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Only a drunkard would accept these terms: Tanzania President cancels 'killer Chinese loan' worth $10 bn

Only a drunkard would accept these terms: Tanzania President cancels 'killer Chinese loan' worth $10 bn

Tanzania President John Magufuli has cancelled a Chinese loan worth $10 billion signed by his predecessor Jakaya Kikwete to construct a port at Mbegani creek in Bagamoyo over terms and conditions that, he said, beat the logic. Magufuli said that the terms of the Chinese loan agreement could only be accepted by a drunken man.His predecessor, Jakaya Kikwete had signed the deal with investors to build the port on condition that they will get 30 years to guarantee on the loan and 99 years uninterrupted lease, according to local media reports.Another shocking demand made by the Chinese and...

April 23, 2020
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Delhi Police question NewsClick journos amid China funding allegations; UAPA sections invoked

Delhi Police question NewsClick journos amid China funding allegations; UAPA sections invoked

Delhi Police's Special Cell has formed a list of at least 25 questions for the detained journalists in the China funding case, said sources on Tuesday. However, there was no official confirmation regarding the detention of journalists whose houses were raided by the police teams in the early hours of Tuesday.As per sources, the questions pertain to anti-CAA protests at Shaheen Bagh, farmers protest, North East Delhi riots and even details of their foreign travels.Over 30 locations were raided by the Special Cell in connection with allegations that the media outlet NewsClick received funding...

Oct 3
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Diplomatic Tension Continues: India tells Canada to withdraw 41 diplomats, threatens to revoke their immunity after Oct 10

Diplomatic Tension Continues: India tells Canada to withdraw 41 diplomats, threatens to revoke their immunity after Oct 10

Citing people familiar with the Indian demand, it further reported that India has threatened to revoke the diplomatic immunity of those diplomats who have been told to leave and still remain in the country after October 10. Reportedly, Canada has 62 diplomats in India, a number that India wants to reduce significantly.Currently, India wants to reduce the number by 41. However, the foreign ministers of both nations are yet to issue any statement on the development. However, on Friday, Indian Foreign Minister S Jaishankar said that in Canada there was a climate of violence and an atmosphere...

Oct 3
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India needs to scale up solar energy capacity to meet its renewable goals, report says

India needs to scale up solar energy capacity to meet its renewable goals, report says

As the entire world is sailing towards a sustainable future by steadily pursuing the energy transition journey, a new analysis has said that India needs to scale up its solar power capacity by at least 36 percent a year for at least the next half-decade to meet its energy mix goals. In its recent report, UK-based energy think tank Ember said that Asia's second-largest economy should also upgrade its solar power plants to deal with the intermittent nature of renewable energy sources. The report added that India should also require better storage solutions to...

Oct 3
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India asks Canada to withdraw 40 diplomats by Oct 10, ties worsen further: Reports

India asks Canada to withdraw 40 diplomats by Oct 10, ties worsen further: Reports

India is learnt to have told Canada to withdraw around 40 diplomats from the country by October 10 amid worsening ties between the two nations, according to reports.The reports have said that New Delhi has conveyed to Canada that if the diplomats are not withdrawn by the deadline, they will lose their diplomatic immunity. There are more than 60 Canadian diplomats posted in India.Last month, after Canadian Prime Minister Justin Trudeau had alleged in Parliament that Indian intelligence agents may have been involved in the murder of Sikh pro-Khalistan hardliner Hardeep Singh Nijjar, the...

Oct 3
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Make in India success: India now 2nd-biggest manufacturing hub for mobile phones globally

Make in India success: India now 2nd-biggest manufacturing hub for mobile phones globally

India is now the second-biggest manufacturing hub for mobile phones due to heavy investment from original equipment manufacturers, original design manufacturers and companies dealing in components and parts, a new report showed on Tuesday.India is expected to export about 22 per cent of its total assembled mobile phones in 2023, according to Counterpoint Research.However, China's manufacturing and supply chain will still maintain its essential role in the longer run," said senior research analyst Ivan Lam.In a fillip to the 'Make in India' initiative, India saw mobile phones exports...

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