India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to $118.7 billion in 2023-24, according to data from the country’s central bank. The bank projects that figure will reach $160 billion in 2029.
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Aug 22
FieldAI raises $405M to build universal robot brains, plus Garage raises $13.5M to help firefighters buy equipment
FieldAI builds foundational AI models that help all kinds of robots learn and adapt to new environments using physics. Also, YC backed Garage is a marketplace that sells specialized equipment commonly used in local governments and public safety. Learn more about your ad choices. ... Show More
7m 19s
Nov 2024
Gautam Adani is promise and peril of Indian growth
With $31 bln of debt, deep links to the banking system and a star role in India’s energy transition, the tycoon’s empire is a crucial part of the fifth-largest economy. In this week’s Viewsroom, Breakingviews columnists discuss how US bribery charges will test those dependencies. ... Show More
20m 52s
Jan 2025
BRICS expands to 54.6% of world population by adding Nigeria, Africa's most populous country
BRICS added as a new partner Nigeria, Africa's most populous country, with the 6th-biggest population on Earth. BRICS+ now has 10 members and 9 partners, which make up 54.6% of the world population and 42.2% of global GDP (PPP). Ben Norton explains the importance of this expansio ... Show More
14m 44s