[ad_1]
NEW DELHI: Govt is unlikely to ease investment checks on Chinese companies amid growing calls to review FDI norms as it remains wary of flows from across the border. US President Donald Trump’s tariffs have made it even more alert to the growing threat of Chinese companies and their exports, some of which may be diverted to India and other Asian markets.
Private sector has been pushing the Modi govt to review its investment regime, which was tightened after Covid outbreak in 2020 and the Chinese hostility in Ladakh resulted in a ban on several apps and visa and govt procurement curbs. The clamour for easing the FDI norms has only gone up in the last few days with many experts and commentators arguing that an alliance with countries such as China, especially for technology, will help India navigate the crisis better.
Govt’s concerns are manifold including the opaque nature of ownership of Chinese companies and their close ties with the communist regime and the military. Besides, China’s non-market economy status based on its policies, be it subsidies to manufacturers or loan write-offs, which some in govt view as indirect doles, add to the concern over easing of curbs.
In any case, the regime is seen to be hostile towards India’s bid to gain more manufacturing muscle. While govt has been seeking to attract global giants to set up factories in India, Chinese authorities have often sought to tighten the screws on these companies, whether it is Apple’s top phone makers or small vendors that supply components to the iPhone maker, or other players.
The investment checks through Press Note 3 – that mandates case by case approval for all investment from countries that share a land border with India – also provides govt flexibility in allowing who it wants to allow. In the past, the tool has been used to block EV-maker BYD’s bid to invest $1 billion through a joint venture with Megha Engineering, which later got entangled in the electoral bonds controversy.
Govt sources suspect that some of the noise was being generated by Chinese companies whose bid to expand has been stalled in the absence of govt approvals, prompting them to dilute their equity in favour of Indian entities.
[ad_2]
Source link
About the author
Costume Designer Amritha Ram on designing Kamal Haasan’s unconventional look in ‘Thug Life’: ‘He’s always done what others don’t’ – Exclusive | Tamil Movie News
[ad_1] Amritha Ram discusses her creative journey designing costumes for Kamal Haasan in Mani Ratnam's 'Thug Life.' She highlights the collaborative process with Ratnam, whose precise vision guided the film's unique aesthetic, diverging from typical commercial styles. Ram details the evolution of Haasan's wardrobe across three distinct stages, emphasizing minimalism and character-driven choices, particularly in the Delhi and Nepal looks. Costume designer Amritha Ram has worked with Kamal Haasan on multiple projects, but Thug Life—directed by the legendary Mani Ratnam—offered a creative journey like no other. In this exclusive chat with ETimes, she opened up about building the layered wardrobe for Kamal’s complex character, working closely with Mani Ratnam’s precise vision, and how the film’s aesthetics stand apart from typical commercial fare. Excerpts...What was the most exciting challenge about designing for Kamal Haasan in Thug Life under Mani Ratnam's direction?The […]
If It Happened There: Donald Trump sends central troops to quell protests in opposition-ruled California | World News
[ad_1] Protesters confront police on the 101 Freeway near the Metropolitan Detention Center of downtown Los Angeles, Sunday, June 8, 2025, following last night's immigration raid protest. (AP Photo/Jae C. Hong) Note: The following piece is inspired by Joshua Keating’s If It Happened There which uses tropes and tones normally used by American media to describe events in other countries. The facts presented deal with as much exactitude and accuracy as an American media outlets’ reporting about a foreign country.Los Angeles, Mexican for the city of angels, is home to Hollywood – America’s answer to Bollywood – and a city where starstruck aspirants come with the dream of being immortalised on the silver screen. Yet, the city, which falls under America-administered California, an opposition state which overwhelmingly voted for Mr Donald Trump’s rival from the Democratic Party, Ms Kamala Harris, […]
Apple prepares for new ‘Games’ app as domain goes live ahead of WWDC 2025 keynote
[ad_1] Apple is expected to launch iOS 19 (or rumoured iOS 26) and one of new features that is reported to come is a new Apple Games app. Apple appears to be laying the groundwork for this new application, which is said to curate games from the App Store and Apple Arcade, as a domain purportedly leading to the platform has gone live.As per a report by 9to5mac, the company's new games.apple.com domain has just gone live. However, it is currently displaying a blank page, signaling imminent content.This shift from a "Safari Can’t Find The Server" error message to a blank white page strongly suggests Apple is preparing to push content to the URL very soon, potentially coinciding with the conclusion of the Worldwide Developers Conference (WWDC) keynote.What Apple’s new Games app is all aboutWhile the exact function of the […]
MS Dhoni inducted into ICC Hall of Fame | Cricket News
[ad_1] MS Dhoni, former India cricket captain, has been inducted into the ICC Cricket Hall of Fame, recognizing his extraordinary career spanning 16 years with 17,266 international runs, 829 dismissals and 538 matches across formats for India. The wicketkeeper-batsman revolutionized the sport through his unique playing style, tactical leadership and achievements including winning all three ICC men's white-ball titles as captain. "It is an honour to be named in the ICC Hall of Fame, which recognises the contributions of cricketers across generations and from all over the world. To have your name remembered alongside such all-time greats is a wonderful feeling. It is something that I will cherish forever," Dhoni said about his induction. Dhoni's journey began in 2004 when he made his ODI debut. Though he was dismissed for a duck in his first match, he soon announced his […]
160-million-year-old blue-stain fungi in China found to be harmful to trees |
[ad_1] In a groundbreaking discovery, researchers have uncovered 160-million-year-old blue-stain fungi fossils from the Jurassic Tiaojishan Formation in China. The new findings offer fresh insights into the ecological relationships between blue-stain fungi, plants, and insects during the Jurassic period. These fungi are generally nonfatal to their hosts but often accelerate tree mortality when associated with wood-boring insects.According to ScienceDaily, a Chinese team of scientists highlights the discovery of well-preserved blue-stain fungal hyphae within Jurassic fossil wood from northeastern China, pushing back the earliest known fossil record of this fungal group by approximately 80 million years.Know about the blue-stain fungi, deadly to treesBlue-stain fungi are known for their ability to colonize wood, particularly in conifer trees, causing characteristic discoloration in the sapwood. While these fungi do not decompose wood, they often cause considerable damage when associated with wood-boring insects. Their role […]
America burning: LA reels under anti-immigration protests for third straight day despite Trump’s National Guard order
[ad_1] Multiple Waymo taxis burn near the Metropolitan Detention Center of downtown Los Angeles, following last night's immigration raid protest. (Video credit: X) For the third night in a row, downtown Los Angeles became the epicentre of chaos and confrontation as protests against US President Donald Trump's immigration crackdown boiled over into violence, with police deploying tear gas, rubber bullets, and flashbangs to subdue demonstrators. Protesters set self-driving cars ablaze, blocked the 101 freeway, and clashed with law enforcement late into Sunday night, leaving parts of the city scorched and on edge.The flashpoint came after Trump took the extraordinary step of deploying the National Guard to California without the consent of the state's governor, an act not seen in decades. More than 300 troops arrived over the weekend, with 2,000 authorised and 500 US Marines on standby.Meanwhile, California governor Gavin […]
Related
Costume Designer Amritha Ram on designing Kamal Haasan’s unconventional look in ‘Thug Life’: ‘He’s always done what others don’t’ – Exclusive | Tamil Movie News
[ad_1] Amritha Ram discusses her creative journey designing costumes for Kamal Haasan in Mani Ratnam's 'Thug Life.' She highlights the collaborative process with Ratnam, whose precise vision guided the film's unique aesthetic, diverging from typical commercial styles. Ram details the evolution of Haasan's wardrobe across three distinct stages, emphasizing minimalism and character-driven choices, particularly in the Delhi and Nepal looks. Costume designer Amritha Ram has worked with Kamal Haasan on multiple projects, but Thug Life—directed by the legendary Mani Ratnam—offered a creative journey like no other. In this exclusive chat with ETimes, she opened up about building the layered wardrobe for Kamal’s complex character, working closely with Mani Ratnam’s precise vision, and how the film’s aesthetics stand apart from typical commercial fare. Excerpts...What was the most exciting challenge about designing for Kamal Haasan in Thug Life under Mani Ratnam's direction?The […]
If It Happened There: Donald Trump sends central troops to quell protests in opposition-ruled California | World News
[ad_1] Protesters confront police on the 101 Freeway near the Metropolitan Detention Center of downtown Los Angeles, Sunday, June 8, 2025, following last night's immigration raid protest. (AP Photo/Jae C. Hong) Note: The following piece is inspired by Joshua Keating’s If It Happened There which uses tropes and tones normally used by American media to describe events in other countries. The facts presented deal with as much exactitude and accuracy as an American media outlets’ reporting about a foreign country.Los Angeles, Mexican for the city of angels, is home to Hollywood – America’s answer to Bollywood – and a city where starstruck aspirants come with the dream of being immortalised on the silver screen. Yet, the city, which falls under America-administered California, an opposition state which overwhelmingly voted for Mr Donald Trump’s rival from the Democratic Party, Ms Kamala Harris, […]
Apple prepares for new ‘Games’ app as domain goes live ahead of WWDC 2025 keynote
[ad_1] Apple is expected to launch iOS 19 (or rumoured iOS 26) and one of new features that is reported to come is a new Apple Games app. Apple appears to be laying the groundwork for this new application, which is said to curate games from the App Store and Apple Arcade, as a domain purportedly leading to the platform has gone live.As per a report by 9to5mac, the company's new games.apple.com domain has just gone live. However, it is currently displaying a blank page, signaling imminent content.This shift from a "Safari Can’t Find The Server" error message to a blank white page strongly suggests Apple is preparing to push content to the URL very soon, potentially coinciding with the conclusion of the Worldwide Developers Conference (WWDC) keynote.What Apple’s new Games app is all aboutWhile the exact function of the […]
MS Dhoni inducted into ICC Hall of Fame | Cricket News
[ad_1] MS Dhoni, former India cricket captain, has been inducted into the ICC Cricket Hall of Fame, recognizing his extraordinary career spanning 16 years with 17,266 international runs, 829 dismissals and 538 matches across formats for India. The wicketkeeper-batsman revolutionized the sport through his unique playing style, tactical leadership and achievements including winning all three ICC men's white-ball titles as captain. "It is an honour to be named in the ICC Hall of Fame, which recognises the contributions of cricketers across generations and from all over the world. To have your name remembered alongside such all-time greats is a wonderful feeling. It is something that I will cherish forever," Dhoni said about his induction. Dhoni's journey began in 2004 when he made his ODI debut. Though he was dismissed for a duck in his first match, he soon announced his […]
160-million-year-old blue-stain fungi in China found to be harmful to trees |
[ad_1] In a groundbreaking discovery, researchers have uncovered 160-million-year-old blue-stain fungi fossils from the Jurassic Tiaojishan Formation in China. The new findings offer fresh insights into the ecological relationships between blue-stain fungi, plants, and insects during the Jurassic period. These fungi are generally nonfatal to their hosts but often accelerate tree mortality when associated with wood-boring insects.According to ScienceDaily, a Chinese team of scientists highlights the discovery of well-preserved blue-stain fungal hyphae within Jurassic fossil wood from northeastern China, pushing back the earliest known fossil record of this fungal group by approximately 80 million years.Know about the blue-stain fungi, deadly to treesBlue-stain fungi are known for their ability to colonize wood, particularly in conifer trees, causing characteristic discoloration in the sapwood. While these fungi do not decompose wood, they often cause considerable damage when associated with wood-boring insects. Their role […]
America burning: LA reels under anti-immigration protests for third straight day despite Trump’s National Guard order
[ad_1] Multiple Waymo taxis burn near the Metropolitan Detention Center of downtown Los Angeles, following last night's immigration raid protest. (Video credit: X) For the third night in a row, downtown Los Angeles became the epicentre of chaos and confrontation as protests against US President Donald Trump's immigration crackdown boiled over into violence, with police deploying tear gas, rubber bullets, and flashbangs to subdue demonstrators. Protesters set self-driving cars ablaze, blocked the 101 freeway, and clashed with law enforcement late into Sunday night, leaving parts of the city scorched and on edge.The flashpoint came after Trump took the extraordinary step of deploying the National Guard to California without the consent of the state's governor, an act not seen in decades. More than 300 troops arrived over the weekend, with 2,000 authorised and 500 US Marines on standby.Meanwhile, California governor Gavin […]
Be the first to leave a comment