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The Reserve Bank of India (RBI) has actually improved its growth forecast for the financial year 2023-24. It prepares for a 7% boost, marking an upgrade from its 6.5% projection.This adjustment shows India's impressive July-September quarter financial efficiency, where 7.6% GDP development went beyond the central bank's preliminary estimate.RBI Governor
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Read more: India's Rising GDP Defies Expectations
Write comment (99 Comments)Russia steps in, urging Venezuela and Guyana to steer clear of actions that might intensify tensions over the Esequibo region.Maria Zakharova, representing Russia's Foreign Ministry, highlights this. She also warns against outdoors interference in this disagreement.Russia is closely keeping an eye on the circumstance, concentrating on the advisory referendum
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Read more: Russia's Role in the Esequibo Dispute
Write comment (100 Comments)As reported by official sources on Thursday, Argentina's industrial activity dropped by 0.3% in October compared to September.This information, launched by the National stats company Indec, showed a 0.8% decline from October 2022, continuing a five-month downward trend.In October, declines were kept in mind in 10 of sixteen industrial sectors. Significant
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Read more: [Brazil] - October Brings Modest Fall in Argentina's Industrial Output
Write comment (93 Comments)Ethiopia, under Prime Minister Abiy Ahmed's economic growth strategy, prepares to release up to five banking licenses to foreign investors within 5 years.Solomon Desta, the central bank's vice governor, announced the plan, emphasizing joint endeavors or regional subsidiaries as entry options.The banking sector, presently with 29 gamers, is controlled by
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Read more: Ethiopia Welcomes Foreign Banks with Caution
Write comment (95 Comments)The Japanese yen surged versus the dollar following Bank of Japan (BOJ) Governor Kazuo Ueda's remarks.His comments meant a possible departure from the bank's negative interest rate policy. The yen reached a four-month high, suggesting market anticipation of policy change.Ueda's discussion about financial problems with Prime Minister Fumio K
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Read more: Yen Soars Amid BOJ Policy Shift Speculation
Write comment (90 Comments)SpaceX, led by Elon Musk, is thinking about an internal sale of shares, a move that might value the company at over $175 billion.The strategy involves a public offering ranging from $500 million to $750 million.These figures originate from sources who wish to remain confidential due to the delicate nature of the information.The business is considering setting
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Read more: SpaceX Eyes $175 Billion Valuation in New Share Sale
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