India Business Correspondent
@BBC
l Previously
@ndtv
| Author: Random House Penguin, Jaico l Email: Nikhil.Inamdar
@bbc
.co.uk | Views Mine, Not Employer's.
2 actresses facing a drug probe flying in from Goa to Mumbai. Reporters parked outside:
- Goa/Mumbai airports
- Goa hotels
- Mumbai residences
- NCB HQ
- In cars on the chase
That's more reporters on one story than ever deployed to cover all of rural India over 75 yrs
Literally not a single Indian business channel has spoken about the sharp cuts in MGNREGA allocations. It is as if rural India doesn't exist.
#Budget2023
It’s cold as hell in
#Bombay
. The air quality is terrible. There’s paneer in every dish & more & more people expect you to speak good Hindi.
Basically it’s beginning to feel scarily like
#Delhi
😑
The story of my small town is basically the story of India.
There's a new Pizza Hut, KFC, Domino's, shiny malls & supermarkets, terrific fiber optic internet. Zomato/Swiggy deliver too!
What's missing? Roads, pavements, garbage disposal & any inkling of public administration!
'India works' a billionaire banker’s son tweeted recently, impressed by the service at Mumbai airport. He was returning home from his ivy league reunion in the US.
Next time try getting inside a rush hour local train before giving a hot take!
A Prime Minister has faced a brutal grilling by senior MPs.
34 ministers have resigned in protest of his premiership.
The media is reporting the proceedings freely & without fear.
That's a democracy at work!
#BorisJohnson
Editors of large Indian media channels who've sacked reporters, are tweeting
#PMModi
's plea asking industry not to lay off employees. 😂
#CoronavirusOutbreakindia
To those abusing journalists for being critical & despairing - its bec reporters reported the plight of the fleeing
#migrants
, that buses were arranged for them to get home.
Support independent media, else all you'll get is Taimur's refusal to give you flying kisses.
#COVID19
Rich urban Indians using words like 'disgraceful', 'deplorable' & 'irresponsible' to describe hungry migrants going home, just remember this: the pinnacle of your hardship during this lockdown has been slow wifi, absent maid & unavailability of avocados!
#21daylockdown
#COVID19
My entire household is down with a bad bout of food poisoning. So it's our Muslim domestic help of 40 years who's has been performing the morning pooja (without being asked to) for the last 2 days.
This is what defines our syncretic culture. Not segregation, violence & bigotry!
BYJU’s hiring Lionel
#Messi
as the global brand ambassador for their NON PROFIT initiative while laying off tens of thousands of employees bec their business is unable to make any PROFIT, tells us a thing or two about India’s start up ecosystem!
#ArnabGoswami
has moved the Supreme Court to fight the various FIRs against him. The court will expediently hear him at 10:30AM tomorrow.
That's great, esp in a pandemic!
But note this - there are about 45 lakh cases pending in India's courts. Many languishing for decades!
India's economy is on a ventilator
- Q1 GDP could contract 40%
- Bad loans likely to hit 15%
- Fisc already at 83% of the full-year estimate
- Gross tax revenues down 32%
- Credit growth, fuel demand, factory activity, corp earnings all contracting
Will a mandir fix things?
Over 5.5 million salaried Indians withdrew money from their Employees’ Provident Fund between Apr-June according to a media report.
This is a CLEAR sign of mounting economic distress among the middle classes. Such a move would've been unthinkable for many in usual circumstances!
Flight 6E755 was delayed by 1 hour bec they overbooked & asked a 65+ year old lady to sit on the crew seat near the toilets. She obviously refused so someone had to volunteer to get off the plane. Shame
@IndiGo6E
. Are you even legally allowed to ask passangers use crew seats?
Very much in keeping with the chaos that's unfolding nationally, I've just found out that our house help has been using Harpic toilet cleaner to wash our clothes for the last 3 days.
India has been receiving a generous amount of international aid. And there are legitimate questions being asked about how it is being distributed to the states & based on what criteria. In the interest of transparency the government should release a statement.
#COVID19
She’s bowing out, at 42! Rare & graceful in a world full of men who desperately cling to power even in their 70s, 80s & 90s, then become bitter, or demand ceremonial positions.
#JacindaResigns
As we close the year, I can't remember a single
#Bollywood
song from 2022. Perhaps because I'm getting older, but also the
#music
is so utterly forgettable!
That so many felt
#Pegasus
#phonetapping
was a damp squib is a comment not on the merits of the story, but on our general apathy about surveillance & digital privacy
Instagram makes it feel like
#Bombay
is all
#Dior
& the new Ambani venue in BKC. But for most of us it’s FOREVER about strolling down Malabar Hill on a breezy evening, gawking at pricy flats we’ll never afford & taking a Kaali Peeli home with Kumar Sanu blaring on the stereo 💙
Toyota in the morning : Won't invest in India because of 'we don't want you taxes'
Govt in the evening: Toyota WILL invest in India
Toyota, an hour later: ABSOLUTELY, we will!
Dire warnings on the economy today:
- Goldman Sachs predicting a 45% slump in India Q2 GDP
- FHRAI warns 70% of India's hotels & restaurants preparing for closure
Industry "confused, hysterical and in disbelief after listening to the FM’s speech," FHRAI release says
#COVID
One of India's most prominent media stars, often critical of the govt, has been taken off air for 2 weeks & had his salary for a month slashed, for making a reporting mistake & later correcting it
#rajdeepsardesai
#RaghuramRajan
joining
#RahulGandhi
on the
#BharatJodoYatra
is terrible optics! A central bank governor, even post tenure, should maintain political neutrality, if his views on economic policy are to be taken at face value. This gives the govt ammunition to attack his credibility
Truly alarming how many educated, thinking folk steadfastly believe it's the job of journalists is to spread hope, positivity & a favorable image of their country to the rest of the world!
#journalism
#media
Indian customs aren't clearing consignments of crucial Chinese pharma intermediaries/medical devices since June 15th, Pharmexcil, an agency under the Commerce Ministry told me.
It has made SOS calls to the PMO & says this could lead to severe drug shortages in India & globally.
My cousin just told me its too dangerous to do Investigative journalism in the current environment.
Her advice - "Stick to doing business reporting, no one cares for you guys."
I feel very useful this morning! 😑
#DanishSiddique
captured the most the defining images of a subcontinent in turmoil! From the Delhi riots, to the
#Rohingya
tragedy, to India's devastating second wave of
#COVID19
& the ongoing conflict in Afghanistan
Pictures worth a thousand words as they say
To live under a regime that takes no unscripted questions from journalists means we have scant knowledge of:
- Vaccine stratgey
- Containment strategy
- Preparedness policy
- Utilization of pandemic funds
India is a big bang information blackhole!
Indian
#journalism
has lost some of its most talented, diligent reporters during this pandemic. 40 were sacked from one
#newspaper
alone yesterday.
On the other hand the aggressive, exploitative, hate-spewing vultures of tabloid
#media
are going from strength to strength!
@blitzkreigm
I had the same thoughts about Jai Ho at the Oscars. Of course good for the industry, but begs a question on what parameters were used by the jury
A reporter reporting about himself on a channel that's also owned by the said reporter is the hot new trend in
#journalism
in India! 😎
This is a groundbreaking new model for the news broadcasting industry. It completely collapses newsgathering & HR costs.
Hearing more & more distressing accounts of economic hardship as the
#lockdown
hits day 37.
The sofa coaching guy who does the upholstery for my parents dropped by today to ask for food grain. Till a month ago he ran a busy workshop!
#COVID19
@StuteeMishra
@rohini_sgh
Bought this off a tribal
#warli
artist while on a shoot in Palghar today. Its his depiction of a starry full moon night. The brown background on the canvas is treated cow dung.
#art
#incredibleindia
Don't know too many
#KK
songs, and don't listen to new Hindi film music, but this one is an old favorite. What a mellow, sweet voice!
#RIPKK
#ShahRukhKhan
Have those lecturing
#ZairaWasim
abt quitting considered that an 18 year old could have legitimately been disillusioned by the toxic, sexist, nepotistic, success worshiping pressure cooker culture of Bollywood & found solace in her faith & that there's nothing regressive abt it?
#ShahRukhKhan
, arguably India’s biggest superstar (not so) gently nudging us to remember that diversity is this country’s defining characteristic. That religious plurality & cultural syncretism is where our beauty & strength lies!
#Bollywood
@iamsrk
"Deepika is Amar, I am Akbar and John is Anthony. This is what makes cinema, there are no differences": Shah Rukh Khan (
@iamsrk
) at
#Pathaan
press briefing
New industrial units in Madhya Pradesh will reportedly be exempt from providing workers with toilets, ventilation, lighting, rest intervals & weekends off.
Either they are drafted for a sub-human species or non-sentient robots!
#LabourLaws
If you are upper caste, middle class, part of a family WhatsApp group & discussing the migrant exodus you'll get an acute understanding of -
- class privilege
- white collar apathy
- urban myopia
- shameful illiteracy among India's educated
#IndiaFightsCornona
I spent two days at the
#BharatJodaYatra
to get a sense of the impact
#RahulGandhi
’s long ‘unity march’ is having. “With more work, this has the capacity to decimate the ruling
#BJP
,” he told me. Does it? Here’s a ground report for
@BBCWorld
@BBCIndia
Can't help but feel a burst of pride that
@priyankachopra
is in a
#Matrix
movie! Like her or not, can't dismiss the grit & tenacity it takes to blaze through every possible kind of bias - race, gender, language, culture - to finally find a seat at the high table in
#Hollywood
!
Every morning since the
#21daysLockdown
began, my unbelievably kind neighbor has been feeding my brother & I the most incredible breakfast. She is 70 & simply doesn't take no for an answer.
Bless her!
A rickshaw driver casually humming 'Yaad Piya Ki Aaye' with the supple dexterity of a trained singer. Good
#music
runs through the veins of this country, unnurtured & with little or no patronage!
Belatedly watched 'Saand Ki Aankh'! What a rousing drama & so beautifully mounted! Also truly electrifying performances by
@taapsee
@bhumipednekar
& the rest of the supporting cast!
#EidMubarak
! 💫🌙
As a non-Muslim, I find the idea of 'Zakat', or 'Giving' to those less fortunate than us, so significant! It is the very essence of Eid & resonates more loudly than ever in a world of sharp & growing inquities! The world needs more generosity.
The Mexican President is selling his govt plane to buy medical equipment for public hospitals. He views it as an extravagance & travels commercial.
India is splurging on two new custom built wide-bodied 777s for its PM - among the most expensive aircrafts in the world.
India now has 1,020 women per 1,000 men according to new National Family Health Survey data. But they make up -
- only 13% of the parliament
- 20% of the paid labor force
- 3% of CEOs in the listed universe
They also get paid 20-30% less than men.
LONG LONG way to go!
India's commerce minister is touting the rapid fall in imports because of recessionary conditions & depressed domestic demand as good news! Well...🤷♂️
Rapid Turnaround of Exports: Realising PM
@NarendraModi
ji’s vision of Atmanirbhar Bharat, for the first time in 18 years, India records a monthly goods trade surplus in June!
📖
Thrilled to be joining
@BBCWorld
in Mumbai as the India Business Correspondent. Back to full time television after a long freelance stint. Excited & nervous in equal measure.
Terrible to see friends/colleagues suffer bec of
#COVID
related job cuts. Many led comfortable lives & spent big - on restaurants, cars, gadgets, vacations - typical boom time excesses. But they forgot to save for a rainy day! We need financial literacy among the middle classes.
Global logistics majors DHL & FedEx suspend shipments between China & India as customs officials refuse to clear consignments.
Industry says supplies of medicines laptops, phones etc hit & shortages are imminent.
#BoycottChina
getting real!
My report
@BBCWorld
@BBCIndia
We are recruiting for an India Correspondent to join the BBC's business team in Mumbai. This is a terrific opportunity to service the channel's vast TV, online and radio output
Please apply through the link below.
#journalism
#job
The
#jobs
crisis quickly creeping up into India's formal sector. After mass layoffs in the media:
- Zomato letting go 13% of staff
- TripAdvisor laying off 900
- Hyatt sacking 1300 globaly, incl India
- Cure Fit firing 1000 people
Several more not yet in the public domain!
Within the span of just a few days -
The V-Dem Institute has classified
#India
as an "elected autocracy"
Freedom House has downgraded the country from "free" to "partly free"
And the UK parliament has debated a petition on
#press
#freedom
in India
Re-upping our long, investigative piece on
#byjus
. No paywall, so do read!
The clamour for regulating ed-tech is growing.
@malpani
told me he is preparing to file a public interest litigation in the courts
@BBCWorld
@BBCIndia
#Pathaan
has set the box office on fire, raking in Rs 100 crore worldwide on day 1 - a record for any Hindi film, and a much needed booster for
#Bollywood
which had a disastrous spell in 2022. So of course desi at heart
@BBCKarishma
& I chatted about it!
@BBCIndia
@BBCWorld
Noted Hindustani vocalist Pt. Rajan Mishra has died. He had
#COVID
. Couldn't get ventilator / oxygen support in time - a macabre narrative that echos through thousands of deaths in India right now.
RIP!
Some of the songs from Pyaasa and Kagaz Ke Phool should be given the
#Oscar
, retrospectively!
Also, Deepika Padukone was so cool, unfazed and totally unpretentious on stage! 👍
That's my hot-take on
#Oscar2023
Earlier this week BJP spokesperson Narendra Taneja told the BBC, the govt was caught off guard, because the
#COVIDSecondWaveInIndia
came like a tsunami, without any warning
The truth is, the govt was cautioned by multiple agencies & experts, but paid no heed
#COVID19
Those calling for
#BoycottChina
are possibly tweeting from a phone that's either made or assembled in China or has components that have been manufactured there! 🙄
I challenged my 9 yr old nephew to write a one page essay in 100 seconds. Here’s what he came up with -
PS - No I didn’t poop in my pants. He has a wild imagination!
And just like that I've completed a year at the BBC, living the biggest story of our lives!
Grateful I get to work alongside the best in the business & for an institution that remains the gold standard, especially bec around me, the profession faces a profound existential crisis
Absolutely important to clarify that these are not loans from the Chinese.
#AIIB
is Beijing headquartered, but not China owned. It is a multilateral organization & India is the second largest shareholder!
Yesterday, Govt confirmed in LS that four days after Galwan attack, Govt took a $750 million loan from Beijing based, Chinese controlled AIIB bank, to pay for Pradhan Mantri Garib Kalyan Yojana(PMGKY)
Bankrupt Modi govt Bans apps to distract while taking $$ loans from Chinese!
Fitch while downgrading its outlook on India from stable to -ve said -
The BJP's Hindu-nationalist agenda "risks becoming a distraction for economic reform implementation and could further raise social tensions"
A fairly uncharacteristic comment that went largely unreported!
#KangnaRanaut
tells Republic TV Bollywood's drug abuse & anti-Hindu agenda are inextricably linked. How? 🤔
She also says 99% of A-listers including a superstar with whom she had an affair & his wife are rampant drug users.
Wasn't she vehemently against blind items!?