Former Bangladesh Prime Minister Sheikh Hasina’s travel plans have encountered significant obstacles due to “uncertainties.” She is expected to remain in India for the next few days, according to sources familiar with the situation. Hasina, who arrived at the Hindon airbase on Monday shortly after resigning as prime minister, was moved to a secure, undisclosed … Read more
Smiling businessman with laptop and credit card in a restaurant in the evening Pixelfit | E+ | Getty Images India is expected to see the fastest growth in ultra high net worth individuals globally over the next few years, according to consultancy Knight Frank. Earlier this year, India’s financial center, Mumbai, overtook Beijing to become … Read more
Italian electric motor component maker EuroGroup Laminations is buying a 40% stake in India’s Kumar Precision Stampings, the company said shortly after announcing a preliminary agreement for a strategic electric vehicle sector alliance in China. Milan-based EuroGroup Laminations (EGLA) – which specialises in stators and rotors, two key components of electric motors and generators – … Read more
Customers browse the S1 Pro electric scooter of Ola Electric Mobility Pvt. at the launch event of Ola Experience Center in Bengaluru, India, on Sunday, Nov. 27, 2022. Ola opened three showrooms called Ola Experience Centres in Bengaluru on Sunday. Photographer: Samyukta Lakshmi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images This report is … Read more
Supporters of Bharatiya Janata Party (BJP) hold party flags as they celebrate Narendra Modi’s swearing-in ceremony on June 9, 2024. Sopa Images | Lightrocket | Getty Images There is an “internal battle” happening within India’s ruling Bharatiya Janata Party over inviting Chinese investments, as the country strives to become Asia’s manufacturing powerhouse, Alicia Garcia-Herrero, chief … Read more
Years ago, the manager of a hotel in Koh Samui, Thailand told me about an unusual booking that he once received during the middle of the night. A traveler had flown his entire family via private jet from Brunei to the Thai island after learning upon landing in Brunei that it is a “dry country” … Read more
Olympic and Paralympic medals are shown during the unveiling of the Paris 2024 Olympic and Paralympic Games Medals on February 1, 2024 in Paris, France. Pascal Le Segretain | Getty Images Sport | Getty Images The Paris 2024 Olympics is well underway, with dozens of medals already handed out. Aside from a medal, a stuffed … Read more
NEW DELHI, INDIA – JULY 23: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre on July 23, 2024 in New Delhi, India. (Photo by Ajay Aggarwal/Hindustan Times via Getty Images) Hindustan Times | Hindustan Times | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which … Read more
Fruit bats seen hanging on tree branches in daylight. Bats are believed to be one of the carriers of Nipah virus, a zoonotic disease that spreads from animals to humans. Eyepix Group | Future Publishing | Getty Images Health authorities in the southern Indian state of Kerala are on high alert following the latest flare-up of the … Read more
India’s government is weighing options to ease investment restrictions on some Chinese firms, an official familiar with the matter said, a move that could help the South Asian nation boost its domestic manufacturing.Discussions are underway on whether to give exemptions to Chinese firms in hi-tech sectors like solar modules and critical minerals, the official said, … Read more
