Our northern neighbour is our number one trading partner, but trade is skewed in their favour.

ZTE is introducing five models, priced between Rs 5,799 and Rs 14,999, followed by tablet PCs by Diwali.

Aiming to become one of India's top three handset vendors, Chinese telecom major ZTE announced a tie-up with city-based firm Calyx to launch its smartphones in the domestic market.

ZTE, which supplies handsets to Indian handset-makers such as Micromax and Karbonn and telecom operators Reliance Communications and Idea Cellular, has set a target of selling one million smartphones in the first year.

LAUNCESTON, Australia, May 17 (Reuters) - Not even renewed physical gold demand from India and China, the world's top buyers, appears to be enough to spark the precious metal's rally, but may be sufficient to stem further losses.

It should be abundantly clear to the gold bulls by now that the three main factors that drove the metal to its all-time high of $1,920.30 in September 2011 were an unusual combination, rather than the harbinger of further gains.

China is sending an investment promotion mission and one of the biggest ever business delegations to India next week to accompany Premier Li Keqiang on his State visit, top officials said on Thursday, to demonstrate that the government was taking ‘very seriously’ the widening trade imbalance.

China and India are, next week, expected to sign a number of business cooperation agreements, including investment and financing deals, as Mr. Li travels to New Delhi and Mumbai.

The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial markets, the World Bank predicted in a report on Thursday.

These nations and their comparatively younger and bigger populations are also set to become the largest sources of capital, with China and India turning into the world's two biggest investors by 2030, the global development lender said.