election has seen narendra modi securing a rare third consecutive term in office. but his ruling bharatiya janata party fell short of an absolute majority which means the party will have to rely on a coalition — where consensus will be key for pushing through any economic policy. arunoday mukharji reports. i'm outside the indian parliament, where the government in power and lawmakers will be deliberating on economic policy for the next five years. now, while india remains a bright spark in the world and remains one of the fastest growing economies in the world, there are also several challenges, especially unemployment, which remains high. according to the international labour organization, 83% of the unemployed were educated youth in the country. manufacturing as a share of the gdp has been stagnant for the last decade. private consumption has been at 3%, which has been at its slowest in the last two decades. now, according to the world inequality index, inequality in the country is at a ioo—year high.

so clearly, the rich may have gotten richer, but have the poor also benefited from a lot of the policies? so there are several economic aspects that need to be deliberated as the government in power looks at the next five years to consolidate the fiscal policies that we've seen over the last ten years. so, yes, while there are bright sparks, there are also several challenges which were brought forth during the campaigning in the indian elections of 2024, but it is for the government in power to solve a lot of these issues if india wants to become the third—largest economy in the world, up from being the fifth—largest. india's financial markets fell sharply on tuesday as narendra modi appeared to fall short of the landslide victory that many investors had expected. the world's most populous country is one of the fastest growing economies. however, unemployment, especially among young people, remains a major challenge for modi's government. economist madhavi arora explains the impact on his economic policies. once again it showed it to keep pace, not the right predictor

of actual outcome and what we see at this point in time is that it will come back in the equation. but the power equation also varies in what it was in the last of modi and also and the fact that market reforms with the government want to predict power with land, agriculture and capital. and polotical reform of elections won't take a back—seat. from the macro back point of view doesn't change but the impact would be felt more than the fiscal policy of the government. also with the market refund. tiktok has confirmed there's

been a cyber attack targeting celebrity accounts and including news work cnn. a spokesperson told the bbc the number of accounts is limited and they have taken measures to stop the attack and prevented from happening in the future. the account of reality tv star paris hilton was targeted but had not been compromised. now to the us where elon musk diverted a sizable shipment of ai chips that had been reserved for tesla to his social media company x, formerly known as twitter according to correspondence from nvidia staffers obtained by cnbc. from nvidia staffers shares in the electric carmaker slipped nearly 1% on the news. michelle fleury has the latest from new york. yes, this move to divert ai chips from tesla could wrangle tesla investors. will it lead to delays in setting up supercomputers to develop fully autonomous vehicles for them instead prioritising ai startup ex

ai which is competing against open ai. in response elon musk tweeted that tesla had no place to send the nvidia chips to turn them on so they would've sat in a warehouse for them adding the giga tech expansion will house 50,000 chips or self driving training for the it has become the third most valuable country in the world for its demand for chips as companies race to build ai the timing two timing comes as mr musk are asking shareholders to approve a record compensation package for sterling work writing the electric car maker. it's world environment day — an annual event to raise awareness and encourage action to protect the environment. this year it comes as many countries in asia are facing intense heatwaves. we caught up with two young activists who use visuals to highlight issues in the region.

climate change is so complex that you need people to be able to tell you why exactly it's complex with what needs to happen in order to change and i feel like whenever you tell people, do this and you will save the world there is a huge disconnect. i don't think most marketers are pretty in and i started to draw in doodle. like why not and try to find other ways to talk about the same issues. i've been typecast as being too confrontational or i'm being too aggressive in those words. but in actual fact, that it's really a perception that people people have, which i think if there are other ways if i want to talk to fellow southeast asia, if i work at going down the route of traditional activist people might not listen or might not even want to listen.

i've grown up on these wetlands. so when the last remaining wetland was also sanctioned for development that left me quite a shock. i got this bright idea of putting together a documentary, a short film using all the archival footage i had of birds. when the agencies involved got a whiff of it they actually deployed gates and shut down the entry of the tidal waters into the wetland. then i went on the ground and took photographs with gps settings enabled. and submitted that as proof to the environmental organisations when actually launched a public investigation to save the wetland. within 11 days the court ruled in our favour and the gates were opened and the wetland was restored. so as a child i used to watch david attenborough on tv and i was left wondering, if i could sit in the living room

in india and fall in love with the komono dragon byjust watching it on television maybe i could photograph species around me, photograph indian wildlife and presented to the globe and people across the world can fall in love with the indian wildlife for want to protect it too. in the uk, notes featuring the portrait of king charles enter circulation oday. he's only the second monarch to appear on notes from the bank of england. banknotes issued in scotland and northern ireland don't include the monarch. but those already in circulation featuring queen elizabeth — whose portrait first appeared on banknotes in 1960 — will still be accepted in the shops. and yet, do we still want to use cash? here's our cost of living correspondent, kevin peachey. cash may no longer be king, but finally, the king is on our cash. printed months ago, preparations are complete for these banknotes to enter circulation from today. and if it's your portrait on them... i wondered how it'd come out. ..you'll be curious about how they look. these are the first issues.

the rest will be introduced steadily, when demand rises or when damaged banknotes need replacing. but while the king's now appearing on notes and coins, is cash disappearing from our lives? here in the harbour town of looe in cornwall, a county with rich links to the monarch and where the ferry only takes cash, they've witnessed a sea change. well, i can tell you that because i'm a local window cleaner. so most people pay straight into the bank account, the company bank account. you see people pay with their phones these days. i don't do that. usually card or my phone, to be honest. i've just got so used to it. everywhere you go, l it's got card readers. even the toilet down there, they're preparing to put - a little card reader for 20p. surveys suggest most people still rely to some extent on cash, but with fewer banks around, it's getting harder to find. with more than 6,000 branches across the uk having closed in the last nine years, hundreds of places like this have been left with none at all. and for those who want or need

banking services and cash, one possible alternative stands right here. behind a cafe and heritage centre, underneath an award—winning restaurant and next to a disused climbing wall, there's a new hub — premises shared by the major banks and run by the post office. so they can come and take money out, they can come and put money in. they can deposit cheques. they can... we do change giving for businesses. people come and pay their bills. you can top up your gas. we're friendly service — and a smile! the cafe manager says the hub, one of 50 around the country, is a lifeline. obviously, for all the businesses in the town, they need to use it, you know? because if they don't, you know that old saying — if you don't use it, you're going to lose it. so whether or not you think cash still counts,

it will be with us — with a new look — for a while yet. kevin peachey, bbc news. in other news — insagram is testing adverts that users cannot skip past. the social media platform currently allows people to swipe or scroll past adverts that appear in its main feed of images and videos, as well as in its stories and reels feeds. but it is now trialling a feature called "ad break", which users say they can not flick past as usual. images shared online show a timer, which counts down to zero before normal functionality can resume. we're counting down to zero as well. bye for now.

hello and welcome to sportsday. i'm jane dougall. scheduling problems, slippery courts, now the french open has lost its defending champion — novak djokovic withdraws through injury. the lionesses get their revenge on france — after losing last week, england win in saint etienne. and we take a look at how climate change might impact rugby union in the future around the world. well, there is a list of problems facing this year's french open — and it has just got longer. novak djokovic has withdrawn from the touranment with a knee

injury, ending his own defence of the title at roland garros.