Latest news with #Kader
CNBC
15-05-2025
- Business
- CNBC
CNBC's Inside India newsletter: Could border flare-ups threaten India investments?
The Indian stock market has emerged from a volatile few weeks and soared past the level it was before the latest India-Pakistan flare-ups. It shouldn't come as a surprise, though, because for a growing cohort of global investors focused on India, such border crises, while serious, are viewed as just one variable in a far more complex equation — for now. While Indian stock markets initially dipped after it became apparent that India and Pakistan were headed toward armed conflict, Kieron Kader, an associate fund manager on Alquity's Indian Subcontinent fund, told CNBC that the episode was "not going to change the overall return profile dramatically." Instead, the ensuing volatility was more likely to be a "gift to the long-term investor," Kader added. He bought shares of NYSE-listed MakeMyTrip, Lemon Tree Hotels and Samhi Hotels after they tumbled, only to see them rise strongly since. He isn't the only one with that view. Anand Gupta, lead portfolio manager for Allianz India Equity, pointed out that the Indian equity market displayed "remarkable resilience" during the crisis peak, with the MSCI India index seeing only a "modest correction" of around 1.5% despite a spike in the India VIX, or "fear gauge." He attributed this to "investor confidence supported by India's strong economic fundamentals" and a "historical pattern of limited market disruption during geopolitical flare-ups of this nature." Indeed, the risks from recent military flare-ups appear to have been offset by the fact that India is considered by many to be an attractive investment destination. Research from Barclays's credit team also noted that the "macro impact is limited for both India and Pakistan" from the recent conflict. However, while the hostilities may not have spooked investors, over the longer term, rising geopolitical tensions could pose risks. And there have been some surprises in the conflict this time around. Events from earlier this month have marked a significant escalation from previous skirmishes between the two nuclear-armed nations. For the first time, both claimed to have attacked territories deep into the opposing side. In contrast, the Balakot strikes in 2019 saw India hitting locations very close to the border. The Indian Air Force mostly kept within India during the 1999 Kargil war. For decades, most conflicts between the two remained largely on land. While investors may be somewhat desensitized to India-Pakistan tensions, the political willingness to escalate conflict has raised concerns for some, given the wider geopolitical situation around the world. "Geopolitically India is not in a great situation," said Venugopal Garre, head of India research at Bernstein, in a note to clients on May 7. He pointed to the change of political stance toward India by neighbors Bangladesh and Sri Lanka, and its traditional allies, Russia and Israel. These countries are now occupied with war closer to home. Garre added that China's support of Pakistan doesn't help either. India has a precarious relationship with China — its largest neighbor — exhibiting certain qualities that are similar to its relationship with Pakistan. China and India share a long border with many points of disagreement that have remained unsettled for decades. The two countries also went to war in 1962 over a border dispute. More recently, 20 Indian soldiers were killed in a clash with Chinese forces in a disputed Himalayan border area in 2020. While an actual military conflict between the two Asian giants is deemed "very, very unlikely" by Alquity's Kader, he admits that such an eventuality would be a "very scary situation" potentially requiring "global intervention" and significantly elevating India's risk premium. The scenario is seen as being near-impossible because, economically, the two countries have an interdependent relationship. Bernstein noted: "India needs China to help build its low-end assembly franchise while China may consider India as potential market (it runs a large trade surplus with India which it may not want to risk losing)." Historically, however, India and Pakistan were also tied together economically as well as culturally. Yet, recent events show that when violence erupts, it can be difficult to predict how far each side will go. Investors might want to take note of the risks. Trump doesn't want Apple building products in India. The U.S. President said he told Apple CEO Tim Cook that he doesn't want the tech giant to build its products in India, taking shots at the company's moves to diversify production away from China and urging him to pivot stateside. India's consumer inflation rate in April cools. Headline inflation fell to 3.16% in April from 3.34% in March, and came in lower than the 3.27% expected by economists polled by Reuters. It was the sixth straight month that price increases moderated. Food inflation, which is a key inflation metric in the country, dipped to 1.78% in April, from March's figure of 2.69%. Wholesale prices in India also fell. In April, wholesale inflation, which serves as a proxy for producer prices, rose 0.85% on an annual basis, much lower than the 2.05% increase the previous month and marking the slowest increase in more than a year. The reading was also lower than the forecast of 1.76% by a Reuters poll of economists. Encouraging consumer and wholesale inflation readings open the door to more rate cuts by the Reserve Bank of India. India raised the idea of retaliatory tariffs on America. Even as India is reportedly negotiating a trade deal with the U.S., the South Asian country on May 12 proposed to the World Trade Organisation that it retracts tariff concessions to the U.S., which would amount to $1.91 billion in duty collected from U.S. imports. The ceasefire between India and Pakistan is brittle but intact. Both countries reached an agreement to stop military action on May 10, but have accused one another of violating it. That said, armed conflict has largely abated from the height of hostilities beginning May 6, which India said was a response to a militant attack last month in Pahalgam, Jammu and Kashmir, in which 26 people were killed. In a post on Truth Social, U.S. President Donald Trump offered help to find a "solution" regarding Kashmir. The Nifty 50 index closed above 25,000 points for the first time since October, as it heads for a 4.4% gain this week. The index has risen 6% this year. The benchmark 10-year Indian government bond yield declined to 6.23%, down by about 10 basis points from last week. On CNBC TV this week, Shilpak Ambule, India's high commissioner to Singapore, said India will not distinguish between "terrorists and government sponsors of terrorist," and further discussed India's perspective of its conflict with Pakistan that broke out earlier this month. Ambule stressed that India is still forging trade ties with countries such as the U.S., the European Union and New Zealand amid its hostilities with Pakistan. Meanwhile, Mark Mobius, founder of Mobius Investments, said India is the "most exciting place" now because it will replace China in many areas. For instance, Apple has already shifted some of its manufacturing and export operations to India. Mobius also said Prime Minister Narendra Modi is doing a good job of cutting through the Indian bureaucracy, streamlining the country's infrastructure and economy. India's balance of trade figures, out Friday, will receive more scrutiny than usual, given U.S. President Donald Trump's emphasis on trade imbalances between America and its partners. Meanwhile, Integrity Infrabuild, a construction company, lists Tuesday, followed by Accretion Pharmaceuticals on Wednesday. May 16: India balance of trade for April May 20: Integrity Infrabuild Developers IPO May 21: Accretion Pharmaceuticals IPO May 22: India HSBC PMI flash data for May
India.com
25-04-2025
- Entertainment
- India.com
This actor once begged in front of mosque, was tortured by his stepfather, was made a star by Dilip Kumar, worked with Amitabh Bachchan, Salman Khan, died in..
The Bollywood industry is a vast space — from actors to comedians, one will find everything. Today, we will discuss this one person from the B-town industry who faced major struggles in his life. However, after a huge U-turn, this actor became one of the biggest names in the industry. While today he is not with us, fans remember him with all the love and affection. He started his career in 1973, and through the years, he became a part of hit movies such as Himmatwala, Coolie No. 1, Aankhen, Raja Babu and more. He shared screen space with Govinda, Amitabh Bachchan and many others. Not just that, one name that played an essential role in making this man a hero was Dilip Kumar. After all the cues, if you are wondering who we are talking about, then let us tell you this legendary actor is none other than the late star Kader Khan. Kader Khan's story started when he was born on October 22, 1937, in Afghanistan. His father was from Kandahar and his mother, Iqbal Begum, was a British Indian. Kader Khan was born into a family of eight. In search of better opportunities, the family moved to Mumbai, where they started their lives in Kamathipura. Kader pursued his studies and became a civil engineer, and even taught at M. H. Saboo Siddik College of Engineering in Byculla as a professor of civil engineering. Did you know that despite having a good degree, Kader Khan's family faced financial difficulties? In an interview, the late actor opened up about the difficulties he and his family faced due to financial struggles. Reports suggest that the financial crisis caused disturbances between his parents, and eventually, they parted ways. Later, the actor's mother was forcibly remarried by her relatives. Kader Khan's life took a difficult turn after his mother's second marriage, as his stepfather mistreated him and frequently made him walk 10 kilometres to earn money. Many media reports even suggested that Kader's family could only afford to eat meals once every three days, leaving them hungry for the rest. A frustrated Kader buried himself in books after his mother told him to study hard and make a life for himself. Kader always had an interest in theatre. While performing in a play, comedian Agha noticed his talent and recommended him to actor Dilip Kumar. Impressed by Kader, Dilip Kumar immediately signed him for his next films, Sagina and Bairaag, marking the beginning of the comedian's career. Kader Khan remained active in films until 2015. Unfortunately, he passed away in 2018 due to supranuclear palsy, a progressive neurological disorder.
Yahoo
22-04-2025
- Politics
- Yahoo
Antisemitism incidents drop in Arizona in 2024 despite national increase; Assaults rise
Antisemitic incidents across Arizona fell 25% in 2024, despite a slight increase nationally, according to the Anti-Defamation League. The findings were reported in ADL's Annual Audit of Antisemitic Incidents. The nonprofit organization focuses on antisemitism but also tracks other forms of hate. ADL reported a sharp decrease in incidents of harassment and campus-related antisemitic events in Arizona. But, incidents of assault and vandalism increased, both of which increased nationally, ADL found. "We are particularly concerned about the rise in antisemitic vandalism and the return of assaults, which speak to a dangerous normalization of hate," said Sarah Kader, the deputy regional director for ADL, in a news release. "Every incident is one too many, and Jewish communities across Arizona deserve to feel safe in their schools, neighborhoods and places of worship." ADL noted that their methods were "careful to not conflate general criticism of Israel or anti-Israel activism with antisemitism." Here's what the report said. According to data compiled by ADL, incidents of antisemitic assault in Arizona increased from 0 in 2023 to 2 in 2024. There was one assault each in 2019 and 2022 and none in 2020 and 2021. The report said assaults were defined as cases where Jewish people or those perceived to be Jewish were targeted with physical violence accompanied by evidence of antisemitic motives. Incidents of vandalism in Arizona increased by 18%, matching nationwide trends. There were 26 reported incidents of vandalism in 2024, up from 22 in 2023. The report also noted that incidents of antisemitic harassment fell from 141 to 42, and campus-related antisemitic incidents decreased by 33%. 'These numbers are a stark reminder that while there are some encouraging signs, like the drop in harassment, antisemitism is far from behind us,' Kader said. ADL said there was a massive spike in antisemitic incidents following the events of Oct. 7, 2023, and that part of the nationwide increase in total incidents stemmed from the Hamas attack in Israel. There was a 5% increase in antisemitic incidents nationally, totaling 9,354. The majority of incidents were categorized as harassment or vandalism. ADL reported a total of 196 assaults, a 21% increase from 2023. The states with the highest numbers of incidents were California and New York, reporting 1,344 and 1,437, respectively. Their largest cities, Los Angeles and New York City, also reported the most incidents. There were 297 incidents in Los Angeles and 976 in New York City, according to ADL. More: 'Our world has stopped': Phoenix-area Jewish community grapples with antisemitism, identity This article originally appeared on Arizona Republic: Antisemitic incidents in Arizona decreased in 2024, report says
See - Sada Elbalad
01-04-2025
- Business
- See - Sada Elbalad
Egypt's Kader Factory, HAVELSAN to Co-Produce Advanced Unmanned Ground Vehicles
H-Tayea Egypt's Kader Advanced Industrial Factory, a subsidiary of the Arab Organization for Industrialization, has signed a landmark cooperation agreement with leading Turkish defense company HAVELSAN for the joint production of unmanned ground vehicles (UGVs). The agreement marks a significant step toward enhancing defense industrial capabilities and strategic collaboration between Egypt and Türkiye. Under the terms of the deal, advanced UGV systems—developed with Turkish engineering expertise—will be manufactured at Kader's facilities in Egypt. HAVELSAN will provide full technical support and licensing, facilitating technology transfer and deepening defense ties between the two nations. The agreement was signed by Major General Dr. Amr Abdel Aziz, Chairman of the Board of Kader Factory, and Şevket Ünal, Deputy General Manager of HAVELSAN, with the presence of Ambassador Salih Mutlu Şen, Türkiye's envoy to Cairo. This partnership positions Egypt as a regional hub for unmanned systems production while leveraging HAVELSAN's proven capabilities in autonomous technologies. The Turkish defense giant is known for its innovations in artificial intelligence, swarm intelligence, mission management systems, sensor integration, and real-time data processing—technologies that will now be applied in Egypt's local manufacturing ecosystem. 'This cooperation represents not only a transfer of technology but also a sharing of expertise and strategic vision,' said HAVELSAN Deputy General Manager Şevket Ünal. 'We are proud to be co-producing advanced unmanned ground vehicles with our Egyptian partners. This partnership marks a significant step forward in strengthening the defense capabilities of both nations.' Ambassador Salih Mutlu Şen praised Kader's production quality and technological readiness, calling the agreement 'the beginning of a long-term strategic partnership' between HAVELSAN and Egypt's defense industry. The joint production will support various military and security missions, including reconnaissance, surveillance, border protection, and logistics support, across different terrains and conditions. It also aligns with Egypt's broader strategy to localize advanced defense manufacturing and build regional industrial leadership in high-tech systems. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) News Israeli PM Diagnosed with Stage 3 Prostate Cancer Lifestyle Maguy Farah Reveals 2025 Expectations for Pisces News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers
