It is known that the shares of various banks all over the world saw a dip due to Covid-19. In this situation, People’s Bank of China bought over 1.75 Crore shares of Indian private bank HDFC and this turned into a sensation. With this transaction, People’s Bank of China’s stake raised from 0.8% to 1.01% in HDFC.
Indian Government found it to be a threat as China is using the Covid-19 crisis to purchase more assets in India to gain dominance in the country. There is a chance for China to control Indian organizations in future due to these moves. To put a check at China’s moves, India passed a new rule that any country sharing the boundary with India should get Government’s approval before investing in any entity owned by Indian citizen or is situated in India.
The rule applies to China, Pakistan, Bangladesh, Nepal, Myanmar, Afghanistan, etc. Among all these nations, India’s focus is to restrict China’s investments in India. This moves helps the nation to safeguard its future.
Amidst the enthusiastic cheers of Malla Reddy Engineering College students, the second single of hero…
"Kalki 2898 AD" is creating quite a buzz as the most awaited visual spectacle of…
This friday another four new movies hit theaters yesterday. These included Telugu films like "Aa…
It is known that the Election Commission had already ordered political parties to refrain from…
Vijay Deverakonda is celebrating his 35th birthday on the 9th of May and there is…
It is known that the teaser of Hari Hara Veera Mallu was unveiled by the…