Of the Biggest Companies 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. Also, 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 then, 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 slow growth in industries, uneven Weather Patterns that have affected agricultural production, and reduced consumption post the festive season. Luxury and high end good sales have helped, but vehicle sales, that of tractors, two wheelers and cars, have shown Consumption Demand moderate in both the rural and urban quarters. Private sector investments still arent flowing into the economy. And the government spending, which has been a major driver of growth in previous quarters, is slowing as the country heads towards national elections. Despite that, india will hold onto its ranking as the Fastest Growing major economy of world for a third year a premise on which Prime Minister Narendra Modi is seeking a record third term in office this year. India has become an attractive market and an alternative to china for global investors. Brokerages expect the pace of growth to continue with gdp expected to surpass that ofjapan and germany in 2027. For the country as a whole, the country is expected to grow at 7 levels, which is resilient in the face of fluctuating inflation. This even gives the central bank more incentive to hold on interest rates. Chinas Search Engine giant, baidu, which is listed in the us, has reported its latest earnings which showed a rise in its quarterly revenue, thanks to its Generative Ai Applications doing quite well. It runs the ernie bot, which is chinas answer to answer to chatgpt, which is banned in the country. There are already over 80 so called large language ai services in china and the industry is further expanding. So the ernie bot has come to its fourth generation, and it has been acquired within baidus Business Landscapes all over, its navigation map systems. So that ernie bot is the driving engine for its chat bot that provides news, guidance for the road trip or Something Like that, and also in terms of industrial applications, ernie bought is one of baidus leverage to to get into the vertical industries such as legal, advertisements, marketing, and et cetera. Ernie bot. China have been in competition in many aspects, especially in the tech sector, but when it comes to ai, as i said, chatgpt is currently banned in china so where do Chinese Ai Companies stand in competition with regard to us rivals . Looking at the generative ai technologies, perse, china is actually lagging us by about 1 2 years. But if we look at the market size, the untapped market and also the potential, china is actually very application driven an application specific. So, we can see a growing number of potentials and applications already embedding these Ai Generative technologies all over the vertical markets, from the Gaming Industry to advertisement, to e commerce to Search Engines. You know, there are much more potential and Market Leverage for such technology. Lawmakers have averted a shutdown in the us. Funding bills will now be extended to march aid while the rest of the budget will be extended to the 22nd. March 8. Democrats and republicans have been far apart in negotiations on issues such as Border Security and aid to ukraine. For the last two years, Indias Tata Group has been investing millions of dollars in transforming air india. The conglomerate inherited a tired airline, a fleet of old planes and bad debt. Air india also faces challenges, such as a slowing Global Economy and concerns around boeing planes it has ordered. But the carrier says the investments are paying off. Suranjana tewari caught up with air indias Chief Executive and asked what makes india such a promising market. If you look at the size of the opportunity of india, its already the worlds most populous country, growing fuller from an air travel prospective 7 internationally. It has the geographic advantage the same as the middle east and others in connecting regions of the world together. And it is a hugely underserved market from an indian carriers perspective. India only had 43 widebody aircraft, whereas much smaller countries had multiples of that. So, the Connectivity Opportunity from india to the rest of the world, to serve notjust the 37 Million People in the diaspora, but the Business Opportunities in india becoming a greater part of the Global Supply chain, as well as international connecting hub are there, so, i think this investment needs to be seen in context of the broader opportunity. Your rivals are very established and carry most of the indian traffic. How do you propose to catch up with them and compete . Well, in the case of the Domestic Market, there is consolidation happening. For tata group, theres four airlines. We are looking to integrate those. And the Domestic Market will be largely served by the low cost airline which we are in the process of tripling in size. The International Market will be driven by more aircraft but improving the proposition on board and Distribution Service sales, reliability, reputation and connecting more cities around the world nonstop with india. I think if we do that, we appeal to a new travelling market, and, of course, we can then bring people back to fly nonstop to india, rather than suffer a 4 5 hour Transit Connection somewhere in between where theyre starting from and where theyre going. Youve ordered 220 new boeing max jets. Given everything thats been going on with boeing, are you concerned at all given the size of the order . I think Airline Safety is a long, hard won Battle Design and manufacture, training operations. So, anything that calls into question the robustness of that whole ecosystem is clearly of concern to us. Of course, we are raising the highest levels with boeing and with every other manufacturer, because our expectations are to operate the most safe airline that we can possibly do. You say you are raising those concerns. Have they given you any extra assurances . Well, they clearly keep us informed with what theyre doing, the actions theyre taking, the seriousness with which they approach that issue, but beyond that, its not appropriate for me to talk about that. We are not affected, we do not have any bad engines in our fleet. With respect to our aircraft coming in, they are on track. We have whitetail aircraft had already been produced, those ones are on schedule. The aircraft coming off the production line, that starts towards the end of next calendar year and at this juncture, they are on schedule although this industry has a habit of surprises so we will wait and see. In terms of pilots, we have recruited and trained the pilot cohort that we need except for a few limited areas where we have been massively increasing our fleet for example, our triple 7s. And we are the only source of supply so we had to temporarily recruit from overseas to staff that fleet. And before we go, we have been telling you about bitcoin which is on a roll. It has now hit 60,000 For The First Time in over two years, a rally of 42 this month. That is it for this edition, thank you so much for watching. Join us tomorrow if you can. Voiceover bbc news, bringing you different stories from across the uk. Back to training in middlesbrough, ilias is thinking about his next bout after taking the Welterweight Belt in darlington. Theres your Welterweight Champion its everyday training, no days off, even after the fight. Straight in after two days for the next fight, obviously. 0bviously, at this amateur level, you keep going as much as you can. At pro level, you get injured more. Amateur, you can just keep going. Theres a lot into it. Theres loads of different martial arts, more than 30 i would say. But overall, its mainly mental toughness that you need. You need, obviously, the discipline. You need mental toughness. You need to be able to carry on going even when your body is tired and tells you to stop, you keep going. Ilyas� s proud dad has been supporting him since he started at 14. Im very, very proud. Weve been working hard to get this. The skys the limit now. Weve got one title there. Weve got another title lined up at the end of march there and another one injune as well. After that, ilyas and his team have their sights set on the american circuit. Voiceover for more stories from across the uk, head to the bbc news website. Hey, imjulia with the catch up. Tonight mps� bodyguards, x is underfire, and rayes victory story. But first, prince harry has lost a court case against the government. Its over how much security he gets when it comes to the uk. His Security Status got a downgrade when he stopped being a working royal. His lawyers said that decision was unfair, and theyre going to appeal this latest ruling. Eni aluko, the england striker turned tv pundit, has spoken out against x thats the app that used to be twitter. She got a wave of abuse when the former footballer joey barton attacked her football commentary. Some people were sending racist, sexist, and threatening messages. Speaking to the bbc, she said shes reported bartons posts multiple times, but x hadnt taken any action. 0nline abuse, from somebody who has millions of followers, feels like the world is caving in on you. Some other stories now the safety of some mps is under threat as the outbreak of the war in gaza. They are going to get extra security and some might have bodyguards. In fi, red bulls Team Principal Christian Horner has been cleared of inappropriate and controlling behaviour, after an internal investigation. Hed previously denied the allegations. And well leave you with ten seconds of raye. I want to feel. Yes, she broke records with seven Brit Nominations in one year but now shes gone and won best songwriter in an early reveal before the awards show this weekend. Thats you all caught up now, have a good night. Hello there, and welcome to sportsday with me, will perry. Coming up on the programme a last minute Connor Gallagher winner for chelsea breaks leeds� hearts in the fa cup. Christian horner� s been cleared after facing allegations of innapropriate and controlling behaviour at red bull. And he hopes to play at the olympics in paris but could july draw the curtian on andy murrays career . Welcome along to the programme. Just days after their League Cup Final misery, chelsea are into the quarter finals of the fa cup, thanks to a 3 2 win at home to championship side leeds. 5lives senior football reporter ian dennis was at Stamford Bridge. A hard fought win as chelsea snatched a 90th minute winner to the relief of Mauricio Pochettino and the Stamford Bridge crowd. They struggled in the second half and with extra time looming, gallagher fired past millie a. Leeds united were the better side in the second period
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