A view of the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, September 7, 2022. Carlos Barria | Reuters Apple said Monday it is assembling its flagship iPhone 14 in India as the US technology giant looks to shift some production away from China. “The new iPhone 14 lineup introduces … Read more
The India chairman of conglomerate Hinduja Group said he’s bullish on India, which he called “the very great emerging, fast moving market.” Speaking to CNBC on Thursday, Ashok Hinduja explained: “We see a recession coming in US, recession coming in UK, in Europe, problems in China, [a] problem in Southeast Asia under the fear of … Read more
Rice production in India has fallen by 5.6% year on year as of September in light of below-average monsoon rainfall, which has affected harvest, Nomura said. Rebecca Conway | Getty Images News | Getty Images India, the world’s largest rice exporter, has banned shipments of broken rice — a move that will reverberate across Asia, … Read more
India is set to see a surge in investments, according to Morgan Stanley, which named several stocks it thinks could benefit from rising capital expenditure in the economic powerhouse. In a note entitled “How to Play India’s Coming Capex Boom,” Morgan Stanley analysts said it was expecting supply-side factors and to align with improving demand, … Read more
Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data firm Statista to produce rankings of the “Best Hotels for Business Travelers.” A second list of rankings for hotels in Europe and … Read more
EU Commissioner for Energy Kadri Simson thinks China and India should follow a price cap on Russian oil Made Nagi | Afp | Getty Images BALI, Indonesia — The European Union on Saturday urged China and India to join the G-7 initiative to apply a cap on Russian oil prices, saying it is unfair for … Read more
The push for India’s first 5G spectrum may be heating up, but rollout plans in the country are still “a big maze,” according to a former CEO of Indian telco Bharti Airtel. Speaking to CNBC’s “Street Signs Asia” on Wednesday, Sanjay Kapoor, who is now an independent analyst, said Indian mobile operator Reliance Jio’s $25 … Read more
Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | Getty Images The CEO of Ola Electric said Monday his company would launch an all-electric vehicle that can go from 0 to … Read more
Billionaire investor Rakesh Jhunjhunwala, CEO, Rare Enterprises. Hemant Mishra | Mint | Hindustan Times | Getty Images India’s best-known stock investor Rakesh Jhunjhunwala, dubbed the country’s Warren Buffett, died on Sunday, prompting an outpouring of tributes for a self-made billionaire whose fortunes rose with the country’s economy. Jhunjhunwala died at the age of 62, a … Read more
Recession fears may be looming in Asia-Pacific, but that hasn’t stopped companies in India, Australia and Singapore from continuing their hiring spree, according to LinkedIn. As economies reopened after the pandemic, companies in the hospitality, retail and entertainment sectors ramped up hiring, said Feon Ang, Asia-Pacific managing director at the professional networking platform. All three … Read more