Latest news with #BRICSTV
See - Sada Elbalad
11-03-2025
- Business
- See - Sada Elbalad
India's Digital Economy Nears $1 Tn as IPO Market Booms: BRICS TV
Ahmed Emam India's digital economy is on a rapid growth trajectory, approaching the US$1 trillion milestone, driven by a thriving IPO market that accounted for over 30% of global listings in 2024, according to BRICS TV, the international media partner of Sada El-Balad. The country captured 31% of the world's IPO volume last year, raising US$3 billion in total funding. Projections indicate that India's market capitalisation could reach US$13 trillion by 2030, bolstered by strong investor confidence and the rapid expansion of its startup ecosystem. With over 100 unicorns and an expanding pool of soonicorns, Indian startups are evolving beyond hypergrowth, prioritising profitability, premium offerings, and omnichannel strategies. The IPO market saw more than 330 listings in 2024, underscoring increasing trust from both domestic and global investors. Meanwhile, rural commerce is emerging as a key growth driver, fuelled by improved accessibility and rising consumer aspirations. Moreover, the B2B sector is undergoing a transformation, with technology-driven supply chain innovations unlocking new global opportunities.
See - Sada Elbalad
11-03-2025
- Business
- See - Sada Elbalad
Zimbabwe's FM Visits Moscow for Talks with Lavrov
Zimbabwe's Minister of Foreign Affairs and International Trade, Amon Murwira, has arrived in Moscow for high-level discussions with Russian Foreign Minister Sergey Lavrov. During a joint press conference, Lavrov emphasized the strong diplomatic ties between Russia and Zimbabwe, highlighting their foundation on the principles of equality and mutual respect. "We paid special attention to the need to strengthen trade and economic cooperation," Lavrov stated. "We agreed to take additional steps to identify promising areas of joint interest, particularly in geological exploration, mineral resource development, energy—including nuclear power—agriculture, space, and information and communication technologies." Lavrov also noted Russia's continued investment in Zimbabwe's education sector, announcing that Moscow annually allocates 125 scholarships for Zimbabwean students to study at Russian universities. He added that Russia is prepared to increase this quota. Looking ahead, Lavrov confirmed that the second ministerial conference of the Russia-Africa Partnership Forum will take place in 2025 in an African country, while the third Russia-Africa Summit is scheduled for 2026. Minister Murwira, for his part, reiterated Zimbabwe's strong political ties with Russia and expressed a commitment to expanding economic cooperation. Responding to a question from BRICS TV correspondent Yana Panferova about Zimbabwe's possible participation in BRICS, Murwira acknowledged the significance of the bloc. "BRICS represents one of the most important platforms for economic cooperation," he said. The visit underscores deepening diplomatic and economic engagement between Russia and Zimbabwe, as both nations seek to enhance collaboration across multiple sectors.
