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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

☆ Workers at Samsung India plant strike, partly hitting production
▼ + stars: | 2024-09-10 | by ( ) www.cnbc.com time to read: +1 min

Samsung employs under 2,000 workers at its Sriperumbudur plant near the city of Chennai which makes refrigerators and washing machines. The strike comes after Samsung Electronics' biggest union in South Korea held a four-day strike in August demanding higher wages and bonuses after talks with management fell through. Hundreds of workers at a Samsung Electronics plant in southern India have begun an indefinite strike to demand higher wages, partly hitting production on Monday, a union leader told Reuters. E. Muthukumar, who heads the Samsung India union, said many people dressed in company uniform sat outside the plant and demanded a wage hike and better working hours. A Samsung India spokesperson said in an email the company actively engages with "workers to address any grievances they may have and comply with all laws and regulations".

Persons: Muthukumar Organizations: Samsung, Samsung Electronics, Reuters, Samsung India Locations: Chennai, South Korea, India, Samsung India, Noida, Uttar Pradesh

☆ For American Brands Worried About China, Is India the Future?
▼ + stars: | 2024-06-26 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

Melissa & Doug had a situation. For decades, the American toy brand had leaned heavily on factories in China to make its products — wooden puzzles, stuffed animals, play mats. Melissa & Doug was eager to shift some production to other countries. The Melissa & Doug executive was surprised to see that the plant could make high-quality wooden toys, at prices comparable to those in China. Late last year, Sunlord completed its first batch of products for Melissa & Doug, a modest order of about 10,000 items, and now is cranking out 25,000 per month.

Persons: Melissa, Doug, Donald J, Trump, Biden, Sunlord Locations: China, Washington, Beijing, Greater Noida, New Delhi

☆ 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

☆ India is a key chip design market, Qualcomm says, as Modi makes semiconductor push
▼ + stars: | 2024-04-23 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

Photographer: Anindito Mukherjee/Bloomberg via Getty ImagesQualcomm is already designing chips in India as it taps on the country's pool of talented engineers, Qualcomm India's president said in an exclusive interview. "We already have chips that are actually designed completely end to end in India and we are shipping those globally," Savi Soin, president of Qualcomm India, told CNBC. "We have a lot of engineers here doing end-to-end chip design." An integral part of the semiconductor manufacturing process, chip design defines the requirements for the chip's architecture and system, as well as how individual circuits will be laid out on the chip. Local media reported in January that Qualcomm is expanding its Chennai operations with a new design center focusing on wireless technology.

Persons: Dixon, Anindito Mukherjee, Savi Soin Organizations: Dixon Technologies, Electronics, Bloomberg, Getty, Qualcomm, CNBC, Samsung Electronics, Semiconductor Industry Association Locations: Noida, Uttar Pradesh, India, Chennai

☆ India wants to become the top manufacturing alternative to China. But first it needs to beat Vietnam
▼ + stars: | 2024-04-02 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +6 min

The Biden administration has encouraged American companies to move electronics and technology manufacturing operations out of China and into friendlier countries, particularly Vietnam and India in Asia-Pacific. Vietnam's head startIndia and Vietnam are attractive manufacturing alternatives for foreign investors and companies, due in part to low labor costs. Import taxes remain highOne hurdle for India's manufacturing hub ambitions is the country's 10% import duty for information and communication technologies. India's import taxes were intended to protect domestic manufacturers, but lowering those duties will be part of the government's efforts to attract foreign firms to manufacture goods within the country. For example, India in January lowered import taxes for certain metal and plastic parts used in manufacturing mobile phones from 15% to 10%.

Persons: Biden, Mukesh Aghi, Samir Kapadia, Narendra Modi's, Aghi, Nari Viswanathan, Viswanathan, Tim Cook, Narendra Modi, Andy Ho, Modi, Kapadia, Pankaj Mahindroo, VinaCapital's Ho, Ho Organizations: Hindustan Times, Getty, Republicans, U.S ., India Strategic Partnership, India Index, Vogel Group, U.S, White House, Washington, Financial Times, Apple, Indian, Google, Dixon Technologies, Samsung, Motorola, India Cellular and Electronics Association, CNBC, corporates Locations: Noida, India, Asia, China, Vietnam, The U.S, U.S, United States, Singapore

☆ India’s booming tech sector suffers a big blow as Byju’s and Paytm plunge into crisis
▼ + stars: | 2024-03-07 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

A subsequent audit "revealed persistent non-compliances and continued material supervisory concerns in the bank," the central bank said on Jan. 31. Yet to be profitable, Paytm is also reportedly being probed by the federal anti-fraud agency on possible violations of foreign exchange laws. On Feb. 26, One97 Communications, the parent company of Paytm, said in an exchange filing that founder and CEO Vijay Shekhar Sharma had resigned from the board of Paytm Payments Bank. During the pandemic, Paytm capitalized on the digital payments boom in India, reporting a 3.5 times growth in transactions. SoftBank and Ant Group are now reportedly cutting their stakes in the payments company, according to local media.

Persons: Anindito Mukerjee, There's, Karan Mohla, Paytm, Vijay Shekhar Sharma, SoftBank Organizations: Bloomberg, Getty, B Capital, Reserve Bank of India, One97 Communications, Paytm Payments, Alibaba, Ant, Ant Group Locations: Greater Noida, India

☆ India set to clock up to 8% GDP growth as it boosts manufacturing capacity, minister says
▼ + stars: | 2024-02-02 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +4 min

Workers assemble mobile phones at a Dixon Technologies factory in Noida, India, on Jan. 28, 2021. Bloomberg | Bloomberg | Getty ImagesIndia could clock up to 8% annual GDP growth for several years as it focuses on boosting its manufacturing capabilities, a key government minister told CNBC on Thursday. watch nowHe spoke extensively about the country's mobile manufacturing ecosystem, claiming that 99% of the phones used in India were made within the country. The country exported $11 billion mobile phones last year, and they are likely to rise to between $13 billion and $15 billion in 2024, Vaishnaw said. Apple 's presence in India has grown exponentially since it first started manufacturing in the country in 2017.

Persons: Vaishnaw, Narendra Modi's, Nirmala Sitharaman, CNBC's, Apple, OnePoll, Joe Biden, India's Modi, Narendra Modi, Modi, Mandel Ngan Organizations: Dixon Technologies, Bloomberg, Getty, CNBC, Union, Railways, Communications, Electronics, Technology, CNBC's Sri, Deloitte, India, Apple, Samsung, Micron, U.S, India's, White, Afp Locations: Noida, India, Delhi, Mumbai, Chennai, China, Washington ,

☆ HP, Dell and Lenovo among 27 firms granted approval to manufacture tech hardware in India under incentive scheme
▼ + stars: | 2023-11-21 | by ( Sheila Chiang | ) www.cnbc.com time to read: +2 min

Chinas Realme closing in on market leaders Xiaomi, Samsung, yet hurdles loom in treacherous market where many stumbled. Under the PLI Scheme 2.0 for IT hardware, which was approved by the government in May, India will provide companies incentives for goods manufactured in the country. The Indian IT hardware market is expected to grow to $22.77 billion in 2027 from $15.52 billion in 2022. "The IT Hardware manufacturing sector faces the lack of a level playing field vis-à-vis competing nations ... There is need for a mechanism to compensate for the manufacturing disabilities vis-à-vis other major manufacturing economies," according to the ministry.

Persons: Chinas, Anindito Mukerjee, Vaishnaw Organizations: Xiaomi, Samsung, Bloomberg, Getty Images, Dell, HP, Lenovo, Asus, Ministry of Electronics, of Railways, Communications, Electronics Locations: Greater Noida, India, Indian

☆ India's Tech Mahindra shares slide on biggest profit drop in 16 years
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: 1 min

Employees walk outside the cafeteria in the Tech Mahindra office building in Noida on the outskirts of New Delhi, India March 7, 2019. Picture taken March 7, 2019. REUTERS/Adnan Abidi/File photo Acquire Licensing RightsBENGALURU, Oct 26 (Reuters) - Shares of Indian IT services company Tech Mahindra (TEML.NS) fell as much as 3.7% in early trade on Thursday, a day after the company posted its biggest profit drop in 16 years. The company reported a 61.6% fall in its consolidated net profit for the September quarter, its worst performance since March 2007. Reporting by Kashish Tandon in Bengaluru; Editing by Sohini GoswamiOur Standards: The Thomson Reuters Trust Principles.

Persons: Adnan Abidi, Kashish Tandon, Sohini Goswami Organizations: Tech Mahindra, REUTERS, Rights, Indian IT, Thomson Locations: Noida, New Delhi, India, Bengaluru

"Its permission to make products using propylene glycol (PG) is cancelled, and it is allowed to make and sell all other products." The Marion factory in Uttar Pradesh was closed in March, after an analysis last year by Uzbekistan's health ministry of two cough syrups made by Marion, Ambronol and DOK-1 Max. India's pharmaceuticals department told parliament that tests had also shown that a sample of propylene glycol (PG), an ingredient of cough syrups taken from Marion's factory contained EG. Reuters has reported that DEG and EG have been used by unscrupulous actors as a substitute for propylene glycol because they are cheaper. Uzbek state prosecutors told a court in Tashkent that distributors of the contaminated Marion syrups paid officials a bribe of $33,000 to skip mandatory testing there.

Persons: Anushree, Shashi Mohan Gupta, Gupta, Rajeev Singh Raghuvanshi, Marion, syrups, Marion syrups, Krishna N, Saurabh Sharma, Clarence Fernandez Organizations: Marion Biotech, Emenox, REUTERS, Reuters, World Health Organization, WHO, EG, Thomson Locations: Uzbekistan, Noida, India, DELHI, Uttar Pradesh, Gambia, Cameroon, Marion, Ambronol, Tashkent

Companies Reliance Industries Ltd FollowGREATER NOIDA, India, Oct 4 (Reuters) - Indian oil refining giant Reliance Industries showcased its swappable and multipurpose battery storage technology for electric vehicles (EVs) on Wednesday, as it makes a big push on clean energy. Reliance, led by billionaire Mukesh Ambani, displayed removable and swappable batteries for EVs that can also be used to power household appliances through an inverter at a renewable energy exhibition. The batteries can be swapped at Reliance's battery swap stations or re-charged by households using rooftop solar panels, which also it plans to sell, the executives added. Development of battery storage solutions is a part of Reliance's bigger $10 billion green push towards clean energy projects. The factory will be set up by 2026 and will make batteries and containerised energy storage solutions.

Persons: Mukesh Ambani, Arpan Chaturvedi, Aditi Shah, Dhwani Pandya, Kim Coghill Organizations: Reliance Industries, Reliance, Electric, Thomson Locations: NOIDA, India

☆ India's population has surpassed China's, but its labor force is still lagging by a large margin
▼ + stars: | 2023-09-29 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +1 min

India may be the most populous country in the world, but its labor force continues to lag behind China's, according to Oxford Economics. Even though India has the world's largest population, its labor force participation is only at 51%, trailing China by 25 percentage points. "Although the rate will increase over time, our current projections suggest India's labor force will remain smaller than China's until the late 2040s," Oxford said in a report last week. Although a larger proportion of India's population is of working age, those between the ages of 15 and 64 only make up 51% of the country's labor force, compared to 76% in China. China's population would have dipped to 1.1 billion by then, the report said.

Persons: Oxford Organizations: Haier Appliances India, Oxford Economics Locations: Greater Noida, India, China

☆ India welcomes MotoGP: Monsoon rains, Bollywood superstars and a mystery monkey
▼ + stars: | 2023-09-27 | by ( Jonathan Hawkins | ) edition.cnn.com time to read: +13 min

First-placed Bezzecchi (C), second-placed Prima Pramac Racing's Spanish rider Jorge Martin (L) and third-placed Monster Energy Yamaha's French rider Fabio Quartararo pose on the podium after the Indian MotoGP Grand Prix. Last year Poncharal says he bumped into Dorna CEO Carmelo Ezpeleta, who told him about the potential interest in an Indian MotoGP Grand Prix. As at the G20, the MotoGP race branding also featured the name ‘Bharat,’ rather than India. Bezzecchi is third overall in the championship, 44 points behind Bagnaia after the Indian Grand Prix. “It has been an incredible experience and success for MotoGP to be in India for the first time,” said Ezpeleta.

Persons: India CNN —, Jorge Martin, Fabio Quartararo, Money Sharma, Pramac, Hervé Poncharal, Poncharal, Carmelo Ezpeleta, Prakash Singh, we’ve, Ikjot Singh Bhasin, ” Paolo Ciabatti, “, ” Ciabatti, it’s, ” Poncharal, Herve Poncharal, Jonathan Hawkins, Tissot, Bharat, Marco Bezzecchi, ”, Marc Marquez, Martin, ” Martin, I’m, ” KTM's Jack Miller, Jack Miller, ” Miller, there’s, ” Sebastian Vettel, Andrew Hone, “ I’m, –, Repsol, Suresh Raina, SHARMA, Pecco Bagnaia, Marquez –, Ranveer Singh, Yuvraj Singh, Shikhar Dhawan, Yogi Adityanath, Bezzecchi, Bagnaia, appreciatively, Yamaha’s Frenchman, ” Ikjot Singh Bhasin, don’t Organizations: India CNN, India CNN — Briefly, Buddh, Circuit, Formula One, Pramac, Energy, Getty, Racing, Prix, CNN Sport, Ducati Lenovo, Buddh Circuit, MotoGP, CNN, Ducati, YouTube, Honda, Sprint, Financial Times, Manufacturers, KTM, Husqvarna, Indian, One, India MotoGP Bharat Locations: Noida, Uttar Pradesh, India, New Delhi, East, Asia, South America, Kazakhstan, Delhi, Greater Noida, AFP, Yamaha’s, “

☆ Inaugural Indian MotoGP race shortened due to heat
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +1 min

NOIDA, India, Sept 23 (Reuters) - The inaugural Indian Grand Prix race has been shortened by three laps after MotoGP riders asked for race distances to be adjusted due to hot and humid conditions during practice sessions, organisers said on Saturday. After Friday's two practice sessions, reigning champion Francesco Bagnaia said the conditions were "very demanding". "I thought Malaysia and Thailand were hot but here you feel like you're burning in some parts of the track." Ducati's Bagnaia will carry a 36-point lead over Pramac Racing's Jorge Martin in the 13th race of the year. Reporting by Hritika Sharma in Hyderabad Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Francesco Bagnaia, I've, MotoGP's, Ducati's, Pramac Racing's Jorge Martin, Hritika Sharma, Shri Navaratnam Organizations: Buddh, Circuit, Thomson Locations: NOIDA, India, Malaysia, Thailand, Hyderabad

☆ Bezzecchi takes pole at inaugural Indian MotoGP
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

Bezzecchi clocked the best time of one minute, 43.947 seconds to pip Pramac Racing's Martin by 0.043 seconds for his first pole since the British GP in August. Bagnaia holds a 36-point lead over Martin in the overall standings, with Bezzecchi a further 29 points behind in third. Luca Marini, Bezzecchi's team mate, qualified in fourth place ahead of factory Honda duo Joan Mir and Marc Marquez. "I want to dedicate this pole to a friend of mine that unfortunately left us a couple of days ago." Gresini Ducati's Alex Marquez has been ruled out of the remaining MotoGP weekend after suffering a double rib fracture in qualifying, his team said.

Persons: Marco Simoncelli, Misano, Mooney VR46, Marco Bezzecchi, Jennifer Lorenzini, VR46 Racing, Jorge Martin, Francesco Bagnaia, Bezzecchi, pip Pramac Racing's Martin, Bagnaia, Martin, Luca Marini, Bezzecchi's, Joan Mir, Marc Marquez, Gresini Ducati's Alex Marquez, Hritika Sharma, Peter Rutherford Organizations: Marino, Marino Grand Prix, MotoGP, Rights, VR46, Ducati, Honda, Circuit, Thomson Locations: Marino Grand, Misano Adriatico, Italy, Rights NOIDA, India, New Delhi, Hyderabad

A worker holds a Lava mobile handset at its manufacturing plant, in Noida, India, October 23, 2018. REUTERS/Anushree Fadnavis/File Photo Acquire Licensing RightsBENGALURU, Sept 22 (Reuters) - Homegrown Indian mobile phone firm Lava will launch 4G feature phones as it aims to corner a third of the market share for the entry-level devices within a year, while also gradually boosting its budget smartphones, a top executive said. Since it was set up in 2009, Lava has become popular for the budget phones, which have a keypad but no high-end features. Research firm Counterpoint estimates that Lava has a share of less than 1% in the world's second-biggest smartphone market, with 650 million such devices. Lava also plans to boost its smartphone offerings in the budget segment.

Persons: Anushree, Sunil Raina, Mukesh, Raina, Munsif, Aditya Kalra, Clarence Fernandez Organizations: REUTERS, Rights, International, Reuters, Samsung, HK, Thomson Locations: Noida, India, China, Bengaluru

☆ India's moon landing made history at a low cost
▼ + stars: | 2023-08-23 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

ISROThe list is grim reading: Stuck, failed, missed, failed, failed, stuck, failed, crashed, missed, crashed, crashed. Even in the modern era — with nine lunar landing attempts since 2013 — the track record is still shaky. Before India's success Wednesday, missions by China, India, Israel, Japan and Russia were three for eight in the past decade. School students watching the live telecast of Chandrayaan-3 landing on the Moon at Sector 20 Brahmananda Public School on August 23, 2023 in Noida, India. Perhaps the most remarkable aspect of India's moon landing is the shoestring budget — by government standards — with which the country achieved the mission.

Persons: Jonathan McDowell, Sunil Ghosh, Jim Bridenstine, Bridenstine, They've, who's Organizations: ISRO, Soviet Union's, Harvard - Smithsonian Center for Astrophysics, Gravity, India, School, Hindustan Times, NASA, CNBC, Indian Space Research Organization, U.S, Payload Services, Space Foundation Locations: China, India, Israel, Japan, Russia, Noida, U.S, India's, United States

☆ Electric vehicle premiums will ride high in India
▼ + stars: | 2023-08-14 | by ( Pranav Kiran | ) www.reuters.com time to read: +4 min

Mahindra Funster electric concept SUV is on display after it was unveiled at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. Singapore's Temasek handed Anand Mahindra’s EV business a punchy valuation of up to $9.8 billion this month. The $23 billion Mumbai-listed Mahindra & Mahindra (MAHM.NS) generates most of its top line from its sprawling autos business churning out everything from commercial vehicles to three wheelers. It follows the sale of up to 4.8% to British International Investments, the UK's development finance institution, at a $9.1 billion valuation in July last year. True, Temasek's valuation of the EV business depends on the latter hitting undisclosed milestones.

Persons: Kumar Rakesh, It’s, Maruti Suzuki, Una Galani, Katrina Hamlin Organizations: Mahindra, India, REUTERS, Reuters, Singapore's Temasek, Anand, Temasek, British International Investments, BNP, Tata Motors, TPG, HK, China’s MG Motors, Maruti, India’s, India’s Mahindra, British International Investment, Thomson Locations: Greater Noida, India, BENGALURU, Mumbai, China, EVs, Temasek

☆ Heavy rain in India's capital raises new fears of flooding
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +1 min

NEW DELHI, July 26 (Reuters) - Heavy rain brought flooding to an area near New Delhi on Wednesday forcing some evacuations and schools closures as the region braced for more downpours two weeks after the Yamuna river burst its banks inundating parts of the capital. Hundreds of vehicles were submerged in a commercial neighbourhood in Noida city, which adjoins southeast Delhi, after the Hindon river overflowed. People living near its banks had to move to higher ground, television footage showed, and some neighbourhood schools were closed. Moderate to heavy rain was expected in Delhi later on Wednesday, it said. The Yamuna river, which runs through the city, rose to a 45-year high following heavy rain in northern areas this month, flooding parts of the city and forcing the evacuation of thousands of people.

Persons: Mahatma Gandhi, Shivam Patel Organizations: Central Water Commission, Thomson Locations: DELHI, New Delhi, Noida, Delhi, Red Fort, Independence

[1/5] A Domino's staff member stands next to a sign for a 49-rupee pizza at a restaurant in Noida, India, July 4, 2023. A: With the world's cheapest Domino's pizza. "You are coming to the store or open the app, because there is a 49-rupee callout," he said, adding that Domino's global team supported the plans. Domino's global HQ referred queries about India to its local franchisee. When Khetarpal visited Domino's stores in Chennai and other cities, he said he saw customers emptying out their pockets and only being able to scrape together 49 rupees.

Persons: Adnan Abidi, Sameer Khetarpal, Khetarpal, Merrill Pereyra, They'll, Akshay Jatia, Westlife, It's, Devanshu Bansal, Kiran Raj, Praveen Paramasivam, Aditya Kalra, Saurabh Sharma, Jatindra, Brenda Goh, Hilary Russ, Abhirup Roy, Miyoung Kim, Pravin Organizations: REUTERS, U.S, India, Sapphire Foods, Domino's, Burger King's, Restaurant Brands, Euromonitor, Yum Brands, Global Financial Services, Pravin Char, Thomson Locations: Noida, India, CHENNAI, DELHI, America, Shanghai, San Francisco, Burger, zeroing, Pizza, New Delhi, Chennai, Burger King's India, United States, U.S, Lucknow, Bhubaneswar, New York, Singapore

☆ Goldman Sachs says India will overtake the U.S. to become the world's second-largest economy by 2075
▼ + stars: | 2023-07-10 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

Wolfgang Kaehler | Lightrocket | Getty ImagesIndia is poised to become the world's second-largest economy by 2075, leapfrogging not just Japan and Germany, but the U.S. too, says Goldman Sachs. "Over the next two decades, the dependency ratio of India will be one of the lowest among regional economies," said Goldman Sachs Research's India economist, Santanu Sengupta. Sengupta added that the key to drawing out the potential of India's rapidly growing population is to boost the participation of its labor force. The Achilles heel to the bank's projection is the labor force participation rate — and whether it increases at the rate which Goldman projects. "The labor force participation rate in India has declined over the last 15 years," the report noted, underlining that women's participation rate in the labor force is "significantly lower" than men's.

Persons: Taj, Wolfgang Kaehler, leapfrogging, Goldman Sachs, Santanu Sengupta, Sengupta, Goldman, Downside Organizations: Lightrocket, Getty, India, U.S, Tech, Employees, Bloomberg, Nurphoto Locations: Japan, Germany, U.S, India, China, Nasscom, Greater Noida, piecework, Nagaland, Nurphoto

☆ A married woman searched YouTube to find a route into India to be with a lover she met on a popular video game: 'She was not impressed by his work, but by his PUBG skills,' police said
▼ + stars: | 2023-07-09 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

A Pakistani woman took her four kids and made a dangerous trek to India to be with her lover. The woman met the man through the popular video game PUBG, NYT reported. In about a month, their cross-border love briefly put them in jail, The New York Times reported. Haider met Meena in person for the first time in Nepal without her children in March, the Times reported, citing police officials. The couple was caught on Tuesday after a lawyer notified authorities, the Times of India reported.

Persons: Seema Ghulam Haider, Sachin Meena, Haider, Meena, Ghulam Haider, There's, Sudhir Kumar, Haider's, Mir Jan Jhakrani Organizations: Service, New York Times, Hindustan Times, BBC, Times, Indian Express Locations: India, Wall, Silicon, PUBG, Delhi, Saudi Arabia, Pakistani, Pakistan, British India, Nepal, Greater Noida, New Delhi

☆ I'm a millennial living in Bengalaru, the Silicon Valley of India. I have my dream job in tech and get to spend 30% of my salary on travel, but there's a lot of pressure to be married.
▼ + stars: | 2023-07-09 | by ( Ananya Vahal | ) www.businessinsider.com time to read: +6 min

Dangda has the exact job she wanted and loves being able to learn and grow in it. Bengaluru is known as the Silicon Valley of India and I work for a tech company there. In India, work experience is more important than degreesI got my Bachelor of Laws (LLB) from a public university in Delhi which was very affordable. In India, work experience is more important than degrees. Unfortunately, my starting salary was based on the salary I had at my last job with an LLB.

Persons: Kavya Dangda, Dangda, It's, that's, I'm Organizations: Service, EMI Locations: Bengaluru, India, Wall, Silicon, Valley, Noida, Delhi, Singapore, Cambodia, Angkor

☆ India heatwave: Humans approaching limits of 'survivability' as sweltering heatwaves engulf parts of Asia
▼ + stars: | 2023-06-26 | by ( Rhea Mogul | ) edition.cnn.com time to read: +7 min

Sunil Ghosh/Hindustan Times/ShutterstockThe rain in Uttar Pradesh is likely to continue this week, bringing cooler temperatures to the region. In Pakistan’s capital Islamabad, temperatures soared to 39 degrees Celsius (102 Fahrenheit) last week before weekend rain brought some relief to the region. Last April, India experienced a heatwave which saw temperatures in capital New Delhi go beyond 40 degrees Celsius (104 Fahrenheit) for seven consecutive days. Last week, Beijing’s temperature soared above 41 degrees Celsius (105.8 degrees Fahrenheit), setting a new record for the capital’s hottest day in June. According to the country’s meteorological observatory, Beijing, Tianjin, Heibei, Shandong will “continue to be baked by high temperatures.”

Persons: Sunil Ghosh, ”, Chandni Singh, “, ” Singh, Kevin Frayer Organizations: Hong Kong CNN, Hindustan Times, CNN, Indian Meteorological Department, IMD, Indian Institute for Human, University of Cambridge, Beijing Locations: Hong Kong, India, Uttar Pradesh, Lucknow, Noida, Bihar, heatstroke, China, Pakistan’s, Islamabad, New Delhi, heatwaves, Assam, Pakistan, Beijing, Tianjin, Heibei, Shandong

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