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Business Matters: India endures severe heatwave

India endures severe heatwave

30/05/2024 GMT

BBC World Service - Business Matters, India endures severe heatwave

Millions of Indians are struggling to deal with a severe heatwave.

Parts of northern and central India are sweltering under record temperatures with more than 37 cities recording temperatures over 45C this week.

As an intense heat wave sweeps across the north and west of India, Rahul Tandon looks at the impact of this on the world’s fastest growing economy.

The price of heavily subsidised bread in Egypt is to quadruple from June. The BBC’s Sally Nibil explains just how significant the news is and why the subsidy is such an important source of government support for the less well off. 

And as the former co-working giant WeWork looks to be on the verge of agreeing a deal that could see it emerge from bankruptcy, we look at how reduced demand for physical office space around the world has affected the sector.

Talking about these - as well as other big business stories from around the world, Rahul Tandon is joined by Rebecca Choong Wilkins, Bloomberg Senior Asia Correspondent in Hong Kong and Sushma Ramachandran, Independent journalist and columnist with the Tribune newspaper, in Delhi, India.
(Picture credit: Hindustan Times/Getty Images)

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