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☆ Insider Today: Asia's superpower clash
  + stars: | 2024-06-09 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
The latest to get in on the act: Tesla, which is selling a $450 bottle of mezcal on its website. The election result was a blow to Modi, who has governed India for a decade with an increasingly firm grip. India watchers expect the country's new government to move slower on some issues following the surprise election result. NvidiaGoing up against Nvidia is generally considered a pretty bad idea for startups in Silicon Valley. But Silicon Valley often thrives when true technologists keep hacking away at something they believe in, even if everyone else thinks it's dumb.
Persons: —, Narendra Modi, SAJJAD HUSSAIN, Modi, He'll, Jamie Dimon, Dominic Bugatto, Alyssa Powell, hawking, Goldman Sachs, Goldman, HWA CHENG, Chelsea Jia Organizations: Service, Business, Bharatiya Janata Party's, Bharatiya Janata Party, titans, UN Security Council, Southern, Southern District of, Goldman, BI, HWA, Getty Images, Nvidia Locations: India, New Delhi, China, Southern District, Southern District of Texas, Salt Lake City, Nashville, Atlanta, AFP, Silicon Valley
☆ 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
☆ India's Nifty, Sensex open at new record highs
  + stars: | 2023-12-04 | by ( ) www.reuters.com   time to read: 1 min
BENGALURU, Dec 4 (Reuters) - India's benchmark indexes opened at fresh all-time highs on Monday, aided by strong domestic macroeconomic data and elevated bets of a U.S. rate cut in March, while analysts saw momentum picking up in the ongoing rally after the ruling Bharatiya Janata Party's (BJP) victory in key state elections. The NSE Nifty 50 index (.NSEI) rose 1.65% to 20,602.50 points, notching a record high for second session in a row. The S&P BSE Sensex (.BSESN) was up 1.64% to an all-time high of 68,587.82, as of 9:16 a.m. IST. Reporting by Bharath Rajeswaran; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.
Persons: Bharatiya Janata Party's, Bharath Rajeswaran, Dhanya Ann Thoppil Organizations: Bharatiya Janata, NSE, BSE, Thomson Locations: BENGALURU, U.S
☆ India, soon world's most populous nation, doesn't know how many people it has
  + stars: | 2023-02-15 | by ( ) www.cnbc.com   time to read: +4 min
Students come out after appearing in the Bihar Board class 10th examination at Bankipur Girl's High School on Feb. 14, 2023 in Patna, India. Santosh Kumar | Hindustan Times | Getty ImagesIn two months, India is projected to become the world's most populous country with over 1.4 billion people. "In the absence of latest census data, the estimations are based on data that is one decade old and is likely to provide estimates that are far from reality," Sharma said. The office of the Registrar General of India, which is responsible for the census, did not respond to a request for comment. Teachers' travailsThe United Nations has projected India's population could touch 1,425,775,850 on April 14, overtaking China on that day.
☆ IT head of India's ruling party says he will sue news portal the Wire
  + stars: | 2022-10-27 | by ( ) www.reuters.com   time to read: +2 min
NEW DELHI, Oct 27 (Reuters) - The IT head of India's ruling party said on Thursday he will sue the Wire for damaging his reputation, weeks after the local media portal stated in a story it later retracted that Instagram took down, without review, any posts that he had flagged. "Technological evidence is more complicated and the usual due diligence may not always reveal the fraud perpetrated upon a publication. This is what happened to us," the Wire said in a statement to Reuters. The Wire retracted all the stories last week and published an apology to readers on Thursday, saying the reports in question about Meta did not meet its standards. Reporting by Munsif Vengattil in New Delhi Editing by Aditya Kalra and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
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