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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's renewable capacity growth will likely double by the end of the decade, says Goldman SachsNikhil Bhandari, co-head of Asia-Pacific natural resources and clean energy at Goldman Sachs, says grid will be a "critical factor."
Persons: Goldman Sachs Nikhil Bhandari, Goldman Sachs Locations: Asia, Pacific
A $20-million sky mansion sits on top of a 33-story luxury apartment complex in India. The spectacular home was designed for businessman Vijay Mallya. AdvertisementVijay Mallya might never get to live in the mansionThere's a real possibility that Mallya won't ever get to live in the sky mansion. Indian businessman Vijay Mallya arrives at the Royal Courts of Justice in London, February 2020. On the list were defense dealer Sanjay Bhandari, diamond trader Nirav Modi, and Vijay Mallya.
Persons: Vijay Mallya, Mallya, , Vijay, instagram Irfan Razac, superrich, Ambani, Ashwin, Tom Tugendhat, Sanjay Bhandari, Nirav Modi Organizations: Service, Prestige Estates, Business, Kingfisher, Financial Times, Royal, of Justice, Reuters, of State Security, Press Trust of, The, India's Central Bureau of Investigation, National Investigation Agency Locations: India, Bengaluru, Mumbai, London, Reuters India, Japan, Canada, New Zealand, Norway, British, Press Trust of India, The Times
“With social media, our attention is a product for advertisers and marketers.”Jack Latham’s project took him to five click farms in Vietnam. Though it is unclear when click farms began proliferating, tech experts warned about “virtual gang masters” operating them from low-income countries as early as 2007. In the following decades, click farms exploded in number — particularly in Asia, where they can be found across India, Bangladesh, Indonesia, the Philippines and beyond. The photographer added that TikTok is now the most popular platform at the click farms he visited. He included them in the book to represent the kind of content he saw being boosted by click farms.
Persons: Jack Latham, Vietnam —, ” Latham, Jack Latham’s, Latham, , Cambodia’s, Hun Sen, Donald Trump, Organizations: CNN, Facebook, Twitter, China Advertising Association, , BBC, Here Locations: Vietnam, Hanoi, Asia, India, Bangladesh, Indonesia, Philippines, China, Silicon, Hong Kong, , North Macedonia, Vevey, Switzerland
“The Russian government must have the data of how many foreign fighters have joined the Russian army and how many Nepalis are fighting for Russia,” she said. The Russian foreign ministry has not responded to CNN’s questions about the number of Nepalis recruited by the Russian army and how many of them have died so far. She thought her husband, Shukra Tamang – a retired Nepali army soldier fighting for Russia – was the person calling. A photo shows Shukra Tamang, a retired Nepali army soldier, training in Russia. Bonuses paidNepali men who want to join the Russian army first travel to Russia on a tourist visa.
Persons: Nepal CNN — Ramchandra Khadka, Khadka, , ” Khadka, Ramchandra Khadka, , Bimala Rai Paudyal, Nepalis, Kritu Bhandari, Russia haven’t, Bhandari, , Januka Sunar’s, hasn’t, Sunar, , Januka Sunar, it’ll, Tamang, Shukra Tamang, Shukra, , Russia –, Shishir Bishwokarma, Avangard, Suman Tamang, ” Tamang, “ It’s, It’s, Binoj Basnyat, Ram Sharma, Sharma, ” Sharma, Saud, Nepalis haven’t, Bhupendra Bahadur Khatri, hadn’t, ” Khatri, Basnyat Organizations: Nepal CNN, Russia, Ukraine, CNN, Russian, Henley & Partners, Bank, Communist Party of Nepal, Maoist, CNN CNN, YouTube, AK, Moscow Oblast, Avangard, United Arab, Agents, Moscow, CNN Kathmandu, World Bank Locations: Kathmandu, Nepal, Ukraine, Afghanistan, Russia, Russian, Moscow, Bakhmut –, Bakhmut, North Korea, Januka, Nepali, Avangard, Indian, United Arab Emirates, India, Dubai, UAE
Finance Minister Nirmala Sitharaman addresses the media after the interim budget on February 1, 2024 in New Delhi, India. So a lot of new people are accessing India," Sitharaman said, while touting that India was able to showcase its digital public infrastructure at the G20 summit it hosted in New Delhi last year. Sitharaman, when asked about what economic issues will define the vote, said "if economic issues are to dominate the election, it would be the recipients of the beneficiaries themselves coming out to say, 'I'm empowered now'." "If anything, for us it will be performance on the economic issues, good performance, inclusive growth that we've offered." The interim budget is typically a stop-gap financial plan during an election year, aimed at meeting immediate financial needs before a new government is formed.
Persons: Nirmala Sitharaman, Sitharaman, CNBC's, CNBC's Sri Jegarajah, Narendra Modi's, Pranjul Bhandari, Bhandari, Anantha Nageswaran Organizations: Hindustan Times, Getty, India's, CNBC's Sri, Mar, CNBC, India's Finance Locations: New Delhi, India, Europe, America, Brazil, Africa, Indonesia
HSBC discusses India budget expectations 2024
  + stars: | 2024-02-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's government not feeling 'big pressure' to announce major scheme to make people happy: HSBCPranjul Bhandari, chief India economist at the bank, says that's because "incomes haven't fallen that much, as was feared a couple of months ago."
Persons: HSBC Pranjul Bhandari Organizations: HSBC Pranjul Locations: India
As electric vehicle automakers like Tesla and BYD continue to make headlines, Goldman Sachs is watching the battery sector closely. Stocks with buy ratings Goldman's buy-rated stocks in the sector include South Korean companies LG Chem, Samsung SDI and LG Energy. It has a target price of 710,000 Korean Won ($530) on LG Chem and 800,000 Korean Won on Samsung SDI, representing potential upside of 81.6% and 123.2%, respectively. Meanwhile, It expects the price of LG Energy to hit 550,000 Korean Won in the next 12 months, representing 47.3% upside. The investment bank has a buy rating on the stock at 20.47 yuan ($2.84), giving it around 6.2% upside.
Persons: Goldman Sachs, Nikhil Bhandari, Goldman, — CNBC's Michael Bloom Organizations: EV, LG Chem, Samsung SDI, LG Energy, Won, U.S, Gotion High Tech, Mast, Recycling, Gotion, Tech Locations: EU, 2025E, South, Korean, United States, Switzerland
A map of northern Gaza shows the extent of Israeli forces’s invasion of the Gaza Strip. South of Gaza City, Israeli forces have cut a line from Gaza’s eastern border to the Mediterranean Sea in the west, effectively cutting off northern Gaza and encircling Gaza City. Israel’s armed forces have encircled Gaza City — the largest city in the Gaza Strip — in their assault on Hamas, the military said. Maps distributed by the IDF have directed Gazans to different areas of the southern part of the Gaza Strip. Pamphlets dropped in Gaza on Oct. 13 directed people to evacuate south of the Wadi Gaza, a coastal wetland in central Gaza.
Persons: Jonathan Conricus, ” Conricus, we'll, , Gazans, Khan Younis, Deir Organizations: AEI, United Nations Office, Humanitarian Affairs, Israel Defense Forces, IDF Locations: Gaza, Gaza City, Israel, Balah governorate, Maghazi, Deir
[1/5] A damaged building is seen after an earthquake in Jajarkot, Nepal, November 4, 2023. Officials said 99 people were killed in Jajarkot and 38 in neighbouring Rukum West district, both in Karnali province. At least 85 people were injured in Rukum West and 55 in Jajarkot, an official in the prime minister's office said. Thousands of residents spent the entire night in cold, open grounds because they were too scared to go in into the cracked houses as aftershocks struck," Sharma said. Local TV channels showed rescuers digging through the rubble with their bare hands looking for survivors in the debris of collapsed houses.
Persons: Harish Chandra Sharma, Sharma, Pushpa Kamal Dahal, Krishna Bhandari, Narendra Modi, Gopal Sharma, Saurabh Sharma, YP Rajesh, William Mallard Organizations: REUTERS Acquire, Seismological, German Research Centre, Geosciences, U.S . Geological, Reuters, Authorities, Indian, YP, Thomson Locations: Jajarkot, Nepal, New Delhi, Kathmandu, Rukum West, Karnali province, Ramidanda, Surkhet, Chaurjahari, Rukum, India, Uttar Pradesh, Uttarakhand, LUCKNOW
Rescuers Struggle to Find Nepal Quake Survivors, Deaths at 137
  + stars: | 2023-11-04 | by ( Nov. | At A.M. | ) www.usnews.com   time to read: +4 min
"The number of injured could be in the hundreds and the deaths could go up as well," Jajarkot district official Harish Chandra Sharma told Reuters by phone. Officials said 99 people were killed in Jajarkot and 38 in neighbouring Rukum West district, both in Karnali province. At least 85 people were injured in Rukum West and 55 in Jajarkot, an official in the prime minister's office said. Thousands of residents spent the entire night in cold, open grounds because they were too scared to go in into the cracked houses as aftershocks struck," Sharma said. Local TV channels showed rescuers digging through the rubble with their bare hands looking for survivors in the debris of collapsed houses.
Persons: Gopal Sharma, Harish Chandra Sharma, Sharma, Pushpa Kamal Dahal, Krishna Bhandari, Narendra Modi, Saurabh Sharma, YP Rajesh, William Mallard Organizations: Seismological, German Research Centre, Geosciences, U.S . Geological, Reuters, Authorities, Indian, YP Locations: Gopal Sharma KATHMANDU, Nepal, New Delhi, Kathmandu, Jajarkot, Rukum West, Karnali province, Ramidanda, Surkhet, Chaurjahari, Rukum, India, Uttar Pradesh, Uttarakhand, LUCKNOW
The Jabalia refugee camp is highlighted and the site of an airstrike within the camp shown. People and medics rush to the scene of an Israeli attack that hit the Jabalia refugee camp in north Gaza on Wednesday, Nov. 1. People and medics rushed to the scene of an Israeli attack that hit the Jabalia refugee camp in north Gaza on Wednesday, Nov. 1. The second airstrike hit on Wednesday Nov. 1 in the Falouja neighbourhood of Jabalia refugee camp, approximately half a mile from the site of Tuesday’s explosion. A third Israeli airstrike hit the Jabalia refugee camp on November 2, Reuters reported.
Persons: Benjamin Netanyahu’s, Volker Turk, ” Turk, , OpenStreetMap, Al Bureij, Khan Younis, Bureij, Jabalia, Nizar Rayan, Abdel Kareem Rayan, , Justin Bronk, ” Bronk, Al Mouhawel, Ibrahim Biari, Daniel Hagari, Biari, situating, ” Hagari, Hagari, Hazem Qassem, Muhammad A’sar, Abu Hussein, Antony Blinken, Blinken, Netanyahu Organizations: Islamic, Human, Space Agency Sentinel, United Nations Office, Humanitarian Affairs, Masae Analytics, United Nations, Reuters, Palestine Refugees, UNRWA, United Nations Relief, Works Agency for Palestinian Refugees, Hamas, Palestinian, Technology, Royal United Services Institute, Israeli Air, Attack Munitions, Pentagon, Maxar, Jabalia Battalion, Interior Ministry, European Union Locations: Gaza, Israel, Palestinian, Gaza ., Beach, Al, Jabalia, Rafah, Palestine, Israeli, London, JDAMs, Iraq, Afghanistan, Al Almey, Falouja, United States
Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.
Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun 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Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India
After over three weeks of heavy air strikes, Israeli ground forces have entered Gaza. A map of the northern part of the Gaza Strip shows Israeli forces ground incursions at two places along the northern border and one place along the eastern border, just south of Gaza City. 3 Cutting off Gaza City from the southAlthough the military has refused to say exactly where troops are operating, images on social media appear to show Israeli tanks on the road south of Gaza City. This line may threaten Salah Ad Deen Road, the main transport artery that runs the length of the Gaza Strip. Cutting it off would effectively split Gaza in two and isolate Gaza City from the south.
Persons: ” Amos Yadlin, Erez, , Omri Attar, Ben Milch, Salah Ad Deen Organizations: Observers, Gaza, Israel, Hamas, Combat Engineering, Combat Engineering Corps Locations: Gaza, Gaza City, Israeli
The destruction of Gaza
  + stars: | 2023-10-20 | by ( Mariano Zafra | Prasanta Kumar Dutta | Aditi Bhandari | ) www.reuters.com   time to read: 1 min
In the two weeks since Hamas gunmen killed 1,400 people in an attack on Israeli communities near the Gaza Strip, Israel has responded with an intense bombardment that has killed at least 4,137 Palestinians and displaced more than a million. Muted videos of airstrikes and exploding buildings. Videos shared by the Israeli Air Force of claimed strikes against targets in Gaza
Organizations: Israeli Air Force Locations: Gaza, Israel
Celina Bhandari gave up the digital nomad lifestyle to live in NYC full-time. Initially, I didn't see myself as a digital nomad, but the more I traveled while working, the more accurate it seemed. While working as a digital nomad had many perks — and although it was once my dream — I learned there are some drawbacks to this lifestyle. This was a big reason why I stopped being a digital nomad — I wanted to have a consistent community of people in my life. AdvertisementAdvertisementI felt proud of myself for living life as a digital nomad.
Persons: Celina Bhandari, Bhandari, , couldn't, I'd, I've, Alyshia Organizations: Service, Mount, Alyshia Hull Locations: Hawaii, New York City, France, Switzerland, Italy, Spain, New York , California, Japan, Bali, America, New York, ahull@insider.com
Water is running out in Gaza
  + stars: | 2023-10-16 | by ( Aditi Bhandari | Prasanta Kumar Dutta | Clare Trainor | ) www.reuters.com   time to read: +3 min
Following the deadly Hamas rampage across southern Israel on Oct. 7, which killed more than 1,300 people, Israel ordered an immediate cut-off of the country’s water supplies to the Gaza Strip. REUTERS/Ahmed ZakotOn Sunday, Israel’s energy minister said that a decision to renew water supplies to parts of southern Gaza was agreed on between Prime Minister Benjamin Netanyahu and U.S. President Joe Biden. On Monday, Hamas said that Israel had yet to resume water supplies for the Gaza Strip despite pledging to do so, while an Israeli official responded that some water was being provided to an area in the south of the enclave. Bar chart comparing the daily water consumption in litres per capita in Gaza and Israel. Map showing 3 desalination plants and 6 wastewater plants in the Gaza Strip.
Persons: Khan Younis, Ahmed Zakot, Benjamin Netanyahu, Joe Biden, Israel, Organizations: United Nations, REUTERS, U.S, Health, WHO, Palestinian Central Bureau of Statistics, Water, Palestinian Water Authority, Records, UNSCO Atlas, Sustainable, Resources, Israeli Information Center, Human Rights, World Bank Locations: Gaza, Israel, Sinai, Egypt, B’Tselem, Territories
While the Israeli military began raids into the Gaza Strip on Friday with tank-backed troops, violence along Israel’s border with Lebanon and within the West Bank has also been escalating. In the West Bank, Israeli security forces killed nine Palestinians and wounded dozens in confrontations on Friday, according to reports from the Palestinian health ministry. The Israeli military has said it is prepared for an escalation in the West Bank and is on high alert. A map of the West Bank and surrounding region showing many clashes and protest marches across the West Bank, including in the cities of Jenin, Hebron and Ramallah. Along Israel’s northern border with Lebanon, the Israeli military and Lebanese militia Hezbollah have been trading fire in border clashes.
Organizations: West Bank, Institute for, Palestine Islamic Jihad, Al, Martyrs Brigade, Hamas, Lebanese, Hezbollah, Reuters Locations: Gaza, Lebanon, Jenin, Hebron, Ramallah, Palestine, Israel
"It's more a virtuous cycle —lower battery prices mean more competitively priced EV cars [and in turn] higher adoption and higher demand." Technological developments such as direct lithium extraction could also cause a shake-up in battery prices. Battery market 'winners' Despite some potential risks, Bhandari identified several global stocks that look set to gain from the fall in battery prices. Battery market 'losers' Goldman also revealed a list of potential "losers" in the battery market, or stocks it has a sell call on right now. It gives Gotion a 22.6 Renminbi price target, or 1.8% downside.
Persons: Goldman Sachs, ning, Nikhil Bhandari, CNBC's, Bhandari, , Envicool, Goldman, CNBC's Naman Tandon Organizations: Battery, LG Chem, Korean, Panasonic, Hong Locations: China, Africa, Latin America, Hong Kong
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Indian rupee is under pressure but the Reserve Bank of India is 'standing strong,' HSBC saysPranjul Bhandari, chief India economist at the bank, says the Reserve Bank of India has a "huge wall of FX reserves," which it is using to keep the currency as stable as possible.
Persons: Pranjul Bhandari Organizations: Reserve Bank of, HSBC Locations: Reserve Bank of India, India
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFaster-than-expected fall in battery prices now starts to drive EV adoption: Goldman SachsNikhil Bhandari of Goldman Sachs says changes in raw materials and shifts in supply chains will drive down EV battery prices significantly going forward.
Persons: Goldman Sachs Nikhil Bhandari, Goldman Sachs
Buried under the bricks
  + stars: | 2023-09-15 | by ( Mariano Zafra | Aditi Bhandari | Dea Bankova | ) www.reuters.com   time to read: +2 min
A photo of the town of Adassil, Morocco, showing severe damage to many houses, which have collapsed after the earthquake. Almost a week after the most powerful earthquake to strike inside its borders since at least 1900, Morocco is still counting the dead. These traditional construction techniques are often praised for their ability to help regulate heat in the hot weather conditions of the region. With poverty levels high in the region, cost is often a driving factor, too. But the benefits of the earthen materials used to address local climate and economic conditions are also uniquely vulnerable to earthquakes.
Organizations: Locations: Adassil, Morocco, Marrakech
"We believe India's electricity sector is going through a generational shift as the country looks to balance the economic growth with decarbonization," Goldman Sachs analyst Nikhil Bhandari told CNBC's "Street Signs Asia". Bhandari also told CNBC that India has a unique opportunity in green hydrogen thanks to the viability of round-the-clock renewable electricity. "This is unlike China, where we feel around the clock renewable electricity will be more economical towards the end of the decade." Goldman has a 12-month price target of 265 Indian rupees ($3.24) on NTPC, representing more than 30% upside from the current share price. Shares of SJVN have already risen past Goldman's price target of 55 Indian rupees and now carry a downside risk of 6%.
Persons: Goldman Sachs, NTPC, Nikhil Bhandari, CNBC's, Bhandari, Goldman, — CNBC's Michael Bloom Organizations: CNBC, Tata Power Locations: India, China, NTPC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs predicts 'peak electricity demand shortages' in IndiaNikhil Bhandari, co-head of Goldman Sachs' Asia-Pacific natural resources and clean energy equity research, says that means round-the-clock renewables will be a "critical solution" but not a sufficient one, and coal "will still matter."
Persons: Goldman Sachs, India Nikhil Bhandari Locations: India, Asia, Pacific
We’re starting a new trend, we’re being trendsetters.”Ravit Kushmi, a participant who identifies as queer, calls the training “historic,” adding they can serve as Nepal’s LGBTQ tourism ambassadors. But Pant believes LGBTQ tourists have favored those destinations for years, and Nepal offers a fresh travel experience in Asia. The Nepal Tourism Board plans to launch an official LGBTQ tourism campaign soon, too. “This niche market will contribute to Nepal’s tourism,” says Mani R. Lamichhane, director of the Nepal Tourism Board. He says Nepal’s LGBTQ tourism would provide mutual benefits, particularly for tourists visiting the country seeking adventure and spiritual experiences.
Persons: Nepal’s, Sunil Babu Pant, , , gwara mari, , Bibek Bhandari, Himal Pandit, Manoj, Asshika, Ravit, Tiffany, Pant, John Tanzella, Courtney Mitchell, Sarah Welton, Mani R, Lamichhane, Rubina Bhujel, Bhadra, ” Bhadra, ” Pant Organizations: Kathmandu CNN, Pant, Nepal Tourism, , Nepal Mountaineering Academy, CNN, International, Travel, , Nepal’s, Nepal Tourism Board, West University, UN Locations: Kathmandu, Pant, Nepal, Bibek, Bibek Bhandari Nepal, Thamel, ” Nepal, Asia, Taiwan, India, Thailand, Pink, American, “ Nepal
Goldman Sachs expects an oversupply in the global market of battery parts for electric vehicles to have major implications for four major companies. Potential losers The bank's analysts expect POSCO Future M and EcoPro BM, two major Korean cathode producers, to be negatively impacted by this surplus. We thus initiate at Sell on Posco Future M and Ecopro BM," said Goldman Sachs analysts led by Nihil Bhandari in a note on June 12. And winners While Korean cathode manufacturers are expected to face potential margin compression, Korean battery cell makers LG Chem and Samsung SDI are deemed to be in a more favorable position. According to Goldman Sachs, the entry barrier for assembling battery cells is higher than for producing cathodes, making it a less crowded market.
Persons: Goldman Sachs, Nihil Bhandari, Goldman Organizations: Trust Asia, Japan ETF, South Korean, LG Chem, Samsung SDI, Investors, SmartETFs Sustainable Energy, Franklin FTSE Locations: Japan, POSCO, Korean, Franklin FTSE South Korea, South Korea
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