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☆ Elon Musk is heading to India. He could deliver a big win for Tesla and Narendra Modi
▼ + stars: | 2024-04-19 | by ( Diksha Madhok | ) edition.cnn.com time to read: +6 min

Apart from Tesla (TSLA), Musk is also the boss of rocket company SpaceX and X, formerly Twitter. If the investment in India is announced, it would be a boost to Modi’s efforts to make India a major global manufacturing hub. “We will support the growth of the automobile industry and its transition to EV manufacturing,” the manifesto said. In the fourth quarter of 2023, Tesla briefly lost its crown as the leader in global EV sales to Chinese automaker BYD. It recaptured the EV sales title from BYD in the first quarter, despite the drop in sales.

Persons: New Delhi CNN — Tesla, Elon Musk, Narendra Modi, Tesla, Musk, Modi, Pawan Chandana, “, Bharatiya Janata Party's, Sajjad Hussain, Bharat, ‘, India “, ”, ” Tesla Organizations: New, New Delhi CNN, Reuters, Skyroot Aerospace, CNN, Tesla, SpaceX, Twitter, Financial Times, India, Bharatiya Janata Party, BJP, Bharatiya Janata, Getty, Apple, Foxconn, Musk, India isn’t Locations: New Delhi, India, Shanghai, AFP, China, Beijing, Washington, United States, BYD, New York

☆ As India heads to the polls, the pros name 8 top stocks to buy
▼ + stars: | 2024-04-19 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +6 min

"The stars have aligned for India in terms of demographics, population and market movements. Peeyush Mittal, portfolio manager at Matthews Asia, agrees with the consensus that Modi will win a majority once again — which would be a "non-event" for markets. Conrad Saldanha, portfolio manager at the Neuberger Berman Emerging Markets Equity Fund, agrees. Among the companies on his watch are power equipment player Bharat Heavy Electricals and engineering conglomerate Thermax , amid an expected expansion in power generation capacity. According to FactSet data, 24 of the 26 analysts covering the stock have a buy or overweight rating on it.

Persons: Narendra Modi, Neil Bahal, Peeyush Mittal, Modi, Mittal, Conrad Saldanha, Neuberger Berman, Bharat, Neuberger Berman's Saldanha, Saldanha Organizations: South, Bombay Stock Exchange, CNBC Pro, —, Matthews Asia, Reserve Bank of, India Fund, Neuberger, Markets Equity Fund, Cummins India, Investor, Bharat Electronics, ICICI, HDFC, IndusInd Bank, Apollo Locations: Hong Kong, India, Reserve Bank of India, Saldanha

☆ India joins select group of nations able to fire multiple warheads on a single ICBM
▼ + stars: | 2024-03-12 | by ( Brad Lendon | Rhea Mogul | ) edition.cnn.com time to read: +4 min

Delhi CNN —India said Monday it had joined the world’s top nuclear powers by mastering the ability to put multiple warheads atop a single intercontinental ballistic missile. The successful test of multiple independently targetable reentry vehicle (MIRV) technology on the indigenously developed Agni-V ICBM puts India in a club that includes the United States, Russia, China, France and the United Kingdom. Neighboring Pakistan has also claimed to have MIRV technology, but experts say the claim is unverified. “Various Telemetry and radar stations tracked and monitored multiple re-entry vehicles. India did not give an exact number of reentry vehicles released during the Agni-V test, but MIRVed missiles can carry a dozen or possibly more MIRV warheads.

Persons: Narendra Modi, “, ” Modi, X, Rajnath Singh, ”, Amit Shah Organizations: Delhi CNN, DRDO, Defence Research, Development Organisation, Mission, Defense Ministry, Indian Defense, ., Center for Arms Control, Center for Strategic, International Studies Missile Defense, United States, Minuteman, National Museum of, US Air Force, US, Union of Concerned, US Defense Locations: Delhi, India, United States, Russia, China, France, United Kingdom, Neighboring Pakistan, Bay, Bengal, Bharat, Pakistan, Beijing

☆ US-Bound Ship From Reliance's Sikka Port Hits BPCL Crude Import Facility, Sources Say
▼ + stars: | 2024-03-11 | by ( March | At A.M. | ) www.usnews.com time to read: +1 min

By Nidhi VermaNEW DELHI (Reuters) - Oil tanker Hafnia Seine bound for the United States from Sikka port in Western India hit Bharat Petroleum Corp's (BPCL) crude import facility in an accident late on Sunday, two sources with the knowledge of the matter said on Monday. "It appears to have hit the peripheral structure of the single point mooring (SPM)," one of the sources said, adding that no vessel is scheduled to discharge at its SPM currently. BPCL has a single point mooring at Sikka to import crude for its landlocked Bina refinery in central India. The sources declined to be identified because they were not authorised to speak publicly about the matter. (Reporting by Nidhi Verma; Writing by Mohi Narayan; Editing by Jamie Freed)

Persons: Nidhi Verma, BPCL, RIL, Mohi Narayan, Jamie Freed Organizations: Nidhi Verma NEW DELHI, Bharat Petroleum, Reliance Industries, SPM Locations: United States, Western India, Jamnagar, Gujarat, Bina, India

☆ Recent student loan debt forgiveness is making good on previous legislation: Bharat Ramamurti
▼ + stars: | 2024-02-28 | 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 EmailRecent student loan debt forgiveness is making good on previous legislation: Bharat RamamurtiHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Bharat Ramamurti, Brian Sullivan, “ Organizations: CNBC

And while the economy usually comes out on top as the issue for most voters, there are doubts over whether even a good economy is enough for Joe Biden to win a second term. Certainly, the improving economy – and most importantly an inflation rate that is trending back to the Federal Reserve’s desired 2% annual target – should be an asset for Biden. “Obviously perceptions of Biden and Trump are largely baked in and have been for a long time” says Lee Miringoff, director of the Marist Institute for Public Opinion. “We’re playing at the margins at best.”For Democrats, running on a good economy will present its own challenges. The wing nuts have disproportionate power.”Ramamurti still believes that Biden should emphasize the economy, saying, “I’m of the view that good news is good news.

Persons: Joe Biden, ”, Jose Torres, ” Powell, “, Biden, Al Capone, Alejandro Mayorkas, Bharat Ramamurti, Trump, Lee Miringoff, David Walker, Walker, “ There’s, ” Ramamurti, Ramamurti, Gregory Daco, Pollsters, Mark Zandi Organizations: Federal, Biden, Fed, Interactive, Republicans, Democrats, CBS, Trump, GOP, Homeland, National Economic Council, Marist, ”, Marist Institute, Public, Biden Administration, Republican, Democratic Party, Democrat, Dow Jones, Moody's Locations: Pennsylvania

“It’s an ongoing effort,” said White House chief of staff Jeff Zients. “Under his leadership, we’ve attacked inflation from every angle.”The question is whether voters are feeling the improvement and will reward Biden. Or will they penalize him because inflation became a problem on his watch as the U.S. emerged from pandemic shutdowns? Past and current Biden administration officials say the decline in inflation since then was a result of a set of choices. Much of the public saw inflation through the lens of their grocery stores, strip malls and gas stations, but the White House considered it a worldwide issue.

Persons: Joe Biden, he's, Biden, ”, Jeff Zients, we’ve, Jason Smith of Missouri, Donald Trump, ” Trump, “ We're, Bharat Ramamurti, shutdowns, “, Jared Bernstein, White, Ben Harris Organizations: WASHINGTON, White, Bureau of Labor Statistics, Biden, Federal Reserve, House, National Economic Council, Congressional, Medicare, Factories, Shipping, White House Council, Economic Advisers, White House, U.S, Republican, Treasury Department, Associated Press, NORC, for Public Affairs Locations: “, U.S, Los Angeles, Long Beach , California, Russia, Ukraine, Israel, Red

☆ India is a ‘perfect’ emerging market for investors, ETF expert suggests
▼ + stars: | 2023-12-23 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

India could be the ideal site for emerging market investment, according to one ETF expert. "You've got a government that's a democracy that's supporting technology, and you've got a talent pool that's really unmatched on the planet," he said. Carter, who manages the India Internet & Ecommerce ETF (INQQ), underscored the significance of India's technology investments in particular. Carter's INQQ ETF focuses on Indian e-commerce and internet companies, targeting growth in the country's digital economy. "No other country on the planet has anything like this in terms of a digital foundation for their entire economy," Carter added.

Persons: Kevin Carter, EMQQ, CNBC's, You've, you've, Carter, they've Organizations: India, Ecommerce, Reliance Industries Locations: India

☆ We're looking at 'slow at best' growth in 2024, says former OMB Director Douglas Holtz-Eakin
▼ + stars: | 2023-11-30 | 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 EmailWe're looking at 'slow at best' growth in 2024, says former OMB Director Douglas Holtz-EakinBharat Ramamurti, former White House National Economic Council deputy director, and Douglas Holtz-Eakin, American Action Forum president and former Office of Management and Budget director, join 'Squawk Box' to discuss October's PCE inflation data, the state of the U.S. economy, and more.

Persons: Douglas Holtz, Bharat Ramamurti Organizations: White, National Economic Council, Action, of Management Locations: U.S

☆ Price hikes and spending cooled last month, Fed’s preferred inflation gauge shows
▼ + stars: | 2023-11-30 | by ( Alicia Wallace | ) edition.cnn.com time to read: +4 min

The core PCE price index is at its lowest annual rate since April 2021, marking another step toward the Fed’s target of 2% inflation. When including gas and food prices, the overall PCE index was unchanged last month. Consumer expenditures increased 0.2% last month, a marked pullback from the 0.7% jump seen in September. When taking out inflation, however, the 0.2% real spending in October was down only slightly from September’s 0.3% gain. Holiday uncertaintyThe spending patterns last month align with the ongoing trend of people spending their money more on experiences.

Persons: Bharat Ramamurti, Kayla Bruun, Jill Renslow, Bruun, ” Ramamurti, ” Organizations: Minneapolis CNN, The Commerce Department, Federal Reserve, PCE, National Economic Council, CNN, Consumers, Morning, of, National Retail Federation Locations: Minneapolis, of America, Bloomington , Minnesota

The logo of Oil and Natural Gas Corp's (ONGC) is pictured along a roadside in Ahmedabad, India, September 6, 2016. The comments come after India's finance minister announced a plan this year to provide equity of 300 billion rupees ($3.6 billion) to help the big state oil refiners move towards cleaner energy. Based on rights issues previously announced by two other state refiners, an ONGC issue could amount to about 155 billion Indian rupees ($1.86 billion), Reuters calculations show. ONGC, HPCL and the oil and finance ministries did not immediately respond to requests for comment. India's other big state refiners, Indian Oil Corp (IOC.NS) and Bharat Petroleum Corp (BPCL.NS) have announced plans to launch rights issues of 220 billion and 180 billion rupees, respectively.

Persons: Amit Dave, ONGC, Nidhi Verma, Tony Munroe, Clarence Fernandez Organizations: Gas, REUTERS, Natural Gas Corp, Hindustan Petroleum Corp, Indian Oil Corp, Bharat Petroleum Corp, IOC, Thomson Locations: Ahmedabad, India, DELHI, New Delhi, HPCL, ONGC, BPCL

___Their recommendations include securing land rights for women, promoting women's cooperatives and encouraging women to lead on developing climate policy. The link between phenomena like uterine prolapse and climate change is indirect but significant, said Seema Bhaskaran, who tracks gender issues for the nonprofit Transform Rural India Foundation. “It must prioritize awareness programs that emphasize the specific health challenges women face in the wake of climate change as a critical step towards increasing public knowledge. These efforts will also serve as a call to action for governments, institutions, and communities to prioritize women’s health and well-being as a central component of their climate initiatives,” she added. “Definitely there is a very clear recognition that climate has a health impact and health needs to be considered more seriously,” she said.

Persons: Manju Devi, Devi, hadn’t, ___, Seema Bhaskaran, Bhaskaran, Savita Singh, Singh's, Singh, ”, Babita Kumari, Kumari, Poonam, COP28, Anjal Prakash, Shweta Narayan Organizations: DELHI, India Climate Journalism, Associated Press, Stanley Center for Peace, Security, Press Trust of India, India's, Transform Rural, Foundation, Climate Central, Population Foundation of India, Bharat Institute of Public, Indian School of Business, United Nations, Health, AP Locations: Delhi, Dubai, India, New Delhi, Syaraul, Uttar Pradesh, Nanu, U.S

☆ Indian shares rise as falling oil prices boost energy stocks
▼ + stars: | 2023-11-08 | by ( Bharath Rajeswaran | ) www.reuters.com time to read: +2 min

REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsBENGALURU, Nov 8 (Reuters) - Indian shares rose on Wednesday, led by energy stocks, as crude prices fell, while a drop in high weightage financials after a recent rise capped gains. The NSE Nifty 50 index (.NSEI) was up 0.23% at 19,451.10 as of 10:07 a.m. IST, while the S&P BSE Sensex (.BSESN) rose 0.14% to 65,027.13. "Moderation in U.S. bond yields, positive earnings and a drop in crude oil prices are positive for the markets," said analysts at Centrum Institutional Research. Ten of the 13 major sectors rose, with energy (.NIFTYENR) and oil & gas (.NIFYOILGAS) rising 0.5% and 1%, respectively. ICICI Bank (ICBK.NS), SBI Life Insurance (SBIL.NS), Bajaj Finance (BJFN.NS), Kotak Mahindra Bank (KTKM.NS) were among the top Nifty 50 losers, shedding between 0.3% and 0.8%.

Persons: Francis Mascarenhas, Powell, Brent, Bharath Rajeswaran, Dhanya Ann Thoppil, Sohini Goswami, Nivedita Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, BSE, Centrum Institutional Research, Bharat Petroleum Corporation, ICICI Bank, SBI Life Insurance, Bajaj Finance, Kotak Mahindra Bank, Wall, U.S, Treasury, Nasdaq, Apollo Tyres, Prestige Estate, Thomson Locations: Mumbai, India, China, Bengaluru

Ajay Bisaria, India's ambassador to Canada from 2020 to 2022, said the relationship is in a "de-escalation phase" following "quiet diplomacy". "This is not a thaw," an Indian foreign ministry official told Reuters. 'MODEST DE-ESCALATION'Officials in India and Canada spoke on condition of anonymity as they were not authorised to speak on the subject. The Indian foreign ministry did not respond to a request for comment. Canada's foreign ministry pointed to comments made by Foreign Minister Melanie Jolie on Oct. 30.

Persons: Narendra Modi, Justin Trudeau, Evan Vucci, Michael Kugelman, Ajay Bisaria, Hardeep Singh Nijjar, India's, Ottawa’s, Melanie Jolie, Jolie, Modi, Kugelman, Michael Bociurkiw, Krishn Kaushik, Steve Scherer, YP Rajesh, William Mallard Organizations: Indian, Canada, Bharat, DELHI, Mutual, South Asia Institute, Wilson Center, Reuters, Canadian, Foreign, Atlantic Council, YP, Thomson Locations: New Delhi, India, Canada, OTTAWA, Punjab, Delhi, Ottawa, Washington, China, Vancouver, Hardeep, Vienna

☆ Stock futures are little changed after the S&P 500's best week of 2023: Live updates
▼ + stars: | 2023-11-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

U.S. equity futures were flat on Sunday evening after the major averages capped their best week so far this year. S&P 500 futures ticked higher by 0.03% and Nasdaq 100 futures hovered below the flat line at 0.01%. November is the best-performing month for the S&P 500, according to the Stock Traders' Almanac. The S&P 500 has generated an average return of 7% from November through April since then, he said. Several other Fed officials are making public remarks later in the week as well, including New York Federal Reserve President and CEO John Williams, Atlanta Federal Reserve President Raphael Bostic, Richmond Federal Reserve President Thomas Barkin and Dallas Fed President Lorie Logan.

Persons: Dow, LPL, Adam Turnquist, Turnquist, Walt Disney, Wynn, Jerome Powell, Bharat Ramamurti, CNBC's, Lisa D, Cook, John Williams, Raphael Bostic, Thomas Barkin, Lorie Logan Organizations: Dow Jones, Nasdaq, Stock Traders, MGM Resorts, Occidental Petroleum, National Economic Council, New York Federal Reserve, Atlanta Federal Reserve, Richmond Federal, Dallas Fed Locations: Horton, Atlanta, Richmond

☆ October jobs report may signal top of the Fed's hiking cycle: Fmr. NEC Deputy Director Ramamurti
▼ + stars: | 2023-11-03 | 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 EmailOctober jobs report may signal top of the Fed's hiking cycle: Fmr. NEC Deputy Director RamamurtiBharat Ramamurti, Former NEC Deputy Director, joins 'Closing Bell Overtime' to talk the October jobs report.

Persons: Ramamurti Bharat Ramamurti Organizations: NEC

☆ Indian economy regains its swagger as China stumbles
▼ + stars: | 2023-11-03 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

New Delhi CNN —India’s economy is like an elephant. India’s economy is currently worth nearly $3.5 trillion, making it the world’s fifth largest. “India’s economy is comfortably placed to grow at an annual rate of at least 6% in the coming few years,” Barclays said. But even as India’s heft is increasing, it is far from recreating the economic miracle China unleashed decades ago. It will, no doubt — though it won’t be enough to shield the world economy should China’s economy stumble badly,” they added.

Persons: Narendra Modi, ”, Eswar Prasad, Modi, Prasad, Ludovic Marin, Mukesh Ambani’s, Gautam Adani’s, Willy Shih, Frederic Neumann, Justin Feng Organizations: New, New Delhi CNN, Economic, Cornell University, International Monetary Fund, China, Barclays, IMF, ” Barclays, Hindustan Times, Modi, bonanza, Unified, Bharat, Getty, Bank, Mukesh Ambani’s Reliance Industries, Apple, Harvard Business School, HSBC Locations: New Delhi, India, Switzerland, Davos, ”, ’, China, ” New Delhi, Sewri, Mumbai Bhushan, AFP, Beijing, Washington

☆ Malan won't blame coach Mott for England's dismal title defence
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

Their only win in the tournament came against Bangladesh and Sunday's defeat at the hands of table-toppers India was their fourth successive loss. "It has been frustrating from a players' point of view because we know we're better than that." "We've played six games now and we've not been anywhere near where we wanted to be so it is disappointing from that point of view," Malan said. "I'm pretty sure I'll be done for that but I'd love the guys to play in that," Malan said. "Hopefully we can find the momentum and finish the World Cup on a high."

Persons: Bharat Ratna, Atal Bihari, England's Dawid Malan, India's Mohammed Siraj, Andrew Boyers, Dawid Malan, Matthew Mott, Malan, We've, Amlan Chakraborty, Muralikumar Organizations: ICC Cricket, Atal Bihari Vajpayee Ekana Cricket, REUTERS, BBC Sport, Thomson Locations: India, England, Lucknow, DELHI, Bangladesh, Australia, Pakistan, New Delhi

☆ India win low-scoring contest to heap more misery on England
▼ + stars: | 2023-10-29 | by ( Saurabh Sharma | ) www.reuters.com time to read: +1 min

Rohit Sharma saved India's blushes with a captain's knock of 87 in what initially appeared a below-par total of 229-9 on a tricky surface at the Ekana Stadium in Lucknow. Put into bat, the hosts slumped to 40-3 in the 12th over before Rohit forged a 91-run partnership with KL Rahul (39) to arrest their slide. Suryakumar Yadav contributed a breezy 49 down the order and India's tailenders scored some useful runs towards the end to take them past the 225-mark. England were reduced to 52-5 inside 16 overs in a remarkable batting capitulation and were eventually bundled out for 129 in inside 35 overs with Mohammed Shami claiming 4-22 for India. Writing by Amlan Chakraborty in New Delhi; editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Bharat Ratna, Atal Bihari, India's Mohammed Shami, England's Moeen Ali, Adnan Abidi, Rohit Sharma, India's, Rohit, Suryakumar Yadav, India's tailenders, Mohammed Shami, Liam Livingstone's, Amlan Chakraborty, Pritha Sarkar Organizations: Cricket, ICC Cricket, Atal Bihari Vajpayee Ekana Cricket, KL Rahul REUTERS, England, KL, Thomson Locations: India, England, Lucknow, LUCKNOW, New Delhi

Indian Prime Minister Narendra Modi welcomes Canada Prime Minister Justin Trudeau upon his arrival at Bharat Mandapam convention center for the G20 Summit, in New Delhi, India, Saturday, Sept. 9, 2023. Canada on Thursday pulled out 41 diplomats from India, and had earlier paused trade treaty talks with India. India imports potash, lentils, and energy products such as coal, coke and briquettes among other goods from Canada. Bilateral trade between Canada and India touched $8 billion in 2022. Canada has invested more than $3.6 billion in India with over 40% of that being in services and infrastructure, according to Invest India.

Persons: Narendra Modi, Justin Trudeau, Evan Vucci, Hardeep Singh Nijjar, There's, Neha Arora, Nikunj, Mayank Bhardwaj, Raju Gopalakrishnan Organizations: Indian, Canada, Bharat, Invest India, Reuters, JSW Steel, Canada's Teck Resources, Thomson Locations: New Delhi, India, DELHI, Canada, Ottawa, Surrey, Vancouver, Canada's Teck

☆ India and Japan will be Asia's next power couple
▼ + stars: | 2023-10-19 | by ( Pranav Kiran | ) www.reuters.com time to read: +4 min

Indian Prime Minister Narendra Modi welcomes Japan Prime Minister Fumio Kishida upon his arrival at Bharat Mandapam convention center for the G20 Summit, in New Delhi, India, Saturday, Sept. 9, 2023. Evan Vucci/Pool via REUTERS Acquire Licensing RightsBENGALURU, Oct 19 (Reuters Breakingviews) - India and Japan are edging closer. Prime Minister Narendra Modi and Prime Minister Fumio Kishida's governments form part of the so-called Quad security grouping with the United States and Australia to counter Chinese expansionism in Asia. Now the two countries are setting up an investment fund together. That’s delivering on a pledge by Kishida to invest 5 trillion yen, or some $42 billion, into India over the next five years.

Persons: Narendra Modi, Fumio Kishida, Evan Vucci, Fumio, Kishida, Wood Mackenzie, Sajjan Jindal, India’s, Lakshmi Mittal, JBIC, Una Galani, Thomas Shum Organizations: Indian, Japan, Bharat, REUTERS Acquire, Rights, Reuters, National Investment, Infrastructure Fund, Japan Bank, International Cooperation, Japan External Trade Organization, Nippon Telegraph, Telephone, Reuters Graphics, Teck Resources, Nippon Steel, ArcelorMittal, Japan Fund, Thomson Locations: New Delhi, India, Japan, United States, Australia, Asia, Reuters Graphics India, China, Russia, South, Teck, Indian

Reuters reported in July that Indian refiners began using yuan to pay for some oil from Russian sellers, while continuing to use dollars and dirhams to settle most of their Russian oil purchases. Indian refiners buy most of their Russian oil from traders, while making some direct purchases from Russian entities. State-run Indian Oil Corp (IOC.NS), the country's top refiner, has used yuan and other currencies to pay for Russian oil, Reuters reported previously. Private Indian refiners have continued to pay in yuan and other currencies for Russian oil imports, sources said, with most Indian purchases of Russian oil paid in dirham. Indian Oil, BPCL and HPCL and the country's oil and finance ministries did not immediately respond to Reuters' requests for comments.

Persons: Tatiana Meel, Nidhi Verma, Tony Munroe, Simon Cameron, Moore Organizations: REUTERS, European Union, Reuters, Gazprom Neft, Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum, Thomson Locations: Nakhodka Bay, Nakhodka, Russia, DELHI, India, Moscow, Ukraine, United States, dirhams, Gazprom, dirham, Hong Kong, China

Quite a few of the hospitals have seen a sudden influx of patients booked in for check-ups involving a night's stay to coincide with the most anticipated match of the World Cup. The Ahmedabad Hospitals and Nursing Homes Association has discouraged its members from accommodating such fans. India and Pakistan head into the showdown having both won their opening two matches at the tournament. The city has been declared a 'no-drone zone' on Saturday, and 11,000 security personnel will be deployed for the high-profile match, Ahmedabad police commissioner GS Malik said. On their first tour of India since the 2016 T20 World Cup, Pakistan were accorded a warm welcome in Hyderabad, where they played their first two matches.

Persons: Sardar Vallabhbhai Patel, Pakistan's Shaheen Shah Afridi, Amit Dave, Tushar Patel, Bharat Gadhavi, Hemish Patel, Patel, Airfare, Narendra Modi, Donald Trump, Anthony Albanese, GS Malik, Shaheen Afridi, Jasprit, Liyakat Khan, Samiya, Hasan Ali, Khan, Amlan Chakraborty, Ken Ferris Organizations: Cricket, ICC Cricket, Pakistan cricket team, India, India REUTERS, Ahmedabad Medical Association, Reuters, Nursing Homes Association, THREE, Control, BCCI, Australia, Pakistan, Asia, Indian Express, Thomson Locations: Ahmedabad, India, DELHI, AHMEDABAD, Pakistan, Indian, Mumbai, Hyderabad, Sri Lanka, New Delhi

"Most traffic issues occur because of non-line-of-sight scenarios," the government panel said in its 58-page draft, which is being reported for the first time by Reuters. "Most sensors do not work well in these scenarios and V2X fills the gap," it added, referring to the connected car technology commonly known as vehicle-to-everything (V2X). In Europe, the Euro NCAP rules recognise vehicle connectivity as a key milestone in crash avoidance and car ratings, the report added, while China and the United States are among the nations evaluating similar rules to improve safety. "With limitation for growth infrastructure there is a strong need to depend on technology to address challenges," the panel said in its report. The United States estimates introducing V2X connected vehicle technology could prevent at least 600,000 crashes a year.

Persons: Francis Mascarenhas, Bharat, V2X, Munsif, Aditi Shah, Aditya Kalra, Clarence Fernandez Organizations: REUTERS, Reuters, Reliance, Samsung, Qualcomm, Mahindra & Mahindra, Mahindra, carmakers, United, Thomson Locations: New Delhi, India, China, Europe, USA, DELHI, Indian, United States, Bengaluru

☆ U.S. ambassador insists America remains the top foreign policy actor in the Middle East
▼ + stars: | 2023-10-04 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Ambassador to the United Arab Emirates Martina Strong believes the U.S. is unequivocally the most important foreign policy actor in the Middle East. Her comments come roughly one year after President Joe Biden threatened "consequences" for Saudi Arabia after the OPEC kingpin slashed oil production along with its allies against Washington's wishes. Biden's administration has been notably quiet about recent OPEC+ output cuts, however, even as oil prices have rallied close to $100 a barrel. Saudi Arabia has recently shown signs of steering toward China and Russia after rekindling relations with Iran through Beijing-mediated talks and receiving an invitation to join the emerging economies' BRICS alliance. Asked by CNBC's Dan Murphy whether the U.S. remained the most important foreign policy actor in the region, Strong replied, "Absolutely.

Persons: United Arab Emirates Martina Strong, Joe Biden, Washington's, Biden's, CNBC's Dan Murphy, Strong, Saudi Arabia's Crown Prince, Mohammed bin Salman, Narendra Modi, Evelyn Hockstein Organizations: United Arab Emirates, U.S ., UAE, Saudi Arabia's Crown, India's, Bharat, Afp, Getty Locations: U.S, Saudi Arabia, Israel, China, Russia, Iran, Beijing, New Delhi

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