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☆ CNBC's Inside India newsletter: The changing face of India's rich
▼ + stars: | 2024-10-17 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +8 min

Speaking to CNBC's Inside India, Kohli noted that India's wealthy now come from a swathe of industries. India's stock market became the fourth-largest in the world at the start of the year, after overtaking Hong Kong. Meanwhile, those whose wealth that falls between 10 to 50 million Indian rupees are in the affluent category, he added. Historically, India's wealthy had a median age exceeding 50. Drivers of India's wealthThe growth in India's wealthy population comes in tandem with the nation's economic progress.

Persons: Ratan Tata, Waterfield, Ratan Tata —, Ambani, Himanshu Kohli, Kohli, Pramod Gubbi, Marcellus, Lee, Gubbi, Knight Frank, What's, Malcolm Dorson, Dorson Organizations: Tata Group, Fortune India, Tata Sons, Tata Steel, Tata Consultancy Services, Tata Motors, Titan Company, Marcellus Investment, Lee Kuan Yew, of Public, National University of Singapore, Bombay Stock Exchange, Global, Volvo, Apollo Locations: India, Tata, CNBC's, Hong Kong, Pune, Hyderabad, Ahmedabad, Chennai, U.S

☆ These are the top 10 emerging startups in India in 2024, according to LinkedIn
▼ + stars: | 2024-09-25 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

Zepto is the top startup to work for in India in 2024, according to LinkedIn. LinkedIn released its seventh annual top startups list for India, showcasing the country's emerging companies based on data from the professional social-networking site. In fact, India has the third-largest startup ecosystem in the world, according to official government site Startup India. In addition, the report noted the number of startups in India rose 71.5% from about 20,000 startups in 2021 to over 34,000 startups 2023. These are the top 10 emerging startups in India, according to LinkedIn:

Persons: Zepto, Lee Organizations: LinkedIn, Startup, Lee Kuan Yew, of Public, National University of Singapore Locations: India, U.S, China

☆ India wants to be a developed nation by 2047. Here are 4 critical areas Modi can't ignore
▼ + stars: | 2024-06-20 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

India has undergone a massive infrastructure push and has made significant strides in connecting and modernizing its highways, railways and airports. He's going to double down on that," said Samir Kapadia, CEO of India Index and managing principal at Vogel Group. "Along with creating physical infrastructure, India needs to remain steadfast on the structural reforms ... Increase foreign investmentsFrom veteran emerging markets investor Mark Mobius to global strategist David Roche, market experts remain bullish on India. Foreign direct investments into the country needs to however pick up pace to further drive economic growth and development, analysts told CNBC.

Persons: Vikram Singh, Narendra Modi, Modi, Reema Bhattacharya, Verisk, Modi's, he's, Samir Kapadia, Nirmala Sitharaman, Santanu Sengupta, Goldman Sachs, Sengupta, Richard Rossow, Kapadia, Sumedha Gupta, Vivek Prasad, Prasad, Mark Mobius, David Roche Organizations: Bharatiya Janata Party, BJP, Infrastructure, India Index, Vogel Group, Nurphoto, CNBC, Center for Strategic, International Studies, Padget Electronics, Dixon Technologies, Bloomberg, Getty, Research, India Electronics, Semiconductor Association, Economist Intelligence Unit, Centre, Monitoring, National Stock Exchange of, World Federation of Exchanges Locations: India, Asia, China, Mumbai, Noida, PwC India, National Stock Exchange of India

☆ Meet Chris Hemsworth and Elsa Pataky's kids, all of whom had roles in 'Thor: Love and Thunder'
▼ + stars: | 2024-05-02 | by ( Olivia Singh | ) www.businessinsider.com time to read: +1 min

Actors Chris Hemsworth and Elsa Pataky, who have been married since 2010, have three children. Their eldest child, a daughter named India Rose, starred alongside Hemsworth in "Thor: Love and Thunder." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChris Hemsworth is known for his role as Thor in the Marvel Cinematic Universe, but his kids are unfazed by his A-lister status. This story is available exclusively to Business Insider subscribers.

Persons: Chris Hemsworth, Elsa Pataky, India Rose, Hemsworth, Sasha, Tristan, —, Thor, lister Organizations: Service, Marvel, Entertainment, Business Locations: India

☆ China’s exports jump thanks to demand from India, Russia and other emerging markets
▼ + stars: | 2024-03-07 | by ( Laura He | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —China registered a surprise jump in foreign trade at the start of the year, partly because of strong demand from Russia, India and emerging markets in Africa and Latin America. China’s economy is battling a number of headwinds, including weak consumer and investor confidence, high youth unemployment and a long-running real estate crisis. Apart from the weak base effect, strong demand from emerging markets helped China’s trade surge at the start of the year. Meanwhile, China’s exports to Russia increased 12.5%, representing a slowdown from the rapid growth seen last year. “At the current juncture, it is likely too soon to call for a revival in China’s trade sector,” said HSBC analysts on Thursday.

Persons: ”, Nomura, “, Lynn Song, Biden, Wang Wentao Organizations: Hong Kong CNN, Exports, European Union, “, HSBC, Greater China, ING, European Commission, Wall Street Locations: Hong Kong, China, Russia, India, Africa, Latin America, Moscow, United States, Japan, Australia, Greater

☆ Gold posts weekly decline as dollar, yields climb
▼ + stars: | 2024-01-05 | by ( ) www.cnbc.com time to read: +2 min

Spot gold rose 0.1% to $2,044.21 per ounce after falling and then rising by about 1% earlier in the session. "First, the nonfarm payrolls data came in stronger than expected, due to which we saw some pressure applied to gold ... Both the U.S. dollar and 10-year Treasury yields hit their highest levels in three weeks, heading for their best weeks since July and October, respectively. On the physical front, gold buying in major consumer India rose this week, as domestic prices fell back from record highs. Palladium fell 0.9% to a three-week low of $1,027.11 in its ninth consecutive session of declines and was down 6.4% on the week.

Persons: David Meger, Saxo, Ole Hansen Organizations: Singapore Gold, Institute for Supply Management, High, U.S ., U.S . Federal Locations: Singapore, India

☆ I was a child model. My short career ended because I was too shy and afraid to hug Santa.
▼ + stars: | 2023-12-18 | by ( India Kushner | ) www.businessinsider.com time to read: +4 min

During one photo shoot, I wouldn't hug Santa because I was shy and afraid of beards. While it was fun, my career never took off, but I enjoy the memories. AdvertisementHer photographer friend took my headshots, we submitted them to an agency, and my career as a child model began. AdvertisementWith the Santa shoot, where I wouldn't get near the man in the costume, I think the thing that scared me the most was the beard. Courtesy of India KushnerWhile my career was short, it's fun to look back at the photos and relive this unique part of my life.

Persons: —, motioned, Santa Claus, Kushner, Hanna Andersson, Patrick Demarchelier, I'm Organizations: Service Locations: India

☆ Russia's Urals oil from Baltic ports falls below $60 cap amid sanctions
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +1 min

MOSCOW, Nov 17 (Reuters) - Russia's Urals oil prices on Friday fell below the Western price cap level of $60 per barrel amid a rise in freight rates fuelled by fresh U.S. sanctions on shipowners and weaker global oil prices, two traders said and Reuters calculations showed. Russia's main export grade had been trading above $60 since mid-July amid output cuts by OPEC+ producers including Saudi Arabia and Russia. On Friday freight rates for Urals oil shipments from Russia's Baltic ports of Primorsk and Ust-Luga to India rose to $9.2-9.5 million per tanker per voyage from $8 million last week. Urals oil prices on a delivered ex-ship basis in Indian ports were stable at a discount of around $5 per barrel to dated Brent, traders said. High transportations costs weighed on FOB prices for Russian Urals oil, traders said, adding that amid weakness in Brent the grade's price was below $60 as of Friday.

Persons: Brent, Jason Neely Organizations: U.S . Treasury Department, United, Thomson Locations: MOSCOW, U.S, United Arab Emirates, Australia, Ukraine, Saudi Arabia, Russia, Primorsk, Ust, Luga, India, Brent

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

☆ Milk prices in the world's dairy powerhouse India have spiked 15%
▼ + stars: | 2023-05-25 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

India is facing an increase in milk prices, and it's not expected to ease up until November. Matthew Lloyd | Bloomberg | Getty ImagesIndia, the world's dairy powerhouse, is facing an increase in milk prices, and it's not expected to ease up until November. India, the world's leading producer of milk, accounts for 22% of global milk production and followed by the U.S. China, Pakistan and Brazil. Higher feed costsHigher cattle feed prices that coincide with the peak demand season are feeding into the spike in milk prices. India is facing an increase in milk prices, and it's not expected to ease up until November.

☆ Mercedes expects double-digit growth in India in 2023 despite weak rupee
▼ + stars: | 2023-01-08 | by ( Aditi Shah | ) www.reuters.com time to read: +2 min

NEW DELHI, Jan 8 (Reuters) - Mercedes Benz (MBGn.DE) expects double-digit sales growth in India this year, despite concerns that a weaker rupee could increase car prices, the head of its local unit said in an interview. So that's some headwind we see when it comes to the growth potential," Iyer said. "But we are starting the year with a very healthy order bank and that gives us the confidence of a double-digit growth even for 2023," said Iyer. Mercedes plans to launch 10 new cars in India in 2023, most costing more than 10 million rupees ($120,000), the top-end segment that grew 69% in 2022. The company launched three EVs in India in 2022 including a locally assembled, electric model of its flagship S-Class sedan.

☆ Revelers around the world dress up for Halloween
▼ + stars: | 2022-11-01 | by ( Dave Lucas | ) www.reuters.com time to read: 1 min

The death toll from a foot bridge collapse in India rose to more than 130, including many children, as police detained nine people as part of a criminal investigation into one of the deadliest accidents in the country in the past decade.

☆ Odd October: Our strangest, most unusual photos of the month
▼ + stars: | 2022-10-31 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

☆ Death toll from India bridge collapse rises to 132, search on for missing
▼ + stars: | 2022-10-31 | by ( Sumit Khanna | ) www.reuters.com time to read: +1 min

[1/3] Rescuers search for survivors after a suspension bridge collapsed in Morbi town in the western state of Gujarat, India, October 31, 2022. REUTERS/StringerAHMEDABAD, India, Oct 31 (Reuters) - The death toll from a bridge collapse in Gujarat in India rose to 132, a local government official told Reuters on Monday. read more"The death toll in the bridge collapse incident has gone up to 132. The search and rescue operations are continuing," said the senior official, NK Muchhar, adding that the toll could rise further. Authorities said more than 400 people were on and around the colonial-era suspension bridge at the time of the collapse.

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