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President-elect Donald Trump's return to the White House has sent ripples through global financial markets, with many investors looking to recalibrate their portfolios for a dramatically different policy landscape ahead. Higher Treasury yields mean higher interest rates for corporate borrowers. Trump's tariffs Perhaps the biggest concern for investors globally is Trump's campaign promise of aggressive new tariffs , including the potential for a universal 10% tariff on all imports and a 60% tariff on Chinese goods. However, some Asian nations might benefit if higher tariffs on China prompt manufacturers to relocate. Europe Most analysts agree that U.S. trade tariffs are likely to hurt Europe, with some companies able to navigate the challenges better than others.
Persons: Donald Trump's, Russell, Mislav Matejka, David Seif, Goldman Sachs, Gareth Leather, Macquarie, Aditya Suresh, Mark Diethelm, Diethelm, Emmanuel Cau, — CNBC's Michael Bloom Organizations: White, Republican, Trump, U.S, Nasdaq, Treasury, Nomura, Federal Reserve, Asia Capital Economics, Capital Economics, U.S ., Union, Morningstar, Logitech, Barclays Locations: Congress, Treasurys, Trump's, U.S, United States, Korea, Taiwan, China, Vietnam, Asia, India, Europe
The Indiana man charged in the 2017 killing of two middle school girls was convicted of murder Monday, NBC affiliate WTHR of Indianapolis reports. The jury’s decision came after a four-week trial in which Richard Allen, 52, pleaded not guilty to murder charges in the Feb. 13, 2017 slayings of close friends Abigail Williams, 13, and Liberty German, 14. “Richard Allen is the ‘bridge guy.’ He kidnapped them and later murdered them. After his arrest, Allen was held in solitary confinement in a maximum security prison while awaiting trial. “How much can one human endure?”Officers escort Richard Matthew Allen following a hearing on Nov. 22, 2022, in Delphi, Ind.
Persons: Richard Allen, Abigail Williams, Allen, Nick McLeland, ” McLeland, “ Richard Allen, , Libby, Brad Rozzi, Rozzi, Allen's, ” Rozzi, Richard Matthew Allen, Darron Cummings, WTHR, wasn't, he’d Organizations: NBC, Liberty, NBC Chicago, , Authorities Locations: Indiana, Indianapolis, Delphi, Carroll County, Ind
“The fact that there could have been a South Asian woman in the White House … we’re not there yet, but it would have been very nice. “There’s a great deal of disappointment in that sense,” said Shakeel Syed, executive director of the nonprofit South Asian Network. She steeped her daughters in all things South Asian, said Harris, who grew up eating South Indian food, like potato curry and masala dosa, and hearing Gopalan speak Tamil. Like many young and progressive Asian Americans, she said Israel’s war in the Gaza Strip has been an important issue for her. In the meantime, South Asian voters say they have no choice but to keep pushing.
Persons: they’re, Kamala Harris ’, Harris, Donald Trump, , Anjali Bhatt, we’re, ” Bhatt, Trump, she’s, Sumati Thomas, Harris ’, I’ve, Kamala Harris, ” Harris, Joe Biden, Biden, There’s, Shakeel Syed, Gopalan, , P.V, Thomas, Bhatt, they’d, Harris didn’t, Syed, ” Syed, Harris wanes, Usha Vance, Vivek Ramaswamy, “ It’s, ” Thomas Organizations: South, D.C, Republican, Harris ’ Democratic, South Asian, Democratic, South Asian Network, Democratic National Convention, University of California, Civil Rights Movement, DNC, , American, Trump, White, Indian American Locations: South Asian, Washington, America, In Mississippi, South, India, California, Chennai, Indian, Berkeley, U.S, Gaza, Southeast Michigan, Pakistan, Bangladesh, American
Global trade changed considerably over the past four years — benefiting India — as President Joe Biden retained much of Trump's tariffs on China. EnergyOn the one hand, analysts expect Indian interests to be aligned with those of the United States regarding oil prices . Trump's previous term in office, whether intentionally or coincidently, saw moderate to low oil prices. As India imports over 90% of its oil needs, New Delhi will likely welcome any move by the U.S. to keep oil prices low. A quick resolution of the war in Ukraine — Trump's campaign promise — would also prove to be negative for oil prices.
Persons: Narendra Modi, Donald Trump, Narendra Modi's, Joe Biden, Macquarie, Aditya Suresh, Trump, Uncle Sam, Samiran Chakraborty, Baqar Zaidi, Ukraine —, , Sanjeev Prasad Organizations: India's, U.S, Manufacturing, Global, Observer Research Foundation, Treasury, Indian, Citi, Companies, Tata Consultancy Services, HCL Tech, Infosys, Energy, Suzlon Locations: Hyderabad, New Delhi, India, China, U.S, Mumbai, United States, Ukraine
From JD Vance Vance and his grandmother Bonnie, whom he called “Mamaw.” From JD Vance Vance poses for a portrait near the US Capitol in January 2017. Astrid Riecken/The Washington Post/Getty Images Vance appears on “Late Night with Seth Meyers” in March 2017. Gaelen Morse/Bloomberg/Getty Images Trump watches as Vance speaks at a rally in Youngstown, Ohio, in September 2022. Scott Olson/Getty Images Vance watches Trump speaks to the media at Manhattan Criminal Court in New York in May 2024. Jeff Kowalsky/AFP/Getty Images Vance speaks to the media in Atlanta after the CNN presidential debate between Trump and President Joe Biden in June 2024.
Persons: Ohio Sen, JD Vance, , Donald Trump’s, Vance, Trump, Usha Vance —, , “ America’s Hitler, Brenna, Bernie Moreno, Donald Trump's, Will Lanzoni, CNN He’s, Mike Pence, Joe Biden, Democratic Sen, Elizabeth Warren of, Vance Trump, Donald Trump Jr, Tucker Carlson, Florida Sen, Marco Rubio, Doug Burgum, Bonnie Vance, Lindsey, James, JD Vance Vance, Bonnie, Astrid Riecken, Seth Meyers ”, Lloyd Bishop, NBCUniversal, Sen, Rob Portman, Jeffrey Dean, Drew Angerer, Matt Gaetz, Marjorie Taylor Greene, Justin Merriman, Julia Nikhinson, Reuters Vance, Gaelen Morse, Jeff Swensen, Vivek, Usha, Ewan, Tim Ryan, Andrew Spear, Mitch McConnell, Markwayne Mullin, Ted Budd, McConnell, Katie Britt, Eric Schmitt, Graeme Sloan, AP Vance, Al Drago, Michael Swensen, Sherrod Brown, , ” Vance, Jabin Botsford, Mandel Ngan, Scott Olson, Spencer Platt, Jeff Kowalsky, Eva Marie Uzcategui, Brenna Bird, CNN Vance, Tim Walz, ” Will Lanzoni, Mike DeWine, ” DeWine, Kamala Harris —, Roe, ” Weeks, CNN’s Dana Bash Organizations: CNN, Republican, Trump, GOP, Marine Corps, Ohio State University and Yale Law School —, Fox News, Ohio’s Senate, Convention, Democratic, Republican National Convention, Trump’s, North Dakota Gov, Capitol, Washington Post, Senate, Republican Senate, Bloomberg, Getty, Reuters, Ohio, Fair, Mirabel, US, Sipa, AP, Senate Commerce, Science, Transportation, Palestine Fire Department, Conservative Political, Conference, Manhattan Criminal, Getty Images, CBS Broadcast Center, Ohio Gov, Republican Party, Democratic Party Locations: Ohio, Trump’s, Ohio’s, New York, Milwaukee, Ukraine, Elizabeth Warren of Massachusetts, Butler , Pennsylvania, Lago, Florida, Middletown , Ohio, Delaware , Ohio, Newark , Ohio, Greensburg , Pennsylvania, Columbus, Youngstown , Ohio, Batavia , Ohio, Vandalia , Ohio, Cincinnati, Columbus , Ohio, East Palestine , Ohio, East Palestine, National Harbor , Maryland, AFP, Detroit, Atlanta, West Palm Beach , Florida, Springfield , Ohio
CNN —The defense for Richard Allen, the man accused of killing two teenagers in Delphi, Indiana, in 2017, rested its case Wednesday after several days of calling witnesses, including a cell phone forensic expert and a psychiatrist, according to CNN affiliate WTHR. He has pleaded not guilty to four charges, including two counts of murder and two counts of felony murder, court records show. Liberty "Libby" German and Abigail "Abby Williams were found dead after going on a hike in February 2017 in Delphi, Indiana. FBIOn Tuesday, a cell phone forensic expert testified that data from Libby’s cell phone shows someone inserted a headphones cord into the phone on the night the girls went missing and then removed it five hours later, according to WTHR. Over the years, authorities released sketches and portions of a video recorded on Libby’s cell phone in hopes of finding a suspect.
Persons: Richard Allen, Allen, Liberty “ Libby, Abigail “ Abby ” Williams, , Abby, Libby, ” Allen, Abigail, Abby Williams, WTHR, Kohr, Monica Wala, Wala Organizations: CNN, WTHR, Associated Press, FBI, Indiana State Police, WLFI, WRTV, Westville Correctional Locations: Delphi , Indiana, Delphi, Indianapolis, , Westville
The only potential competitive congressional race to watch in those states is Indiana’s 1st District, where Democrat Rep. Frank Mrvan is running for re-election. Here are some early bellwethers to watch:Two Virginia districts offer a glimpseTwo congressional districts in Virginia, where polls close at 7 p.m. Both districts may be valuable early indicators of how the election is playing out in the suburbs, which are key to Democratic victories up and down the ballot. North Carolina’s 1st District: Test of Black voteThis district in North Carolina, where polls close at 7:30 p.m. ET, will provide a valuable early gauge of the Black vote, one of the most important questions of the 2024 election cycle.
Persons: Kamala Harris, Donald Trump, Frank Mrvan, Randy Niemeyer, Harris, Trump, Jen Kiggans, Missy Cotter Smasal, Cotter, Harris ’, Joe Biden, Biden, Eugene Vindman, Derrick Anderson, Abigail Spanberger, Vindman, Trump’s, Alexander, Anderson, Eugene, that’d, , Kyle Kondik, Republicans redrew, Laurie Buckhout, Don Davis, , Marcy Kaptur, Derek Merrin, Kaptur Organizations: GOP, Democratic, Republican, Republicans, NBC, University of Virginia, GOP Army, Black, Trump Country, Trump Locations: East Coast, Indiana, Kentucky, Virginia, Virginia Beach, Fredericksburg, swingy, Northern Virginia, Ukraine, Northern Virginia , Virginia, Carolina’s, North Carolina, Ohio’s, Ohio’s 9th, Toledo
“Knowing India has a strong presence in Bhutan, China naturally becomes vulnerable in the bordering region,” said Rishi Gupta, assistant director at the Asia Society Policy Institute in New Delhi. “None of the roads connect into Bhutan, they start from the Chinese border and end in forest areas. ‘No intrusion’Bhutan has repeatedly denied that Chinese construction has taken place in its territory. Bhutanese Foreign Minister Tandi Dorji, left, and Chinese Foreign Minister Wang Yi meet in Beijing in October 2023. They picked up formal talks last October for the first time since the Doklam standoff, with Bhutan’s foreign minister making a rare visit to Beijing.
Persons: , that’s, Xi Jinping, Robert Barnett, Lotay Tshering “, SOAS ’ Barnett, Barnett, Bhutan’s, ” Barnett, Doklam, Bhutan –, Rishi Gupta, Jieluobu, Jieluobu –, Yun Sun, , SOAS’s Barnett, , Damien Symon, Symon, relocatees, Lotay Tshering, it’s, Karma Phuntsho, Manoj Joshi, Tandi Dorji, Wang Yi, Xi Organizations: CNN, East China Seas, Planet Labs, SOAS University of London, Tibet Autonomous, Labs, Bhutan’s Ministry of Foreign Affairs, SOAS, Gurinder, India’s Ministry, Affairs, Asia Society Policy, Beijing, Jieluobu, Stimson, Demalong ., Demalong . Tibet Federation of Industry, Commerce, Intel Lab, Chatham House, La, National, ” Observers, Observer Research, Trade, Foreign, Ministry Locations: Bhutan, China, Tibet, South, East, India, Tibet Autonomous Region, Demalong, Lhuntse, “ China, Indian, Chinese, Nathu La, Sikkim, Gurinder Osan, Delhi, Beijing, Siliguri, New Delhi, Doklam, Washington, Semalong, Luozha, WeChat, Demalong . Tibet, London, Jieluobu, Belgian, , Thimphu, Kula, Bhutanese
A sign for the Reserve Bank of India (RBI) sign is displayed inside central bank's headquarters in Mumbai, India. The Reserve Bank of India would be able to tap its large foreign exchange reserves to defend the domestic currency in the event of global market volatility and an outflow of foreign funds, the sources said. There has been a record outflow of more than $10 billion in foreign funds from India stocks, while foreigners pulled $700 million from the debt market. Central bank officials have not committed to or signaled any timing for a rate cut. China's stimulus efforts, which could intensify if U.S. tariffs further hurt its economy, have been a factor driving foreign funds out of India and other emerging markets into China.
Persons: Donald Trump, Kamala Harris, Trump Organizations: Reserve Bank of India, Republican, Democratic, Trump Locations: Mumbai, India, China, The U.S, Central
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
Here’s how election night will unfold hour by hour
  + stars: | 2024-11-02 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +4 min
Here’s a look at when polls close and how many electoral votes are at stake each hour:7 p.m. 28 electoral votes lean toward Trump: Indiana, Kentucky and South Carolina16 electoral votes lean toward Harris: Virginia and Vermont16 toss-up votes: Georgia7:30 p.m. 10 electoral votes lean toward Trump, including Utah and Montana6 toss-up votes: NevadaTotal votes with polls closed by 10 p.m. 4 electoral votes lean toward Trump: Idaho74 electoral votes lean toward Harris, including California, Oregon and WashingtonTotal votes with polls closed by 11 p.m. 3 electoral votes lean toward Trump in Alaska4 electoral votes lean toward Harris votes in HawaiiTotal votes with polls closed by 1 a.m.
Persons: Donald Trump, Kamala Harris, It’s, Harris, Trump Organizations: CNN, Republican, Democratic, Trump :, Trump, West Virginia, North Carolina Total, Congressional, Pennsylvania, Congressional District, Michigan, Nevada, Washington Total, Hawaii Locations: America, East, West, Florida, Ohio, California, New York, Georgia, Indiana, Kentucky, Trump : Indiana , Kentucky, South Carolina, Harris : Virginia, Vermont, North Carolina, Trump : Ohio, Pennsylvania, Michigan, Texas, Trump : Oklahoma , Missouri , Tennessee , Mississippi , Alabama, Harris : Illinois, Maine , New Hampshire , Massachusetts, Rhode Island , Connecticut , New Jersey , Delaware , Maryland, Washington, Arkansas, Arizona , Michigan, Wisconsin, Wyoming, North Dakota, South Dakota , Nebraska , Iowa , Kansas , Texas, Louisiana, New Mexico , Colorado , Minnesota , New York, Arizona , Wisconsin, Nevada, Utah, Montana, Trump : Idaho, California , Oregon, Hawaii, Alaska, Trump
Allen’s contradictory statements were in the spotlight during the second week of his trial in a Carroll County courtroom. In the interview, Allen — then a CVS clerk — provided an account of what he’d done that Feb. 13. Once at Westville Correctional Facility, Allen told prison officials and officers — including the warden — that he killed the girls, prosecutors have said. A week later, Wala said, Allen told her he wanted to sign a confession, prompting the psychologist to tell him to speak with his attorneys. A day later, on May 10, Allen called his wife with the psychologist present and told her that he’d killed the girls, Wala testified.
Persons: Richard Allen, Abigail Williams, Allen, they've, he'd, Allen —, , Abby, Libby, didn’t, I’ve, ” “, , He’d, , it’s, ” Allen, Monica Wala, Michael Conroy, Wala, he’d, Stacy Diener, WTHR Organizations: Liberty, Prosecutors, NBC Chicago, Westville Correctional, NBC Locations: Indiana, Delphi, Carroll, Monon, Westville, Ind, Indianapolis
Priyanka Chopra Jonas and Nick Jonas celebrated a “perfect Diwaloween,” Chopra wrote in an Instagram post Friday. This year, the start of Diwali — which celebrates good over evil and light over darkness by some South Asian religions — fell on the same day as Halloween. On years when the two holidays collide, which hasn't happened since 2016, many in the South Asian diaspora put them together for "Diwaloween." The Instagram post features Chopra Jonas and Jonas in traditional Indian garments, including a sari and a kurta, respectively. They held a Western ceremony, complete with a white gown, followed by a traditional Hindu ceremony the next day, in which Chopra Jonas wore red and ornate henna.
Persons: Priyanka Chopra Jonas, Nick Jonas, ” Chopra, Chopra Jonas, Jonas Locations: India
AdvertisementSummer is over, and this Sunday it's time to turn back the clocks, ending daylight-saving time for the year. "That's how fragile and susceptible your body is to even just one hour of lost sleep," sleep expert Matthew Walker, author of "How We Sleep," previously told Business Insider. Some lawmakers want permanent DST — others want standard time year-roundThe political debate over DST is fierce, unscientific, and deeply divided. In the 2018 midterms, voters opted to get rid of the annual clock change, to be in permanent daylight-saving time. Switching to permanent DST requires a green light from Congress, but states do not need federal approval to switch to permanent standard time.
Persons: , it's, Matthew Walker ,, That's, GOP Sen, Marco Rubio, Rubio, Akinbolaji Organizations: Service, American Medical Association, DST, Sleep Research Society, National Conference of State Legislatures, Protection, GOP, Senate, University of Minnesota Medical School Locations: Germany, Europe, Hawaii, Arizona, Indiana, Finland, California
Currently, more than 80% of India's energy needs are met by coal, oil and solid biomass, according to the International Energy Agency. On the demand side, the Indian government has aggressively pushed policies that favor vehicles powered by compressed natural gas (CNG), a derivative of liquified natural gas (LNG). Meanwhile, the number of households that could receive piped natural gas is more than 300 million. For instance, natural gas is a crucial ingredient for making fertilizers, and manufacturing it domestically helps increase food security. Seth is also optimistic about India's growth rate for its third and fourth quarters despite slower capital expenditure in some states.
Persons: Punit Paranjpe, Francis Mascarenhas, They're, Maruti Suzuki, GAIL, MGL, of Home Affairs Amit Shah, David Morrison, Shah, Ajay Seth, Seth, Aravind Maiya, Embassy REITs, Maiya, Landsberg Bennett, Michael Landsberg, Landsberg Organizations: Gas, Private, Afp, Getty, International Energy Agency, Energy, Reuters, Maruti, Institute for Energy Economics, Rystad Energy, Citi, JPMorgan, Gujarat Gas, of Home Affairs, Foreign, Department of Economic, Reserve Bank of India, CNBC, Embassy, Fortune, Wealth Locations: Dhamra, Bhadrak district, India's Odisha, India, Europe, Ukraine, Moscow, Russia, Iraq, Saudi Arabia, Pune, Gujarat, Canada, U.S
Chief among them, the person the outgoing president tapped to replace him on the ticket, Vice President Kamala Harris. “People understood that if you didn’t choose Kamala Harris, you’d have a big problem with your base voters,” Etienne says. He’s had plenty of women who worked for him over the years, but there was no one who looked like Kamala Harris and there was no one in a position of authority. Vice President Kamala Harris and Minnesota Gov. Elijah Nouvelage/AFP/Getty ImagesComing Thursday: How cat people are still haunting Trump’s campaign
Persons: Joe Biden, Donald Trump, Read, ” Joe Biden, CNN’s MJ Lee, Nancy Pelosi, Biden, Lee, , , Pelosi, “ America’s, Evan Vucci, Trump’s, Team Trump, “ Trump, unpleasantly, Tim Alberta, NPR’s Michel Martin, Kamala Harris, “ Joe Biden’s, California’s Gavin Newsom, Michigan’s Gretchen Whitmer, J.B, Pritzker, Kentucky’s Andy Beshear, Maryland’s Wes Moore, Pennsylvania’s Josh Shapiro, Sens, Amy Klobuchar, Joe Manchin, Pete Buttigieg, Harris, ” Lee, Ashley Etienne, Barack Obama, you’d, ” Etienne, Trump, Harris ’, , “ Kamala, I’ve, Ron Bieber, cheaters, Donald Trump’s, “ We’re, Kevin Mohatt, CNN’s Kristen Holmes, CNN’s Phil Mattingly, Van Jones, he’s, Rachel Scott, Vincent Alban, Obama, Hillary Clinton, Lyin, Kamala ”, Etienne, Treene, Jeff Zeleny, detests Biden, viscerally detests, He’s, Tim Walz, Ohio Sen, JD Vance, Walz, ” Vance, Vance, Brendan Smialowski, CNN’s Edward, Isaac Dovere, Beyoncé’s, Roe, Wade, smirking, Elijah Nouvelage Organizations: CNN, Guardian, White, Republican National Convention, Team, Trump, Governors, Democratic National Convention, Naval, Democratic Party, Harris, Biden, Democratic, AFL, National Association of Black Journalists, ABC, Howard University, Minnesota Gov, Marine, Army National Guard, United States Marine Corps, Ohio Republican, Arlington National Cemetery, Pentagon, Getty, Republicans, , Fox News, ABC News Locations: Wilmington, Delaware, Atlantic, Michigan’s Gretchen Whitmer , Illinois, Minnesota, West Virginia, Michigan, Wisconsin, West Allis , Wisconsin, Trump, Jamaica, India, United States, Iraq, United States of America, Afghanistan, Philadelphia, AFP, Roe, Alabama, Atlanta
The Canadian government alleged on Tuesday that Indian Minister of Home Affairs Amit Shah, a close ally of Hindu nationalist Prime Minister Narendra Modi, was behind the plots to target Sikh separatists on Canadian soil. The Washington Post newspaper first reported that Canadian officials alleged Shah was behind a campaign of violence and intimidation targeting Sikh separatists in Canada. India has called Sikh separatists "terrorists" and threats to its security. Sikh separatists demand an independent homeland known as Khalistan to be carved out of India. The Canadian case is not the only instance of India's alleged targeting of Sikh separatists on foreign soil.
Persons: Narendra Modi, Amit Shah, of Home Affairs Amit Shah, Canada's, Shah, David Morrison, Morrison, Indira Gandhi, Hardeep Singh Nijjar, Vikash Yadav, Gurpatwant Singh Pannun Organizations: Indian, India's, of Home Affairs, Washington Post, Foreign, Commission of, FBI, West Locations: Varanasi, Canada, U.S, Commission of India, Ottawa, India, Washington, Indian, New York City, China
At trial Thursday, defense lawyer Andrew Baldwin asked the clerk, Kathy Shank, if his client was trying to "assist" the investigation. And he said the information Allen provided to authorities days later was marked as cleared when it shouldn’t have been. Allen provided a similar account, according to former Delphi Police Chief Steve Mullin, who conducted the interview, though Allen said he’d arrived at the trail at noon and left at 1:30 p.m. When Mullin showed Allen a photo of the “bridge guy,” the former chief testified, Allen responded: “If the picture was taken with the girl’s camera, there was no way it could be him,” Mullin testified. In his testimony, Liggett said it was the discovery of that bullet along with witness accounts that prompted Allen’s arrest.
Persons: Richard Allen, He’d, Abigail Williams, Allen, , they’ve, Andrew Baldwin, Kathy Shank, Dan Dulin, Dulin, Shank, Richard Allen Whiteman, Tony Liggett, who’d, Railly Voorhies, Voorhes, , Voorhies, she’d, Jennifer Auger, ” Liggett, Allen “, Shanks, Steve Mullin, he’d, Mullin, ” Mullin, Sig Sauer, Liggett Organizations: Liberty, NBC Chicago Lawyers, CVS, NBC, Indiana Department of Natural Resources, Department of Children’s Services, Carroll County Sheriff, Liggett, Delphi Police, Authorities Locations: Indiana, Carroll, Indianapolis, Carroll County
Fishing trawlers are seen parked at a beach near the Bay of Bengal in Digha, India, ahead of cyclone Dana's landfall, on October 24, 2024. Dibyangshu Sarkar/AFP/Getty ImagesAhead of landfall, authorities evacuated hundreds of thousands of people, shut schools and canceled trains and flights in parts of the country. The India Meteorological Department (India MET) issued its highest red rainfall warning for parts of Odisha and West Bengal. People evacuated from Amarnagar village sit inside a cyclone shelter near Dhamara fishing harbour before cyclone Dana makes landfall, in Bhadrak district of the eastern state of Odisha, India, on October 24, 2024. Dana is forecast to weaken as it drifts west through Odisha, bringing moderate to isolated heavy rainfall along its path over the weekend.
Persons: Dana, Dibyangshu Sarkar, Mohan Charan Majhi, ” Majhi Organizations: CNN, Typhoon Warning, Getty, India Meteorological Department, Press Trust of India, Authorities, Dana, Reuters, Associated Press Locations: India, Kolkata, Odisha, West Bengal, Chandbali, Bengal, Digha, AFP, Amarnagar, Bhadrak district
One airline alone, the budget company IndiGo Airlines, received nearly 30 bomb threats in four days since Sunday, according to statements by the carrier. Bomb threat hoaxes aren’t a new phenomenon in India – several airports received similar threats in April and June this year. Millions of dollars lostEach bomb threat causes a ripple effect of disruptions, costing both airlines and passengers huge amounts of time and money, said Lazar. Authorities follow these steps “word for word” with every single threat, said aviation minister Naidu. “Passengers are going to be scared but those who need to fly will fly … so what’s going to happen if this havoc is created around Diwali?” Lazar said.
Persons: Sanjay Lazar, Hilmi Tunahan, , Kinjarapu Ram Mohan Naidu, Lazar, , There’s, Naidu, , ” Lazar, Prakash Singh, pranksters, we’ve Organizations: New, New Delhi CNN, IndiGo Airlines, Akasa Airlines, SpiceJet, Alliance Air, India, Air India, Passengers, Vistara Airlines, Getty Images Police, Twitter, Police, Civil Aviation, Authorities, Indira Gandhi International, Bloomberg, Getty, CNN, Ministry of Civil Aviation Locations: New Delhi, New York, Chicago, Singapore, , India, Turkey, Germany, Erzurum, Anadolu, Mumbai
CNBC's Inside India newsletter: A poorly timed IPO?
  + stars: | 2024-10-24 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +6 min
Shares of carmaker Hyundai 's Indian subsidiary started trading this week with much anticipation, only to drop by some 7% on its debut. Despite such success, it appears as if the stock market has given Hyundai the cold shoulder this week. First, the money raised by the stock market listing is being fed back to Hyundai's Korean parent. With the listing, the Indian subsidiary now commands nearly half the market capitalization of its Korean parent. However, the Indian subsidiary must now pay a flat 3.5% of total revenue going forward.
Persons: Ashish Vaishnav, Hyundai, it's, Gaurav Narain, Maruti Suzuki, China's, Narain, Kapil Singh, Singh, Ashish Jain, Pratik Organizations: Hyundai, Getty, Investors, Growth Fund, London Stock Exchange, ICG, Federated Hermes Global Emerging Markets Equity Fund, Maruti, Equity, Macquarie Locations: MUMBAI, MAHARASHTRA, INDIA, Mumbai, India, Korea, Hyundai India
Amid the flurry of partnerships announced on the occasion was a deal between Reliance and Nvidia to build AI infrastructure in India. Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model, as the American chip company looks to ramp up business in one of the world's biggest technology markets. Nvidia also announced Nemotron-4-Mini-Hindi 4B — a small language model in Hindi, the widest-spoken of India's multitude of languages. Companies running Nvidia hardware can deploy this language model, while Indian IT consultancy Tech Mahindra is using Nvidia's model to launch its own Hindi AI model, Project Indus 2.0. "India is very, very dear to the world's computer industry, central to the IT industry," Huang said.
Persons: Huang, Jensen Huang, Akshay Kumar, Mukesh Ambani, Narendra Modi, Modi, Neil Shah, Shah Organizations: Reliance, Nvidia, Yotta, Tata Communications, Reliance Industries, Companies, Indian, Tech Mahindra, Infosys, Wipro, TCS, Reliance Jio, Ambani's Reliance Industries, Counterpoint Research, CNBC Locations: India, Mumbai, American
NEW DELHI, India — India and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the Indian foreign minister said Monday, paving the way for improved political and business ties between the Asian giants. India’s tougher vetting of all Chinese investment after the clashes effectively turned away billions of dollars from the likes of carmakers BYD and Great Wall Motor, and added more red tape in Indian companies’ interactions with Chinese stakeholders. However, Indian imports from China have surged 56% since the 2020 border clash, nearly doubling New Delhi’s trade deficit with Beijing to $85 billion. China remains India’s biggest source of goods and was its largest supplier of industrial products last year. Asked about the impact of Monday’s pact on trade with and investment from China, Jaishankar said: “It has just happened.
Persons: Narendra Modi’s, Xi Jinping, Subrahmanyam Jaishankar, , Modi, Xi, Deependra Singh Hooda, carmakers BYD, Jaishankar Organizations: Indian, NDTV, ” Authorities Locations: DELHI, India, China, Russia, Ladakh, Beijing, New Delhi
More than 90 flights from Indian airports have received bomb threats in just over a week, including about 50 on Saturday and Sunday alone, according to local media reports. Bomb threats against airlines are taken especially seriously in India, which was rattled by a series of bombings and hijackings from the 1970s to 1990s. Two days later, the British air force dispatched a fighter jet to intercept an Air India Boeing 777 en route to London. Air India said it would consider legal action against those responsible and was cooperating with the authorities to identify the perpetrators. Police in Mumbai have arrested one person on suspicion of posting bomb threats against at least three flights, Kinjarapu said Wednesday in a post on X.
Persons: Kinjarapu Ram Mohan Naidu, Kinjarapu, Ripudaman Singh Malik, , Sidharath Kapur, , Kapur Organizations: Authorities, Indian Airlines, Air India, Airlines, , Air, Air India Express, Air India Boeing, London ., Police Locations: DELHI, India, United States, Kathmandu, Nepal, Delhi, Afghanistan, Toronto, New Delhi, ” Air India, Air India, New York, Mumbai, London, Chicago, Iqaluit
India and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the Indian foreign minister said on Monday, paving the way for improved political and business ties between the Asian giants. Estherpoon | Istock | Getty ImagesIndia and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the Indian foreign minister said on Monday, paving the way for improved political and business ties between the Asian giants. To avoid clashes, the two militaries will patrol contested points along the border according to an agreed schedule, a senior Indian military officer aware of the details told Reuters. Both sides will monitor the area in Ladakh to ensure that there are no violations, the officer added. Monthly review meetings and regular monitoring of the contested areas by both sides would ensure there are no violations, he added.
Persons: Narendra Modi's, Xi Jinping, Subrahmanyam Jaishankar, Modi, Xi, Deependra Singh Hooda Organizations: Istock, Getty Images, Indian, NDTV, Authorities Locations: India, China, Getty Images India, Russia, Ladakh, Indian, Beijing, New Delhi
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