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Crime is a big worry for women in India
  + stars: | 2023-03-09 | 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 EmailCrime is a big worry for women in IndiaIndia was ranked 135 out of 146 in a global gender gap index. CNBC's Tanvir Gill reports.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe West needs to be vigilant on China support for Russia, EU saysEU's Josep Borrell spoke exclusively to CNBC's Tanvir Gill at the end of the G-20 foreign affairs meeting in India.
Bangladesh's foreign minister said companies making "runaway profit" from the war in Ukraine should compensate affected, less developed nations. "In this war, some companies are making runaway profit... energy companies and the defense companies," AK Abdul Momen told CNBC's Tanvir Gill on the sidelines of the G-20 foreign ministers summit in New Delhi. "Therefore, we will argue that those companies that are making runaway profit, they should dedicate at least 20% of the profit to those countries that are most affected like us," he added, without naming specific companies. The war has also had major global economic ramifications, especially for countries like Bangladesh which imports most of its energy. The foreign minister said about 95% of the country's energy is imported.
There will be consequences if countries choose to give weapons to Russia to help it prosecute the war in Ukraine, the Netherlands' Foreign Minister Wopke Hoekstra told CNBC Thursday. There will be consequences if countries choose to give weapons to Russia to help it prosecute the war in Ukraine, the Netherlands' Foreign Minister Wopke Hoekstra told CNBC Thursday. There have been concerns that China is contemplating giving Russia weapons to help it continue its war in Ukraine, although Beijing has rebuffed those claims. Ukraine would be discussed, he noted, saying "we all are facing the effects of this tremendous crisis for which Russia, and Russia alone, is responsible." Asked when he believed the war could end, Hoekstra was pessimistic it could come to a conclusion anytime soon.
watch nowFrance's finance minister told CNBC that additional sanctions are being considered against Russia for its unjustified war against Ukraine, as current measures have proven to be "very efficient." When you are looking at the assets that have been frozen — more than $58 billion, you can say that sanctions against Russia are efficient," said the finance minister. Bruno Le Maire French finance ministerThe European Union recently ramped up its oil sanctions against Russia. The Group of 7 implemented a $60 price cap on Russian oil on Dec. 5. Reuters reported that the G-7 economies agreed to review the level of the price cap on exports of Russian oil in March.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with U.K. Finance Minister Jeremy HuntU.K. Finance Minister Jeremy Hunt speaks to CNBC's Tanvir Gill at the G-20 meeting in Bengaluru, India.
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.
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.
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.
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.
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 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.
From its humble beginnings as a horse breeding farm in India to becoming the world's largest vaccine manufacturer, Serum Institute of India has undergone rapid growth throughout the decades to reach its exceptional status. The company faced various challenges from getting permits and licenses to not being able to meet the global demand. But today, it is estimated that more than half the children in the world have been administered with their vaccine. After Adar Poonawalla became the CEO in 2011, he noticed the company did not have enough capacity to meet the growing global demand, leading him to invest more in capacity. As the world learns to live with Covid, Serum Institute also has plans to expand its vaccination portfolio and into the Western markets.
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.
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.
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.
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."
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.
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."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Portfolio manager Brian Arcese on top stock picks, 'recession proof' stocks and moreCNBC’s Tanvir Gill quizzed Foord Asset Management’s Brian Arcese on the best investing strategies right now.
Portfolio Manager Arcese joined Foord in 2014, and currently manages the Foord Global Equity fund and Foord SICAV - Foord International Fund. Join CNBC for the next installment of Pro Talks on Thursday, October 20 at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m. Check out our previous Pro Talks: CNBC Pro Talks: Asset manager Neil Veitch on top picks — and stocks to avoid — as volatility persists Is 'super cheap' Meta a buy or a miss? Portfolio Manager Arcese joined Foord in 2014, and currently manages the Foord Global Equity fund and Foord SICAV - Foord International Fund. Join CNBC for the next installment of Pro Talks on Thursday, October 20 at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m.
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.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC PRO Talks: Buffett disciple and veteran investor Mohnish Pabrai shares his market strategyCNBC’s Tanvir Gill spoke to Mohnish Pabrai, value investor and managing partner of Pabrai Investment Funds, on his current market outlook, his playbook on what to buy and what to avoid. Pabrai also shared his strategy around tech volatility. Pabrai is an ardent disciple of Warren Buffett and closely follows Buffett’s principles on value investing and capital allocation.
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