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☆ CNBC's Inside India newsletter: Could markets sink even if Modi wins?
▼ + stars: | 2024-05-30 | by ( Ganesh Rao | ) www.cnbc.com time to read: +6 min

This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Separately, the stock market will also deliver its verdict when markets open on Monday. Nervousness among investors over the results has meant that the India VIX index, the market's so-called fear gauge, has shot up by more than 135% since its April lows. However, some equity strategists point out that even a landslide victory for Modi's BJP could potentially sour the stock market. Meanwhile, Gautam Chhaochharia, head of global markets for India at UBS, said foreign investors are in a "wait and watch mode" ahead of India's election results despite economic fundamentals looking "very, very strong."

Persons: Narendra Modi's, Modi, Bradley Saunders, Saunders, Venugopal Garre, —, Garre, Fitch, SRH, Mark Mobius, Gautam Chhaochharia Organizations: Bloomberg, Getty, BJP, Traders, " Bank of America, Capital Economics, Modi's BJP, —, Reuters, Kolkata Knight Riders, IPL, Sunrisers, Knight Riders, CNBC, UBS Locations: Delhi, India, Kolkata, Sunrisers Hyderabad

☆ Shah Rukh Khan: India’s ‘King of Bollywood’ is ‘doing well’ after heatstroke hospitalization reports
▼ + stars: | 2024-05-23 | by ( Rhea Mogul | ) edition.cnn.com time to read: +3 min

CNN —Shah Rukh Khan’s manager has said India’s “King of Bollywood” is recovering well after reports he was hospitalized with heatstroke, as parts of the country swelter during a weeks-long general election. Maximum temperatures there climbed to 45 degrees Celsius (113 degrees Fahrenheit) this week. Also known as “King Khan,” the actor has near-demigod status in India, having starred in more than 90 movies and earned multiple accolades. He received India’s fourth-highest civilian honor in 2005, and a spot on Time magazine’s 100 most influential list in 2022. Experts say the climate crisis is only going to cause more frequent and longer heatwaves in the future, testing India’s ability to adapt.

Persons: CNN — Shah Rukh, “, Khan’s, Pooja Dadlani, Khan “, Om Prakash Jat, Gauri, King Khan, Khan Organizations: CNN, K D, Press Trust of India, KD Hospital, Indian Premier League cricket, Kolkata Knight Riders, India Meteorological Department, IMD, Authorities Locations: Ahmedabad, Gujarat, Rural, India, Hyderabad, Rajasthan, Punjab, Haryana, Uttar Pradesh, Delhi, Barmer

☆ Buttler regains form but Hyderabad clinch last-ball thriller
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +2 min

NEW DELHI, May 8 (Reuters) - Rajasthan Royals opener Jos Buttler roared back to form but Abdul Samad's last-over heroics ensured Sunrisers Hyderabad had the last laugh in Sunday night's dramatic Indian Premier League (IPL) contest. England limited-overs captain Buttler started the season well but went into the match without a fifty in his previous six knocks that included a couple of ducks. But with Hyderabad needing 41 runs off the last two overs, Glenn Phillips, who made 25 off just seven balls, turned the match on its head. Samad smacked the final delivery over the bowler's head for a flat six to secure Hyderabad's fourth win in 10 matches. Rajasthan captain Samson defended picking Sandeep to bowl the final over.

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