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CHINA DEVELOPMENT BANK DEPARTMENT
Who is Guo Wengui? 10 things to know about the exiled Chinese billionaire sentenced to 30 years in US prisonGuo Wengui, the Self-exiled Chinese businessman, has been sentenced to 30 years in prison for orchestrating a massive fraud scheme. Prosecu...- China's Meituan says new AI model trained on domestic chipsChinese tech giant Meituan has unveiled LongCat-2.0, a new AI model comparable to Google's Gemini 3.1 pro. This marks a significant achieve...
- Zee Entertainment gets govt nod for Rs 418-cr investment from Invesco fundZee Entertainment has secured a significant Rs 418 crore foreign investment from OFI Global China Fund LLC, marking the fund's return after...
- Global Market: PBOC keeps new overnight repo rate at 1.25%, pumps in 600 billion yuanChina's central bank significantly boosted liquidity, injecting 600 billion yuan via overnight reverse repos, doubling Monday's debut. This...
- Stocks in news: Bajaj Auto, ZEE, BPCL, HDFC Bank, HUL, Tata Motors CVIndian markets saw a subdued trading session on Monday, with key indices declining due to mixed global signals and profit-taking. Several p...
- HDFC Bank appoints former financial services secretary Rajiv Kumar as new Non-Executive ChairmanHDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The ba...
- Indian envoy holds talks with senior Chinese commerce ministry official on trade tiesIndian Ambassador Vikram Doraiswami met a senior Chinese Commerce Ministry official to boost trade and commercial cooperation. The discussi...
- Global Market: China's central bank expands liquidity toolkit with first-ever overnight reverse reposChina's central bank has introduced overnight reverse repo operations for the first time, injecting 300 billion yuan to manage liquidity. T...
- Why clean land records are key to India's property marketStates are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transac...
- China emerges as key growth driver for India's frozen shrimp exports; US remains top market in FY26India's frozen shrimp exports soared to a record high in FY 2025-26, driven by robust demand from China, which emerged as a significant gro...
- Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
- China strips generals, ex-financial regulator, politburo member of lawmaker postsChina's top legislative body has removed six military lawmakers, including a key figure in the space program, and a former financial regula...
- India swings to premium on price retreat; China demand mutedIndian gold markets are seeing a premium return after a price dip, with buyers cautiously re-entering despite affordability concerns. This ...
- Bangladesh urges China to reduce trade gapBangladesh's Prime Minister Tarique Rahman urged China to reduce the trade gap and diversify exports during his Beijing visit. He sought su...
- US lawmaker introduces bill to require AI companies to report critical incidentsThe draft legislation, introduced by U.S. Representative Nathaniel Moran of Texas, would mandate AI companies to report to the U.S. Commerc...
- RBI opens term money market to AIFIs, housing finance companiesThe Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them...
- US lawmaker proposes bill to require AI companies to report critical incidentsA new bill, the AI Incident Reporting Act, is set to be introduced by Congressman Nathaniel Moran, mandating AI developers to report danger...
- RBI draft allows AIFIs, HFCs to borrow from call moneyThe Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housing finance companies (HFCs) to borr...
- China's 360 says it has developed tools to match Anthropic's MythosChina's 360 Security Technology has launched 'Yitian Tulong,' a direct competitor to American AI vulnerability detection systems like Anthr...
- US Stock Market: Warsh to face lawmakers in key semiannual policy testimony on July 14Federal Reserve Chair Kevin Warsh is set to deliver his inaugural semiannual monetary policy address to Congress on July 14. This crucial a...
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