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Hu focuses on economic cooperation with Pak

 Broadening the focus of China's "all weather friendship" with Pakistan with agreements on defence collaboration and economic tie-ups, President Hu Jintao wrapped up his four-day visit on Sunday by......

The Struggle over Oil

 China and India are currently the engines of world economic growth. But India is still a minor part in the worldwide competition for scarce resources. China has become the world's second-largest......

Prices of white goods rise third time in 2021

 Manufacturers of consumer durable goods have hiked prices for the third time this year as they struggle with rising commodity costs. Illustration: Uttam Ghosh/Rediff.com The latest hike is likely......

Haier sees India as production hub

 India is set to emerge as the manufacturing hub for Chinese consumer durables maker Haier's exports to the neighbouring markets and African region. Logistically, it makes sense to make India the......

Localised lockdowns worry home appliance, auto firms

 Durable goods companies and retailers say online sales won't compensate for the fall in offline sales. *IMAGE: A customer with his family at an electronics and appliances shop. Photograph:......

Over 2 years post Covid, consumer firms see strong festival sales

 The festival season has already begun in the west and south of India with Ganesh Chaturthi and Onam, respectively, and consumer companies are witnessing a pick-up in sales compared to pre-Covid......

Haier India acquires Daewoo Anchor

 As a part of its localisation strategy, the $13.9 billion Chinese consumer durables major, Haier's Indian operations on Friday announced the acquisition of Daewoo Anchor Electronics in India.......

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