Chinese soldier breaches LAC, held by Indian Army

Chinese Soldier

Amid rising tensions between India and China, a Chinese soldier breached the Line of Actual Control (LAC) and entered the Indian territory after which he was nabbed by the Indian soldiers. The Indian Army has captured this Chinese soldier around the Demchok area of Ladakh on Monday. The Indian Army has identified the Chinese soldier as Corporal Wang Ya Long. The Indian Army provided the People’s Liberation Army (PLA) Soldier with necessary medical attention, warm clothes, food, and oxygen to protect the soldier from rough climatic conditions and its effects…

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India bans import of air conditioners with refrigerants

Air-conditioner

On Thursday, The Central Government banned the import of air-conditioners with refrigerants. In order to encourage and promote domestic manufacturing, eliminating imports of non-essential products, this move has been executed. Earlier on October 15th, The Director-General of Foreign Trade (DGFT) issued a notice which mentioned that the policy of importing air conditioners with refrigerants is amended and now stands prohibited. The imposed ban on air-conditioners with refrigerants applies for both window and split versions. Minister of Commerce & Industry, Mr. Piyush Goyal has approved the decision to prohibit these products…

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Automotive companies pondering contract manufacturing to raise utilization ratio

Contract Manufacturing

Due to declining sales for over two consecutive years and predictions of recovery of the Auto-sector taking more than three years, the vehicle makers are now exploring options of contract manufacturing to utilize the idle capacities of the manufacturing units. In order to earn a profit, the Auto-makers need to utilize at least 70 percent of their total manufacturing capacity. Last financial year, before the outbreak of the pandemic, the auto-companies utilized less than 60 percent of their total available manufacturing capacity. To boost the utilization ratio, Auto-sector companies such…

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India, Japan ink security pact

India and Japan

On Wednesday, India and Japan finalized a cybersecurity deal to strengthen the digital and cyber system security. The deal aims to make the cyber operations robust and resilient against attacks. This move comes weeks after both the countries completed a logistics support pact for closer operations between their militaries. After thirteen rounds of Indo-Japan strategic dialogue conducted in Tokyo, a joint statement by Indian Foreign Minister S Jaishankar and Motegi Toshimitsu of Japan stated that both the countries are keen to make the Indo-Pacific region free, open, inclusive, and premised…

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Gold, Silver prices continue to decline in the Indian market

Gold

The prices of Gold and Silver have continued to decline sharply in Indian Markets. Today on MCX, Gold futures lowered 0.4% to ₹49,460/10 gram, continuing its a downfall from last week. Whereas, Silver too declined about 1% to ₹58,473/Kg. The Indian market of Gold and Silver took a heavy blow last week when the prices of these metals were lowered sharply. Gold prices in the country declined about ₹2000/10 gram while Silver prices were lowered by ₹9000/kg last week. Comparing the price of Gold to that of August 7th, it’s…

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India willing to reconsider the ban on TikTok after US-Bytedance come to an agreement

India willing to reconsider the ban on TikTok

As ByteDance, the parent of the TikTok Inc, is believed to have finalized an agreement with the United States Of America to sell it’s stakes to the American giants, Walmart and Oracle, reports suggest India may reconsider it’s ban if TikTok Inc. wants to discuss the matters with the government. Recently, this famous app and few other Chinese apps were banned in the country over concerns on data privacy and security as the relations between the two Asian countries got tense over skirmishes on the Indo-China LAC. As per the…

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India bans 118 more apps which also include PUBG

PUBG

In a familiar power flex by the Indian government, PUBG along with several other Chinese apps lose Indian markets. On Wednesday, in the aftermath of conspicuous activity on the border that spark fresh friction between India and China, the Indian government decides to axe yet another set of apps, including the widely popular game PUBG. A total of 118 apps got axed by the Indian government as the Ministry of Information and Technology banned decided to ban them. The banned mobile applications are prejudicial to the sovereignty, integrity, defence of…

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World’s Biggest Covid-19 vaccine study starts as the US begins trials that include 30,000 people.

Covid

While the pandemic has slowed down the pace of the world dramatically, the world now steps up to implement major retaliatory efforts. In order to beat the pandemic, scientists from all around the world are trying their best to come up with a vaccine that protects people from the virus.  The world’s biggest Covid-19 vaccine got underway on Monday as 30,000 planned volunteers stepped up to these trials to shots which are created by the US government. The US happens to be one of the many countries in the race…

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India China to meet on Ladakh stand-off tomorrow regarding the pullback expedition.

Indian Army

India and China have been locking horns at the borders for over a month now, and during times like these, this does not seem to be such a good thing to focus national attention towards. In order to expedite a pullback on the borders, India and China will discuss on Friday. This discussion will be around ways to build on the disengagement process – a process started this week after National Security Advisor Ajit Doval conversed with Chinese Foreign Minister Wang Yi.  Friday’s meeting will be of the Working Mechanism…

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The situation gets intense along the LAC with full army deployment

Indo-Chinese

Things have been politically tense along the Indo-Chinese border as there have been reports of Chinese invasion into Indian borders. This issue garnered nationwide attention when Indian soldiers lost lives in the Galwan area. Along the 3488 km-long Line of Actual Control, both Indian and Chinese armies stand fully deployed on the Galwan Sector.  Since the Galwan Incident, the Chinese People’s Liberation Army is continuing to send troops inside the Indian borders. The Indian army is also on standby as a part of the response in the Tibet region and…

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