washington brings down the street and especially at a time with need of what we try to answer those questions present to is not. so i need to see if i have a listen to this one. the problem is, you know, it's going to stop enough, is enough, it cannot continue like this. the country is much more important than any group of people. we might have done to it as a nation, protect our nation, and make sure that can, is that democrats, the full foundation has denied the claims by the canyon government. but considering the fact that to this is now a global issue. present futures, waste and allies might have an important vote to play in this respect to they might have to issue a statement as busy as they are because of the populace and with the organization now will choose by the president if they are expected to use the access to, to, to cool for some sort of restraint, noting that their own reputations implicated at this point the head of the u. s. secret service has taken full responsibility. will shingles,

the agencies, the most significant failure that is the failure to prevent the attempted assassination of dogs? i'm actually made those comments j and officially inquiry into the is a is asked nation attempt, a former president, donald trump on july. 13th is the most significant operational failure of the secret service. in decades, the secret service of solemn mission is to protect our nation's leaders. on july, 13th, we failed as the director of the united states secret service. i take full responsibility for any security lapse of our agency while i run some of this is out was the target company with us 8 or on the international will be back in 30 minutes. we'll see you then the

i think it mentioned investment in, you know, in years on a role as well. i mean, there is no, nobody wants to be left behind. or we have some of the most successful multinational companies i knew in what the same company is. i'm not for me, this kind of money in china, and i think as i always felt, i was a bit of a full, efficient and bully that there was people are, they were just waiting for me to feed maybe to, you know, i mean the mention the fact, i mean, most of my career i've spent positioning in deal because i worked with foreign bags and a lot of my work was trying to brings capital interest you the to hello and welcome. my name is on a problem to beg them to my show in this double and an uncertain world of today the focus now more than ever is on india bought

a guess today is the form of the country head of at sbc in the next president of the federation of ending chambers of commerce and industry, not allow kid. why isn't indian banker chartered accountants and business executive . she was not only the 1st indian woman to get an m, b, a from harvard business, but also the 1st one to lead a foreign thing in india. and she has served on various boards and has been involved in the numerous role as an advisor for the indian government, including the prime ministers, trade and industry council, and 2013. she was awarded the pod, much tree, one of india's highest civilian honors for her contributions to trade and industry . and nina is a strong advocate for ginger diversity in the workplace and is deeply involved in philanthropic activities, particularly in the fields of health care and sanitation coming in a lot of good. thank to incident on it to be here with you today. no,

i'm so happy. i'm so happy that you have come. you come from a legacy family. what was it like growing up? well, i would love to say that i was fortunate to have of a progressive parents of father and mother who delighted in the achievement of mine and my sister who went on tools to become india is needing golfer. and as students, one of india is needing a coaches in gauze and that are janelle body. and in my case, my sort of trajectory much more into the finance of my father was the you of an insurance company. so she took the golfing gmc, was an absolute because fanatic, and i took his financial jeans. oh, and i think the listen for a lot of us is how important father is in the she think of us goes as we go up itself and just lift mothers, it's left to y to families because the funds are busy of their working. but i put

together a book, kind of go to the women and paul. okay. their voice has their stories and almost with one voice. every one of these women itchy, was the biggest influence in their life, was their father's. and what was the strict in his teachings? annoyingly to you or was he affectionate? loving. how is it? a man of great integrity, very busy, affectionate, but not physically, demonstrably solved boy of his day for me. and though i had a lot of influences the that was a not content in nature. so at every stage of my career, particularly, i wanted to go off to do an m b a at the harvard business school, up until will detractors and sort of tried to influence my mother into, you know, she's just 22 years old and i'm gonna send her off to the us, you know, she's never come back a she get married to fun or not to visitors, all of this nonsense. and i, luckily, luckily had a father who understood my aspirations for myself and the mother who didn't let any

of this get in the week. and the good part of it is because i had all these nice sets of how it was going to be a waste of money and time that so i was out to prove them wrong to do it all. so it's head sometimes to have those negative influence for us because they can become big positives in light. and you're the 1st one to go to harvard business school. how is it being and, and then women in less than 1982. huh. well, you know, i didn't go there knowing i was before stove one month into the school having started i was someone to the office and i thought, oh my god, those men exactly. okay. i don't know what have i done and they was, they gave me a little check and they said you were the 1st indian woman and you know, the business school is amazing. so, so that's how i lot about it. when i was there in the eighty's. so this was 90 to 3 to 2. it was very little news in india and for the email there was no television. those days you relied on newspapers. the only reporting on india was about fathers

and floods and poverty. and we have a scene as a nation of sneak thomas and effects on not for what we are doing today. oh, so a lot of energy and time on my part, you mentioned to educating my classmates in to what we are about. and the 2 visas that they used to be taught at the harvard business school and the 2 and a half cases that they had at the time. where is, is how colquitt struck toto into an id and had to leave and deal in the days when we would, because with the cetera dad oceans the fire of change regulation act with indian companies. right. foreign companies were not allowed to hold more than 40 percent, so it was a very negative treatment and understanding of india even at the business school today. that same business school has a research center in, in do and let's name cases and some of the important clauses happened on indian cases. i mean, most of my career i've spent positioning in deal because i worked with foreign

banks and a lot of our workforce trying to bring capital into india. and it used to be in a post story trying to sell the india story, you know, 2515 years ago. what do you think the perception changed? because if we can get to new york, they're becoming more educated about a deal with both both. so can you the letter to me the letter to and read to became a lot of clicked on friend the to 1st happy to to, to the the, the big change in 1992. i mean in the opened up yes. and with that opening came uh, a marketing of in deal abroad, the desire to bring capitalist into india, both in terms of what we call for an institutional investors into our capital markets. but also the foreign direct investment companies being actually invited to come in. and with that change, i think we've been able to ensure that those that have come has made good money, have stayed hill. we have some of the most successful merchant actually companies

and you into what the same company is. i'm not going to have this kind of money in china. we look at the success stories and some things like geneva or in india in this non deavers and the scale of the engine operation, which is, you know, using the a quarter of what's needed globally, or even bags like i worked with a, with india. i was amongst the top 5 even when i will see you of the bank, the top 5 and the hsbc system in terms of profit and performance. and equally to do, you know, maybe rising to be amongst the top treat. so the subsidies that are in deal in successful m. n c's, a very important subsidiaries of the multinational companies and the success stories that's what's my of it. so see what it is they can do it. so can we, right? and so we can get more and more of the excitement to come in and invest in our story. and right now in gears on the road, i mean there is no, nobody wants to be left behind, excuse me, to be

a really beautiful point in our history, which we must practice with both hands. i totally agree with you. what you went into banking house, chauvinistic, was the enlightenment when you started. well, you know, i, i have to see that. i don't see that i was discriminated. ok in any way. i think the business school degree helped me because it was sort of a top of great ability. of course, i was also fortunate to be working in investment banking. me where you kind of sink or swim based on the data to do it's very obvious for succeed what he told me. so it was hard for bosses to dispute what you had done because it was your dean and nobody else could. you really came credit for it. so i think for these factors helped me if at all there was sort of stream which was much more of an india in the corporate world. it was a hierarchy to me and that tends to go more to age. so if you'd be young, was creating more of a challenge and trying to move it into what was

a matter of dr. see, to get rewarded for which one did not for the age that just went in the company was fuzzy. more of a challenge than the agenda thing. so what was your driving force? what was it that does make you go for it? i just felt every time i met other people and who was successful in good, i did with many listen, seem to know me. and i would often think when, if he or she would do it in prison more he's been, she's been why not i, what does it take me to be there? the big driving force, of course, often was denise is the people who would say, oh, i mean, you know, she's human. so she's a lightweight or the own codes and had said in the past that education is we still energy and time. she has to get them married, so it's nice here at every stage that i guess have an order to be competitive. i paid a lot of sports out of the outlet to it shows your favorite is good, but i,

i paid basketball for the school for the state. i played badminton for the school in state. uh so yeah, so primarily those 2 davis but then monday i gave them up soon after college. oh, but the competitiveness of knowing what it seems like when i was staying with me and i think that drove it to that it was always a little bit of i can get the if i want to, if i will cod. and there was always encouragement at the home front to help me or drive my says into directions that i felt really important for me to all, to do, dealing with feelings in early stages of your life. very bad, very bad thing, because you feel as juvenile and you're very insecure and unsure of your sense. as a young person, you may not show it, but you just start and the feel seems like this has to collapse. this is doing, steve, and i think is a woman's, i always felt i was a bit of

a vision and bullied that there was people are, they were just waiting for me to feed maybe towards, you know, i mean, women shouldn't be bank. so let's see your friends that you sort of let down on a home and kind of not just just says i'm that put a hell of a lot of stream on one. so i see if i hadn't had that i might have had more fun than i had the pleasure to seriously in the prospect. but uh, i think at the end of the the lunch at the, again, my father was a big thoughts with an influence to healy, helped me understand that celia was orders and listen. i'm going forward of it. it was only a feeling if i didn't know what the lesson was. and some of the most interesting turning points in like 3 of a points with which look like. feel like when i look back actually shaped, which was a very important mix. still, vickers. so my says, how does the banking and cooperate in this evening get changed over the past few

decades of how i go about. i mean, look, when i entered the industry, we made of fortunes on sarah dilution, which was companies that i knew they share as in india and going out to be it's absolutely the way we want companies to come into india. when i started my career, we did not have 2 stock exchanges. the bone based off the exchange was refusing to change with the times to improve us had any issues the ideal of setting up a new stock exchange, an interest or the in that seat. yes. come up because we just could not get the order to change. so the initially came in and sort of which of the of them is still function and that for the moment stuff has changed to change. we had stocks, shares, certificates, which will filed up invoice. you put in move for myers because of the people that to which has been the whole stock exchange corporation of india. maybe had every

certificate had to actually move and can just visit with mode. and we had a lot of scans as a result. you know, the duplicate certificates floating around with it was so much that was different, but we were able to bring a lot of change of views with the difficulty that we would bring $400.00 cores and to the, you know, the 1000 towards us from an l i c here which show that market has already absorbed . so the scale of what we are able to absorb to be an adult with a name deal. because people like you and me of putting on money into the stock market and putting it into mutual funds and these funds now buying these shares, right. which otherwise we used to wait for foreign capital to buy. i remember when we were looking to do a 100 deal bond for lines industries when i was at morgan sandy and no other firm had done this in india. and we struggled to make sure that it could get off the

ground and really reliance with really do it. and it did, but from day to maybe up to date in terms of addictions that's happening in the markets. so it's not just in a quick story for us, we need to do more. but the success of our capital markets, the steals on banks and i, c, i, c, h, e, a, c, d, 's, banks to deem did not exist as banks, right? when i started my career, i see i see i was a project financing institution. immediately put the money in which bank due to in terms of equity. yeah. you know, because i work for bank, we didn't invest in stock. so my principal of this was no conflict, so i only have invested in mutual funds. i didn't trade on the stock market. and what do you think are the advantages of india as an insect that today? the advantages of, i think the biggest advantages derives from the high savings rates and the lot punchy me. but also from the fact that we now have work and us launch bags. and

this is particularly true of the private sector banks, the strength of the i. c, c, as each day of c's actually is particularly hundreds. these banks coming to the system. also the scale of a state bank, the window, and the public sector backs. uh, if at all i have some of his vision and seeing that it is absolutely the id, the banking system. it is that we have to treat board as of a banking system is with public sector banks. and i would certainly like to see some of that shareholders do it sort of dilute down either to what was being promised as some privatization or to the group of the private sector doesn't have to meet some shrinkage on one side can be to growth. and the other so that we get a little more balance into the system. but so this, this principle of bags today, the no not performing assets or not in very good shape. so next question is very important for me personally. what should indians invest in today to be digital

model? yeah, i think it's an investment in new. of course, it's not about investing abroad. and these, fortunately limited money, but in the school abroad. i think for each of us, it is uh uh, at one level, of course, if i can go away from financial markets, it's education, it's a culture out. it's everything that is the south side of india, which actually is football foot in a global context. i mean, it is not for bollywood. and before we even known for anything, we were doing the financial moccasins. quite honestly. yeah. i mean, even in china and russia, you name these countries in india was known for the films it was making. oh for odd for that it was not becoming a softball. means we were known that oh yeah, for them i liked the snake john was in there. yeah. and they thought they didn't send it might only about dancing that on the trees and things like that. yeah, it is. and before the good excited them about in dallas it's poverty and cinema.

yeah. it's uh, you know, it's, you know, they expect for it and they said something like the use of to do 3 isn't. yeah. yeah. and they would classics. they what amazing but yeah i, i feel that the send them off in the and it presented outside should be cinema in the afternoon. yeah. i'll prove i've had some of that is coming to it. is it? does it seem yes, a lot more thoughtful and it's so important because it is a fortune of what india is today. yeah. and i think if we can continue to invest in all of it, the question was what you would find design invest into w h to model. yeah. so i think we have the state. ok, so even though it was the land in short supply and just the sure special population, but we have to have, i think about in sports. and so the idea would be, you know, maybe a put in your industry to put in debt in simmons. i put in the equity and a little bit and maybe the commodity markets like for that. so just so you end up

with this balance portfolio and i would say it's best to do it for mutual funds. and that's what's really happening. people are investing to fix and that vote of money is helping in do because even when do with capital went out, this is the flows time in history. that wind blew this capital markets reacted with money leaving in deal. we did not see our stuff markets because we had enough of domestic savings coming through these slips and the buying that is happening into our mutual funds. so our mutual funds through the gap before it and as an opportunity to buy a share price as fit. and this is what we call in the mature market. it's domestic saving, domestic money, which is there has been profile pa markets. we have not over dependence on foreign capital it the more how much is the role of the government and doing that, i would like to say it's really, there's a lot of companies that companies have to do with the system of markets to grow up

and government can shout from the rooftops, but in my company's going to where it's no markets won't go up, but the government creates an ecosystem for the companies to do it. right. the government has to create an ego system where it's regulations don't keep jumping and changing, which makes it hard for them. the one and the corporate sector to keep up, but also for investors to have to understand the tax and the payments. and we did a lot of shopping and changing which put all foreign capital because they just put an understand tax the on the point. and there was too much litigation, their own tax, which means a lot of foreign capital unhappy. and we do have some dependency on private equity, which is money that comes in in large chunks into our companies, and then going to need for an institutional investors investing here. and we have to say good bye to the james. like for the phone at the time, the tax mess we got us headed into with retrospective taxation and the heart of the reputation recreated progressive with the practice. we could come in with rich

retrospective tax. so visa, hard lessons and lessons been known by us and which i'm sure we've been non compete as in do some government rules. it has to be about fan is a just is a quick resolution of problems lending a hill to things that are not so happening. being able to solve for that, making sure that they play a very fast system that we don't create an on even playing fields full in favor of some use of the others. as though they knew that corporate just do what they do best, which is the run they companies, they make sure that they create with the make sure that they're good community spirited corporate. and if they don't do it right here, one of them, oh, you make sure that they get find them he gets to, to add that there in the justice system has appeared with so what government in this and not institutions, which would be the strength of it and get tomorrow one to so how important is the

corporate is social responsibility initiative? the csr. so it's very important. i think when csr 1st came in that to be taught who, how did it come in? just as human as legislation or having said that there was a village tradition among indian companies in giving yes. like does bill. uh yeah, that they have for very long even without regulation, you know, being give us into society. mm hm. what did change was when became a regular nation, that those that weren't in there had to know thoughts with 2 percent of their profits into areas that were important in terms of community and community development. i think it gave a whole new focus to the big companies for themselves. and many companies initially just throw checks between jews and they began to feel to be sure to more. so the engagement of companies in actually monitoring and working down at the grassroots

began to change. and in fact, one of the areas i'm working in now, which is inside edition with the ministry of drinking water and sanitation so that you can just send additional coordination, which is an engineer which i started. and what we're doing big is, with the corporate sector of going in and adopting models, images down at the grassroots where the government has said, we don't need your money if the corporate so we don't need to money. we have enough money sitting in the system to help these villages become model villages. the ones you're in the corporate sector to adult. these villages to make sure that we can take all of the boxes of what goes into a model village. and then you can just make sure the execution happens. we've had the 1st in corporate to come forward in this program. they've adopted these villages to make sure that they become one of the villages and the next phase of

the program. we have another 50 culprits coming and saying, hey, we liked the success of what we seen. this is a public private partnership. we would love to play a role to hasn't come and spend money in segmentation and water in the villages. it'd be bulkhead or the village of the sound of factories or the villages that are open to us. and so it's a national program. and i think this is what we want, that every citizen in rico print takes the responsibility to make sure that money that needs to be spent in particular ways and then money that's sitting there and on getting spends, get spent. so tell us about the invest in addition coalition and the impact it has had. so my work is really sanitation for to inbox, bring it in, in a very big way. as you can imagine, want to is such an important subject for women. but the area we work, it is really more to do with the bringing what was initially this, what part of emissions program. and i started in defend the disciplines in just 6

months before the prime minister now is the 1st part of the machine. so just to look at, we moved from behavior change and toilet building seemed bit annoying. let's make sure people use them. your get them to make the toilets. but now it's a lot about treatment that what goes into the, to and it needs to be treated otherwise. goes right back into the fee, it right back into the water bodies right back into our rivers. untreated. and it's the same mess might relate people who missed it up in the 1st place. yes. for the treatment side of it is very important in the government or the huge program on that too. and the mommy's on the along the countries. but also at each village level how, how the seat, the rece, the comes from the door and how do we recover what, how, which is called the resource recovery program at no cost decrease management. i mean the last to, every way, it's also just thoughts. it's something that if we can, donal, it can be reused, it can be used for fewer, it can be used for recycling. it can be used in methods which we have yet to

discover. but what do we do? we shifted every way rather than collected in a way that they can be used. so this journey find is going to be a very important one on how the cover at the site and waste everything with it sewage that there is water, whether it's plastic so that we can really have a clean, hygienic, in deal one way beyond fully sick. all the time, i mean women benefit in particular because via the caregivers, the other ones left to stay at home, low cost at 600 and the other ones have to fetch water for miles. and at the end of the day, just of the proud of the nation, we have because it would be a clean and dream in do so. apart from your father, who has been your or would margaret or mentors or if i may ask is what so many so many because to life one doesn't just learn from one person. yes. if every person

one comes in contact with, i mean i learned from my executive assistant who at the height of the rights and mom be made. and we were the only thing advise not to come to office and i was in the senior road. i don't have to walk off the we go to office to find that my executive assistant today and she come from band of so you know, november all the way down to the 4th a veil and leaving a tier to a child with a neighbor. and i was like, what on earth think you're doing help? but do you need the chief search was he i put you would be you and you would need me. i mean, i was like this. she had every excuse not to come, which is here. and people like huh, but i think it's an individual who brings it all to that like the, the, i think people just bear with me a little i'm sure. i'm sure. yeah, but i don't think it's when we chatted, but she had to hold of her boss. see what, i'm not on the head that i would like to read the motion. we have color to fill

that side but, but so what i'm doing and then i would like to think twice about what am i trying to do coming to office? i mean, i came in check that came with my think good. so if i have to run back home, i'm going to get back up and wondering why i'm doing this. and i mean, look at the lesson. she said, so i think we take lessons every day from so lots of the baby would say, well, i know it, your goal is, you know, and you see, and you come back with the such enforcement of thoughts of what you want to me. so yeah, i think mendoza, many, many have entered into the thinking that a lot of good, right. thank you so much and thank you for watching. and joining me next week for another dripping conversation and let's go to the product. i'm assuming the,

[000:00:00;00] the destination attempt, a former president, donald trump, on july 13th is the most significant operational failure, the secret service in decades. but of, of the u. s. secret service admits the $1010.00 assessment, asian of donald trump was an autumn president. vs goes by her agency as she faces questions about the incident. i'm the mom for her to resign. the slightest is deafening. there's still no address to the nation from joe barton. the day off the he quits the presidential race. as as many as the spades he was forced