Rupee trades lower at 69.74 per dollar

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Rupee trades lower at 69.74 per dollar The Indian rupee is trading lower at 69.74 per dollar versus previous close 69.67. On Monday the rupee ended 32 paise lower at 69.67 against the US dollar on the back of surge in crude oil prices. The dollar-rupee April contract on the NSE was at 69.71 in the previous session. April contract open interest increased 7.23% in the previous session, said ICICIdirect. We expect the USD-INR to meet supply pressure at higher levels. Utilise the upsides in the pair to initiate short positions, it added.

Sino-Indian War

Sino-Indian War

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Sino-Indian War
China India Locator (1959).svg
The Sino-Indian War was fought between India and China
Date20 October[1] – 21 November 1962
LocationAksai Chin and North-East Frontier Agency
ResultChinese victory
Territorial
changes
Indian posts and patrols removed from Aksai Chin, which comes under exclusive Chinese control.
Belligerents
 India China
Commanders and leaders
Brij Mohan Kaul
(Chief of General Staff of the Indian Army)
Sarvepalli Radhakrishnan
(President of India)
Jawaharlal Nehru
(Prime Minister of India)
V. K. Krishna Menon
(Defence Minister of India)
General Pran Nath Thapar
(Chief of Army Staff of the Indian Army)
Luo Ruiqing (chief of PLA staff)[2]
Zhang Guohua (field commander)[3]
Mao Zedong
(Chairman of the Central Committee of the Communist Party of China)
Liu Bocheng
(Marshal of PLA)
Lin Biao
(Vice Chairman of the Communist Party of China)
Zhou Enlai
(Premier of the People's Republic of China)
Strength
India 10,000–12,000China 80,000[4][5]
Casualties and losses
1,383 killed
1,047 wounded
1,696 missing
3,968 captured[6]
722 killed
1,697 wounded[6][7]
The Sino-Indian War (Hindi: भारत-चीन युद्ध Bhārat-Chīn Yuddh), also known as the Sino-Indian Border Conflict (simplified Chinese: ; traditional Chinese: ; pinyin: Zhōng-Yìn Biānjìng Zhànzhēng), was a war between China and India that occurred in 1962. A disputed Himalayan border was the main pretext for war, but other issues played a role. There had been a series of violent border incidents after the 1959 Tibetan uprising, when India had granted asylum to the Dalai Lama. India initiated a Forward Policy in which it placed outposts along the border, including several north of the McMahon Line, the eastern portion of a Line of Actual Control proclaimed by Chinese Premier Zhou Enlai in 1959.
Unable to reach political accommodation on disputed territory along the 3,225-kilometre-long Himalayan border,[8] the Chinese launched simultaneous offensives in Ladakh and across the McMahon Line on 20 October 1962. Chinese troops advanced over Indian forces in both theatres, capturing Rezang la in Chushul in the western theatre, as well as Tawang in the eastern theatre. The war ended when China declared a ceasefire on 20 November 1962, and simultaneously announced its withdrawal from one of the two disputed areas. Indian posts and patrols were removed from Aksai Chin, which came under direct Chinese control after the end of the conflict.
The Sino-Indian War is notable for the harsh mountain conditions under which much of the fighting took place, entailing large-scale combat at altitudes of over 4,000 metres (14,000 feet).[9] The Sino-Indian War was also noted for the non-deployment of the navy or air force by either the Chinese or Indian side.
It is noteworthy that the buildup and offensive from China occurred concurrently with the 13-day Cuban Missile Crisis (16–28 October 1962) that saw both the United States and the Soviet Union confronting each other, and India did not receive assistance from either of these world powers until the Cuban Missile Crisis was resolved.

 

Location

China and India shared a long border, sectioned into three stretches by Nepal, Sikkim (then an Indian protectorate), and Bhutan, which follows the Himalayas between Burma and what was then West Pakistan. A number of disputed regions lie along this border. At its western end is the Aksai Chin region, an area the size of Switzerland, that sits between the Chinese autonomous region of Xinjiang and Tibet (which China declared as an autonomous region in 1965). The eastern border, between Burma and Bhutan, comprises the present Indian state of Arunachal Pradesh (formerly the North East Frontier Agency). Both of these regions were overrun by China in the 1962 conflict.
Most combat took place at high altitudes. The Aksai Chin region is a desert of salt flats around 5,000 metres above sea level, and Arunachal Pradesh is mountainous with a number of peaks exceeding 7,000 metres. The Chinese Army had possession of one of the highest ridges in the regions. The high altitude and freezing conditions also cause logistical and welfare difficulties; in past similar conflicts (such as the Italian Campaign of World War I) harsh conditions have caused more casualties than have enemy action. The Sino-Indian War was no different, with many troops on both sides dying in the freezing cold.[10]

 

 

 

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