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IndiaTV Business: Google News Feed: Digest for February 06, 2023

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Table of Contents

India TV Samvaad 2023: Speaking exclusively at India TV's Samvaad on Friday, Union Minister Piyush Goyal said there is something or other for everyone in the Budget 2023.
Nirmala Sitharaman on Adani issue: Union Finance Minister Nirmala Sitharaman, in her first carefully-guarded reaction on the ongoing Adani controversy, tonight said, "it is not a matter relating to the government, regulators are looking into it".
Aap Ki Adalat: Finance Minister Nirmala Sitharaman praised the Enforcement Directorate (ED) and Income Tax department for unearthing huge amounts of black money during raids, but made it clear that her ministry never interfered in their functioning.
As of February 3, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin rose 1.14% to  $23,425.56.  Ethereum, the second largest cryptocurrency by market capitalization, is currently trading at around $1,613.57 with an increase of 0.15%.

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session.
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
India TV Samvaad 2023: Speaking exclusively at India TV's Samvaad on Friday, Union Minister Piyush Goyal said there is something or other for everyone in the Budget 2023.
Nirmala Sitharaman on Adani issue: Union Finance Minister Nirmala Sitharaman, in her first carefully-guarded reaction on the ongoing Adani controversy, tonight said, "it is not a matter relating to the government, regulators are looking into it".
Aap Ki Adalat: Finance Minister Nirmala Sitharaman praised the Enforcement Directorate (ED) and Income Tax department for unearthing huge amounts of black money during raids, but made it clear that her ministry never interfered in their functioning.
As of February 3, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin rose 1.14% to  $23,425.56.  Ethereum, the second largest cryptocurrency by market capitalization, is currently trading at around $1,613.57 with an increase of 0.15%.

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
India TV Samvaad 2023: Speaking exclusively at India TV's Samvaad on Friday, Union Minister Piyush Goyal said there is something or other for everyone in the Budget 2023.
Nirmala Sitharaman on Adani issue: Union Finance Minister Nirmala Sitharaman, in her first carefully-guarded reaction on the ongoing Adani controversy, tonight said, "it is not a matter relating to the government, regulators are looking into it".
Aap Ki Adalat: Finance Minister Nirmala Sitharaman praised the Enforcement Directorate (ED) and Income Tax department for unearthing huge amounts of black money during raids, but made it clear that her ministry never interfered in their functioning.
As of February 3, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin rose 1.14% to  $23,425.56.  Ethereum, the second largest cryptocurrency by market capitalization, is currently trading at around $1,613.57 with an increase of 0.15%.

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
As of February 3, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin rose 1.14% to  $23,425.56.  Ethereum, the second largest cryptocurrency by market capitalization, is currently trading at around $1,613.57 with an increase of 0.15%.

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 

Shine On: Investors rush to gold amid inflation fears

Saturday 04 February 2023 04:51 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56560.00 per 10 grams, a decrease of  1.97%. Silver futures, on the other hand, opened at Rs.67,625.00 per kilogram, a decrease of 3.67%.

MasterCard NFT chief quits over pay; mints his resignation as NFT

Saturday 04 February 2023 08:55 AM UTC+00
After criticizing the company's inefficiencies, Satvik Sethi, head of the Mastercard NFT division, made the decision to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, while leaving "wasn't easy," he had long felt ignored by it and wanted to devote all of his time to Web3 and making art.
India TV Budget Conclave: Railway, IT and Communication Minister Ashwini Vaishnaw announced that India's first Hydrogen train prototype will run on Indian railway tracks in December this year, while the first bullet train is targeted to run in India in August, 2026. 
Servotech Power Systems shares have turned ex-split and dividend. The shares of the Delhi-based small-cap company hit the upper circuit during Friday's trading session. 
Piyush Goyal on Adani row: Union Minister for Commerce and Industry Piyush Goyal on Saturday (February 4) said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies that triggered an unprecedented stock crash.
Adani row: In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Saturday (February 4) said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 basis points repo rate hike in its forthcoming bi-monthly monetary policy due later this week. In its December monetary policy review, the central bank had raised the key benchmark interest rate (repo) by 35 basis points (bps) after delivering three back-to-back increases of 50 bps.
Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This time, the Centre has announced a budget of Rs 2.4 lakh crore for the Railways. In this, Rs 75,000 crore will be spent for new schemes.
The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. 
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