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☆ India’s farmers are up in arms again. Will it hurt Modi’s reelection campaign?
▼ + stars: | 2024-04-26 | by ( Vinay Dwivedi | ) www.cnbc.com time to read: +5 min

Narinder Nanu | AFP | Getty ImagesNEW DELHI — Farmers in India's Punjab state are raising the pitch of their ongoing protests, as the second phase of India's general elections starts Friday. Thousands of farmers continue to drum up support for their demands, foremost being a legal guarantee for minimum support prices for their produce. A Lokniti-CSDS survey earlier this month showed 59% of the respondents found the farmers' demands "genuine," while 16% deemed the protests a "conspiracy" against the government. CNBC did not immediately receive a response from India's Agriculture Ministry on queries pertaining to the farmers' demands. What India's farmers want

Persons: Narinder Nanu, Narendra Modi, Modi, Yogendra Yadav, Sanjay Kumar, Modi's, Kumar, it's, Jagjit Singh, Ayyakannu, Dallewal Organizations: AFP, Getty, DELHI — Farmers, Bharatiya Janata Party, BJP, Modi's BJP, CNBC, India's Agriculture, Tamil Nadu, Morcha Locations: Amritsar, DELHI, India's Punjab, Punjab, Khanauri, Haryana, India, New Delhi, Delhi, Tamil, Varanasi, Tamil Nadu, Varansai, Uttar Pradesh, Samyukta

☆ India's high unemployment is a 'ticking bomb,' opposition says as election battle with Modi's BJP heats up
▼ + stars: | 2024-04-23 | by ( Vinay Dwivedi | ) www.cnbc.com time to read: +4 min

India's unorganized sector, which is made up of millions of small businesses that are privately owned, make up about 93% of the country's total workforce. As many as 32% of the respondents said increasing unemployment was the key reason why they would not elect the BJP again. India's Labour Ministry did not immediately respond to CNBC's queries pertaining to the country's unemployment situation. Rajan, who was speaking about how to make India an advanced economy at the George Washington University, said: "Unemployment numbers are high, disguised unemployment is even higher. A slowdown in hiring in India's huge information technology sector is also to blame for the lack of well-paying, white-collar jobs.

Persons: Rahul Gandhi, Narendra Modi, Modi, Gandhi, —, Manmohan Singh, Arun Kumar, Lokniti, joblessness, Kumar, Raghuram Rajan, Rajan Organizations: DELHI, International Labour Organisation, Institute of Human, Goods, Services Tax, Jawahar Lal Nehru, CNBC, ILO, Bharatiya Janata Party, Indian National Congress, BJP, Modi, India's Labour Ministry, Former Reserve Bank of India, George Washington University, Labor Locations: India, Bihar, New Delhi

☆ China slams the U.S. for interfering in Arunachal Pradesh border dispute with India
▼ + stars: | 2024-03-21 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +2 min

A tableau of Arunachal Pradesh state during the Republic Day parade along Kartavya Path in New Delhi, India, on Friday, Jan. 26, 2024. China slammed the United States for interfering in its border dispute with India, after Washington said it recognized the disputed Arunachal Pradesh as a part of Indian territory. China, which refers to the territory as Zangnan, claims Arunachal Pradesh is part of southern Tibet. India rejects those claims, stating Arunachal Pradesh has always been a part of India. Kugelman pointed out that the U.S. typically refrains from commenting on some Indian border disputes, such as the one with Pakistan over Kashmir.

Persons: Washington, Lin Jian, China's, Narendra Modi, Vedant Patel, Zangnan, Lin, Michael Kugelman, Kugelman Organizations: India's, Foreign Ministry, U.S . State Department, United, LAC, South Asia Institute, Wilson Center, CNBC Locations: Arunachal Pradesh, New Delhi, India, China, United States, Beijing, Indian, Tibet, U.S, Pakistan, Kashmir, Washington

RUSSIAN DEATH TOLL IN HAMAS ATTACKS RISES TO 4MOSCOW — Russia’s embassy in Israel said the number of Russian citizens killed in the latest Israel-Palestinian war has risen to four. Previously, two Russian citizens were believed to have been killed and four were missing, according to Anatoly Viktorov, Russian Ambassador to Israel. 2 RUSSIAN CITIZENS WERE KILLED IN HAMAS ATTACKS IN ISRAELMOSCOW — Russia’s ambassador to Israel said that two Russian citizens have been killed in of the latest Israel-Palestinian war. Viktorov said that four other Russian citizens remain missing. He said the embassy has no information confirming Hamas’ claim that several Russian citizens were among the hostages it has taken.

Persons: Israel pummeled, Elon Musk, Musk, Marina Ryazanova, Anatoly Viktorov, Abdel Fattah el, JERUSALEM —, Cross, Fabrizio Carboni, we’ve, ” Carboni, “, Volker Türk, Türk, ”, ” PUTIN, Vladimir Putin, Mohammed Al, Sudani, Putin, regrettably hasn’t, ” Putin, Leo, Khan Younis, Chancellor Olaf Scholz, INDIA'S MODI, Narendra Modi, Benjamin Netanyahu, ” Modi, Modi, ISRAEL MOSCOW —, Israel, Anatoly Viktorov didn’t, hasn’t, Viktorov, MACRON, Emmanuel Macron, Olaf Scholz, Macron, Muqtada al, National Security Iyad, Bazm, Dmitry Peskov, Mahmoud Abbas, Peskov, it’s, Volodymyr Zelenskyy’s, Tarik Jazarevic, HAVE Organizations: ‘, Twitter, Tass, International Committee, ICRC, Associated Press, HUMAN RIGHTS, The United Nations, Palestinian, Tuesday, Iraqi, MSF, Shifa Hospital, Nasser Hospital, ISRAEL BERLIN, German Foreign Ministry, Indian, Israel’s, Israel, ISRAEL MOSCOW, Hamas, Ministry of Interior, National Security, Kremlin, WHO, The United, World Health Organization, United Nations, UNRWA, PARIS — France’s Locations: Israel, Gaza, U.N, ISRAEL, MOSCOW, Russian, Egypt, Palestinian, Geneva, GAZA, U.S, GAZA CAIRO, Gaza City, Khan, Shalom, GERMANY, Israeli, Germany, DELHI, India, FRANCE, MACRON HAMBURG, Iran, Hamburg, France, IRAQ, GAZA BAGHDAD, Sadr, Najaf, Iraq, RAFAH, Rafah, RUSSIA, Moscow, GAZA GENEVA, The United Nations, UN, BEIRUT

☆ China and India are so far into frenemy zone that they may never join forces to topple the dollar
▼ + stars: | 2023-10-03 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

The economist who coined the "BRIC" acronym said the currency idea seemed "crazy." The bloc is helmed by the major emerging nations of Brazil, Russia, India, China, and South Africa. It also appears that it's just Russia and Brazil that have really pushed for a BRICS common currency. But even if a BRICS currency comes to pass, its use could be limited. AdvertisementAdvertisementPrakash said a BRICS currency would be used in "very narrow and vertical settings, or for BRICS projects."

Persons: —, Washington, Joseph Sullivan —, There's, Jim O'Neill, Goldman Sachs, O'Neill, Xi Jinping, Narendra Modi, Xi, didn't, Li Qiang, Liu Pengyu, Modi, Liu, there's, Abishur Prakash, it's, China hasn't, Palit, Prakash Organizations: Service, White House, Indian, Monetary Fund, China's, UN, China, Institute of South Asian Studies, National University of Singapore, Affairs Ministry Locations: China, India, Russia, Ukraine, Brazil, South Africa, Europe, Africa, Beijing, New Delhi, Johannesburg, China's Washington, DC, BRICS

☆ 'A real big deal': Biden backs economic corridor as shifting geopolitical alliances fragment the global economy
▼ + stars: | 2023-09-18 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

This would in turn secure regional supply chains, boost trade connectivity and economic activity — all similar to objectives underpinning China's Belt and Road Initiative, a global infrastructure investment strategy that Beijing launched in 2013. - | Afp | Getty ImagesThis Biden-led initiative will comprise of two separate corridors, the east corridor connecting India to the Middle East and the northern corridor connecting the Middle East to Europe. Middle East influenceChina's BRI offers a glimpse into Biden's ambition and perhaps what his infrastructure pact will come up against. Debt risksEven then, China's 10-year head start offers some cautionary lessons for Biden's global infrastructure pact. "25% of debt of emerging markets is treading in distressed territory," IMF's Managing Director Kristalina Georgieva told CNBC on the sidelines of the Delhi G20 leaders' summit.

Persons: Crown Prince, Mohammed bin Salman, Narendra Modi, Joe Biden, Ludovic Marin, Recep Tayyip Erdoğan, Evan Feigenbaum, Emmanuel Macron, Joko Widodo, Luiz Inacio Lula da Silva, Gandhi, Biden, China's BRI, Beijing's BRI, Chong Ja Ian, Kristalina Georgieva, Janet Yellen, Chong, Modi Organizations: Saudi, Crown, India's, Bharat, Afp, Getty, Biden, Initiative, Carnegie Endowment, International, Brazil's, European Union, Democratic, Fudan University, for Economics, Business Research, Arab, United Arab, Bloomberg, IMF, National University of Singapore, Monetary Fund, World Bank, CNBC, Treasury, NUS, India, Shanghai Cooperation Organization Locations: New Delhi, Turkey, Delhi —, Beijing, U.S, Raj, India, East, Europe, UAE, Saudi Arabia, Jordan, Israel, Delhi, Democratic Republic of, Congo, Zambia, Lobito, Angola, Middle, Shanghai, London, China, United Arab Emirates, Washington, Saudi, Iran, People's Republic of China, New York, United States

☆ IMF chief says new Biden-backed economic corridor should not exclude any countries
▼ + stars: | 2023-09-10 | by ( Clement Tan | ) www.cnbc.com time to read: +4 min

A more fragmented global economy though, has limited global trade growth — which now lags global economic growth. "What is important is to do it for the benefit of everybody, and not for exclusion of others," she said. "In that sense, I would encourage all countries working collaboratively with each other to do so in the spirit of integrated economy." Virtuous cycleIn reality, this Biden-backed economic corridor would add to existing infrastructure investment for the regions involved. "And I call on our members to strengthen the global financial safety net," Georgieva separately said Sunday in a press release, released shortly after the G20 summit formally ended.

Persons: Narendra Modi, Kristalina, Evan Vucci, The, Kristalina Georgieva, Joe Biden's, Georgieva, CNBC's Martin Soong, Biden, Modi Organizations: India's, Monetary Fund, Bharat, Afp, Getty, The Biden, International Monetary Fund's, Indian, European Union and, United Arab Emirates, Biden, CNBC, IMF Locations: New Delhi, India, Israel, Jordan, Saudi Arabia, U.S, Covid, Ukraine, Delhi

☆ G20 welcomes African Union as permanent member at Delhi leaders' summit
▼ + stars: | 2023-09-09 | by ( Clement Tan | ) www.cnbc.com time to read: +3 min

Flags of participating countries are pictured inside the International media center at the venue of the G20 leaders' summit, days ahead of its commencement in New Delhi on September 7, 2023. Money Sharma | Afp | Getty ImagesNEW DELHI — The African Union became the second regional grouping to be admitted to the Group of 20 leading industrialized and developing nations as a full permanent member, Indian Prime Minister Narendra Modi announced Saturday at the start of the two-day G20 leaders' summit in Delhi. The widely-anticipated move underscores India's wide-ranging agenda to elevate the global multilateral forum's focus on the Global South in its presidency of the G20 this year. The 55-member bloc of African nations joins the European Union as only the second regional organization to become a permanent member of the G20. "It is in the spirit of together with all that India proposed permanent membership for the African Union in the G20."

Persons: Money Sharma, Narendra Modi, Modi, Azali Assoumani, Lula da Silva, Justin Trudeau, Emmanuel Macron, Germany's, Olaf Scholz, Fumio Kishida, Saudi Arabia's Crown Prince Mohammed bin Salman, Recep Tayyip Erdoğan, Joe Biden, Vladimir Putin, Xi Jinping, Sergey Lavrov, China Premier Li Qiang Organizations: International, Afp, Getty, African Union, Indian, European Union, International Monetary Fund, Global, U.S, Canadian, Saudi Arabia's Crown, Russian, China Premier Locations: New Delhi, Delhi, India, China, —, Japan, Ukraine

☆ G20 summit: President Joe Biden is hoping to convince the world's largest economies to rally behind Ukraine at summit in New Delhi
▼ + stars: | 2023-09-09 | by ( Kevin Liptak | ) edition.cnn.com time to read: +5 min

New Delhi CNN —President Biden was hoping to convince the world’s largest economies to rally behind Ukraine during Saturday’s Group of 20 summit in India while also pressing his case for American investment in the developing world. And he was unveiling new reforms and investments in the World Bank, which the White House says could unlock hundreds of billions of dollars in grants and loans for the developing world. Biden hopes to use his announcements on new infrastructure and investments as demonstration of US commitment to the developing world, and a better option for partnership than China. Without Xi attending, Biden will have the implicit opportunity to demonstrate sustained American commitment while questioning China’s. American officials said Saturday it wasn’t clear to them why Xi decided to skip the G20 for the first time.

Persons: Biden, Xi Jinping, Vladimir Putin —, White, Narendra Modi, haven’t, Biden’s, Jon, “, Xi, China’s, “ I’m Organizations: New, New Delhi CNN —, Ukraine, Saturday’s Group, —, World Bank, Diplomats, Indian, East, Ukraine skeptically, United Arab Emirates, European Union Locations: New Delhi, India, Europe, East, Asia, Ukraine, Russia, Delhi, North, West, Moscow, United States, China, Saudi Arabia, Beijing

☆ Indian PM Modi says a consensus has been reached on a G20 declaration
▼ + stars: | 2023-09-09 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

India's Prime Minister Narendra Modi (2L) addresses the opening session of the G20 Leaders' Summit at the Bharat Mandapam in New Delhi on September 9, 2023. NEW DELHI — Indian Prime Minister Narendra Modi said Saturday the Group of 20 nations had reached a consensus on a joint declaration, despite differences over the war in Ukraine. Modi offered no other details on the exact wording of the communique, but the announcement suggests G20 member states have agreed on the substance of the outcome of this weekend's leaders' summit in Delhi. A press conference is scheduled to take place later on Saturday, where more details will likely be released. This is a breaking news story, please check back later for more.

Persons: Narendra Modi, Modi Organizations: India's, Bharat, NEW, Indian, Saturday Locations: New Delhi, NEW DELHI, Ukraine, Delhi, India

☆ Modi, Biden pledge to deepen India-U.S. partnership as world leaders descend on Delhi for G20 summit
▼ + stars: | 2023-09-08 | by ( Clement Tan | ) www.cnbc.com time to read: +6 min

Indian artist Jagjot Singh Rubal gives final touches to an oil painting of U.S. President Joe Biden, at his workshop in Amritsar on September 5, 2023, ahead of the two-day G20 summit in New Delhi. The pair's absence has sparked fears that a communique binding member states may not be issued at the end of a G20 leaders' summit — undercutting India's clout and diminishing his domestic messaging. At a pre-summit press conference Friday, India's G20 sherpa Amitabh Kant said the final declaration "is almost ready." In their joint statement after their Friday bilateral meeting, Biden and Modi "reaffirmed their commitment to the G20." Despite recently traveling to South Africa for a BRICS meeting, Xi has rarely traveled abroad.

Persons: Jagjot Singh Rubal, Joe Biden, Narinder Nanu, Narendra Modi, Biden, Bangladesh —, Modi, Vladimir Putin, Xi Jinping, Putin, Sergey Lavrov, China Premier Li Qiang, Xi, India's, Amitabh Kant, Kant, snubbing Modi, Taiwan — Organizations: Afp, Getty, Indian, U.S, International Monetary Fund, African Union, Global, China Premier Locations: Amritsar, New Delhi, Narinder, Delhi, Washington, Australia, India, Japan, U.S, Mauritius, Bangladesh, China, —, Russian, Russia, Ukraine, Germany, France, South Africa, Beijing —, Zambia, Venezuela, Malaysia, Philippines, Vietnam, Taiwan, Beijing

☆ At least 180 Rohingya feared dead after ‘unseaworthy’ boat goes missing
▼ + stars: | 2022-12-26 | by ( ) www.nbcnews.com time to read: +1 min

NEW DELHI — At least 180 ethnic Rohingya stranded at sea for weeks after leaving Bangladesh in November are feared dead, as their rickety boat is thought to have sunk this month, the United Nations refugee agency (UNHCR) said. Citing unconfirmed reports, the agency said the “unseaworthy” boat probably sank after it went missing in the sea. In Buddhist-majority Myanmar, most Rohingya Muslims are denied citizenship and are seen as interlopers, illegal immigrants from South Asia. Last week, two Myanmar Rohingya activist groups said up to 20 people died of hunger or thirst on a boat that was stranded at sea for two weeks off India’s coast. Earlier this month, the Sri Lankan navy rescued 104 Rohingya adrift off the Indian Ocean island’s northern coast.

☆ Cyberattack on top Indian hospital highlights security risk
▼ + stars: | 2022-12-07 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

NEW DELHI — The leading hospital in India’s capital limped back to normalcy on Wednesday after a cyberattack crippled its operations for nearly two weeks. Online registration of patients resumed Tuesday after the hospital was able to access its server and recover lost data. The attack was followed by a series of failed attempts to hack India’s top medical research organization, the Indian Council of Medical Research. “We are digitizing (everything), but then there is an attack on the country’s most important medical institute,” he said. Altaf Qadri / APOn Nov. 30, there were repeated but ultimately unsuccessful attempts to breach the website of the Indian Council of Medical Research, the Press Trust of India news agency reported.

☆ New Delhi’s air pollution leaves residents gasping for breath
▼ + stars: | 2022-11-14 | by ( Gafira Qadir | ) www.nbcnews.com time to read: +5 min

By the first week of November, New Delhi’s air quality index was 472, high enough to affect healthy people while having a serious impact on those with existing conditions. In some areas of the city, the reading exceeded 800, according to the Delhi Pollution Control Committee, a regulatory body. Experts say exposure to low air quality levels increases the risk of respiratory infections, heart disease and lung cancer. In response to the poor air quality, Delhi officials ordered the closure of primary schools and reduced outdoor activities for older students from Nov. 4 to 9. A government vehicle sprinkles water to control air pollution in New Delhi last month.

☆ At least 60 dead, many injured after India bridge collapse
▼ + stars: | 2022-10-30 | by ( Associated Press | ) www.nbcnews.com time to read: +1 min

NEW DELHI — At least 60 people died and many are feared injured after a cable bridge collapsed into a river in the western Indian state of Gujarat on Sunday evening, local media reported. Officials told local media over a hundred people were plunged into the Machchu river when the bridge in the state’s Morbi district collapsed. It was not immediately clear how many people were on the bridge, but officials fear the death toll could rise. They are being rushed to hospitals.”Videos on social media showed people clinging onto the partly submerged bridge in distress while another showed people swimming to safety. Rescue operations are underway, with National Disaster Response Force Teams rushing to the site, local media reported.

☆ India stops journalist from flying to U.S. to receive Pulitzer Prize
▼ + stars: | 2022-10-20 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

NEW DELHI — A Pulitzer Prize-winning Kashmiri photojournalist said Wednesday that Indian immigration authorities prevented her from flying to the United States to receive the award even though she had a valid visa and ticket. Sanna Irshad Mattoo was scheduled to fly to New York on Monday to receive the Pulitzer Prize but was blocked by officials at New Delhi’s airport, she said. Saqib Majeed / SOPA Images/Sipa USA via AP fileMattoo was working on assignment for Reuters, which won the 2022 Pulitzer Prize for Feature Photography for coverage of the Covid-19 crisis in India. Journalists have long braved threats in the restive region as the Indian government seeks to tighten control over the media. Their situation has grown worse since India revoked the region’s semi-autonomy in 2019, with dozens arrested, interrogated and investigated under harsh anti-terror laws.

☆ Apple will manufacture iPhone 14 in India
▼ + stars: | 2022-09-26 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

NEW DELHI — Apple will make its iPhone 14 in India, the company said on Monday, as manufacturers shift production from China amid geopolitical tensions and pandemic restrictions that have disrupted supply chains for many industries. “The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We’re excited to be manufacturing iPhone 14 in India,” Apple said in a statement. India is the world’s second-largest smartphone market after China but Apple iPhone sales have struggled to capture a large share of the market against cheaper smartphones from competitors. Apple is likely to shift about 5% of its iPhone 14 production to India from later this year, raising it to 25% by 2025, according to a JP Morgan report quoted by the Press Trust of India news agency.

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