Pak signs deal to handover Gwadar port to Chinese firm

Pakistan and China on Monday signed an agreement to hand over control of the strategic Gwadar deep sea port to a Chinese company, with President Asif Ali Zardari saying the move would give new......

China's plans for S Asia go beyond Pak port takeover

The recent Chinese takeover of Pakistan’s Gwadar port, bringing Beijing right into the heart of the Indian Ocean and within hand-shaking distance of Delhi, can be explained by a......

'China's take over Gwadar port not aimed at India'

China's take over of Pakistan's strategic Gwadar port is not aimed at ‘encircling’ India, but the move is crucial to the country's economic interests as it gives western China access to......

China's Gwadar plunge, and India's confused reaction

The Indian Ocean is where great power politics will be at its most pristine in the coming years, says Harsh V Pant. The Pakistani government last week gave its nod to a proposal for a company owned......

Bloodbath on Dalal Street; Sensex sinks more than 700 points

All the sectoral indices received a battering, with banking, metal, oil and capital goods indices shedding a whopping 3%-4% each. The markets went into a tailspin, with both the Sensex and Nifty......

Indian power expertise to Sudan for oil

Indiahas offered its expertise in the power and the textile industry to Sudan in return for a right to carry out exploration of oil and gas in the east African country. The offer was made Thursday......

Nifty ends above 8,700 at fresh 52-week closing high; RBI policy eyed

Benchmark indices ended at fresh 52-week closing highs led by rate-sensitive shares ahead of the RBI monetary policy review tomorrow while better-than-expected US jobs data led to a rally in......

S Korean firms to double investment

Korea Inc is all set to double its investments in India over the next two years, its head honchos have told industry associations in closed-door meetings. So far, Korean companies have invested......