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☆ India is set to become the world’s most populous country. Can it create enough jobs?
▼ + stars: | 2023-01-17 | by ( Diksha Madhok | ) edition.cnn.com time to read: +5 min

New Delhi CNN —India will overtake China this year to become the world’s most populous country. That’s because India is simply not creating employment opportunities for the millions of young job seekers already entering the workforce every year. A huge crowd thronged India Gate on New Year's Eve on December 31, 2022 in New Delhi, India. The country needs to create at least 90 million new non-farm jobs by 2030 to absorb new workers, according to a 2020 report by McKinsey Global Institute. But, according to a former central banker, even this growth is “insufficient.”“A lot of this growth is jobless growth.

☆ India's Mamaearth parent files for IPO - draft prospectus
▼ + stars: | 2022-12-29 | by ( ) www.reuters.com time to read: +2 min

[1/2] Indian skincare startup Mamaearth's products are on display for sale at a wholesale shop in Ahmedabad, India, June 22, 2022. REUTERS/Amit DaveBENGALURU, Dec 29 (Reuters) - Parent of Indian personal care products startup Mamaearth, Honasa Consumer Ltd, on Thursday filed for an initial public offering (IPO), according to draft papers submitted to the market regulator. The Sequoia- and Sofina-backed company's IPO will comprise of a fresh issue of shares worth 4 billion rupees ($48.30 million) and an offer for sale of 46.8 million shares. Reuters had reported in June that Mamaearth was in talks to raise at least $300 million for the IPO scheduled for 2023. Honasa said it would use about 1.86 billion rupees from the IPO for advertising expenses.

☆ Airbus pledges deeper industrial ties with India
▼ + stars: | 2022-12-21 | by ( ) www.reuters.com time to read: +3 min

[1/2] A Airbus A350 aircraft during a display at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter CziborraPARIS, Dec 21 (Reuters) - Airbus (AIR.PA) plans to deepen its industrial presence in India, Chief Executive Guillaume Faury said on Wednesday after meeting the country's prime minister. Faury's comments on industrial presence come as India is increasingly involved in the civil supply chain. Airbus declined to comment and Tata Group was not immediately available to comment. In October, Tata Group and Airbus said they would make the C-295 military transport aircraft in India.

☆ Indian shares set for weak open on U.S. recession fears, hawkish cenbanks
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Dec 16 (Reuters) - Indian shares are set to open lower on Friday, on recession fears in the U.S. and hawkish commentary by major central banks, following their U.S. counterpart. Adding to the woes of Indian markets could be the crude prices, which looked poised to end the week higher after projections of a demand revival. Foreign institutional investors sold 7.11 billion rupees ($85.81 million) worth of equities on a net basis on Thursday, while domestic investors bought 2.61 billion rupees of shares, as per provisional NSE data. ** Hindustan Petroleum Corporation (HPCL.NS): Co approves proposal to borrow up to 100 billion rupees in a private placement. ($1 = 82.8600 Indian rupees)Reporting by Bharath Rajeswaran in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

☆ India may split planned mega refinery to various sites -sources
▼ + stars: | 2022-12-15 | by ( Nidhi Verma | ) www.reuters.com time to read: +2 min

[1/2] A 3D printed natural gas pipeline is placed in front of displayed Saudi Aramco logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/FilesNEW DELHI, Dec 15 (Reuters) - India is considering building several refineries instead of a single mega plant planned with Saudi Aramco (2222.SE) and Abu Dhabi National Oil Company (ADNOC), due to challenges in acquiring land, three sources familiar with the matter said. Aramco and ADNOC own 25% each in the joint venture Ratnagiri Refinery & Petrochemicals Ltd (RRPCL), a company named after the region where the refinery was initially planned. "The role of Maharashtra government is crucial in acquiring the land," the source said. Another source said ADNOC and Aramco were aware of the plan for several refineries.

☆ Former UK PM Johnson has earned 1 mln pounds for speeches since quitting
▼ + stars: | 2022-12-14 | by ( ) www.reuters.com time to read: +2 min

LONDON, Dec 14 (Reuters) - Former British Prime Minister Boris Johnson has been paid more than 1 million pounds ($1.24 million) to deliver four speeches since he left Downing Street just over three months ago, official data showed on Wednesday. As a member of parliament, Johnson is required to declare external earnings, as well as the number of hours involved. Johnson's best paid work was a speech in New York to the U.S. finance firm Centerview Partners worth 277,724 pounds. In October Johnson abandoned an attempt to reclaim the job he lost just weeks earlier following his successor Liz Truss's brief tenure as prime minister. Johnson, whose verbal flamboyance has long been one of his hallmarks, was widely expected to enter the speaking circuit after leaving office.

New Delhi CNN —At the Bhalswa landfill in northwest Delhi, a steady flow of jeeps zigzag up the trash heap to dump more garbage on a pile now over 62 meters (203 feet) high. India creates more methane from landfill sites than any other country, according to GHGSat, which monitors methane via satellites. Ragpickers at the Bhalswa landfill site on April 28, 2022, in New Delhi, India. In May, CNN commissioned two accredited labs to test the ground water around the Bhalswa landfill. And according to the results, ground water within at least a 500-meter (1,600-foot) radius around the waste site is contaminated.

☆ Air India has ordered its cabin crew to dye their gray hair, report says
▼ + stars: | 2022-11-27 | by ( Hannah Williams | ) www.businessinsider.com time to read: +3 min

Air India has implemented a new set of regulations regarding the appearance of its cabin crew. Some rules focus on cabin crew hair, especially if it indicates aging. Male cabin crew members are allowed to wear wedding bands. Earlier this year, Tata Group circulated a new policy that required Air India cabin crew to undergo body mass index and weight checks before flights. Air India argued that overweight crew could be a hazard in an emergency, but the Air India cabin crew union objected citing concerns about crew members' mental health and the lack of a medical professional present at the checks, India Today previously reported.

☆ A fund manager who oversees $14 billion in equities breaks down why emerging markets offer attractive growth opportunities even during a worldwide economic slowdown — and shares his top 7 foreign stoc
▼ + stars: | 2022-11-15 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

Vontobel's Ramiz Chelat says that certain emerging markets can weather a global economic slowdown. Chelat is particularly bullish on the economies of India, Indonesia, and Brazil. While domestic investors have their hands full with potential recession, portfolio manager Ramiz Chelat believes that the best investment opportunities may be slipping away. Chelat — who manages $5 billion in emerging market equities and $9 billion in global equities at Vontobel Asset Management — is particularly bullish on the emerging economies of Brazil, India, and Indonesia. Chelat believes that all three nations are strong enough to weather any future fallouts from the Russia-Ukraine war, and may even be net beneficiaries in some cases.

☆ India's Britannia Industries shares jump after profit beat
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Nov 7 (Reuters) - Shares of India's Britannia Industries Ltd (BRIT.NS) rose as much as 10% on Monday, after the Good Day and Tiger biscuits maker reported late Friday a 28.4% jump in second-quarter consolidated net profit. The company's profit was 4.93 billion rupees ($59.97 million) for the three months ended on Sept. 30, beating analysts' expectations for a profit of 4.12 billion rupees, according to Refinitiv IBES data. Total revenue from operations rose 21.4% to 43.8 billion rupees from 36.07 billion rupees a year ago. Britannia's beat comes after peers Hindustan Unilever (HLL.NS) reported rise in profit, while Dabur India (DABU.NS) posted lower profit hit by high commodity prices. Britannia shares were the top gainer in the NSE Nifty 50 index (.NSEI).

☆ INDIA STOCKS Indian shares may open lower, tracking Asia
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +3 min

BENGALURU, Oct 25 (Reuters) - Indian shares are poised to edge lower at open on Tuesday, tracking weakness in Asian markets, with limited downside seen on the back of expectation the Federal Reserve may slow its pace of rate hikes. However, in the one-hour of trade, shares of Yes Bank Ltd (YESB.NS), ICICI BANK (ICBK.NS) and Hindustan Unilever Ltd (HLL.NS) fell between 2.8% and 3.9%. In addition, foreign institutional investors sold a net 1.54 billion Indian rupees ($18.61 million) worth of equities on Monday, while domestic investors bought net 801.2 million rupees worth of shares, as per provisional data available with the National Stock Exchange. ** Kotak Mahindra Bank (KTKM.NS) on Saturday reported a bigger-than-expected jump in net profit for the June-September quarter, lifted by strong loan growth. ** Yes Bank (YESB.NS)said on Saturday its profit fell in the July-September quarter as it set aside more provisions for bad loans recorded in previous quarters.

☆ INDIA STOCKS Indian shares top 1-month highs in special Diwali session, led by ICICI Bank
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Oct 24 (Reuters) - Indian shares scaled one-month highs in a special one-hour "muhurat" trading session to mark the festival of Diwali on Monday, lifted by sharp gains in private lender ICICI Bank following a solid earnings report. The blue-chip Nifty 50 index (.NSEI) closed 0.88% higher at 17,730.75, while the S&P BSE Sensex (.BSESN) advanced with a similar gain to 59,831.66. All sub-indexes except the Nifty FMCG index (.NIFTYFMCG) ended higher on Monday, led by a 1.28% rise in the Nifty Bank index (.NSEBANK). read moreReliance Industries (RELI.NS), India's most valuable company, ended 0.3% higher after posting flat quarterly profit, weighed down by export taxes on refined fuels and weak refining margins. read moreMeanwhile, Wall Street opened higher as Treasury yields eased on hopes of a less aggressive Federal Reserve.

Prakash Singh/AFP/Getty ImagesThe recommendation to free the men was made by an advisory panel appointed by the Gujarat government, led by Narendra Modi’s Bharatiya Janata Party (BJP). Some lawmakers and activists have petitioned the Supreme Court for the men to be rearrested. Some saw the assailants’ release as a deliberate pitch for votes from BJP supporters ahead of the Gujarat state election. The couple want the decision reversed, as do those who have filed petitions with the Supreme Court. “We strongly believe that what happened with Bilkis was wrong and the convicts should be sent back to jail,” he said.

☆ Indian billionaire Gautam Adani was a college dropout. Now he may be too big to fail
▼ + stars: | 2022-10-10 | by ( Diksha Madhok | ) edition.cnn.com time to read: +11 min

Indian billionaire Gautam Adani’s conglomerate had just launched a hostile bid to take over an influential broadcaster in the capital. Rupak De Chowdhuri/ReutersMuch of his fortune is tied up in the sprawling Adani Group, which he founded over 30 years ago. Most of the companies in the Adani empire are held closely by the billionaire, his family and associated firms, including nearly 75% stakes in AEL, Adani Power, and Adani Transmissions. Yet, the Adani Group has continued to raise billions from Indian and foreign banks. CreditSights, a research firm owned by Fitch Group, in August published a report about Adani Group titled “Deeply Overleveraged” in which it expressed strong concerns.

☆ India's Hero MotoCorp to invest $60 mln in Zero Motorcycles
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Sept 29 (Reuters) - Indian bikemaker Hero MotoCorp (HROM.NS) said on Thursday it will invest $60 million in California-based Zero Motorcycles to jointly develop electric motorcycles, as it seeks to expand presence in the green mobility space. Zero is present is a "global leader" in powertrains, Hero said in its exchange filing, adding that it will launch its first electric product under its emerging mobility brand Vida on Oct. 7. The move comes after Hero in January announced an investment of more than $56 million in electric vehicle (EV) start-up Ather Energy — India's top electric-scooter maker by revenue. Earlier this month, it partnered with state-run Hindustan Petroleum Corp (HPCL.NS) to set up EV charging infrastructure across the country. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nandan Mandayam in Bengaluru; editing by Uttaresh.VOur Standards: The Thomson Reuters Trust Principles.

☆ Indian shares set to open lower ahead of Fed rate hike decision
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Francis MascarenhasBENGALURU, Sept 21 (Reuters) - Indian shares are expected to open slightly lower on Wednesday, after two straight sessions of gains, as investors brace for a hefty rate hike from the U.S. Federal Reserve and clues on further hikes. Register now for FREE unlimited access to Reuters.com RegisterForeign investors bought a net $91.9 million worth of Indian equities on Tuesday, Refinitiv data showed. The Fed is set to announce its decision at the end of a two-day policy meeting later in the day. Rate futures traders are pricing in an 81% chance of a 75-basis-point hike and a 19% probability of a jumbo 100 bps increase. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nallur Sethuraman in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

New Delhi CNN —Movie theaters in Indian-controlled Kashmir have reopened their doors, more than two decades after they were forced shut during an armed rebellion that saw multiple threats and attacks on crowded public places. The lieutenant governor of Jammu and Kashmir, Manoj Sinha, inaugurated the disputed region’s newest cinema on Tuesday, in a ceremony marked with much hype and fanfare. The movie theater will open to the public on September 30, according to businessman, Vijay Dhar, who has partnered with Indian cinema chain Inox Leisure Ltd., to open the theater in Srinagar. In the late 1980s, a violent insurgency in Indian-controlled Kashmir claimed the lives of more than 9,000 civilians according to the Indian government, though estimates vary. Last year, the government implemented a policy aimed to promote Indian-controlled Kashmir as a popular filming destination.

The Indian government last year gave a $6 billion contract to state-owned Hindustan Aeronautics Ltd (HIAE.NS) for 83 of the locally produced Tejas jets for delivery starting around 2023 - four decades after it was first approved in 1983. Prime Minister Narendra Modi's government, keen to reduce India's reliance on foreign defence equipment, has also been making diplomatic efforts to export the jets. Britain said in April it would support India’s goal of building its own fighter jets. India currently has a mix of Russian, British and French fighter jets. read moreIndia is looking to ground all its Soviet-era Russian fighter jets, the MiG-21, by 2025, following a number of fatal crashes, the Times of India daily reported last month.

☆ India: Căsătorie în avion pentru a evita restricţiile anti-COVID-19 (VIDEO)
▼ + stars: | 2021-05-25 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Un cuplu indian a închiriat un avion pentru a se căsători printre nori în faţa a 161 de invitaţi, încălcând astfel restricţiile anti-COVID-19, a informat presa luni, potrivit AFP, citat de agerpres.ro. Autoritatea de aviaţie civilă din India a dispus o anchetă şi a suspendat echipajul aeronavei, au precizat surse oficiale. Majoritatea statelor din India - care a depăşit luni pragul de 300.000 de decese asociate COVID-19 - permit un număr maxim de 50 de invitaţi la o nuntă. Potrivit presei, Direcţia Generală a Aviaţiei Civile a cerut SpiceJet să ia măsuri împotriva proaspeţilor miri şi a invitaţilor acestora. "În pofida solicitărilor şi atenţionărilor repetate, pasagerii nu au respectat directivele, iar compania va lua măsurile corespunzătoare în conformitate cu regulile", a adăugat el.

Persons: îşi Organizations: SpiceJet Locations: India, Bangalore, Tamil Nadu

☆ Cum s-a umplut de cadavre fluviul sacru al Indiei: În spatele imaginilor șocante sunt tradiția, sărăcia și COVID-ul
▼ + stars: | 2021-05-20 | by ( ) www.jurnal.md time to read: +6 min

Sursa foto: Profimedia ImagesCum s-a umplut de cadavre fluviul sacru al Indiei: În spatele imaginilor șocante sunt tradiția, sărăcia și COVID-ulCel mai sfânt fluviu din India, Gange, s-a umplut de cadavre în ultimele zile. În ultimele săptămâni, India a fost copleșită de cel de-al doilea val devastator al pandemiei de coronavirus. Înmormântări între orele 07:00 și 23:00Descoperirea mormintelor și a cadavrelor putrezite și teama că ar putea fi infectate cu coronavirus au trimis valuri de șoc în satele de pe malurile fluviului. La Kannauj, Jagmohan Tiwari, un sătean de 63 de ani, a spus că a văzut „150-200 morminte” pe malul fluviului. Miercurea trecută, guvernul de stat a interzis „Jal Pravah” și a oferit fonduri familiilor sărace, care nu-și permit incinerările.

Persons: Neeraj Kumar Singh, Kanpur, Hindușii, Singh Organizations: BBC Locations: Indiei, India, Gange, Uttar Pradesh, Bihar, Buxar, Ghazipur, Kannauj, Kanpur, Himalaya

☆ Stimulentele primite în diverse țări de persoanele vaccinate: Ouă, bijuterii, blendere și marijuana
▼ + stars: | 2021-04-14 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

Pentru a învinge reticența oamenilor și pentru a-i convinge să își facă vaccinul COVID, unele țări oferă tot felul de stimulente. În alte colțuri ale Indiei, magazinele oferă mâncare, reduceri pentru reparația mașinilor, obiecte de papetărie, dulciuri și mâncare de pui. Rușii au primit și ei înghețată, în vreme ce israelienii au primit Coca-Cola, bere alcoolică și fără alcool, pizza sau diverse produse de patiserie. În Dubai, trei restaurante au oferit o reducere de 10% a notei pentru prima doză și 20% pentru a doua, scrie Fortune. Așa că persoanele care refuză să se vaccineze riscă amenzi și reduceri ale beneficiilor sociale, scrie Reuters.

Persons: Elisabeth Malkin Organizations: South China Morning Post, Washington Post, Times, Rușii, Coca - Cola, Forbes, Red, Mexico Locations: India, China, Emiratele Arabe Unite, SUA, indian, Beijing, South China, Rajkot, Indiei, Delhi, Dubai, Taro, Japonia, Asia, Mexic, Mexico City, indoneziene

☆ 20 delicious reasons to visit Pakistan
▼ + stars: | 2019-10-15 | by ( Halima Ali | ) edition.cnn.com time to read: +9 min

Nabeel Ahmed/iStockphoto/Getty ImagesThese easy-to-make crispy, fried fritters are a classic finger food served as a starter or a side dish. MEAT DISHESBiryaniThis rice dish is often served on special occasions. Mint/Hindustan Times/Hindustan Times via Getty ImagesThought to have developed in the royal kitchens of the 16th-19th century Mughal Empire, this rice dish is often served on special occasions. The meat and rice are cooked separately before being layered and cooked together with an assortment of spices. ShutterstockKeer is another dessert eaten at weddings or on celebratory occasions such as Eid al Fitr, the end of the Muslim fasting month of Ramadan.

Persons: it’s, Pakoras, Nabeel Ahmed, Shutterstock, Paya Paya, Nihari, Stuart Freedman, –, Eid, Fitr, It’s Organizations: CNN, Hindustan Times, Getty, . Portland Press Herald, Portland Press Herald, Press, Corbis Locations: China, Afghanistan, Iran, India, Pakistan, Pakistani, Punjab province, Shutterstock

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