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☆ Toxic smog in Pakistan is so bad you can see it from space
▼ + stars: | 2024-11-11 | by ( Helen Regan | Sophia Saifi | ) edition.cnn.com time to read: +6 min

CNN —Record-breaking levels of thick, toxic smog that have shrouded eastern Pakistan and northern India since last month can be seen in striking satellite imagery. Air quality worsens in the winter because colder and drier air traps pollution, rather than lifting it away, as warm air does when it rises. Satellite imagery from NASA Worldview shows Pakistan’s Punjab province and parts of northwest India on August 31, 2024. NASA Worldview/CNN Satellite imagery from NASA Worldview shows heavy smog over Pakistan’s Punjab province and parts of northwest India on November 10, 2024. Meanwhile, WHO says 6.7 million people die annually from the combined effects of ambient and household air pollution.

Persons: Arif Ali, Sajid Bashir, Khuram, Raja Jahangir Anwar Organizations: CNN, NASA, World Health, Associated Press, Getty, Traders, Protection Agency, ”, EPA, Environment, WHO Locations: Pakistan, India, Punjab, New Delhi, Lahore, Multan, Pakistan’s, AFP, Faisalabad, Gujranwala, “

☆ Pakistan province calls for ‘climate diplomacy’ with India as record smog chokes major city
▼ + stars: | 2024-11-04 | by ( Lex Harvey | Sophia Saifi | ) edition.cnn.com time to read: +4 min

Islamabad, Pakistan CNN —A smog-choked province in eastern Pakistan has issued a rare plea for cross-border collaboration with India, as major cities in both countries endure severe air pollution that risks the health of millions. “We are suffering in Lahore in a way due to the eastern wind corridor coming from India,” he said. Lahore, home to more than 14 million people, saw its air quality index surpass a record 1,900 in one part of the city on Saturday, according to IQAir, which tracks global air quality. Experts say India’s air pollution is so bad that smog could take years off the lives of hundreds of millions of people. Both India and Pakistan have tried to clamp down on the practice, but it is still widespread.

Persons: Raja Jahangir Anwar, ” Anwar, Punjab’s, ”, Arif Ali, Sakib Ali, Maryam Nawaz, Parveen Kumar Organizations: Pakistan CNN, Environment, CNN, Getty, Hindustan Times, World Health Organization, Experts, India’s Locations: Islamabad, Pakistan, India, Punjab, Pakistan’s, Lahore, AFP, Delhi Meerut, Ghaziabad, Delhi –, Gurgaon, India’s Punjab, Haryana, Pakistan’s Punjab

☆ 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 'clearly has a problem' finding new drivers for economic growth, JPMorgan's Jahangir Aziz says
▼ + stars: | 2024-07-24 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

Tim Graham | Getty ImagesIndia "clearly has a problem" figuring out new drivers for its economic growth even as its economy expands at a fast pace, JPMorgan's Jahangir Aziz said, following the country's union budget. "If you look at India over the last two years post the pandemic, recorded growth has been strong. But if you look at the drivers of growth, it's essentially these two: Public infrastructure and services export," Aziz, chief emerging markets economist at JPM, told CNBC's "Street Signs Asia" on Tuesday. According to estimates by the Ministry of Commerce and Industry, India's services exports will likely hit $30.3 billion in June, compared with $27.8 billion in the same month last year. According to the International Monetary Fund's latest World Economic Outlook, the country's growth is predicted to decline to 6.5% in 2025.

Persons: Tim Graham, JPMorgan's Jahangir Aziz, Aziz, CNBC's, V Anantha Nageswaran, Raghuram Rajan Organizations: Getty, Ministry of Commerce and Industry, Services, Reserve Bank, India's, International Monetary, University of Chicago Booth School, Reserve Bank of India Locations: Tardeo South Mumbai, India

☆ India has a problem figuring out what its new growth drivers are, JPMorgan economist says
▼ + stars: | 2024-07-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia has a problem figuring out what its new growth drivers are, JPMorgan economist saysJahangir Aziz, chief emerging markets economist at JPMorgan, says "if you look at the drivers of growth, there's essentially been just two of them … public infrastructure and services exports."

Persons: Jahangir Aziz Organizations: India, JPMorgan

☆ A photo of a bloodied Trump raising his fist after being shot has already become the defining image of his reelection bid
▼ + stars: | 2024-07-14 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +2 min

A photograph of President Donald Trump raising his fist in defiance after he was shot at his rally in Pennsylvania on Saturday has already become the most iconic image of his reelection among Republicans. Donald Trump Jr. posted the image on X with the caption, "He'll never stop fighting to Save America." Related storiesFlorida Senator Marco Rubio shared both of their posts, before sharing the photo again with the caption, "God protected President Trump." Former Republican presidential candidate Vivek Ramaswamy echoed his sentiments, sharing the photo with a similar caption: "Grateful to President Trump for his sacrifice. "We learned one very important thing tonight — President Donald Trump is willing to die for this country.

Persons: Donald Trump, Evan Vucci, Donald Trump Jr, He'll, Eric Trump, Marco Rubio, Trump, Vivek Ramaswamy, Candace Owens, Donald J Trump, Blake Masters, Shakeel Jahangir, Willing, Benny Johnson, Elon Musk, Joe Biden, Kamala Harris Organizations: Republicans, Associated Press, Trump, Secret Service, Business, Save, America, Republican, Conservative, Venture, Christians Union, America Christian, Democratic Locations: Pennsylvania, Florida, United States

☆ China fiscal policy 'overly biased' to productive capacity: JPMorgan
▼ + stars: | 2024-03-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's fiscal policy 'overly biased' toward creating productive capacity: JPMorgan economistJahangir Aziz, chief emerging markets economist at JPMorgan, says "fiscal policy in particular has been overly biased towards creating productive capacity, industrial production — far less on creating demand."

Persons: Jahangir Aziz Organizations: JPMorgan

☆ Diwali, the Festival of Lights, explained
▼ + stars: | 2023-11-11 | by ( Manav Tanneeru | Harmeet Kaur | ) edition.cnn.com time to read: +6 min

CNN —More than a billion Hindus, Sikhs, Jains and Buddhists around the world are celebrating Diwali, the festival of lights. Narinder Nanu/AFP/Getty Images• Choti Diwali, or Naraka Chaturdashi: The second day of Diwali marks Lord Krishna’s defeat of the demon king Narakasura. • Diwali, or Lakshmi Puja: The third day of the festival is what people typically think of as Diwali. For some Hindus, Diwali marks Rama and Sita’s triumphant return to their kingdom after 14 years of exile. For Jains, Diwali signifies the day Lord Mahavira, their last spiritual leader, attained physical death and achieved enlightenment.

Persons: It’s, Rafiq Maqbool, Lakshmi, Dhanvantari, Ayurveda, Narinder Nanu, Krishna’s, Narakasura, •, Krishna, Lord Indra’s, • Bhai Dooj, Lord Yama, tilak, Prince Rama, Vishnu, Sita, Ravana, Rama, Sita’s, Xavier Galiana, Lord Krishna’s, Bali, Bandi, Hargobind, Emperor Jahangir, Jahangir, Guru Hargobind, Mahavira, Emperor Ashoka, Manjunath Kiran, patti, Shiva, Parvati Organizations: CNN, Getty, Lord Locations: India, Nepal, Malaysia, Fiji, Homes, Mumbai, AFP, Vrindavan, Bangalore

☆ The greenback is 'losing some influence' in the oil markets — and it means a partial de-dollarization is likely, says JPMorgan
▼ + stars: | 2023-09-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

The US dollar is losing some influence in the oil markets, according to JPMorgan. The correlation between the USD's strength and oil prices has weakened, per the bank's research. The analyst drew the conclusion by looking at the impact of a strengthening dollar on oil prices. AdvertisementAdvertisementThe relationship exists because the dollar is traditionally inversely correlated to oil prices — meaning that when the greenback's value rises, oil prices fall, and vice versa. This trend is because more oil is now being transacted in non-dollar currencies, JPMorgan said in its report, such as the Chinese yuan.

Persons: Natasha Kaneva, Kaneva, Jahangir Aziz, —, It's Organizations: JPMorgan, Service, Brent, Reuters, Russia Locations: Wall, Silicon, China, Russia, Ukraine, Washington

☆ India's 6.1% GDP growth in January-March quarter shouldn't have come as a surprise, JPMorgan says
▼ + stars: | 2023-06-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's 6.1% GDP growth in January-March quarter shouldn't have come as a surprise, JPMorgan saysJahangir Aziz of the investment bank says other emerging markets have "all been surprising on the upside, barring … Taiwan, Czech Republic and South Africa."

Persons: Jahangir Aziz Organizations: … Locations: … Taiwan, Czech Republic, South Africa

☆ The Clash of Civilizations That Heralded a Rocky Relationship
▼ + stars: | 2023-04-07 | by ( Abhishek Kaicker | ) www.nytimes.com time to read: +2 min

Das, a professor of English at Oxford University, is the rare scholar who combines a sensitivity to the literature of Jacobean England with a sympathetic and nuanced understanding of the Mughal empire. In Das’s telling, Roe was not a herald of the Company Raj to come as much as a product of 17th-century England, an island nation whose commercial ambitions were beginning to overshadow its royal court. Conflicts over precedence did nothing to advance his mission of securing trade rights, which was the real reason Roe had been sent across the Indian Ocean. The Mughal emperor Jahangir suffered neither James I’s financial embarrassments nor accorded much privilege to traders. Indeed, the court’s sumptuous ceremonies led “mogul” to become a byword for fantastical wealth and overwhelming power.

☆ Market reaction to Fed Chair Powell's speech was 'much more muted' than expected, says JPMorgan
▼ + stars: | 2022-12-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket reaction to Fed Chair Powell's speech was 'much more muted' than expected, says JPMorganJahangir Aziz of the investment bank said in the next few weeks, the market will wake up to the realization that Fed rate hikes and dollar strength are not over.

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