Forex flows to help India tackle CAD challenges

Mumbai: Fund flows into India, billed as the world’s fastest-expanding major economy, should help New Delhi weather the challenges posed by a widening current account deficit (CAD), Reserve Bank of India (RBI) Governor Shaktikanta Das said. In the external sector, slowing global demand is weighing on merchandise exports. “At the same time, the impact of…Continue Reading

Consumer MNCs plan to go big on India next year

Amid global demand headwinds and layoffs, nearly a dozen multinationals including Nestle, PepsiCo, Pernod Ricard, Mars-Wrigley, Coca-Cola, Mondelez, L’Oreal and Anheuser-Busch InBev are doubling down on India with higher investment, increased spending and selective hiring in their annual operating plans for 2023, having identified it as among the few markets that are growing. “Economic growth…Continue Reading

Ranbir Kapoor On His “Disaster” Films, India’s Struggling Box Office & His Desire To Direct — Red Sea Film Festival

An unwieldy crowd rushed the stage and frequently broke out in song as Bollywood star Ranbir Kapoor discussed his life and career during one of the final ‘In Conversation’ sessions at the Red Sea Film Festival Wednesday. The packed crowd, which comprised local and international Bollywood superfans, commandeered the keynote session from festival organizers and…Continue Reading

NDP trade minister switch signals alignment with federal strategy to emphasize India

Jagrup Brar was originally an NDP MLA from 2004 to 2013, ran unsuccessfully for party president in 2013 and made a comeback in Surrey-Fleetwood in 2017 | Photo: Jagrup Brar via FacebookTen days after the federal government announced its new Indo-Pacific foreign policy in Vancouver, a new provincial minister of state for trade was sworn-in…Continue Reading

Lightning kills 907 in India as extreme weather surges in 2022

[1/2] A policeman jumps off a makeshift raft after wading through a flooded area of a slum on the banks of the river Yamuna in New Delhi, India, September 28, 2022. REUTERS/Anushree Fadnavis/File PhotoNEW DELHI, Dec 7 (Reuters) – India saw a big jump in extreme weather events such as heatwaves and lightning strikes this year…Continue Reading

All India Kisan Cong to protest on Dec 9 on farmers issue, seek resolution

The All India Kisan Congress will hold a day-long protest at Jantar Mantar in the national capital on December 9 over demand of the long-pending issues of farmers including making minimum support price (MSP) a legal right, during the Winter Session of Parliament. Making an announcement in this regard, Chairman of All India Kisan Congress…Continue Reading

Ukraine, Russia have to return to path of diplomacy, dialogue: India

India’s Permanent Representative to the UN Ruchira Kamboj India has consistently called for an immediate cessation of hostilities and has urged Ukraine and Russia to return to the path of diplomacy and dialogue, India’s Permanent Representative to the UN, Ruchira Kamboj said. While addressing the UN Security Council meeting on Ukraine: Protection of civilians and…Continue Reading