China to Mexico trade ‘back door’ booms in Trump, Biden tariff era

China to Mexico trade ‘back door’ booms in Trump, Biden tariff era

A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on December 9, 2021 in Sunland Park, New Mexico. Patrick T. Fallon | AFP | Getty Images New data shows a surge in trade between China and Mexico at a time of tough … Read more

Leela hotels owner Schloss Bangalore files for $599 million India IPO

Leela hotels owner Schloss Bangalore files for 9 million India IPO

Indian Railway Finance Corporation Share Price 161.43 04:01 PM | 20 Sep 2024 6.19(3.99%) Suzlon Energy Share Price 83.45 03:59 PM | 20 Sep 2024 2.49(3.07%) Indian Renewable Energy Development Agency Share Price 232.37 03:59 PM | 20 Sep 2024 2.37(1.03%) Tata Motors Share Price 970.85 03:59 PM | 20 Sep 2024 3.86(0.4%) YES Bank … Read more

Indian ed-tech startup Physics Wallah bags $2.8 billion valuation with funding

Indian ed-tech startup Physics Wallah bags .8 billion valuation with funding

Alakh Pandey (R), CEO of Physics Wallah, along with the company’s co-founder Prateek Maheshwari (L). Physics Wallah Indian education technology startup Physics Wallah announced on Friday that it had raised $210 million as it looks to expand its business, in part via acquisitions, amid troubles in the sector. The funding, led by Hornbill Capital, and … Read more

Will India’s lofty manufacturing ambitions bear fruit?

Will India’s lofty manufacturing ambitions bear fruit?

High angle view of female workers showing printed garment to inspector at textile factory Triloks | E+ | Getty Images 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? … Read more

Trump says he will meet with Indian Prime Minister Narendra Modi next week

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 … Read more

Are global oil markets heading for a bust as China optimism fizzles?

Are global oil markets heading for a bust as China optimism fizzles?

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 … Read more

India’s central bank chief plays down fears of a deposit crunch

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 … Read more

India can achieve sustainable growth of up to 8%, RBI chief says

India can achieve sustainable growth of up to 8%, RBI 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 … Read more

Modi 3.0 Is Leaving Nothing To Chance With Southeast Asia

Modi 3.0 Is Leaving Nothing To Chance With Southeast Asia

As India steps into its third term under Prime Minister Narendra Modi’s administration, Southeast Asia has emerged as a central focus of its foreign policy. The region plays a crucial role in the Indo-Pacific theatre and has become pivotal to India’s strategic, economic, and diplomatic interests. Recent high-level engagements, such as Modi’s visit to Singapore … Read more

To invest in cars or charging points first

To invest in cars or charging points first

Young Man charging his electric vehicle. Tashdique Mehtaj Ahmed | Moment | Getty Images When Carmelita Fernandes, who lives in the Indian city of Pune, first made the switch from her regular car to an electric Tata Nixon in December 2021, she was excited for the journeys that would follow. After all, it was a … Read more