WION Business Wrap | India’s 16pc contribution to global growth, EU’s probe on X, Red sea attacks & more
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia
WION's Business Desk brings you this daily round-up of global stories from the world of business and economy.
India contributes over 16pc to global growth, IMF report reveals strong economic performance
India's strong economic performance has been lauded by the International Monetary Fund (IMF), which has projected that the country will contribute more than 16 per cent to global growth as a result of significant infrastructure and digitalisation reforms.
EU launches first probe under Digital Services Act, targets X over suspected violations
Under the Digital Services Act (DSA), the European Union (EU) has launched its first inquiry, targeting social media behemoth X for alleged breaches, mostly pertaining to posts made in the wake of Hamas's attacks on Israel.
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National Handloom Day 2026: From Alia Bhatt to Samantha Ruth Prabhu; Actresses who celebrated India's textile heritage as brides
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The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
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Unitree Robotics targets $9 billion valuation in landmark IPO backed by DeepSeek and Tencent
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India names 27 sites in Arunachal Pradesh
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Bharat Bhhagya Viddhaata OTT: When will Kangana Ranaut's film stream online?
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How many soldiers operate one S-400 battery?
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Shakib Al Hasan ready to return to Bangladesh—under one condition
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‘Fake news’: MEA rejects report claiming India sought defence pact with Israel after Pakistan, Saudi Arabia, Turkey deal
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Rockstar to unveil GTA 6 extended look ahead of November launch
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Russia forms Ukrainian Volunteer Spetsnaz Brigade to fight Ukraine
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Drug-resistant fungus that hides in hair and enters bloodstream reported in 23 US states
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Technology transfer deal boosts India's defence manufacturing ambitions
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Border row erupts in Europe after Ceuta crossings, Spain imposes border controls on Italy
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Morale plummets on USS Abraham Lincoln: Are US sailors reaching a breaking point? | GRAVITAS
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'Security can't be bought with Pakistan, Turkey deal': Iran tells Saudi Arabia
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Baba Vanga's 2026 prophecy: 2 predictions 'already came true', 3 terrifying ones remain. Details inside
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Colombia’s new president Abelardo de la Espriella vows to ‘defeat narco-terrorists’, signals hardline shift
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New Friday OTT releases (August 7, 2026): Operation Safed Sagar, Vadhandhi, Main Vaapis Aaunga- 6 movies and TV shows on Netflix, Prime Video and more
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Squadron Leader Bhawana Kanth scripts history as Indian Air Force gets its first woman ‘Top Gun’ pilot
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RSS says Gen Z protests reflect genuine distress
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Trump says Iranian school bombing photos could be AI-generated - 'I don’t think...'
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IAF officer held for sharing sensitive information in 'honey trap' case, booked under Official Secrets Act
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Stray Kids under scrutiny? Fans react to Grammy submission silence after BTS boycott
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Why the Su-30MKI doesn't need external fuel tanks to fly vast distances
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Jugal Hansraj reunites with Shekhar Kapur after 40 years for Masoom: The Next Generation
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New speed limits, automatic challans: Big traffic change coming to Delhi-Meerut Expressway. All you need to know
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India officially names 27 places in Arunachal to counter China's renaming claims
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Trump calls White House ballroom ruling a 'national disgrace' as court says Congress approval needed
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US sanctions Iran’s crypto network after Strait of Hormuz attacks, offers $15m bounty for intel on IRGC finance
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Why the Su-30MKI is one of the heaviest fighters ever built
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Uttarakhand young innovator builds India's own flying vehicle, conducts first test flight: WATCH
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Chilling video shows students take cover as teen opens fire at Thai school
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Reese Witherspoon's father hospitalised after poolside incident in Nashville: Report
Red Sea attacks disrupt global shipping: Coalition forming to tackle threat
The United States is working quickly to form a coalition to counter the growing threat posed by recent attacks on ships in the Red Sea by Houthi insurgents from Yemen affiliated with Iran.
Rupiah faces testing times as Indonesia gears up for elections
The strength of the rupiah is being closely watched as Indonesia gets ready for its national elections in February 2024; experts see a possible downward trend in the value of the currency.
India leads global remittance surge with projected 23pc increase to $125 bn in 2023
As per the World Bank's latest Migration and Development Brief, India is expected to become the world's largest recipient of remittances in 2023, with an expected increase of more than 11 per cent, culminating in $125 billion.
Turkey saves billions on Russian oil amid sanctions, boosting imports
Turkey and Turkish businesses were able to dramatically increase imports of Russian oil and refined goods in 2023, saving them almost $2 billion in energy costs.
UPI transactions skyrocket, marking a 147pc surge in five years: Government Reports
The Unified Payments Interface (UPI) has become the driving force behind an increase in digital payments, resulting in a 7.8 per cent growth in banknotes in circulation during the most recent fiscal year.
Apple halts US sales of Series 9 and Ultra 2 smartwatches amid patent dispute
Apple has announced the temporary suspension of sales for its Series 9 and Ultra 2 smartwatches in the United States due to a legal issue that affects the blood oxygen feature.
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