India continues to be the fastest growing large economy in the world. But the latest government data on household savings signals possible trouble at the micro level. Net household savings have declined sharply by nearly 109 billion dollars between 2020 and 2023. That's a five-year-low.

Household savings decline by $109 billion between 2020 & 2023

India is the fastest growing major economy in the world. But the contribution from India's rural economy has been disappointing since the pandemic. Now, experts suggest the country's general elections may finally drive rural demand and accelerate national growth.

India General Elections 2024: Can polls spur India's rural economy?

The Philippines' recent induction of BrahMos missiles has been hailed as a significant development by Ambassador Josel Francisco Ignacio. In an exclusive interview with diplomatic correspondent Sidhant Sibal, Philippines Ambassador Ignacio described the acquisition as a "milestone" for the country's defense modernization, providing "credible deterrence". The BrahMos missile, renowned for its speed and precision, was jointly developed by India's Defence Research and Development Organisation (DRDO) and Russia's NPO Mashinostroyenia. The $375 million deal, signed in 2022, marked a crucial step forward for the Philippines undertaking its defense modernization. The ambassador further acknowledged the deepening ties between India and the Philippines, noting an "intensification that they have not seen before and that is very welcome." He expressed hope for increased Indian tourist arrivals in his country and advocated for establishing a direct flight connection. Regarding the ongoing tensions in the West Philippine Sea/South China sea, Ambassador Ignacio reaffirmed the Philippines' commitment to its legal rights and entitlements in the region, stating, "Philippines stands on firm legal ground as to what its entitlements are as to what its rights within the West Philippine Sea." China has used water cannons against Philippine vessel in the region, raising tensions. Watch this full interview.

BrahMos provides credible deterrence, recognition of India's Defense Industry: Philippine Ambassador

Ukraine poses a great risk of its front lines collapsing on the battleground. Ukrainian troops are trying to buy time, they are hunkering down in the trenches and trying to dodge Russia's high value artillery weapons. Watch in for more details!

Ukraine at risk of its frontline collapsing, setback for Ukraine in Donetsk region

A propaganda song of North Korean leader Kim Jong Un is a raging hit on TikTok. Titled Friendly Father, the song which was released in mid-April, has now become a hit with TikTok users worldwide. Watch in for more details!

Kim Jong Un’s propaganda song ‘Friendly Father’ goes viral on TikTok

Russia has been flaunting tanks and armoured vehicles seized from Ukraine. These are American and German advanced weaponry. Among them are US Abrams tanks & German leopard tanks. These are among the latest weaponry from West's arsenal. But now US is worried that Russia could use these military hardware to learn about them and can also reverse engineer them.

Russia showcases captured western weapons in Moscow, captured trophies spooks US

BrahMos missile crucial for Philippines says Philippine Ambassador Ignacio

AMG has launched a new entry-level convertible - the CLE 53 Cabriolet. It shares its design and performance upgrades with the CLE 53 Coupe, and then features an electronically-foldable canvas roof. The soft-top can be opened or closed in just 20 seconds, even while driving at speeds up to 60 km/h. And if you are worried about your hairstyle, don't be! This car comes equipped with the Mercedes Aircap wind deflector system to take care of that, and its Airscarf feature blows warm air on the necks of the driver and front-seat passenger for added comfort. Let's take a closer look at what else this car has to offer.

2025 Mercedes CLE 53 Cabriolet unveiled: entry point to a windy AMG performance

Watch the top headlines of the hour: - Xi in Belgrade on a state visit to Serbia - AstraZeneca withdraws Covid-19 vaccines - Brazil floods leave 150,000 homeless - Students protests spread to Europe

Xi in Belgrade on a state visit to Serbia | AstraZeneca withdraws Covid-19 vaccines

Cambodia is building a massive new canal with China’s financial backing. The project promises to cut shipping costs and boost the Cambodian economy, but it's stirring up controversy. Watch in for more details!

Cambodia announces $1.7 billion canal project funded by China

Pope Francis greeted the Vatican's Swiss Guard Corps on May 6, at the new guards' swearing-in ceremony. Watch to know more.

New members of Swiss Guard sworn in to protect the Pope Francis

The Kashmir Valley is witnessing a change, for the first time in the last three decades, as election campaign rallies are being held in areas which were once considered volatile and no-go zones. A regional political party held an election campaign at Srinagar's Jamia Masjid in the Nowhatta area of Downtown. The same area was once famous for stone pelting and election boycotts. Watch in for more details!

India General Elections 2024: Election campaign rallies sweep Kashmir`s former no-go zones

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