sophie: -- this is bloomberg. ♪ yvonne: that is mumbai at the moment -- rishaad: that is mumbai at thet the nifty, which is likely to be dragged down. we went out to the open in five minutes from now. rising vaccinations and the gradual reopening of its economy helping real estate investment make a comeback. getting employees back to their workplaces. yvonne: no more remote. no more working from home. our next guest runs of the largest real estate developers in india. joining us exclusively for mobile. -- from mumbai. the carpets are starting to get back to work, -- the corporate's are starting to get back to work. when are you expecting 100% occupancy and what cities are you seeing the highest occupancy rate? >> commercial real estate, 90% is tech companies. 10 companies have been the slowest ramping up occupancies. domestic india has taken 90% back from tech. starting first quarter next year, we will see that ramping up to. with the aggressive -- ramping up. host of the workforce in india vaccinated completely. that is what is driving them back quickly. rishaad: the last time we talk

rana ayyub in mumbai, welcome to hardtalk. thank you so much for having me, stephen.t's a pleasure having you on the show. at the last count, and it's a little confusing, but the last count, i think you are now facing four different legal actions. given the legal constraints upon you right now, has your voice, in effect, been silenced? well, that's the intention, stephen, to silence my voice. unfortunately, the government has not been victorious on that count. neither has it been victorious over the last 15 years of myjournalism, when it has literally tried every tool in the book to silence my voice and myjournalism. at this point of time, four cases, two by uttar pradesh police, one by the income tax department, one by the enforcement directorate, and i'm hoping many more to go, because that's the cost of speaking truth to power in india at a time when journalism and mainstream journalists in india are self—censoring themselves. but i've seen some reports suggesting your legal team have said that you better not leave mumbai, because if you do, you might well be detai

. ♪ >> mumbai, mumbai. four minutes to the trading day. futures opening down .3%. >> we are going to our next guest. hoping to transform global trade finance. looking to work with shipping lines and payment processes. they're hoping to help countries work on international finances. give us a sense of what you axley do. >> sure. take you for having me. we are into trade. our focus is to make global trade easier for smaller businesses around the world. specifically the work with small and medium-sized businesses. the specific problem is when it comes to cross-border trade transactions, it will take 60 or 90 days to get paid. that is how we look to solve our platform. many will be able to come on board, get a credit line. they can use that toward increasing their cross-border trade transaction. that is why we exist. rishaad: that is a very interesting level of analysis. when you look at invoices and accounts receivable and the duration, how have you been seeing that whole market evolving as we have had these supply chains constrained? >> sure

mumbai is in your state? yes, exactl . mumbai is in your state?ai is in your state? yes, exactly. in the _ mumbai is in your state? yes, exactly. in the past _ mumbai is in your state? yes, exactly. in the past year - mumbai is in your state? yes, exactly. in the past year we i mumbai is in your state? yes, i exactly. in the past year we have had to spend almost $2 billion in terms of compensation for events relating to climate change, hailstorms, thunderstorms, unseasonable rainfall, cloudburst, thatis unseasonable rainfall, cloudburst, that is in the last year, but in the last decade we have seen so many regions facing a drought for the first half of the decade, cloudburst and floods, so obviously climate is changing and we are facing the brunt of it. 51% urbanised, 43 cities with a huge population but we also have a mix of the rural economy with the industrialised state, so we are feeling the brunt and that is why we are keeping our ambition is high and trying to build resilience and also work with mitigation before we look at adaptation becaus

don't do off colored joke they go to mumbai and massacre hundreds of people and go to the synagogue andh twitter. but they went always for right of center voices. this isn't news. we all knew this we all knew that jack dorsey even as he more and more resembles somebody hold up in bora bora. [laughter] >> was somebody who didn't believe in the first amendment at all. they don't believe in the first amendment. they have no interest in the first amendment. what they have got an interest in is this. >> we have simple. people correcting other people's behavior for free and making twitter rich in the process. >> harris: the way you said that conjured the image of tom hanks on that island castaways, a ball that was falling apart wilson old friend. so, kennedy, you know, what's interesting about this is conservatives have yet figured out another place to go. and so twitter can't get people off the tweet, if you will, because there is no other platform like it or is there? are they missing something? >> no. if you try and create another platform, apple and amazon and google will make sure that n

it is going to extend further north, taking that rain to mumbai.state doesn't usually see rain at this time of year. further north, it is about dryer temperatures in new delhi, mid 20's. the air quality remaining unhealthy but lots of sunshine around. pakistan remains calm and collected and it is looking that way for much of east asia. for northern parts of china, snowstorms have blown east. the temperature has picked up. the sunshine for beijing and shanghai and for the korean peninsula and much of japan, with a temperature in tokyo at 18 degrees celsius. >> the weather,ponsored by cutter airways. >> tens of thousands of children are born into or lived under the isil regime in iraq and syria. now, many are in camps. either orphans or with their widowed mother's, rejected by their own communities. >> to think some people are going to welcome them after that, of course not. a new documentary hears their chilling stories. iraq's lost generation on al jazeera. ♪ >> you are watching al jazeera. a reminder of our top stories. polish police have fired wa

somebody who might be watching you, say, in mumbai, which has its own bounteous film industry, mightan isjust talking about a hollywood centric institution, is that the case? not the case at all. we're an international film museum, one of our galleries is devoted to pedro almodovar, one to bruce lee, one to chivo lubezki, fellini is featured in our oscars gallery. when you go into spike lee's gallery, you will learn about his influences, rossellini, de sica, melvin van peebles, so you'll see independent us moviemaking, hollywood us moviemaking and international moviemaking throughout our galleries. we think of this is a global museum. i think this is another void in film history that we're going to be filling, which is to think not just about hollywood's centrality in world cinema but, really, to take the concept of world cinema seriously. so our major exhibition on hayao miyazaki is the most extensive of its kind in north america, and we're really going to think about the ways that he has developed work that is grounded injapanese culture, but global in its appeal. our collaboration

from mumbai, the bbc�*s india correspondent yogita limaye reports.ir. he runs an organisation that was founded in 2000 — and for decades, it's been documenting instances of human rights violations by security forces in administered kashmir. the nature of the work that he does has put him at odds with notjust the current government in india, but with previous governments as well. with the current government, however, we've seen that they've taken a far more strident approach towards kashmir. in 2019, they revoked the relative economy that kashmir enjoyed. —— relative autonomy. thousands of people were put injail, in detention, communication was shut down. even in the past two years, there have been frequent internet shutdowns in the region. when you talk to locals, they say there's always a fear that someone is going to be picked up and put in jail, and they see this arrest as the latest in the longest of instances of crackdowns on democratic rights in kashmir. we've also seen outrage from global human rights activists who say this is an attempt to su

we headed delivery date of the second of december in mumbai, and we were waiting and waiting but thingss rushed to the warehouse near the airport at 6pm in the morning and on the streets, we delivered all the boxes and all the orders in time but i would not do it again. january the following year we started looking to a new supplier and over the period of the next ten months, we gave them small orders each month. now we divide our work, 20% to a backup supply, 80% occurrence current supplies are both of them are happy and they know what to expect. so always have a backup supplier, and train them stop even if it cost a bit more, go ahead and do it. there ou have more, go ahead and do it. there you have it. _ more, go ahead and do it. there you have it, some _ more, go ahead and do it. there you have it, some top _ more, go ahead and do it. there you have it, some top tips. - the omicron variant could add pressure to a chronic shortage of microchips used in car manufacturing, the boss of car giant nissan has warned. and prices of second—hand cars are rising at unprecedented rates accordin

and on friday, india's largest ever ipo starts trading in mumbai. >> and the reason i am here in singaporethe fourth annual bloomberg new economy form. it is happening throughout the week and we will witness face to face discussions among world leaders on topics related to climate, cities, and health. a particular focus is the growing u.s.-china divide and how the dynamics between the countries will evolve. resident joe biden and president xi will hold a virtual summit later today giving more clues on which direction the relationship will go. >> we will also be watching china's tech sector as we get earnings from its mega caps. there will be back to back reports from philly billy, baidu and on wednesday, alibaba's results. thursday -- and jd.com packs the week with its report on friday. it is your week ahead. >> tech stocks have taken a hit recently on stretched valuation concerns with worries over prices still high. our next guest says any inflation will cause more volatility. let's discuss with ubs financial services managing director. will the volatility lead to the equity rally being o

joining me now from mumbai is india business reporter nikhil inamdar. sally, this has pretty much been in the offing, the government, including the central bank is made uncomfortable with cryptocurrencies, particularly the impact they may have with india�*s macroeconomic stability. also the aggressive selling that has been happening and the high prices and high returns that have been promised —— to ban. mr modi said a week ago that he hoped that crypto would not fall into the wrong hands and spoil india. a lot of circumspection at the official level. what we have now seems essentially the legislative agenda being tabled ahead of the winter session of the parliament, where the crypto regulation bill is expected to come out. we would see the framework of the central bank digital currency, but perhaps more detail exactly how the government plans to define cryptocurrencies. i think that is what the industry is looking at. this is a sector that has been growing quite substantially. we have 15— 20 million crypto investors, about $6 billion has been invested,

. ♪ yvonne: a live look at mumbai.king pretty quiet as we count down to that open, just about less than six minutes away. we have been talking about digital companies in india who may have to rethink their ipo plans, even scaled-down their size after the fall of paytm. we are seeing gains of about .8% , so another third day of games after that dismal day. 17% on wednesday in that second session of gains, but still down significantly from that offering price. let's get more on insights on market sentiment and bring in the head of corporate coverage in india at bnp paribas. we have seen a little bit of stabilization in chairs, but i have to wonder, what are some of the lessons we have learned from this debut? >> good afternoon. clearly, it is difficult to comment on a single stock and we were not part of the transaction, so i would not be able to give a very expert opinion on this, but however, you can look at the broader market. we have seen record inflows this year. we have seen issuance, volume of more than $30 billio

i am from mumbai.k is music so important for artists or people in terms of giving them their voice and identity? >> music for me is emotion. it is hybrid. it's a confluence of so many influences. for me, the idea of being able to lock into different expressions, the culture expresses who i am. >> because the music has so much emotion, it's a great connector. it's the one thing that everybody on the planet can connect to and feel from their heart. the one thing that comes out of us that we can translate these feelings to everybody. >> for film, what is great is it allows me to layer up. by using a fused sound of music, then you add pictures and dome sound to it you get something very exciting. >> hello, my name is bruce and i am from south london. my question is for skin. being black and a woman, which one of these identities did you find more of a hindrance navigating a white male dominated industry such as using? >> that's interesting. it's impossible for me to separate those things. they are altogeth

the second and final test starts on friday in mumbai. patrick gearey reports.w. the challenge. tv, get me out of here if possible withdraw.— possible withdraw. the difficult throu . h possible withdraw. the difficult through the — possible withdraw. the difficult through the day, _ possible withdraw. the difficult through the day, well- possible withdraw. the difficult through the day, well some - possible withdraw. the difficult through the day, well some of| possible withdraw. the difficult - through the day, well some of their mainjob is to get through the day, well some of their main job is to get that last night but you saw is eating through went to lunch. even after some went all seems, then a sudden twist. it and bsn fat chance. wickets tumbled including pushing the captain, the star williamson. they knew what that meant. now new zealander up against it when he missed face, they had one week left wide an eight over us to survive. this was now claustrophobic cricket. every ball was a cliffhanger. they come to their defense and the hope that life might fad

coming to you from mumbai, we take the time to deliver a considered analysis of this country.ts people. in each episode, we are taking a close look at a specific facet of what has been the biggest crisis india has faced since independence. covid pandemic. this our fourth and final episode, we are examining the india health care sector that crumbled under the pressure of the second wave of covid-19. we will look at issues of insufficient investment in public health care, the shortage of oxygen in many parts of the country, and the vaccine policy. i will speak with the former secretary of health for the government of india and the national spokesperson of the pgp. at the close of this episode, there will be an x or from pandemic art, music created in india through the covid months. we are featuring punjabi indie singer -- ♪ >> in april and may, 2020 one, indian social media space was flooded with messages like these. ♪ >> the second wave of covid wrought havoc and it seemed the country's health care system was going under. on the first of may 2021, these were the tweets by hospi

>> well, john, this is india's largest ipo falling 27% on its trade in the mumbai exchange selling includetors, and warren buffett's berkshire hathaway, softbank according to a recent filing they sold about 10% of their positions. it's been losing money over the last three years that's raising questions around the valuation of 30 times sales compared to other fin tech companies and paypal and square and it's playing in a highly competitive market, and that's referenced by ceo doug mcmillin earlier this week on cnbc it is one of many going public in india as investors pivot away from china and soon, u.s. investors will have more exposure to these names as we get incorporated into etfs and they'll be debuting a new u.s.-listed india etf next year and the online delivery firm will list on msci. get ready. a number of more indian companies coming to market thanks, seema modi interesting day. the hill now reporting that senator manchin is looking favorably at powell after a chat we'll keep our eye on that let's get to the half. >> all right lots to watch today, carl. thanks so much welcome to "

mumbai is also extremely vulnerable to sea level rise. after several hundred years, but we make that choice right now. loath? after several hundred years, but we make that choice right now. why do ou think make that choice right now. why do you think it — make that choice right now. why do you think it is _ make that choice right now. why do you think it is so _ make that choice right now. why do you think it is so important - make that choice right now. why do you think it is so important to i you think it is so important to produce these visualisations? well, eo - le produce these visualisations? well, --eole are produce these visualisations? well, people are just _ produce these visualisations? well, people are just very _ produce these visualisations? well, people are just very visual. - produce these visualisations? -ii people are just very visual. when we talk about numbers, 1.5 degrees, two or three, talk about numbers, 1.5 degrees, two orthree, $100 talk about numbers, 1.5 degrees, two or three, $100 billion or talk about numbers,

let's go to the mumbai po chief. what are we expecting from this data? that they do have expectations above two decimal places. >> that is correct. the problem is after a four month time when inflation did ease, we are seeing that inflation is inspected to edge higher to 4.4%. that is probably the start of inflation. once again rebounding. bloomberg economics spiting inflation to rise above. that is where the problem starts. the price pressures have been rather sticky. this is primarily because the government decided to -- that had an impact on headline inflation. what we are now seeing is the second round impact from -- with everything from transportation to household budgets. it makes an important cocktail for entertainers. >> that is right. what will the rb idea from here? the policy will be hard to maintain. >> absolutely. what i think will happen is they are going to retain this. the next financial year is where the problem starts. growth does take a better foothold. these extreme era measures cannot remain in place. the central bank would have to d

this is bloomberg ♪ ♪ rishaad: that is the scene in mumbai. 29 degrees celsius.t the temperature as we have a global summit beginning with delegates agreeing to a groin -- avoid a climate catastrophe. coal burning representing -- many nations remain reliant. one of those is india which burns more coal than the united states and europe combined. thank you so much for joining us . cole was a big issue at the g20 meeting, the biggest bit of confrontation taking place. the move to becoming greener is a grind more than anything else. how does india incentivize people in order to achieve targets? guest: thank you so much for having me, that's a great question. i am so glad to talk about what we can do. the good news is as we have seen interest from a number of stakeholders, the government has -- owning -- shown an inclination. we have seen investments in battery development, solar and ev. the india climate collaborative has been working since early last year to get conversations moving. in fact, we hosted a series with some leading climate experts and industrialists an

. ♪ rishaad: a look at mumbai.ut six minutes before we get to the trading day underway in the indian financial capital. nifty futures contract suggesting we are seeing gains, alongside many parts of this where we have seen a turnaround. let's look at what investors will be watching for. we have the u.s. trade representative katherine tai in india for trade talks. also, a parliamentary panel for technology could adopt personal data protection in the meeting. and india will start covid-19 exports to the kovacs vaccine sharing body, all that according to a report in the economic times -- exports to the covax vaccine sharing body, all that according to a report in economic times. this legislation prompted angry street protests i farmers in the past year, this coming ahead of key provincial polls where farmers are inferential as a voting bloc. let's get to asia government reporter. a change of heart here. it occurred suddenly. repealed. tell us. >> yes. that's right. as you just said, india has a crucial elections next

. ♪ rishaad: you are looking at pictures at the moment of mumbai, looking at a part -- positive starty, given that everywhere else was a sea of red with the new variant of covid affecting sentiment. we will look at what else is out there. india prepares to introduce a much awaited cryptocurrency bill. narendra modi's administration racing to finalize legislation in time for the last parliamentary session of the year which starts today. india one of the fastest-growing markets for cryptocurrency trading. should investors be worried? how worried should they be? this is a cofounder of indio's first crypto unicorn. thank you for joining us. it is such a great area when it comes to crypto, how do you actually navigate this and is this legislation going are enough? >> it has been a great year for -- in india, it has been a great year for almost three years now. the bank of india first added this, but after this supreme court was in favor of the industry, the market has been growing exponentially for the past year. we have seen -- been on boarding thousands on a daily basis. the good thing i

. ♪ yvonne: we take a look at a live picture onto -- out of mumbai.out inflation what it means for economies like india. wholesale prices rose to a five-month high in october and increases in fuel costs, manufacture. what about the concerns of rising inflation pressures for firms which are trying to pass on the rising cost to consumers as domestic demand takes up -- picks up. haslinda: what will be rbi do now ? we bring in indranil sen gupta, an economist. he spent a decade at the reserve bank of india. you are a good one to be speaking to. what will the rbi do? can it afford to keep rates lower for longer >> yeah. i think the rbi will retain its stance but continue to withdrawal liquidity. which they have already begun to do. the cash reserve ratio. they have introduced more aggressive-- corporations. with the majority of the banks. we think they will be more aggressive -- for now. from april we think the rbi begins to raise rates. we see 100 basis points in the next fiscal year, which is 2022. point is that the threshold growth of maximizing inflati

. ♪ haslinda: you are looking at the city of mumbai. we have three minutes until the trading day..6%, pre-much in line with the rest of the region. rishaad: focusing on india and taking a look at the man who runs the country's biggest zinc and silver producer, as well as being the biggest zinc reducer by market value. we are getting over -- producer by market value. we are getting over to arun misra. thank you for joining us. you must have been really, really doing well earlier this year. we saw zinc prices up at one stage nearly 40%. still up about 18% since the start of the year. you have been coining it. arun: the prices have been good. that is only one part of the story. if i put it in the proper perspective, the world is turning its focus to sustainability. i see zinc as a solution for sustainability across the globe. it helps in maintaining government made infrastructure operate for much longer time than usual. in india, 20% of the railway line needs to be placed every year due to corrosion. we can stop that by making a galvanized. -- it galvanized. post-covid, we are experi

70% of its energy needs through fossil fuels can effectively go green our guest will join us from mumbaiur. you are watching bloomberg. ♪ haslinda: it is up 6/10 of 1%. the advisory panel is hosting its inaugural meeting in singapore this week we'll talk without an guest who is chairing the event. good to have you with us. good morning. which do you think are the key challenges faced by the region, especially in terms of decarbonization? guest: there are huge challenges but also opportunities. if you look at this, howdy accelerate sustainable infrastructure at scale? a fill ability, accessibility, technology, that will be a big thing. you gotta see how you can harvest that harness all this. you could see how to repurpose your existing infrastructure. you cannot build anything and. you gotta leverage synergies between things like energy and these are some of the challenges. haslinda: it all means a lot of funding to be inlet with the paris agreement. i am wondering if there is a figure and how much is needed for the infrastructure in the region to meet those challenges? guest: it is a hug

trump generated mumbai renting the list out to candidates at a steep cost.worth about $100 million. five days after that conversation with mcdaniel, trump backed down. on the late show with steven colbert last night, jonathan discussed photos he saw on january 6th. >> i got a hold of this photographer and i saw all the photographs. >> you saw? >> i saw all the photographs and it's wild to see that he was in a loading dock in an underground parking garage beneath the capitol complex, no place to sit and no desk or chairs. he was in this concrete for like parking garage with his family and this is the vice president of the united states and he's like holdup in a basement and i twoent the vice president if i can publish those photographs. i have a suspicion that the january 6th committee is going to want to see those photos. >> wow. >> it's so good, we'll hear it again. >> elise, here is a guy who's trying to have it both ways, mike pence but on that day on january 6th, we heard chants of "hang mike pence," we saw the news and we saw them chased the family and