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Economic Times
28 minutes ago
- Economic Times
Xi Jinping losing his grip? Signs emerge of chaos in China's military and political circles
President Xi Jinping's absence from the BRICS summit sparks speculation of internal turmoil in China, despite official claims of a scheduling conflict. Experts suggest Xi may be facing challenges to his leadership and control, while widening rifts within BRICS, fueled by trade disputes and China-India tensions, further complicate the situation. Premier Li Qiang is attending instead. Tired of too many ads? Remove Ads Xi Jinping Skips BRICS Summit for First Time Experts See Signs of Turmoil at Home Tired of too many ads? Remove Ads Premier Li Qiang Steps In Widening Rifts Within BRICS China-India Tensions Add Pressure FAQs Tired of too many ads? Remove Ads For the first time since it was started, Chinese President Xi Jinping is not attending the BRICS summit , a move that's raising speculations that something must be going terribly wrong within China, as per a official explanation from Beijing is simple, a 'scheduling conflict,' and that Xi had already met with Brazilian President Luiz Inácio Lula da Silva earlier this year, but experts are convinced, as per Fox sudden absence from this week's gathering of major emerging economies in Brazil for BRICS is prompting questions about the stability of his leadership at home, according to the Fox News expert on US-China relations, Gordon Chang said, "That doesn't make sense," adding, "There are many other countries at the BRICS summit, not just Brazil. To me, it's extremely significant that Xi Jinping is not going. It suggests turbulence at home — there are signs he's lost control of the military and that civilian rivals are reasserting power. This is a symptom of that," as quoted in the READ: Keir Starmer on the way out? This surprise contender could be the UK's next Prime Minister According to a Fox News report, Premier Li Qiang is attending the summit in Brazil instead of Xi, continuing a recent trend of Xi scaling back his appearances on the global Burack of the Heritage Foundation also pointed out that Xi's absence might indicate deeper issues, saying, "It's another indication that BRICS is not going to be China's vassalization of the Global South," as quoted in the explained that countries like Brazil and Indonesia have recently imposed tariffs on China over industrial overcapacity and dumping, which reflect widening rifts within the group. Burack pointed out that, "China is actively harming all those countries for the most part, maybe with some exceptions, through its malign trade policies and dumping and overcapacity," as quoted by Fox READ: Nvidia just dropped a game-changer — CEO Jensen Huang calls it a miracle for AI supercomputing While a few analysts have also cited rising China-India friction as a possible reason for Xi's decision to not attend the summit, according to the pointed out that, "China has been at war with India for decades, essentially," adding, "These are fundamentally opposing interests. It's difficult to see China changing its behavior in the near term, and that will keep tensions high," as quoted by Fox to the report, Indian prime minister Narendra Modi is expected to take a leading role at the summit, which could have been another deterrent for Xi's attendance. The author of The Red Emperor, a biography of Xi, Michael Sheridan said, Xi, as the Red Emperor, does not want to be overshadowed,' as quoted in the due to a scheduling conflict and because he already met Brazil's president this year. But many experts suspect political turmoil at unclear, but experts suggest he may be facing internal challenges or strategic shifts.
Time of India
33 minutes ago
- Time of India
RERA cracks down on flashy real estate ads with new rules
Chennai: Plots and houses only three kilometres from Kilambakkam and two kilometres from GST Road, with hundreds of amenities — ads with such claims have become all too common, flooding social media feeds and highway hoardings. But under a recent order by TNRERA (Tamil Nadu Real Estate Regulatory Authority), builders showcasing ads with vague, exaggerated, and misleading claims are set to get pulled up. With this crackdown, TNRERA has sent a strong message to the real estate industry: promotional gimmicks and half-truths will no longer be tolerated. The era of unchecked advertising is over. And buyers, finally, have the right to clarity. TNRERA has made it mandatory for all real estate advertisements whether in print, on television, outdoor hoardings, digital platforms, or social media to prominently display the project's RERA registration number, a scannable QR code (as per form-C), the official website of the authority, the approved location of the project, and complete promoter contact details. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai The guidelines, which came into effect on July 1, also prohibit the use of vague disclaimers such as "terms and conditions apply", and prevent promoters from using inflated phrases such as "100+ amenities" that are not backed by actual, verifiable offerings. The order by chairperson Shiv Das Meena, states that the directive is aimed at curbing misleading practices and ensuring that buyers can easily verify the authenticity and legal status of real estate projects before making decisions. The rules specify that RERA details must appear at the top right corner of all advertisements, including hoardings and print material, with a minimum font size to ensure visibility. "The mandate also extends to the finer details. Every ad must mention the promoter's name, office address, and contact information. If a landmark is cited, only the actual distance via the most commonly used route is allowed no reference to travel time, which can vary with traffic, is permitted. The location must match the officially approved plan submitted for registration," said S Ramprabhu, chairman of the DTCP committee at the Builders Association of India. For projects exempt from RERA registration such as those completed before May 1, 2017 the advertisement must clearly state the exemption and the reason. In addition, online property portals are no longer allowed to feature or promote any project that does not carry valid TNRERA registration details, QR code, and the official website address. Media outlets, too, are being held accountable. TNRERA has warned that any media platform publishing non-compliant advertisements could face escalation to the Ministry of Information and Broadcasting and other regulatory bodies. Violations will attract penalties under sections 61 and 63 of the Real Estate (Regulation and Development) Act, 2016. To support these changes, Regulation 8(3) of Tamil Nadu Real Estate Regulatory Authority (General) Regulations, 2018, has been amended to make it clear that all real estate publicity whether through press, banners, pamphlets, or social media must carry RERA registration details as prescribed under the revised Regulation 6.
Time of India
33 minutes ago
- Time of India
Trump Declares 'ECONOMIC EMERGENCY'; Strikes Top Asian Allies Of U.S. With Steep 25% Tariffs
President Donald Trump on Monday placed a 25% tax on goods imported from Japan and South Korea, citing persistent trade imbalances with the two crucial U.S. allies in Asia. Trump provided notice of the tariffs to begin on Aug. 1 by posting letters on Truth Social that were addressed to the leaders of both countries. The letters warned both countries to not retaliate by increasing their own import taxes, or else the Trump administration would further increase tariffs. 'If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 25% that we charge,' Trump wrote in the letters to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung. Read More
