india
Washington (AFP) - The United States offered rare criticism of close partner India in a report published Wednesday on religious freedom, while also voicing alarm over rising bigotry worldwide against both Jews and Muslims. Secretary of State Antony Blinken unveiled the annual report and said that the United States was also facing its own sharp increase of both anti-Semitism and Islamophobia in connection to the Gaza war. "In India, we see a concerning increase in anti-conversion laws, hate speech, demolitions of homes and places of worship for members of minority faith communities," Blinken sa...
AFP
Foxconn has been systematically denying jobs to married women at its India iPhone assembly plant on grounds that increased burden of family responsibilities after marriage and childbirth “increases risk factors” of hiring them, a Reuters investigation has found. The news agency was also informed by hiring agents and Foxconn HR sources that jewellery worn by married Hindu women also interferes with production. More than 35,000 people are employed at Foxconn’s iPhone assembly plant in Sriperumbudur, near the city of Chennai in the southern Indian state of Tamil Nadu. Why the exclusion of married...
Invezz
By Sean GLEESON avec Aishwarya KUMAR à Bangalore New Delhi (AFP) - Un temps qualifié de "costume vide", Rahul Gandhi a été nommé mardi chef de l'opposition parlementaire après avoir défié les attentes aux dernières législatives indiennes. Il aura la lourde tâche de relever un parti convalescent après une décennie d'échecs électoraux. Issu d'une dynastie qui a dominé la politique indienne pendant près de sept décennies, Rahul Gandhi a déjoué les pronostics en permettant à son parti, le Congrès, de presque doubler le nombre de ses représentants au Parlement, son meilleur résultat depuis dix ans....
AFP (Français)
India and China emerged as the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in May. Traders and data from LSEG indicated a significant increase in these exports, reflecting shifts in global trade patterns following the European Union’s embargo on Russian oil products. Surge in Russian fuel oil and VGO exports Russian fuel oil and VGO seaborne exports saw a notable rise of 12% from April, reaching approximately 4 million metric tons in May. This increase was partly due to the completion of seasonal maintenance, which allowed for higher production and export vol...
Invezz
India’s worsening water shortage crisis can adversely impact the nation’s credit health while sparking social unrest and exacerbating the volatility in its economic growth, rating agency Moody’s Ratings said in a report on Tuesday. Further, decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers, it said. The report comes at a time many of India’s urban centers are battling acute water shortage...
Invezz
The incredible market run of American chipmaker Nvidia, being seen as the face of the artificial intelligence boom has also captured the imagination of Indian investors and market experts. Nvidia became the world’s most valuable company after its share price climbed to an all-time high on Tuesday taking its market capitalisation to $3.34 trillion, making it more valuable than fellow tech giant Microsoft after it had already overtaken Apple earlier this month. However, by Friday, it had slipped back to the third place and by Monday morning, its stock had fallen more than 5% to about $120. Even ...
Invezz
New Delhi (AFP) - Le Premier ministre indien Narendra Modi a lancé lundi à l'opposition un appel au "consensus" devant le nouveau Parlement élu après un revers électoral qui l'a forcé à former un gouvernement de coalition pour la première fois en dix ans. La première session qui s'ouvrait lundi et est prévue jusqu'au 3 juillet, devrait donner un aperçu des projets de M. Modi pour son troisième mandat et voir la nomination probable de Rahul Gandhi en tant que chef de l'opposition, un poste vacant depuis 2014. Les deux premiers mandats de Narendra Modi ont permis à son parti, le Bharatiya Janata...
AFP (Français)
Ola Electric, India’s largest two-wheeler electric vehicle maker has received the approval from India securities’ market regulator- Securities Exchange Board of India (Sebi) to go public. The Bhavish Agarwal-led company will raise Rs 5,500 crore through a fresh issue, apart from an offer-for-sale (OFS) component of 95.2 million shares, and is likely to list its shares later this year. The Bengaluru-headquartered startup is reportedly eyeing a $6 billion valuation and will be the first EV startup in the country to list itself on the bourses. According to the draft IPO papers, a part of the proc...
Invezz
By Anmol Alphonso An old controversial quote from April 2023 by former Pakistani cricketer Javed Miandad, urging the Indian men's cricket team to visit Pakistan for the Asia Cup is being shared with the misleading claim that it is a recent statement. In response to security concerns raised by the Indian side, he had then responded, "Death will come when it will come." The 2023 edition of the ODI tournament was co-hosted by Pakistan and Sri Lanka after India objected to visiting Pakistan due to security concerns. The next ACC Asia Cup in 2025 will be played in T20 format, with the UAE and Oman ...
BOOM Live
The family were found guilty of seizing their workers' passports, barred them from going out and made them work up to 18 hours a day. Prosecutors had said that their workers had described a “climate of fear” instituted by Kamal Hinduja. They were forced to work with little or no holiday time, and worked even later hours for receptions. They slept in the basement, sometimes on a mattress on the floor. But the Swiss court dismissed more serious charges of human trafficking against 79-year-old tycoon Prakash Hinduja; his wife, Kamal; son Ajay and daughter-in-law Namrata on the grounds that the wo...
Euronews (English)
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