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Transcripts For BBCNEWS BBC Business Live 20170309

Seeing opening slightly down. Is it childs play or an incredible Business Idea . Is it childs play or an incredible Business Idea 7 the is it childs play or an incredible Business Idea . The former publisher who opened the door to magical toys. And the former uk chancellor, George Osborne, is to be paid almost 800,000 a yearfor osborne, is to be paid almost 800,000 a year for advising the osborne, is to be paid almost 800,000 a yearfor advising the us fund manager forjust 48 days work. Politicians are out of office but in the money. Do you think this is right . Get in touch. Welcome to the programme. We start in the south korean capital, seoul, where whats being called the trial of the century has begun. The man in charge of the countrys biggest company, samsung, has formally denied charges of bribery and embezzlement in a scandal that has also seen the president impeached. Samsung may be a household name Around The World, but its boss isnt. So, what do we know about him . Jae y lee is

RBI raises FY24 inflation forecast to 5 4%; flags need to go beyond keeping Arjuna s eye amid galloping food prices

India s central bank today raised/held the inflation target for this fiscal year, while the citizens of the world s most populous country are burdened with surging food prices. Experts say that the food price pressure may further intensify amid El Nino threats and a normal monsoon season is not enough to curb the galloping pace of price rise.

La Tomatina: A taste of inflation, political strategies at Mint Street and Parliament

Tomatoes are causing a stir in India due to increasing prices caused by harsh weather conditions and reduced planting areas, impacting inflation projections and catching the attention of the Reserve Bank of India and the Indian Parliament. The RBI today raised inflation forecast for India, largely due to food price shocks, while the government vouched how well they have handled price pressures.

Not just tomatoes and veggies, a lot else fills the RBI s basket of inflation woes

Rising food prices, including a doubling in the price of tomatoes in India and a shortage of sugar, have increased the nation s headline inflation. Food items make up almost 40% of the Consumer Price Inflation Index and shortages of sunflower and soybean oil, drought in Europe, an international shortage of coffee beans and uneven rainfall across India s agricultural belts have all contributed to price rises.

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