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Business Matters: Chennai Battles Deadly Floods

News

Chennai Battles Deadly Floods

03/12/2015 GMT

BBC World Service - Business Matters, Chennai Battles Deadly Floods

With crippling floods in southern India, we hear what the impact has been on business

The Chennai floods and its impact on business, India's looming demographic crisis and its unofficial blockade of neighbouring Nepal.

We are in India where severe floods are crippling the city of Chennai. Many companies are facing offices inundated with water. Is a lack of infrastructure making matters worse? British MPs have voted in favour of air strikes against Islamic State targets in Syria. We hear how politicians spent more than 10 hours debating the issue in Parliament. 

The speaker of Brazil's lower house of Congress has introduced impeachment proceedings against President Dilma Rousseff. We get the latest from the BBC's Daniel Gallas in Sao Paolo. Also in India, a demographic time bomb is ticking. There are already 100 million elderly people and those numbers are set to more than triple by 2050. With no universal pension scheme, aid agencies are warning the growing number of poor and frail people is going to stretch services and eat into economic growth.

Presenter Anu Anand is joined in Delhi by Sruthijith KK, editor of The Huffington Post in India and Ralph Silva, our regular commentator in Toronto, Canada.

A flooded street in Chennai. Credit: Reuters

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