There is a heavy cloud hanging over Labour’s Christmas celebrations. The most recent figures show the economy is going backwards and worse, the slide is prompting recession talk in the corridors of City banks. If there is a recession, it will only be slight, but with unemployment rising and businesses reluctant to invest, the economy…
CARACAS: Venezuela’s oil exports have plummeted since the US seized an oil tanker off the country’s coast this week and imposed new sanctions on shipping companies doing business with the embattled Latin American country, Al Jazeera reported.Oil tanker movements into and out of Venezuelan waters have almost come to a standstill, Al Jazeera’s sources stated,…
Maharashtra minister Ashish Shelar on Saturday told the legislative council that the state government was “not happy” with Union minister Jitendra Singh’s remark made last month on not changing IIT Bombay’s name to IIT Mumbai. The state government is not just unhappy, but it has written a letter to the Centre expressing its…
The global carbon market is at an inflection point as discussions during the recent COP meeting in Brazil demonstrated. After years of negotiations over carbon market rules under Article 6 of the Paris Agreement, countries are finally moving on to the implementation phase, with more than 30 countries already developing Article 6 strategies. At the same…
GST reforms could lower retail inflation by up to 35 basis points in 2025-26, with the impact already visible in recent months, according to a report by SBI Research.The report, cited by news agency ANI, estimated that Consumer Price Index (CPI) or retail inflation declined by around 25 basis points during the September–November 2025 period…
The raccoon that barged into a Virginia liquor store, smashed bottles of booze and passed out drunk in a bathroom this past Black Friday has at least two other break-ins under his belt, a local government official has revealed. Before burgling the Ashland ABC store on 29 November, the raccoon had separately broken into a…
Downing Street has insisted the government backs pubs, as a growing number sign up to a campaign to bar Labour MPs from their premises in protest at tax rates. The Labour MP ban was kicked off a week ago and more than 250 pubs, restaurants and hotels have signed up all over the country, including…
The Argentina and Barcelona legend and 2022 FIFA World Cup winner Lionel Messi is set to script a historic chapter in Indian football as he begins his much-anticipated India Tour 2025, a four-day visit spanning Kolkata, Hyderabad, Mumbai and New Delhi. The tour, designed as a blend of celebration and outreach, will…
After the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points last week, several major banks have moved to pass on the benefit to borrowers. Latest addition to the wave is the State Bank of India (SBI), which announced cuts across its lending rate benchmarks, in a move aimed at easing…
Matt Gravellingin Barking and Dagenham BBC Volunteers gathered in Barking to spread some Christmas cheer More than 100 volunteers have gathered in an east London community hall to wrap thousands of Christmas presents for children across the capital, with organisers saying for some, it would be the only gift they would get this year. The…