when the riots broke out they spread to new delhi, and hindus in new delhi were going out to massacre muslims. a friend came to his house and said there's a bridge where muslims can refugees are coming across the ridge and they're being killed when they come across because these gangs are waiting for them. nehru is now the prime minister of a country of 400 million people. he gets this dusty giant revolver that used to belong to his father that has not been fired in 30 years. goes to his friend and says it will do, dress up like refugees and walk across the bridge over the tried to attack us we were shooting. his friend said no, you would tell the police decoder into this but that was the mentality that they had. the religious question is in which. i never thought about that before i do that would make them more humble. condi was fairly religious and was not all that humble. i don't know it would have been a guarantee against that. it would have been a problem in other ways because after these riots broke out there was a real a lot of people in india who didn't want muslims to stay. w

the american diplomats of the time in new delhi were fairly well-connected. they knew the americans were the rising power in the world. so they had great details. this was a moment, the british ambassador in london, the data bridge disintegrate pakistan in june of 1947 he called into u.s. ambassador to explain the decision to ambassador by speculation and says we're going to do this, create pakistan, they are going to hand over power possible as soon as august to india. but then of pakistan is not ready yet. they will hand over power later, maybe a few months, maybe a year. hasn't been worked out yet. that brings hope you come understand why the left so fast to how good he thought this was a good idea. it's because they have not thought it through. they thought some of the pakistanis will want us to stick around to help them set up the government's evidence will be okay. we don't need to worry about the details. there are certain moments like that where i.t. decision why did the british decide to leave so quickly? it seem so crazy and so stupid. we realize it

this filters down from the top level of political leadership in new delhi. once you get down to the ground level, it becomes very simple and it becomes kill or be killed. about a year before some terrible riots broke out and it's still unclear who started them, but something around ten or 15,000 people were killed over the span of four days. this gave indians a vision of what they thought would happen if they didn't defend themselves. so they started to arm themselves, they started to organize and you have to remember this was just after world war ii sue had a lot of young men who had been trained in the military in africa and europe, asia and a lot of them still had weapons so unlike previous riots when violence broke out, these organized squads, you can almost call them death squads were much more effective, much more deadly than previous attacks. they weren't fighting with fists and knives are using machine guns. >> that such an interesting series of thoughts that you have tried to connect. let me ask you, a lot of the trouble, i grew up in bombay so my f

abhishek dhulia, nhk world, new delhi. >> that wraps up eye an asia. t's look at the latest business news. japanese officials released a bach of indicators with former business. what are the numbers telling us? >> we get a slew of data here in japan at the end of every month. they tell us things like people's spending habits, industrial productivity and also employment. the latest data this morning is all for the month of april. let's start with household spending. consumers in japan are keeping their pursestrings tightly closed. household spending declined for the second month in a row. officials say spending by all house holds with two or more members was down 0.4% from a year ago. average household spending was about 298,000 yen. that's just about 20 -- that's nearly $2700 a month. >>> now managers at japanese companies saw more activity on their factory floors. the economy ministry says industrial output was up for the second straight month of increase. production of chemicals and electrical machinery increased compared to a month earlier. looking a

so there are negotiations to take place in new delhi.had the top official on a few days ago and ensuring us that they will go out of their way to clear up the loopholes, and he did not specify the issues, but he did issue sourcing within india that apple had taken up for the government to be looked into, and smoother passage for apple to set up shop over here, and that is something that very few large or tech companies have been able to do in respect to the issue of sourcing. >> and thank you very much, and big story regarding apple in d india. when we come back, the future of the music business according to garth brooks. and we will tell you what he told us. rick santelli, what are you watching? >> with the fed minutes coming up, we have to watch the trez shy ri market, and the yield curve, and look at the issues of the long and the short end, and talk about the little bit about what is going on in spain. you know the economy that everybody is so proud of and made a big rebound? well, maybe a fly in the ointment. what is it? we will tel

across northern india, it's going to be extremely hot. 44 for new delhi and 44 with hazy conditions on thursday. thundershowers expected for friday, but overall it will stay quite warm. let's go to europe, a very different story, quite cold across many portions of europe, especially for t the north and central areas of the continent. now, we havee video coming out f the north of balkan peninsula to show you the snonowy sight. even though it's spspring time serbia, heavy snow came mondnda. that's causing serious problem. farmers are dealing with loss of raspberry crops as the unexexpect wintery weatherer descended on the area. for most in the area, these plants are the only source of income for the year. >>> good news. temperatures expected to warm north of the balkan peninsula. but a chance of heavy thunderstorms and even tornadoes for northern ukraine and sriracha. temperatures expected to rise across central and northern europe. berlin the high could be 14 degrees, about ten degrees lower than normal. as we go into wednesday, 19 degrees. as we go into friday, reaching the 20 degree m

and new delhi heat wave warnings still in place for the north of india.undreds of people killed due to heheat stroke and heatat-relate illnesses and temperatures will remain quite higigh for the nex several w weeks u until the mon season starts. >>> a across cuba, w wide weath affected parts of the country. we have video. damage done by a possible tornado. the combination of the daytime heheating and thehe trorough of pressure made conditions unstable in central cuba on monday. a ssible t tornado desestroyed homes and uprooted trees. hail was also reported and about 70 millimeters of rain fell in just one hour. unstable weather will likely persist in cuba. severe weather also occurred in the south of the u.s. and more severe weather is anticipated. watch out for tornadoes, thunderstorms and gusts and also large hail. severe floods are taking place across the south of texas. additional rain will just worsen the situation. here are your highs on your wednesday. quite hot in houston. 29 degrees for the high, but to the north 10 degrees difference and still o

highs in the mid 20s, meanwhile the heat continues into new delhi with the haze condition.hunderstorms into places like hyderabad. it's been warm and dry across japan. highs in 29. tokyo saw warm weather because high pressure is controlling the situation, with clear skies. we'll see this continue through the weekend. when we go into the first part of next week we'll see the chance for rain in the korean peninsula and into japan. the heavier rainfall still taking place over into portions of china. we'll see rainfall and possibly flooding concerns to the weekend. all across the eastern side of china except for shanghai looking for wet weather. 27 in shanghai, 23 in tokyo under partly cloudy skies. the forecast for north america. we've been monitoring this frontal passage that has been making its way all across the united states as we went through this week. as we go forward in time it is still going to create an instability, looking at the possibility of seeing some thunderstorms along the carolina coast and toward the south. some of them may be strong. another low pressure s

bangladesh still looking at the rainfall, but things are staying dry and hot across most of india, new delhi with temperatures into the 40s, with a late start to the rainy system, but thanks to little change from el nino to la nina this coming summer, it does look like you should be seeing above-average rainfall, you're still going to be see some rainfall, still recovering from the landslides last week. if you do remember. here over towards europe, we have a rather potent storm, if you are out there into southern germany, even extending into southern poland, we have seen reports about two centimeters in diameter. also the czech republic, and bulgaria is possible with this low, so these areas in the red. that's where we have the severe weather threat, also a chance of tornadoes, maybe a few thunderstorms towards western france as well. paris will be missing out, though, partly cloudy skies, a high of 19. talking about severe weather, still that possibility here in the central u.s. yet again. we already have been seeing some severe weather watches, especially there into western oklahoma, exten

joining us from new delhi via skype. that is it for us on this edition of "asia edge." bloomberg markets middle ♪ manus: who crude drops for a fourth day has canada resumes working fire-damaged alberta and iran refuses to join any production degrees. rishaad: adjusting to lower prices. we will discuss the energy future. manus: a summary enjoys the hunt for egyptair flight recorders.

the capital of new delhi reached 114 degrees fahrenheit earlier this week.lking about a region of the world that is used to extreme temperatures but this is oppressive heat. our meteorologist derek van dam talks about what is happens. sfwlt world record for hottest temperature ever record, death valley, california, a very sparsely populated part of the world. july back in 1913, actually, so the temperature of 56.7 degrees celsius. that's roughly 130 degrees fahrenheit. now, you take you temperatures that have topped 50 degrees celsius easily in a very populated part of the world and you can imagine just what people are trying to deal with. they're doing whatever they can to cool off, beat the heat. this gentleman taking advantage of a local water fountain in the capital of new delhi. take a look at these temperatures. not only northwest and central india. we're talking about pakistan where temperatures have soared into upper 50ss. and you factor in the heat indices. it feels even worse. it takes into consideration the amount of moisture in the atmosphere. re

my colleagues actually went out to some car lots in new delhi and spoke to people and they said theyhave been underwriting their motorcycles. using the public transportation system. they want to commute in style. they are upgrading as they enter into the middle-class. yvonne: all right, some good news coming out of the oil markets there. a big consumer of oil coming from india. dan, thank you for joining us. we will take a look at the other stories. here's ros with a roundup and a big endorsement from warren buffett. inyes, warren buffett is with apple but they disagreed with carl icahn. berkshire hathaway revealed a stake of 9.8 million shares in apple worth about $1.1 billion. he typically avoids tech stocks but is making more ventures as of late. 30% since the middle of last year, but lifted and closed 3.7%. last month, icahn said he sold his shares in apple over concerns of their relationship with china. in thehey have confidence company and including the new iphone. a secret for 41 years, u.s. reveals how much debt is owed by saudi arabia -- $116 billion. two years ago, it was $

. >>> and bottled air is going to begin shipment to new delhi. it's going to be $22 a can. >> wow. >>> and looking from oakland toward the hills and the low clouds packing in across the is shoreline. we will see a few of those until it all gives way to sunshine later in the day. a little brisk in san francisco. 60degrees right now. winds out of the west at 17. that's what is shaking the camera around. to revisit the topic of what's going on. we have clouds through midday. then they all start to clear up until right around daytime. more sunshine on the way for monday and increasing sunshine for the rest of the week with no rain in sight. it looks like a dry week ahead. overnight lows tonight, we'll see them near 50 degrees for the most part. santa rosa, napa, concord, mountain view. sun up at 56. numbers look good. san francisco 64 degrees. concord 73. san francisco at 71. in oakland 68 degrees. low clouds will start your monday in the south bay. and then we'll recover to sunshine and 73 for morgan hills. 69 for sunny vale. 70 for fremont. over th

he is an aviation consulting, mark barton, the ceo, on the phone from new delhi. thank you so much for joining us this morning on this story. main pieces that we in theen to understand last few hours, it is understood there are a number of warning signals, smoke in the cabin. and the second seems to be that the debris being found thus far, over a wide geography, and very small pieces. what you make of the latest pieces of information that we have? mark: morning, thanks for having me today. what is coming up clear is that we are looking at a cockpit fire and the fire on board the aircraft, which we have seen events and issues of this come up before. let us not forget, swiss air had a cockpit fire similar because it was heated. that is the important thing. we need to focus now and wait for the investigation process to get started. i think what is critical is, as you rightly say, tourism is going to be a key economic driver for egypt. and unless we look at a stable airline, we are not going to get anywhere. so yeah, i think all the focus now shifts to the investigati

in new delhi, 11:00 a.m. on wall street. "squawk alley" is live. ' . >>> good monday morning. welcome to "squawk alley." jon fortt, kayla tausche and myself at post nine along with terry kowaja and dan fr oman. good morning. a lot to get to. tim cook continuing his tour around the world. his latest stop is india. over the weekend he met with the prime minister modi discussing everything from manufacturing to retail in that country and laying out his plans for india's market. also gave this extensive interview to india nd tv where he said he could see lowering prices in that country. >> i recognize that prices are high. what we want to do things that lower that over time to the degree that we can and so we are looking at a number of different things. what we wouldn't do is lower our quality bar. >> of course, one of the bigger stories today might be the projections, reported projections for iphone 7 production as has a lot of the suppliers up today along with apple. >> yes, indeed. barron's did a write-up of it about 70 million phones where some had expected mid 60s production-

the fact that pentagon chief ash carter was just in new delhi at the same time kerry was in japan, you know that u.s. basis in philippines are being revived and president obama is head today vietnam rather shortly and you may recall that despite those are communist regimes, end oat, they fought a bitter war in vietnam war, and by the way if you're trying to understand the rise of china in recent decades to the point where now it's judged be many to have an economy than that larger of the united states, the fixation and obsession with moscow that not only led alliance with religious zeloust but alliance with china which in return for china war against vietnam was able to attract investment from the united states which now the united states is trying to corral and i dare say that either this corraling will not work, unattended consequence of creating a new sort of -- i'm speaking of the alliance between india and japan which stretches back to the founding of buddiism. sentiments in india as well, leader of anticlol onial forces in india probably second to naru and gandhi, of course, foug

between the united states and chinese forces, the fact that pentagon chief ash carter was is just in new delhi as part of this encirclement of china strategy thames that john kerry -- at the same time that john kerry, secretary of state, was in japan. you know that u.s. bases in the philippines are being revived, northern australia also targeting china. that president obama himself will be headed to vietnam rather shortly, and you may recall that despite the fact that these are two, quote, communist regimes, unquote, they fought a rather bitter war shortly after the vietnam war. and by the way, if you're trying to understand the rise of china in recent decades to the point where now it's adjudged by many to have an economy larger than that of the united states, you have to understand once again this fixation and obsession with moscow that not only led to an alliance with the religious zealots which has then exploded all over the world, but also this alliance with china which in return for china, for example, waging war against vietnam, it was able to attract inward direct foreign investment fr

ended up going abroad and spent five years in 2004-2009 as the south asia bureau chief based in new delhi and islamabad. she now writes for "the new york times." a times review of her book called it both hilarious and harrowing, two contrasting adjectives that also sum up the frequently mixed experience of war reporting. moderating discussion by this impressive group of panelists will be mary jordan. herself a pulitzer prize-winning journalist with the "washington post," mary was based abroad for 14 years in tokyo, mexico city and london and she is currently covering the presidential campaign. you need that foreign experience. [laughter] she told me as we were walking in the she just interviewed donald trump today. you might want to ask about that. anyway, we are sort of heading off track, aren't we? marries most recent book, which she cowrote with her husband, kevin sullivan, also at the "washington post" is titled hope, the memoir into cleveland and chronicled the torment of the women held captive in a home in cleveland by ariel castro. it is a gentlemen, please join me in welcoming our

in new delhi, the language most spoken was hindi. i did not speak hindi.a different country. it was a major city. i grew up in a small town. i think i got more love and encouragement and sympathy from my mom. i got a lot of love from my dad, but i got tough love. he told me you are not coming home yet. you chose your path, and it is up to you to make the journey interesting. i always remember that quote. it is something i feel is still with me. emily: then you went on to cornell to get a masters in chemical engineering. padmasree: correct. i came to the u.s. to do my masters with $100 and a one-way ticket. that is all i had. actually, a suitcase full of books, because they were cheaper to buy in india than the u.s. i came to do my phd. my plan back then was to finish my phd and then go back and teach at iit. that was my journey. but then i started working in the u.s. and stayed. emily: what was it like transitioning into the workforce? padmasree: that was interesting. i started working in the semi conductor industry in arizona. my first job was at motorola

joining by webcam from new delhi, mark martin.onday that we didn't know on friday? clear is thetty theory of terror is getting further. what we know from last week is that an electrical fire on board and a fire in the clock it and cargo compartment seems to be taking center stage in the investigation process. what can we perhaps rule out that we could in three days ago? think there were far too many rumors and speculations about the airplane making multiple stops here and there. did try toircraft make corrective, evasive action. and that tells me that pilots were trying to get control of the aircraft. rishaad: you have drawn some similarities between flight 8501, but the difference was that particular tragedy was in bad weather, and this one seems to have had good weather conditions. i drew a similarity between swiss air 1111 and what led to the fire was the overheating,tem leading to panic. comes across as an electrical issue, and that's why it is imperative that we get the investigation started as soon as possible so that we can

reporting to look at where emerging pathogens were coming from, and i went to haiti and south china and new delhi and elsewhere, but i also looked at the history of some of the our most powerful pandemics. and the i one i focused on was cholera because it's one of our most successful ndemic-causing pathogens, it's caused seven global pandemics since it firsted -- first emerged in the 19th century. we think of it as a disease of poverty, and it is that today, but when it first emerged -- [inaudible conversations] oh, there we go. okay. so this is, this is a map of epidemic in 1832 of cholera in new york city. thousands of people died. and, you know, this happened again and again over the course of the 19th century. and these, and it wasn't just new york city, it was also london, paris, new orleans, a number of cities were plagued by cholera epidemics during the 19th century. so what i wanted to look at is how that happened and then, also, how we responded and how that could shed light on the challenges that we face today as we face our own era of new pandemics. so back in the 18, back in 1832 -- y

i have not even been to new delhi to meet mr. modi since he got elected. there is no need.ave no request. when people tell me, you have not met the prime minister? i say, or what? a call us, they asked about the impediments. eric: seachange. anand mahindra: that is not being credited globally. the problem is, if somebody asked me, has everything become transparent right down to the bottom? no, that is what he is working on. he has a wonderful acronym called jim, which is mobile. he is try to get subsidies and benefits directly to the moon people -- modern people. eric: what about central-bank policy? are you among those people that say they should be ready -- cutting rates faster? anand mahindra: no, but the man has been one of the biggest treasures of the u.s. economy -- indian economy. when i come to wall street and you talk about who is the best finance person in the world, they always throw around his name. he is very respected. he has been his own man. he has reigned in animal spirits at the right time. and he is beginning to ease up on rates at the right time. eric: w

-india relationship in key president'sthe visit to new delhi in january of 2015. he looks for discussing progress made on climate change, the clean energy partnership, on security and defense cooperation, and the economic growth proposals and priorities. i plan to talk more about that visit in the coming weeks. the president is absolutely looking forward to this visit. -- i don't believe so. do you have a question? reporter: [indiscernible] support forpartisan this bill, with the president signed something -- what he signed the senate bill or something similar? mr. schultz: we set up a proposal about three months ago, february 22. in today's it will be the anniversary for both the 67 days which is the average time a supreme court justice should be confirmed and the anniversary of our proposal to fund zika. reporter: [indiscernible] mr. schultz: it will be a busy day for journalist trying to mark where we are. the president set that up on february 22. that is not a proposal we put together haphazardly. that was based on guidance from public health officials to make

six to eight months you have seen a new management team come to place that expanded operations in new delhi of new strategy and so on. the arrival of 4g technology will be launching and is excited to change the telecom landscape. this gives us a sense that perhaps apple is we working at strategy, but the bulk of the business, the large chunk of consumers at the low end of the market when apple does not have a product and is not operate at a price point. it will be interesting how they create a customized product and strategy for india. jonathan: and then they have to sit and wait for the infrastructure to be built up as well. special thanks to the bloomberg team. thank you very much. david: coming up next, happy anniversary, facebook. on this day four years ago, the social media giant went public. a lot has changed since then. we will discuss when we go off the charts next on "bloomberg ." ♪ david: this is "bloomberg ." it is time now for off the charts. it is the four-year anniversary of facebook's ipo, which was priced at $38 a share. julie hyman is here to show us how it has perf

were looking at that question and instead of being -- sitting here in washington, d.c., you were in new delhi and doing it for the indian tax administration, you'd identify the various components of source and you'd say we want all of them. we're going to tax all of them. >> right. >> and that's probably the way we should at least start out thinking. >> but that's where the product is sold or consumed. >> well, not necessarily. you think that the indian software is developed in india and exported? they're not taxing it on a source basis? they're finding a way to tax it, trust me. we ought to be thinking -- i'm not saying i would conclude on any one of these things. i certainly agree with your proposition that destination is part of the source inquiry. and i'm not saying this is easy either. but i'm saying that conversation is a conversation we haven't had in this country in 50 years. >> and i'm being pragmatic. what we have left in this country is a huge market. so let's use it. china -- china is throwing its weight around and india. why not we use our huge market? >> more questions? >> thank

in new delhi, 11:00 a.m. on wall street. "squawk alley" is live. ' . >>> good monday morning. and myself at post nine along with terry kowaja and dan fr oman. good morning. a lot to get to. tim cook continuing his tour around the world. his latest stop is india. over the weekend he met with the prime minister modi discussing everng

were looking at that question and instead of sitting in washington you were in new delhi and were doing for the indian tax administration, you would identify the various components of source and you would say we want all that. we are going to tax -- [indiscernible] mr. rosenbloom: and that is the probably the way we should start out thinking. mr. samuels: but that is where the product is consumed. you think that software is developed in india and exported and not taxed on a source basis? i am not saying i would conclude on any one of these things and i agree with your proposition that destination is part of the sourcing -- and i am not saying it is easy, but i am saying that conversation the conversation we have not had in this country in 50 years. mr. samuels: i am being pragmatic. what we have left in this country is a huge market. let's use it. doing, what china is throwing its weight around, also india. mr. toder: more questions? thank you. topic, and the main david you talked about enforcement being lacking in the .s. will that enhance enforcement deployountries to better enforceme

drinking a bottle of ketchup in less than four minutes, and making the first pizza delivery from new delhio san francisco. the record he is most proud of was the hardest one. >> i am the world record holder of 496 in my mouth. it was the first record to achieve that record. i need to spit. i have to remove my every teeth. so i can put the maximum straw in my mouth. >> now, that's the last straw. mr. rishi says he holds 20 world records, but his 80-year- old wife is not willing to go along with the next record he wanted to set, being the oldest couple to have a baby. >>> time is now 8:51. a heartbreak in hollywood. johnny depp's wife just filed for divorce. what she is now asking for from the actor. hi. is the internet still out? yes! i have nothing. come on! work together. work together. work together. do you got anything? i don't have anything. no i don't have anything. please come back internet. i love you. i love you so much. just come back. please. please. he's streaming a cat video. (family laughs) and the whole party is looking... can i take a look? mitch come on! get high speed inte

delhi rivals beijing for levels of air pollution. powered by 2400 journalists in 150 bureaus around the world, this is bloomberg news.: higher hopes at home. we have details for you next. ♪ withad: you are back "bloomberg markets middle east." the builder of the world's tallest tower has reported a jump in profits. properties sales rose 17%. what do these numbers really tell us about emaar? >> the most important thing for is that it is able to sell and deliver properties. a lot of the sales were done in previous years. rules, of accounting they are now able to recognize those sales. that is helping them. chairmaneting with the of couple weeks ago, he told us he was worried about what will happen in terms of property sales in the beginning of 201 but was leslie surprise. -- pleasantly surprised. rishaad: does this mean things are getting better? there was a predicted fall in prices. >> home sales tend to be lagging indicators with developers. they are accounting for sales in the past. as construction progresses. we cannot rely too much on it. the chairman said a couple weeks ago he was surprised by the fact that sales