Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 23, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
German carmaker Mercedes-Benz wants India’s next government to forge more free trade agreements (FTAs) and reduce trade barriers to help boost luxury car sales in one of the world’s biggest auto markets, its country head said. Prime Minister Narendra Modi, who has built a business friendly image over the last decade, is eyeing a rare … Read more
Mark Mobius, Chairman Mobius Emerging Opportunities Fund speaking on CNBC’s The Exchange on March 27th, 2024. Adam Jeffery | CNBC Veteran emerging markets investor Mark Mobius said India’s election outcome will not change his bullish views on the country. The world’s most populous nation kicked off a multi-phase election on April 19, as nearly one … Read more
Indian stocks need Prime Minister Narendra Modi’s party to win more than 303 seats in the general election to extend their record rally, according to a Bloomberg News survey of market participants. A smaller majority for the ruling Bharatiya Janata Party may lead to a drop of about 2% in the NSE Nifty 50 Index, … Read more
Neerja Chowdhury, Journalist & Political Commentator, says BJP leaders are super confident that they are already home and dry. It goes without saying that the BJP will form the government. Whatever be the number, BJP is going to be the single largest party and is likely to be invited by the Election Commission of India … Read more
Speaking to ET Now, Madhavan Narayanan, Senior Journalist, says that in this election, one differentiating factor is that Congress or the INDIA alliance has been focusing on the opportunities for the people and whereas Mr Modi’s campaign has been focusing on threats to the majority as he sees it because his campaign speeches this year … Read more
Narendra Modi, India’s prime minister, center, during a campaign rally in Agra, Uttar Pradesh, India, on Thursday, April 25, 2024. Modi doubled down on his attacks against the main opposition party by using language critics say sows division between the country’s Hindu majority and Muslim minority. Photographer: Prakash Singh/Bloomberg via Getty Images Bloomberg | Bloomberg … Read more
Elon Musk fired the head of Tesla’s Supercharger department late last month, along with her entire 500-person team. It was a confusing decision that raised more questions than answers, especially considering that Musk had recently convinced every other automaker to agree to make their electric vehicles compatible with Tesla’s chargers. Assuming Reuters’ latest report is … Read more
A gauge of volatility in Indian stocks has risen in its longest streak ever, underscoring growing uncertainty over the outcome of the nation’s general elections as polling gets underway. The India NSE Volatility Index — which uses equity option prices to measure expected market swings over the next 30 days — is heading for its … Read more
Millions of Indian voters across 93 constituencies were casting ballots on Tuesday as Prime Minister Narendra Modi mounted an increasingly shrill election campaign, ramping up polarizing rhetoric in incendiary speeches that have targeted the Muslim minority. In recent campaign rallies, Modi has called Muslims “infiltrators” and said they “have too many children,” referring to a … Read more
