but can india bounce back after that? that is the big question, and we will the a nswer is the big question, and we will the answer today. 0k, thank you. you will keep this up—to—date today, because those numbers are coming through in a few hours. as you can tell, this is very much a live programme here at bbc world news, instead not always go to plan. but that interview with the country's finance minister, you will hear that later on today, but you can also catch it online as well, it is on oui’ catch it online as well, it is on our website. now more from the mobile world congress in barcelona. as you know, our technology correspondent rory cellan—jones is there, and has been finding out about the potential of 5g connectivity. sg 5g is the term everybody is handy in around here at mobile world congress. there is a lot of hype around the next generation of mobile phone networks. intel has gone as far as to build an experimental 5g network at it stands to illustrate the possible uses of it. there is a d riverless t

therefore, india's gdp could become even bigger. that was the finance minister of india. form all on those growth figures, we are joined by our correspondent in mumbai. —— for more. you heard about the justification from the finance minister. but what impact will we see on the economy, particularly in these fourth—quarter figures? see on the economy, particularly in these fourth-quarter figures? well, these fourth-quarter figures? well, the figures that will be released later today will actually give us a clear indication as to what has been the impact of this exercise, because these figures are for the months of 0ctober these figures are for the months of october to december, 2016. and the government took this decision in early november. so this is going to give the first big picture of how it really hit businesses, consumers, and earnings across the country. most economists say that the rate should fall somewhere between ex—6 .3%. -- 6-6.3%. should fall somewhere between ex—6 .3%. —— 6—6.3%. some say below 6%. it could mean india would lose the tag of th

india. >> do you have any idea what it is like, how every day my real brother screams my name? >> i always thought that i could keep this family together. i need you saroo, what if you do find home and they're not even there? and you just keep searching. >> i don't have a choice. >> beautiful. >> every night i imagine that i'm walking the streets home and i know every single step of the way. i whisper in her ear. i'm here. >> glor: we are so happy to have dev patel at this table for the first time. >> yes, thank you, thank you for having me. >> glor: welcome. we were just talking about how many times you have seen the trailer. but this story never gets old, does it? >> i mean, i'm so happy to be promoting this film, you know. so i feel, i feel very privileged right now. >> glor: when did this-- when did this movie and this story first come to you? >> oh, god, i don't remember the exact specifics. but i was sent a news article by one of my agents. and i read it, and was completely enthralled

india innovation. we have seen that happen all overthe place. india is innovation. we have seen that happen all over the place. india is looking to lead in this area globally. it has broken the record that russia previously held. the size of these things has changed drastically over the years. 96 of them are from the us. they are dealing with international markets. the question is, it's about capability. in the uk, we are building great capability and satellite construction. we have and satellite construction. we have a satellite catapult that the government bonds. really leading the world in terms of how we develop technology. the indians are trying to play the race, the satellite space race. and they can do it very cheaply. i have had lots of tweets this morning about the uk doing this. india has a space programme, they have nuclear weapons, one third of indians live on less than a day. should we be giving them a? the question is not about where the money should we spend. even in the uk, as we spend in the satellite industry, we have questions about whether that m

last —— like most visually impaired people in india, finding work has a lwa ys people in india, finding work has always been a struggle. 0ne people in india, finding work has always been a struggle. one year ago, he got a job with a company that makes fragrances. his role is to ensure that the aroma is going into that perkins are pure by selling them. -- perth demons. translation: people respect me at my workplace, i am translation: people respect me at my workplace, iam now living translation: people respect me at my workplace, i am now living with dignity. -- perfumes. it is in a course like this that he was trained. it found that people that can't see have a keener sense of smell but the general population. in india, there are laws that mandate that a small percentage of governmentjobs should be reserved for people with disabilities but they are often difficult to get and there is not enough of them. that is why perhaps the solution lies with the and new opportunities like this one but are being created. initially, his employer hired people like him for corporate charity but the comp

australia arrived in india later this month. india will then play australia. it isa india will then play australia. it is a big series. everything that has been done in the lead up to that series is looked upon as preparation. having said that, bangladesh have a very good lineup. they have very good spinners, good batsmen who are capable of scoring big runs. they have had a good series against new zealand. india have gone on to score 356 for the last three wickets. this is because of some poorfielding by bangladesh. they should be able to give india some competition in this match. milestone in the countdown to the next winter olympics. one year and till the games, organisers are unveiled at the olympic torch. this will be the first time the country has hosted the olympic games. the participation of north korea is in doubt. organisers say they are adamant that their new neighbours must take part. translation: we are opening participation borders to all the countries, including north korea. in this respect, we would like to say that north korea not only have a d

india's government might have to keep some cards close to its chest, at least for now. after the pain of a cash crunch, it needs some of its big bets to pay the returns. and, for the latest on the budget, we are joined from delhi by our correspondent, and will this budget try to ease the pain from the cash crunch? all right. it looks like we are experiencing some communication problems. right in front of parliament, shilpa, where, in a few hours the budget will be announced by the finance minister. well, ten yea rs by the finance minister. well, ten years after the iphone took the world by storm, is apple losing its shine? the company released latest results and iphone sales were better than expected. but forecasting for the current quarter is below estimate and revenues in china are down 12% from last year. i asked our north america reported dave lee e of 2016 was a good year for apple. for the first time we saw the iphone declining as we saw any times and talked about on the programme —— dave lee. there were three quarters of decline, which relies heavily on iphon

forairlines, india has a lwa ys details. forairlines, india has always been a land of opportunity. a growing population, rising disposable incomes, and an increasing thirst for travel, these are helping the aviation sector in the country finally take off. when indians have extra money on hand, they usually buy things like cars and gadgets. but now more than before, they are choosing to travel, with many opting to fly overseas. last year, air passenger traffic grew by 23% but overall, only 100 million people flew, a fraction of the1.2 million people flew, a fraction of the 1.2 billion people in india. million people flew, a fraction of the 1.2 billion people in indialj am thankful for the confidence the 1.2 billion people in indialj am thankfulfor the confidence in... low—cost airlines are rushing to expand their fleets and take advantage. spicejet, the fourth biggest in india, is buying more boeing aeroplanes. it helps reduce the cost of maintenance and flights and the fuel burn, because this is a far more modern aircraft. it flies off to many more destinations than we do today.

seems like this could be repeated across india as pa rt could be repeated across india as part attempt to follow kaziranga's example and expand. the crowd starts throwing stones. the police response first with teargas, then with live rounds. two people were killed. translation: i have no one. my husband was the only person i had. i wa nted husband was the only person i had. i wanted to take his body, but they beat me up, and would not allow me to ta ke beat me up, and would not allow me to take his body, so i had to leave it. then they brought in diggers to destroy buildings. and the national park provided a team of elephants that slowly and deliberately went through the village, knocking down every home. this is all that is left. india's wildlife reserves are sanctuary is for its most revered species. —— —— sanctuaries. but it is in danger of testing the fate of local communities. we requested interviews from india's environment minister, the minister of the environment for assa m, the minister of the environment for assam, the head of the body that ru ns assam, the head of th

a moment of triumph for india's space ambitions. the launch off the southern india coast, scientists anxiously monitored the flight. all 104 satellites separated and .ere placed in orbit most satellites are american. the observers were here to witness the launch. of 100 fourh satellites in a single mission will showcase technology to launch at low cost and as a reliable partner. a budget india's is program. the cost of launches are 60% to comparablehan missions. there are plenty of successes. they sent an unmanned probe to mars, the first country to attempt.n its maiden the commercial space market is also becoming crowded, especially in asia. historically the americans and russians fought for space supremacy. these days it is india and china. the chinese are working on their own space station. india is considering a mission to venus. it is still only 1/5 of what china spends. it is a modest investment. one that india hopes will bring rich returns. bbc news, delhi. katty: the mystery surrounding the death of the north korean leader's

kaziranga is the only park in india which uses these powers. but there are plans to roll them out elsewhere. that was really interesting. what surprises me is just how many people have been killed in the park. 50 people in the last three years. that seems like a lot of people. let's cross live to mara largo, whetherjapanese let's cross live to mara largo, whether japanese politicians shinzo abe and old trump are giving a joint press c0 nfe re nce . abe and old trump are giving a joint press conference. the missile launches absolutely intolerable. —— launches absolutely intolerable. —— launch is. north korea must fully comply with the relevant un security council resolutions. during the summit meeting that i had with president trump, he assured me that the united states will always backed japan, 100%. and to demonstrate his determination as well as commitments, he is now here with me at thisjoint press commitments, he is now here with me at this joint press conference. president trump and i myself com pletely president trump and i myself

before the tourof india...joe has india, had he got thejob before the tour of india... joe has got the tea m tour of india... joe has got the team at a good time. i'm hoping it goes really well. i'm a bit worried it's going to knock his batting, that's my major concern. we've certainly seen him produce the goods with the bat england, scoring those runs. do you think the captaincy will have a negative impact on that? i hope it doesn't. it's done wonderful things were guys around the world like virat kohli and steve smith. very different characters. he's a brilliant character, brilliant fun to be around. i think some of that makes him the batsman he is. in the last year or so he's tried to be more sensible and show he's matured, his batting has lost a little edge. i think he's trying to be too sensible. i hope he reverts back to the old joe. like his grandad said, he's mad keen, the mad being the operative word. ben stokes comes in as his vice captain. what will their relationship be like? they'll have a very good relationship. they are both very similar characters, both

bangladesh will play their first test against india, in india on thursday. since gaining full test status in 2000, bangladesh have won just three out of 44 tests on foreign soil. bangladesh lost both tests in their tour of new zealand in the new year. and india come into the match unbeaten in their last 18 tests, although their captain says they are not going to underestimate the opposition, and that the match in hyderabad will be a special one. a highlight of this game is competing against a good team, and the other factor is playing well against india in one—day cricket, also, is another factor for us to get a game here. i think this is the ideal time to play. we are playing good cricket, and india against england, we played in different conditions, and different conditions in new zealand, and both conditions they show that they can compete. although if you look at... other than the result, so there is a lot of improvement. wales‘s number eight taulupe faletau will be available for saturday's six nations match against england in cardiff. the bath back�

in 2013, india sent a satellite to mars at a fraction of the cost of a satellite that was sent by the united states. i think it was one tenth of the cost. there was a joke that the movie gravity cost four times more than the indian satellite launch. it underlines how strongly india has approached this new market, basically allowing countries to take advantage of its technology, also the fact that it is being offered at a very competitive price. thank you very much for that. the pictures on your screen now, live from the space centre in india that has sent a record number of satellites into space, 104 satellites into space, 104 satellites on a single mission. this is bbc news, broadcasting to our viewers in north america and around the globe. my name's mike embley. our top stories: confusion surrounds the death of kimjong—nam — was the half—brother of the north korean leader poisoned by assassins? damage limitation at the white house as officials admit president trump knew there was a problem with michael flynn weeks before his resignation. a special report from the central afric

when i first became c.e.o., i went back to india to visit my mother, who was in india at that time. my father had passed away and my mother was there. i stayed at a hotel because the home was a little bit more rugged and i wanted the comfort. so, she told me i had to dress up and show up at 7:00 a.m. in the morning. i wondered why. but when mom gives you instructions, you follow them. when i got home and sat in the living room, a stream of people started to show up. they would say hello to me and go my mom and say, "you did such a good job with your daughter, she is ceo, but not a word to me. when i watched that interplay going on, i realized that i was a product of my upbringing, and my parents, if my father had been around, they should get the credit because of what they did for me and to me that allowed me to be who i was that day. and it occurred to me that i never thanked the parents of my executives for the gift of their child to pepsico. so i came back and started to write my reports and senior executives and writing the story, my cultural background, what happened when i wen

the satellite launch in india. a phenomenal achievement, i'm sure launching 104 satellites is pretty difficult but i think what it shows is for somewhere like india, a developing market like india does not go through the industrialisation faith that the western world did because these countries can see the destination. they don't have to go through the process , they don't have to go through the process, they jump from they don't have to go through the process, theyjump from being quite underdeveloped to being right at the forefront of technology in some cases and that is what this is all about. interesting point because we have been covering this all morning and we have seen lots of tweets and so and we have seen lots of tweets and so forth and questions have been raised, some people have said, hang on, india has launched this amazing rocket and has this programme and yet something like 150 million indians still don't have a paul allott. yes, and probably 100 million indians with engineering degrees. -- 150 millio

the price was the division of india. fora price. the price was the division of india. for a while, price. the price was the division of india. fora while, the price. the price was the division of india. for a while, the north of india. for a while, the north of india ran with blood as hindus, muslims and sikhs slotted one another. —— slaughtered. men and women pass prince philip on the saluting base. commentator: milkha singh of india! it is first, milkha singh, second placed south africa. milkha singh whose incredible story has been told —— turned into a hollywood film called run, milkha, run. from me and the rest of the witness team, goodbye. hello, good morning. things are calming down a bit for this weekend. on friday, we had an area of low pressure bringing strong winds onto the south coast of england — gusts of 60 mph. big waves and rough seas. outbreaks of rain and even some snow over the hills. and here, earlier on in the night across parts of northern ireland. the wet weather is moving northwards up into scotland right now. clearer skies following on

i know india's hot. i know india's hot. >> it was just the angle, mathematics. >> stephen: it was lovely to meet you. thank you for being here. >> lovely to meet you, stephen. "quantico" airs mondays on abc. priyanka chopra, everybody! we'll be right back with thomas sadoski. stick around ooohhh yeah. keep breathing. keep breathing. im breating, let's go. you make it protective. can you go a little faster? just trying to be safe. you make it hard working. hey guys. you make it so everyone's happy. going further to make life better. that's ford. and that's how you become america's best-selling brand. remember 2007? smartphones? o m g ten years later, nothing's really changed. it's time to snap out of it. hello moto. snap on a jbl speaker. put a 70" screen on a wall. get a 10x optical zoom. get excited world. hello moto. moto is here. the moto z with motomods. get 50% off on moto z droid. before you set out, you plan to capture every moment. ♪ but what you really can't plan for is when the moment capture

plus india unveiled budget plan february 1st. the draft for fiscal deficit 2017 will decline 3.2% of gdp as opposed to fiscal 2016, 3.5%, confirming india's effort to restore fiscal health. >>>> will recover and remain an engine for growth. >> translator: india's withdrawal of high value bank notes has had an adverse impact on the economy. but there will be fresh supplies of cash in march/april, easing the cash crunch and eliminating the problem of people can't buy because they don't have money. they will likikely be a bump in consumer spending after that frugal period and the economy will hopefully improve. india's economy is growing at above 7% whereas china's gdp is below 7%. the high flying growth will likely continue, probably the highest among major economies. >> and you can catch a report again online together with a full transcript. look for nhk world and business wrap. that's a look at business news and i'm going to leave you with the markets. >>> a mayor backed by tokyo's governor is enjoying his re-election win in one

that was telling the bad loan story of india. rishaad: well, what is the guidance coming from management on over all asset quality? alarm bells are ringing. , senior management had a call but were not willing to give us clear-cut guidance for the coming quarters. they said there are lots of moving pieces, and the growth of the economy is also slowing, so they can't give clear-cut guidance, but reiterated they would be resolving most of the issues this year. very muchk, thank you indeed. joining us there from them by s results. icic' india's second-biggest private sector lender by loans with a 19% drop in third-quarter profit , laid at the doorstep of burgeoning bad loans, and indeed, led to a net-net interest income, a key gauge of profitability, for banks, the first time that net interest income has fallen in most seven years. bloombergahead on markets, the big stories of the day so surfar. busier than usual, most markets under lunar new year. we will take a closer look, china pmi, exports out of korea, and a look at these numbe

we want to compete here against india. it is going to bea here against india. it is going to be a tough series. they have got some quality players in their lineup. australia's t20 side avoided a series whitewash against sri lanka by winning the third and final match in adelaide. openers aaron finch and michael klinger both made half centuries as the home side made 187 for six in their 20 overs. in reply, sri lanka were bowled out for 146 with two overs to spare. tennis, and the top seed angelique kerber is through to the quarter—finals of the dubai duty free championships. kerber sealed her place in the last eight with victory over monica puig of puerto rico, who beat her in last year's olympic final. kerber won 6—2, 6—3. if the german wins the title in dubai this week, she'll return to the top of the world rankings. she plays ana konjuh of croatia next. the number ten seed caroline wozniack is also through to the quarter—finals. she had to come from a set down to beat the ukrainian kateryna bondarenko. wozniacki won the deciding set 6—3. and she will

kaziranga is, like the rest of india, densely populated. this is one of many tribal communities that have lived in or alongside the forest for centuries. they say increasing numbers of innocent villagers are being shot. look at this. this is the village road. just over here is the national park full of all those wild animals. there are no fences, no signs, and if i was to step across, and into it, there is a real danger that i could be shot. gaonbura's parents believe their son mistakenly crossed into the park in december 2013. 25—year—old gaonbura had been looking after the family's two cows. his father believes the cows strayed into the park, and his son, who had severe learning difficulties, went in to try and find them. translation: my son was shot in the chest by park rangers. they also slashed his arm. i don't know whether they used an axe or something else. kaziranga told the bbc that guards shot gaonbura when he did not respond to a warning. he could barely do up his own trousers, or his shoes. everyone knew him in the area beca

it isa it is a big moment for india? absolutely. as you know, india has had a very successful space programme. it has really created a reputation for being a very reliable space launch. a low—cost alternative as well. i was speaking yesterday to people who follow space science very closely, they were trying to explain to me why the launch is so significant. it is notjust that there are so many satellites, but there are so many satellites, but the fact that it is so complex. although the satellites are small, you must ensure they do not collide when they are launched. it is a very complex procedure which is why eve ryo ne complex procedure which is why everyone associated with the launch has been so anxious about it. india have been pressing ahead, this business of putting commercial satellites into space has been growing for a few years. china and japan have also outlined old space exploration plans. many people are saying if it were the russians and americans in the 60s, it is now the indians and the chinese who are the space riv

india's finance minister has been aimed at boosting investment. now, more on this. give us an idea of what he has been doing here. >> i think the government and the finance minister have in mind the election coming up on saturday and also the impact of the ban on the high denomination last month.n place he outplayed a budget that would ease some of that. spendinginfrastructure . an increase in social welfare spending. tax cuts for people earning under 500,000 rupees. tax cuts for companies with a turn over under 500 million rupees. oft takes and 90 -- 96% companies in india. that should be a boost to that sector as well. these are some of the policies which seem to be aiding the room communities-- rural . in india, state elections coming up on saturday. very important. rishaad: hugely important. these are politically to the budget, as well as the people of india, supported the prime minister and the government. bumpad: spending getting a of. -- up. how will they pay for all of this? planning anthey are increase of 13%. part of this will be for the income tax. they a

run the risk of actually disrupting supply chains within india. then you could actually see that spelling into inflation as well as hike currency count. we don't know how long it will take for the supply chains if they do get disrupted to come back. there is a short-term of fact. everyone is focusing on it. that is something that will be there. we are more worried about the andly side impact medium-term affect not just on growth but on the currency count. runs asia's largest budget deficit. you can see it may not be any different this time. that has resulted in bigger deficits. the white line is the imf gdp. how will budgets sit with the rate increases? you might argue that there has been some consolidation. asmay not be as much investors expected. if you add the speed and the central government there has been no fiscal consolidation at all. we take the official figures, you haven't managed to bring down the consolidated fiscal budget and that raises questions about the structure of indian public finances. >> we will have to leave it there. thank

the imf and world bank have all cut their forecasts for india. the revived this, visitors feel it is important that the rate cut... banks start reducing rates, so that businesses can borrow at a cheaper rate and consumers start borrowing money, so that they can 51:9. rt}! borrowing money, so that they can start — and frf’mef, 5— one grrfmjaj, 73 one thing grr’mjij,7 one thing?! 7 7 reg/lye rowth. but one,t ' ' ta ke reg/lye rowth. but one,t ' ' take i you reg/lye rowth. but one,t ' ' economy ”i recover. = reg/lye rowth. but one,t ' ' economy ”i recover. —— i reg/lye rowth. but one,t ' ' the| economy ”i recover. —— i reg/lye rowth. but one,t ' ' the| ec| rupee f? recover. —— i reg/lye rowth. but one,t ' ' 86%... severe | prime heads for a 41—4 112.4; +- |'::l——x-— a...— -. with 41—4 1555545: 5- |'::l——5-— 55... -. with trump. = close the countries are close trading partners but ever since mr trump took office relations have turned more frosty. earlier i asked if the sentiment in japan had more frosty. ea

you could look at virat kohli from india, joe root is in the same sort of class as a player. root into the team that lost 4—0 in india last year and faces south africa in summer before the ashes to come winter. who knows how he will affect? we can, though, guess his approach. in the words of his grandfather, mad keen. former england captain michael vaughan believesjoe root is ready to imitate virat kohli, who also took over as captain of india at a young age. australia's steve smith became the skipper of the baggy greens in 2015, and this is how his record stands after 1a matches. kane williamson followed brendon mccullum as the new zealand captain, and he has won more than he has lost in the last 12 months. but by some distance the most impressive record belongs to kohli, whose 23 tests as captain includes a 19—match unbeaten stretch. and kohli's india beat bangladesh by 208 runs in their one—off test in hyderabad, concluding on monday. having been set an unlikely a59 to win their first ever test match on indian soil, a fighting half—century from mohammad mahmudullah

[ cheers and applause ] we're here in little india, and i think this is the best little india in all of usa, right? i want to throw a party right now. everybody, let's start this party! ♪ ♪ ♪ ♪ >> put your hands up, everybody! ♪ ♪ >> how large is the community here? >> 200,000 people. >> that's india and pakistan and what? >> india, pakistan, a few nepalis. >> so 200,000 and rising quick. sunil is on 1320 on your a.m. dial. himalaya is a beloved pakistani restaurant ran by kaiser lashkari. >> the food here is amazing, like india and pakistani mix together. >> now, how does that work, because over there relations not so friendly. here it is everybody, is it all peace and love? >> yeah, you know, there is no boundaries here. i see so many homes, new homes, new subdivisions and people just going up. on my street, 18 homes. 12 out of them are from other countries -- india, pakistan, malaysia, indonesia. and once you live together, you become family. how many brown people here? any non indians? i want to see non indians. do we have any non indians? i'm going to see how good th

. >> it would take a lifetime to search all the stations in india. ♪ >> do you have any idea what it is like? how every day my real brother screams my name? >> i always thought that i could keep this family together. i need you. >> what if you find home and they are not even there? you just keep searching. >> i don't have a choice. >> what does it feel like? >> beautiful. ♪ >> every night i imagine i am walking the streets and i know every single step of the way. ♪ >> and i whisper in her ear, i'm here. ♪ jeff: we are so happy to have dev patel at this table for the first time. dev: yeah. thank you. jeff: welcome. dev: thank you. thank you for having me. jeff: we were just talking about how many times you have seen the trailer. [laughter] a true story never gets old, does it? dev: it is -- i mean i am so happy to be promoting this film. and so i feel very privileged right now. jeff: when did this movie and story first come to you? dev: god, i do not remember the exact specifics. sent aistened -- i was news article by one of my agents and i read it and i was completely enthralle

i know india's hot. i know india's hot. >> it was just the angle, mathematics. >> stephen: it was lovely to meet you. thank you for being here. >> lovely to meet you, stephen. priyanka chopra, everybody! we'll be right back with thomas sadoski. stick around ooohhh yeah. keep breathing. keep breathing. im breating, let's go. you make it protective. can you go a little faster? just trying to be safe. you make it hard working. hey guys. you make it so everyone's happy. going further to make life better. that's ford. and that's how you become america's best-selling brand. but what you really can't plan for is when the moment captures you. marriott now has 30 brands in over 110 countries. so no matter where you go, you are here. join or link accounts. th...oh, baked-on alfredo?e. ...gotta rinse that. nope. no way. nada. really? dish issues? throw it all in. cascade platinum powers through... your toughest stuck-on food. nice. cascade

he is the first person out of india's community to be appointed to the post. after an acrimonious stand—off with its previous chairman, it will bea with its previous chairman, it will be a huge shift here at the headquarters of tata. he is the seventh chairman of the tata group. he spent his entire professional life inside the group. he is popular amongst employees and has long in the favourite for the new role. it is lower —— it is largely accepted that the task ahead of him is nothing more —— short of monumental. the tata group has interests ranging from steel and cars to salt and tea. but many other companies have been struggling in recent years. luxury car makerjaguar land rover and tcs are generating enough profits to keep the group afloat. together they account for more than half of the combined revenues. so natarajan chandrasekaran‘s first challenge would be to reduce the dependence on these two businesses and turnaround others. his second big challenge will be making a decision the future of tata steel in the uk, when it has suffered heavy

also, going on, india's budget is improving. there are probably saying we are doing so well on inflation. the white line is the bloomberg intelligence measure of inflation. let's look at the budget. india is promising to cut the dungeon -- budget, reduce it to 3% in fiscal year 2019 and 2020. also, bond yields expected to fall. bottom line, it is pointed out that in the past when the budget deficit was cut, they encourage india think -- bank to cut. rishaad: how much of this is akedently based in -- b in? >> the indian rupee drops for the first time in 10 days today on this expected rate cut. you can see how it was rallying. then, today, this big move. weakened. weekend -- after all, we don't know how big of a bite it will take out of the economy. there is a risk that commodity prices could rise, more than the r.b.i. is looking for. ise.s promising a hike rate goldman sachs says they will cut the rates. the worst of the cash impact is over. it a, as a good currency, it could be the rupee's time to shine. it will stay at 6% until

genie: next to india. india is announcing a big change to try and help the poor for the coming year. >> the lowest income tax rate has been cut in half in the new budget. the prime minister announced increased spending on infrastructure. the government is looking to win back the elementary elections and say the economy took it been -- took enough last year. >> the decision to pull 86% of bank notes out of circulation shocked indians and hit the poor particularly hard. in this new budget plan, the government is vowing to push ahead on economic reforms and offer new policies it says will help india's poorest citizens. >> the monetization>> has a strong potential to generate benefits in terms of reduced increased financial savings and mobilization of the economy. the monetization helps to transfer, which can use these resources for the welfare of the poor. >> among the proposals, cutting the lowest personal income rate in half, along with a raise in corporate tax cuts. charging over 7.5 percent growth over th

india is more nacent. right now it's can you see china growth with a renaissance there, especially going into iphone 8. that's key not only for apple but in the industry, with google coming in and samsung. it comes down to china is the key fuel in the growth engine for apple. >> tim cook again talking up the prospect of his services sector of the business. is that just a misnomer? do you believe in that? can it lead to what many analysts say, if it a bigger portion of the pie -- >> what was it, 18% growth? >> yeah. when you look at services, soft wear soft softwear could lead to more sales, it's the differentiator on the ecosystem. higher margins, that's where it is supposed to double into 2020. we can see more focus on the services piece as you see more commoditization side. >> the stock has run up since the election, outperforming other dow members. getting a nice pop on this release this morning. what do you tell investors to do? load up, buy more? can you own this for four years of a trump administrati

this is monastery part of a tibetan colony in india. we're in a remote part of india where a unique partnership is starting to take shape between scientists and tibetan buddhist monks. this is "vital signs." i'm sanjay gupta. call it between science and spirituali spirituality. mindfulness and meditation and the impact that can have on our physical health and the champion of this cause is none other than the dalai lama himself. 13,000 tibetan monks in exile live here and this particular monastery is now celebrating its 600th anniversary. there's also this air of anticipation as a very special guest is set to make an appearance. the dalai lama has been the spiritual and political leaders. the nobel peace prize winner is here for a meeting of the minds with scientists and buddhist monks. it's called the emery tibet partnership that started in atlanta nearly 20 years ago. right from the start, the dalai lama puts everyone at ease with some candy and a whitewash cloth on his head to cool him down. and then we had the honor of sitting down w

the maniacal killers in india's tech industry. oliver: melinda gates opens up as to what she sees as the biggest threat to global health care. carol: the first star trek inspired cruise. oliver: all that ahead on "bloomberg businessweek." ♪ oliver: you had the opportunity to talk to melinda gates. how did you choose where to start the conversation? megan: they released their annual letter every year, and this year on the 10th anniversary of this amazing gift that legendary investor warren buffett gave to the foundation, $30 million, so they wrote their annual letter directly to warren buffett, here is what we have done with that money. here are the lives that have changed. humanity, lives saved, we are working to eradicate poverty. but that was really what is so interesting about this letter and why we start out that interview talking about how warren buffett has impacted their lives and what they chose to make that decision and how fundamental that investment has an in shaping what the foundation has been able to do. carol: thi

india is the fastest-growing market. the move could also be a way to score brownie points with india's government. super bowl 51 is just around the corner. the annual championship game is the biggest event for the nfl. one company that depends on the nfl is draftkings. we checked in with their ceo. >> an interesting question, because fantasy points typically reward offense. there is a defense position you choose, but it is one of several on the roster. atlanta actually had a few extra fantasy points and bigger performances. if you factor in the defense, new england has the edge and will probably win. it could go either way. it will be exciting to watch. caroline: what about commercials coming from you? are you putting your marketing budget to work. there was a lot spent this time last year. is that being cut back this year? >> we did not do much advertising this year. we've never done a super bowl commercial. it doesn't make a lot of sense, we advertise at the beginning of the season. being 2015,ast year we did a tremend

from india she wants to come back to america. she loves this country, despite the concerns she expressed. we are hearing that one indian society in the us is advising internationals not to speak in their local dialect. you've been in kansas for the last couple of days. what are people telling you? i went to an interfaith vigil at a local church, not farfrom i went to an interfaith vigil at a local church, not far from the bar, which has reopened, it reopened at iiam which has reopened, it reopened at 11am on saturday following what happened. but the mood at the interfaith vigil, there were white americans bear in a large number, and many indian americans. many indian americans i spoke to say they love this area and they think it's a united community and so they aren't concerned about living here specifically, but of course they are devastated about what happened because many people here knew srinivas and alok. a fundraising website set up to pay for the family support of a man has raised more than $500,000 so far. a friend who sa

apple switches its focus to india following a slowdown in china — we'll cross live to delhi for the latest. the european for the latest. markets have opened for trade the european markets have opened for trade and are holding pretty steady. we will bring them to you when we get them. also in the programme: brexit — round one. as eu leaders gather in malta — its prime minister calls for a "fair deal" for britain — but warns it will pay a price for leaving. and following the announcement that snapchat will be listing on the us stock market, today we want to know — would you buy shares in a company with a limited track record of turning a profit? in fact, it has not made a profit. the value of facebook has tripled since it went public in 2012, but will snapchat be a similar success? do you snapchat? in the last few hours the social networking company has filed documents to float its shares on the new york stock exchange. it's likely to be the biggest ipo in the technology world since facebook floated in 2012. for those of you who don't use it — it's kind of the opposite of facebook

a new study has warned that india's air pollution now rivals china's. the report by the us—based health effects institute suggests india's worsening air quality causes over a million premature deaths there every year. and staying in india — the country hopes to set a new space record later, by launching 104 satellites into space in a single mission. these pictures are from the indian space research organisation that launched eight satellites with one rocket in september last year. russia currently holds the record, with 39 satellites sent into space in a single mission. and the front cover of vogue paris. it is to feature a transgender model on its cover for the first time next month. the brazilian model, valentina sampaio, has more than 32,000 followers on instagram and she posted this image of herself on the cover of the french fashion magazine, saying, "so proud and super happy." back to our main story now — the death of the north korean leader's half—brother. david kang is the director of the korean studies institute at usc and joins us in l

india has created history by launching a record 104 satellites from a single rocket. all but three of the satellites are from foreign countries, 96 are from the united states. with this successful effort, the indian space research organisation surpasses its russian counterpart, which put 39 satellites into space, in a single mission in 2014. let's cross live to delhi, sanjoy majumder has been watching the launch. the satellite has been launched or is it still reaching the level it is supposed to get to?|j is it still reaching the level it is supposed to get to? i can confirm that within the past hour, or 104 satellites have been separated from the rocket launch vehicle. they have 110w the rocket launch vehicle. they have now successfully been placed into orbit —— all. a big moment of congratulations for all the signs of. they are very pleased, the announcement went out just a of. they are very pleased, the announcement went outjust a short time ago. congratulations are pouring in, led by the indian prime minister. he described it as yet another proud moment for th

rishaad: that is the word on india's budget. coming up, we look at how a trade war with china would offset any fiscal boost in the united states. rbs chairmanfrom on donald trump's policies. that is on the way. ♪ let's have a look at business flash headlines, volkswagen paying 1.2 billion dollars to resolve u.s. consumer claims. the proposed settlement is with the federal trade commission, and the tribe first of 78,000 three liter diesels, including vw, audi, and porsche models. total penalties, by fax, and fixes to more than $23 billion. j.p. morgan and certain affiliates have agreed to pay $800 million to resolve remaining litigation from the lehman brothers bankruptcy. the bank handed over $1.4 billion last year. this deal does require bankruptcy court approval. for februarys set 16. lehman brothers was the biggest bankruptcy in history in 2008 with more than $600 billion in debt and liabilities. sony shares under pressure. out later on. investors watching for demand for playstation consoles and gaming software. that divisi

and milkha singh of india! milka singh of india's coming on the outside! and it's first milkha singh, second spence of south africa... milkha singh there, whose incredible story has been turned into a bollywood film called run, milkha, run. that's all from witness this month, we'll be back in february with more stories from history told by the people who were there. from me and the rest of the witness team, goodbye. some colder weather on the way by the end of the week, a nagging easterly wind on the way. we have got some rain also in the short—term, and that won't be arriving until tomorrow morning, so for the time being it is dry, a window of calm, i wouldn't say clear weather, because there will be mist and fog forming, but light winds and clear spells through this evening, just a chance of a bit of rain in the south—east, one or two showers dotted around. the frost forms through the early hours right across the country, weather you are in the north of the south of the uk, temperatures in city centres one or 2 degrees, but in rural spots no doubt be

caroline: would india be the right country, given the average earnings power in india is less than china? do they have as much of an opportunity in that country? >> there is more of an opportunity in india. if we look at the growth of the smartphone adoption in china, that will grow 50% in the next five years, but that will double in india. if you look at these markets, the middle class and upper class are very large market, even thicker than the u.s. a lot of upside. caroline: a lot of upside. we will have more upside from you because he will be sticking with us. we are going to be sticking on apple, our top story throughout the show. back to another story that continues to spark controversy. donald trump's travel ban. tech titans are continuing to react. amazon's ceo says his company is working hand-in-hand with state officials. on top of that, reuters is reporting a group of tech companies are planning to meet to discuss filing legal documents in support of a lawsuit challenging the ban. among the companies invited, airbnb, netflix, and google. joining us is mark bergen who is coverin