Which is the second economy of the country contributing nearly 9 of the countrys gdp so that gives you a context of why tamil nadu is important to the political establishment in terms of Policy Making as well. Weve also seen in the last several Many International brands have increased their footprint in the country of late and most one of the most important werai for manufacturers, foxconn which started Manufacturing Iphones in india so it is the added element as well. Political parties have always showcased before an investment that is, thatis before an investment that is, that is elections, and fire just pull out from tamil nadu and given the picture, there are total of 102 seats which are total of 102 seats which are going to pulse today, out of 143 so its important to understand that there are issues like unemployment uneducated in the youth struggling to getjobs, question is about public spending which is slowed and also, the fact that there has been pro inequality in the country
Economic concerns. At the forefront, the voice on the torres straight islanders talking about unemployment, how indias educated is still struggling to find jobs. Public spending has been added lowest in the last 20 years as well as inequality has widened to 100 year high. So while on paper, in remains one of the Fastest Growing economy in the world, a fact that the ruling part of the party is looking to showcase as it hopes to come back and regain powerfor a record third time, the opposition is hoping to win on the argument that this development but the rolling bjp has not been enough and has not been for everyone. But test for indias political establishment begins now. In the us, netflix kicked off the Earnings Season for Technology Giants with the report card which meet expectations. The streaming giant added more than nine Women Subscribers in the first quarter, Technology Media analyst Ben Barringer gave us the breakdown. The numbers were strong, generally across the was up 15 , ve
happened during the pandemic, they are done now and it s a combination of factors that has caused us to really continue to be able to grow. be able to grow. baszler what ha ens be able to grow. baszler what happens to be able to grow. baszler what happens to interest be able to grow. baszler what happens to interest rates, - be able to grow. baszler what| happens to interest rates, you decide as as you help decide those and your current best estimates is that those us interest rates which have put up interest rates which have put up to join inflation only come down a little bit this year and may be at the back end of the year? may be at the back end of the ear? . , may be at the back end of the ear? . , , may be at the back end of the ear? . , my year? that s exactly right. the us economy year? that s exactly right. the us economy will year? that s exactly right. the us economy will continue - year? that s exactly right. the us economy will continue to l us economy will co
site. , . , happening on the unemployment site. ., , ., ., site. tesla shares have fallen to their lowest site. tesla shares have fallen to their lowest level - site. tesla shares have fallen to their lowest level in - site. tesla shares have fallen to their lowest level in more | to their lowest level in more than a year. this came after deutsche bank raised concern over the electric vehicle makers on creating new products like rubber taxi while its profit is under pressure. shares in the elon musk led company fell after the brokerage cut its price target for the stock. is boom time electric vehicles over? rising electricity cost plus the end of generous government subsidies in some countries have made it is more expensive compared to cars running on petrol and diesel. in norway, nine out of ten car sold this year have been electric models. my year have been electric models. my colleague has been speaking to the state secretary of the norwegian of transport. i think the reason nor
0bviously what happens to interest rates, you decide those, you help decide those and your current best estimates is that those us interest rates, which you have put up tojoin inflation, only come down a little bit this year and may be at the back end of the year? that s exactly right. the us economy will continue to grow through 2024 but that growth will come with a cost which is that inflation will come down very, very slowly. and because of that, it s going to be important for us to keep our policy at a restrictive level. we will be able to ease some of that restrictiveness at the end of 2024 and i think we probably won t get to target until well under 2025 and another thing that i try to tell folks is, let s be patient. let s not be in a hurry especially since there is so much stuff happening on the unemployment site. tesla shares have fallen to their lowest level in more than a year. and this comes after deutsche bank raise concerns