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 imf said it welcomed steps announced by policymakers earlier this month to stabilise china s beleaguered property sector. lets get the low down now with louise loo, who is china economist at oxford economics. louise, looking for china. projected to grow beyond expectations. projected to grow beyond expectations. yes, exactly. this is very expectations. yes, exactly. this is very positive - this is very positive assessment. i think the upgrade to the growth forecast notjust this year, next year, suggest to us that there is a good sense of expectation that policies will continue to be quite supportive of the economy. i think generally it is quite good news if you think about the different structural problems the economy faces, including property. including property. property bein: including property. property being the including property. property being the main including property. property being the main one. - including property. property being the main one. it
market share, opening more stores, adding more distributors ends telling more problems for the it overtook apple as a second most popular smartphone maker during the first quarter of the year. but now apple has reason to celebrate. the companies iphone sales in china rose 52% in april compared to a year ago. that s according to data from a research company is affiliated with the chinese government. that entity, the china academy of information and communications technology doesn t track apple specifically instead it measures the increase in foreign shipments. but in the an branded game, apple is the lead player. and apple could see more games for that is been discounting select models which could lead to more sales. staying with technology nvidia s momentum continues, with its stockjumping 7 percent to hit another record high on tuesday. the chipmaker and leader in the artificial intelligence space is now valued at $2.8 trillion. it is currently wall street s third most v
i m samira hussain. i m arunoday mukharji. well, india hasjust had a mammoth election. 6a2 million people voted over a month and a half. and these elections are important because whatever happens here has global ramifications. and the results, they were surprising. narendra modi will keep his job as prime minister. but the intractable leader, well, he now depends on other parties to back him up. actually, arunoday, you broke down the numbers. let s take a look. the world s largest democratic exercise. elections in a country of 1.4 billion, done and dusted. here s everything you need to know about the results. the bjp won the most number of seats, 240, but it s still not the victory narendra modi was hoping for. he has 63 less seats than what the bjp won in the last election, and less than 272 that is needed to have a majority, which means he is not the final word on politics or policy, and will have to rely on unpredictable alliance partners and establish a consensus. other t
The Trinamool Congress (TMC) has unveiled a nationally focused manifesto for the ongoing Lok Sabha elections, emphasizing its implementation plans once the INDIA bloc government assumes power, according to senior leader Amit Mitra. The manifesto highlights welfare schemes, economic policies, and employment strategies, including support for MSMEs, the gig economy, and the unorganized sector.