Why Xi Jinping skipped PM Modi’s gala dinner at Brics Summit in Delhi
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
Chinese President Xi Jinping has visited India for the first time in seven years to meet Prime Minister Narendra Modi. The visit comes at a period of significant strain in bilateral relations between the two nations. A former Chinese government adviser told NDTV that Beijing recognizes the need for stability in its relationship with India. The tensions have largely stemmed from an ongoing border dispute and a notable trade imbalance between the two countries.

The Reserve Bank of India has rejected Tata Sons' application to surrender its core investment company (CIC) registration, according to sources. The move effectively blocks the Tata Group's holding company from avoiding a mandatory stock market listing. Tata Sons had sought to relinquish its CIC status as a strategy to sidestep the public listing requirement. With the RBI's refusal, the conglomerate is now expected to proceed toward becoming a publicly traded company.

A merchant ship was struck near the Hormuz Strait, resulting in one fatality and three injuries, according to Iranian authorities. The incident occurred in waters off Hengam and Qeshm islands. The attack takes place amid heightened tensions between Iran and the United States over control and access to the strategically vital waterway. No group has been immediately identified as responsible for the strike.

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