The government is set to launch a new phase of the Product Linked Incentive (PLI) scheme for the steel sector on January 6. 'PLI Scheme 1.1' will be unveiled by Steel Minister HD Kumaraswamy. According to a Steel Ministry statement,…
The European Central Bank has been too slow to cut interest rates to help the struggling Eurozone economy, most economists polled by the Financial Times have warned. Almost half of the 72 Eurozone economists surveyed – 46 percent – said…
Investing.com — Goldman Sachs has released its top macroeconomic forecasts for 2025, predicting a year characterized by weakening financial conditions, continued deflation, and global uncertainty. The investment bank expects different growth trends between the US, the Euro area, and China,…
The Federal Reserve cut its target rate three times at the end of 2024, which means savings interest rates are falling. So it's important to make sure you get the best possible rate when looking for a savings account. The…
OYO, a leading platform for travel and hotel bookings, has implemented a new check-in policy for its partner hotels, starting in Meerut, Uttar Pradesh. As per the revised guidelines, unmarried couples will no longer be allowed to enter, according to…
Open Editor's Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories for this weekly newsletter. Taiwan has asked South Korea for help in investigating a Chinese vessel suspected of cutting a submarine cable off its north…
ATHENS (Reuters) – Former Greek Prime Minister Costas Simitis, who brought the country into the European Union's single currency in 2001, died on Sunday at the age of 88 at his summer home in the Peloponnese, Greek media reported. “With…
The Federal Reserve cut its target interest rate three times in 2024, As a result, deposit rates — including money market account rates — have begun to fall. It's more important than ever to compare MMA rates and make sure…
In April 2023, Emily Hayes faced a terrible Saturday morning, after leaving her Los Angeles office at 11pm the previous night, working overtime to prepare for an important hearing, months of stress and exhaustion. That morning, as she sat down…
Open Editor's Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories for this weekly newsletter. The UK government faces a “significant risk of bid-rigging” by contractors, the head of the competition regulator has warned. Sarah Cardell,…
