resilient, one difference between here and the us, the us is further along, and our central bank is more conservative and always looks at the us for guidance.- at the us for guidance. what are the key at the us for guidance. what are the key factors at the us for guidance. what are the key factors driving i at the us for guidance. what l are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? impact the economic outlook for the ear? , ., . impact the economic outlook for the ear? ., the year? the economic outlook is lookin: the year? the economic outlook is looking at the year? the economic outlook is looking at 296 the year? the economic outlook is looking at 296 with the year? the economic outlook is looking at 296 with inflation i is looking at 2% with inflation looking at mid single digit level, with the rate currently, most economists expect no rice today and potentially three cuts
widening probe. the mumbai. tell us more about this widening probe. widening probe. the issues can turn delicate widening probe. the issues can turn delicate concerned - widening probe. the issues can turn delicate concerned the - turn delicate concerned the payment division of the company which can keep deposits of up to $2400 but cannot lend to its customers and there at the central bank has cited persistent noncompliance and supervisory concerns. paytm has beenin supervisory concerns. paytm has been in regulatory cross hairs. there have been multiple warnings sent by the regulator to look into the dealings between the banking division as well as the popular payments app well as the popular payments app paytm. latest reports say theissues app paytm. latest reports say the issues include multiple transaction beyond regulatory limits, improper customer verification and even raising money laundering consent and violation of forex reels. experts say the harsh action could in
the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real gdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the australian economy s holding out well because consumers are still doing quite well, and with the r
toyota. it is sounding bullish and has raised its annual net profit forecast reporting strong sales in all regions. the global shortage of semiconductors has eased and the car giant says it s on course for a record net profit this financial year of $30 billion. many car makers struggled because of a global chip shortage caused by increased demand and disrupted supply chains during the covid pandemic. toyota has also faced a safety test certification scandal at one of its major subsidiaries, daihatsu, which has led to production shutdowns at several factories. joining me now is anna marie baisden head of autos & infrastructure at fitch solutions. good to see you. when you look at the facts, the numbers and projections, it is looking very strong, but you read between the lines. tell us what we need to know. i the lines. tell us what we need to know. ~ ., , , ., the lines. tell us what we need to know. ~ . , , ., to know. i think, as you said, it is very to know. i think, a
From the peak in may. Taking the human out of Human Resources. We meet the woman whos software aims to automate the Personnel Process in the vibrant nigerian economy. Today a survey reveals that four in ten millennials have no Pensions Savings so let us know. Who or what will look after you in your old age . Just use the hashtag bbcbizlive. Sally, ill look after you in your old age. It will probably be a robot, he will do a betterjob of starting the programme than i did. We start in brussels where as youve been hearing European Union leaders begin a two day summit. Top of the agenda of Course Brexit after formal talks on the uks departure from the eu began this week. But there are different views around europe on what brexit should look like lets take a look. The new french president Emmanuel Macron wants to keep britain a close partner saying the Door Remains Open to the uk changing its mind about leaving. For germanys chancellor Angela Merkel its about maintaining the Core Principles