Pan Gongsheng: China throws a surprise by appointing him as the Central Bank's Chief | Oneindia News
Video Credit: Oneindia - Duration: 02:41s - Published
Pan Gongsheng: China throws a surprise by appointing him as the Central Bank's Chief | Oneindia News
Pan Gongsheng has been named the new governor of the People’s Bank of China.
The appointment of Gongsheng was approved yesterday at a meeting of the Standing Committee of the National People’s Congress, China’s top legislature.
His appointment comes at a time when China’s below-expectation growth rate of 6.3 % in the April-June quarter has rattled its top leaders.
The 25-member Politburo of China, comprising key decision makers of the Communist Party, finally acknowledged recently that weak domestic demand, unemployment, operational complexities in several companies…along with high risks in key sectors are some of the challenges that Beijing is currently facing.
His appointment also comes shortly after he was installed as the Communist Party chief of the PBOC earlier this month, a surprise move that analysts said had highlighted Beijing’s urgency to bolster the country’s slowing economy and stem the yuan’s slide.
So, will this man be able to help China tide over its economic downturn?
Texas Floods: Was This Disaster Avoidable? 79 Dead & Dozens Missing | Oneindia News
As rescue teams race against time in the flood-ravaged Texas Hill Country, chilling questions are emerging about whether this catastrophe could have been prevented.
A catastrophic flash flood has torn through Central Texas, leaving a trail of devastation and a rising death toll of at least 79 people, with dozens still unaccounted for. The disaster struck with shocking speed before dawn, as the Guadalupe River surged an unprecedented 26 feet in just 45 minutes. This terrifying wall of water swept away homes, vehicles, and summer camps, giving residents and campers mere minutes to react. The event has turned serene landscapes into disaster zones, prompting a massive search and rescue operation.
Kerr County has been hit the hardest, reporting 59 fatalities, a number that tragically includes 21 children who were camping near the river. Among the missing are eleven children and a counselor from Camp Mystic, a detail that has left the entire community in shock and grief. The tragedy extends to Travis, Burnet, and Kendall counties, where more casualties have been confirmed. Authorities are deploying helicopters, drones, and boats in a desperate search for survivors and victims, with over 850 people already rescued from rooftops, trees, and isolated areas.
As families and volunteers join the desperate search efforts, many are beginning to ask hard questions about the timeliness and adequacy of the flood warnings. With flood watches still in effect and more rain in the forecast, the situation remains critical. Officials have vowed to continue the search until every last missing person is found, but the scale of this natural disaster has left a permanent scar on Central Texas.
#TexasFlood
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#Texas
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#PrayForTexas
The Russia-Ukraine war has entered a brutal new phase. In July 2025, Russia unleashed its largest-ever aerial assault on Kyiv, a sign of its growing dominance on the battlefield. But how did we get here? This in-depth report from Oneindia News examines the seismic shifts that have given Vladimir Putin the upper hand after years of stalemate.
The primary catalyst was the 2024 U.S. election and the return of Donald Trump. We analyze how Trump's "America First" policy led to a complete halt in military aid to Ukraine, a stark contrast to the billions pumped in under the Joe Biden administration. From Trump's vow to end the war in "24 hours" to backchannel talks with Moscow, his actions effectively isolated Kyiv and gave Russia a green light to escalate its offensive.
Beyond the White House, Russia itself has adapted. Learning from early failures, Moscow embraced a brutal war of attrition, bolstered by massive support from allies like North Korea and Iran, and an economic lifeline from China. With 450,000 new recruits in 2024, Russia’s overwhelming manpower is crushing Ukrainian defenses. Meanwhile, Ukraine is facing a catastrophic crisis of its own. With its military stretched thin, a severe shortage of soldiers and ammunition, and war fatigue setting in, the nation's survival hangs in the balance. Despite innovative tactics like the "Operation Spider's Web" drone strikes, can President Zelenskyy's forces survive without robust Western support?
This video explains the intricate web of geopolitics, military strategy, and leadership changes that define the current state of the war. As Russia pushes forward, we ask the critical question: Is Ukraine's defeat now inevitable?
#RussiaUkraineWar
#Trump
#Putin
#BreakingNews
#WorldNews
#OneindiaNews
#Zelenskyy
#Geopolitics
#NATO
#USElection
#RussiaWinning
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On July 6, Russian forces launched a calculated drone strike on a military enlistment and recruitment office in Kremenchuk, located in Ukraine's Poltava region. This attack came just hours after Russia conducted one of its largest aerial assaults on Ukraine, involving 157 drones and four S-300 missiles that targeted key regions including Kharkiv, Kherson, Zaporizhzhia, and Kyiv, causing significant damage and casualties.
Ukraine's Ground Forces have confirmed that the UAV strike in Kremenchuk hit the recruitment center and also damaged a nearby residential building. While no casualties were reported among military staff or civilians at the enlistment facility, the attack caused a fire at a private property and forced the closure of a major road in the city's central district, disrupting civilian life.
This military escalation occurs amidst a complex geopolitical backdrop. A recent phone call between Russian President Vladimir Putin and former U.S. President Donald Trump failed to secure a ceasefire. Reports suggest that Putin, believing he has the upper hand in the conflict, is unwilling to halt the offensive and "throw away his lead."
With the date for any further peace talks still undecided, Russia continues its relentless campaign, pounding Ukrainian cities with a massive barrage of missiles and drones. This latest attack on a recruitment center signals a strategic shift to Cripple Ukraine's ability to reinforce its front lines. Stay tuned to Oneindia News for the latest updates on the Russia-Ukraine conflict.
#RussiaUkraineWar
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#UkraineWar
#DroneAttack
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Miss World 2025: Who Will Wear the Crown? Exclusive Conversation with Miss Uganda & Miss Belgium. As the world eagerly awaits the grand finale of Miss World 2025, OneIndia brings you an exclusive conversation with two of this year’s top contenders — Miss Uganda and Miss Belgium. In this special interview, the beauty queens share their journey to the global stage, their causes, and what the Miss World crown means to them.
#MissWorld2025 #MissWorld #MissWorld2014 #MissWorld2015 #MissWorld2025Live #MissWorld2025Contestants #MissWorld2025Hyderabad #HyderabadMissWorld2025 #MissMundo #MissWorld2025HyderabadTickets #MissMundo2025 #MissUniverse2025 #MissUniverseThailand2025 #MissMonde #MissMondo #LiveMissWorld2025 #MissWorld2025Final #MissWorld2025India #Top10MissWorld2025 #MissWorld2025Winner #MissWorld2025Brazil #MissWorld2025France
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May 13, 2025, was a landmark day for Oneindia, as it emerged as a big winner at the second edition of the e4m DO GOOD Awards held in New Delhi. Celebrating campaigns that drive real social impact, the event honoured Oneindia with six prestigious awards across diverse categories, recognising its commitment to people-first journalism, cultural storytelling, and social transformation.
Channel - Good Returns
Category - COMMUNICATIONS & CAMPAIGNS
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Channel - Oneindia
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Category - BEST USE OF MEDIA
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Category - COMMUNICATIONS & CAMPAIGNS
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#Oneindia #DoGoodAwards2025 #TransformativeJournalism #MediaForChange #KargilChronicles #DigitalIndia #CyberAwareness #GoodReturns #SahiPakdeHai #OneindiaTamil #OneindiaMalayalam #SocialImpact #JournalismThatMatters #RegionalMediaPower #StorytellingForGood
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China has lodged a formal protest with India following Prime Minister Modi's birthday greetings to the Dalai Lama and the attendance of Indian officials at his.. IndiaTimes
s the 14th Dalai Lama celebrates his 90th birthday, the long-simmering issue of his succession has erupted, placing India and China in a diplomatic standoff. Speaking to followers during long-life prayers in McLeod Ganj, the Tibetan spiritual leader expressed his hope to live beyond 130 years to continue serving humanity. However, the focus has sharply shifted to the political and spiritual battle over who will be his successor.
The Dalai Lama has unequivocally stated that his next incarnation will be born in a "free country," a clear rejection of any successor chosen or approved by the Chinese government. This declaration reignites a major point of contention for Beijing, which insists the process must adhere to "Chinese laws and historical practice." This has prompted a stern warning from China's Foreign Ministry, cautioning India to avoid "interference" in Tibet-related matters that could damage fragile bilateral ties between the two Asian giants.
India, which granted asylum to the Dalai Lama in 1959 after he fled a failed uprising in Tibet, has maintained a consistent position. New Delhi has stressed that the matter of succession is a religious one and that only the Dalai Lama and his trust have the right to decide. This stance has not appeased Beijing.
The situation leaves the Tibetan community in a precarious position, with widespread fears that China will attempt to install a "fake" Dalai Lama to legitimize and tighten its authoritarian control over Tibet. The Dalai Lama's firm stance, India's diplomatic tightrope walk, and China's assertive warnings have set the stage for a major geopolitical flashpoint.
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South China Sea Breaking: In a significant escalation of defensive capabilities, Taiwan has officially formed its first combat-ready HIMARS rocket unit. This move is designed to strengthen deterrence against increasing threats and military pressure from China. Taiwan's Defense Minister, Wellington Koo, lauded the new unit as a "significant boost" to the island's defensive power, underscoring the strategic importance of this deployment. The soldiers operating these advanced systems have completed specialized training in the United States, highlighting the close military cooperation between Washington and Taipei.
The M142 High Mobility Artillery Rocket System (HIMARS) is a game-changer for Taiwan's military. It can fire six 227mm rockets or a single Army Tactical Missile System (ATACMS) missile, the latter boasting a range of up to 300 kilometers. This impressive range means that key military and strategic targets deep within mainland China's coastal provinces are now potentially within Taiwan's strike capability. Reports suggest that Taiwan may have already acquired these long-range ATACMS missiles, a detail that is sure to alarm military planners in Beijing.
This deployment is part of a larger arms deal with the U.S., with 11 of a total 29 HIMARS systems already delivered. The move aligns with America's broader strategy to build a strong coalition in the Indo-Pacific to counter China's growing military and economic dominance. While the HIMARS system has proven its devastating effectiveness in the Ukraine conflict, analysts note that China's more advanced air defense systems could pose a greater challenge. The activation of this unit comes as Chinese military aircraft and vessels continue to cross the sensitive median line of the Taiwan Strait, prompting regular intrusion warnings from Taipei and keeping the region on high alert.
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El Salvador’s Congress has approved group trials for the tens of thousands of people arrested during President Nayib Bukele’s crackdown on criminal gangs, which has given the country one of the..