Donald Trump’s Interest in Indian Business Raised Many Questions- Business News in Hindi

The US president- Donald Trump has shown interest in Indian business and several other countries, which has become the latest Business News in Hindi. Earlier in 2012 as well, Donald Trump visited India and met Chief Minister of Maharashtra- Prithviraj Chauhan to get approval of Trump Organization project in India. He also met three Indian real estate investors to construct luxury apartment complex in South Mumbai under the Trump brand. The meeting with these investors took place in Manhattan, New York. But the resources confirmed that it was a usual meeting and they flew from India to congratulate Trump on his victory. 

The business interest shown by Donald Trump in Indian and other countries market has raised many questions. He wants to associate with corporate businesses, which may cause problem for democracy. Furthermore, it has also come to the forefront that Donald Trump also got in touch with Ireland and Scotland to start gold courses under the name of Trump. Trump organization wanted to build a flood resistant sea wall on the Irish Coast.

In Turkey, Trump has its name embarked on the famous Trump towers. Recently, Turkish President Recep Tayyip Erdogan, who is himself a conservative Muslim, has ordered to remove Trump’s name from Trump towers in the country. Donald has also confessed that he has a major building in Istanbul as well. It can be said that strategy of Donald Trump is to rule the world through his different ventures. He is keeping eye on the prominent countries of the world, where he can invest. Certainly, the interest of Donald Trump to invest in the business of the different countries has raised many questions. 

Donald Trump has recently won 2016 elections against Hillary Clinton. He has become the president of the United States of America after Barack Obama. For more business, political or Entertainment News India, stay tuned with us.

Latest Business News in Hindi- China Overtakes Indian Economy

There is no second thought to be given to the fact that India has an established Chinese market, which is the latest Business News in Hindi. There are many firms and companies that have become big investors in India. According to the latest data as collected by Mumbai based Directi, founded by Divyabk Turakhia and Bhavin, it has been come to forefront that China based firm- Beijing Miteno Communication Technology has made biggest acquisition in the technology startup worth $900 million. On the other side, Ecommerce giant’s Alibaba and made large investments in the India established businesses- Paytm and Snapdeal.

This is not sufficient, but Didi Chuxing has invested in Ola. Recently, Tencent, which is another Internet giant, has led $175 million funding in Hike- which is a messaging app. Previous to it, $90 million were invested in healthcare solutions firm- Practo. Talking about the sports industry, Chinese players also have experience in the market creation and are running successful digital companies. It can be said that they are also financial investors. Bhavin Turakhia said that these circumstances are due to the fact that Chinese market understands that Indian market is better than US companies. India can also do the same but it is about 5 to 10 years behind. 

Majority of the Chinese companies also have funds in the Indian start-ups and this is another reason for the growing economy of the nation. One of the leading and largest online travel companies of China- Ctrip, has invested around $180 million in MakeMyTrip. Another largest Chinese company- Hillhouse capital has also invested in CarDekho. The leading mobile company of China- Xiaomi led around $25 million funding in Hungama, which is a Digital Media Entertainment application. Since china is aggressively participating in the India based ventures, which is the major reason of the growing economy of the China. To beat the competition, India will take another 5-10 years. For more sports, business or Technology News India, stay tuned with us.

Latest Indian business news- Vodafone Cuts India Unit Valuation

The leading mobile group of India- Vodafone faced toughest competition from the Reliance group, soon after the launch of Reliance Jio in the market. Not only Vodafone, but all the major mobile and data service provider of the nation have suffered losses after the introduction of Reliance Jio in the Indian market. Vodafone has racked $5 billion in losses in the first half. This latest Indian Business News is, Vodafone’s loss after paying income tax rose to 5.1 billion euros in the last six months as compared to the net loss of 2.5 billion euros in one year earlier. The Vodafone group said that increased losses in the past six months are due to increased competition in the Indian market. 

The competition and pressure has increased ever since the launch of commercial operations by Mukesh Ambani. Since Reliance Jio has been offering cheap data and free voice services, which has led other Telecom companies to cut their costs and this is the main reason why mobile companies are facing huge losses. The pricing strategy of Jio is leading other mobile companies to put their market shares at risk. This will definitely have impact on the profitability in the long term, said Rishi Tejpal- analyst at Gartner Inc.

Chief executive at Vodafone- Vittorio Colao said that competition has increased in the recent year, which has also reduced revenue growth and profitability. The stiff competition between the mobile companies is making other companies reduce their data and voice plans, which is why they are facing huge losses. The chairman of Vodafone also said that they will continue with IPO of Vodafone India as soon as market conditions returns to normal. Vodafone has 4G presence in 9/22 telecom circles in India. 

Let’s wish the market trends and conditions in the telecom industry returns to normal so that all the telecom companies can have a sigh of relief. For Latest News India, stay tuned with us.

Narendra Modi Started ‘Say No To Black Money’ Program

The latest sensation that has been hitting the nation is the strong yet powerful step taken by Prime Minister Narendra Modi to end corruption and black money. On Tuesday, Narendra Modi announced the withdrawal of Rs 500 and Rs 1000 notes and such notes will become “mere paper”. The step taken by Prime Minister Narendra Modi is applaudable but results are still to be seen that if it will really impact ‘big fishes’ in the market. 

It has been announced that individuals can exchange Rs 500 and Rs 1,000 notes that they possess within 50 days i.e from 10th November, 2016 t0 30th December, 2016. The banks and ATM’s will remain close for the duration of some period of time so that transaction does not place. 

Those who are not aware must know that this is not the first time Government of India has taken a lead step to control corruption and black money. In 1978, Prime Minister Morarji Desai demonetised currency notes of Rs 1000, Rs 5000 and Rs 10,000. In the present time as well, the denomination of Rs 500 and Rs 1,000 have become illegal. It has definitely led to confusion and chaotic situation among the people of India. 

The entire nation is supporting Narendra Modi for what he has done and hoping that it will definitely eradicate corruption and black money from roots. But since, every system has certain loopholes, let’s see how far this idea and step goes. Now the question arises, that blackmoney holders must not have piled huge amounts of black money in cash, but must have invested somewhere. They might have deposited their money in the Swiss money or invested in gold or properties. 

The outcomes of this decision are yet to come but definitely it has created confusion among the people. We support the decision of the honourable Prime Minister Narendra Modi and give him best wishes that he succeeds in his attempt.

Schools in Delhi to Remain Close for 3 Days Due to Pollution

Since pollution is the main concern of every nation, and it has become the need of the hour to deal with the issue. The capital city of India- New Delhi experiences bad pollution and after Diwali, pollution levels in Delhi are increasing at an alarming rate. The Chief Minister of New Delhi, last week called off an emergency meeting to discuss preventive measures to be taken to control pollution levels. 

Arvind Kejriwal has ordered odd-even scheme and preparation are going to start for it very soon. He highlighted the various issues that are leading to increased pollution levels in the state. One of the main reason was, crop burning in the neighbouring states. Talking about the solutions, Mr. Kejriwal has announced that schools in Delhi will remain close for 3 days. Moreover, any kind of construction work will not be allowed in the city for the next 10 days and use of generator sets will be banned as well. He also added that water will be sprinkled on the roads and vacuum cleaning will be carried out on the 100 feet wide roads. He also ordered that burning of the leaves will not be allowed and if done, the salaries of the concerned officers will be deducted. In addition to all these measures, Mr. Kejriwal also said that he will seek centre’s help and have asked for artificial rains through helicopter and cloud seeding. 

The Chief Minister of Delhi- Mr. Kejriwal is serious about the increasing pollution levels in the city and need the help of the centre government to deal with the issue. Apart from these efforts, we all need to come together and help in controlling the pollution as it is the major cause of global warming.

Manmeet Alisher's Brutal Killing in Brisbane led Everyone Shocked and Surprised

A young Indian immigrant has been burnt to death in Brisbane, Australia, which is the latest trending news these days. Manmeet Alisher, who was prominent im Punjabi community, last week was burnt to death when a passenger threw some inflammable liquid on him. Last week on Friday, bus driver Manmeet Alisher opened push door on Moorooka bus stop so that more passengers could board. Suddenly a passenger took out deadly device and threw it on Manmeet. Suddenly smoke filled in the bus. Passing taxi driver opened the back door of the bus so that passengers could escape but manmeet did not. The attacker Mark Anthony , 48 years has been arrested with the charges of murder. But no visible motive of the murderer has been come to the forefront.

Police has ruled out links to terrorism, and moreover no clear motive of the racism and hatism can be found. But the family of Alisher is not convinced yet. Addressing the media, Amit Alisher, brother of Manmeet Alisher said that they would like to see the due process and trust that justice will prevail as they have faith in the Australian system. Similar cases of hatism and racism were reported back in 2009, when many young Indian migrants were killed.

The prime minister of India- Narendra Modi had a telephone conversation with the Australian authorities which has given a sense of concern about the brutal killing of Manmeet in Brisbane, Australia. The close friend of Manmeet told that the community is working to send his body back to India where his ailing parents live. His mother has many heart problems and his father is too old. They have not revealed the death of Alisher to them untill the body of Alisher reaches India. Manmeet's brutal killing has certainly rose many questions that are yet to be answered.