India
Tesla picks showroom sites in New Delhi, Mumbai to start India sales: Reuters
Tesla signage is seen at a Tesla showroom on July 05, 2024 in New York City. Michael M. Santiago | Getty Images Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, Reuters sources familiar with […]
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India’s NTPC plans to spend $62 billion on 30GW of nuclear power, sources say
Indian state power company NTPC is looking to build 30 gigawatts (GW) of nuclear power capacity over the next two decades, three times more than expected, at a cost of $62 billion, three sources said. The country’s top power producer, which mainly runs coal-fired plants, is seeking land for its ambitious plan in a country […]
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CNBC Daily Open: PPI and tariffs cloud markets, but investors choose to see silver lining
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on February 12, 2025. Angela Weiss | Afp | Getty Images Humans are forward-looking creatures. It allows us to plan for the future, increasing our chances of survival and success, but can also bog us […]
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CNBC’s Inside India newsletter: How Modi’s trip to the U.S. and France could help India grow its nuclear ambitions
French President Emmanuel Macron (Centre L) and Indian Prime Minister Narendra Modi (Centre R) attend a visit at the ITER (International Thermonuclear Experimental Reactor) in Saint-Paul-les-Durance, near Marseille southern France, on February 12, 2025. (Photo by Laurent Cipriani / POOL / AFP) (Photo by LAURENT CIPRIANI/POOL/AFP via Getty Images) Laurent Cipriani | Afp | Getty […]
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India’s inflation falls for third straight month to 4.31% in January, making case for further monetary easing
India’s central bank held its key interest rate for a seventh straight policy meeting on Friday as growth in the economy is expected to remain robust while inflation stays above the 4% target. Bloomberg | Bloomberg | Getty Images India’s headline inflation dipped year-on-year for a third straight month to 4.31% in January, providing more […]
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India’s oil minister says ‘we play by the rules,’ as markets weigh U.S. energy sanctions
India will cooperate with international sanctions, the country’s oil minister told CNBC on Tuesday, as markets eye future U.S. policy under the new administration of President Donald Trump. “We play by the rules. If there is an international sanction, which is anchored, we would not want to go around it or anything,” India’s Minister of […]
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The world isn’t close to breaking free from coal — in some countries, demand for it is surging
Piles of coal waiting to be transported at Guoyuan Port container terminal in Chongqing, China. Cfoto | Future Publishing | Getty Images The world won’t be able to release its grip on coal anytime soon. “Nothing can destroy coal,” U.S. President Donald Trump said at the recent World Economic Forum. “Not the weather, not a […]
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CNBC Daily Open: Global central banks are lowering rates — the Fed might not be as inclined
The Reserve Bank of India logo outside its headquarters in Mumbai on Feb. 7, 2025. Indranil Mukherjee | Afp | Getty Images On Friday, the Reserve Bank of India trimmed its repo rate by 25 basis points. A day prior, the Bank of England lowered interest rates by 25 basis points, following the European Central […]
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Look to India, Japan for ‘quality alpha’ amid market uncertainty, investor says
An employee counts Indian currency notes at a cash counter inside a bank in Kolkata. Rupak De Chowdhuri | Reuters Investors searching for “quality alpha” in Asia over the next six to nine months should look to India and Japan given the uncertainty in China, according to Lincoln Pan, partner and co-head of private equity at the Asia-focused […]
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Asia-Pacific markets fall as investors await India rate decision, assess Japan’s spending data
Japan’s household spending massively beats expectations, boosting case for further BOJ hikes Japan’s household spending in December rose 2.7% year on year in real terms, according to a Friday report from the Statistics Bureau of Japan, massively beating expectations from economists polled by Reuters and marking its first rise since July 2024. The figure sharply […]
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