India
I’ve travelled to 40 countries with my parents. We’re magnets for mishaps — and couldn’t be more grateful
A trip to Egypt — the first my brother and I took as adults with our parents — quickly went off the rails. After spending Christmas in the Sinai Peninsula, we drove our rental car back to Cairo. At the hotel, a well-dressed man, whom my father mistook for a hotel valet, offered to move […]
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CNBC Daily Open: November was a month to remember for stocks
A specialist trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they […]
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An Indian automaker just unveiled 2 EVs priced around $25,000. Analysts say buy the stock
Mahindra & Mahindra , one of India’s largest automakers, last week unveiled two new electric vehicles priced around $25,000, challenging both domestic and international rivals in the growing Indian EV market. The news has led some analysts to turn even more bullish on the stock, with almost 90% of those covering it giving the company […]
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India’s quarterly growth slumps to a near two-year low, well below expectations
Construction workers in Mumbai, India, on June 5, 2024. Bloomberg | Bloomberg | Getty Images India’s economy expanded by just 5.4% in its second fiscal quarter ending September, well below estimates by economists and close to a two-year low. The print follows 6.7% growth over the previous quarter and is the lowest reading since the last quarter […]
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CNBC’s Inside India newsletter: The causes and costs of India’s brain drain
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. Four years ago, Keshav Raj graduated with a degree in computer science from the prestigious SRM Institute […]
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Reddit targets international users for ad growth, teases bolstered search feature
Reddit logo on website. Jakub Porzycki | Nurphoto | Getty Images Reddit is ramping up efforts to attract more users outside of the U.S., putting countries like India and Brazil in focus as it looks to unlock new advertising opportunities, a top company executive told CNBC. In a wide-ranging interview, Jen Wong, chief operating officer […]
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Adani CFO says U.S. charges linked to only one business contract
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaking at the World Congress of Accountants in Mumbai on November 19, 2022. Indranil Mukherjee | Afp | Getty Images A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and […]
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CNBC’s Inside India newsletter: Gautam Adani’s U.S. fraud charges could have wider repercussions for India
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 head of a $25 billion Indian energy company, the former CEO of a New York-listed energy […]
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Adani vs. Hindenburg: How one of India’s biggest empires descended into chaos
Hindenburg Research website displayed on a laptop screen and Adani logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on February 2, 2023. Nurphoto | Nurphoto | Getty Images Gautam Adani, the billionaire chairman of India’s Adani Group, was indicted on Wednesday along with seven others in New […]
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India central bank plans 2025 launch of cloud services, countering dominance of global firms
The Reserve Bank of India’s monetary policy committee raised the key lending rate or the repo rate to 5.40%. Vivek Prakash | Bloomberg | Getty Images India’s central bank will launch a pilot program in 2025 offering local cloud data storage to financial firms at affordable prices, according to two sources aware of the matter, […]
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