Search results for ' Shanghai'

China buckles under global pressure, hints at relaxing Covid curbs

China buckles under global pressure, hints at relaxing Covid curbs

Rediff.com29 Nov 2022

Seeking to address international concerns, foreign ministry spokesman Zhao Lijian said China has been adjusting the zero-COVID policy based on the changing circumstances.

China defends Covid policy, downplays protests as country logs 40K fresh cases

China defends Covid policy, downplays protests as country logs 40K fresh cases

Rediff.com28 Nov 2022

China's national health commission said 39,452 new cases were reported on Monday, including 36,304 local asymptomatic cases, as authorities scrambled to contain the fresh surge in infections.

In phone call to Ukraine president, Modi emphasises on N-safety

In phone call to Ukraine president, Modi emphasises on N-safety

Rediff.com4 Oct 2022

Prime Minister Narendra Modi spoke with Ukrainian President Volodymyr Zelenskyy on Tuesday and asserted that there can be no military solution to the Ukraine conflict, while also underlining that endangerment of nuclear facilities could have catastrophic consequences.

Bengaluru outstrips Beijing, Shanghai in tech VC funding in 2021

Bengaluru outstrips Beijing, Shanghai in tech VC funding in 2021

Rediff.com14 Jan 2022

With $18.6 billion in investments, Bengaluru made it to the top-five leading VC funding hubs across the world in 2021 - following San Francisco Bay Area, New York, Greater Boston Region and London. However, it outstripped Beijing ($13.6 billion) and Shanghai ($13.4 billion). Global tech VC investment into start-ups hit a record level of $675 billion in 2021, doubling the previous all-time high of $340.6 billion in 2020, a report by London & Partners and dealroom.co.

Parathas During The Shanghai Lockdown

Parathas During The Shanghai Lockdown

Rediff.com7 Jun 2022

'When a young Indian family who had recently moved into my locality found out that I live here, the lady volunteered to send food; she said that since she was going to cook for three people anyway, she had no problem cooking for me as well.' 'Thanks to her kindness, I get one home-cooked meal every day.'

Jiang Zemin: A Chinese Leader Like None Other

Jiang Zemin: A Chinese Leader Like None Other

Rediff.com1 Dec 2022

When Jiang Zemin traveled, as you can see in the photographs here, a Kodak Moment was never far away.

Markets tumble nearly 1%; Sensex tanks 509 points

Markets tumble nearly 1%; Sensex tanks 509 points

Rediff.com28 Sep 2022

Benchmark indices ended nearly 1 per cent lower on Wednesday, tracking a weak trend in global markets and continuous foreign fund outflows. The 30-share BSE Sensex fell 509.24 points or 0.89 per cent to settle at 56,598.28. During the day, it tanked 621.85 points or 1.08 per cent to 56,485.67. Similarly, the broader NSE Nifty declined 148.80 points or 0.87 per cent to end at 16,858.60.

Markets end in red; Sensex down 391 points

Markets end in red; Sensex down 391 points

Rediff.com13 Oct 2022

Mixed earnings and not so encouraging macroeconomic data dented sentiment, Ajit Mishra, VP - Research, Religare Broking Ltd said. In twin blows to Indian economic revival, higher food prices drove retail inflation to a five-month high of 7.4 per cent, while factory output fell for the first time in 18 months. The second consecutive month of rise in consumer price index (CPI)-based inflation will add to the pressure on the Reserve Bank of India (RBI) to again raise interest rates to tame high prices. In the broader market, BSE Midcap declined 0.73 per cent while smallcap dropped 0.45 per cent.

Modi to attend 3 key sessions at G20 summit in Bali

Modi to attend 3 key sessions at G20 summit in Bali

Rediff.com13 Nov 2022

The prime minister will leave for the Indonesian city of Bali on Monday on a three-day visit to attend the summit that is expected to deliberate extensively on pressing global challenges including the Ukraine conflict and its implications.

Markets in free fall; Sensex tanks 954 points

Markets in free fall; Sensex tanks 954 points

Rediff.com26 Sep 2022

Benchmark indices fell sharply on Monday, with the Sensex and Nifty tumbling nearly 2 per cent each amid weak global market trends and foreign fund outflows. Falling for the fourth straight day, the 30-share BSE Sensex tanked 953.70 points or 1.64 per cent to settle at 57,145.22. During the day, it plummeted 1,060.68 points or 1.82 per cent to 57,038.24.

'West uses quotes that suit them': Russia on Modi's remark to Putin

'West uses quotes that suit them': Russia on Modi's remark to Putin

Rediff.com24 Sep 2022

During a meeting with Putin in Samarkand, Modi had told the Russian leader that "today's era is not of war".

Markets end in red; RIL, HDFC twins top drags

Markets end in red; RIL, HDFC twins top drags

Rediff.com10 Oct 2022

Equity indices chalked up losses for the second straight session on Monday, in tandem with a bearish trend overseas as ratcheting up of hostilities in Ukraine and prospects of further rate hikes by the US Fed soured global risk sentiment. The rupee slipping to another all-time low against the US dollar amid foreign fund outflows added to the gloom, traders said. After tumbling over 800 points in intra-day trade, the 30-share BSE Sensex clawed back some lost ground to end 200.18 points or 0.34 per cent lower at 57,991.11.

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Rediff.com23 Sep 2022

Investors' wealth eroded by over Rs 4.90 lakh crore on Friday amid a sharp fall in equities. The 30-share BSE Sensex tanked 1,020.80 points or 1.73 per cent to settle at 58,098.92. During the day, it tumbled 1,137.77 points or 1.92 per cent to 57,981.95. The market capitalisation of the BSE-listed firms plummeted by Rs 4,90,162.55 crore to Rs 2,76,64,566.79 crore on Friday.

Markets tumble nearly 2%; Sensex tanks 1,021 points

Markets tumble nearly 2%; Sensex tanks 1,021 points

Rediff.com23 Sep 2022

Equity indices fell sharply by nearly 2 per cent each, extending their decline for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex tanked 1,020.80 points or 1.73 per cent to settle at 58,098.92. During the day, it tumbled 1,137.77 points or 1.92 per cent to 57,981.95.

Sensex down 337 points post Fed rate hike

Sensex down 337 points post Fed rate hike

Rediff.com22 Sep 2022

Equity indices fell on Thursday, mirroring weak global market trends following the US Federal Reserve's interest rate hike and hawkish stance. The 30-share BSE Sensex declined 337.06 points or 0.57 per cent to settle at 59,119.72. During the day, it tanked 624 points or 1.04 per cent to 58,832.78. The NSE Nifty went lower by 88.55 points or 0.50 per cent to end at 17,629.80.

Markets end in red; Sensex falls 263 points

Markets end in red; Sensex falls 263 points

Rediff.com21 Sep 2022

Equity indices ended lower on Wednesday amid mixed global market trends ahead of the keenly awaited US Fed interest rate decision. The 30-share BSE Sensex fell 262.96 points or 0.44 per cent to settle at 59,456.78. During the day, it tanked 444.34 points or 0.74 per cent to 59,275.40. The NSE Nifty went lower by 97.90 points or 0.55 per cent to end at 17,718.35.

Sensex jumps 579 points; Nifty up over 1%

Sensex jumps 579 points; Nifty up over 1%

Rediff.com20 Sep 2022

Equity indices ended higher for the second straight session on Tuesday, with the Nifty rallying over 1 per cent, helped by across-the-board buying and recovery in the US and Asian markets. Foreign fund inflows also added to the momentum. The 30-share BSE Sensex climbed 578.51 points or 0.98 per cent to settle at 59,719.74.

Markets bounce back; Sensex climbs 300 points at close

Markets bounce back; Sensex climbs 300 points at close

Rediff.com19 Sep 2022

Benchmark indices bounced back on Monday after a three-day fall, largely helped by buying in banking counters. After a weak beginning, the 30-share BSE Sensex recovered the lost ground and ended 300.44 points or 0.51 per cent higher at 59,141.23. During the day, it climbed 436.76 points or 0.74 per cent to 59,277.55. The NSE Nifty went higher by 91.40 points or 0.52 per cent to close at 17,622.25.

Modi Set To Use G20 Presidency For Domestic Use

Modi Set To Use G20 Presidency For Domestic Use

Rediff.com29 Nov 2022

Modi on the global stage always comes across as a statesman, counselling peace and amity to world leaders even as his policies at home hurt certain sections, explains Virendra Kapoor.

US media praises Modi for 'rebuking' Putin over Ukraine war

US media praises Modi for 'rebuking' Putin over Ukraine war

Rediff.com17 Sep 2022

The Modi-Putin conversation in Samarkand was widely carried by the mainstream American media.

Modi, Xi come face-to-face for first time since Galwan clashes

Modi, Xi come face-to-face for first time since Galwan clashes

Rediff.com17 Sep 2022

The summit is also being attended by Pakistan Prime Minister Shehbaz Sharif, Iranian President Ebrahim Raisi and leaders of several central Asian countries.

India takes over SCO rotating presidency

India takes over SCO rotating presidency

Rediff.com17 Sep 2022

Uzbek President Shavkat Mirziyoyev chaired the 22nd SCO summit in Samarkand which was attended by Prime Minister Narendra Modi.

Why Putin told Modi, 'Can't wish you happy birthday in advance'

Why Putin told Modi, 'Can't wish you happy birthday in advance'

Rediff.com16 Sep 2022

"I would like to wish India all the best. I also know that tomorrow, my dear friend, you are about to celebrate your birthday. "As per the Russian tradition, we never offer Congratulations in advance. So, I cannot do that right now," Putin said.

Modi Ignores Xi in Samarkand

Modi Ignores Xi in Samarkand

Rediff.com16 Sep 2022

It is the first time that Modi and Xi came face-to-face since the Chinese People's Liberation Army occupied Indian territory in Ladakh in April 2020.

Sensex tanks 1,093 points; closes below 60K

Sensex tanks 1,093 points; closes below 60K

Rediff.com16 Sep 2022

Benchmark indices faced severe drubbing on Friday, with the Sensex and Nifty falling nearly 2 per cent each amid feeble global market trends. Foreign fund outflows and fears of recession in the global economy have dented investor sentiments. Falling for the third day in a row, the 30-share BSE Sensex tanked 1,093.22 points or 1.82 per cent to settle at 58,840.79.

SCO should stage major sporting event, says Putin

SCO should stage major sporting event, says Putin

Rediff.com16 Sep 2022

Russian President Vladimir Putin told a summit of the Shanghai Cooperation Organisation (SCO) on Friday that the group should consider staging its own major sporting competition.

Putin laughs as Pak PM struggles with headphones at SCO meet

Putin laughs as Pak PM struggles with headphones at SCO meet

Rediff.com16 Sep 2022

A video shows that Shehbaz was asking an aide for help, however even after the aide's assistance, his headphones dropped once again.

Modi reaches Samarkand, to meet Putin; no confirmation on meeting Xi

Modi reaches Samarkand, to meet Putin; no confirmation on meeting Xi

Rediff.com16 Sep 2022

Prime Minister Narendra Modi on Thursday left for the Uzbek city of Samarkand to attend the Shanghai Cooperation Organisation (SCO) summit that will also see the participation of Russian President Vladimir Putin, Chinese President Xi Jinping and Iran's Ebrahim Raisi among other top world leaders.

IT, pharma stocks drag Sensex down by 413 points

IT, pharma stocks drag Sensex down by 413 points

Rediff.com15 Sep 2022

Benchmark indices Sensex and Nifty gave up early gains to close in negative territory on Thursday dragged down by IT and pharma stocks which fell amid fears of recession in the global economy. The 30-share Sensex opened higher and rose further to touch a day's high of 60,676.12 on gains in auto and capital goods shares. However, it gave up all early gains and later closed 412.96 points or 0.68 per cent lower at 59,934.01.

Modi to attend SCO meet with Putin and XI Jinping

Modi to attend SCO meet with Putin and XI Jinping

Rediff.com15 Sep 2022

Modi is visiting Uzbekistan at the invitation of President of Uzbekistan Shavkat Mirziyoyev.

SPOTTED! Xi Jinping Out Of China At Last!

SPOTTED! Xi Jinping Out Of China At Last!

Rediff.com15 Sep 2022

After the outbreak of the pandemic in the country he has ruled with an iron hand in recent years, Xi Jinping, general secretary of the Communist party of China, has mostly stayed put in Beijing.

Rate hike fears spook investors; Sensex ends down 224 points

Rate hike fears spook investors; Sensex ends down 224 points

Rediff.com14 Sep 2022

Benchmark Sensex declined 224 points on Wednesday, snapping its four-session winning streak, mainly due to sell-off in IT and pharma counters amid rising concerns over possible aggressive interest rate hikes to tame high inflation. The 30-share index rebounded more than 1,200 points from the early lows before settling at 60,346.97 points, a total loss of 224.11 points or 0.37 per cent compared to Tuesday's closing level. The broader NSE Nifty closed lower 66.30 points or 0.37 per cent at 18,003.75 points.

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Rediff.com30 Sep 2022

Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projected inflation coming under control from January next year. A strong recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex soared 1,016.96 points or 1.80 per cent to settle at 57,426.92. During the day, it rallied 1,312.67 points or 2.32 per cent to 57,722.63.

Sensex rose 456 points to close at 60,571

Sensex rose 456 points to close at 60,571

Rediff.com13 Sep 2022

Benchmark Sensex rallied 455 points and Nifty rose more than 133 points to close above the key 18,000-mark for the first time since April on Tuesday as foreign institutional investors continued to be bullish on the domestic market. Continuing its rally for the fourth straight session, the 30-share Sensex rose 455.95 points or 0.76 per cent to close at 60,571.08 points. The broader Nifty climbed 133.70 points or 0.75 per cent to settle at 18,070.05 points. Previously, the Nifty had closed above the 18,000-mark on April 4 this year.

Sensex pares early gains, ends own 188 points

Sensex pares early gains, ends own 188 points

Rediff.com29 Sep 2022

Benchmark indices failed to hold on to early gains and closed in the red for the seventh straight session on Thursday, with participants remaining in wait-and-watch mode ahead of the RBI's interest rate decision. Unabated selling by foreign funds added to the pressure, though a modest recovery in the rupee cushioned the fall, traders said. After rallying in early trade, the 30-share BSE Sensex came under selling pressure in the afternoon session and closed 188.32 points or 0.33 per cent lower at 56,409.96.

Sensex rises 322 pts to close above 60,000 mark

Sensex rises 322 pts to close above 60,000 mark

Rediff.com12 Sep 2022

Benchmark BSE Sensex rose by about 322 points to close above the 60,000 level on Monday tracking gains in banking, IT and energy stocks amid positive global equities. The 30-share barometer closed higher by 321.99 pts or 0.54 per cent at a three-week high of 60,115.13, as 21 of the index constituents closed in the green. After a strong opening, the index touched a day's high of 60,284.55 and a low of 59,912.29.

Modi to visit Uzbekistan to attend SCO Summit

Modi to visit Uzbekistan to attend SCO Summit

Rediff.com11 Sep 2022

The summit will be attended by leaders of SCO member states, observer states, Secretary General of the SCO, Executive Director of the SCO Regional Anti-Terrorist Structure (RATS), President of Turkmenistan and other invited guests, a Ministry of External Affairs statement said.

Blinken hails Modi's Ukraine remark, says US could not agree more

Blinken hails Modi's Ukraine remark, says US could not agree more

Rediff.com28 Sep 2022

Speaking at a joint press appearance with External Affairs Minister S Jaishankar in Washington, DC, Blinken said that the US tried everything possible to avert the Ukraine conflict through diplomacy.

China sees rare protest against Xi, rigid Covid policy but govt says no rollback

China sees rare protest against Xi, rigid Covid policy but govt says no rollback

Rediff.com13 Oct 2022

Photos circulating in social media on Thursday showed two banners hung on an overpass of a major thoroughfare in the northwest of the Chinese capital, protesting against Xi's unpopular zero-COVID policy and authoritarian rule.

Covid runs rampant in China as govt seems absent

Covid runs rampant in China as govt seems absent

Rediff.com26 Dec 2022

One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.