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Apr 15, 2024
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but has it come at the expense of other parts of india's economy? agriculture hasn't done well, and agriculture supports a large part of the population, so the rural incomes suffer because of that. the other area which is a little weak is the consumption, private consumption. the household consumption growth is not even half of the overall gdp growth, but overall it's a good story. mr modi will be hoping his infrastructure bet will spur large—scale industrial growth and create jobs. a major missing piece in india's growth story. nikhil inamdar, bbc news, kolkata. before we go, shareholders of us steel have approved a sale to nippon steel. more than 98% of shareholders voted in favour of the deal under which the japanese company will pay $55 per share for the us steel—maker. it brings the sale, which is worth nearly $15 billion, a step close despite political opposition in the us. and that's it for this edition of asia business report. thanks for watching. hello there, i'm 0lly foster. here's what's coming up for you on sportsday. it's party time
but has it come at the expense of other parts of india's economy? agriculture hasn't done well, and agriculture supports a large part of the population, so the rural incomes suffer because of that. the other area which is a little weak is the consumption, private consumption. the household consumption growth is not even half of the overall gdp growth, but overall it's a good story. mr modi will be hoping his infrastructure bet will spur large—scale industrial growth and create jobs. a major...
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Apr 14, 2024
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india hasjumped 38 places higher. crisscrossing the country to unveil these mega projects has been india's prime minister, narendra modi. his government has spent over $100 billion every year for the last three years building highways and sea bridges. this infrastructure focus is expected to be rich election dividends for the prime minister. but has it come at the expense of other parts of india's economy? agriculture hasn't done well, and agriculture supports a large part of the population, so the rural incomes suffer because of that. the other area, which is a little weak, is the consumption, private consumption. the household consumption growth is not even half of the overall gdp growth, but overall it's a good story. mr modi will be hoping his infrastructure bet will spur large scale industrial growth and create jobs. a major missing piece in india's growth story. nikhil inamdar, bbc news, kolkata. before we go shareholders ever prove the nichols in a widely decision for that more than 98% of shareholders voted in
india hasjumped 38 places higher. crisscrossing the country to unveil these mega projects has been india's prime minister, narendra modi. his government has spent over $100 billion every year for the last three years building highways and sea bridges. this infrastructure focus is expected to be rich election dividends for the prime minister. but has it come at the expense of other parts of india's economy? agriculture hasn't done well, and agriculture supports a large part of the population, so...
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Apr 12, 2024
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i think it is fair to say that over the last 20, 30, a0 years, india has not done a very good job of creating good qualityjobs for the vast majority of its workforce. the reason for that, as you well know, is that although india has grown very rapidly, much of the growth has been based on high skilled services, rather than low skilled manufacturing and this is what distinguishes india from all the east asian countries. services are high skill, they provide greatjobs for those who are qualified but those constitute a very small share of the labour force. so, the challenges really are how do you create jobs in manufacturing. we know over the last ten years narendra modi's government has made india richer but one of the main gripes the opposition has is that the wealth isn't fairly spread around. in fact, and a recent study found it's one of the most unequal in the world with the richest 1% controlling 40% of the wealth. what challenges does that pose? one thing one has to be careful of is inequalities statistics but that said, i think inequality is relatively high — and by the way, i
i think it is fair to say that over the last 20, 30, a0 years, india has not done a very good job of creating good qualityjobs for the vast majority of its workforce. the reason for that, as you well know, is that although india has grown very rapidly, much of the growth has been based on high skilled services, rather than low skilled manufacturing and this is what distinguishes india from all the east asian countries. services are high skill, they provide greatjobs for those who are qualified...
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Apr 12, 2024
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i think it is fair to say that over the last 20, 30, a0 years, india has not done a very good job of creating good quality jobs for the vast majority of its workforce. the reason for that, as you well know, is that although india has grown very rapidly, much of the growth has been based on high skilled services, ratherthan been based on high skilled services, rather than low skilled manufacturing and this is what distinguishes india from all the east asian countries. services are high skill, they provide greatjobs for those who are qualified but those constitute a very small share of the labour force. so, the challenges really are how do you create jobs the challenges really are how do you createjobs in manufacturing. do you create jobs in manufacturing.- do you create jobs in manufacturing. do you create jobs in manufacturina. ~ ., ., manufacturing. we know over the last ten years _ manufacturing. we know over the last ten years in _ manufacturing. we know over the last ten years in modi's _ last ten years in modi's government has made india ritschard but one of the main gripes the
i think it is fair to say that over the last 20, 30, a0 years, india has not done a very good job of creating good quality jobs for the vast majority of its workforce. the reason for that, as you well know, is that although india has grown very rapidly, much of the growth has been based on high skilled services, ratherthan been based on high skilled services, rather than low skilled manufacturing and this is what distinguishes india from all the east asian countries. services are high skill,...
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Apr 17, 2024
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over the next six weeks, india will vote in an election where prime minister noranda mode is contesting a third term. archana shukla takes stock of the cost of the largest democratic exercise in the world. the stage is all set. 970 million indian voters decide on who runs the country for the next five years. the scale and magnitude of this election bigger than ever before. 5.5 million electronic voting machines, 15 million polling officers, and a million polling stations. indian elections are the most expensive in the world. more than $8 billion were spent in 2019 general elections, and this year the numbers are expected to double. interestingly, the cost of conducting elections isjust 15% to 20% of this figure. the rest spent on political campaigning more than ever. political parties are flush with cash, mainly through something called electoral bonds, a controversial scheme that allowed for people and companies to donate anonymously to political parties. $2 billion were raised through these bonds until february, when supreme court banned them. more than half the proceeds went to prime
over the next six weeks, india will vote in an election where prime minister noranda mode is contesting a third term. archana shukla takes stock of the cost of the largest democratic exercise in the world. the stage is all set. 970 million indian voters decide on who runs the country for the next five years. the scale and magnitude of this election bigger than ever before. 5.5 million electronic voting machines, 15 million polling officers, and a million polling stations. indian elections are...
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Apr 17, 2024
04/24
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report, the imf said growth would remain steady because propped up because of emerging economies like india but high inflation and weak demand in china and europe are major challenges. the bbc�*s economics editor has more from washington, dc. we have got new numbers from the imf, theirforecast for the world economy, and it shares a world economy that is more resilience and mainly driven by what is happening here in the us and in some emerging economies, such as india. there is a big black cloud over the world economy in terms of the economic consequences of what is happening in the middle east. actually, the impact in energy and oil markets has been far less than expected given what happened over the weekend, they really haven't been affected much not so much of the attention is what is happening at the world central bank, the ramped up interest rates over the past few years, trying to deal with the inflation shock, and it had been expected that we had turned a corner and that there be a fewer interest—free cuts from the us federal reserve and the bank of england. markets are in doubt a
report, the imf said growth would remain steady because propped up because of emerging economies like india but high inflation and weak demand in china and europe are major challenges. the bbc�*s economics editor has more from washington, dc. we have got new numbers from the imf, theirforecast for the world economy, and it shares a world economy that is more resilience and mainly driven by what is happening here in the us and in some emerging economies, such as india. there is a big black...
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Apr 11, 2024
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last month, india cut import taxes on electric vehicles for global car—makers which commit to investing half a billion dollars and starting local production within three years. let's turn now to the story of truong my lan who has been sentenced to death in vietnam. the property tycoon was found guilty of looting one of the country's largest banks over a period of 11 years. the bbc�*s southeast asia correspondentjonathan head breaks down the highly publicised case. well, it's long been clear that the communist authorities in vietnam wanted to make an example of truong my lan, the 67—year—old property tycoon at the center of this truly massive banking fraud. they encouraged extensive publicity about the trial, giving every last detail about the case against her and the 85 other defendants to vietnamese journalists. now, by imposing the death penalty on her, which is rarely done to women in vietnam, the government seems to be sending out a warning to others, hoping to deter those who might be dabbling in fraud and corruption. now, this is just the latest, although most spectacular ch
last month, india cut import taxes on electric vehicles for global car—makers which commit to investing half a billion dollars and starting local production within three years. let's turn now to the story of truong my lan who has been sentenced to death in vietnam. the property tycoon was found guilty of looting one of the country's largest banks over a period of 11 years. the bbc�*s southeast asia correspondentjonathan head breaks down the highly publicised case. well, it's long been clear...
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Apr 10, 2024
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many stock markets in the region, including singapore, indonesia and india are closed for eid al—fitr, it is one of biggest celebrations on the islamic calendar. we wish all of you celebrating a very happy selamat hari raya. hello. i am steven with the catch up. tonight, champions league security, harry styles tour guides and a goat invasion. we are starting with this week's champions league matches and heightened policing at stadiums after concerns about security. it follows threats on social media by a channel that supports the islamic state group. one of the places mentioned is the emirates where arsenal play. police say they have a robust plan in place to keep people safe. security is also stepped up at stadiums in france and spain. there is no threat to any specific matches. the uk terror threat level is still at substantial meaning an attack is likely. some other stories now and louise thompson from made in chelsea has revealed she has been fitted with a stoma bag. she was diagnosed with ulcerative colitis a few years ago. the stoma collect body waste through an opening in the s
many stock markets in the region, including singapore, indonesia and india are closed for eid al—fitr, it is one of biggest celebrations on the islamic calendar. we wish all of you celebrating a very happy selamat hari raya. hello. i am steven with the catch up. tonight, champions league security, harry styles tour guides and a goat invasion. we are starting with this week's champions league matches and heightened policing at stadiums after concerns about security. it follows threats on...