A day before Foreign Minister SM Krishna's trip, Beijing issued an advisory against travel to India citing protests over the fuel price hike, after New Delhi warned traders against business in Yiwu. ...
02:26 PM, Jun 04, 2012
Beijing: In what is being seen as a tit-for-tat move, China has cautioned its citizens against travelling to India following protests over the increase in petroleum prices, after New Delhi issued advisories warning its traders against doing business in the Chinese commodity hub of Yiwu. An advisory has been posted on the Chinese Foreign Ministry website as well as Chinese Embassy in New Delhi dated June 1 which warned about...
12:31 PM, Jun 04, 2012
Beijing: A Chinese woman has been detained at the commodity hub of Yiwu for kidnapping an Indian trader last week over a debt dispute, after the latter was rescued and sent back home. The woman surnamed Wang and her boyfriend had illegally detained Muhammad Danish Qureshi at Wang's home since last Monday, state-run news agency Xinhua reported quoting local police as saying. Police freed Qureshi, a "purchaser working for an...
11:37 AM, May 26, 2012
Beijing: The US placing restrictions on more than 2,400 items exported to China is the reason for the trade imbalance between the two countries, Chinese Commerce Minister Chen Deming said on Thursday. He said it will be difficult for the two countries to achieve balanced trade if the US continues to maintain control over such a large variety of exported goods. The minister was speaking to journalists on the sidelines...
01:47 AM, May 04, 2012
Mumbai: A Lokhandwala stockbroker shot himself with his licensed revolver at his residence around 10.30 am on Wednesday. According to cops, Rajinder Singh Sodhi (51), resident of Meghdoot Towers, killed himself in the toilet, as he was frustrated with his prolonged illness. Sodhi was infected with meningitis and also had gangrene on his foot, because of which he was unable to move much. Sodhis family members told cops that he...
01:50 PM, Apr 26, 2012
Jammu: Jammu of Kashmir Joint Chamber of Commerce and Industries (JKJCCI) on Monday called on Chief Minister Omar Abdullah and sought his help in addressing issues relating to Cross-LoC trade fraternity. A delegation of the body presented a memorandum of demands relating to the development of industries, trade and commerce in the state with special reference to the matters pertaining to current Cross-LoC trade status. State Finance Minister Abdul Rahim...
04:40 AM, Apr 10, 2012
Ahmedabad: Gujarat-based gems and jewellery traders, who are on strike to protest against excise duty on unbranded gold jewellery, were on Tuesday baton-charged in when they tried to block traffic on busy Sarkhej-Gandhinagar highway, police said. The jewellers also held protests and blocked traffic in major cities like Vadodara, Surat, Rajkot. In Ahmedabad, the agitators who tried to block traffic on SG Highway as part of their 'chhaka Jam' programme...
02:53 PM, Apr 03, 2012
Islamabad: Unidentified armed men kidnapped a Hindu trader in the restive Balochistan province of southwest Pakistan on Sunday, police said. Sham Lal was travelling with his family to Karachi when the armed men intercepted his car in Rashidabad area of Khuzdar district and took him away to an unknown location. Following the incident, the local traders association and Hindu businessmen protested the kidnapping and demanded that authorities should steps to...
08:05 PM, Feb 12, 2012
Beijing: External Affairs Minister SM Krishna on Wednesday met the two Indian traders who were illegally detained by Chinese merchants in December and assured all possible help by the Indian government. The two traders, Shyamsunder Agrawal and Deepka Raheja met Krishna and explained the harrowing time they had during their detention in December. The two who claims to be employees of a firm were detained after the head of the...
09:01 PM, Feb 08, 2012
New Delhi: Home Minister P Chidambaram on Friday said that India's trade with China was booming and there was no reason to envy the country, rather it should be emulated. He said China and India are two large countries and Beijing challenges New Delhi to compete with it on equal terms. "We should not fear competition from China. There is no reason to envy China. If at all, we should...
02:34 PM, Jan 06, 2012
New Delhi: A pro-government Chinese daily has come down heavily against India over the recent incidents involving traders. 'The Global Times' claims that Indian diplomat S Balachandran who fainted in a Shanghai court on Saturday tried to "secretly" take away two detained Indian nationals under the pretence of going to the toilet. The daily also refuted reports of Balachandran being ill-treated by Chinese authorities, accusing the Indian government and the...
08:40 AM, Jan 06, 2012
Mumbai: A two-year-long ordeal finally ended for the families of 12 Indian diamond traders who were held in China on charges of smuggling as the traders returned home on Thursday night. Families and friends welcomed them with sweets and gifts at the Mumbai airport. Indian trader Samir Shah's father Arvind Shah said, "It's Diwali for us today." The relative of a trader Khyati said, "Today every person from the smallest...
06:35 AM, Jan 06, 2012
New Delhi: China on Thursday promised to provide adequate safety to Indians on its soil and said the recent incident in Yiwu will not be allowed to influence age-old friendly ties between the two countries. Giving this assurance to BJP MP Tarun Vijay, Chinese Ambassador to India Zhang Yan promised his best efforts to send back home the two traders who were recently attacked by locals in Yiwu city. "We...
02:46 AM, Jan 06, 2012
New Delhi: The government on Thursday said the two Indian traders, who were holed up in a China hotel and were facing threats following a business dispute, were safe in Shanghai. But their return to India will take time till the commercial litigation is resolved. "The traders are in Shanghai. At this stage the consulate officials are in touch with them," external affairs ministry spokesperson Syed Akbaruddin told reporters here....
01:43 AM, Jan 06, 2012
New Delhi: The government on Thursday said the two Indian traders, who were holed up in a China hotel and were facing threats following a business dispute, were safe in Shanghai. But their return to India will take time till the commercial litigation is resolved. "The traders are in Shanghai. At this stage the consulate officials are in touch with them," external affairs ministry spokesperson Syed Akbaruddin told reporters. He...
08:27 PM, Jan 05, 2012
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