and will not hom, india's i india in the eyes of, of europe and in the eyes of america. so from that perspective, it's always good, but an aircraft older the size has very frequently, so the president get, tom wheeled out and to smell for the cameras. so at a politically, it certainly does him no harm at all. but interestingly, i think really fascinatingly and all this is that a boss and boeing the airlines clearly want competition between the mind fry manufacturers, both companies, mike excellent aeroplanes that are almost. and i realized there are some very fun nuances here. but, but, you know, are almost interchangeable, but yet a lines time after time split their orders even though that is less efficient because you need to have 2 sets of spanish in a tech, 2 sets of pilots and had to have 2 sets of engineers. and so on they, they split their orders $5050.00 because they really acknowledged that having fees, competition between a boss and on the $1.00 hand. and boeing on the other hand is good for them into the long term. there's never been a discussion about it on n

all in compliance with macon, india and self reliant india programs. and right at the moment, russia is taken, it is taking a negative part in the iow, india in defense. sir defense is shown in bangalore, where we have a large delegation present with the representation of various defense manufacturing companies, offering a variety of products and joint collaboration projects in the aircraft industry in the anti missile warfare. offering the, the portable miss i launches and the other advanced equipment we are, we are very optimistic about the continuation of our close engagement in this, in this important sector. thanks very much ambassador with speaking to id, appreciate your time. ah ah ah mobile is this the best of both? not sure. my, for the mobile when you vision annual g d. p per capita is about $4000.00 euros. last does that? we've got drugs. are you in a mold or mildew? a wash there? personally, i was off of my, i got a new primary consti sealed from corpus really and kids totally new, new switches throwing them all belong to come out. nature l

india tops many of those lists. and, in fact, what's been most concerning is ever since i moved out of working for a private company and worked for a civil society organisation, the numbers have increased massively. india now is number one and number two in many of the transparency reports published by facebook and twitter, by google, by twitter. and what you've seen since then, in fact, is a more concerning sort of doubling down on intimidation and pressure. when i was there, there were moves to potentially amend regulations. some of these blocking rules were passed. but the government acknowledged, the then government acknowledged there were problems with them and the supreme court even temporarily protected some of these rules from legal challenge, saying that we would trust that the government will let people know when they're blocked and people can approach indian courts to challenge these orders. and today you have a federal government which is issuing nearly 5,000 plus accounts or more to be blocked every yea

india tops many of those lists. and, in fact, what's been most concerning is ever since i moved out of working for a private company and work for a civil society organisation, the numbers have increased massively. india now is number one and number two in many of the transparency reports published by facebook and meta, by google, by twitter. and what you've seen since then, in fact, is a more concerning sort of doubling down on intimidation and pressure. when i was there, there were moves to potentially amend regulations. some of these blocking rules were passed. but the government acknowledged, the then government acknowledged there were problems with them and the indian supreme court even temporarily protected some of these rules from legal challenge, saying that we would trust that the government will let people know when they're blocked and people can approach indian courts to challenge these orders. and today you have a federal government which is issuing nearly 5,000 plus accounts or more to be blocked every y

to india, india found it very lucrative. and therefore india has gone head and bought some oil from russia. but it's largely the dependencies more related to a defense. i want to speak to a bit more about china, and india is reluctance to distance itself from russia. i'm just wondering if this could become a problem in the long run. if say, a weakened to russia is driven closer towards china, which is of course, a big competitor to india. absolutely, i think this is one of the biggest challenges that many indian policymakers are very much aware of because a week and russia will be a satellite country to china. and china and russia axis in recent years has become stronger in particular, the vistas isolated russia, host ukraine crisis. we have seen china and russia coming to get as substantively and that means for india which, which faces china as the most important strategic challenge going forward. this relationship becomes very, very difficult, not, not to track. and therefore, india is trying to maintain some channels of c

and india, b a p. m indic nomics over from india site it's, it's an attempt to balance it stays rush and the this. i want to speak to bit more about this balancing act. as you say, india's position on ukraine has been a disappointment to western count countries, but india is quite dependent on russia for things like oil and military supplies. help us understand a bit more the line that that india is trading here. i think india's historically dependence on russia for defense is quite extraordinary. and because during the cold war, the west was not willing to supply india with critical defense technologies. and so india's reliance and then soviet union increased and as a result of which even today, india finds almost 55 percent of it's a defense of life coming from russia. so with that kind of independence at the time that engage facing of the light border with china is a major predicament for indian policy makers. and therefore, they are very reluctant to publicly condemned russia. but indian prime mini

it's the biggest deal in the history of civil aviation india's largest international carrier air. india is seeking to reinvent itself by expanding its operations and modernizing its fleets. it's reached a multi $1000000000.00 landmark deal to buy $470.00 new aircraft from air bus. i'm boeing a record for the industry, the french president to manual micro called it a new success and an opportunity to develop new areas of cooperation with india. the u. s. president jo bite and echo the sentiments saying the boeing order would support more than a 1000000 american jobs. poverty metal has more from new delhi. this is one of the was busiest efforts. hundreds of name, static houses, a passenger in and out of new day every day. it is one of the was not asian markets and also one of the fastest growing. now it's all just a line is expanding its lead, and india has ordered $100.00. this means we 2 of the was top aircraft manufacturers that each american boy and european join us. the dean is what billions of dollars and is the largest. and india even does logic international ally and 2nd largest d

bank in india. it is the largest lender in india. apart from banks, there are other financial institutions also involved in their behemoths. for example, the life insurance corporation of india, which is india's largest insurer, it is also state run. so there's a lot of public money also involved as far as this exposure, good on a group is consensus set, we're definitely an issue of national concern. that's the reason why now the issue has come up to the parliament and the opposition has just demanded approval either by a supreme the supreme court or by a parliamentary panel. chris, danny is active in a wide range of sectors. what would extended problems at the conglomerate mean for people's lives? well, that's true or chris or danny is active in a lot of sectors. these include from boards to mining, to energy and even to media. now, lot of these sectors are very critical in frustrate sector infrastructure sectors. so if god forbid, if the group crashes oh and a meltdown, the stock market are an ind

. india found it very lucrative, and therefore india has gone head and bought some oil from russia, but it's largely the dependencies more related to defense. i want to speak to a bit more about china and india's reluctance to distance itself from russia. i'm just wondering if this could become a problem in the long run if say a week and russia is driven closer towards china, which is of course, a big competitor to india. absolutely, i think this is one of the biggest challenges that many indian policymakers are very much aware of because a week and russia will be a satellite country to china. and china and russia axis in recent years has become stronger in particular, the vistas isolated russia post ukraine crisis. we have seen china and russia coming to get as substantively and that means for india which, which faces china as the most important strategic challenge going forward. this relationship becomes very, very difficult, not, not to track. and therefore, india is trying to maintain some channels of communication with russia. it is trying to keep those channels open because it wou

india found it very lucrative, and therefore india has gone ahead and bought some oil from russia, but it's largely the dependencies more related to defense. i want to speak to a bit more about china and india's reluctance to distance itself from russia. i'm just wondering if this could become a problem in the long run. if say a weekend, russia is driven closer towards china, which is of course, a big competitor to india. absolutely, i think this is one of the biggest challenges that many indian policymakers are very much aware of because a week and russia will be a satellite country to china and china, russia axis in recent years has become stronger in particular, the vistas isolated russia opposed to ukraine crisis, we have seen china and russia coming together substantively and that means for india which, which faces china as the most important to strategic challenge going forward. and this relationship becomes a very, very difficult not not to track. and therefore, india is trying to maintain some channels of communication with russia. it is trying to keep those channels open becau

india. u.s. president joe biden echoed the sentiment, saying the boeing order would support more than one million american jobs. >> this is one of the world's busiest airports. hundreds of planes carry thousands of passengers in and out of new delhi every day. india is one of the world's largest aviation markets and also one of the fastest growing. now this airline is expanding its fleet. air india has placed orders for hundreds of planes with two of the world's top aircraft manufacturers. american company boeing and european giant airbus. the deal is worth billions of dollars and the largest in history. air india is india's largest international airline and second largest domestic. this is part of an ongoing effort to turn the airline around. it was run by the government for decades -- losses and debt. last year, one of india's oldest conglomerates took it over. the company says it can expect the first batch of planes to arrive by the end of the year. >> the deal struck by air india is part

all in compliance with making india and self reliant india programs. sounds right at the moment. russia now is taking it, taking a negative part in the iow india. her defense defense show in bangalore, where we have pretty large delegation present with the representation of for various defense manufacturing companies offering a variety of products and join collaboration projects in their craft industry in anti missile warfare offering the you know, the portable miss i launches and the other advanced equipment we are, we are very optimistic about the continuation of our close engagement and because in this important sector, thanks very much ambassador with speaking to out the appreciate your time. ah, ah, a joggers archipelago home and she goes to san diego garcia, the largest island in the archipelago, is now the location of a very large u. s. military base. you get given man, i to the u. s. government to make the military base and just reported all of tuggle sent people from their country. so big card returned back on the island. no, but we are fighti

you know, the, the whole world has witnessed the failure of western efforts to pressure india. india has succeeded in maintaining and in the an independent and balanced position, projecting unilateral, illegitimate restrictions violating the international law. i think it's more if the reflection of the credit will end of the western higgin. many than anything else. this for him stand is based on india's principle line with regard to the sanctions policy in general, which cannot be a solution to bilateral or global problems. india gives priority to its national interests, including in relation to the current and global food and the energy crises caused by the pandemic in the 1st place. and by, by the western sanctions against russia, in the se, in the 2nd multi vector approach is at the core of brings his concept of a strategic autonomy man. and i would very much like to see india stayed on this course. ah, o. in 2022, the italian government approved a package of military aid to ukraine coordination with nature to help ukrainians defend themselves and fight back about 150000000 euro a

consumption of oil has gone up. india is energy hungry country. so india says it has to meet the needs of its people, its immediate needs, and therefore is prepared to take cheap, cheap russian oil. at the same time, it's also a committed, it says to green energy. you heard what diamond is to more. he said he's made a, a partnership with germany on green and sustainable energy and green energy like green hydrogen biofuels and so on. and india has many challenges when it comes to its energy policies as well as due to climate change and, and all these issues. but it also has somebody creative and smart ways to deal with them. and that's what they're hoping to develop a journey. because jim is not the biggest investors of renewable energy in india. either sent out at all is the fact that both germany and india want to strengthen ties the what are some, rita? let's hear water. german chancellor shows sad about this. we want to pursue. we want to strengthen trade cooperation between the european union and india. and that's why we're both going to work

to india. as germany's chancellor. is there for thomson strengthening economic ties and cooperation between the 2 countries. plus the death toll from the earthquakes and in turkey and syria passes $50000.00 in rebel held areas of syria, 8 is only reaching people slowly. compounding the humanitarian crisis. ah. i married evans dean. it's good to have you with us. nigerians are voting to day to decide on a new president. the outgoing president, mohammed to bull hoary, is stepping down after serving the maximum 2 terms the raise to succeed him and lead africa's most populous country is the most open. since nigeria became a democracy back in 1999. the next president will have to deal with the trouble of economy, multiple security threats, and also rising poverty. 93000000 people have registered to vote, and they'll also be electing state governors and members of the national assembly. for more we can speak to our correspondent amongst our coin, who has more from nigeria is 2nd largest city, can get

india tops many of those lists. and, in fact, what's been most concerning is, ever since i moved out of working for a private company and work for a civil society organisation, the numbers have increased massively. india now is number one and number two in many of the transparency reports published by facebook and meta, by google, by twitter. and what you've seen since then, in fact, is a more concerning sort of doubling—down on intimidation and pressure. when i was there, there were moves to potentially amend regulations. some of these blocking rules were passed. but the government acknowledged, the then government acknowledged there were problems with them and the indian supreme court even temporarily protected some of these rules from legal challenge, saying that we would trust that the government will let people know when they're blocked and people can approach indian courts to challenge these orders. and today you have a federal government which is issuing nearly 5,000 plus accounts or more to be blocked ever

you know, the, the whole world has witnessed the failure of western efforts to pressure india. india has succeeded in maintaining and in an independent and balanced position, projecting unilateral, illegitimate restrictions violating the international law. i think it's more if the reflection of the credit will end of the western higgin. many than or anything else. this for him stand is based on india's principle line with the regards to the sanctions policy in general, which cannot be a solution to bilateral or global problems. india gives priority to its national interests, including in relation to the current and global food and energy crises caused by the pandemic in the 1st place. and by, by the western sanctions against russia in this site, in the 2nd multi vector approach is at the core of fringes concept. so for a strategic autonomy, man, i would very much like her to see india state on this course. ah no. mm. to come to the russian state to never, i've stayed on the northland scheme development. i'm not getting host offline, so i mean, we could fill in 55 when. okay, so my ni

i think the hind is, you would be the diamond back to india because it belongs to india. and the conditions under which it was taylor from india. there was a minor in napkins in punjab. the leasing was forced to part with it and number off shall show that he lived there. it was a give to you and do the queen we and it was a lot, you know, and on the, for circumstances it was taken away from him. so i, but it is, it will be the issue we did a has been demanding for a long and now from memory time, you know, oh, i see the reason. yeah. of course you should come back to india. now india obviously claims ownership over this diamond, but so does the afghanistan pakistan and a run given this disputed ownership of the diamond? how likely do you think it is that britain would send it to india? and is there any solution to solving this, this crisis of ownership? is he, i don't dig even their dreams in simple b dot. it is well known that it belong to india. it belong to the elite and buys right from the when i go down south and story goes from out of the dimes than even doing that.

for many, it also means making india in the nation. and providing the soundtrack to this movement is hindus for pop songs, filled with hate and bigotry, primarily against muslims. songs which thanks to social media, are very popular in india hinterland and with some experts blame for inflaming religious tensions across the country. ben, nevada. oh jill or nicole hummer took her believe i beat science with anti muslim cio. ah, this is the heat we worried of ended my music sunday patch id is of abilene browser . oh, and one of the genres most famous voice is to night. he's the star attraction in drug lunch. a village in northern india. ah fans have travel far to hear him. the authorities still stood by as the heat speech board 4th. oh, ok me gone? i have a song with lyrics which says, i'm deluxe. good. you are destined in this country. why should we don't retail presence minds? why do you think muslims are tenants in india? the moody of me? so it's my thinking is when india was divided on religious lines and 1947, then i don't think musl

well, this is a chance olive shows his 1st visit to india. as a chancellor, though he and prime minister more the met several times last year, not india hordes. the g, 20 presidency. so that's one of the reasons why he is here at this point. but also because he promised a bilateral meeting with primary must a prime minister more the last year as well as priorities. now of course, at the heart of this relationship is our economic ties, and they have good economic ties that people feel they should be much better. so they'll expect ations that they will be some business to business deals. there's even talk that they might be a discussion on german submarines being sold and built in india, but not official confirmation of that is yet. the other priorities like climate change, the journey expects a lot from india. they say india has a lot of challenges, but also has to be creative and smart solutions to deal with climate change. so hor, range of issues that the 2 sides will be discussing in at the garden state has not be far from here at all. wher

now india does. and board a lot of them and in the past few years, and has been wanting to cut down on these boards constituting dest policy. also really has been to be self reliant in every sector in every area. and therefore, this discovery you lead them for india is a magical one on a very, very significant one. the, the us will not impose sanctions on india for importing russian energy. suggesting washington will offer an exemption as it focuses on cooperation. we're not looking to sanction india. our partnership with india is one of the most consequential relationships new delhi became the biggest importer of russian crude after european countries imposed sanctions. over the conflict imports from russia rose further in december last year, passing a 1000000 barrels per day for the 1st time. while in january, it had 1700000. but let's say part of the reason is that western states are not buying russian oil, but through india. meanwhile, tensions between the u. s. under run are rising as washington

i'm in the united states as in india already them. and i'm sure other countries are joined because, you know, even if you out of major producer of hydrocarbon who still would have an interest in biofuels, you can do both simultaneously in a concomitant manner. there are no challenges to supervisor. i think that good point to start off if i missed submit, these are the world of 1945. we just stablish the world order, you know, through the 945. what. what do i mean when the 2nd world war was coming to an end? the san francisco conference has gone from those deliberations of bond, the international monetary fund and the world bank. they wanted to establish an international trade organization. but the legislature of an important country didn't rectify it. so out of that was von chapter for the general agreement on tariffs and trade. so that god created through the legal instrument of the interim committee on international trade organizations. i see that set up. now do you think that 945 world order is really relevant to that? it created 5

as in india and the world. yo yo, we'll get out more about just she also designs housing modules for long trips into outer space and space c. i grew up in this confluence of space and science technology and architecture and design. so i think my formative years, this kind of her dual influence, got me interested in space architecture. there was no such discipline as space architecture. and it's an invented discipline. the idea that really got smitten with in high school was how do i design things for living and working in microgravity. so a lot of it. busy in your space journey started in the sixty's and the initial focus off the in space program was to sure house space technology gann directly impact lives on earth. how can we improve life on earth? so while the only experiments, that's our job i did to demonstrate to the government, that space can be of a powerful tool for development in collaboration with naso. he used uh, communication satellite and broadcast educational programs do thousands of villages ac

bank in india. it is the largest lender in india, apart from banks, there are other financial institutions also involved in their b. he mots, for example, of life insurance corporation of india, which is india's largest insurer. it is also state run. so there's a lot of public money also involved. as far as this exposure to any group is consensus that would definitely an issue of national concern. that's the reason why now the issue has come up to the parliament and the opposition has just demanded approved by the by a supreme, the supreme court or by a parliamentary panel. chris, danny is active in a wide range of sectors. what would extend the problems at the conglomerate mean for people's lives? well, that's true or chris or danny is active in a lot of sectors. these include from boards to mining, to energy and even to media. now, lot of these sectors are very critical in frustrate sector infrastructure sectors. so if god forbid, if the group crashes oh and a meltdown, the stock market are an ind

and india did not. and therefore, i think prime minister modica compared to explain in disposition once again, because the new owners has been that india say that has a neutral stance. well, as the western world would like a more robust engagement from india on the issue of russia. in fact, johnson shorts publish an article, a written by himself this morning in which he said, india should send a strong message to russia. so that was an important point again, amid by the german chancellor towards his indian count. if i'm not in the movie and am rita i had of this trip or shorts was expected to press for progress towards a free trade deal between the e. u in india. were there any updates on that? will you place for that? again here today? you too are larry liberty, that definitely that india and the european union should make progress on this free trade agreement between the 2 sides. but it's been stored, economics and trade lie a part of her relationship between india and germany. so a lot of focus was p

india's increasing diversification could help. over the years, we have seen that indian banks have cleaned up their balance sheets following the legacy corporate efforts as part of increasing capital to bolster balance sheets. i think we believe there are no material downside risks to indian banks' dollar bonds as indian bank exposures are secured by cash-generating assets and most of indian bank'' asset quality remains resilient. rishaad: should we be worried about asset quality amongst these indian banks and their outlook generally speaking? >> we believe that india's long-term performing loans could continue to perform to about 5% for fiscal 2023 and mid 4% for fiscal year 2024 led by a healthy trend in the upgrades and bar was accounts as far as robust credit growth alongside india's economic recovery. risks from restructure loans also seems manageable for most indian banks, and we believe for most of the banks, their common provisioning levels might offer a comfortable cushion against any micro uncertainties. haslinda: that w

of oil has gone up, india is energy hungry country. so india says it has to meet the needs of its people. it's immediate need and therefore is prepared to take cheap, cheap russian oil. at the same time. it's also a committed, it says to green energy. you heard what diamond is to more he said he's made a, a partnership with germany on green and sustainable energy and green energy like green hydrogen biofuels and so on. and india has many challenges when it comes to its energy policies, as well as due to climate change and all these issues. but it also has somebody creative and smart ways to deal with them. and that's what they're hoping to develop a journey. because jim is not the biggest investors of renewable energy in india. have a sense of it all is the fact that both germany and india one to strengthen ties 3, what are some rita? let's hear water. german chancellor shows said about this. we want to hundreds, but we want to strengthen trade cooperation between the european union and india. and that's why we're both going to work to

today we ask, why are india's poor being left behind? ah, in joining us today from bangalore oxy. tar f, a. the media specialist at oxfam, india, which recently published a report, exploring the impact of wealth inequality in the country. we also have in bengal root just not just the director at the center for budget and policy studies. her work has explored gender health and education equity. and last but not least in new delhi, i did saw is an assistant professor at the institute for studies in industrial development. now you too can join the conversation, send us your questions and comments through our live youtube chat. so very many things we want to get to, but let's start with the numbers. some of these numbers and ox time that i want to share with you take a look at this, the richest one percent owning about 40.6 percent of the countries. well, the poor, 50 percent, just less than 3 percent of the wealth. now we have billionaires in the meantime, rising from 102 of them in 2020 to 100. 66 in 2022. and the combined wealth of $100.0

and olaf shoulds is greeted by india's prime minister and render mowdy on his 1st visit to india. as germany's chancellor is there for it talks on strengthening economic ties and co operation between the 2 countries. ah, i'm marrying a evans dean. it's good to have you with us. on the 1st anniversary of russia's invasion of ukraine, vladimir zalinski paid tribute to his armed forces and key if the ukrainian president presented metals to serving troops and thanked families of those who died in combat. it was a somber interlude in a war that claimed thousands of lives and displaced millions the beat ever single drum and a minute of silence. outside key of saint sophia cathedral, ukrainian president followed him. his lensky, marked one year of war and his country. by honoring many of the fallen soldiers with postuma medals. as the anniversary approached, zelinski paid tribute to the people of ukraine. he had jagow assumed the door oh i think every one boy who persevered through that february vedic through that whole year a year and who made ukraine unbreakable. and islam used slobo.

for many, it also means making india a hindu nation. and providing the soundtrack to this movement is hindus for pop songs, filled with hate and bigger trip, primarily against muslims. songs, which of thanks to social media are very popular in india hinterland and read some experts blame for inflaming religious tensions across the country. been the video or tie angel or nicole hummer took her. they leave a beach lines with anti muslim veto. ah, i this is the heat flee worried of hindered my music sunday patch aria is a rabble rouser. oh, and one of the genres most famous voice is to night. he's the star attraction in drug guns. a village in northern india. ah fans have travel far to hear him. the authorities, dull, stood by as the heat speech poured forth. oh, off me gone. i have a song with lyrics which says, i'm dillon girl, you are a tenant in this country. why should we don't retail presence of mind? why do you think muslims are tenants in india? the media of me? so it's my thinking is when india was divided on religious lines in 19

but then india's wrecking crew got to work. rich gosh, it's 3 fours and the 18th over and her partner in crime jemma rodriguez repeated the trick in the penultimate over on her way to 53, no tote, the pyramid, 58 for the 4th wicket with rodriquez applying the crew. degraw to steer india to a 7 wicked victory. that will no doubt go down rather well. back home. since you have any news, let's get you. a reminder of our main story with turkish authorities have begun arresting people accused of being responsible for the collapse of thousands of buildings and recent earthquakes from critics. a safety rules are rarely enforced. the death toll now exceeds 33000 people. as restaurants keep on looking for survivors, or she's having a news world stories up next. booking, how migrant workers in india get through a cold winter rainbow craft or few very sick i charged. ah. nature connected snap foolish at 1st nichol shape. many took me more fish like unless hasty eye witnesses reported mary, you poll a story of resilience.

today we ask, why are india's poor being left behind? ah, joining us today from bangalore. oh ok, say tar phase, a media specialist at oxfam, india, which recently published a report, exploring the impact of wealth and equality in the country. we also have in bangalore route jobs, not jobs, the director at the center for budget and policy studies. her work has explored gender health and education equity. and last but not least in new delhi, i did. jaw is an assistant professor at the institute for studies in industrial development. now you too can join the conversation, send us your questions and comments through our live youtube chat. so, very many things we want to get to, but let's start with the numbers. some of these numbers and oxfam that i want to share with you take a look at this. ah, the richest one percent owning about 40.6 percent of the country's wealth, the poorest, 50 percent. just less than 3 percent of the wealth. now we have billionaires, in the meantime, are rising from 102 of them in 2020 to 100. 66 in 2022. and the combined wealth of 100 richest people.

this india need, that same sort of statement is india able to rise out of its own self interest. and begin looking at issues like climate or other issues and use its power in a way that's, that's globally stabilizing, but also moves its interest over forward. well, i mean, there's absolutely no doubt that india is rise to be, is unstoppable. i mean, in know, you know, it's angus medicine, us from the one to the 1820, the 2 largest economies of the world war, always china and india. so the return of china and india perfect the natural and it is going to happen. and frankly, the world will be at a time when you wish china tensions are going to increase the over the next 10 years. the world will be happy to see it totally independent. but all that creates a balancing role and tries to in some ways not these 2 big elephants to avoid that also on transportation. and as you know, india is firing to become a member of the un security council and which i think india should become what to be. but yesterday become a member. and then you went to go down to the best for india to build up is

i know there's india putting pressure on emerging markets but it's not only india. it's china. china is reopening and growth is improving and customer spending will be up. clearly, valuation on the price will normalize. it will improve. the emerging-market could be one of the other markets. fixed income, we also move more positive on emerging markets there. there are segments that are appealing. think for people who want to have a more balanced, diversified portfolio, it's between equities which could be also a consumer staple plus something with emerging-market bond and ig could be something to think about. francine: claudia, thank you so much. claudia panseri from ubs switzerland . coming up we focus on adani's $100 billion work it wipe out an sentiment in india. that is next. ♪ francine: welcome back to the open everyone. 14 minutes until the european trading day. we are seeing pressure across the board with the stoxx europe down. it is one of technology that disappointed amazon, apple, and alphabet as well. there is nervousness about valuation in technology that if you ar

and these are central to the india story, where india needs to go next. if the enterprise that is of the heart of infrastructure and energy and ports, and so on, is accused of fraud, the takes -- this takes down not just adani but the entire india narrative. david: does that close relationship -- when markets are trying to figure out if some of these assets, not so much in the stock market but bonds are cheap enough to buy, there is no possibility of a default. is there an implicit guarantee that the government has the back of this group whatever happens? >> well, for now, there is. i think the issue is at what point, do people realize that the ship is going, to take on so much water that i don't want to be on it. some of these alliances, they tend to be quite transactional. for now, the government really, no one from the administration, for any senior officials have really come out thumping the table in support. yeah, the government could back it, but if things get really, really serious, anymore, a start tumbling out of the closet. yvonne: given just th

and then i think the west pakistan and forsake india. dad know what do find the bread for itself in that gold wall we never wanted for for we were totally dependent on right. and we came back and we won the 1971 for a then that is a democratic country and it says as of its own russia, soviet union then it's, it's repeating itself. but this time it deals on the rise and you just discuss the next 3 countries which have controlled the world. united states. europe do not want to lose control. china has come up. it's almost like a. we're buy from united states of america because it shoots us, but we still are dependent on you get that rate grad about strategic programs. but even today, united states will not share with us. so i think any common military bad understands what i'm saying is, is repeating itself videos on the right. we have a we have a nation coming up with money to buy and republic because i've always one of the ukraine war with russia. benefits the armed industrial united states. i've literally wondered about europe renewed, ia

and speaking of india and speaking of a chords, guess who's recently come by for dinner there in india, guess who dropped by for dinner? saudi arabia, as prince mohammad been summoned, has paid a very public visit to india as president modi. and it wasn't just a pleasant call, it appears to be a legitimate arrangement to work through yet another important economic arrangement regarding trade and monetary exchange deals involving the saudi re owl, and the indian ruby. now it's in get imager neighbors using the indian to be for trade, boosting utilities, neighborhood 1st, policy. and this is no mean feat. as a result, the union will be as fast emerging as a plausible alternative to certainly global trade. joining us now to talk about this is a larger magni, a he is a middle east expert and actually a veteran war correspondent to boot. elijah, thanks so much for joining us. this is, this is one heck of a topic. i mean one that usually doesn't get taken apart. so i'm looking forward to this let's, let's start with this. how. how do you believe the world should see this meeting between the

india soundtracks of hate power, right. bring him to singers are using their songs as a dog whistle against minorities and a nod to the politics of the day we ask, what will this hate do to the world's largest democracy? ah, i'm british manager, welcome to did up the news asia, glad you could join us. the past decade in india has seemed the rise of the hindu to a movement. the movement refers to political hinduism, which seeks to place the hindu religion at the center of political and social life in india. for many, it also means making india into nation and providing the soundtrack to this movement is hindus for pop songs, filled with hate and bigotry, primarily against muslims. songs which thanks to social media, are very popular in india hinterland and with some experts blame for inflaming religious tensions across the country. in the video or tie angel or nicole hummer took her in the lease up be turns with anti muslim. the cio. ah this is the heat we worried of ended my music sunday patch id is available rosa. oh, and

india's aviation industry. the country have long been one of the world's largest in puerto is of defense equipment, but now it's looking to expand exports to with prime minister to rent remote pledging to wiffle annual defense exports up to 5000000000 dollars over the next 2 years. to find out more about these plans. let's talk to tara cars. okay. in delhi . sorry, this is a very bold goal. how well poised is india to develop a domestic defense industry of the scale? well, i mean, the potential is definitely back it up as you regular mentioned in guys, more commonly known as among the was biggest defense importers, ad but it does export a host of smaller defense products. and according to claims by india's defense ministry, these exports are rising by over 50 percent every year. so there's definitely a potential there for the kind of quotes that prime minister moody has talked about . these export items that are being sent to many countries include predictive items, spectral vessels, light helicopters, and at l

why is india doing this? well, you know, to was sure that the indian government has not made any statement on this. so we don't really know for sure what the governor be when this is, but yes, it does seem logical given the stand that india has been, india has been consistently taking in the last one year while it has condemned the war. it has not condemn the aggressor, meaning russia. and now there are reports that india as the head of the g 24 this year is also trying to push that a brush. i should not face any more sanctions because the sanctions which already exist in your fields, they have disturbed the global economy significantly there for no more sanctions. so this is also in keeping it seems, at least in keeping with india's effort. therefore, india wants to terminology to, you know, focus on words like crisis or challenge and not really wars so as to be able to a b in consistence with the stand that it has taken over the last year. janelle, the problems go beyond language, of course, are correspondi

in september 2019 india's high hopes were dashed. the chandra on 2 missions moon lanta crashed on to the lunar surface. mm. begin ready bills, but the be need to cover all of their own and i'm struck up every indian it did with us, but he to right as well, edge confidence when it comes to what a space program the bears yet gone. the moon is just the beginning. india's aerospace program is an integral part of its geopolitical strategy in a future way. geo political might will also be decided by the control of out a space like many other nations. india has set it sites on a new extra terrestrial goldrush asteroid mining. and power is also determined by control over the satellites used for global communications systems. without them modern life on us would come to a standstill to not get there, but yeah, those surveys for who refurbish me. timo hunter is. one of the leading space ship design, as in india and the world. yo, yo will, grandmother. she also designs housing modules for long trips into outer space and space city. i grew up in

bank in india. it is the largest lender in india, apart from banks, there are other financial institutions also involved in their behemoths. for example, life insurance corporation with india, which is in the us largest insurer, it is also state run. so there's a lot of public money also involved as far as this exposure to any group is concerned that we're definitely an issue of national concern. that's the reason why now the issue has come up to the parliament and the opposition has just demanded approval either by a supreme the supreme court or by a parliamentary panel. chris, danny is active in a wide range of sectors. what would extended problems at the conglomerate mean for people's lives? well, that's true or chris or danny is active in a lot of sectors. these include from boards to mining, to energy and even to media. neither of these sectors are very critical in frustrate sector infrastructure sectors. so if god forbid, if the group crashes oh and a meltdown, the stock market are an indicato

well in india, a large number of people, 80 percent. in fact, 8 out of 10 indian support and higher taxes on the rich on corporations. primarily those who benefit benefited during the pandemic. with that in mind, i do want to share with you and will you allow me to last one more sent? sure. what is this that we have, you know, we have, if you look at the ready light situation, we have not done mary bagley when it comes to groat, you know, your family make and everything, but it has been a jobless school. so i think employment is a huge concern, especially among the youth, overt on unemployment rate is much longer as compared to the youth unemployment. right, right. i can get spread. we had to focus on, well, no, and i appreciate you bringing that up. i mean, when, when i talk oxy about that, 80 percent, that one attacks on the ritz and bigger corporations. you know, we have a social justice activists who's kind of making a criticism that you are mentioning, saying the government not spending enough specifically on programs like health c

all in compliance with making india and the self reliant india programs. sounds of right at the moment. russia now is taken, it is taking an active part in thier io india. her defense sir defense is shown in bangalore, where we have a large delegation present with the representation of various defense manufacturing companies, offering a variety of products and joint collaboration projects. their craft industry in the anti missile warfare. now offering the, the portable miss i launches and the other advanced equipment we are, we are very optimistic about the continuation of our close engagement in this, in this important sector. thanks very much ambassador with speaking to id, appreciate your time. ah ah ah, the presentation of the ukraine conflict is always been muddled and confusing. remember the phrase, as long as it takes that is not a strategic goal. now we're presented with as long as it takes, pertains to the amount of conflict. it doesn't pertain the amount of assistance you understand what that means. a i really thought that we were and i fly. agai

why the india doing this? well, you know, to was sure that the indian government has not made any statement on this. so we don't really know for sure what the governor be when this is. but yes, it does seem logical given the stand that india has been, india has been consistently taking in the last one year while it has condemned the war. it has not condemn the aggressor, meaning russia. and now there are reports that india as the head of g 24 this year is also trying to push that a brush. i should not face any more sanctions because the sanctions which already exist in your fields, they have disturbed the global economy significantly there for no more sanctions. so this is also in keeping it seems, at least in keeping with india's effort. therefore, india wants to terminology to, you know, focus on words like crisis or challenge and not really wars so as to be able to a b in consistence with the stand that it has taken over the last year. janelle, the problems go beyond the language, of course, are correspondi

all in compliance with macon india and the self reliant india programs. sounds of right at the moment. russia now is taking it, taking a negative part in the iow india. her defense defense show in bangalore, where we have a large delegation present with the representation of various defense manufacturing companies, offering a variety of products, joined collaboration projects in their craft industry in anti missile warfare. offering the you know, the portable lisa launches and the other advanced equipment we are, we are very optimistic about the continuation of our close engagement in this, in this important sector. thanks very much, ambassador was speaking to out the appreciate your time. ah, ah, a joggers archipelago home and she goes to san diego garcia, the largest island in the archipelago, is now the location of a very large u. s. military base. you could give and may i say to the u. s. government to make the military base and just deported all of douglas and people from their country. so big caught return back a real thing for the ride. so i, we do

they don't really read for india. the 2nd part of it is also a lot of the lat onto that, on the domestic se, want to come back in office is opened up. so that's next to the 2nd one is in terms of the domestic buddhism that also really in the last one, jack, what about from a sustainability perspective because by an enormous fleet like this isn't exactly looking towards a carbon neutral feature that yeah, so it is one aspect of it, but today it's, i'm an old asportation if you look at that and india, this is significantly still in terms of or transportation. so the kind of migration which is happening in india from the villages into the cities is quite significant. so the explanation is high up from a capital very low in terms of not going to be. and so all of this needs before we can stay below. and so the other transport that we have is, and the profit into that the population which goes by and is finally less income goes to $140000000.00 of the animal, british $130000000000.00. so you get the conference trade. so it

now ed trouble rebounded pretty quickly in india. after caving why was that in building within comparison to the international part? um and yes, i think a lot of that goes into the basic is more than the vaccination because we were able to make it mandatory for all of them and made it also affordable and accessible to the larger population. and many of them went through this early on. i mean, the over didn't really back us web significantly in the 2nd part by 21. but then later on, the bombs back that industry bounce back and you're seeing the grades and adolescent lives in linked to the office. and hence that correlation played out really well for india. the 2nd part of it, there's also a lot of people who have gone to the home of the domestic say want to come back and office is opened up. so that's next to the 2nd one is in terms of the domestic buddhism that also really in the last one, jack. and what about from a sustainability perspective? because by an enormous fleet like this isn't exactly looking towards a carbon neutral feat