Richest man, Mukesh Ambani mix it mixing that with the huge presence that disney has, there, means it is a huge disrupter for that sector, and itll probably be subject to Regulatory Approval because of that. Lets turn to the us, where its economy grew at an annual pace of 3. 2 from october through december. That figure is less than the commerce departments initial estimate. But Consumer Spending grew by 3 in the same period. Strong exports also contributed to Fourth Quarter growth. From the worlds biggest economy to the worlds Fastest Growing economy indias latest gdp figures are due out later today. The south asian country experienced an impressive first half of 2023. But its growth is expected to have slowed down in the last three months. The bbc S Archana Shukla explains. After an impressive first half of the year, Economic Growth is expected to slow down in the october to december quarter. What is taking it down is a slowdown in industries, uneven Weather Patterns that have affecte
So what is driving this revival in bitcoin . Erin delmore reports. Its been more than two years since we have seen Bitcoin Cross the 60,000 mark, but the cryptocurrency did just that on wednesday, even soaring to 64,000. It may be closing in on its all time high of 68,000. There are a few reasons why crypto enthusiasts are fired up About Bitcoin these days, newly approved Spot Bitcoin Exchange traded funds have investors buzzing and there is a change coming up in april when bitcoin miners start getting less bitcoin for their efforts and the spectre of lesser supply fuels more demand. 0ne lesser supply fuels more demand. One more thing than any background here, the Federal Reserve is expected to cut Interest Rates this year, that stokes investors because interest in alternative investments like cryptocurrencies. But its not all smooth sailing, some uses of queen based global, the largest trip to exchange in the us unexpectedly saw their balances drop down to zero among the bitcoin buzz
And a large part of that has been driven by growth in the manufacturing and the construction space. Some of the numbers do offer a lot of question marks because if you look at agriculture, if you look at industries, you know, our core sector data is from steel, cement, all of them have actually shrunk. Consumption, in fact, has also been weak too, almost for the nine months it grew by only 5 . And thats why there was there has been a lot of question mark, but a large bit of this has been pushed by the Government Spending in the construction space. You know, Building Infrastructure around the country and some bit of private capital and private investments also seem to be flowing in to the economy right now. And that has pushed the growth to this level right before the national elections, where Prime Minister Narendra Modi is seeking a third term in power. Narendra modi. And this is the premise, the high growth rate where india has become somewhere an alternative to china for most compan
Obviously a 40 market share of india and the Indian Diaspora is absolutely huge. These are two huge companies, Reliance Industries is one of the Biggest Companies in the world, owned by asias richest man, Mukesh Ambani mixing that with the huge presence that disney has their means it is a huge disrupterfor that disney has their means it is a huge disrupter for that sector, and itll probably be subject to Regulatory Approval because of that. Turning to the us where its economy grew at an annual pace of 3. 2 from october through december. That figure is less than the commerce departments initial estimate. But consumer spending, which accounts for about 70 of us economic activity, grew by 3 in the same period. Strong exports also contributed to Fourth Quarter growth. From the worlds biggest economy to the worlds Fastest Growing economy indias latest gdp figures later today. Will be released later today. Its economy experienced an impressive first half of 2023. But its growth is expected t
In the world, owned by asias richest man, Mukesh Ambani mix it mixing that with the huge presence that disney has, there, means it is a huge disrupter for that sector, and itll probably be subject to Regulatory Approval because of that. Lets turn to the us, where its economy grew at an annual pace of 3. 2 from october through december. That figure is less than the commerce departments initial estimate. But Consumer Spending grew by 3 in the same period. Strong exports also contributed to Fourth Quarter growth. From the worlds biggest economy to the worlds Fastest Growing economy indias latest gdp figures are due out later today. The south asian country experienced an impressive first half of 2023. But its growth is expected to have slowed down in the last three months. The bbc S Archana Shukla explains. After an impressive first half of the year, Economic Growth is expected to slow down in the october to december quarter. What is taking it down is a slowdown in industries, uneven Weath