Business
Germany Said to Near Deal to Build Submarines in India
Germany is nearing a more than $5 billion deal to build six submarines in India, according to people familiar with the matter. Sudhi Ranjan Sen reports on Bloomberg Television.
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India is being viewed as lagging the global AI trade as investors prioritise chips, compute and infrastructure. Ruchir Sharma explains how low R&D spending and exposure of software and outsourcing jobs are weighing on sentiment. He also outlines potential positives, including strong nominal GDP growth, a valuation reset opportunity, and the chance for India to benefit later as AI adoption shifts toward productivity gains. Rockefeller International Chairman Ruchir Sharma joined Haslinda Amin on Insight with Haslinda Amin.
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US, Iran Forces Clash; Trump’s 10% Tariffs Deemed Unlawful; Jobs Day | Bloomberg Brief 5/8/2026
Oil wavers after the US and Iran clash near the Strait of Hormuz as Washington awaits Tehran’s response for a potential deal to end the war. A federal trade court declares President Trump’s 10% global tariffs unlawful. Veronica Clark of Citi looks ahead to the April payrolls report.
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Steven Mnuchin, founder of Liberty Strategic Capital and former US Treasury Secretary, says he supports the proposal released by the Securities and Exchange Commission that will allow US companies to choose to report earnings semiannually. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Mnuchin also comments on the economic impact of AI, the conflict in Iran, the federal budget deficit and Federal Reserve monetary policy.
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The standoff around the Strait of Hormuz has removed millions of barrels of oil from markets, exposing stockpiles, spare capacity and even OPEC. Here’s what would get energy markets back on track.
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#Oil #Markets #OPEC
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@harshu346
January 30, 2024 at 10:28 am
Sell shovels to gold miners
@ratnakamal1
January 30, 2024 at 10:28 am
India and Germany are nearing an agreement to build six submarines in India. With this India will be spreading its defense purchases: GE aero engines and reaper drones from the U. S., Rafael-Ms from France, and now the German subs. Indian reliance on Russia will gradually decline. Russia has become an unreliable supplier due the Western sanctions and domestic
issues. For example, after the initial batches, the S-400 supplies are now halted. India was buying the Russian arms because that country was the only willing supplier, the prices were low although the quality was poor. Now, the U. S. and the major European powers are vying for the Indian contracts, the newly rich India could afford the Western equipment, and strategically India wants to cut down reliance on Russia. So, it’s a combination of several factors.
@debdeepmukherjee1373
January 30, 2024 at 10:28 am
MOU= Near deal sighn 😂😂😂
15 ka pouch khyo jake bhiya
@rakshit8570
January 30, 2024 at 10:28 am
We have tech bubt not will, thats why we could build nuclear power sub but not diesel one bcz its not under PMO and we want everything to be build by govt owneds Psu's.
@sujitsingh2138
January 30, 2024 at 10:28 am
Germany already have huge investment in india like Siemens and all and its in recession german chancellor couple of months ago went to china with business delegation so did Emanuele macron so there is nothing unusual about it as well… Relationships are all about money and not with regards to kindergarten emotional quotient… 5.3 billion dollars deal who wouldn't take it ? After all money doesn't grows on trees …. They all know who is supplying oil and gas to Europe to run their economies in recession as well.. its simple 😂😂
@ujjwalkumar1624
January 30, 2024 at 10:28 am
he just india doesnt have tech to build subs , but we build nuclear submarines from scratch on our own , and are building 10 more of those
@kuldeeps90
January 30, 2024 at 10:28 am
Typical Illiterate wannabe experts. "India never build a Submarine, it doesn't have the technology"??? What a dumb statement from an ignorant. India is part of a very niche group having design and manufacture SSBN (Nuclear powered and Ballistic Missile carrying submarines). "INS ARIHANT" and "INS ARIGHAT"
@randybutternub031
January 30, 2024 at 10:28 am
China is quaking right now 😂 GLORY TO INDIA!!
@Quenchedfooty
January 30, 2024 at 10:28 am
Where did you find this moron? Why he is allowed to talk? As an expert ? India has built nuclear ballistic missile submarine indigenously.
@nps7742
January 30, 2024 at 10:28 am
Anti indian germany really, does modi become mad or what
@nps7742
January 30, 2024 at 10:28 am
Its a conventional submarine its not high tech we are building nuclear submarines why we waste on conventional submarine tech when we can build nuc sub . It's a temporary fillup for our navy
@nps7742
January 30, 2024 at 10:28 am
Ya our nuclear submarines are built with the help of russia…
@nps7742
January 30, 2024 at 10:28 am
We are giving a 5 billion deal to german begging bowl
@distractionb
January 30, 2024 at 10:28 am
Learn English
@jac9176
January 30, 2024 at 10:28 am
There is a correction. It had made Nuclear Ballistic missile submarine by its own, currently pursuing aggressively to make Nuclear attack subs.
@Tom-fw6bx
January 30, 2024 at 10:28 am
Can people poo direct into the water from within a submarine that does not have a toilet?
@JB-mn2gu
January 30, 2024 at 10:28 am
Why don’t you get your BRICS buddies to build your U boat?
@samditto
January 30, 2024 at 10:28 am
I would be so happy as a cook on an Indian submarine
@chessdad182
January 30, 2024 at 10:28 am
Dumb
@goldenstars5181
January 30, 2024 at 10:28 am
RUSSIA did not take the opportunity what it had in future 3rd biggest ECONOMY & DEFENSE POWER, at minimum. Russia simply treated India as money customer. Even now Russia still doesn't want to collaborate with India below surface level. Russias CHINA pivot will fail big big time. Iam really sad for Russia, this complet unnecessary war & suffering is so many blunders for Russis, too much to talk in few minutes
@visheshsarbhai8379
January 30, 2024 at 10:28 am
0:25 wtf is this guy smoking India has been building its own submarines since 1997 we built our own nuclear submarine in 2016 wtf Bloomberg I know u hate us but common fools
@waynecmontgomery
January 30, 2024 at 10:28 am
This move is to stop the Indians from buying Russian-made military equipment.
@pspsdan
January 30, 2024 at 10:28 am
What the hell !!! India does not build submarine ? This journalist should be punished for peddling such lies …what is INS Kalvari ? and IHS Arihant ?
@VENOM-kd4cs
January 30, 2024 at 10:28 am
I have a question if india can't build his submarines
Than who build India's nuclear submarines ?
You guys think you are superior…. 😂😂 BUT the reality is you guys are only puppets and Clowns ….. Educated fool's… When time comes we will show you our capabilities
@Makedonac007
January 30, 2024 at 10:28 am
🇬🇧
I build My flying submarines in Japan, and Utah
So tbat they are kept buay, and i can build in peace what I want ⚖
@AJ-iu6nw
January 30, 2024 at 10:28 am
Lol where is that one India account that goes something like India Super Clean or whatever xD Saarr
@astralislux305
January 30, 2024 at 10:28 am
China will be all over it.
@kth6736
January 30, 2024 at 10:28 am
India is winning the russia-ukraine war. 😂😂😂
@marktrinidad7650
January 30, 2024 at 10:28 am
Sad to see India with a population of a billion cannot make a submarine all by itself.
@ArabicReja973
January 30, 2024 at 10:28 am
I am still not clear about this deal.
– Are these submarines nuclear powered?
– and for what market?
@simrans3675
January 30, 2024 at 10:28 am
Noice!
@lastChang
January 30, 2024 at 10:28 am
China🇨🇳 is declining.
– India🇮🇳, a Quad member, has the potential to be the next only Asia superpower.
@dsdsdsds88888
January 30, 2024 at 10:28 am
Great 👍