Striking the biggest deal yet between a Chinese and private Indian company, Anil Ambani, Chairman, Reliance ADAG, of which Reliance Power is a part announced on Thursday that it has given a US$8.3-billion contract to Shanghai Electric Group Co Ltd (SEC) for supply of...
In recognition of not only its zooming economy but also its thrust towards Information technology and research and development, China on Thursday announced the launch of the world’s fastest supercomputer. Usurping America’s title, China said the new system,...
A report on “national competitiveness” recently released by the official Chinese Academy of Social Sciences (CASS), China’s leading think-tank features a detailed comparison of China’s and India’s respective social and economic advantages. The report...
In a deal that seeks to strengthen India-Japan ties and reduce dependence on China for rare earths, India has agreed to provide a long-term, stable supply of rare earth minerals to Japan. In a statement, issued post the two prime ministers meet recently stated,...
Indian Prime Minister Manmohan Singh and Chinese Premier Wen Jiabao will meet in Hanoi, Vietnam on the sidelines of the East Asia Summit on 30 October. The meeting by the two leaders is expected to clear the air over recent skirmishes between the two nations. While...