Wednesday September 26, 2018
Home India China slowdow...

China slowdown won’t impact India: Jaitley

0
//
36
Republish
Reprint

New York: India’s Finance Minister Arun Jaitley has said that the slowdown in the Chinese economy is not going to impact his country and India could become the “additional shoulder” the global economy needs to stand on.

“We are not a part of the Chinese supply chain,” he said here Monday. Therefore, “we are not impacted.”

He said that China’s slowdown did, however, affect Indian stock markets and the currency. But he did not see the fallout from China extending beyond them.

China, which had played a role in world economic growth, was now having an adverse effect globally, he said. After China “the world needs additional shoulders to stand on” and India could provide them he added.

Jaitley was speaking Monday at the inauguration of the Deepak and Neera Raj Center on Indian Economic Policies at Columbia University.

The global economic situation will be a challenge for India because it was beyond its control, he said. “The new normal is living in a period of turbulence and volatility,” he said. International crises used to come up every ten years or so, but now they were occurring more frequently, he added.

 

(IANS)

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

Samsung Brings its First Smartphone With Triple Camera in India

Samsung is offering cash back worth Rs 2,000 on the smartphone when buyers make payment through HDFC bank credit and debit cards

0
Samsung
Samsung's first triple camera smartphone in India. Flickr

Samsung India on Tuesday launched Galaxy A7 with triple rear cameras for Rs 23,990 in blue, black and gold colours.

The smartphone is slated to be available in over 180,000 outlets by September-end. It will be available on September 27 and 28 during a special preview sale on Flipkart, Samsung e-shop and at Samsung Opera House in Bengaluru.

“We are expecting to disrupt the market and gain significant share specifically in our ‘A Series’. So this is the first triple camera phone that we are bringing to the market which we have not even launched in our flagship segment but the whole idea is to really expand this series,” Mohandeep Singh, Senior Vice President, Mobile Business, Samsung India told IANS.

The Galaxy A7 sports 24MP main + 5MP live focus + 8MP ultra-wide sensors at the rear and a 24 MP selfie shooter.

The device features a 6.0-inch FHD+ super AMOLED Infinity Display and also supports Dolby Atmos immersive sound technology that brings HD content to life.

It has a 2.5D glass back design, 7.5-mm body and a side fingerprint sensor which has been integrated into the power button itself.

Samsung
The device will be available in 6GB RAM+128GB storage and 4GB RAM+64GB storage configurations.

“The new colours and a side fingerprint sensor deliver a refreshed design. We are confident that with this device, we will capture the imagination of the Indian millennial and be able to add to the celebrations during the festive season,” said Sumit Walia, Director, Mobile Business, Samsung India.

Galaxy A7 is powered by a Samsung’s proprietary Exynos 7885 2.2GHz octa-core processor.

The device will be available in 6GB RAM+128GB storage and 4GB RAM+64GB storage configurations.

You May Also Like to Read About- Google Rolls Out A Major Update Revamping its ‘Feed’ Feature

The smartphone is powered by a 3300mAh battery and runs Android Oreo operating system (OS).

Samsung is offering cash back worth Rs 2,000 on the smartphone when buyers make payment through HDFC bank credit and debit cards. (IANS)

Next Story