Govt keeping close watch on dumping: Sitharaman

Last Updated: Friday, September 11, 2015, 22:31

The government is keeping a close watch on dumping in view of recent devaluation of Chinese currency, Commerce Minister Nirmala Sitharaman said Friday.

Yuan devaluation: Sensex fifth largest loser with 7.5% plunge

Last Updated: Friday, September 11, 2015, 18:38

Global markets, including Indian, have been on a downward trend ever since the news of the slowdown in China took centre-stage.

China bank lending falls back in August

Last Updated: Friday, September 11, 2015, 17:08

China`s bank lending retreated in August, the central bank said Friday, after a sharp rise in July when the government directed funds into the stock market.

China to launch new crude oil benchmark

Last Updated: Thursday, September 10, 2015, 17:43

China plans to launch a yuan- denominated international benchmark for crude oil futures this year aimed at the Asian market, an industry source said Thursday.

China to step up fiscal incentives to boost growth

Last Updated: Wednesday, September 9, 2015, 16:39

China will adopt "stronger" fiscal policies to support growth, Beijing said as it seeks to sooth increasing fears about the world`s second-largest economy following turmoil in domestic and overseas markets.

China announces policies to boost financial leasing

Last Updated: Monday, September 7, 2015, 20:43

The Chinese government on Monday rolled out measures on financial leasing following a top-level meeting chaired by Chinese Premier Li Keqiang in August that resulted in the decision to boost the sector to help cash-strapped firms.

China forex reserves decline on currency efforts: Bloomberg

Last Updated: Monday, September 7, 2015, 17:25

China's foreign exchange reserves fell by a record USD 93.9 billion last month, reports said, as Beijing sold dollars to support its own currency following jitters over a sudden devaluation.

China defends Yuan devaluation, sees 'limited' impact

Last Updated: Saturday, August 29, 2015, 15:49

China on Saturday defended the recent revamp of its foreign exchange regime that led to a sharp devaluation of the yuan, calling it a "normal adjustment".

Global turmoil an opportunity for India to overtake China: Foreign Media

Last Updated: Friday, August 28, 2015, 12:46

Seeing an opportunity in the recent turmoil in China's equity and currency markets, Foreign media is saying India can overtake China as the driver of world economy.

'Don't blame yuan devaluation for global market rout'

Last Updated: Thursday, August 27, 2015, 19:37

China`s devaluation of its yuan currency should not be made a scapegoat for the recent global stock market rout, a senior Chinese central bank official told Reuters on Thursday.

'When China sneezes, the world could catch a cold'

Last Updated: Wednesday, August 26, 2015, 11:25

When China sneezes, the world could catch a cold, said a commentary in China`s Xinhua news agency which added that the global economy is closely tied to Chinese performance.

Currency volatility: How it will affect global growth

Last Updated: Wednesday, August 26, 2015, 09:33

Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China`s abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.