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As of last week, nowhere else on the planet has air so hazardous to human health, according to global air quality monitors. By evening it feels like I am lifeless.”Deepak Rajak, whose asthma has worsened in recent weeks, visits a pollution clinic in New Delhi. Anushree Fadnavis/ReutersCommuters step out in a foggy winter morning amid rising air pollution, on November 19, 2024 in Greater Noida, India. But analysts say governments are focusing more on the emergency response rather than sustained efforts to improve air quality. While stubble burning during the winter harvest season exacerbates pollution levels, to solve the crisis, pollution needs to be tackled year-round, Dahiya said.

Persons: Deepak Rajak, Rajak, ”, Ram Manohar Lohiya, It’s, Atishi, that’s, CNN Rajak, Kajal Rajak, they’re, ” Kajal, “, Vipin Kumar, Anushree Fadnavis, Sunil Ghosh, Mohammad Ibrahim, ” Ibrahim, Ibrahim can’t, Aditya Kumar Shukla, Delhi’s Batra, Shukla, Amit Jindal, Jindal, Gaurav Jain, Batra, Manish Swarup, Ajay Aggarwal, Sunil Dahiya, Dahiya, ” Dahiya Organizations: New, New Delhi CNN, CNN, World Health Organization, Indian Ministry of Forest Environment, Hindustan Times, Getty, Indian Air Force, ”, Clean Air Program Locations: New Delhi, Delhi, Greater Noida, India

☆ CNBC's Inside India newsletter: The tax with potential side effects
▼ + stars: | 2024-07-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +8 min

Despite its progressive intentions, the tax failed to raise sufficient revenue for the monarch, as people boarded up their windows to lower their tax liability. Window tax was a property tax based on the number of windows in a house. In addition, the minister also lifted capital gains for stock market investors who cash in within a year from 15% to 20%. While the tax raises more than £3 billion ($3.9 billion) annually, it has given birth to far riskier forms of speculation while simultaneously hurting the stock market. However, given the lofty valuations that Indian stock markets currently trade, the tax to skim the excesses might be a positive development over the longer term.

Persons: Nirmala Sitharaman, Ajay Aggarwal, King William III of, Mike Kemp, Upasana Chachra, Morgan Stanley, Siddhartha Khemka, Motilal Oswal, Michael Langham, Abrdn, it's, JPMorgan's Jahangir Aziz, Aziz, Raghuram Rajan, Suman Bery, Bery Organizations: Union Finance, Budget Press Conference, National Media Centre, Hindustan Times, Getty Images, Getty, Budget, Motilal, Institute for Fiscal Studies, Reuters, CNBC, Health, Reserve Bank of India Locations: DELHI, INDIA, New Delhi, India, Mayfair, London, United Kingdom, England, Britain, Kerala, Malaysia, Nipah

☆ India's major bond market milestone could prove to be a double-edged sword for investors
▼ + stars: | 2024-06-28 | by ( Ganesh Rao | ) www.cnbc.com time to read: +1 min

(Photo by Ajay Aggarwal/Hindustan Times via Getty Images)Indian government bonds reached a major milestone on Friday with their inclusion in JPMorgan's emerging market government bond index. Take the broad L&G India Government Bond exchange-traded fund, for instance. Anticipating the Wall Street bank's decision, alongside Bloomberg's move to include India in a similar index next year, markets have partly pushed up bond prices in 2024 despite the risks of inflation reigniting. While these moves by big Wall Street institutions might be lucrative for investors today, it's likely to dampen their returns over the longer term. After all, as bond prices rise their yields fall.

Persons: Ajay Aggarwal, Bloomberg's, that's Organizations: Hindustan Times, Getty Images, G India Government Bond Locations: DELHI, INDIA, New Delhi, India

☆ India and China are buying new tanks designed to fight on one of the world's highest battlefields
▼ + stars: | 2023-07-02 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +8 min

Both countries are also investing in new light tanks designed for high altitudes and rough terrain. Consequently, India is planning to developing its own light tank to level the playing field. The Type 15A Type 15 tank on display at the Beijing Exhibition Center in October. NOEL CELIS/AFP via Getty ImagesChina has coped with these issues by deploying its Type 15 light tank, one of the few modern light tanks produced in the 21st century. India has tried on and off since 1983 to develop a new light tank but has never settled on a model.

Persons: —, NOEL CELIS, Arjuna, Ajay Aggarwal, hasn't, Danish Ismail, Narendra Modi's, Toubro, Zorawar Singh Organizations: Service, US Army, Bilderwelt, Beijing Exhibition Center, Getty Images, Abrams, Getty, Hindustan Times, Indian Ministry of Defense, REUTERS, Danish, India's Ministry of Defense, Larsen, Rolls Royce Locations: India, Bologna, China, Japan, Ladakh, AFP, Getty Images China, Russia, Western, People's Republic of China, New Delhi, Pakistan, Indian, Belgian

☆ Hyundai explains how it plans to become one of the world's top three EV makers by 2030
▼ + stars: | 2023-05-11 | by ( Sheila Chiang | ) www.cnbc.com time to read: +3 min

Hyundai Motor Group, whose brands include Hyundai, Kia and Genesis, nabbed sixth place in SNE Research's global EV sales ranking for 2022. It delivered 510,000 EV units last year, up 40.9% from 2021, according to SNE Research. We have another EV, Ioniq 7, the three-row largest SUV, in our pipeline for next year. Revenue climbed 24.7% year-on-year, from 30.3 trillion won to 37.78 trillion won. Domestically, Hyundai said it plans to invest 24 trillion won in South Korea's EV industry by 2030.

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