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☆ Biden's IRA is the U.S. playing 'catch-up' after Trump, UK minister says
▼ + stars: | 2023-02-24 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

The U.K.'s Finance Minister Jeremy Hunt has said that the U.S. President Joe Biden's Inflation Reduction Act is a bid to play 'catch up' on clean energy investment. "We have to recognize that the United States is coming to this from behind," told CNBC's Tanvir Gill at the G-20 meeting in Bengaluru, India. Trump was highly vocal in his denial of climate change during his time in office, frequently rejecting warnings from climate scientists and famously withdrawing the U.S. from the Paris Climate Agreement within his first months in the job. "We will make sure that the U.K. continues to be a very attractive place for all clean energy investments, but we'll do it in a different way, our own way," he said. "We are very proud of the progress we have made, and we will continue to blaze a trail," he added.

☆ French Finance Minister: Not time to water down G-20 communique on Ukraine war
▼ + stars: | 2023-02-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFrench Finance Minister: Not time to water down G-20 communique on Ukraine warFrench Finance Minister Bruno Le Maire speaks to CNBC's Tanvir Gill at the G-20 meeting in Bengaluru, India.

☆ Britain's taxes will be cut 'as soon as we can afford to,' finance minister says
▼ + stars: | 2023-02-24 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

U.K. Finance Minister Jeremy Hunt on Friday said that the government will look to cut taxes "as soon as we can afford to," amid pressure from some lawmakers in his own party to reduce the country's levies. The ruling U.K. Conservative Party has an electoral mountain to climb ahead of next year's general election, with polls consistently indicating a landslide for the main opposition Labour Party. Asked if taxes will be lower by the time the election rolls around, Hunt said "as soon as we can afford to, yes." In his Autumn Statement in November, Hunt delivered a slew of tax rises and spending cuts as he set out to plug a substantial hole in the country's public finances. The U.K. tax burden currently hits at a 70-year high.

☆ U.S. will resume economic talks with China 'at an appropriate time,' Yellen says
▼ + stars: | 2023-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. will resume economic talks with China 'at an appropriate time,' Yellen saysU.S. Treasury Secretary Janet Yellen spoke to CNBC's Tanvir Gill at a news conference ahead of a G-20 financial leaders meeting in Bengaluru, India.

☆ India's largest insurer LIC says it may review stake in Adani after management meeting
▼ + stars: | 2023-02-13 | by ( Sumathi Bala | ) www.cnbc.com time to read: +4 min

watch nowIndia's largest insurer says it "might" review its stake in the embattled Adani Group after meeting with the management. "We propose to speak to them about this ... just to try and understand what's really happening within the organization, within the Adani group." In a further blow, global index provider MSCI last week said it will cut the weightings of some Adani Group businesses, including flagship firm Adani Enterprises. Still, the LIC chairman said the national insurer isn't too concerned about the conglomerate's high debt levels or the recent volatility in Adani's share price. Adani falloutThe Adani fallout has raised concerns about the group's exposure to India's leading banks and insurers.

☆ India's largest lender discusses exposure to Adani
▼ + stars: | 2023-02-09 | by ( Tanvir Gill | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's largest lender discusses exposure to AdaniDinesh Khara of the State Bank of India speaks to CNBC's Tanvir Gill about the Adani crisis and the bank's exposure to the company.

☆ India will buy oil from 'wherever we have to' if terms are beneficial, energy minister says
▼ + stars: | 2023-02-07 | by ( Sumathi Bala | ) www.cnbc.com time to read: 1 min

India will secure oil from anywhere as long as the terms are beneficial, India's energy minister told CNBC. India is the third largest oil consumer in the world, and according to Hardeep Singh Puri, accounts for 30% of global consumption. "Today we feel confident that we'll be able to use our market to source from wherever we have to, from wherever we get beneficial terms," the minister told CNBC's Tanvir Gill on "Squawk Box Europe," as part of India's energy week. "By beneficial terms in this situation is: you have to be sure of your supplies," he explained. India has been buying Russian oil at a steep discount since global powers imposed sanctions on the Kremlin in a bid to cut down its ability to raise funds for its war against Ukraine.

☆ Watch CNBC's full interview with Microsoft CEO Satya Nadella
▼ + stars: | 2022-11-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Microsoft CEO Satya NadellaSatya Nadella, chairman and CEO of Microsoft, speaks to CNBC's Tanvir Gill.

☆ Microsoft's Satya Nadella says he is 'very, very bullish' on Asia, especially China and India
▼ + stars: | 2022-11-17 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Satya Nadella, chief executive officer of Microsoft Corp., during the company's Ignite Spotlight event in Seoul, South Korea, on Tuesday, Nov. 15, 2022. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesThe CEO of Microsoft says he is bullish about Asia, especially China and India, as Microsoft plans to build more data centers around the world. We're very, very bullish about what's happening in Asia," Satya Nadella, chairman and CEO of Microsoft, told CNBC's Tanvir Gill in an interview Thursday, adding that Microsoft is investing in at least 11 regions. Today, we primarily work to support multinational companies that operate in China and multinational companies out of China." "Microsoft's presence in India was about mostly multinational companies operating in India.

☆ Microsoft wants to create more competition among game publishers, CEO Satya Nadella says
▼ + stars: | 2022-11-17 | by ( Sheila Chiang | ) www.cnbc.com time to read: +3 min

SeongJoon Cho | Bloomberg | Getty ImagesMicrosoft CEO Satya Nadella says the American tech giant wants to create more competition among game publishers, as it faces an anticompetition probe over its $69 billion offer to buy Activision Blizzard . Activision Blizzard, the American game publisher behind popular franchises such as Call of Duty, Warcraft, and Candy Crush, could boost Microsoft's mobile gaming presence where it is largely absent. Microsoft has largely been in the console and PC video game businesses, offering access to hundreds of games via their video game subscription services Xbox Game Pass and PC Game Pass. What can Microsoft uniquely do for gamers and game publishers? When asked about the next step if the Activision Blizzard deal doesn't happen, Nadella said: "We have been in gaming for decades.

☆ Germany is open to trade with China — but we're not stupid, vice chancellor says
▼ + stars: | 2022-11-14 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +1 min

China is a trade partner but Germany has to be careful, Economy Minister Robert Habeck told CNBC's Tanvir Gill. Germany is open to strengthening ties with China but would need to remain cautious on where any investment goes, the country's Economy Minister and Vice Chancellor Robert Habeck said. That's not saying we are a stupid market, so we have to be careful," Habeck told CNBC's Tanvir Gill Saturday in Singapore. Habeck's comments come after German Chancellor Olaf Scholz made a controversial solo trip to China to meet President Xi Jinping in early November. Habeck also told CBNC which industries should and should not form closer bonds with China, saying there are some sectors "which are not open for sale."

☆ We're very comfortable with growing through acquisitions, says Indian conglomerate
▼ + stars: | 2022-11-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're very comfortable with growing through acquisitions, says Indian conglomerateKumar Mangalam Birla of the Aditya Birla Group tells CNBC's Tanvir Gill that "acquisitive growth" will be a major part of its playbook.

☆ Mahatma Gandhi's values have had a huge influence on our company, says Indian conglomerate
▼ + stars: | 2022-11-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMahatma Gandhi's values have had a huge influence on our company, says Indian conglomerateKumar Mangalam Birla of the Aditya Birla Group tells CNBC's Tanvir Gill how Gandhian values influenced the company's concept of "trusteeship."

☆ India is the 'best bet' in the global economy, says conglomerate exec
▼ + stars: | 2022-09-20 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

The India chairman of conglomerate Hinduja Group said he's bullish on India, which he called "the very great emerging, fast moving market." The Hinduja Group is headquartered in India though it owns businesses across many industrial sectors and has a presence in nearly 40 countries, including the United Kingdom, Switzerland and the United States. "The credit goes to our prime minister," he said, referring to Prime Minister Narendra Modi. Tensions between India and China sharpened in 2020 after their troops clashed on a shared border, and remain strained. More recently, Western countries have criticized India for increasing its purchases of Russian oil as that country's invasion Ukraine rumbles on.

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