Country Financial News

By Gloria Dickie

NICOSIA (Reuters) — Euro zone inflation will carry on declining in the months ahead but at a slower pace, Bundesbank President Joachim Nagel was quoted as telling Cypriot newspaper Kathimerini on Sunday.

assembly polls indicate that BJP with Prime Minister Narendra Modi as its face continues to hold its sway in Hindi heartland, but when it comes to the South, Congress is favored by electors as an alternative to the regional players. Another trend which becomes visible from these assembly results is that BJP has a better strike rate in retaining the government as compared to Congress. BJP appeared to have succeeded in retaining its government in Madhya Pradesh, while Congress failed in Rajasthan and Chhattisgarh. Though BJP recently failed to retain government in Himachal Pradesh and Karnataka, if one looks at macro picture across the country, the saffron party has a better record in tackling anti-incumbency than the grand old party.

By Simon Jessop

By Karen Lema and Neil Jerome Morales

Delhi airport operator DIAL plans to levy higher charges from airlines for grounded aircraft as they occupy available parking space and impact overall operational efficiency, amid rising instances of grounding of planes due to technical and other issues. «We are planning that in the next traffic calculation, we are going to request that for people who are grounding (aircraft) here for more than a certain period, there should be some sort of higher charges because otherwise it disturbs the operations of other airlines,» Delhi International Airport Ltd (DIAL) CEO Videh Kumar Jaipuriar told PTI in an interview. Jaipuriar, who is in charge of the country's largest airport, was responding to a query on whether the operator will look at levying higher charges from airlines for aircraft that are grounded at the airport.

Vinod Khosla weighed into the debate kicked off by Infosys founder NR Narayana Murthy’s comments that young people should work 70-hour weeks, saying that people need not be so sensitive to the remark. ‘Toughen up’

FDI) proposals worth about Rs one lakh crore since April 2020 from countries sharing land border with India and half of those applications have been cleared so far, a top official said. The remaining are either pending or withdrawn or rejected by the government. In April 2020, the government came out with a press note under which the Centre made its prior approval mandatory for foreign investments from countries that share land border with India to curb opportunistic takeovers of domestic firms following the Covid-19 pandemic.

Pakistan surged 34 per cent in November, with 63 militant attacks recorded in the country during the month, a think-tank report said on Sunday. The 63 militant attacks in November resulted in 83 deaths, including that of 37 security forces personnel and 33 civilians, the Dawn newspaper reported, citing data by the Pakistan Institute for Conflict and Security Studies (PICSS) think tank. Additionally, 89 individuals, including 53 civilians and 36 security forces personnel, sustained injuries, according to the Islamabad-based think tank.

Deadly Quiet City. By Murong Xuecun. New Press; 336 pages; $27.99.

Morag, an imposing Highland cow with a caramel coat, ambles out of the main shed at Dumble Farm in northern England and stands ready to meet her guests. Visitors have travelled from far and wide to the farm near Beverley in east Yorkshire, not to buy milk, yoghurt or cheese, but to enjoy a cuddle with Morag and her companions. Fiona Wilson and her co-farmers at Dumble Farm started offering the cuddling sessions in February when it became obvious that economic difficulties of modern dairy farming had become untenable. «Some people like to engage with dogs or cats or horses and other people find that cows are the animals they want to be with,» Wilson told AFP. «People are coming for a wellbeing point of view.

North Korea has begun reconnaissance satellite operations, state news agency KCNA said on Sunday, after the country launched its first military spy satellite last month in a move that drew new sanctions from the U.S. and its allies. The new satellite operations office at the Pyongyang General Control Centre of the National Aerospace Technology Administration (NATA), started to discharge its mission on Saturday and will report acquired information to the reconnaissance bureau at the army and other major units, KCNA said. North Korea says it successfully launched its first military spy satellite on Nov.

TLDR 

Telangana Assembly, party leader Renuka Chowdhury said that Bharat Rashtra Samiti (BRS) leaders are in touch with the grand old party. On being asked if BRS leaders are in touch with the Congress party, Renuka Chowdhury told «Of course! Today's politics is like that. They are in touch with us. Sometimes they take away ours (MLAs), and sometimes theirs come here.» Latest trends show Congress inching closer to the halfway mark in Telangana, leading on 58 seats while BRS is leading on 33, BJP on 7 and CPI on 1. «I had been saying for more than a year because we tapped into the pulse of the public.

LNG imports worth USD 1.17 billion annually, says a study by the Indian Biogas Association (IBA). The study comes against the backdrop of the government's recent mandate to blend one per cent biogas with piped natural gas (PNG) supplies in the country from April 1, 2025 under the compressed biogas blending obligation (CBO) scheme. The biogas blending is proposed to be further increased to 5 per cent by fiscal year 2028-29.

Hong Kong court will convene a hearing on Monday on troubled Chinese property developer Evergrande's plans for restructuring its more than USD 300 billion in debts and staving off liquidation. The company, the world's most indebted property developer, ran into trouble when Chinese regulators cracked down on excessive borrowing in the real estate sector. Last month, the company said Chinese police were investigating Evergrande's chairman, Hui Ka Yan, for unspecified suspected crimes in the latest obstacle to the company's efforts to resolve its financial woes.

Murmu also said that investing in girls' education is the most valuable investment in the progress of the country. The president was speaking at the 111th convocation of Rashtrasant Tukadoji Maharaj Nagpur University (RTMNU) as the chief guest.

Sanjeev Kapoor, Chef & Entrepreneur, in conversation with Nikunj Dalmia of ET Now. Kapoor says: “II am a curious person. I love to learn. So, if you love to learn, it becomes fairly easy. You yourself are also a consumer. If you are honest with yourself, it is not a problem. I have actually not over intellectualized this, I just keep on doing, few things work, few things do not work, which is okay.” When I was preparing for the show I got three instructions — first from my mother Kapoor sahab ki secret recipe lana (get the secret recipe from Mr Kapoor); second from my team that he has done more shows than you so please get some tips on anchoring from him and the third from my wife with request to get a selfie. Now what do we start with? First get the selfie for your wife. But the selfie has to be with her and not with you. I think the world has been kind to me. God has been kind to me and with such love and affection, I think what else can you ask for?Nahi toh khana banana wale ko kon puchta tha (Otherwise, who bothered for a mere cook?)

OECD warned. Growth is losing momentum in many countries and won’t edge up until 2025, when real incomes recover from the inflation shock and central banks will have begun cutting borrowing costs, according to the organization. Inflation eased in Europe, Brazil and Australia in recent readings but remains too high for central bankers’ comfort. Meantime, price pressures accelerated in Japan’s service sector, as well as in Zimbabwe, where officials recently adopted a new inflation metric. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: World The Organization for Economic Cooperation and Development forecasts global gross domestic product to expand only 2.7% next year after an already weak 2.9% in 2023.

Michaung. The cyclone is expected to make landfall in Andhra Pradesh on December 5 while prompting rainfall in various parts of the country.

Google Doodle celebrates Great Union Day in Romania with a doodle dedicated to the country's flag Variações was born on December 3, 1944 in the village of Fiscal and spent his early years with several siblings on his parents' farm where he developed his love for music after hearing his father play the accordion and cavaquinho. While Variações did not witness many diverse styles during his growing up years owing to heavily censored media in Portugal that did not show people wearing clothes outside the traditional norms, the legendary singer developed his unique fashion sense when he travelled to London and learned in hairdressing in Amsterdam where he experimented with different styles.