up next, we are joined by shailesh chandra to discuss indiaa.are up almost 95% in the past year. this is bloomberg. ♪ ♪ >> making a big push into india's electric vehicle mike nash market -- market. joining us for an exclusive chat is shailesh chandra, president of tata motors. thank you for joining us. it is a huge opportunity for you, tell us a little bit about it and what the imperative is. shailesh: good morning. thank you, it is a pleasure joining the show. in the early stages of growth, we have introduced our first product in 2018 which was the ev in the fleet segment. it had been a huge success given the value proposition that it offered. similarly, we launched an ev for the coastal segment. this has been a product that is commanding. there are a lot of values in the country in terms of the ecosystem presence. i think with these kinds of choices which bring the right balance of price, performance, and features is making the ev industry exciting going forward. in the last three years of our presence, we have been able to reach 75% market s

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i am emma chandra.he house is expected to approve the one point roland dollar -- one point $9 trillion coronavirus relief bill, leaving americans one step closer to receiving $1400 paces -- payments. it is unlikely to include an increase to the minimum wage. president biden has undertaken his first overt use of military force since taking office, carrying out airstrikes in syria. the targets were iran backed groups believed to have made rocket attacks. bloomberg learned a u.s. intelligence report implicates saudi arabia's crown prince in approving the murder of "washington post" journalist jamal khashoggi. that release reflects the biden administration's decision to recalibrate relations with saudi arabia. it is another big challenge to an economy already rocked by brexit and the coronavirus. foreign workers are leaving the u.k. at the fastest pace since world war ii. london alone has lost 700,000 people of the last year. the implications are huge for treasuries, landlords, and a global recovery. global

the in the coming days after reaching a compromise with government of a paying for media content chandra agreed to make changes to a law and not penalize facebook if the company reaches some deals with local media . the military regime in myanmar is facing growing pressure both at home and abroad 3 weeks off and seized the european union has warned that is it is considering sanctions and the u.s. has been a loss to more jumbles protests continue to swell and modest sponsor sorties threats to use force against the problems at least 3 protesters have been killed in the regime insists that police are using minimal force. for a day the military is warning that protesters put suffer loss of life seems to encourage more protests. certainly with the turnout that happened yesterday you saw that they were backing down but clearly the demonstrators are taking this seriously i mean a lot of demonstrated yesterday they wrote their blood types in the cockpit information for the next of kin on there are i mean the movement to demonstrate against this military coup is incredibly powerful the numbers th

actually happened on january the 6th i wasn't even a part of proper investigation of the events of chandra sake it was no attempt to present any kind of a wholesale relationship between anything that donald trump did it all said and what happened on capitol hill they rush this through you know trump's a little boy is one of president. trump was unable to answer any of the charges and then they dumped it into the hands of the senate and they gave they really had no evidence after all it was really. just an attempt to constantly bash trump day you know denounce him and trotting out all of the try it cliches from the pos for years and it was quite shocking to be honest to see every single democrat voting to the peach drum and then to convict him every single one i mean and you know that if trump is still president and it is going to be no the impeachment in 2 weeks' time every single democrat will fall for it if it be true that so if this has no connection with anything at all that trump was done we'll set it's just. a political tool you know to the bashers supporters and it's clearly it is.

emma chandra has more on those. emma: thank you.istine lagarde reiterating she expects to see a recovery in the eurozone in 2021. there are caveats. one of those being the vaccine rollout, that being very important to the recovery in europe, and also the continuation of fiscal and monetary stimulus. of course, listing the guard has presided over unprecedented monetary stimulus over the past year in europe. we should be able to see a chart of how that has loosened financial conditions. that is the white line here as those conditions now in positive territory, suggesting we have a very accommodative situation. the orange line there -- that is the eurozone credit and pulse, the eurozone at its highest ever level, all of that suggesting access to credit, household would all be verys easy. there are some reports that there is more support is needed. the actual cost of borrowing is previous in the previous chart would have suggested, that banks are not really passing on the full low cost of borrowing there as well, and that the demand and

emma chandra has more.an usually cautious there, and it means more than 20% of the u.k. population has received at least one dose of the vaccine and that the u.k. is leading among some of the larger nations it we are also seeing the program opening up to younger age groups, my parents got their first shot last friday and they are very happy. and opening up means that will happen alongside others eating their second doses, so there are challenges ahead for the program. nevertheless, hitting the targets, meaning a lot of people are seeing it as a success and that is why we are seeing the pressure on the prime minister to say when he's going to reopen the economy, and of course the british economy really damaged by the lockdowns, the u.k. still in its third successive lockdown. we are getting this detail, about when they will get us out of lockdown, and that comes from a nation that is fed up with being in lockdown, and also from the political pressure. a number of conservatives saying they want all restrictio

i am emma chandra.was your first word news and this is bloomberg. ♪ >> [indiscernible] these days -- impacting what we were hoping for, for the e.u.. jonathan: the astrazeneca ceo speaking to the european parliament. alongside lisa abramowicz, i am jonathan ferro. the s&p 500, we come in 19 points, down one half of 1%. on the bond yields, 1.4788. the commodity market, back to 62.31 on crude. the copper market down almost 3.5%, and the ftse is getting hammered, down 1.5% in trading gold. the commodity trade starting to run will -- rollover a little bit. lisa: i wonder how much is tied to global growth and how much is technical. there was a huge buying spree by chinese buyers in the copper space and you wonder the mechanics beneath these moves and how much they are trying to give narratives to other things. jonathan: energy and metals not doing well in the last 24 hours. the story of the last 12 months and the story -- the better story in the last few months. joining us is dr. andrew pay costs. -- dr. and

just be that you come from to the last chandra the local aura says leader who performed last conversion ceremony abi hark at the head or the new 19 do you think you can whistling long horn is only what nothingness was 42 years ago if some i think of our muscles got a kick in the we're not out there and you know that something only comes who's in lucky you know peace and the only one nigga all ok i'll listen man who have done the who are. the world about hanna and the president of the young. girl we have figured out what used to. be because he had decades of use enough that we. cannot go up an economic war or top in the u.k. to take is rooted in that art market buy them a bath get it here and it must was knee high sad me which is nice when muscles gotta be seeking muscles got on its muscles and i will get sick as a muslim and what you get in the not so bad i think it will do in india now most people get it you muslims and your blew up not some of their family gives out a car got it in a given me your money by that as they come in do not doubt there are going to argue about that in the in

job easy come from to the last chandra the local aura says leader who performed last conversion ceremony abi not get there her head or anyone i've seen do you care or think you'll. see only what nothingness who's 43 is gone there is some i think the bomb in the we're not out there and you know the only holmes who's in lucky you know police and the only one it all ok i'll listen manuel gunn the who our guy cut through the wood about henna and the president of the young. girl we never get out we're used to. because he had decades of use enough that we. cannot go up an economic war or top in. the u.k. to take is rooted in that art market buy them a bath get it here and it must was knee high sad me which is nice when muscles gotta be seeking muscles got on its muscles and i will get sick as a muslim and what you get in the not so bad i think it will do me in good now most people get it you muslim time you blew up nice and got their family gives out a car got it in a given me your money but that as they come in tonight out there are going to argue about that in the in the woman chop up in. on

joining us on the news hour is chandra bush on who is a climate change expert and executive director of i 4 is an international forum for the environment is via skype from new delhi thank you mr bush and for being with us 1st of all is it clear to you what could have set off this is aster today in northern india was it a glacier breaking apart as we've heard from various media reports and the avalanche floods what do you think happened here. well it looks like a glacial burst it is not a break because glaciers are slow moving ice mars on land so it doesn't break like our suit so it looks like something like a glacier burst in which a large body of water behind or inside a glacier has broken open and and has gushed out suddenly and has taken a large amount of devotees the debris is in the stones along with it and has affected. villages and part plants that are on its way to it's more like a glove outburst of glacial lake something similar to that seems to have happened so this outburst would have been caused by what i understand there's been a lot of rain in the region recently. well

matt: and that was the cfo of natwest, katie murray there, speaking to emma chandra.peak -- stick with u.k. for a moment with the global head of fixed income research. you still pay close attention to your home market. what do you make of this be of the vaccinations in the u.k.? it's relative to what we're seeing here in europe, astoundingly quick, and the effect that has on the economy? steven: well, i think in the earlier segment, i said, whether it's by accident or by design, it's good news. and clearly, there's a race to get to this herd immunity or the required level of vaccination. and then maybe things open up. and i guess markets are pricing according to that timing, and that's something that the u.k. has a head start on at this point. so, i think that that's something that, in the bank of england's eyes, is a positive. and when you look at all the possible scenarios, they're adjusting them. and you can see, the gilt market has repriced. it's repriced because, again, the probability of negative rates happening sometime soon has been reduced dramatically. it mi