nifty is the stars have that builds folding bicycles it originally made electric ones too but with that proving unprofitable the 2 found is now only upgrade bikes with batteries. the parts that we get costs this seem. that you get from china so for a start up it's very difficult to compete especially in such a new market such the. market where it's very price sensitive income the food he is the co-founder of the startup he and his team make standard folding bikes he's a cycling enthusiast and contribution to efforts to reduce traffic congestion. our city if this were not designed other modes of transportation specially it will not . be shown once so. if you're see at least not for bicycles electric bicycles would also be challenging. electrum ability comes at a high price it's still too expensive for most people here and hasn't gained widespread acceptance according to the mayor of classic. still of the desire for a cleaner and more environmentally friendly city is growing. so what with the people we talked to like to see 30 years from now. i hope that congestion will be eased by 2050 e

in the pack and it's $310.00 horsepower are more than enough on the curvy track and thanks to its nifty gearbox it finishes the course and the best time 26.2 seconds. to really look sporty does it drive like this yeah this car is perfect for this truck it's really for. them as a rotten life and so on my own and i think of for profit counterstrike from all because. of course the volvo in the key i have to pass the handling test to but we will spare them the stop watch all you often is interested in is they feel safe on the road and he has no complaints easygoing understeers both of them. the next challenge is the acceleration test with a little twist or using a wet track the friction coefficient here is roughly what you would expect on a wet cobblestones. the audi in the tesla face-off 5 times and 5 times the audi comes out on top. now we can see what 30 years of experience building quatro drives is worth. the electronics control the 3 electric engines with such split 2nd precision that the teslas extra power can't keep up with it. but the tesla does save face by beating the muzzle roddy

in the pack and it's $310.00 horsepower are more than enough on the curvy track and thanks to its nifty gearbox it finishes the course in the best time 26.2 seconds. or you could probably really look sporty does it drive like this yeah this car is perfect for this truck it's really for. them as a rock and for my own and i think of for profit the pound the strike from all because. of course the volvo in the key i have to pass the handling test to but we will spare them the stop watch all you often is interested in is they feel safe on the road and he has no complaints easygoing understeers both of them. the next challenge is the celebration test with a little twist or using a wet track the friction coefficient here is roughly what you would expect on a wet cobblestones. the audi in the tesla face-off 5 times and 5 times the audi comes out on top. now we can see with 30 years of experience building quatro drives as worth. the electronics control the 3 electric engines with such split 2nd precision that the test was extra power can't keep up with it. but the tesla does save face by beating

in the pack and it's $310.00 horsepower are more than enough on the curvy track and thanks to its nifty gearbox it finishes the course in the best time 26.2 seconds. for your home the core problem really looks sporty and does it drive like this more than this car is perfect for this truck it's really for. the most a rotten i can see from my own and i think of for profit counterstrike from all the car compare. of course the volvo and the key i have to pass the handling test to but we will spare them the stop watch all you often is interested in is they feel safe on the road and he has no complaints easygoing understeers both of them. the next challenge is the acceleration test with a little twist or using a wet track the friction coefficient here is roughly what you would expect on a wet cobblestones. the audi in the tesla face-off 5 times and 5 times the audi comes out on top. now we can see what 30 years of experience building quatro drives is worth. the electronics control the 3 electric engines with such a split 2nd precision that the test was extra power can't keep up with it. but t

50 the nifty 50 collapsed it was a factor.ppened in 1973 is opec had a tenfold and they put us into recession and a lot of these companies took years and years and years to recover and then i was around for 1987 portfolio insurance where everyone said they could pay a high price of the market and that turned out to be a bogus concept. in 19992000 and you trade cisco and the market had the view that technology would inherit the earth. so i've been through cycles like this in the past this is extreme, more so, but this, too, shall pass. at end of the day the stock market reflects economic progress or a lack thereof. >> why would it pass >> i am of the view -- why should -- let me ask you, why should it pass why should it pass shouldn't we be -- >> it seeks its own level. you know do you think it's normal for people to lend money to the united states of america for 1% forever? do you think it's normal to give money to germany. >> oh, okay, we're talking about two different things you're saying that the environment. >> no. it's al

nifty is a start have that builds folding bicycles it originally made electric ones too but with that proving unprofitable the 2 found is now only upgrade bikes with batteries . the parts that we get costs seem. a bit to get from china so for a start up it's very difficult to compete specially in such a new market such the. market where it's very price sensitive income the food he is the co-founder of the startup he and his team make standard folding bikes he's a cycling enthusiast and to contribute to efforts to reduce traffic congestion. our see if this were not designed are there loads of fun the sport is shown specially it will not. be shown once so. if you're see at least not for bicycles electric bicycles would also be challenging. electrum ability comes at a high price it's still too expensive for most people here and hasn't gained widespread acceptance according to the mayor of classic. still of the desire for a cleaner and more environmentally friendly city is growing. so what with the people we talked to like to see 30 years from now. i hope that congestion will be eased by

the nifty expecting a flat start.looking at lenders as these shadow banks manage challenges to recover from the pandemic and their asset quality set to deteriorate. there we have it. haslinda: let's get to our top story. president-elect joe biden's treasury secretary meeting resistance from republicans on her call to act big on stimulus. janet yellen says she is prepared to take on what she calls china's abusive trade and economic policies. let's get the full picture from our seer -- our senior editor. let's talk about the one point trillion dollars relief plan, no surprise it is facing resistance from the gop. >> no surprise at all. this is something we have targeted for a while on this show, the idea that once biden took over and republicans were in the senate minority, you would start to see a lot of people who had been very freespending through the trump administration decide that the debt was a very important thing they wanted to focus on, and would be reluctant to spend massive, or they would be more reluctant i

minutes later for his 10th goal of the season but not without the help of robert live and off skis nifty footwork. was by and had barely finished celebrating when hoffenheim put one that just before half time thanks to andre crumb are a choice 13th goal of the season but that's as close as hoffenheim would get laver nasi made it 31 after just 57 minutes. king c c'mon with some slick play and the poland international finding himself in the right place at the right time. the floodgates had opened church cannot riyad it in another to see a 41 victory for bye and a scoreline that might side. familiar as by an event therefore one loss against hoffenheim earlier in the season. ok let's have a look now at all the latest results from the bonus think so as you just heard byron be tough and high while dortmund and frankfurt both got 31 wins when you own and drew just like braman and show them in saturday's late game leipzig be favored couzin on friday stuttgart beat mines and later on sunday cologne will host bielefeld and voles for it will play freiburg. you're watching the daily news coming to y

minutes later for his 10th goal of the season but not without the help of robert live and offs these nifty footwork. was by and had barely finished celebrating when hoffenheim put one bat just before half time thanks to andre crumb or a choice 13th goal of the season but that's as close as hoffenheim would get laver nasty made it 31 after just 57 minutes. kingsley common with some slick play and the poland international finding himself in the right place at the right time. the floodgates had opened so. which cannot be added in another to see the whole one victory for by and a scoreline that might sound familiar as by and eventually a 41 loss against hoffenheim earlier in the season. ok let's take a look at all the latest results from the bundesliga so if we just heard byron be tough and high dormant and frankford both got 31 wins on your own and bloodbath drew just like braman and shall come in saturday's late game live. back on friday stuttgart beat mines and later on sunday cologne will host feel a felt and wolves for it will play freiburg. a film festival in sweden has come up with a un

the nifty is down about 1%, below 14,000.wo more days before that, we are on track for a fifth or sixth day of decline. profits plunged 36%. the proxy of consumer demand is showing disappointing profits. we are seeing a very good inflation story over in india. pressure coming to emergency -- the margins. credentialed profits also scoring a narrow beat. haslinda: that is a problem for indian banks. let's stay with india. this indian tycoon is betting that the indian economy will bounce back. he has a net worth of $46 million. in an exquisite interview, he said -- he talked about the businesses that have the biggest growth potential. >> financial services is one section of business. retail is another. nickel. the real economies will be very strong growth drivers. we are looking to grow these businesses by and large. growth can come very slow. kumar: what is the most valuable for our stakeholders. that is the question that we ask when we pick a particular good. haslinda: not surprising that your digital business has emerged as a

nifty is a stars have that builds folding bicycles it originally made electric ones too but with that proving unprofitable the 2 found is now only upgrade bikes with batteries . the parts that we get costs this seem a so-called e-bay that you get from china so for a start up it's very difficult to compete especially in such a new market such the. market where it's very price sensitive income the food he is the co-founder of the startup he and his team make standard folding bikes he's a cycling enthusiast and to contribute to efforts to reduce traffic congestion. our city if this were not designed other modes of transportation specially it will not do a transportation once so. if you're see if these not for bicycles electric bicycles would also be challenging. electrum ability comes at a high price it's still too expensive for most people here and hasn't gained widespread acceptance according to the mayor of plastic. still of the design for a cleaner and more environmentally friendly city is growing. so what with the people we talked to like to see 30 years from now. i hope that conges

you mentioned the nifty 50 top of early '13 on the other hand, they went to 70 times in early 2000, so that's the problem with these bubbles is sometimes they are easier to play on the upside than it is to try to short thermo, so, i mean, certainly there's something about the turn of the calendar did, and we noticed that really first if i guess the currency markets that sometimes just caused a massive reassessment in the bubble assets so is this had the peak, i don't know the market is very broad maybe we have a little bit of pullback here and then a run to higher highs later this spring where we start to see some narrowing of the market. that would be like the traditional template and maybe it's just, you know, the rate of change in liquidity. the money supply growth starting to come off its federal balance rate and just the rate of change in liquidity to be the trigger, but i think that's probably yet a few months out, at least. >> yeah, and the fed is doing everything it can to tell people, you know, we're not going to do a premature tightening and so forth, and that's why i think t

nifty nana danville, clear skies to late in the day in the north bay and same for ukiah which will top out at 60 degrees. the extended forecast we've got a few showers moving and again in 24 hours, lingering through saturday, sunday is cloudy and warm rain on monday. great day on the lake! it is. lunch is cookin'! and i saved a bunch of money on my boat insurance with geico. fellas, can it get any better than this? whoa! my old hairstyle grew back. so did mine. [80's music] what? i was an 80's kid. it only gets better when you switch and save with geico. it inspired me to become a doctor. then covid hit. no one has ever seen anything like covid. you feel hopeless. my best friend's father died of covid-19. then my father caught it. wearing a mask, washing your hands. sacrifice those things now. you have the power to protect the ones you love. >>> it's been one of the best sports stories of the year in the bay area but san jose's attempt to have their first undefeated season in 81 years hit a massive speedbump when six players in both coordinators didn't make it to the arizona bowl. some

nifty on the way up marginally.uld be seeing perhaps a bit more of a balance because we have consumer price inflation cooling to 15 month lows and bringing us within detergent -- target range for india, as it has more wiggle room to cut borrowing and interest rates on february 5 when it next meets to decide policy. haslinda: let's dive deeper. emerging-market stocks continuing to push higher, trading near record highs at increased liquidity and low rending -- lending rate. concerns about the economic impact of the pandemic remains, despite progress on vaccine distribution. let's bring in kelly chung, senior fund manager at value partners. goldman says ignore the bubble, keep by. -- keep buying. kelly: i would partly agree with that because now the market is mainly driven by liquidity. last year as you can see, economies suffered because of the pandemic. however, global financial markets continue to him meet new highs every day because liquidity is very ample. as one of the members mentioned yesterday, they are not i

the police and in st petersburg as many as 10000 protesters swarmed of the city showcase boulevard nifty presby it was alex ina found himself has been in custody since his return from germany in mid january cut off from direct contacts with the outside world but the kremlin's vocal critic can still influence political life 40 of them up shortly after his arrest sympathisers release an explosive to our video. it presented a palatial mansion on the black sea coast i maintain that it was built for the russian president and paid for with ill gotten gains but these movies will come within just a few days. the video had racked up over 19000000 views it may well have been the match that sparked the theme of dissent against president putin all across the country as here in moscow. oh to continue the video shows how crazy our leaders are and proves these people must not be allowed to hold their power any longer passively richmond is that only cold. i live with my family in a tiny flat honest people do not feel the tall around us of people who are enriching themselves illegally without anyone sayi

the police and in st petersburg as many as 10000 protesters swarmed of the city showcase boulevard nifty presby it was aleksey in the founding himself has been in custody since his return from germany in mid january cut off from direct contacts with the outside world but the kremlin's vocal critic can still influence political life 40 of them up shortly after his arrest sympathisers release an explosive to our video . it presented a palatial mansion on the black sea coast i maintain that it was built for the russian president and paid for with ill gotten gains that these movies would come within just a few days. the video had racked up over 19000000 views it may well have been the match that sparked the theme of dissent against president putin all across the country as here in moscow. so to continue with the video shows how crazy our leaders are and proves these people must not be allowed to hold their power any longer personally richmond is their only goal their share my life with my family in a tiny flat we are honest people not thieves but all around us are people who are enriching th

the nifty, the prospect at the open, the futures contract having a flat start.t, pretty much unchanged. we have a spike in bond yields. talking about recoveries for the economy, haslinda. haslinda: china's economy grew 2.3% in 2020, boosted by better than expected growth rates in the final quarter of the year. it's successful containment of the coronavirus outbreak has positioned it as the only major country to avoid an economic contraction. let's get more from our chief asia economics correspondent. we heard from them saying they have favorable conditions for the economy, which means china is set to grow even more in 2021. reporter: these numbers do show that when you consider where we were a year ago with the virus breaking out, with the wuhan lockdown about to be announced, it has been a sterling performance since then. like you mentioned, we saw them leading the rebound. indicators are that the economy finished on a strong note. there are some weak spots. the retail sector has not recovered or bounced back to where it was pre-pandemic. these virus outbreaks

we may have a bit of an upside for the nifty.t minutes away from the start of the session in mumbai. we will begin to try having a look at what is going on with these markets as well. we have the prospect of another record after a day of declines on monday. we will just tell you what we have coming up. we are going to go to him after all. we will hear how he is planning a double-digit return to -- a return to double-digit growth. >> the co-vaccine is -- covid vaccine is showing efficacy of above 50%. in india, we just completed the control. i think at least we can control this. i think that this is very important. the variation that we have taken means that anyone can administer it because they are approaching it exactly the same. they don't have to find new ways of administering it. >> you have to do deals. you have to be able to think a lot of good deals. what is in the pipeline now? what kind of companies are you looking to acquire? >> this has been one of the finest in nine years in terms of growth. the banking financial serv

we also have the nifty down 6/10 of 1% following what's going on in the region. people invested, pharmaceuticals and tech, they are very crowded right now. where else are you looking? looking beyond the recovery story in india, are you not? across the board and across sectors. we have bottom-up stock inections and at most times, fact i would say almost any time, we don't have any top-down macro sector views or anything like that. we have a few pockets where we struggle to find a fortune, not invested in government owned countries. anything in the commodity sector in a long time on the utilities and so on. in sectors like id services and pharmaceuticals you mentioned, but also financials. private run banks. fantasticbeen investments for the last 20 years and several of them continue to do so going forward as well. and health care we already mentioned in export oriented segments of outside of i.t. services, like in chemicals, we are finding interesting support. some of them benefiting quite a lot from the supply chain diversification we are seeing happening amongst

nifty also higher. of the vaccines by the indian drug controller for emergency use in india providing that boost there. more doses expected to come. tele motors is one to watch, up domestic 3% off december sales. currently up about 2% now. auto, not to be outdone. banks also trading higher, up by about .5%. right now. that is it for us on this first day of trading for 2021. daybreak middle east is next. keep it here with us. this is bloomberg. ♪ is bloomberg. ♪ >> this is bloomberg daybreak middle east. our top stories, stocks start the year at all-time highs as vaccine optimism continues to boost sentiment, but the threat remains very real in many parts of the world. england could be forced to keep schools closed. positivity rates are above 9% in new york. japan may declare a state of emergency. president trump urges georgia election officials to find

yesterday on the radio, mike wright was described as a very nifty left back on 5 live.ecause that is where it might as a young man and i know there is a documentary. it is really interesting because he was a talented footballer, went away on holiday as a young man, put on a stone and a half and when he came back he was thrown away from totte n ha m back he was thrown away from tottenham and he wishes he has to ha rd tottenham and he wishes he has to hard work ethic he has now back then and he is trying to resurrect his career. that must have been a special moment. you now got a point to prove, i asked him, special moment. you now got a point to prove, iasked him, and he said only to myself right thank you.“ is coming up to 8:45am and carol can tell us all about the weather. hello. good morning. quite a lot going on today. a lot of cloud to start with across many areas. the other thing is it will be mild for most of us compared to earlier. we see some blues across the far north of scotland. the weather front producing some rain, heavy and persistent in the north—west as

nixon eventually seemed to settle on what was called the nifty dress, the midi dress. so short, medium and long. the question of how short pat nixon's dresses were became for a brief time one of public speculation and a kind of point of cultural reference. one magazine looking at some of the dresses that she was seen in, and trying to examine exactly with the length of her him was. in fact, while her daughters were shopping in new york for eight wardrobe for the 1968 campaign, mrs. nixon complemented her jogger julie -- complemented her daughter julie when she tried on a green miniskirt. it was in the show room of a designer in new york at the time called vincent mignon. julie told her mom, why don't you try them on because they were the exact same size. so from the best we can find, that is how it is that mrs. nixon came to try the minidress. she also adapted another style that actually started, or is believed to have started, in southern california in the glendale area. although some accounts claim it started in london. that was called a granny dress. what mrs. nixon

the police and in st petersburg as many as 10000 protesters swarmed of the city showcase boulevard nifty presby it was aleksey in the valley himself has been in custody since his return from germany in mid january cut off from direct contact with the outside world but the criminals vocal critic can still influence political life shortly after his arrest sympathisers released an explosive to our video. it presented a palatial mansion on the black sea coast i mean teen that it was built for the russian president and paid for with ill gotten gains but this movie gives him a welcome within just a few days. the video had racked up over 19000000 views it may well have been the match that spat the flame of dissent against president putin all across the country as here in moscow. is going to continue but the video shows how crazy our leaders are and proves these people must not be allowed to hold their power any longer the passing lane which meant is the only goal they share my life with my family in a tiny flat we are honest people not thieves but all around us are people who are enriching them

the police and in st petersburg as many as 10000 protesters swarmed over the city showcase boulevard nifty presby it was aleksey in the founding himself has been in custody since his return from germany in mid january cut off from direct contacts with the outside world but the kremlin's vocal critic can still influence political life shortly after his arrest sympathisers release an explosive to our video. it presented a palatial mansion on the black sea coast i maintain that it was built for the russian president and paid for with ill gotten gains but this movie gives him a welcome within just a few days. the video had racked up over 90000000 views it may well have been the match that's the theme of dissent against president putin all across the country as here in moscow. so to continue the video shows how crazy our leaders are and proves these people must not be allowed to hold their power any longer ask the passing lane which meant is that only cold. i live with my family in a tiny flat honest people not thieves but all around us are people who are enriching themselves illegally without

suffice it to say there are many rows of these boxes that are not a nifty shade of red filling up the archives in the space behind us. i want to point out that in addition to the textural records impressive though they are, we also have about 1,000,000 feet of film and about 650,000 photographs and we also have audio recordings, and to my mind , these are very arguably the most striking holdings of all. since they provide a really intimate feel for lbj's personality, for his tone, for his style, for the way he interacted with people around him. some of you may be familiar with these presidential recordings that have gradually been released from the lbj library and other presidential libraries over the last 20, 25 years. the lbj ones are particularly striking. now i thought i would, first of all, invite all of you to sample these recordings. many of them are available from lbj and other presidencies online. just to give you a tiny sense of what these recordings sound like, i thought i would play for you an excerpt of one conversation that lbj had with the republican minority leader in

so, would you buy some of those stocks as well >> no, my focus is more away from the nifty 50.bout how overpriced the market is, i would just say the infavor part of the market is not out of whack with current interest rates but i don't think current interest rates are sustainable, okay so, my biggest position is google i have a big position in microsoft. i have a small position in facebook i have a meaningful position in amazon but that's not where i'm trafficking. i'm trafficking in things like atheen ashland, global oldings, citigroup, contrast, mr. cooper. i have a decent position in general motors you know, i look for value, but i do have long-term concerns because i think the policies we're running are unsustainable. so, we have this push/pull we have the push of very, very stimulus and fiscal monetary policies hard to fight that presently, okay and then we have the pull of a new administration i don't know why they call them progressives for me, they're retro progressives but progressives, more government regulation. higher taxes, higher corporate taxes and rule the roos

. >> reporter: he was one of the first nifty confirmed coronavirus cases in santa clara county.region was hit hard early in the pandemic. as you will soon see, this story is not one of numbers. for me, this is very personal. you see, matt is my husband. it is what he describes as the hardest physical title of his life, he spent nine days in the hospital writing covid-19. they said we will put you under. i said how long? they said it could be weeks or months. >> reporter: at one point, his oxygen levels dropped. on the brink of being put on a ventilator, he wrote goodbye letters to me and our daughters. >> realizing that i could be unconscious and on life support for weeks or months, that is when i wrote the emails to the girls and you. is probably the hardest point. i face timed you. did not say anything. we just looked at each other. we were in silence. it was like, what do you say? >> that was it. it was the understanding of we do not know what will happen. >> reporter: it took months. thankfully, matt recovered. with laughter and in awkward non-handshakes, we were able to reu

at the same time, there are nifty approaches that the president can use but those have political costsknow, he has come in on a message of trying to bring resources, and trying to unite the country. and i wonder whether or not that kind of approach might back fire on him, enflaming some of the ideological approaches which, of course, are bunk and driven by disinformation. and still exist in the minds of people who choose to believe them -- whether or not those might back fire on us and leaving people feeling that their rights are infringed on. whereas this approach says, we're all doing it, and without the megaphone of the president's twitter perhaps a little finesse than force could be more effective in this particular moment we find ourselves in. >> it's remarkable how many people still don't regularly wear masks in public places. dr. abdul el-sayed, good to have you, sir. >> thanks. >>> prosecutors have charged more than 1200 people for their role in the capitol riots. investigators say now cummings the hard part. we'll tell you what they mean. pain hits fast. so get relief fast. on

thank you for donating the nifty is 150 hats. thank you for the director of property management for coordinating these tickets for our honorees. you have a ticket to an eatery in the bay view. this is not only delicious but run by one of our very own commissioners cat anderson. it has been open since 2018 serving food, cocktails to go. i speak for myself and the department when i say we truly hope the reward an gift you receive today-i can't speak. the gratitude that everyone in this room feels for your incredible work and hard service, you are doing to keep our parks clean safe and beautiful for all. thank you so much. i'm going to turn it over to our general manager. >> thank you. and thank you for such incredible remarks. obvious tip of the cap to tom harrison who i love and adore and i'll be front and center and present when that tree planting. getting close to the end now folks. usually what happens is there's a presentation of stumpy. there's a very quirky secret history which they've never shared with me because i'm manage

kennedy: you know me, i do not like to respond to aoc's shrill and nifty dog whistles with a near congresswomanouting some awfully dangerous and oppressive ideas that might be indulged to appease the progressive princess. listen to this whopper. >> i can say is that there is absolutely a commission that is being discussed. but seems to be more investigatory style rather than truth and reconciliation. and so i think that is an interesting concept for us to explore. and you know, i do think that several members of congress, and some of my discussions have brought up media literacy because that is a part of what happened here. around, we're going to have to figure out how we reign in our media environment so you can't just spew disinformation and misinformation. kennedy: all right dear, first it defined disinformation and misinformation please tell me how they are different? then tell me who decides fact from falsehood? and does this committee change members of the power shift? hyper partisans like this squeaky democratic socialist, or hardly objective. i can't imagine she was on her freedom caucu

minutes later for his 10th goal of the season but not without the help of robert evened off ski's nifty footwork. by an had barely finished celebrating when hoffenheim put one that just before half time thanks to andre crumb are a choice 13th goal of the season but that's as close as hoffenheim would get laver nasi made it 31 after just 57 minutes. king c c'mon with some slick play and the poland international finding himself in the right place at the right time. the floodgates had opened a church cannot be added in another to see the $41.00 victory for by on a scoreline that might sound familiar as by an event therefore one loss against hoffenheim earlier in the season. 7 days of a guy i'm still 2nd place laci get a one there win against live accusing 6 christopher cruz or the only goal of the match early in the 2nd half to secure his side the victory is still 7 points behind by give but i would leave the table meanwhile the queues and slip down to 4th after a 2nd consecutive laps. that's it for now more news coming in $45.00 it's. it's about billions. it's about our work. it's about t

the nifty, 4/10 of 1% higher. the rupee marginally higher.f this on a day which saw a swearing in of the 46th president of the united states. joe biden and vice president kamala harris went off with no problems despite heavy security and concerns about the virus itself it on day one, the new president signed a raft of executive actions. his to do list includes handling the pandemic. a weakening u.s. economy and these worsening ties with beijing. let's get the kathleen hays in new york. it is a big list. it is an economy that is perhaps teetering a little. kathleen: it is certainly an economy that has stood up to a lot. like every economy around the world, it has a big drop in gdp last year. it is absolutely clear that joe biden when he is putting out this new stimulus package, he is putting ending the pandemic at the very top of the list. it is a $1.9 trillion plan on top of $900 billion past just a few weeks ago. he has made it clear has so many have including central bankers, you have got to get the virus under control to get the economy gr

taking a look at the nifty moving to the upside. india's sovereign bonds.lining as the highest crude prices in 10 months have been stoking concerns about a bigger oil import price for the country . haslinda: back to our top story. resume joe biden certification process following the storm and of the capitol. several trompe l'oeil this are concerned -- trump loyalists considering abandoning ship. it does look like trump's closest allies are ready cook to confirm joe biden. >> count me out. that was the message from senator lindsey graham. the republican from south carolina moments ago on the senate floor in which he said he tried to be helpful to president trump and they had a heck of a journey. on the senate floor and he said he ultimately had to reach the conclusion to count him out, the direct quote. he was greeted with applause on the floor of the chamber. in addition to that, a series of senators who have come out and were planning to raise objections to the battleground states have now said they don't plan to do so, including senator kelly loeffler who

we could see a bit of a flat start for the nifty in india. the rupee is stable.e dollar after bit of dollar strength coming in, as well. andhat is the bank market the prospects for the indian trading day. haslinda? stories, our top president trump has signed a new executive order banning transactions with eight chinese apps. delistthis and on the think saga, let's bring in stephen engle. 45 days. the administration is no longer in power. are a lot of there questions about this executive order, 14 days before there is a change of power with the biden administration coming in. keep in mind, he can do away with this executive order if he chooses, and also, it does not take effect until 45 days later, which is well into the biden administration, so there are a lot of questions, as well, looking at past executive orders from donald trump on chinese cap apps, whether it is at onance's tiktok or wech grounds of national security threats. the courts pretty much threw it back at the white house. let's get into the details of this executive order, which is also on grounds

we do have the nifty down a fraction. this newsrward to coming out a bit later on.rice inflation in india is expected to have fallen sharply in december. if that is the case, it would be the first time in nine months. we are looking at a 5% handle as far as cpi goes in december. this drop in year on year inflation can be explained somewhat by base effect. we have a summer harvest pushing down food prices and a monsoon. inflation falling back into the two to six percentile range. it would clear the way for the central bank to begin cutting interest rates at the next fallacy review. -- next policy review. b.i. gettingre some more -- vr b.i. getting more wiggle room. a cfc bank up by 3/10 of 1%. others losing a bit of momentum. around 1%. the state bank of india as well. debt remains in india. donald trump has met with vice president mike pence for the first time since riots shook the capital. they pair -- the pair have vowed to continue working together for their meter of the term. there is a shadow ahead as democrats move forward with impeachment. let's cross to our

. ♪ haslinda: we are counting down to the india open, nifty futures pointing to a lower open, possibly of decline. another indices touching 50,000, india produces the astrazeneca vaccine. remember, overseas funds have buoyed the market in india, a net $2.7 billion coming into indian equities in january alone. coming up, we have the indian foreign secretary, who will be speaking to us about the indian vaccine strategy. and how he expects relations to be with the u.s. under a biden residency. for now, first word news with karina mitchell in new york. karina: the european central bank says the eurozone faces a double digit recession but maintains the current level of stimulus is enough for now. christine lagarde says output probably declined at the end of last year and will extend into this quarter. amid lockdowns, the ecb cap policy on holding its first meeting of 2021, saying further talks will come in march. >> the risks surrounding the euro area growth outlook remains tilted to the downside, but less pronounced. karina: meanwhile, relations between the u.k. and european union continue

the nifty bank index leading the rest of the index, currently higher by 1%.of the movers. infosys also in the negative. reliance of course reacting to the earnings numbers. a group tipping growth across several areas this year include farming and autos. speaking exclusively to me, discussing the government's role in boosting electric vehicles, plus the country's future relationship with the new u.s. administration. >> we have a number of exciting growth areas. a farm business around agricultural machinery, tractors , and instruments. we have a 43% market share in india for tractors. globally, it has doubled the size of the factory business but in india, it is nascent. second, with regard to our auto business, larger suvs. the new launch that we had has just been quite amazing. we have a nine month waiting list because our supply cannot really keep up with the demand out there. financial services are very strong businesses. logistics business as well as hospitality are seeing very good tailwinds. we have identified 10 growth jim's, which are unlisted entities,

of the break, we will have an exclusive interview with the ceo of a company that makes up 2% of the nifty coming up next. india's largest paint maker. all that is coming up, plus the open. this is bloomberg. ♪ this is bloomberg. ♪ haslinda: in our india focus segment, we are speaking with a man who runs the country's largest paint country -- company. it reported a 62% jump in net income for the third quarter. joining us exclusively is ceo amit syngle. good to have you with us. the strong numbers pretty much a reflection of pent-up demand. can that momentum be built in the coming quarters? amit: thank you for getting me onto the channel. it is great to be speaking to you. we've had a fabulous quarter on the backdrop of a great festive season. but what we have seen is that going ahead, possibly it is something we can sustain in a strong manner. because human sentiment looks very, very positive. the news of the vaccine coming. we see more people entering shops and entering the markets. we also see the resurgence of the urban market, which were down. and that is something that is a strong phe

looking at the nifty. half an hour from the start in mumbai.cations it will be coming off records in india, down 33 points on that futures contract. we will see how that translates into the open. the rupee little change. it has been a time for india where we have seen the rbi not doing anything with policy, saying recent measures is a step towards tightening, as it were. haslinda: the stock market, what a rally. in asia, the broader markets, gains, losses, the index currently flat. investors digesting the $1.9 trillion relief plan. south korea under pressure, down 1.2%, after governor lee talked about markets. the kospi went higher before that. the hang seng currently up 0.4%. we are looking xiaomi and cnooc, included in the u.s. blacklist. xiaomi plunging 8%. rishaad: the u.s. is blacklisting cnooc. it is said to be a last ditch effort against beijing by the trump administration. a dramatic plunge in hong kong today. joining us for details is stephen engle and our oil and gas analyst. what is the stated reason why they have come to this decisi

there will be areas of's of nifty -- areas of significant geopolitical differences, and things that are to be called out and spoken of. there is the trade opportunity, in terms of neutral -- mutual investment in the opportunity to access what will be the largest economy in the world in 10 years time. then there are the areas where we need global cooperation. climate change and to important conventions coming up, but without china at the table participating and contributing, these initiatives go nowhere. >> what do you make of china's efforts to rein in financial risk-taking? some say it is a move in the right direction. douglas: the chinese are certainly the most advanced in the world in terms of digitalization. but with that extraordinary expansion and capacity, service proposition to reach out customers, there is less concern -- less control from the regulatory authorities which could be the larger number of institutions. china has caused us to reflect as to whether it has, from a financial perspective, the right ways to control what would be the aggregation of individual consumers al

a look across your nifty futures.et is closed and still trading in singapore, pretty much declines in all but two sectors. the bottom of your screen as you see. we are talking about normalization in terms of policy in china what that might mean, especially across your risk assets. haslinda: can broader markets, sentiment and indented under pressure, a couple things being watched, the timing of earnings out of the u.s. among biggest companies, global stocks still close to a record high. investors looking for new areas today. we talk about how markets cannot go in a straight line, perhaps it cannot really. david: we have seen good examples, of hitting our heads on the ceiling a couple of times, and then record lows. that formula -- so far driven global stocks to records. we are off records now declines. valuations art records in many places around the world. investors looking for fresh catalysts, might get them in the form of earnings. a slate of earnings due this week in asia, very busy when you look at the u.s.. let's

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