christianity came to india 2000 years ago. islam came to india many centuries ago. i think we learn to manage tensions. we know to manage tensions and these tensions will surface but we'll mange them. we are not a society in which social tensions are a new phenomenon. >> rose: china. >> china is more how many on how many on guess, a dom national culture, some pro rinse have's which are different, the tensions are in the provinces which have different cultural and religious characteristics. they have to learn to manage those tensions. they are finding it difficult in one or two provinces. they are finding it difficult. but i hope they will find a way to accommodate the concerns of these different provinces. >> rose: now put into this consideration the united states. as you know there was a flood of books called-- came out talking with great flourish about the decline of america. >> uh-huh. >> rose: that has subsided. it almost seems like there's a reconsideration of america's future. >> i have not subscribed ever to the theory that america will decline. america's gre

, the south of india. sort of going shopping for brides wherever they can. and many people call it bride trafficking. >> these marriages across india's diverse cultural andscapes can be frght with sial complications. but at the same time, he sees an ever so slight improvement in the gender ratio in those states that saw early prosperity. >> once people reach the higher rungs of the middle class, which i call the stable middle class, they don't sex-select. then they tend to view girls and boys as being of equal value. so they don't really care whether they have two girls or whether they have one girl, one boy, et cetera. >> but for many years, india will present a patchwork of progress, a worsening gender balance in many places, slight improvement in some. the center for social research's kumari sees one more positive development, that's a consequence of india's growing and urbanizing middle class. more girls are going to school. >> as i said, india is full of contradictions, on the one side you see women i

germany wants access to india's middle class and india wants expertise in renewable energy. >> they are expected to sign a number of far-reaching trade deals. >> the atmosphere at the german-indian cabinet session was cordial. but there are still sticking points in the negotiations for a free-trade agreement between india and europe. they are concerned the country's economy could be overpowered by the economic might of the e.u. but offered words of encouragement. >> it is germany's experience again and again the volume of trade increases each time a free-trade agreement is reached. >> germany is india's bgest trading parer in th.u. and exports have grown steadily. imports from india were about the same value. that was an increase of nearly 20% over the year before. the indian government says that it is concerned about the debt crisis and its effect on the global economy. >> a strong euro zone is in the interest of all of the countries. we want the trading system to remain strong. >> from the german side there are questions regarding india's human right record and specifically the questi

india. thousands of years ago and hundreds of years ago in india there were no movie theatres, no television, no radio, no comic books or no books for people like you and me to read. was this the same here? >> yes. all offer the world it was like that. ask your parents. they can tell you what it was like before the internet. so, people told stores. i bet you tell stories. did you tell a story today? >> yeah, i bet you did you went up to our friend and said, did you see that? your friend said, no, no he didn't. right? that's a story. so, i will tell you a story. in india, here we have super heroes like, tell me a hero. >> super man. we have super heroes in india. krishna. lifts mountains and throws them to the ocean to create bridges. i will tell you the story about a super hero. krishna as a little boy in the village where the trees blow and the water flows and the birds fly and the grass grows, in this village there are cows. and people and they go to the river and they go to get their wate

be investing in india. because some of the results of that research are not worth protecting. according today's ruling. at the same time, it means we will be introducing these innovative drugs in india only with great caution or not at all. >> other companies like pfizer have also had difficulty winning patents in india. western pharmaceuticals only an account for about 10% of india's medicine market -- only account for about 10% of india's medicine market. >> a top russian official says moscow will not help bailout russian savers who have their money stored in cyprus. >> that is no small announcement. it is believed there are billions of euros in cypriot banks. the positives could lose as much as 70% -- 60% of their accounts. >> cyprus is set to get a 10 billion euro bailout from its partners, only if it raises 6 billion euros on its own. the levy on deposits is one solution. cypriots are finding a way to get by as the economic crisis gets worse. cyprus markets national holiday on monday. celebrations are

be investing in india. because some of the results of that research are not worth protecting. according today's ruling. at the same time, it means we will be introducing these innovative drugs in india only with great caution or not at all. >> other companies like pfizer have also had difficulty winning patents in india. western pharmaceuticals only an account for about 10% of india's medicine market -- only account for about 10% of india's medicine market. >> a top russian official says moscow will not help bailout russian savers who have their money stored in cyprus. >> that is no small announcement. it is believed there are billions of euros in cypriot banks. the positives could lose as much as 70% -- 60% of their accounts. >> cyprus is set to get a 10 billion euro bailout from its partners, only if it raises 6 billion euros on its own. the levy on deposits is one solution. cypriots are finding a way to get by as the economic crisis gets worse. cyprus markets national holiday on monday. celebrations are

i know that back in india people are speaking of that.you know, that women are asserting themselves. you asked about what impact this rape has had. there is a huge collision of cultures in india, you know. there is the old world way of looking at women and there is a new, you know, it's wrong to call it just urban because it's something more than just an urban rule divide, more than just a modernity tra dismingts it's just about finally women individual yating themselves. and that is the most exhilarating aspect of the protest in india this time. that women were claiming autonomy over their body. they were not asking for security. they were just claiming autonomy over jobs and bodies. and men were very much part of that conversation. >> but you represented both of you and all of you, represented all the people coming, represent it seems to me the change because you have, because of the magazine, you have power. and you have the capacity now to do more than whoever was before, yes? >> that's true, you know. i will say that for which he wor

/india security relationship, and you are right, and no one knows this more than you, india is destined to be a close partner of the united states. wheat just share so much in the way of values and of -- aspirations. -- we just share so much in the way of values and aspirations. that has nothing to do with defense or military but will be reflected there. one area of particular importance work i think we make progress quickly is in building the indian military capability. they do not want to do it just by buying things. they want to do it would close technology corp. and code- production. we have examples of that that we're doing with the indians in that way. the secretary when he was there a year ago discuss this with the national security advisor there and came back and ask the deputy secretary of defense to take it from there. i have my instructions in that regard. i think co-production and technology development are the watchwords within india. that will not only build the indian power capability and power of the indian military but bring us closer together. >> a question right here

but even though we did see that drop in consumption in india, india is still the top consumer of gold. >> i didn't though that, that gold correlates with indian gdp. i did not know that. you just taught me something and i thank you for it. if, however, the gold curve continues to go down, does that mean india's gdp is in for it? >> it's interesting that we definitely will have to watch that. we have been seeing slowing growth in india over the past couple of quarters. so that will definitely be a trend to watch as gold versus india's gdp. >> seema mody taught me something. and i hope she taught you, as well. up next on kudlow, the latest on the boston marathon bombings and senator marco rubio's gang of eight bipartisan immigration bill now released, i'm going to say it again. immigration reform in this country can boost the economy big-time if we do it right. we're going to debate that coming up. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ transit fares! as in the 37 billion transit fares

he thought about retiring but finally came to india to try his luck. he did well in both offense and defense. and to years ago was awarded the mvp of the year. >> translator: i came to india as an overseas recruit. so i really want to get results. >> reporter: his team, most of the players are young, without a lot of experience. so he's expected not just to play well but also be a senior crew and help them out. >> translator: scouriring goals helps the team. >> reporter: despite high expectations he has not played as well as he would have liked this season but has still scored 9 goals. and he's had some pain in his left leg, but he's been playing any way. such an importance to the team this is an important match. if the team loses, it will be out of the title race. he is playing through the pain. early on in the game, he's aggressive and making every effort to help the team. but 26 minutes into the first half, he tears a muscle in his right thigh and is substituted. he has been favoring his right less to compensate for the injury on the left. >> transl

the president of india described thats a symbol of all india strives to be. it is her life that embodied the aspirations of the rising nations. her murder pointed to that many challenges still holding it back. the culture of rape is tied up with a broader set of problems. education, law, tradition, custom, culture that prevent women from being seen as equal human beings. in addition, india and china being the leaders, there is a skewed gender balance with many more men than women that contribute to human trafficking and child marriage and other abuses that dehumanizes women and corrodes society. millions of indians to to the streets. in 2011, they protested corruption. in 2012, after they gain -- gang rape, the two causes merged. calls forned for better policing and more response of governance. for india to protect all of its citizens and deliver opportunities that they deserve. some have called that the indian spring. the protesters understood that and it would rise or fall with its women. it has a tradition of strong women leaders. , likehose women leaders

india has stricter pharmaceutical patent requirements than other nations. for example, it doesn't allow patents for tweaks to existing drugs. this common industry practice is -- india a major producer of copycat drugs which mimic branded products. it also makes generic medicines which are based on expired patents. indian-made alternatives can cost less than 10% the price of branded drugs. health officials believe that more than alf of the aids drugs used in developing nations come from india. aid groups are applauding the court decision saying it protects the right of the poor to medical treatment. >> i think the supreme court said they definitely abuse this practice of getting many patents on one drug. >> but the country's growing drug industry is raising concerns. analysts point out that cheap alternatives from india could make it difficult for pharmaceutical companies to continue the expensive development of new medicines. responding to the court decision, novartis released a statement saying that patents safeguard innovation and encourage progress. the

the president of india described her as a symbol of all that new india strives to be. but if her life embodied the aspirations of a rising nation, her death, her murder, pointed to the many challenges still holding it back. a culture of rape is tied up with a broader set of problems, official corruption, illiteracy, inadequate education, loss, tradition, customs, culture that prevent women from being seen as equal human beings. in addition, in many places, india and china of being the leaders, a skewed in gender balance with many more men than women, which contributes to human trafficking, child marriage, and other abuses that dehumanize women and corrode society. so millions of indians took to the streets in 2011. they protested corruption. in 2012, after the delhi gan rape, the two causes merge. demands for stronger measures against rape called for better policing for and india that could protect all of its citizens and deliver the opportunities they deserve. some have called that the indians' spring. as the protesters understood, india will rise or fall with its wom

india's supreme court disagreed. the ruling allows indian companies to make copycat versions. "if the drug companies aren't able to have patent protection, maybe not in every country but in most countries, they're not going to be able to make back the sums on money it takes to develop drugs." pharmaceutical researchers and manufacturers of america, a trade group, says, "the indian courts have come down on the side that doesn't recognize the value of innovation and the value of strong intellectual property." however, analysts doubt the ruling will influence decisions beyond india, nor do they think it will affect the overall profitability of large pharmaceutical companies. "overall, we still think the pharmaceutical fundamentals look quite good. from a valuation standpoint, a lot of stocks have run quite a bit, and there aren't a lot that we think are extremely undervalued." nonetheless, novartis claims the ruling discourages it from introducing new drugs in india, despite a market of 1.2 billion people there. the mad dash for healthcare stocks continues. after shooting up 9% m

a country like india, 2 billion strong, they have a middle- class, as well. question of what happens next. the drug is already on the market. nothing is going to change that with market distribution. they could be electing to put their newer drugs in india not unless they get patent protection before, especially if it is a follow-on. a case being watched by patients and drug companies around the world. and bumping up the rhetoric, a cautious response from the white house to the latest north korean threats of war, but the language is being taken seriously. it was said there will be a strong response should p'yongyang attack. we have this report. north traffic jams into korea were as long as ever this morning. hundreds of factory managers making their way into the industrial zone just across the border. the complex gives them access to cheap north korean labor and gives north korea desperately needed income. what is it like for these cross- border commuters, now that p'yongyang is speaking of war with the south? >> everything seems to be very calm and quiet ove

for india. the country's prime minister is not happy with it. he says that they can get back to about 8% and that he has a plan to get there. >> the indian economy continues to expand but not as fast as many would like. for several years, the country's growth was approaching double digits, but now, it has declined to or around 5%, its slowest pace in a decade. that is not enough for the prime minister, who criticized his country's problems a year ahead of parliamentary elections. >> corruption is a problem. democratic in their ship is a problem. managing coalitions are a problem. damage to kickstart the economy, the government wants to remove stumbling blocks to growth. the prime minister says india is making progress on the regulation, particularly in sectors led by foreign companies. he also wants india to become better integrated into the global production network. >> civil aviation and other areas are important. we are reviewing the foreign direct investment policy comprehensively to see wha

india is a major producer of copycat drugs which mimic branded products. it also makes generic medicines which are based on expired patents. indian made drugs can be more than 10% less than branned products. aid groups are applauding it saying it protects the right of the poor to medical treatment. >> i think the supreme court has protected the practice. >> but the company's growing drug industry is raising concerns. anlists point out that cheap alternatives from india could make it difficult for pharmaceutical companies to continue the expensive development of new medicines. responding to the court decision novartis released a statement saying that patents a safe guard innovation and encourage progress. the company sees the ruling as a set-back for patients as it hinders development of drugs for diseases that do not currently have effective treatment options. patients around the world need affordable treatment and pharmaceutical companies seek to protect their intellectual property rights. the debate on how to best balance the two is likely to remain cent

many japanese companies have been in india for nearly a hundred years. >> how critical is it for india to attract more foreign direct investment at a time when the current account deficit is up? >> in fact, both goes hand in hand. it's because the current account deficit is high we are to redouble our efforts to attract foreign investment. example, last year, we have nearly 6 billion dollars of fdi. i said yesterday that india can easily absorb $50 billion a year, fdi aloep. over and above that, we have foreign institution investment. and to the extent of you on companies can bottle abroad, we encourage them to borrow what we call the extent of commercial borrowing. so i think the fact that we have a large current account deficit compels us to create a regime that is friendly and attackive to foreign industry. >> in some ways parallel with japan, they tried to re-engineer the value of the currency. and to some extent, successfully over the last several months. is this an option? is there more option for india at this time? >> well, i think depreciating the currency is not the first opt

and you're heading off now, you're going to india. >> india. >> jon: with assif mandvi.on hamm are going to india ( cheering ) to shoot-- you're going to live in an ashram. >> we're actually getting married. ( laughter ) >> jon: it would be nice. the couldn't happen to two better people. >> i know! it's an exciting film based on a true story about an agent who goes to india to try find two cricket players who can play baseball. it's a true story. one of the guys is still in the major lesion at a triple a level. they found two kid, expaen 17, took them out of india. they didn't speak any exwhrsh. they never played baseball but they had the raw tools -- >> they could bring a 90-mile-per-hour fastball. >> yes, but it's a very different-- you were a big cricket guy back in high school. >> jon: oh, huge! >> if there's one thing i know about jersey it's cricket crazy. ( laughter ) gli could eat 10 of them at one sitting. >> absolutely. wait a minute! >> jon: that's the jersey thing. are you a baseball guy, a baseball fan? >> i am, i'm awe huge st. louis cardinals fan. >> jon:

we all get there at some point, except canada. >> but for the most part, it's like the india we makef american independence. but it's about these boys born at that moment. and it is about that generation. and these boys get swapped at birth by a sort of-- mislead midwife and they get, they sort of have each other's life. the rich one has the poor life and the poor one has the rich life. and then they oddly sort of confront each other at the end. >> jon: it is so much too-- they symbolize not just the birth of india but also its painful partitions, the wars that are fought. there is an awful lot of historical context to it. >> fortunately, you know, i mean yeah, but i didn't want to -- didon't think anybody needs to study before they see the film. because really it is about-- . >> jon: by the way that is a smart pitch. >> just saying, it's okayment we tell you what you need to know. >> jon: seriously, just tell them it is a tig never a boat, they'll go, they'll go. >> yes. but they saw that one. >> jon: they probably did see that one. typically when they do that, they will come to you

the decision sets a benchmark for intellectual property cases in india. novartis responded to today's decision by saying it will not invest in drug research there. calm returned to the streets of kisumu, kenya, today after a weekend of heavy rioting. the city is home to raila odinga, who narrowly lost the presidential race to uhuru kenyatta. on saturday, the supreme court confirmed kenyatta was the winner of the march 4 election. that announcement angered odinga supporters, who set tires on fire and blocked major roads. police responded by firing tear gas at the rioters. kenyatta is expected to be sworn in on april 9. stocks edged lower on wall street today in a light day of trading. the dow jones industrial average lost more than five points to close above 14,572. the nasdaq fell 28 points to close at 3,239. those are some of the day's major stories. now, back to margaret. >> warner: and to updates on two shootings, in texas, and in colorado. guards with semiautomatic weapons patrolled texas courthouses today, after kaufman county district attorney mike

he thought about retiring but finally came to india to try his luck. he did well in both offense and je defense. and to years ago was awarded the mvp of the year. >> translator: i came to india as an overseas recruit. so i really want to get results. >> reporter: his team, most of the players are young, without a lot of experience. so he's expected not just to play well but also be a senior crew and help them out. >> translator: scoring goals helps the team. in bad situations and good situations. very hard working. >> reporter: despite high expectations he has not played as well as he would have liked this season but has still scored 9 goals. and he's had some pain in his left leg, but he's been playing any way. such is his importance to the team. this is an important match. if the team loses, it will be out of the title race. soaka is playing through the pain. early on in the game, he's aggressive and making every effort to help the team. but 26 minutes into the first half, he tears a muscle in his right thigh and is substituted. he has been favoring

the study was conducted by the associated chambers of commerce and industry of india. following the widely reported gang rape of a university student, at least two attacks on foreign tourists have been reported. the indian government has made efforts to toughen rape laws, but the spate of new reports has led to public outcry, and a demand for greater security for women. the recent study says travelers who had been planning trips to india had opted for other asian countries, such as malaysia, thailand, or indonesia. the survey results come as a blow to india, where the tourism industry is a key earner in a period of lagging economic growth. >>> and that will wrap up our bulletin. i'm patchari raksawong in bangkok. >> patchari, thanks. >>> efforts are under way in china to tighten domestic regulations. the laws are lax compared to industrialized countries. the japan international cooperation agency is hosting the visit by officials from china's national peoples congress and the ministry of environmental action. the officials are learning about strict controls based on th

the missile test comes days after india will -- india tested one of its nuclear- capable missiles. >> rescue workers have wrapped up their search for survivors after tuesday's earthquake in the southeast. 37 people were reportedly killed in the quake. uranium media says two villages have been destroyed and hundreds of houses -- iranian media says two villages have been destroyed and hundreds of houses damaged. officials say there was no damage to the nuclear power station just 90 kilometers from the epicenter. >> time for some business news. time there is feeling the pinch -- daimler is feeling the pinch. another setback for the chief executive. speaking at the company's main shoulder -- main shareholder meeting, he admitted that daimler has fallen behind its rivals, bmw and audi. earnings looks to be stagnating at 8 billion euros. he says difficulties in china and the shrinking european car market could undermine daimler's targets. >> investors were not so disappointed about that news on daimler. they sent shares higher on wednesday. our correspondent explains why from frankfurt. >>

now, there's als strong correlation between india's gdp and gold futures as india's growth increased from 2009 to 2011. gold futures also increased as not only consumers put more disposable income towards buying gold but the central bank of india also making a significant purchase in 2010 upping its current holding to 558 tons. more than half of what china's central bank currently has. michelle, back over to you. >> a lot of great detail in there. thank you so much. we'll welcome tyler broda, a mining analyst. tyler, the last 24 hours unbelievable, have we hit bottom in gold? where is it? >> right now there's a lot of volatility picking up that will linger with the market over the next, i think, probably 6 to 12 months. this is 9%, the biggest move we have seen since the early 1980s. i think it is very hard right now to judge exactly where we are going to trace out. i think that the move today, the rebound thus far, i mean, the gold prices fell 15% since the highest on friday. the move so far is a weak rebound in all honesty. i think there's probability in our view in terms of fundam

india's look east policy. we are also working to deepen our defense cooperation, moving beyond purely defense trade, towards technology sharing and co-production. multilaterally we recognize the importance of strengthening regional institutions like ozion that play an indespencible role in maintaining regional stability and resolving disputes through diffle macy. in this regard we have made attendance at min tearial meetings a pry court for our secretaries. especially the defense ministers meeting. we strongly support the unity and we applaud the efforts of member nations to have an abiding code of conduct that would create a rules based framework for regulating conduct of parties in the south china sea and would welcome china's active participation in negotiations. our position is clear and consistent, we call for -- aint and for diplomaic gim matic resolutions, we oppose coercion and use of force. we don't take sides when it comes to competing territorial and historical claims. but we do take the side of pea

take india, for example.the world's eighth biggest economy, but ranks 94th in the world on transparency international corruption index. even within a country like that, however, there are some shining examples to the contrary. from which american businesses could learn much about ethics, social responsibility and the style of corporate governance. when i was last in mumbai, i had a fascinating conversation who recently ran the tata group. the tata group is india's largest conglomerate. businesses span everything from steel to automobiles to mobiles. it also owns the taj group of hotels for which i should point out, my mother's work. we met at a suite of the hotel. listen in. the tata companies have been a famous for having operated even in the old india, in which there were many licenses, permits that had to be gotten from the government and for which people had to pay bribes and the tatas were famous for not participating in those kind of ventures. was that difficult to do? >> i would say that there have bee

india's supreme court has issued a landmark ruling over the issue of generic drugs. --lo losses the cancer drug being laws are challenged. nba can continue producing cheaper medicines for people that need them. many generics drugs and markets them in south america and africa. it is a leading market contender when it comes to that. having this judgment go in favor of the indian pharmaceutical companies will raise questions about whether western pharmaceutical companies will want to sell original products in india for fear of being copied. whether there is a happy medium where western pharmaceutical companies could work with indian companies to make a cheaper product that both benefit from financially. it is now in the realm of the international lawyers and the world trade organization who have been watching this case carefully. expect an appeal against the decision. for the moment, indian pharmaceutical companies have gotten a valuable victory in the supreme court. cancer sufferers across the globe can breathe a sigh of relief for the moment that cheaper generic drugs

number four, right after india. india is coming up fast. a lot of opportunities there. i had a meeting with the chairman of a bank. they have every turn on equity at 24.5%. i'm not allowed to buy stock and i cannot make stock tips, that sounded pretty good. we signed an agreement less than a year ago with them for $1 billion. they announced this week a purchase of 12 boeing aircraft with the leasing company. we are closing in on that on the next several months. i'm hopeful that you are also finding opportunities, deals, and the new relationships that you can make here at this conference so you come out of here with the understanding up opportunities and perhaps an order or two or the beginnings of an order. after this, larry summers had some airline problems coming down here, so we will have a conversation with michael o'neill instead. after that, a panel on competitiveness. was one of the best panels we had last year. following that, ray lahood on transportation and infrastructure and how it impacts global trade. we have the vice president of -- she has some advice on

, the south of india. they're sort of going shopping for brides wherever they can. >> reporter: at the same time, she sees a slight improvement in the gender ratio in the states that saw skewed ones early on. she attributes this to growing affluence. >> once people reach the higher rungs of the middle-class when they go on to a stable middle-class, they don't sex select. then they tend to view girls and boys as being of eual value so they don't really care whether they have two girls, whether they have one girl; one boy, etc. >> reporter: she admits it will take many years and vast numbers making it into the stable middle-class to correct gender ratio. the center for social research's kumari has also seen one development. more girls are going to school. >> india's full of contradictions. on the one side you see women in the villages still very disempowered but on the other side there's a brighter picture. we have largest number of doctors, lawyers, professionals, our education level is going up for the gir

china ally for long times singapore and of course vietnam philippines malaysia indonesia australia india and so when the u.s. is being invited back we have to look at the correlation that's concerned about the robustness on china's part john you want to jump in could i can tell instantly go ahead please and i please claim since i seem to be i seem to be in the minority here. i think that when one talks about japan and south korea one must remember that those are both occupied countries i compiled by u.s. forces that is not trivial secondly i think that you have to look with the u.s. foreign policy establishment is saying richard armitage former undersecretary of state and joseph nye were recently and a trip to japan an unofficial mission but blessed by x. secretary of state hillary clinton and before that they wrote an article. i believe it was in foreign affairs i can't recall i think it was in foreign affairs. and what they were trying to do in that article is essentially go japan into confronting china you know absent. in the comments of of the other two can see here is any acknowledg

china ally for long times singapore and of course vietnam philippines malaysia indonesia australia india and so when the u.s. is being invited back we have to look at the coalition that's concerned about the robustness on china's part john you want to jump in could i can tell instantly go ahead point i please claim since i seem to be i seem to be in the minority here. i think that when one talks about japan and south korea one must remember that those are both occupied countries u.s. forces that is not trivial secondly i think that you have to look with the u.s. foreign policy establishment is saying richard armitage former undersecretary of state and joseph nye were recently and a trip to japan an unofficial mission but blessed by x. secretary of state hillary clinton and before that they wrote an article. i believe it was in foreign affairs i can't recall i think it was in foreign affairs. and what they were trying to do in that article is essentially go japan into confronting china you know absent. in the comments of of the other two casts here is any acknowledgement that the united s