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
helped to slow down the rate of price increases for non food products, which eased injanuary down from over 3% in december. i m joined now by shanti kelemen, chief investment officer at m&g wealth. good morning. this isjust what we want to hear before the bank of england has its first meeting of 2024, which happens on thursday. meeting of 2024, which happens on thursday- on thursday. yes, we will have a decision on thursday. yes, we will have a decision from on thursday. yes, we will have a decision from them - on thursday. yes, we will have a decision from them on - a decision from them on interest rates, wiley expected to keep rates unchanged and thatis to keep rates unchanged and that is positive news for inflation and a prices, on the other side we do have the economy still not in a recession and wage growth has been pretty strong. there are some factors balancing inflation, thinking it might not be a sharp drop in the next few months. to not be a sharp drop in the
the way to attack emergency shipping tucked away in a norwegian field. and paying tribute to an unsung hero of the second world war. we ll tell you the story of the wooden wonder. hello and welcome. a rescue operation is continuing overnight in southern turkey and northern syria after two huge earthquakes killed more than 4,300 people. blizzards are making it even harder to find those trapped under collapsed buildings. leaders from around the world have responded with offers of help. here s azadeh moshiri. it s a race to save lives that includes the smallest ones. syria s voluntary civil defence group the white helmet pulled our committee out to safety, they say the home of his family north of aleppo has been completely destroyed by the earthquake. syria was already torn apart by a war, home to millions of refugees, the white helmet say ahmed is one of them. millions of people are reeling across the region from the horace they would stir. my wife is still the horace they wo
today, the business headlines will be dominated again by the huge profits made by one of the world s top oil companies. this time it s the turn of bp its latest results are out in an hour and a half and it is expected to reveal it s made substantial sums in the last quarter. last week, shell announced it made record annual profits of nearly $40 billion in 2022, double the previous year s total and the highest in its 115 year history. energy firms have seen record earnings since oil and gas prices jumped following the invasion of ukraine. dr carole nakhle is chief executive of crystal energy, a consultancy that provides advice, research and training to the energy sector. thank you for being on the programme. if we look at the numbers to begin with will bp be record numbersjust like be record numbers just like shell? be record numbersjust like shell? i be record numbers “ust like shell? ., ~ , shell? i don t think bp will be an outlier shell? i don t think bp will be a