India
India is the ‘best bet’ in the world economic system, states conglomerate exec
The India chairman of conglomerate Hinduja Group said he’s bullish on India, which he called “the extremely terrific emerging, quickly going marketplace.” Speaking to CNBC on Thursday, Ashok Hinduja defined: “We see a recession coming in U.S., economic downturn coming in U.K., in Europe, problems in China, [a] dilemma in Southeast Asia below the worry […]
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India’s rice export ban: The Asian countries set to be hit hard — and those that’ll profit
Rice production in India has fallen by 5.6% year on year as of September in light of below-average monsoon rainfall, which has affected harvest, Nomura said. Rebecca Conway | Getty Images News | Getty Images India, the world’s largest rice exporter, has banned shipments of broken rice — a move that will reverberate across Asia, […]
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Morgan Stanley says an financial commitment ‘boom’ is coming to India, and names the shares to play it
India is established to see a surge in investments, according to Morgan Stanley , which named a number of stocks it thinks could gain from rising money expenditure in the economic powerhouse. In a notice entitled “How to Engage in India’s Coming Capex Increase,” Morgan Stanley analysts stated it was anticipating source-aspect variables and to […]
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Shanghai, Mumbai, Melbourne and beyond: CNBC names the best Asia-Pacific hotels for business travel
Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data firm Statista to produce rankings of the “Best Hotels for Business Travelers.” A second list of rankings for hotels in Europe and […]
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EU energy main urges China and India to support a selling price cap on Russian oil
BALI, Indonesia — The European Union on Saturday urged China and India to be a part of the G-7 initiative to utilize a cap on Russian oil prices, indicating it is unfair for countries to pay out extra revenues to Moscow amid the Kremlin’s war in Ukraine. The G-7 nations introduced Friday that they agreed […]
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India’s 5G battle to be a ‘two-horse race,’ states ex-CEO of telco Bharti Airtel
The force for India’s 1st 5G spectrum could be heating up, but rollout designs in the region are nonetheless “a large maze,” in accordance to a former CEO of Indian telco Bharti Airtel. Speaking to CNBC’s “Road Indications Asia” on Wednesday, Sanjay Kapoor, who is now an independent analyst, stated Indian cellular operator Reliance Jio’s […]
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Oil and gas powerhouse Norway to invest in Indian solar project, sees country as priority market
India is targeting a major ramp up of its renewable energy capacity, but achieving its aims represents a big challenge. Puneet Vikram Singh | Moment | Getty Images Norway’s Climate Investment Fund and the country’s biggest pension company, KLP, are set to invest in a 420-megawatt solar power project being developed in Rajasthan, India. The […]
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Indian billionaire Adani seeks hostile takeover of media group NDTV
A unit of the Adani Team mentioned it had utilized fiscal rights in a bid to order a 29.18% stake in NDTV, laying out ideas for a subsequent open up supply for a stake of yet another 26% in line with Indian regulations. Sam Panthaky | Afp | Getty Pictures Indian billionaire Gautam Adani’s conglomerate […]
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SoftBank-backed Ola Electric wants to launch a made-in-India EV in 2024
Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV-arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | Getty Images The CEO of Ola Electric said Monday his firm would launch an all-electric vehicle that can go from 0 to 100 […]
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Here’s why Indians have the highest confidence to travel in Asia-Pacific
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email In a new survey of 11,000 people in Asia-Pacific by Booking.com, Indian respondents far exceeded regional averages in terms of their likelihood to travel and their willingness to accept travel disruptions and delays, CNBC’s Monica Pitrelli reports. Source
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