The entire world got a jolt with the collapse of one bank in the US which then spread to a few other banks. Now some of the European banks have also joined and as they say, there is never one cockroach in the kitchen so we do not know yet. Post this issue the regulators have come out very strongly saying that things are under control. But I would not like to believe so till we tied over the entire crisis.


There is looming crisis with India's forex reserve falling to a three-month low. Experts predict that the country to face economic crisis is inevitable. With some sectors such as agriculture, manufacturing, and services showing growth. At the sametime, the pace of recovery has been slower than expected, and some sectors such as hospitality, tourism, and aviation continue to face challenges due to ongoing restrictions and reduced demand.


At the same time, #Indianeconomy will grow in the range of 6.8% - 7% in the coming year while world GDP growth estimates are pegged at a tepid range of 2.5% - 3%. According to CEBR, a global recession has already started in 2023.

Today's Headline in NewsHours
0:00 Intro
3:05 #PMModi launches 6G test bed. Roll out in next few years
3:45 Govt proposes to sell up to 3.5% stake in HAL
4:30 #CCI to set up in-house digital market data unit
5:06 UK considering probe into Broadcom-VMware merger
5:40 Government plans to make ecommerce platforms liable for sellers’ fraud


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Will Indian Economy face a jolt??.