India
India’s ruling party suspends BJP official over comments about Islam
India’s Bharatiya Janata Party’s spokeswoman Nupur Sharma has been suspended in response to comments she made during a TV debate about the Prophet Mohammed. Hindustan Times | Hindustan Times | Getty Images India’s ruling Bharatiya Janata Party (BJP) said on Sunday it had suspended BJP spokeswoman Nupur Sharma in response to comments she made during […]
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These charts show how Russia’s invasion of Ukraine has changed global oil flows
European Union leaders reached an agreement this week to ban the majority of Russian crude oil and petroleum product imports, but nations were already shunning the country’s oil, altering global flows for the commodity that powers the world. Russian oil exports had already been hurt by some EU members acting preemptively in anticipation of potential […]
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Russia hits back at the EU’s partial oil embargo, says it will find other importers for its crude
The EU’s partial embargo covers Russian oil brought into the bloc by sea, with an exemption carved out for imports delivered by pipeline following opposition from Hungary. Attila Kisbenedek | Afp | Getty Images Moscow pledged to find other importers for its oil shortly after the world’s largest trading bloc agreed to impose a partial […]
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‘Economy is security’: Biden’s Quad trip shows that in Asia, trade and security are one thing
Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida arrive for the Quad Leaders’ Summit in Tokyo on May 24. Saul Loeb | Afp | Getty Images TOKYO — Security deals are important, but in Asia, money talks. Australia, India, Japan and the United […]
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Photos: Bangladesh and India endure catastrophic floods
Vehicles stuck in the floodwater in Sylhet, Bangladesh, May 17, 2022. Many roads have been submerged due to continuous high rains for several days. Md Rafayat Haque Khan | Eyepix Group | Future Publishing | Getty Images Severe floods in parts of Bangladesh and India have killed at least 24 people and left thousands of […]
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Four ‘dream jobs’ for people who love to travel
Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an office for that matter — isn’t an option. A year of travel Name: Sebastian ModakJob: Former New York Times “52 Places […]
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Climate change has made India’s heatwave 100 times more likely, says U.K. weather service
A farmer pours water on himself while working at a wheat farm in the Ludhiana district of Punjab, India, on Sunday, May 1, 2022. T. Narayan | Bloomberg | Getty Images The blistering heatwave in northwest India and Pakistan was made over 100 times more likely because of human-caused climate change, according to a new study published […]
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U.S., Europe race to improve food supply chains after India bans wheat exports
PARIS — The United States and the European Union are looking at how to improve food supply chains with export restrictions from India and other nations accentuating global problems, the EU’s trade chief told CNBC. G-7 foreign ministers warned over the weekend that the war in Ukraine is increasing the risk of a global hunger […]
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India blocks all wheat exports with immediate effect
India, the world’s second-biggest wheat producer, has blocked all exports of the grain with immediate effect. Bloomberg | Bloomberg | Getty Images India has prohibited wheat exports with immediate effect, the government said in a notification late on Friday, as the world’s second-biggest wheat producer tries to calm local prices. Shipments of wheat are allowed […]
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India raises rates at surprise monetary policy meeting, bond yields jump
A youth walks past the entrance of the Reserve Bank of India head office in Mumbai on Nov. 17, 2021. India’s central bank raised its main lending rate off record lows in a surprise move on Wednesday to contain rising inflation, shocking markets and pushing the benchmark 10-year bond yield to its highest levels in […]
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