DIRS.INFO The most relevant business & tech news

Leading up to the temple’s consecration, public spaces around India were thrumming with excitement. Ram is one of the most revered gods among India’s Hindus, who make up about 80 percent of a total population of 1.4 billion. Islam does not appear in the Ramayana, having arrived in India only 1,000 years ago. But it is cast as the primary villain in the Hindu-nationalist telling of India’s history. Now, with a kind of spiritual and political homecoming for Mr. Modi, the Ram campaigners have the temple they had sought for decades.

Persons: Narendra Modi, Ram, Modi Locations: Indian, Ayodhya, India

☆ Sony’s $10 billion India media deal with Zee ends in ugly breakup
▼ + stars: | 2024-01-22 | by ( Diksha Madhok | ) edition.cnn.com time to read: +2 min

New Delhi CNN —A dramatic acquisition saga in one of the world’s fastest growing media industries is headed for a bitter ending. Sony Group (SONY) has called off the merger between its India unit and Mumbai-based Zee Entertainment, the Japanese company said on Monday. Sony’s move to end talks comes at a time when Disney (DIS) and Mukesh Ambani’s Reliance Industries are discussing combining their Indian media businesses. Zee “categorically denies all the assertions … including their claims for the termination fee,” the statement added. Prime Minister Narendra Modi’s government expects the nation to soon become the world’s third largest media and entertainment market, from fifth currently.

Persons: Sony’s, Mukesh Ambani’s, Zee, Punit Goenka, Zee “, Narendra Modi’s Organizations: New, New Delhi CNN, Sony Group, SONY, Zee Entertainment, Netflix, Disney, Mukesh Ambani’s Reliance Industries, Sony, Reuters, Zee, Reliance Locations: New Delhi, India, Mumbai

☆ Ayodhya temple: India’s Narenda Modi hails a new ‘divine India’ as he inaugurates Ram Mandir ahead of election
▼ + stars: | 2024-01-22 | by ( Helen Regan | Rhea Mogul | ) edition.cnn.com time to read: +11 min

By moving ahead of building the temple, now we all take the oath of building a national, capable, successful, beautiful, and divine India,” Modi said. His promise to build the Ram Mandir helped spur that initial election success. A devotee gets anoint the name of Lord Ram on his forehead ahead of the Inauguration of the Ram Mandir Temple on January 20, 2024 in Ayodhya, India. Ritesh Shukla/Getty Images“I have come here to seek blessings from Lord Ram and Sita, I am very happy today,” she said. “I have come here to seek blessing from Lord Ram, Modi has done so much,” he said.

Persons: Narendra Modi’s, Lord Ram –, Ram, ” Modi, “ Ram, Modi, Lord Ram, Rafiq Maqbool, Pran Pratishtha, Mohan Bhagwat, ”, Yogi Adityanath, Acharya Mohanjodaro Bharadwaj, Babar, Money Sharma, Maulana Badshah Khan, “, ” Khan, weaponizing, Modi “, Modi fasted, Rajesh Kumar Singh, Nilanjan Mukhopadhyay, Chandravanshi, Ritesh Shukla, Sita, Lal Singh Khushwa Organizations: CNN, “, Bharatiya Janata Party, BJP, Rashtriya Swayamsevak Sangh, Getty, Human Rights, AP, YouTube Locations: India, India’s Ayodhya, Babri, Ayodhya, Vedika, India's, Mumbai, Uttar Pradesh, New York, Square, South Asia, Sarayu, New India, US, Tamil Nadu, “, Chhattisgarh

He has ensured this with the Ram Temple,” said Nilanjan Mukhopadhyay, an expert in Hindu nationalism and author of a book on Modi. Modi’s Hindu nationalist party is expected to once again exploit religion for political gain in the upcoming national elections in April or May and secure power for a third consecutive term. The mosque was demolished by Hindu mobs in December 1992, sparking nationwide riots that killed more than 2,000 people, mostly Muslims. That fraught history is still an open wound for many Muslims, and some say the temple is the biggest political testament yet to Hindu supremacy. Modi has released postage stamps on Ram Temple, and live screenings of the ceremony are planned across the country.

Persons: Narendra Modi, Lord Ram, Modi, ”, Nilanjan Mukhopadhyay, Modi's, ” Mukhopadhyay, “ Modi, Ram, Salam, ” Salam, revivalism —, “ Organizations: DELHI, —, Indian, Modi, Bharatiya Janata Party, Ram, BJP Locations: India, Ayodhya —, Ayodhya, Babri, Gujarat, Babri Mosque, Hindu India

☆ Factbox-What Are the Contentious Events Behind India's New Ram Temple?
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

(Reuters) - Indian Prime Minister Narendra Modi will lead a ceremony on Monday to consecrate a grand new temple to the Hindu god-king Ram, delivering on a campaign promise his political party made more than three decades ago. Legal battles ended in 2019 with the Supreme Court deciding to allow a Hindu temple to be built there, on condition that Muslims received another plot to build a mosque. In Dec. 1949, authorities seized the mosque after Hindu activists placed idols of Ram inside the disputed structure. Hindu and Muslim groups tried unsuccessfully to resolve the dispute through talks, before Modi's Hindu nationalist Bharatiya Janata Party (BJP) launched a nationwide campaign in 1990 to build the temple. He rode to the office of prime minister in 2014 on a Hindu nationalist platform that included the promise to build the temple.

Persons: Narendra Modi, Ram, Modi, Modi's, Nripendra Misra, Lord Vishnu, Babur, India's, Lal Krishna Advani, Krishn Kaushik, Krishna Das, YP Rajesh, Clarence Fernandez Organizations: Reuters, Indian, Bharatiya Janata Party, BJP, YP Locations: India, Ayodhya, Uttar Pradesh, New Delhi, Gujarat

☆ New Mosque Construction in India's Ayodhya to Begin in May, Muslim Group Says
▼ + stars: | 2024-01-20 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

The dispute had scarred relations between the communities for decades and the destruction of the mosque sparked nationwide riots that killed 2,000 people, mostly Muslims. India's top court said in 2019 that the razing of the mosque was unlawful, but ruled that evidence showed there was a non-Islamic structure beneath it. It ordered that the site be given to Hindu groups to build a temple and Muslim community leaders be given land elsewhere in the city for constructing a mosque. While construction of the $180 million temple began within months and the first phase is set to open on Monday, Muslim groups have struggled to raise funds and begin work at a desolate site about 25 km (15 miles) away. A crowd-funding website is expected to be launched in the coming weeks, said Shaikh, who is also a BJP leader.

Persons: Shivam Patel, Haji Arfat Shaikh, Ram, Zufar Ahmad Faruqi, Narendra Modi's, Athar Hussain, Shaikh, Muhammed bin Abdullah, Prophet Mohammad, Babur, YP Rajesh, Raju Gopalakrishnan Organizations: DELHI, Islamic Cultural Foundation, Narendra Modi's Bharatiya Janata Party, BJP, YP Locations: Indian, Ayodhya, India's, India, Babri

☆ Ayodhya’s Muslims confront grief and anxiety as Ram Temple inauguration nears
▼ + stars: | 2024-01-20 | by ( Aishwarya Iyer | ) edition.cnn.com time to read: +8 min

But like many of the town’s 500,000 Muslims, 65-year-old Maulana Badshah Khan says he’ll be staying at home. And tens of thousands of pious Hindus are thronging to the small town to place flowers and gifts inside the temple. “They will call for Muslims to be expelled from Ayodhya or demand a Hindu Rashtra (nation),” he said. Mahboob, one of the petitioners who fought for the Babri mosque in the Supreme Court, said for most Muslims of Ayodhya, its construction does not hold emotional sway. Muslims pray for peace ahead of verdict on a disputed religious site in Ayodhya, inside a mosque premises in Ahmedabad, India, November 8, 2019.

Persons: Saffron, Narendra Modi, Maulana Badshah Khan, he’ll, Modi, Khan, ”, Azam Qadri, Douglas E, Curran, Haji Mahboob, Mahboob, Nilanjan Mukhopadhyay, Mukhopadhyay, Nalin Kohli, Modi’s, Amit Dave, Babri, Arafat Shaikh –, BJP –, Shaikh, Gharib Nawaz, Vinod Bansal, Mahant Jairam Das, Hassan Ali Organizations: New, New Delhi CNN, Indian, Modi’s Bharatiya Janata Party, BJP, Getty, he’s, CNN, Ram, Hindu Parishad, Rashtriya Swayamsevak Sangh Locations: New Delhi, Ayodhya, New India, India, Babri, Ahmedabad, Saudi Arabia, Pakistan

☆ Religious Spectacle to Mark Opening of Ram Temple by India's Modi
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +4 min

It is also being seen as the virtual launch of the deeply religious strongman Modi’s re-election campaign for general elections due by May. India's majority Hindus say the site is the birthplace of Lord Ram, and was holy to them long before Muslim Mughals razed a temple at the spot and built the Babri Masjid or mosque there in 1528. Some of India’s top business leaders, movie actors and sportspersons have also been invited for the consecration, organisers said. The inauguration has also sparked a political controversy with major opposition parties, including the main opposition Congress, declining invitations to attend saying it had been converted into a political, Modi event. “The construction of the temple is going on as per the direction of the Supreme Court, so we welcome it.

Persons: Saurabh Sharma, Rajesh AYODHYA, Lord Ram, Narendra Modi, Modi’s, Modi, ” Modi, “, ”, Prithvi Datta Chandra Shobhi, Zufar Ahmad Faruqi, Shivam Patel, YP Rajesh, Raju Gopalakrishnan Organizations: Bharatiya Janata Party, BJP, Supreme Court, Krea University, Islamic, Foundation, YP Locations: India, Ayodhya

Here’s a look at high-profile recent and upcoming attempts, and what they might mean, ahead of Japan’s moon landing. Just this week, however, a U.S. company, Astrobotic Technology, said its lunar lander will soon burn up in Earth’s atmosphere after a failed moonshot. Another U.S. company, Intuitive Machines, plans to launch its own lunar lander next month. ___CHINAChina landed on the moon in 2013 and last year launched a three-person crew for its orbiting space station. China built its own space station after it was excluded from the International Space Station, in part because of U.S. objections over the Chinese space program’s intimate ties to the military.

Persons: Japan’s, Peregrine, Astrobotic, Narendra Modi’s, China’s, Russia’s Luna Organizations: TOKYO, UNITED STATES NASA, Astrobotic, NASA, Private, SpaceX, International Space Station, International, Soviets, Elon Locations: Japan, United States, Soviet Union, India, China, U.S, ___ INDIA India, United States . New Delhi, CHINA China, USSR, Asia, RUSSIA, Russia

☆ Ayodhya Ram Mandir: A decades long Hindu nationalist dream is about to be achieved. What does this mean?
▼ + stars: | 2024-01-19 | by ( Rhea Mogul | ) edition.cnn.com time to read: +8 min

Ahead of the event, Modi has been fasting and praying in an 11-day ritual steeped in Hindu religious symbolism. But many Hindus believe the Babri Masjid was built on the ruins of a Hindu temple, allegedly destroyed by Babar, the first Mughal emperor of South Asia. The site is significant to them because they believe it’s the birthplace of Lord Ram, now honored with the construction of the new Ram Mandir. Hindu nationalist groups had for years campaigned to demolish the mosque to build a temple in its place. Muslims pray for peace ahead of verdict on a disputed religious site in Ayodhya, inside a mosque premises in Ahmedabad, India, November 8, 2019.

Persons: Narendra Modi, Modi, Lord Ram, ”, ” Modi, Babar, Douglas E, Curran, “, Rajesh Kumar Singh, Amit Dave, “ Young, Asaduddin Owaisi, Sudhanshu Trivedi, Larsen, Toubro Organizations: CNN, country’s, Modi’s Bharatiya Janata Party, BJP, YouTube, India’s, AP, Rashtriya Swayamsevak Sangh, Indian National Congress Locations: Indian, Ayodhya, India, Babri, South Asia, Uttar Pradesh, Ahmedabad

☆ Indian Devotees Splurge on Jets, Gold Idols as Hindu Temple Opens
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

Indian Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. Officials estimate 100 private jets will descend on Jan. 22 on Ayodhya airport, filling it to capacity. Mehra did not disclose the price of the charters, but private jet booking website JetSetGo lists the price of a Mumbai-Gorakhpur flight on a Falcon 2000 jet with nine passengers on board at about $74,000. There is a waiting period of two weeks," said Baldev Singh, a manager at HS Jewellers in Lucknow city. "People are betting on economic prosperity but there's also emotional attachment to be part of the Ayodhya story."

Persons: Saurabh Sharma, Tanvi Mehta, Narendra Modi, Mukesh Ambani, Lord Ram, Modi, It's, Rajan Mehra, Mehra, Baldev Singh, Amitabh Bachchan, Abhinandan, Abhinandan Lodha, Aditya Kalra Organizations: Indian, Ram, Bharatiya Janata Party, Dassault, Reuters Locations: Tanvi Mehta AYODHYA, India, Ayodhya, Varanasi, Gorakhpur, Mumbai, Thailand, Lucknow city

The hefty Davos promotions come after India surpassed China last year as the world's biggest country by population. Now India is touting its growing strength as a nation of innovation and as a global business hub in front of some of the world's richest and most powerful people. "As China's economy slows down, India's relatively rapid growth stands out as a clear opportunity for investors in Davos looking for bright spots." "We had an all-time revenue record in India," Apple CEO Tim Cook said on the company's latest earnings call in November, in response to an analyst's question about the company's momentum there. Hidary said Indian billionaire Mukesh Ambani's smartphone company Jio will serve about 600 million people in India through a $12 device.

Persons: There's, Ravi Agrawal, Agrawal, Narendra Modi, that's, Tim Cook, Apple Tim Cook, Punit Paranjpe, Jack Hidary, Hidary, Mukesh, Ambani Organizations: India Engagement, Wipro, Infosys, Tata, Foreign Policy, CNN, CNBC, World Bank, International Trade Administration, Visual, Bank of India, Dell, HP, Lenovo, Apple, AFP, Getty, India, AMD, Nvidia, Micron, WEF Locations: DAVOS, Switzerland, Davos, India, China, CNN India, Maharashtra, Tamil Nadu, Telangana, Karnataka, U.S, Mumbai, Bangalore, Gujarat

☆ Akasa Air: Boeing gets some good news as Indian airline orders 150 737 Max jets
▼ + stars: | 2024-01-18 | by ( Diksha Madhok | ) edition.cnn.com time to read: +3 min

India’s newest airline is purchasing 150 Boeing 737 Max aircraft, in the first major order the troubled planemaker has announced since the dramatic Alaska Airlines incident in which part of the fuselage of a 737 Max 9 fell off mid-flight. Akasa Air has ordered the 737 Max 10 and 737 Max 8-200 aircraft to be delivered through 2032, the airline said at an event in the southern Indian city of Hyderabad. On Wednesday, the US Federal Aviation Administration said it was expanding its probe to include Spirit AeroSystems (SPR), which builds the fuselage of the 737 Max 9. Akasa Air, which was launched in 2022, is not the only Indian carrier that is buying a lot of Boeing planes. Last year, Air India said it would buy 220 Boeing planes.

Persons: planemaker, Max, ” Stephanie Pope, Ethopia, Antony Blinken, Vinay Dube, ”, Joe Biden, Narendra Modi Organizations: New, New Delhi CNN, Boeing, Max, Akasa, Alaska Airlines, US Federal Aviation Administration, Economic, Air, Indian Locations: New Delhi, Alaska, Indian, Hyderabad, Portland , Oregon, Indonesia, Wells, Washington, Davos, Switzerland, India, Air India

The Ram Mandir's opening Monday would fulfill a decadeslong Hindu nationalist pledge that is expected to resonate with voters during the upcoming national election expected in April or May. The narrow roads have given way to four-lane pilgrim route, including the newly developed 13-kilometer (8-mile) Ram Path leading to the temple. At least two head priests from a Hindu sect have refused to go the opening ceremony, saying consecrating an unfinished temple goes against Hindu scriptures. And volunteers from Modi’s party and other Hindu nationalist groups are going door to door, distributing religious flags and pamphlets. Many others shared Bhatia's feelings about the temple's opening.

Persons: Lord Ram, Hinduism’s, Ram, Narendra Modi's, Modi, Ananya Sharma, ” Sharma, Om Prakash Bhatia, —, marigold, “ Lord Ram, ” Bhatia, “ Jai Sri Ram, ”, “, Gaurav Shourey, ” ___ Banerjee, Piyush Nagpal Organizations: DELHI, Bharatiya Janata Party, Associated Press Locations: India's, Ayodhya, homestays, India, Modi, Indian, New Delhi, vermillion, Lucknow

☆ ‘Annapoorani’: Netflix removes Indian movie after backlash by right-wing Hindu groups
▼ + stars: | 2024-01-16 | by ( Jessie Yeung | ) edition.cnn.com time to read: +5 min

New Delhi CNN —Netflix has removed an Indian film from its platform after it sparked backlash and protest from right wing Hindu groups – the latest in several recent controversies where India’s entertainment industry has caved to religious pressure campaigns. The movie was released on Netflix on December 29, where it quickly became the streaming platform’s top trending movie in India, according to production studio Zee Entertainment. “We removed this film at the request of the licensor,” a Netflix spokesperson confirmed to CNN in a statement Tuesday. CNN reached out to Zee Entertainment and the film’s director, but did not receive a response by the time of publication. That incident, like the ongoing controversy over ‘Annapoorani,’ prompted a police complaint against Netflix executives.

Persons: ”, Ramesh N Solanki, Lord Ram, Shriraj Nair, Vikram Seth, Narendra Modi’s, ‘, ’, Modi Organizations: New, New Delhi CNN, Netflix, Zee Entertainment, CNN, Hindu IT Cell, Vishwa Hindu Parishad, India, Bharatiya Janata Party, BJP, – Locations: New Delhi, India, Asia, Indian, Delhi, Mumbai

☆ Indian markets are ‘priced to perfection'— unlikely to rise much ahead of elections
▼ + stars: | 2024-01-16 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +1 min

Indian equity benchmarks the Nifty 50 and BSE Sensex have rallied by more than 6% since the state elections. The Indian stock markets rallied to new highs in 2023 on the back of bullish investors and stronger domestic participation. But analysts warn that the level of optimism seen last year will not be replicated before the general election concludes. Both the Nifty and Sensex hit record highs of 22,081.95 and 73,000, respectively, during Asia's Monday afternoon trading session. In the past five general elections, Indian markets have climbed an average 18% six months prior, 8% three months before, 2% in the months after the results, and 10% half a year later, said Shantanu Bhargava, managing director and head of listed investments at Waterfield Advisors.

Persons: Narendra Modi's, Sensex, Peeyush Mittal, Mittal, Shantanu Bhargava Organizations: BSE Sensex, Narendra Modi's Bharatiya Janata, BJP, Matthews Asia, CNBC, Waterfield Advisors

☆ Netflix removed an Indian film after religious viewers criticized meat-eating characters
▼ + stars: | 2024-01-15 | by ( Yoonji Han | ) www.businessinsider.com time to read: +4 min

Read previewNetflix pulled an Indian film from its platform just days after it began streaming after backlash from right-wing Hindu groups, reports say. This story is available exclusively to Business Insider subscribers. The phrase "love jihad" refers to an Islamaphobic conspiracy theory purporting that Muslim men are seducing Hindu women to convert them to Islam. 'Fanaticism won, creativity lost'It's not the first time Netflix and other streaming platforms have faced pressure from religious Hindu groups. AdvertisementNetflix did not immediately respond to a request for comment from Business Insider.

Persons: —, Narendra Modi's, Shri Ram, Annapoorani, — Ramesh Solanki 🇮🇳 ( Organizations: Service, Netflix, Business, Hindu Parishad, Zee Studios Locations: Tamil Nadu

☆ Hit Men Are Easy to Find in the Movies. Real Life Is Another Story.
▼ + stars: | 2024-01-14 | by ( Jesse Mckinley | More About Jesse Mckinley | ) www.nytimes.com time to read: +1 min

“I could not find you a hit man,” he said. Only about half of all murders in the United States are cleared or solved each year, according to the F.B.I., making it difficult to say definitively how many people are killed specifically by hit men. While there are also no handy stats on how many murder-for-hire attempts fail, experts and indictments indicate that many are marred by amateurism and ineptitude. “There isn’t a real efficient, high-quality hit service out there like in the movies,” said Michael C. Farkas, a defense attorney who has worked as a New York City homicide prosecutor. That case chilled Canadian and Indian relations, and has cast suspicion on Narendra Modi, India’s conservative prime minister and a Hindu nationalist.

Persons: Robert Baer, ”, “, ” Dennis Kenney, ” Mr, Kenney, amateurism, Michael C, Farkas, —, Hardeep Singh Nijjar, Narendra Modi Organizations: John Jay College of Criminal Locations: United States, New York City, British Columbia

☆ Social media uproar may cost the Maldives millions, as feud with India intensifies
▼ + stars: | 2024-01-10 | by ( Monica Pitrelli | Jonathan Delise | ) www.cnbc.com time to read: +2 min

Social media posts by Maldivian officials may cost the country millions in tourism revenue, as calls by Indian travelers to boycott the island nation intensify. Travel bookings to the Maldives tumbled following a diplomatic row that erupted last week after a series of posts appeared on X, formerly known as Twitter, on India Prime Minister Narendra Modi's account. Amid reports that thousands of Indian travelers have canceled trips to the Maldives, one prominent Indian travel booking website, EaseMyTrip, announced it is suspending flight bookings from India to the Maldives. The Maldives, located some 340 miles to the south, is the preferred playground for India, however. In 2023, more than one in 10 arrivals were from India, making it the country's largest source market, followed by Russia and China, according to Maldives tourism statistics.

Persons: Ankit Chaturvedi, Narendra Modi's, EaseMyTrip, — Organizations: CNBC Travel, India, India Express Locations: India, Maldives, Lakshadweep, Andaman, Sri Lanka, Russia, China

☆ India wants to host the Olympic Games in 2036. Is the country ready?
▼ + stars: | 2023-12-28 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +4 min

Labourers work beside the Olympic signage at the entrance of a venue ahead of the upcoming 141st International Olympic Committee (IOC) session in Mumbai on OCtober 11, 2023. In October, Prime Minister Narendra Modi announced that India plans to host the 2036 Games, reportedly saying it's the country's "age-old dream." Indonesia, Mexico, Turkey and Poland have also expressed their interest to host the Games in 2036. Reliance Industries, the country's largest private sector company, entered into a partnership with the Indian Olympic Association (IOA) last year. In 2011, after the games concluded, the chairman of the of the Commonwealth Games organizing committee, Suresh Kalmadi, was arrested for corruption and financial malpractice.

Persons: Indranil MUKHERJEE, INDRANIL MUKHERJEE, Indranil Mukherjee, Narendra Modi, Nita Mukesh Ambani, CNBC's Tanvir Gill, Ambani, Thomas Bach, Suresh Kalmadi, David Carter, Carter Organizations: 141st International Olympic Committee, AFP, Getty, Afp, India, Business, Reliance Foundation, Reliance Industries, Indian Olympic Association, Olympic Games, CNBC TV18, Olympic, Commonwealth Games, Guardian, BBC, Cricket, University of Southern, CNBC Locations: Mumbai, India, Indonesia, Mexico, Turkey, Poland, Delhi, University of Southern California

☆ Asia’s year in review: Who had it good — and who had it bad — in 2023
▼ + stars: | 2023-12-22 | by ( Curtis Chin | Jose B. Collazo | ) www.cnbc.com time to read: +7 min

As 2023 comes to a close, we take a look at the year that was in Asia and the Pacific region. But who had it good and who had it bad in 2023? Bad year: China's property marketWith millions of Chinese citizens still waiting for homes they put down payments on — but might never be built — 2023 was a particularly bad year for China's property market. A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023. Chinese families and individuals who once saw homes as more than somewhere to live but also as investments have reason to fear 2023 won't be the last bad year they face.

Persons: Curtis, Chin, Jose B, —, Vikram, Amit Dave, Narendra Modi, Taylor Swift, Kim Ji, Jennie, Kim Jennie, Roseanne Chae, Lisa, Lalisa, King Charles, Rose, Roseanne Park, Jisoo Kim, Jennie Kim, King Charles III, Yoon Suk Yeol, Kim Keon Hee, Victoria Jones, Blackpink, Michelle Yeoh, Joe Biden, Xi Jinping, San Francisco —, China Evergrande, Moody's, Asia's Organizations: Asian Development Bank, RiverPeak Group, ISRO —, Indian Space Research, Orbiter, ISRO, Buckingham, Sustainable, COP26, Getty, YG Entertainment, APEC, U.S, International Monetary Fund Locations: U.S, Asia, Turkey, Syria, Maui, Hawaii, Lahaina, Pacific, India, Gujarat Science City, Ahmedabad, Korea, British, LONDON, ENGLAND, Glasgow, London, England, South Korea, Malaysian, New Zealand, Thailand, China, San Francisco, United States, Taiwan, South China, Country, Hangzhou city, Zhejiang province

☆ Watch out Hong Kong – India's stock market is fast catching up
▼ + stars: | 2023-12-06 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

India's stock market hit a $4 trillion valuation for the first time on Tuesday, per Bloomberg. It's narrowing the gap with Hong Kong, the world's fourth-largest stock market. AdvertisementThe value of companies listed on India's stock exchanges hit $4 trillion for the first time on Tuesday – narrowing the gap with Hong Kong, Bloomberg reported. Hong Kong is the world's fourth-largest stock market, but is now worth less than $4.7 trillion following an 18% slide in the Hang Seng Index this year. The Indian market was worth less than $1.5 trillion in pandemic-affected 2020, according to Bloomberg, but has since made significant gains.

Persons: —, Narendra Modi, Sanjeev, Sharekhan, Goldman Sachs Organizations: Bloomberg, Service, Reuters, IMF, Apple Locations: Hong Kong, India, China, Japan

☆ India to be world's third-largest economy by 2030 -S&P Global Ratings
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Dec 5 (Reuters) - India will remain the fastest-growing major economy for at least the next three years, setting it on course to become the world's third-largest economy by 2030, S&P Global Ratings said in a report. S&P expects India, currently the world's fifth-largest economy, to grow at 6.4% this fiscal and estimates growth will pick up to 7% by fiscal 2027. However, S&P, which had raised its forecast even before the latest data, said India's growth will depend on its successful transition to a manufacturing-dominated economy from a services-dominated one. "A paramount test will be whether India can become the next big global manufacturing hub, an immense opportunity," S&P said in its Global Credit Outlook 2024 report, dated Dec. 4. India has one of the youngest working populations in the world, with nearly 53% of its citizens under the age of 30.

Persons: Narendra Modi's, Nandan Mandayam, Savio D'Souza Organizations: India, Global, Thomson Locations: BENGALURU, India, Bengaluru

[1/2] Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. While all manufacturers including Samsung (005930.KS) have agreed to India's plan, Apple is pushing back. Apple, whose India lobbying efforts are being reported for the first time, and India's IT ministry, did not respond to Reuters requests for comment. Renowned Apple analyst Ming-Chi Kuo has estimated 12-14% of iPhone production in 2023 will be from India, with the number set to rise to as much as 25% next year. In terms of market share, Apple accounts for 6% of India's booming smartphone market, compared with just about 2% four years ago.

Persons: Francis Mascarenhas, Apple, Narendra Modi, Ming, Chi Kuo, Prabhu Ram, Aditya Kalra, Susan Fenton Organizations: Apple, REUTERS, DELHI, European Union, Samsung, India's, Reuters, IT, Research, Indian, Consumers, Industry Intelligence, CyberMedia, Thomson Locations: Mumbai, India, New Delhi, U.S, KS, EU, PLI, China

☆ ChatGPT, Oppenheimer and Indian entertainment top the most-viewed Wikipedia pages in 2023
▼ + stars: | 2023-12-05 | by ( Sergio Padilla | ) edition.cnn.com time to read: +7 min

Given its massive surge in popularity, the page about OpenAI’s virtual chatbot ChatGPT was the most viewed page on Wikipedia this year, amassing more than 49.4 million page views. The Wikipedia entry about the series drew more than 38 million page views. Virat Kohli of India bats during the ICC Men's Cricket World Cup India 2023 Final between India and Australia at Narendra Modi Stadium on November 19, 2023 in Ahmedabad, India. The page for the league itself received more than 32 million views and the 2023 season receiving more than 20 million views. Chris Pizzello/APThe Oppenheimer film received more than 28 million page views, the page about real-life physicist J. Robert Oppenheimer himself received 25.6 million views while the Barbie film received 18 million.

Persons: New York CNN —, ChatGPT, ”, Anusha Alikhan, Alikhan, It’s, “ Oppenheimer, Virat Kohli, Narendra Modi, Gareth Copley, Jawan, Pathaan ”, Barbie ”, ” Barbie, Oppenheimer, Chris Pizzello, J, Robert Oppenheimer, Taylor Swift, Elon Musk, Lionel Messi, Andrew Tate, misogynist influencer, Tate, Barbie, Cristiano Ronaldo, Matthew Perry, Lisa Marie Presley Organizations: New, New York CNN, New York CNN — Wikipedia’s, Wikimedia Foundation, CNN, Indian Premier League, Cricket, ”, United Nations, Internet, Mobile Association of India, eventual, Australia, ICC Men's Cricket, Narendra, Getty, Men’s Cricket, Warner Bros, Los Feliz Theatre, Major League Soccer, Inter Miami, Premier League Locations: New York, ” India, India, United States, United Kingdom, China, Australia, Ahmedabad, Wikipedia’s, Los Angeles, Gaza, Ukraine, Hamas, Israel, Romania, ChatGPT, Water

Search resuls for: "Narendra"

25 mentions found