China's Country Garden Progressing Smoothly on $100 Billion Malaysia Project
Chinese Response to US Tariffs: Analysis
The ongoing trade tensions between the United States and China have prompted significant speculation regarding China's potential response to US tariffs. Treasury Secretary Janet Yellen has indicated that a substantial Chinese reaction could be on the horizon, heightening concerns about the escalating trade dispute between the world's two largest economies. This development comes amidst a backdrop of geopolitical complexities and economic uncertainties, with implications for global markets and industries, particularly in the renewable energy sector.
As the Biden administration continue..
Biden's Tariffs Signal U.S. Trade Policy Shift
In a significant move signaling a strategic shift in U.S. trade policy, President Joe Biden has announced new tariffs targeting a range of Chinese clean tech exports. This move comes amidst a backdrop of increasing tensions between the world's two largest economies and a growing emphasis on decarbonization efforts globally.
The escalation of tariffs, particularly on goods such as Chinese electric vehicles and solar cells, underscores Biden's aim to address both climate change and the need to reduce dependency on Chinese manufacturing. While some may view these tariffs as primarily symb..
India allocates Rs 20 million per km for China border road construction
The Vibrant Village Program (VVP), which had been approved by the government on February 15, 2023, aimed at improving infrastructure and settlement stability along the border between India and China. It was stated that the goal of that project was to enhance the lives of people in 2,967 villages spread out over 46 border blocks in 19 districts in Arunachal Pradesh, Himachal Pradesh, Sikkim, Uttarakhand, and Ladakh. It was further mentioned that the main objective of the VVP was to deter people from leaving border towns, elevate living standards, and bolster border security by maintaining a pop..
Q4 profit: Keystone Realtors' profit falls 60%
A 60 % fall was seen in realty firm Keystone Realtors Ltd net profit to Rs 0.3 billion for the March quarter. Last year in the same period. The company?s net profit stood at Rs 0.76 billion.
In addition, total spending increased to Rs 7.81 billion from January to March of the previous fiscal year from Rs 2.71 billion the previous year. In the fourth quarter of the most recent fiscal year, total income increased to Rs 8.26 billion from Rs 3.57 billion during the same period the previous year.
The company's net profit increased to Rs 1.12 billion in the 2023?24 fiscal year from Rs..
Brookfield India Real Estate Trust will acquire a 50% stake
50% of the four Grade A assets from Bharti Enterprises (Bharti) will be acquired by Brookfield India Real Estate Trust (BIRET) as per an agreement between the two. The 3.3 million square feet of commercial real estate included in the deal have an enterprise value of about Rs 60,000 million. The whole equity payment for the 50% interest would be satisfied by giving Bharti first dibs on BIRET units, which are valued at Rs 300 each. After that, Bharti will retain an 8.53% ownership position in BIRET, making it the second-largest unitholder.
The portfolio of properties consists of the op..