The Emissary @_The_Emissary

I had the pleasure to address the closing ceremony of ‘Visualising #India@100: Economics Council’, a landmark virtual event by The Emissary. @_The_Emissary

In another win for #NewDelhi in its push for local #manafacturing, #Apple Inc has asked its suppliers to move some #Airpods and Beats headphone production to #India for the first time.

#Global foreign-currency reserves are falling at the fastest pace in record as central banks intervene to support their #currencies #Reserves have declined by about $1 trillion, or 7.8%, this year to $12 trillion. #CurrencyWatchlist #currencycrash

The @RBI is planning to extensively use advanced analytics, #AI and machine learning to analyse its huge #database which would improve regulatory supervision on banks and NBFCs. #rbipolicy #finance

Gautam #Adani announced a ₹65,000 crore investment in #Rajasthan over the next 5-7 years in setting up a mega 10,000 MW #solar power capacity, expanding cement plant. This #investment will also create over 40,000 direct and indirect jobs. @AdaniOnline

The #government on Monday will kick off its annual Budget making exercise for #Financial year 2023-24, that is expected to look at measures to revive growth amid a gloomy #global outlook. #budget #GOI #Financial

The International Monetary Fund has cut India’s FY23 #GDP forecast to 6.8% from its earlier projection of 7.4%. This reflects a weaker than expected outturn in the second quarter and more subdued external demand. #IMF #IndianEconomy #inflation

Last weeks near 6% slump in the shares of Adani Enterprises Ltd may extend. with the stock continuing to pare its more than 100% gains for the year. It also hints at losses in the offing for the shares of Adani total gas Ltd and Adani ports. #AdaniGroup #StockMarket @AdaniOnline

The BRICS countries are exploring, establishing a new reserve currency to better serve their economic interests, It will be based on a basket of the currencies of the five nation bloc. #BRIC #currentaffairs #currency #reserves

This year $2.2 billion in cryptocurrency has been stolen from DeFi projects putting the overall industry on a pace for its worst year of hacking losses. #cryptocurrencies #Hacking #DeFi

The UPI platform recorded 6.8bn transactions in September, amounting to ₹11.7 trillion. On a year on year basis, volume of transactions was up 85.5 per cent. This indicates the extent of digitisation of payments across the country #UPIpayments #finance #RBI @RBI @FinMinIndia

Due to Xi Jinping’s zero - Covid policy and the crisis in the property sector. China will lag behind the rest of Asia in economic growth, for the first time since 1990. #China #XiJinping #COVID19

As india seeks to step up trade with the sanctioned nation. UCO and Yes Bank have put place arrangements with two Russian counterparts. #Russians #banking #finanstwitter

Under a $1.2 trillion mega project called PM Gati Shakti , Modis administration is creating a digital platform that combines 16 ministries The portal will offer investors and companies a one step solution for approvals and estimation of costs #Modi_Development_Model @PMOIndia

Forty four Indian #startups have achieved #unicorn status in 2021. Most of which are in the service sector. Under the leadership of the Youth the Indian startup ecosystem has generated more than 6 lakh jobs to date. #IndianEconomy #Empowerment #Youth @ianuragthakur @CimGOI

The Reserve Bank of India intervened in the currency market to prevent the Rupee from depreciating further against the dollar. This led to fall of foreign reserve by $5.22bn in the past week. #IndianEconomy #RBI #DollarIndex @RBI

Designing a competitive government is essential for the India@100 goals Change in public-private dialogue is the first step to do so. We need to use sectoral growth initiatives to establish new public private model of collaboration #India100 #India #development

@tarunb @AvishkaarEdu

#Avishkaar an ed-tech #startup by Tarun Bhalla is providing the #youth with next gen skills including AI & coding The Emissary’s #mission is also to strive for providing opportunities to the youth. And we are open #collaboration with like-minded firms. #empowerment

The US federal reserve hiked interest rates and projected a more aggressive policy path in the current cycle It was the third consecutive increase of 0.75% point by the FOMC This led to the record low opening of the Indian rupee at ₹80.28/$ #FederalBank #policy #Currencies