WION Business Wrap | Top stories from the world of economy and business
Jerome Powell
WION's Business Desk brings you this daily round-up of global stories from the world of business and economy.
Moody's Bullish on India: GDP growth forecast skyrockets to 8 pc for FY24
Leading global rating agency, Moody's, has raised the bar for India's economic prowess, revising its GDP growth forecast for the fiscal year 2023-24 to an impressive 8 per cent.
Fed Chair Jerome Powell signals potential interest rate cuts. Here are the details
Federal Reserve Chair Jerome Powell hinted at the central bank's growing confidence in considering interest rate cuts, stating they are "not far" from the needed assurance that inflation is sustainably moving towards the 2 per cent target, Bloomberg reported on Thursday.
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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
Strikes paralyse Germany's transport sector: Railways and airports in chaos
Millions of German commuters and travellers face severe disruptions as strikes escalate in the transportation sector.
Saudi Arabia boosts sovereign wealth fund, transfers 8 pc stake in Aramco worth $163.6 bn
Intending to advance its ambitious economic reform agenda, Saudi Arabia has doubled down on its sovereign wealth fund, the Public Investment Fund (PIF).
LinkedIn's premium subscriptions soar to $1.7 billion in 2023. Here are the details
LinkedIn, the professional social network owned by Microsoft has reported thatits premium subscription business has reached $1.7 billion in revenue for the year 2023.
RBI and Bank Indonesia ink pact to boost bilateral trade using local currencies
In a move towards strengthening economic integration, the Reserve Bank of India (RBI) and Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) on Thursday, to establish a framework promoting the use of local currencies for cross-border transactions.
Flipkart to introduce quick commerce service: Targets 10-15 minute deliveries, says report
India's e-commerce giant, Flipkart, is gearing up to join the quick commerce race, aiming to roll out 10-15 minute deliveries in a dozen cities within the next six to eight weeks, as reported by Entracker.
Broadcom eyes $10 billion in AI chip sales for 2024: Report
Broadcom on Thursday projected $10 billion in revenue from artificial intelligence (AI) chips in 2024.
UK Budget tax cuts won't offset rising prices, warns think tank
A leading think tank, the Institute for Fiscal Studies (IFS), has cautioned that tax cuts announced in Wednesday's Budget won't fully offset the impact of tax increases and rising prices, as per a BBC report.
Dutch government in talks with ASML amid concerns over anti-immigration policies
The Dutch government has initiated discussions with semiconductor equipment manufacturer ASML, in a bid to prevent the company from relocating its operations abroad or expanding its footprint outside the Netherlands, amidconcerns surrounding anti-immigration policies.
Apple faces 24 pc dip in China iPhone sales amid Huawei's 64 pc surge
Apple encountered a significant setback in China as its iPhone sales plummeted by 24 per cent in the initial six weeks of 2024, as revealed by a report by research firm Counterpoint.
China aims for 5pc GDP growth amid scepticism - promises vigorous effort to achieve target
China is standing firm on its ambitious plan to achieve a 5 per cent GDP growth this year, with officials expressing confidence in attaining the target through determined efforts.
India's Economic Ascent: Projected to grow 6.8 pc in FY25, country eyes upper-middle-income status by 2031
India's economic trajectory is on an upward swing, with a forecasted 6.8 per cent growth in the next fiscal year, according to ratings agency Crisil.