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August 18, 2022

India

SoftBank-backed Ola Electric wants to launch a made-in-India EV in 2024

CNBC
CNBC – For more and to sign up click here 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......

A short movie-making competition to bring to light the issues faced by children of India

@BreaknNews
¬†CHENNAI, India – Aug. 15, 2022 – — Mumbai/ Chennai, India:On the 75th Independence Day of India, Educo and Anna University have come together with an initiative to encourage art for social cause. The two organisations have launched a short movie competition on the theme of child rights, to bring......

Biden calls India an ‘indispensable partner’ on 75th anniversary of independence

Reuters
WASHINGTON, Aug 14 (Reuters) – U.S. President Joe Biden on Sunday congratulated India on 75 years of independence and said the United States and India were “indispensable partners” that would continue to work together to address global challenges in the years ahead. India will mark its 75th year of independence......

HIV medicines: India patients say hit by drugs shortage

BBC
These medicines have to be taken daily – experts say a treatment interruption can cause a person’s viral load to rise, heighten risks of HIV transmission and drug resistance, and make them more vulnerable to secondary infections such as tuberculosis. While the drugs are available at private medical shops, many......

How do people in Asia-Pacific feel about travel right now? It depends on where they live

CNBC
CNBC – For more and to sign up click here For the most part, residents of Asia-Pacific can travel again. But some are more confident about packing their bags than others. Travel confidence is “diverse and nuanced” in the region, according to a new survey commissioned by the travel website......

Uttar Pradesh: India son helping rape survivor mum fight for justice

BBC
The Uttar Pradesh rape survivor, whose name cannot be disclosed under Indian laws, said the rapes took place in 1994 in Shahjahanpur city. The accused, Mohammed Razi and his brother Naqi Hasan, lived in the neighbourhood and would jump over the boundary wall of her house and assault her whenever......

Australia, India and Singapore companies are still hiring. Here’s where the jobs are

CNBC
CNBC – For more and to sign up click here 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......

Australia beat India to take cricket gold

BBC
Commonwealth Games T20 gold medal match, Edgbaston: Australia 161-8 (20 overs): Mooney 61 (41 balls), Lanning 36 (26 balls) India 152 (19.3 overs): Harmanpreet 65 (43 balls), Rodrigues 33 (33 balls) Australia win by nine runs Scorecard Australia continued their dominance of women’s cricket with a thrilling nine-run victory over......

Australia to play India for gold in women’s cricket

Reuters
BIRMINGHAM, England, Aug 6 (Reuters) – Favourites Australia will face India for a Commonwealth Games gold medal in the women’s 20-over cricket event after they defeated trans-Tasman rivals New Zealand by five wickets at Edgbaston on Saturday. Australia, who won the last two T20 World Cups in 2018 and 2020......

India freezes assets of Binance-linked WazirX

Reuters
Representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register MUMBAI, Aug 5 (Reuters) – India’s financial crime-fighting agency said on Friday it had frozen the assets of WazirX, linked to the world’s largest digital currency exchange Binance,......

India cenbank raises rates 50 bps as inflation concerns remain

Reuters
MUMBAI, Aug 5 (Reuters) – The Reserve Bank of India’s key policy repo rate was raised by 50 basis points on Friday, the third increase in the current cycle to cool stubbornly high inflation that has remained above the central bank’s tolerance band for six straight months. With June retail......

India proposes antitrust scrutiny for M&A worth over $250 mln

Reuters
NEW DELHI, Aug 5 (Reuters) – India proposes mandating antitrust scrutiny for mergers and acquisitions valued above 20 billion rupees ($250 million), according to a draft law, a move lawyers said appeared aimed at global tech companies with substantial local business. The proposal is part of a larger overhaul of......

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