Chinese tech major Xiaomi will bring ISRO’s Indian Regional Navigation Satellite System, NavIC technology to its smartphones. The capability has been presently enabled by Qualcomm Technologies Inc on several of their Qualcomm Snapdragon Mobile Platforms and will be made accessible across multiple Xiaomi smartphones in India.
The United States has crossed over China to be India’s top trading partner. The bilateral trade between the US and India stood at nearly 88 billion dollars in 2018-19 fiscal. During the period, India’s trade with China was at 87.1 billion dollars.
The Economist Intelligence Unit has revised downwards its global growth forecast for 2020 to 2.2% from 2.3%. This impact because of Novel coronavirus outbreak in China and also the virus starts spreading globally.
After China, India is ranked as the second largest emerging Green Bond Market by Economic Survey. India also joined IPSF( International Platform on Sustainable Finance ) in 2019 to measure environmentally sustainable investments.
The World Health Organization (WHO) is holding a crucial emergency meeting in Geneva, Switzerland, to discuss the novel coronavirus outbreak in China. The UN body will decide if the outbreak of a new Chinese strain of coronavirus — cousin of the devastating SARS virus — is “a public health emergency of international concern”.
Such a declaration would be significant. It means the WHO thinks immediate and coordinated international action may be needed to contain the infectant, which has caused nine deaths in China and caused hundreds to fall sick across Asia. Cases have been reported in several places outside China, including Japan and the United States. India has already issued a travel warning. Several countries have also started screening travellers from China to detect symptoms of the infection.
China’s Wuhan city is in grip of a new respiratory virus called Novel coronavirus that has killed two people in China and sickened at least 45 persons including overseas cases with some new cases being detected in the city.
The illness has been identified as a new strain of coronavirus, which is in the same family as the deadly severe acute respiratorysyndrome (SARS) and Middle East respiratory syndrome (MERS).
The illness was first reported in late December in Wuhan, in central China. It is not certain that the virus spreads from person to person. Symptoms of coronaviruses can range from fever and coughing to pneumonia with severe effects.
Chinese Ministry of Foreign Affairs has said that the health commissions in China have been notifying people of the latest development and China has been actively notifying the WHO and other relevant international organisations and countries of the infection cases.
In the run-up to 2022 Beijing Winter Olympics, scheduled between February 4 and 20, China has launched a driverless bullet train from the capital city to Zhangjiakou, cutting short the travel time for a 108-mile journey from three hours to just 47 minutes. The train has 10 stoppages including Beijing, Yanqing and Zhangjiakou, which will be close to the venues of the event. The train is capable of running at speeds up to 350km per hour.
Taking about four years to build, the line became operational on December 30. The coaches of the train are equipped with 5G signals, intelligent lighting and 2,718 sensors to get real-time data needed to detect any operational abnormalities. Meanwhile, each seat comes with a touch-screen control panel and wireless charging point.
Considering the requirements of the Winter Olympics, it has larger storage areas accessible by QR codes, a dining car that can be transformed into a media room and removable seats to facilitate wheelchair-bound Paralympians.
The Trump administration formally removed China’s designation as a “currency manipulator” on Monday, offering a major concession to the Chinese government as senior officials arrived in Washington to sign a trade agreement with President Trump.
The Treasury Department released its long-delayed currency report, providing its first public analysis of China’s currency practices since it designated China a manipulator in August. The report noted that China — which Mr. Trump had accused of weakening its currency, the renminbi, to make its goods cheaper to sell overseas — had made important commitments regarding the renminbi as part of the new trade agreement and that its value had appreciated since September.