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☆ Tesla to explore locations in India for $3 billion EV factory, FT reports
▼ + stars: | 2024-04-04 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

An electric vehicle of the model Y is pictured during the start of the production at Tesla's "Gigafactory" on March 22, 2022 in Gruenheide, southeast of Berlin. The plant could be worth $2 billion to $3 billion, FT reported on Wednesday, citing two people with knowledge about the plans. The EV maker will focus on the states of Maharashtra, Gujarat and Tamil Nadu that already have automotive hubs, according to the report. India last month lowered import tariffs on certain EVs for automakers willing to invest at least $500 million and start domestic manufacturing in the country within three years. Modi met Tesla CEO Elon Musk in June and invited him to explore investment opportunities in India for electric vehicles.

Persons: Tesla, Patrick Pleul, PATRICK PLEUL, Narendra Modi's, Modi, Elon Musk Organizations: Getty, Financial Times Locations: Gruenheide, Berlin, Germany, India, Maharashtra, Gujarat, Tamil Nadu

☆ We Spent Months With India’s Sugar Cutters. Here’s What We Found.
▼ + stars: | 2024-03-24 | by ( Megha Rajagopalan | ) www.nytimes.com time to read: +1 min

Women who cut sugar cane in the Indian state of Maharashtra are getting unnecessary hysterectomies, often as a way to keep working, undistracted by periods, pregnancies or gynecological checkups. My colleagues and I traveled across the impoverished district of Beed, which is home to many migrant sugar-cane workers. We visited tiny villages and met laborers in their homes. We talked to their employers, visited sugar mills, interviewed doctors and reviewed medical records. We interviewed women who cut sugar cane for companies that supply household brands including Coca-Cola and a major franchisee of PepsiCo, which have helped make the state a powerhouse for sugar, one of India’s most important industries.

Organizations: PepsiCo Locations: Indian, Maharashtra, Beed

Young girls are pushed into illegal child marriages so they can work alongside their husbands cutting and gathering sugar cane. Labor brokers loan money for the surgeries, even to resolve ailments as routine as heavy, painful periods. Hysterectomies keep them working, undistracted by doctor visits or the hardship of menstruating in a field with no access to running water, toilets or shelter. But for many sugar laborers, the operation has a particularly grim outcome: Borrowing against future wages plunges them further into debt, ensuring that they return to the fields next season and beyond. Workers’ rights groups and the United Nations labor agency have defined such arrangements as forced labor.

Persons: Young, Hysterectomies Organizations: New York Times, Fuller, Labor, Workers, United Nations Locations: Maharashtra

☆ Four Eye Ointments Pulled Because of Infection Risk
▼ + stars: | 2024-02-27 | by ( Yan Zhuang | More About Yan Zhuang | ) www.nytimes.com time to read: 1 min

Four eye ointments sold in stores including Walmart and CVS are being recalled because of a potential risk of eye infections or related harm, after U.S. investigators raised concerns about the potential lack of sterility. The voluntary recall involves four over-the-counter products manufactured by Brassica Pharma, according to an announcement by the Food and Drug Administration on Monday. Two are from Equate, a Walmart brand; one is a CVS Health brand; and another is an AACE Pharmaceuticals brand. Brassica Pharma is a drug development and manufacturing company based in the Indian state of Maharashtra that supplies products to the United States, Europe, Asia and Africa, according to the company’s website. Brassica Pharma’s factory is in the city of Tarapur, about three hours north of Mumbai.

Persons: ointments Organizations: Walmart, CVS, U.S, Brassica Pharma, Food and Drug Administration, Pharmaceuticals, Pharma Locations: Indian, Maharashtra, United States, Europe, Asia, Africa, Tarapur, Mumbai

NANDED, India, Oct 3 (Reuters) - Twelve infants died in one day at a hospital in the Indian state of Maharashtra, sparking a political storm on Tuesday with opposition politicians accusing the regional government and hospital authorities of negligence. "My brother's one-day old infant died on Sunday at the hospital, and he was the fifth baby to die. We saw four more babies die in front of us," said Yogesh Solanki, whose family brought the baby to the hospital. The dean of Shankarrao Chavan hospital, Shyamrao Wakode, did not respond to a Reuters request for comment on this allegation or opposition accusations of negligence, saying in a brief phone call that he had no time because a government minister was visiting the premises. In Shankarrao Chavan hospital on Tuesday, patients crowded the corridors and pigs roamed the premises outside, underlining the disarray at most government-run hospitals in the world's most populous country.

Persons: Yogesh Solanki, Solanki, Shyamrao Wakode, Wakode, Francis Mascarenhas, Girish Mahajan, Narendra Modi's, Rahul Gandhi, Francis Mascerehnas, Sakshi Dayal, Mark Heinrich Our Organizations: Hospital, Reuters, Medical College, REUTERS, BJP, World Health Organisation, Thomson Locations: NANDED, India, Indian, Maharashtra, Nanded, Mumbai, Chavan, Thane, New Delhi

☆ A history of India's Dharavi slum and Adani's plans to redevelop it
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

MUMBAI, Aug 28 (Reuters) - Indian billionaire Gautam Adani aims to convert Mumbai's Dharavi slum into a modern city hub, while acknowledging that resettling its 1 million residents will be a challenging task. 2004-05: Maharashtra approves redevelopment of Dharavi and appoints Slum Rehabilitation Authority to plan the project. Dubai's SecLink consortium and India's Adani Group are among the bidders. Adani Group bids $614 million, India's DLF (DLF.NS) is among other bidders. 2023: State government awards the Dharavi project to Adani Group.

Persons: Gautam Adani, Dubai's, Adani, SecLink, SecLink doesn't, Dhwani Pandya, Aditya Kalra, David Crawshaw Organizations: Slum Rehabilitation Authority, Maharashtra Social Housing, Action League, India's, Adani, India's DLF, Dhwani, Thomson Locations: MUMBAI, Bombay, Mumbai, Maharashtra, Dharavi

☆ India set to ban sugar exports for first time in 7 years, Reuters reports
▼ + stars: | 2023-08-24 | by ( ) www.cnbc.com time to read: +1 min

Sacks of refined sugar are stacked at a wholesale store in New Delhi on May 25, 2022. India is the world's biggest sugar exporter after Brazil and restricted exports to protect its own food supplies. "For the upcoming season, we will not have enough sugar to allocate for export quotas." India allowed mills to export only 6.1 million tonnes of sugar during the current season to Sept. 30, after letting them sell a record 11.1 million tonnes last season. In 2016, India imposed a 20% tax on sugar exports to curb overseas sales.

Persons: Sacks Locations: New Delhi, India, Brazil, New York, London, Maharashtra, Karnataka

[1/2] Sugar mill workers load harvested sugar cane in a tractor trolly in Sangli district, in the western state of Maharashtra, India, December 3, 2022. India allowed mills to export only 6.1 million tonnes of sugar during the current season to Sept. 30, after letting them sell a record 11.1 million tonnes last season. In 2016, India imposed a 20% tax on sugar exports to curb overseas sales. Patchy rains would cut sugar output in the 2023/24 season and even reduce planting for the 2024/25 season, an industry official, who declined to be named, said. The recent increase in sugar prices eliminates any possibility of exports," said another government source.

Persons: Rajendra Jadhav, Mayank Bhardwaj, Barbara Lewis Organizations: REUTERS, Rights, Thomson Locations: Sangli district, Maharashtra, India, Rights MUMBAI, DELHI, New York, London, Karnataka, New Delhi, Mumbai, Thailand, Brazil

☆ Global onion prices could be set to rise with India slapping an export tax on domestic production
▼ + stars: | 2023-08-22 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +2 min

A labourer sorting out onions at a vegetable market in New Delhi on May 30, 2023. The new levy announced Saturday acts to ensure domestic availability and cool inflation, and is effective immediately until December 31, according to the country's Ministry of Finance. Global onion prices are likely to get a positive price cue on account of India's decision. India's government in July also banned the exports of non-basmati white rice in a bid to ensure sufficient domestic supplies. "The government would like to rein [in] prices and ensure sufficient availability in the domestic market.

Persons: Arun SANKAR, ARUN SANKAR, Arun Sankar, Pushan Sharma, Samarendu Mohanty Organizations: Getty, Afp, country's Ministry of Finance, India's Department of Consumer Affairs, CRISIL Market Intelligence, P, Indian Meteorological Department, Pushan Sharma CRISIL, Intelligence, Potato Center, CNBC Locations: New Delhi, AFP, India, Maharashtra, Karnataka, oversupply, Bangladesh, Malaysia, Sri Lanka

☆ India imposes 40% export duty on onions to calm rising prices
▼ + stars: | 2023-08-19 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +3 min

Farmers wait for the auction of onions at Lasalgaon market in Nashik district in the western state of Maharashtra, India, December 19, 2018. "The export duty will make Indian onions more expensive than those from Pakistan, China, and Egypt. Onions are used as the base for traditional dishes across Asia such as biryani in Pakistan and India, belacan in Malaysia and fish curry in Bangladesh. "The Indian duty would prompt China and Pakistan to raise prices, as they have a limited surplus for exports," said the second exporter. India surprised buyers last month by imposing a ban on widely consumed non-basmati white rice sales to dampen price rises.

Persons: Rajendra, Ajit Shah, Rajendra Jadhav, Swati Bhat, Nikunj, Toby Chopra, Clelia Organizations: Insight, Reuters, Thomson Locations: Nashik district, Maharashtra, India, Delhi, Pakistan, China, Egypt, Mumbai, El, Bangladesh, Nepal, Malaysia, United Arab Emirates, Sri Lanka, Asia, belacan

☆ Hyundai Motor's unit to buy General Motors' India plant
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Wolfgang Rattay/File Photo Acquire Licensing RightsBENGALURU, Aug 16 (Reuters) - Hyundai Motor Co's (005380.KS) Indian unit will buy automaker General Motors' (GM.N) Talegaon plant in the western state of Maharashtra, a move that will allow the U.S. automaker to exit the country as well increase Hyundai's annual production. Through its Sriperumbudur facility outside Chennai city and now the Talegaon plant, Hyundai aims to increase its cumulative production capacity to one million units per year, it said on Wednesday. The company had a production capacity of 820,000 units in the first half of this year. The South Korean firm said it intends to upgrade the existing infrastructure at the Talegaon unit and start manufacturing in 2025. The plant currently has an annual production capacity of 130,000 units.

Persons: Wolfgang Rattay, Ashish Chandra, Sonia Cheema Organizations: Hyundai, REUTERS, Rights, General Motors, U.S, GM, Kia, Thomson Locations: Munich, Germany, KS, Maharashtra, Chennai, India, Bengaluru

☆ Death toll in Indian landslide rises to 26, dozens more feared trapped
▼ + stars: | 2023-07-22 | by ( Siddhi Nayak | ) www.reuters.com time to read: +1 min

REUTERS/Francis MascarenhasMUMBAI, July 22 (Reuters) - The death toll from a landslide in India's western state of Maharashtra rose to 26 on Saturday, a disaster relief official said, with dozens still feared trapped under layers of mud and slush two days after the incident. The landslide occurred on Thursday night in the remote mountain hamlet of Irshalwadi, about 60 km (37 miles) from Mumbai, flattening several houses. Singh, an official with the National Disaster Response Force (NDRF), told Reuters. Visuals from news channels showed rescue teams, wearing bright orange raincoats and carrying digging tools, trekking up the mountain to the site of the landslide. There were about 16-17 houses affected by the landslide and many families have been relocated, the official added.

Persons: Francis Mascarenhas MUMBAI, S.B, Singh, Siddhi Nayak, Clelia Organizations: Response Force, REUTERS, Reuters, Siddhi, Thomson Locations: Raigad, Maharashtra, India, India's, Irshalwadi, Mumbai

☆ A day after landslide likely trapped more than 100, Indian rescuers look for survivors
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +2 min

[1/5] Members of rescue teams prepare graves to bury the victims after a landslide following heavy rains in Raigad district in the western state of Maharashtra, India, July 20, 2023. REUTERS/Francis MascarenhasMUMBAI, July 21 (Reuters) - Rescue teams resumed a search on Friday for possible survivors of a massive landslide in western India that killed 16 people and was suspected to have trapped more than a 100. Thick fog and heavy rain hampered already difficult rescue efforts even further on Friday, Indian television news channels said, more than a day after the incident occurred at midnight on Thursday. On Friday, news channels showed visuals of rescue teams, wearing bright orange raincoats and carrying digging tools, trekking up the mountain to the site of the landslide. More than 100 people were feared trapped in the debris, media said.

Persons: Francis Mascarenhas MUMBAI, Atul Karwal, Devendra Fadnavis, Shilpa Jamkhandikar, Muralikumar Organizations: REUTERS, Rescue, Response Force, Reuters, Thomson Locations: Raigad district, Maharashtra, India, Irshalwadi, Mumbai

IRSHALWADI, India, July 20 (Reuters) - The death toll from a massive landslide in western India rose to 16 late on Thursday, as rescue operations were suspended with around 100 people still feared trapped, officials said. Rescue workers recovered 16 bodies before night fell and local authorities advised they suspend the search, Director General of the National Disaster Response Force (NDRF), Atul Karwal, told Reuters. Rescuers searched for over 12 hours in heavy rains and fog, dodging large boulders that tumbled down the mountain slope, a Reuters witness and local media reported. [1/3]Members of rescue teams prepare graves to bury the victims after a landslide following heavy rains in Raigad district in the western state of Maharashtra, India, July 20, 2023. MORE RAIN COMINGA landslide in a nearby village killed more than 80 people two years ago.

Persons: Atul Karwal, Devendra Fadnavis, Francis Mascarenhas, Singh, Mahal, Mahatma Gandhi, Francis Mascerenhas, Shilpa Jamkhandikar, Rajendra Jadhav, Sumit Khanna, Robert Birsel Organizations: Response Force, Reuters, REUTERS, Indian Express, India Meteorological Department, Thomson Locations: IRSHALWADI, India, Irshalwadi, Maharashtra, Mumbai, Raigad district, Gujarat, New Delhi, Red, Rajghat

☆ India's Adani mulls bidding for Anil Ambani's bankrupt coal plants, Bloomberg reports
▼ + stars: | 2023-07-11 | by ( ) www.reuters.com time to read: +1 min

July 11 (Reuters) - Indian billionaire Gautam Adani is considering a bid for the bankrupt coal-fired power plants belonging to industrialist Anil Ambani, Bloomberg News reported on Tuesday, citing people familiar with the matter. Ambani's Reliance Power Ltd (RPOL.NS) will also likely make an offer to win back control of the firm, the report added. Last week, Adani Green Energy Ltd (ADNA.NS) approved raising 123 billion rupees ($1.49 billion), while two other Adani group companies - Adani Transmission (ADAI.NS) and Adani Enterprises (ADEL.NS) - had in May outlined plans to raise funds totalling $2.57 billion. Adani's bids are aimed at strengthening the company's growing portfolio of coal power projects, the report said. Adani Enterprises or Reliance Power did not immediately respond to a Reuters' request for comment.

Persons: Gautam Adani, Anil Ambani, Ambani, Adani, Jose Joseph, Kashish Tandon, Sohini Goswami Organizations: Bloomberg, Vidarbha Industries Power Ltd, Ambani's Reliance Power, Green Energy Ltd, Adani Enterprises, Hindenburg Research, Reliance, Thomson Locations: Vidarbha, Nagpur, Maharashtra, Bengaluru

☆ Buldhana: At least 25 dead after wedding party bus bursts into flames in India
▼ + stars: | 2023-07-01 | by ( Sandi Sidhu | ) edition.cnn.com time to read: +1 min

Hong Kong CNN —At least 25 people have been killed after a bus carrying a wedding party burst into flames after crashing in India’s western state of Maharashtra on Saturday. Baburao Mahamuni, Deputy Superintendent of Police in Buldhana, said the incident had taken place on the Samruddhi Mahamarg expressway, CNN’s Indian affiliate News 18 reported. Mahamuni said the injured were being taken to Buldhana Civil Hospital. “Chief Minister Eknath Shinde has expressed deep grief over the horrific accident of a private bus on the Samruddhi highway near Sindkhedaraja in the Buldhana district,” the tweet read. It said the Chief Minister’s Relief Fund would provide around $6,000 to the families of each person killed “in this unfortunate incident”.

Persons: Baburao Mahamuni, Mahamuni, Eknath Shinde Organizations: Hong Kong CNN, Civil Hospital, Police, Minister’s Locations: Hong Kong, Maharashtra, Buldhana, Yavatmal, Pune, Sindkhedaraja

☆ India's goods and services tax receipts rise 12% year over year in June
▼ + stars: | 2023-07-01 | by ( Shivangi Acharya | ) www.reuters.com time to read: +1 min

[1/2] An employee counts currency notes at a cash counter inside a bank in Agartala, capital of India's northeastern state of Tripura, January 29, 2010. REUTERS/Jayanta Dey/File PhotoNEW DELHI, July 1 (Reuters) - India's goods and services tax (GST) collections rose nearly 12% year-on-year to 1.61 trillion rupees ($19.61 billion) in June, a government statement showed on Saturday. The government collected 1.45 trillion rupees as GST in June 2022 and a record 1.87 trillion rupees in April 2023. It expects to garner 9.56 trillion rupees through GST in the current fiscal year that ends in March 2024. India's nominal growth is estimated to be 10.5% in the current fiscal year.

Persons: Jayanta Dey, Shivangi Acharya, Simon Cameron, Moore Organizations: REUTERS, Thomson Locations: Agartala, India's, Tripura, DELHI, Maharashtra, Karnataka, Tamil Nadu

☆ Indian shares set for muted start to week after Russia turmoil
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, June 26 (Reuters) - Indian shares were set for a muted open on Monday, on the heels of their first weekly loss in over a month, as crude prices rose on supply concerns after a short-lived mutiny by mercenaries in Russia. Foreign institutional investors sold a net 3.45 billion rupees ($42.1 million) worth of Indian equities on Friday, while domestic investors sold 6.84 billion rupees of shares, as per provisional NSE data. STOCKS TO WATCH:** ICICI Bank (ICBK.NS), ICICI Securities (ICCI.NS): Boards of the companies to consider delisting of ICICI Securities shares on June 29. ** HDFC Life Insurance Company: India's insurance regulator granted approval for transfer of its shares from HDFC Ltd (HDFC.NS) to HDFC Bank (HDBK.NS). ** Shree Cement (SHCM.NS): NDTV reported that tax evasion to the tune of 230 billion rupees ($2.80 billion) has been found in tax searches at multiple locations of Shree Cement in Rajasthan.

Persons: Wagner, Brent, Chris Thomas, Biplob Kumar Das, Eileen Soreng Organizations: Singapore Exchange, BSE, ICICI Bank, ICICI Securities, Life Insurance, HDFC Ltd, HDFC Bank, Ipca, U.S, FDA, of Maharashtra, Axis Bank, Kashmir Bank, NDTV, Shree, Thomson Locations: BENGALURU, Russia, Russian, Moscow, Asia, India, Pithampur, Jammu, Kashmir, Shree Cement, Rajasthan, Bengaluru

☆ Akhand Bharat: Why a map in India's new Parliament is making its neighbors nervous
▼ + stars: | 2023-06-13 | by ( Rhea Mogul | ) edition.cnn.com time to read: +7 min

Akhand Bharat,” tweeted Minister of Parliamentary Affairs Pralhad Joshi alongside a photograph of the map. “Akhand Bharat in (the) New Parliament. It also took place on the birthday of the late Vinayak Damodar Savarkar, the man widely considered to have developed the Hindutva ideology and one of the first proponents of Akhand Bharat. “We have to see the dream of Akhand Bharat in this lifetime and it has started with (this),” said deputy chief minister of the state of Maharashtra, Devendra Fadnavis. Faisal Khan/Anadolu Agency/Getty Images/FileExperts say such rhetoric has made India’s neighbors nervous.

Persons: Arindam Bagchi, Ashoka, Akhand Bharat, Bharat, ”, Pralhad Joshi, Akhand, Manoj Kotak, Bharat ”, Bharat ’, Mumtaz Zahra Baloch, –, KP Sharma Oli, Baburam Bhattarai, Shahriar Alam, Subrahmanyam Jaishankar, “, Salil Tripathi, Narendra Modi, Vinayak Damodar Savarkar, Savarkar, Modi, Amit Shah, Praful, Sushant Singh, Manjunath Kiran, Critics, Devendra Fadnavis, Faisal Khan, Ayesha Jalal, Fahd Humayun Organizations: CNN, India’s Ministry, External Affairs, Bharatiya Janata Party, BJP, Parliamentary, Rashtriya Swayamsevak Sangh, stoke, Mahasabha, Hindustan Times, Centre for Policy Research, Getty, India’s, Anadolu Agency, Tufts University Locations: Pakistan, Nepal, Bangladesh, New Delhi, India, Afghanistan, Myanmar, “, Kathmandu, New York, Mumbai, ” India, Indian, Kashmir, Karnataka, Bangalore, Maharashtra, Srinagar

☆ Severe cyclone likely to hit India's west coast, south Pakistan on Thursday
▼ + stars: | 2023-06-12 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +2 min

MUMBAI, June 12 (Reuters) - A storm off India's west coast has strengthened to become a powerful cyclone and could hit India's western state of Gujarat and southern parts of Pakistan this week, the weather department said. India's weather office has advised fishing communities to halt operations and the evacuation of people from the coastal areas of Saurashtra and Kutch regions of Gujarat. Officials from the Sindh provincial government also said they are preparing to evacuate people from three districts likely to be affected. A 1998 cyclone killed at least 4,000 people and caused hundreds of millions of dollars in damage in Gujarat. Reporting by Rajendra Jadhav, writing by Sakshi Dayal; Editing by Raju Gopalakrishnan and Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.

Persons: Bhupendra Patel, Biparjoy, Rajendra Jadhav, Sakshi Dayal, Raju Gopalakrishnan, Philippa Fletcher Organizations: India Meteorological Department, Reliance Industries, Gujarat Pipavav Port Limited, Force, State, National Disaster Management Authority, Thomson Locations: MUMBAI, Gujarat, Pakistan, Mandvi, Karachi, Saurashtra, Kutch, India, Gulf, Saurashtra ., Gujarat Pipavav Port, Sindh, Kerala, Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu

☆ Cyclone likely to hit India's west coast, south Pakistan on Thursday
▼ + stars: | 2023-06-12 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +3 min

[1/7] A lifeguard patrols Juhu beach, during a red flag alert due to rough seas caused by cyclone Biparjoy, in Mumbai, India, June 12, 2023. REUTERS/Francis MascarenhasMUMBAI, June 12 (Reuters) - A storm off India's west coast has strengthened to become a powerful cyclone and could hit India's western state of Gujarat and southern parts of Pakistan this week, the Indian weather department said on Monday. "Rescue and relief teams of the Coast Guard, Army and Navy along with ships and aircraft have been kept ready on standby," it said. In neighbouring Pakistan, the National Disaster Management Authority said instructions were being given to take precautionary measures in southern and southeastern parts that may be affected. A 1998 cyclone killed at least 4,000 people and caused hundreds of millions of dollars in damage in Gujarat.

Persons: Francis Mascarenhas MUMBAI, Biparjoy, Rajendra Jadhav, Asif Shahzad, Sumit Khanna, Sakshi Dayal, Shivam Patel, Raju Gopalakrishnan, Philippa Fletcher, Jonathan Oatis, Mark Heinrich Our Organizations: REUTERS, India Meteorological Department, Adani, Indian Coast Guard, Key Singapore, Oil, Gas, Vedanta Ltd, Response Force, Coast Guard, Army, Navy, National Disaster Management Authority, Thomson Locations: Mumbai, India, Gujarat, Pakistan, Mandvi, Karachi, Fishermen, Mundra, Tuna, Kandla, Key, Dubai, Gujarat Pipavav, Kerala, Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu

☆ Women, children trek miles in summer heat to get water near Mumbai
▼ + stars: | 2023-05-18 | by ( Francis Mascarenhas | ) www.reuters.com time to read: +3 min

"All the water is sent to Mumbai, we are left with nothing," said Ashok Shinde, whose village is home to about 700 people rearing poultry and livestock. The Vaitarna dam, which supplies water to Mumbai, is just 50 km (31 miles) from Telamwadi, but is not linked to it. [1/5] Women walk back home balancing pots of water on their head as other women walk towards a well to fill their pots in Telamwadi, near Mumbai, India, May 17, 2023. "Until the permanent solution is in place, we are providing water tankers to ensure residents do not face issues," state water supply officials told Reuters. One of the women usually makes the precarious journey, relying on numerous cracks in the walls to provide support.

☆ Column: India's pledge to stop new coal power plants to hit key states
▼ + stars: | 2023-05-09 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

IN CONSTRUCTIONThe new proposals make clear that whatever coal capacity is already under construction in India will proceed. A total of 32,000 megawatts of new coal power is currently being built in India, according to the Global Energy Monitor (GEM). India coal capacity under constructionOnce completed, that would boost current operating capacity by close to 14%, and lift total Indian coal capacity to beyond 266,000 MW, GEM data shows. Alongside the widespread swell in coal capacity is even faster growth in renewables energy supply capacity across India. Proponents of immediate cuts to coal power use may be disappointed that several new coal projects will still emerge.

☆ Indian shares set to open higher as strong earnings lift mood
▼ + stars: | 2023-04-24 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, April 24 (Reuters) - Indian shares were set to open higher on Monday as improved quarterly results from heavyweights Reliance Industries Ltd (RELI.NS) and ICICI Bank Ltd(ICBK.NS) eased some concerns over a lacklustre start to the earnings season. India's most valuable company, Reliance Industries reported 19% growth in fourth-quarter profit, aided by the strong performance in oil-to-chemicals (O2C) segment, post market hours on Friday. Private lender ICICI Bank posted a 30% jump in net profit in the March quarter, helped by improved net interest income and loan growth. The strong earnings of the two companies, which account for nearly 20% of the total weightage in Nifty 50, could improve the sentiment soured by the weak earnings and outlook of top information technology companies, analysts added. Stocks to Watch:** Yes Bank Ltd (YESB.NS): Lender's net profit slumps 45% in the March quarter on higher provisions.

☆ Eleven people die of sunstroke near Mumbai after open-air award function
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +1 min

MUMBAI, April 17 (Reuters) - At least eleven people died on Sunday after suffering from sunstroke at an event attended by India's home minister on the outskirts of Mumbai, the chief minister of Maharashtra state said. Hundreds of thousands of people attended an award function on Sunday afternoon where federal home minister Amit Shah presented an award to a well-known social activist, on the outskirts of the country's financial capital of Mumbai in Maharashtra. Around 50 people were admitted to hospital after the event and 11 had died, Maharashtra's chief minister, Eknath Shinde, told reporters late on Sunday night. India is likely to experience heat waves between March and May, the weather office said in February this year. Reporting by Shilpa Jamkhandikar and Rajendra Jadhav in Mumbai; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

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