India
‘Fertile hunting ground’: Portfolio manager names 9 stocks to cash in on India’s growth
India is becoming a hot market for investment thanks to its booming economy, stable currency, strong stock market and growing working age population. Franklin Templeton’s Yi Ping Liao describes the South Asian country as “a fertile hunting ground to identify stocks.” “India has much more stable sort of macro environment compared to other emerging market […]
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Indian public sector firm NTPC’s green energy arm files for $1.2 billion IPO
This photograph taken on April 6, 2022, shows a general view of the National Thermal Power Corporation (NTPC) plant in Dadri. The mounds of jet-black coal shimmering under the afternoon sun at the Dadri power plant are a raw illustration of India’s coal dependence — a habit that despite increasing pressure, the country is finding […]
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Trump says he will meet with Indian Prime Minister Narendra Modi next week
India’s Prime Minister Narendra Modi shakes hands with former U.S. President Donald Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. Mandel Ngan | Afp | Getty Images Republican nominee Donald Trump said Tuesday that he will meet Indian Prime Minister Narendra Modi next week. Speaking at his first public […]
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Oil stares at a bleak future as China’s economy sputters. The good news: A market ‘bust’ is unlikely
The RN-Tuapsinsky refinery operated by Rosneft Oil Co. in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images SINGAPORE — As the world’s oil traders and analysts gathered at the annual Asia Pacific Petroleum Conference in Singapore last week, the slump in oil and where it was headed was foremost in everybody’s mind. China, the […]
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India’s central bank chief plays down fears of a deposit crunch
Despite widespread bullishness on India, with its stock market highs and healthy bank balance sheets, a shortage of deposits is causing some uneasiness in the country’s financial sector. Speaking to CNBC in an exclusive interview, Reserve Bank of India (RBI) Governor Shaktikanta Das discussed the issue of slowing growth in bank deposits underperforming an expansion […]
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India can achieve sustainable growth of up to 8% in the coming years, central bank chief says
Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp | Getty Images India can achieve sustainable economic growth of up to 8% over the medium term, according to the country’s central bank governor. His comments come shortly after data showed India’s gross domestic product slowed […]
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CNBC’s Inside India newsletter: What happens when the Fed cuts rates?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story The Federal Reserve is almost certain to start its rate-cutting cycle next week. Historically, a […]
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U.S. supports two permanent UN Security Council seats for Africa, Reuters reports
The United States supports creating two permanent United Nations Security Council seats for African states and one seat to be rotated among small island developing states, U.S. Ambassador to the U.N. Linda Thomas-Greenfield will announce on Thursday. Eduardo Munoz | Reuters The United States supports creating two permanent United Nations Security Council seats for African states and one seat to be rotated among small island developing […]
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Ford in talks to restart making cars in India for export
A Ford logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. David Dee Delgado | Reuters Ford Motor held talks with India’s Tamil Nadu state to explore producing vehicles for export, the state’s chief minister said, potentially signaling that the U.S. carmaker could restart production in India after exiting the country three years ago. Ford stopped […]
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‘Spook the West’: Turkey’s bid for BRICS both a strategic and symbolic step, analysts say
Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod, Russia on June 11, 2024. Sefa Karacan | Anadolu | Getty Images Turkey’s request to join the BRICS alliance is a move seen as both strategic and symbolic as the Eurasian country of 85 million […]
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