November 16, 20240 Comments

India families still waiting for compensation

Afreen Fatima Politician Javed Mohammad’s house was demolished in 2022 “You can be homesick at home, you know?” That’s how Afreen Fatima, an activist from the northern Indian city of Prayagraj, finds herself feeling, every now and then. In the summer of 2022, Ms Fatima’s childhood home – a yellow-brick two-storeyed house in the bustling depths of the city – was torn down by authorities overnight. The house was demolished

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November 16, 20240 Comments

Ten newborns killed in hospital fire in northern India

At least 10 newborns have died in a fire at a hospital in northern India after a blaze broke out in the neonatal ward. Staff at the hospital in the town of Jhansi in Uttar Pradesh state were able to break in and rescue 44 infants, but at least 16 are in a critical condition, authorities said. The blaze on Friday night at Maharani Laxmi Bai Medical College Hospital is

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November 11, 20240 Comments

Investors see safety in India as Trump win casts shadow on emerging markets By Reuters

By Jaspreet Kalra MUMBAI (Reuters) – Global investors are likely to find relative safety in India’s financial markets from the spillover of Donald Trump’s economic policies, including from any protectionist trade policies that could spark emerging market volatility. Trump’s decisive election victory last week and his impending return to the White House next month has raised significant uncertainty for investors. However, India’s strong economic growth, limited exposure to Chinese and

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November 11, 20240 Comments

India to summon Amazon, Flipkart executives as regulatory scrutiny grows, source says By Reuters

By Nikunj Ohri and Aditya Kalra NEW DELHI (Reuters) – India’s financial crime agency will summon Flipkart and Amazon (NASDAQ:) executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms’ sellers, a senior government source said. The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India’s $70 billion e-commerce

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November 9, 20240 Comments

How will the next Trump administration impact India?

India’s Prime Minister Narendra Modi shakes hands with former U.S. President Donald Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. Mandel Ngan | Afp | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can

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