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Latest Business News, Business News India Today | The HinduBusinessLine

Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Modi seeks opposition backing to implement women’s reservation before 2029 polls West Asia crisis: Ludhiana handtool export units face labour, gas supply shortages, high input costs Patent application filings in India rise 30.2% to 1.43 lakh in 2025-26: Goyal Meet the man with 138 degrees: Dashrath Singh, an ex-serviceman, earns latest qualification from IGNOU Europe missed AI bus, but India has potential to catch up: Former WEF Director AIG Hospitals, ICMR team up for digital health innovation Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Legendary playback singer Asha Bhosle dies at 92 Signature Global cuts net debt by 77% to ₹200 crore in FY26 Iran aims to restore majority of refining capability within two months Supreme Court to hear on Monday pleas related to SIR of electoral rolls in West Bengal US, India hold engagements to advance defence cooperation Trump shares article suggesting option with him to enforce naval blockade on Iran NCLAT reaffirms project-specific insolvency proceedings against realty firms Iran-US talks in Pakistan ended without deal as Tehran cites ‘excessive demands’ from US Two supertankers U-turn in Hormuz as US-Iran talks break down Time has come to implement Women's Reservation Act: PM Modi's letter to LS, RS floor leaders Iran war diverts US military, attention from Asia ahead of Trump's summit with China's leader Trump says China will have big problems if it ships arms to Iran India will soon become self-reliant in defence sector, find itself among leading nations of the world: Rajnath Singh Pakistan to continue facilitating US-Iran talks, says Dar; urges ceasefire More than 2,000 people killed by Israeli strikes in Lebanon during Israel-Hezbollah war: officials Iran denies US claims of mine clearing ships’ passage through Strait of Hormuz AI to reduce uncertainties and expand opportunities - RBI DG EAM Jaishankar meets members of Indian community in UAE 4 ways war in Iran has weakened United States in great power game US-Iran talks fail after 21 hours in Islamabad, JD Vance cites nuclear deadlock Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Islamabad talks: US and Iran begin negotiations aimed at ending West Asia conflict 51.5 lakh LPG cylinders delivered, 8.7 lakh Indians return amid West Asia crisis: Government India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports Artemis II astronauts return to Earth after historic lunar flyby and Pacific splashdown US-Iran peace talks in Pakistan: What will be discussed? US Vice President Vance arrives in Pakistan for crucial peace talks with Iran EU condemns ‘illegal’ Israeli expansion: 30 new West Bank settlements spark global outcry US intelligence indicates China preparing weapons shipment to Iran India, Japan discuss Strait of Hormuz security IPL 2026: Ad volume witness marginal dip in first 13 matches MAHE and Helogen Corporation partner for space-based biomedical research Share of Indian employees ‘engaged’ at work on a decline, says report AP CM Naidu asks Centre to expedite Srikakulam–Kakinada natural gas pipeline project PMMY at 11: Funding the unfunded, powering MSME-Led growth Karnataka to collaborate with medical colleges to strengthen govt health centres Army clears Col Purohit for Brigadier rank after Tribunal stays retirement New TB vaccines safe but may not protect against all forms of infection: Phase-3 study Rubio to visit India in May as ties with New Delhi improve Vice president releases latest edition of Constitution in Sindhi ‘Jana Nayagan’ leaks online, makers initiate legal action Jaiprakash Gaur backs Adani Group's acquisition of JAL assets Power demand to rise up to 6% in this financial year amid expected El Nino-led heat: Crisil India records highest-ever annual solar capacity addition of 45 GW in FY 2025-26: Pralhad Joshi Shimla records coldest April night in 46 years, temperature drops to 3.6°C: IMD World shares mostly higher, oil gains ahead of planned US-Iran ceasefire talks No impact of Iran war on India business, says Salesforce’s Arundhati Bhattacharya Global growth to slow to 3.2% in 2026, amid largest energy shock on record due to West Asia crisis: S&P India poised to lead global net zero transition with 150 GW solar milestone: Pralhad Joshi India pushes defense self-reliance amid West Asia conflict In Bengal, will the Left’s vote shift to the Right? Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut Kerala’s mandate at crossroads as social welfare meets job demand and upward mobility US, Iran prepare for ceasefire talks as Netanyahu authorises negotiations with Lebanon BJP unveils Bengal manifesto, pledges to implement Uniform Civil Code, measures against infiltration Sun Pharma shares down 4 per cent on reports of overtures for US-based Organon Steven Spielberg’s Jaws returns to theatres in 4K restoration on April 17 Approach authorities instead of rushing to court, SC tells petitioner who filed 25 PILs NDA promises mega textile hub near Tiruppur; Goyal bats for Edapaddi K Palaniswami leadership Civic issues at the heart of T Nagar’s knife-edge poll battle Political climate gets Madurai temperatures soaring Allahabad HC judge Yashwant Varma resigns a year after cash row; probe continues Zelenskyy says Ukrainian forces shot down Shahed drones in Middle Eastern countries during Iran war India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman ISRO successfully conducts second integrated air drop test for Gaganyaan mission Vedanta Aluminium signs pact with two downstream companies SC regularises interim bail granted to Gujarat-based journalist in money laundering case Trump ramps up threats against Iran on Hormuz before talks FYL91 commences new flights to Hyderabad, Rajahmundry and Vijayawada Telangana’s GST revenue up 15% in last 3 months ASMS launches agri-commerce network AYOU in Hyderabad Ladakh turns to apricot blossoms to stretch short tourism season ADB suggests unified social protection framework to cut duplication Trump's tenuous Iran exit plan isn't healing Republican rifts exposed by the war Vance sets off to Pakistan to lead talks with Iran as war’s ceasefire remains shaky Godrej Properties reports record ₹34,171 crore sales bookings in FY2026, up 16% BCCI mourns passing of former India cricketer CD Gopinath Former Iran FM Kamal Kharrazi dies from wounds sustained in US-Israeli attack: Reports West Asia conflict drives surge in NRI term insurance purchases from India, 35% m-o-m surge: Report Chalet Hotels activates cost saving steps, growth plans remain intact: CEO Shwetank Singh South India Dargah Mosque Association extends support to AIADMK-NDA alliance
2026 will be 'historic, landmark year' for China-US relations: Xi Jinping
2026-05-14 · via Latest Business News, Business News India Today | The HinduBusinessLine
US President Donald Trump inspects an honour guard during a welcome ceremony with Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, on Thursday.

US President Donald Trump inspects an honour guard during a welcome ceremony with Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, on Thursday. | Photo Credit: Evan Vucci

Chinese President Xi Jinping on Thursday said that 2026 will be "historic, landmark year" for China-US relations as he welcomed US President Donald Trump at the Great Hall of People for talks with him.

The leaders of ‌the world's two largest economies are scheduled to have a few rounds of talks on Thursday and Friday.

Xi received Trump as he arrived at the Great Hall and introduced him to the Chinese officials, followed by Xi shaking hands with the US officials accompanying the president.

Later together, they inspected the guard of honour before going for talks.

In his opening remarks at the meeting, Xi told Trump that he expects 2026 to be "historic, landmark year" for China-US relations.

China and the US must jointly answer the questions of the times.

The China-US presidential meeting in Beijing attracts global attention, he said as the two leaders settled for talks.

Trump says looking forward to "big discussion" with President Xi, official media reported.

Trump arrived in Beijing last night to a rousing welcome.

The visit by President Trump comes amid growing economic and geopolitical uncertainties arising from conflicts in the West East and the subsequent global energy shock that has taken a toll, particularly in Asia.

Xi and Trump are expected to discuss the war in Iran, trade, technology and Taiwan, among other points of contention, during the visit.

Trump was welcomed by Chinese Vice-President Han Zheng at the airport, a rare honour that broke with usual diplomatic protocol.

Officials say most of the top leaders visiting China, including Russian President Vladimir Putin, a close ally of Xi, were received by State Councillors, a high-ranking post of the ruling Communist Party of China.

By deputing Vice President Han to receive Trump, China sent a message about the importance it attached to his visit, observers said.

Trump's son Eric and his daughter-in-law Lara, as well as Tesla chief Elon Musk, disembarked from Air Force One along with Trump.

Accompanying Trump on his trip to China are some of the US's top business leaders.

Nvidia's Jensen Huang, Tim Cook of Apple, Musk of Tesla and SpaceX, and Larry Fink of BlackRock, are among those travelling with the US president.

"I will be asking President Xi, a Leader of extraordinary distinction, to 'open up' China so that these brilliant people can work their magic, and help bring the People's Republic to an even higher level," Trump said in a post on social media.

Trump said that it will be his "very first request" when he meets the Chinese leader, BBC reported.

"I have never seen or heard of any idea that would be more beneficial to our incredible countries," he said.

The last-minute addition of Nvidia's Jensen Huang to Trump's delegation was regarded as significant, as semiconductor chips are central to the US-China technology rivalry.

China is bargaining for semiconductor chips for its AI tech development, while the US wants the rare-earth minerals used for manufacturing mobile phones and aircraft jets.

Ahead of Trump's arrival, Chinese Vice Premier He Lifeng and Scott Bessent completed the final round of trade negotiations in South Korea, details of which are not known.

The next two days, Trump and Xi are scheduled to hold several rounds of talks to discuss both bilateral and global issues, especially the Iran war.

The talks are expected to focus on trade and tariffs, Artificial Intelligence and technology, Taiwan and US' arms sales to Taipei, Iran and West Asia and rare earths and supply chains.

Trump's schedule in Beijing included a visit to the Temple of Heaven, a complex of imperial temples where emperors would pray for a good harvest.

Ahead of his departure for Beijing, Trump told the media in Washington he would be talking with Xi about trade more than anything else. He plans to sign more deals with China to buy more American food and aircraft.

The two countries also plan to set up a Board of Trade with China to address differences between the countries.

The global focus on the summit, however, would be on any possible outcome that could end the US-Israeli war against Iran and end the blockade of the Strait of Hormuz.

More Like This

File picture: US Secretary of State Marco Rubio looks on ahead of US President Donald Trump's departure from the White House for Joint Base Andrews en route to Beijing, China, in Washington, D.C., on May 12, 2026.

U.S. President Donald Trump participates in a welcome ceremony with Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. REUTERS/Evan Vucci

Chinese President Xi Jinping attends a welcome ceremony with U.S. President Donald Trump at the Great Hall of the People, in Beijing, China, May 14, 2026. REUTERS/Maxim Shemetov/Pool

Published on May 14, 2026