Fitch upgrades India outlook to stable from negative

The Hindu

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Jun 10 22

Fitch upgrades India outlook to stable from negative: Pares 2022-23 growth to 7.8%, expects inflation to average 6.9%

thehindu.com/business/Economy/fitch-upgrades-india-outlook-to-stable-from-negative/article65513609.ece

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Reuters

A

Jun 10 22

Fitch raises India outlook to 'stable', maintains rating: Fitch Ratings raised its outlook for India's long-term foreign currency Issuer Default Rating (IDR) to ...

reuters.com/markets/rates-bonds/fitch-revises-india-outlook-stable-2022-06-10/

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Deccan Herald

C

Jun 10 22

Fitch revises India rating outlook to 'stable' from 'negative': Fitch Ratings on Friday said it has revised the outlook on India's sovereign rating to stable ...

deccanherald.com/business/business-news/fitch-revises-india-rating-outlook-to-stable-from-negative-1116936.html

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Business Standard

B

Mar 11

Tata Group shares slip by 12% amid talks of Tata Sons trying to avoid IPO: Shares of Tata Group companies are down up to 12 per cent on profit booking on the BSE ...

business-standard.com/markets/news/tata-group-shares-slip-by-12-amid-talks-of-tata-sons-trying-to-avoid-ipo-124031100154_1.html

0

Mar 14

India’s economy during FY25 will expand by 7 percent: Fitch Ratings: The rating agency expects a 50 bps interest rate cut by the Reserve Bank of India (RBI) from ...

indianexpress.com/article/business/economy/fitch-ratings-india-economy-gdp-forecast-fy25-rbi-rate-cut-9213620/

0 similar articles

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Business Standard

B

Jan 16

Fitch affirms India's long-term FX rating at 'BBB-' with stable outlook: 'India is poised to remain one of the fastest-growing countries globally in the next few ...

business-standard.com/economy/news/fitch-affirms-india-s-long-term-fx-rating-at-bbb-with-stable-outlook-124011601021_1.html

0

Financial Times

A-

Apr 25

AI could kill off most call centres, says Tata Consultancy Services head: Chatbots will soon take over much of the work of human agents, forecasts chief of ...

ft.com/content/149681f0-ea71-42b0-b85b-86073354fb73

Quick Glance: AI Revolutionizing Call Centers: TCS Insights

The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.

TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.

Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.

Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.

207

Apr 23

India Elections: Modi’s BJP Faces Tough Challenge in Coaching Capital Kota: Each day, Bloomberg journalists take you across a selection of towns and cities as ...

bloomberg.com/news/articles/2024-04-23/india-elections-modi-s-bjp-faces-tough-challenge-in-coaching-capital-kota

12

Apr 23

How the Cultures of Trinidad Transformed an Islamic Festival: Indentured Indian workers brought the Shiite ritual of Muharram from overseas ...

newlinesmag.com/essays/how-the-cultures-of-trinidad-transformed-an-islamic-festival/

10

Apr 25

Dommaraju Gukesh Wins The Candidates’ Tournament: Dommaraju Gukesh, a 17-year-old grandmaster from India, is the youngest player ever to win the Candidates ...

nytimes.com/2024/04/24/crosswords/chess/gukesh-candidates-winner.html

257

7h

Eveready Q4 results: Profit rises to Rs 8 cr, revenue dips to Rs 281 crore: Eveready Industries India announced a fourth-quarter profit of Rs 8 crore for the ...

business-standard.com/companies/results/eveready-q4-results-profit-rises-to-rs-8-cr-revenue-dips-to-rs-281-crore-124042601248_1.html

4

1h

Lok Sabha polls: Nearly 61% turnout recorded in second phase of elections: Nearly 61 per cent polling was reported in the second phase of Lok Sabha elections ...

business-standard.com/elections/lok-sabha-election/lok-sabha-polls-nearly-61-turnout-recorded-in-second-phase-of-elections-124042601308_1.html

2

2h

Boeing Credit Outlook Gets Gloomier as Fitch Also Turns Negative: Fitch Ratings became the third major credit grader to turn pessimistic on Boeing Co ...

bloomberg.com/news/articles/2024-04-26/boeing-credit-outlook-gets-gloomier-as-fitch-also-turns-negative

7

Apr 24

Italy’s Superbonus-Stoked Debt Draws Fitch’s Attention: Italy’s return to a trajectory of rising debt risks complicating the task of managing the euro zone’s ...

bloomberg.com/news/articles/2024-04-24/italy-s-superbonus-stoked-debt-path-draws-fitch-s-attention

12

Apr 24

Here's what happened when India banned TikTok: The hugely popular Chinese app TikTok may be forced out of the U.S., where a measure to outlaw the video-sharing ...

apnews.com/article/india-tiktok-ban-us-china-9ae5223bce78c56e5d22a1f2e86510f0

Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim

ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.

Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.

ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.

As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.

111

Apr 20

Solar energy: The largest power plant in the world is being built here: A solar power plant is being built in India and a wind power plant that will be as big as ...

wiwo.de/technologie/wirtschaft-von-oben/wirtschaft-von-oben-258-solarenergie-hier-entsteht-das-groesste-kraftwerk-der-welt/29757460.html

565

Apr 19

A Guide to India’s Six-Week Election That Will Test Modi’s Power: Almost a billion people will head to the polls in the world’s largest democracy ...

bloomberg.com/news/features/2024-04-18/a-guide-to-india-s-six-week-election-that-will-test-modi-s-power

16

Apr 24

India's Axis Bank beats Q4 profit estimates on strong loan, NII growth: India's Axis Bank reported fourth-quarter profit above estimates on Wednesday ...

reuters.com/world/india/indias-axis-bank-beats-q4-profit-view-strong-loan-nii-growth-2024-04-24/

Quick Glance: RBI restricts Kotak Bank from online customer onboarding, issuing new credit cards

The RBI directed Kotak Mahindra Bank to halt onboarding new customers through online and mobile banking channels and suspend issuing new credit cards immediately.

Significant deficiencies and non-compliances in the bank's IT risk management and information security governance for 2022 and 2023 were highlighted by the RBI.

The bank was found to be materially deficient in operational resilience and was instructed to enhance its IT systems to protect customers and the financial ecosystem.

Historically, the RBI has enforced similar measures on other banks to ensure regulatory compliance, such as suspending customer onboarding and new credit card issuance.

21

Apr 24

Unemployment biggest worry in India, world's fastest growing economy: Reuters poll

reuters.com/world/india/unemployment-biggest-worry-india-worlds-fastest-growing-economy-2024-04-24/

36

22h

South Korea's public finances no longer a credit rating 'strength', Fitch says: South Korea's public finances are no longer a strength for its sovereign credit ...

reuters.com/markets/asia/south-koreas-public-finances-no-longer-credit-rating-strength-fitch-says-2024-04-26/

20

18h

Water shortages, traffic aggravate India's Bengaluru as it votes: Dire water shortages, flooding, gridlocked roads and poor civic facilities have become major ...

17

Apr 25

EC notice to BJP, Congress chiefs over complaints against Modi, Rahul: EC action on party heads: Congress claimed EC is 'super, super cautious' when it comes to ...

business-standard.com/elections/lok-sabha-election/ec-notice-to-bjp-congress-chiefs-over-complaints-against-modi-rahul-124042501288_1.html

6

Apr 25

How strong is India’s economy?: It isn’t the next China, but it could still transform itself and the world

economist.com/leaders/2024/04/25/how-strong-is-indias-economy

165

Apr 25

Tech companies plug into India's smaller cities for talent: Indian engineer B. Ramachandran now prefers living in the smaller cities than the major tech hubs of ...

reuters.com/world/india/tech-companies-plug-into-indias-smaller-cities-talent-2024-04-25/

28

Apr 22

2,200 citizens write to Election Commission seeking action against PM Narendra Modi for hate speech

scroll.in/latest/1066924/2200-citizens-write-to-election-commission-seeking-action-against-pm-narendra-modi-for-hate-speech

Quick Glance: India's Modi Attacks Pro-Muslim Rivals in Election Shift

Indian Prime Minister Narendra Modi and his Hindu nationalist party have begun attacking opposition rivals, claiming they favor minority Muslims, in an effort to energize their hardline base after the start of general elections last week.

Modi referred to Muslims as 'infiltrators' who have 'more children', linking it to an alleged election plan by the main opposition Congress party to redistribute Hindu wealth among Muslims, a claim denied by the Congress.

Modi's government has faced accusations of discrimination against India's 200 million Muslims, but has denied them, emphasizing its work for the welfare of all citizens.

Modi initially focused on development, welfare, and national pride in his campaign, but shifted focus back to core voters after the first phase, addressing issues of joblessness and rural distress.

44

Apr 20

Amara Raja Infra bags 500 MW solar project from Greenko in Andhra Pradesh: Amara Raja Infra Pvt Ltd on Friday said it has secured a 700 MWp solar project from ...

business-standard.com/companies/news/amara-raja-infra-bags-500-mw-solar-project-from-greenko-in-andhra-pradesh-124041901091_1.html

20

Apr 25

What is Bha: The new shoe sizing system proposed specifically for Indians: New shoe sizing system: 'Bha', short for Bharat, stems from a study which found that ...

business-standard.com/india-news/what-is-bha-the-new-shoe-sizing-system-proposed-specifically-for-indians-124042501098_1.html

4

Apr 23

Indian shares set to track global markets higher; Reliance, Adani in focus: Indian shares are set to open higher on Tuesday, tracking a rebound in global markets ...

reuters.com/world/india/indian-shares-set-track-global-markets-higher-reliance-adani-focus-2024-04-23/

Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations

World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.

Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.

As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.

While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.

27

Apr 23

US rights report on India cites abuses in Manipur, harassment of media and minorities

34

Apr 23

Spice Board of India tells Everest, MDH to give details of quality checks: The companies' products are hugely popular in India and are exported to countries in ...

business-standard.com/companies/news/spice-board-of-india-tells-everest-mdh-to-give-details-of-quality-checks-124042300485_1.html

Quick Glance: FSSAI Testing Spice Samples After Hong Kong, Singapore Product Recalls

Following the discovery of ethylene oxide in products from Everest and MDH in Hong Kong and Singapore, the Food Safety and Standards Authority of India has initiated the collection of samples of powdered spices from all brands across the country to assess their quality.

An unidentified official mentioned that India's food safety regulator has commenced sampling spices from all brands, including MDH and Everest, to ensure compliance with quality standards.

The official also highlighted that India's Food Safety and Standards Authority, operating under the Ministry of Health and Family Welfare, does not monitor the quality of spices exported from the country.

According to Maharashtra Food Assistant Commissioner Ulhas Ingwale, the authority received reports of pesticide residue in specific flavors of MDH and Everest, prompting considerations for sampling and pesticide testing.

2

Apr 25

Nestle India Q4 results: Net profit up 27% at Rs 934 crore, revenue up 9%: Nestle India Q4FY24 financial results: Company announces a dividend of Rs 8 ...

business-standard.com/companies/results/nestle-india-q4-results-net-profit-up-27-at-rs-934-crore-beats-estimates-124042500476_1.html

2

Apr 23

Vodafone’s India unit staves off collapse after record $2.2bn fundraising: Country’s largest share sale draws investors including GQG Partners and Fidelity

ft.com/content/be396f5f-8ae3-4717-b42b-73385afdce91

Quick Glance: Vodafone’s Survival in India Secured by Record Fundraising

Vodafone's Indian business raised $2.2 billion through an equity issue to avoid collapsing under a debt burden.

Investors like GQG Partners and Fidelity participated in India's largest ever follow-on share sale.

The 2018 merger failed to turn the business around, but with government support and new equity, a potential rescue is on the horizon.

Despite planning to raise about Rs450 billion in equity and debt, doubts persist over whether this will be sufficient to secure the company's future.

38

Apr 25

India dismisses US human rights report as 'deeply biased': New Delhi said on Thursday it does not attach any value to a U.S. State Department report critical of ...

reuters.com/world/india/india-says-us-human-rights-report-deeply-biased-2024-04-25/

21

Apr 23

China develops superfast, stealthy submarine technology : Scientists developing China’s next-generation nuclear submarine technology say they have found a way to ...

wionews.com/videos/china-develops-superfast-stealthy-submarine-technology-714029

57

Apr 23

Jamie Dimon cautions over soft landing for ‘unbelievable’ US economy: JPMorgan Chase chief says in interview that he’d ‘love to be president ...

ft.com/content/8ab4520e-691a-4ff7-9c51-e59a9c0d742c

Quick Glance: JPMorgan CEO Dimon Praises US Economy

Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.

Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.

However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.

Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.

27

Apr 20

Everest Fish Curry Masala recalled in Singapore for pesticide concerns: Following a Hong Kong alert, Singapore has recalled Everest's fish curry masala due to ...

business-standard.com/india-news/everest-fish-curry-masala-recalled-in-singapore-for-pesticide-concerns-124042000435_1.html

7

Apr 25

Electric car Tesla may set up manufacturing plants in India, Mexico in 2025: Elon Musk pointed out in Tuesday's earnings call that Tesla expects a 50 per cent ...

business-standard.com/industry/auto/electric-car-tesla-may-set-up-manufacturing-plants-in-india-mexico-in-2025-124042401109_1.html

1 similar article

1

2

Khaleej Times 10h

Indian heart beats inside Pakistani woman: 19-year-old from Karachi undergoes heart transplant in Chennai - News | Khaleej Times

khaleejtimes.com/world/asia/indian-heart-beats-inside-pakistani-woman-19-year-old-from-karachi-undergoes-heart-transplant-in-ch

Quick Glance: Transcending Borders: Successful Heart Transplant

A 19-year-old patient from Karachi, Pakistan, Ayesha Rashid, underwent a successful heart transplant in Chennai, India.

Dr. KR Balakrishnan, Chairman of the Institute of Heart and Lung Transplant and Mechanical Circulatory Support, highlighted the financial challenges Ayesha faced.

On January 31, 2024, a heart was transported from Delhi to Chennai to enable Ayesha's life-saving transplant surgery.

Ayesha Rashid, who aspires to be a fashion designer in the future, expressed her gratitude to the Indian government and her doctors, stating her desire to return to India in the future.

96

Apr 18

Fossils of colossal snake Vasuki unearthed in India mine: Fossil vertebrae unearthed in a lignite mine are the remains of one of the largest snakes that ever ...

reuters.com/science/fossils-colossal-snake-vasuki-unearthed-india-mine-2024-04-18/

262

Apr 24

Ambani's JioCinema cuts subscription prices as India's streaming war heats up: JioCinema, the streaming platform run by India's Reliance Industries ...

reuters.com/business/media-telecom/ambanis-jiocinema-cuts-subscription-prices-indias-streaming-war-heats-up-2024-04-24/

17

Apr 19

Iran says 'no missile attack for now' amid reports of attack by Israel

wionews.com/world/explosion-reported-near-irans-isfahan-city-amid-fears-of-escalation-of-conflict-with-israel-712759

55

8h

PE firm Advent to invest $297 mln in India's Apollo Hospitals unit

11

Apr 25

KPI Green Energy Q4 results: Net profit rise 36% to Rs 43.04 crore: KPI Green Energy on Thursday posted nearly 36 per cent rise in consolidated net profit to Rs ...

business-standard.com/companies/news/kpi-green-energy-q4-results-net-profit-rise-36-to-rs-43-04-crore-124042501002_1.html

4

Apr 25

India's poll panel seeks responses to complaints against Modi, Rahul Gandhi: India's Election Commission said on Thursday it has sought responses from the ruling ...

reuters.com/world/india/indias-poll-panel-seeks-responses-complaints-against-modi-rahul-gandhi-2024-04-25/

17

Apr 22

India's Reliance Jio says Q4 profit rises 13.2%: India's Reliance Jio Infocomm, the telecom business of Reliance Industries , reported a 13 ...

reuters.com/world/india/indias-reliance-jio-says-q4-profit-rises-132-2024-04-22/

32

Apr 25

India's FirstCry set to withdraw $500 mln IPO papers after regulatory scrutiny: Indian retailer FirstCry is set to withdraw its papers for an up to $500 million ...

reuters.com/world/india/indias-firstcry-set-withdraw-500-mln-ipo-papers-after-regulatory-scrutiny-2024-04-25/

16

Apr 22

Vodafone Idea fetches bids worth $10.6 bln in India's largest-ever follow-on share sale

32

Apr 24

Pharma exports rise around 10% to $27.9 billion, US biggest importer: The country's drugs and pharmaceuticals exports increased 9.67 per cent year-on-year to USD ...

business-standard.com/industry/news/pharma-exports-rise-around-10-to-27-9-billion-us-biggest-importer-124042400568_1.html

3

Apr 22

Deepfakes of Bollywood stars spark worries of AI meddling in India election: In fake videos that have gone viral online, two of India's A-lister Bollywood actors ...

51

13h

Generative AI could soon decimate the call center industry, says CEO: The grim prediction comes from K Krithivasan, head of Indian IT giant Tata Consultancy ...

techspot.com/news/102749-generative-ai-could-soon-decimate-call-center-industry.html

26

Apr 23

Why Narendra Modi Called India’s Muslims ‘Infiltrators’: The brazenness of Prime Minister Narendra Modi’s vilification of India’s largest minority group made ...

nytimes.com/2024/04/23/world/asia/india-modi-muslims.html

111

Apr 19

Archer Aviation aims to start electric air taxi trials in India next year: Archer Aviation , backed by Stellantis and Boeing , aims to begin trials of its ...

reuters.com/business/aerospace-defense/archer-aviation-aims-start-electric-air-taxi-trials-india-next-year-2024-04-19/

Quick Glance: Archer Aviation Plans to Start Electric Air Taxi Trials in India Next Year

Archer Aviation, backed by Stellantis and Boeing, aims to begin trials of its electric air taxi in India next year, ahead of a planned commercial launch in 2026.

The company is working with India's aviation watchdog to get the necessary regulatory approvals for trials in the country.

Archer and InterGlobe will, in a joint venture, own and operate 200 of the 'Midnight' aircraft, providing services in India's capital New Delhi, and Mumbai and Bengaluru cities.

The electric aircraft can carry four passengers and a pilot for up to 100 miles, covering the same distance in 7 minutes that would take 60-90 minutes by car in New Delhi.

51

Apr 22

Indian refiners may need a rethink amid shrinking Russian crude discounts: Even after reduction, discounts on Russian crude oil may be contributing $1.5 to $2 ...

business-standard.com/economy/news/indian-refiners-may-need-a-rethink-amid-shrinking-russian-crude-discounts-124042100384_1.html

1 similar article

2

Reuters

A

Apr 21

India election: Modi’s popularity, Hindu pride and global status: Voting is underway in India’s election, the world’s biggest. From the icy Himalayas to humid ...

reuters.com/podcasts/india-election-modis-popularity-hindu-pride-global-status-2024-04-20/

48

Apr 25

India's IndiGo places first-ever widebody order for 30 Airbus A350 jets: IndiGo, India's top airline by market share, placed an order with Airbus for 30 A350-900 ...

reuters.com/business/aerospace-defense/indias-indigo-places-order-30-airbus-widebody-aircraft-2024-04-25/

66

Apr 24

Made in India: DRDO develops lightest bulletproof jacket against highest threat level

wionews.com/india-news/made-in-india-drdo-develops-lightest-bulletproof-jacket-against-highest-threat-level-714419

30

Apr 25

This Shapoorji Pallonji Group stock has zoomed 57% in 4 days: Forbes & Company stock update: The stock was locked at the 20% upper circuit in intra-day deals on ...

business-standard.com/markets/news/this-shapoorji-pallonji-group-stock-has-zoomed-57-in-4-days-124042500218_1.html

2

Apr 20

Tesla's Elon Musk postpones India trip, sources say: Tesla chief Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra ...

reuters.com/world/india/teslas-elon-musk-postpones-india-trip-sources-say-2024-04-20/

Quick Glance: Elon Musk Postpones India Trip, Sources Say

Tesla's CEO Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, according to three people familiar with the matter.

Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory in India, following the government's policy of lowering high tariffs on imported cars if companies invest locally.

His planned Sunday arrival was set to follow two days after the start of India's national elections, where Modi is projected to secure a rare third term.

Reasons for the trip postponement were not immediately disclosed, and neither Tesla nor Modi's office responded promptly to requests for comments.

54

Apr 24

Congress promised Sharia law in India in its poll manifesto: Yogi Adityanath: Uttar Pradesh CM Yogi Adityanath accuses Congress of planning to implement Sharia ...

thehindu.com/elections/lok-sabha/congress-promised-sharia-law-in-india-in-its-poll-manifesto-yogi-adityanath/article68099142.ece

114

Apr 22

India's Congress seeks action against Modi for comments about Muslims: India's main opposition Congress party petitioned the Election Commission on Monday to act ...

reuters.com/world/india/indias-congress-seeks-action-against-modi-comments-about-muslims-2024-04-22/

22

14h

Sanjay Manjrekar drops Virat Kohli, picks Krunal Pandya for India's T20 World Cup squad

wionews.com/cricket/sanjay-manjrekar-drops-virat-kohli-picks-krunal-pandya-for-indias-t20-world-cup-squad-715257

9

11h

India receives oil cargo in Russian SCF tanker after brief halt, sources say: A ship controlled by U.S.-sanctioned Russian shipping giant Sovcomflot (SCF) ...

reuters.com/markets/commodities/india-receives-oil-cargo-russian-scf-tanker-after-brief-halt-sources-say-2024-04-26/

13

Apr 22

Japan and India to be next AI hotspots: Vinod Khosla: PALO ALTO, California -- Artificial intelligence innovations are diverse, and related business ...

asia.nikkei.com/Business/Technology/Japan-and-India-to-be-next-AI-hotspots-Vinod-Khosla

38

Apr 25

Joya Chatterji’s ‘Shadows at Noon’ wins best history book at the 2023 Los Angeles Times Book Awards

scroll.in/article/1067050/joya-chatterjis-shadows-at-noon-wins-best-history-book-at-the-2023-los-angeles-times-book-awards

21

Apr 24

Nifty swings above 20-DEMA; check key support, resistance levels here: Nifty50 outlook: Downward gap zone of 22,503 and 22,427 is expected to remain resistance ...

business-standard.com/markets/news/nifty-swings-above-20-dema-check-key-support-resistance-levels-here-124042400097_1.html

2

Apr 24

What to read about India’s economy: Can it emulate China’s past manufacturing success—and should it even try?

economist.com/the-economist-reads/2024/04/22/what-to-read-about-indias-economy

0 similar articles

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7 10

Insider (news website)

B-

Apr 20

Elon Musk cancels trip to India over 'heavy Tesla obligations': Elon Musk shared the announcement in an X post on Saturday, just three days before Tesla's Q1 ...

businessinsider.com/elon-musk-cancels-trip-to-india-tesla-layoffs-struggles-2024-4

Quick Glance: Elon Musk postpones India trip due to Tesla issues

Elon Musk has delayed his planned trip to India due to Tesla facing challenges.

The Tesla CEO was set to travel to India next week to meet with Prime Minister Narendra Modi.

While not revealing many specifics about the trip, Musk reportedly intends to announce an investment of $2 to $3 billion in India. He aims to establish a new factory in India, where the electric vehicle market is small but growing.

Musk's decision to delay the trip coincides with Tesla's earnings release on April 23, where Musk and investors will address the company's tumultuous start to 2024.

301

4h

Q4 results: Demand for SUVs drives Maruti Suzuki earnings rises 47%: The firm's consolidated annual net profits for 2023-24 surged to Rs 13,488.2 crore ...

business-standard.com/companies/results/maruti-suzuki-q4-results-net-profit-jumps-47-to-rs-3-952-3-crore-124042601360_1.html

1

Apr 18

India Elections: National Pride, Hindutva Top Economic Pain, May Help Modi Win: What India’s voters want.

bloomberg.com/news/newsletters/2024-04-18/india-elections-national-pride-hindutva-top-economic-pain-may-help-modi-win

10

Apr 23

Govt plans to boost exports of 20 'high-potential' agricultural products: India agricultural exports boost: India's share is about 2.5 per cent in global exports ...

business-standard.com/economy/news/govt-plans-to-boost-exports-of-20-high-potential-agricultural-products-124042300928_1.html

2

Apr 23

India's positive demand trends fuel flash composite PMI to 62.2 in April: The index measuring the month-on-month change in the combined output of India's ...

business-standard.com/economy/news/india-s-positive-demand-trends-fuel-flash-composite-pmi-to-62-2-in-april-124042300798_1.html

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Apr 24

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Quick Glance: Google terminates 28 employees after office occupation due to anti-Israel protests

Google terminated 28 employees on Thursday who had occupied its offices to protest against contracts with the Israeli government, as confirmed by a Google spokesperson.

The protesters were arrested and after refusing to leave the office of Google Cloud CEO Thomas Kurian in Sunnyvale or the workspace in New York City for nearly 10 hours, they were transferred to administrative positions to urge Google to terminate the Project Nimbus contract and cease business with the Israeli government.

No Tech For Apartheid, a project by Jewish Voice for Peace and Linda Sarsour’s MPower Change, described the terminations as an "indiscriminate act of mass retaliation."

The office occupations at Google were accompanied by demonstrations on-site and in Seattle, aiming to compel Google to withdraw from the project to establish cloud-based data centers and transition a significant portion of the Israeli government's IT infrastructure to cloud-based servers.

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Last Updated	Jun 11 22
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Fitch raises India outlook to ‘stable’, retains rating: