil: Patanjali says didn't claim cure for Covid What a 2nd wave of virus will cost the world Ambani's not getting a walkover in this game Boiler blast in Tamil Nadu leaves many dead, injured China's outcry over apps ban & its own Great Firewall

Debate This Is an app ban enough for China? Economically damaging China may be next to impossible for India, given its dependence on its northern neighbour in sectors from pharma to telecom. Banning apps may be a token of India's will to impose economic costs on China in the event of Beijing persisting with its unilateral moves on the LAC. But confronting the superpower in cyberspace is of little use unless it can be followed up with large-scale efforts to ramp up local manufacturing.

SENSEX 35414.45 498.65 NIFTY 50 10430.05 127.95 USD/INR 75.60 0.08

Top Gainers NSE 5 companies (largecap) appreciated more than 5% Axis Bank 6.54% Bank of Baroda 5.76% More from Gainers Top Losers NSE 1 company (largecap) price decreased more than -3% Adani Green Energy Ltd. -4.99% More from Losers

More From our Partners Join discussion with experts - How to tackle challenges in an organisation, post pandemic What measures these successful organizations are taking in their own businesses to create a culture of empathy & problem solving using design thinking.

The trade war with China has a clear winner. It's not India Bold reforms will be needed if India has to make its position as the next best alternative. ... How to ban an app in India Pakistan part of the move China is making? Trump's order leaves many US workers stuck in India India's factory activity shrinks for 3rd straight month Maruti Suzuki sales drop slows in June at 53.7% June GST collections stand at Rs 90,917 crore App ban won't impact your Chinese phones, for now India's June jobless rate falls to 11%: CMIE Power consumption dips to 9.74 pc to 106.48 BU in June

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Top Slideshow A billionaire, B'wood & future of football Top Video Sensex gains 499 pts, Nifty tops 10,400

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TikTok banned, what's next?

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THE ECONOMIC TIMESDaily Newsletter Tue, Jun 30, 2020 | 04:31 PM IST

#ImpactOfTrumpVisaBan#AllAboutH-1BVisa#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day AC & TV parts next on India's purge list? Unlike duty hikes, which are across board, licensing can allow for import from select countries.... India's ban on Chinese apps: What next? Why was TikTok banned in India but PUBG was not? Trump visa freeze endangers Indian IT's talent model Lopinavir-ritonavir ineffective in Covid, finds study Petrol, diesel prices go for pause, relief likely ahead 'Shed the flab.' Boris Johnson tells Britons The mutual fund middleman is dead

Debate This Indian economy would have crumbled anyway, covid or not Optimism, if any, about the state of the economy at this point is difficult to explain. There is little ammo left with the govt after the reforms it tried to execute in the recent past didn't exactly restart the economic engine. The decline in India's fortunes actually started quite a while ago; the virus struck an economy with pre-existing conditions.

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Top Gainers NSE 8 companies (largecap) appreciated more than 3% IDBI Bank 5.00% Bosch 4.23% More from Gainers Top Losers NSE 1 company (largecap) price decreased more than -5% Trent -5.57% More from Losers

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View: Why China model doesn't suit the Indian genius Once the Modi government puts away the Chinese ghost from its political imagination, then it will be able to counter ... TikTok gets banned, CarryMinati has the last laugh Mystery of stock rallies after investor meets 4% of China's gold reserves may be fake: Report A tax googly for wealthy Indians in Dubai Troubled Atlas finally finds a Hero Mukesh Ambani is a step closer to sealing his Future in retail

More From our Partners This company is cajoling all curd lovers with its innovation The latest offering from the brand takes innovation to a new level.

Top Slideshow Here comes Railways' special milk train Top Video Sensex drops 46 points, Nifty ends flat

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