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Transcripts For BBCNEWS World Business Report 20240707

welcome, here s what you need to know in business this hour. and we start with brexit. the uk prime minister borisjohnson is set to visit northern ireland later in a bid to restore its government. less than two weeks after the election, the democratic unionist party has blocked efforts to restore northern ireland s assembly, by refusing to elect a speaker. it s objecting to the so called northern ireland protocol the trading arrangement set up after brexit to keep northern ireland aligned with eu trade rules. the party says that creates a trade border in the irish sea and that puts it at an economic disadvantage. it says it wants to send a message to westminster and brussels that reform of the arrangement is necessary. but the uk business secretary kwasi kwarteng has told the bbc the government isn t looking for a trade war with the eu. we think it would be completely self defeating if they went into a trade war but it is up to them. what i am concerned about is political s

India s inflation to keep steady, growth on track - World

World Bank predicts India s economic growth to slow to 6 9% in FY23

India will be the fastest-growing economy among the seven largest emerging markets and developing economies (EMDEs) in FY23, indicated the World Bank report.

Rupee notches first monthly gain this year, but lags Asian peers

Rupee strengthened 1.6% to 81.4225 per dollar this month, while the greenback is down about 4.50% after softer than expected U.S. inflation data

DC EDIT | First sign of price relief; up to govt to insulate economy

DC EDIT | First sign of price relief; up to govt to insulate economy
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