NEW DELHI – The hours-long military commander-level talks between New Delhi and Beijing amid the tensions along the Line of Actual Control (LAC) ended in a deadlock on Saturday, according to media reports.
Hence, the border dispute remains unresolved. The negotiations lasted for more than five hours.
Reports add that China is not ready to reduce the size of its troops or leave the border area, and tensions between the two countries along the LAC are likely to remain.
Indian Defense Ministry and Foreign Ministry are likely to make formal statements on the results of the talks.
The talks come after multiple local military level meetings failed to defuse the tension, which arose after troops from both sides were involved in scuffles in early May followed by Chinese intrusion in several border areas that New Delhi claims as its own.
Most of 3,488km-long (2,167 miles) border between the two countries is disputed and non-demarcated.
The face-off in eastern Ladakh region, which was carved out of Indian-administered Kashmir last August, started on May 5 and May 6 when soldiers of both sides were involved in a skirmish.
On May 9, several Indian and Chinese troops were injured in fights with fists, stones and wooden batons in Sikkim state - about 1,200km east the Ladakh region.
Indian officials say that within days, Chinese troops had encroached on the Indian side of their demarcation line in the Ladakh region further to the west.
India has moved extra troops to positions opposite.
Increasingly tense border talks and a series of skirmishes led to the 1962 war, mainly fought above 4,000 metres (14,000 feet), in which China took territory from India in Arunachal Pradesh.
Regular clashes have followed and the rival sides staged a 73-day showdown in the Doklam plateau in 2017.
Daily Pakistan Global Web Desk
Pakistani rupee continue to witness further losses against US dollar in the open market on despite positive economic indicators and massive surge in Stock Market.
On Tuesday, the dollar was being quoted at 285.1 for selling and 288.15 for buying purposes for customers.
Euro price moves down by Rs2 to 312 for buying and 315 for selling. British Pound rate stands at 358.5 for buying, and 362 for selling after increase.
UAE Dirham AED stands at 78 whereas the Saudi Riyal also witnessed fall and new price stands at 76.25.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 285.1 | 288.15 |
Euro | EUR | 312 | 315 |
UK Pound Sterling | GBP | 358.5 | 362 |
U.A.E Dirham | AED | 78 | 78.75 |
Saudi Riyal | SAR | 76.25 | 77 |
Australian Dollar | AUD | 186 | 187.5 |
Bahrain Dinar | BHD | 759 | 767 |
Canadian Dollar | CAD | 208 | 210 |
China Yuan | CNY | 39.93 | 40.33 |
Danish Krone | DKK | 41.88 | 42.28 |
Hong Kong Dollar | HKD | 36.24 | 36.59 |
Indian Rupee | INR | 3.39 | 3.5 |
Japanese Yen | JPY | 1.55 | 1.63 |
Kuwaiti Dinar | KWD | 916.38 | 925.38 |
Malaysian Ringgit | MYR | 60.38 | 60.98 |
New Zealand Dollar | NZD | 173.44 | 175.44 |
Norwegians Krone | NOK | 26.25 | 26.55 |
Omani Riyal | OMR | 741.26 | 749.26 |
Qatari Riyal | QAR | 77.63 | 78.33 |
Singapore Dollar | SGD | 210 | 212 |
Swedish Korona | SEK | 26.93 | 27.23 |
Swiss Franc | CHF | 323.37 | 325.87 |
Thai Bhat | THB | 8 | 8.04 |
KARACHI – Gold continues to move upward in local market amid surge in international rates.
On Tuesday, the single tola of 24 Karat gold was available at Rs217,600, and the price for 10-gram gold saw increase of Rs943 to reach Rs186,557.
Globally, yellow metal went up by $12 to settle at $2,015 per ounce.
Last week, per tola gold price increased by Rs800 per tola, and it hovers around two month high.
City | Gold | Silver |
Lahore | PKR 217,600 | PKR 2,600 |
Karachi | PKR 217,600 | PKR 2,600 |
Islamabad | PKR 217,600 | PKR 2,600 |
Peshawar | PKR 217,600 | PKR 2,600 |
Quetta | PKR 217,600 | PKR 2,600 |
Sialkot | PKR 217,600 | PKR 2,600 |
Attock | PKR 217,600 | PKR 2,600 |
Gujranwala | PKR 217,600 | PKR 2,600 |
Jehlum | PKR 217,600 | PKR 2,600 |
Multan | PKR 217,600 | PKR 2,600 |
Bahawalpur | PKR 217,600 | PKR 2,600 |
Gujrat | PKR 217,600 | PKR 2,600 |
Nawabshah | PKR 217,600 | PKR 2,600 |
Chakwal | PKR 217,600 | PKR 2,600 |
Hyderabad | PKR 217,600 | PKR 2,600 |
Nowshehra | PKR 217,600 | PKR 2,600 |
Sargodha | PKR 217,600 | PKR 2,600 |
Faisalabad | PKR 217,600 | PKR 2,600 |
Mirpur | PKR 217,600 | PKR 2,600 |
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