Articles
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2 weeks ago |
channelnewsasia.com | Rebecca Bundhun
Muslim organisations and opposition parties in India are fighting a new law on how properties donated by Muslims are managed in the country. The government has said the Waqf Amendment Act will help to reduce corruption and mismanagement. Petitions challenging the law have been pouring into the Supreme Court, and a hearing is scheduled for next week. The government said there are more than 872,000 waqf properties in India worth an estimated US$14 billion. Rebecca Bundhun reports from Mumbai.
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3 weeks ago |
channelnewsasia.com | Rebecca Bundhun
South and Southeast Asian leaders are in Thailand this week for a trade and security summit, with US tariffs and the Myanmar earthquake likely to top the agenda. This is the first BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) summit to be held in person since 2018. Scheduled bilateral talks include a meeting between the prime ministers of India and Thailand. Rebecca Bundhun reports.
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1 month ago |
channelnewsasia.com | Rebecca Bundhun |Calvin Yang
MUMBAI: India is hedging its bets when it comes to its future energy strategy. The country is investing heavily in renewable energy such as solar and wind power, but also wants to produce and purchase more oil and gas. In the western state of Gujarat, for instance, rows of solar panels stretching over 500km have been installed over the Narmada Canal - the second-longest canal in India.
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1 month ago |
channelnewsasia.com | Rebecca Bundhun
India is hedging its bets when it comes to its future energy strategy. On one hand, it is investing heavily in renewable energy such as solar and wind power. On the other, it wants to produce and purchase more oil and gas. Rebecca Bundhun drills down into what this means for India's energy transition.
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1 month ago |
channelnewsasia.com | Rebecca Bundhun
India may be home to 1.4 billion people, but around a billion of them do not have enough money to spend on discretionary goods or services, according to a new report released by venture capital firm Blume Ventures last month. Another 300 million fall under the "aspirant class", who largely spend on small-ticket purchases, such as clothing. Only 140 million people — or 10% of the population — make up the "consuming class" in India, with sufficient disposable income for discretionary spending.
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