‘Better future’: India’s Ayodhya sees business boom with Ram temple launch | Business and Economy News

‘Better future’: India’s Ayodhya sees business boom with Ram temple launch | Business and Economy News

Ayodhya, India – A 13-kilometre stretch around the controversial Ram temple in the northern Indian city of Ayodhya is lit up with sparkling lights, the walls in the area covered in murals as the city prepares for the January 22 inauguration ceremony by Prime Minister Narendra Modi. But Rajesh Majhi has…

As PM, India’s Modi secretly tried to massively cut state funds | Business and Economy News

As PM, India’s Modi secretly tried to massively cut state funds | Business and Economy News

New Delhi, India – Immediately after becoming the prime minister in 2014, Narendra Modi held backdoor negotiations with the Finance Commission of India to significantly cut funds allocated to the country’s states. However, the head of the commission, an independent constitutional body deciding states’ shares from central taxes, resisted, and…

China posts sluggish GDP growth in 2023, population declines again | Business and Economy News

China posts sluggish GDP growth in 2023, population declines again | Business and Economy News

Official data shows GDP was 5.2 percent in 2023, hitting a government target, but recovery looks uneven. China’s economy grew by 5.2 percent in 2023, hitting the government’s official target, but concerns about growth momentum remain amid a protracted property crisis, sluggish consumer and business confidence, and weak global growth….

Thousands of tractors block Berlin traffic over plans to end diesel subsidy | Agriculture News

Thousands of tractors block Berlin traffic over plans to end diesel subsidy | Agriculture News

Farmers gather in German capital to join a giant rally demanding a rethink of the government’s plans to tax them more. Thousands of German farmers, truck drivers and agricultural workers have gathered with tractors and other heavy equipment in front of Berlin’s iconic Brandenburg Gate for another demonstration by farmers…

Oil prices steady despite Middle East tensions, but risks are rising | Oil and Gas News

Oil prices steady despite Middle East tensions, but risks are rising | Oil and Gas News

In recent weeks, missile and drone attacks on cargo ships crossing the Red Sea have caused the biggest disruption to global trade since the COVID-19 pandemic. Despite delayed supplies, however, oil prices have remained surprisingly stable. In response to Israel’s war on Gaza, Houthi rebels – the Iran-aligned Shia movement…

Some companies want to bet on US elections. Not everyone agrees. | Business and Economy

Some companies want to bet on US elections. Not everyone agrees. | Business and Economy

Tarek Mansour spent several years working in finance at firms like Goldman Sachs and Citadel before launching the groundbreaking fintech startup Kalshi. Using his background in finance, he built the first regulated exchange, running what are called “event contracts” or ways to trade on current affairs like national elections. With…

Tshering Tobgay set to return as Bhutan PM after liberal PDP wins elections | Elections News

Tshering Tobgay set to return as Bhutan PM after liberal PDP wins elections | Elections News

Election commission says People’s Democratic Party, led by Tobgay, won 30 seats in the 47-member parliament. Bhutan’s liberal People’s Democratic Party (PDP) is set to form a new government after winning in parliamentary elections, according to results from the country’s electoral body. PDP leader Tshering Tobgay, 58, who was prime…

How Beijing uses economic coercion to try and sway Taiwan’s elections | Elections News

How Beijing uses economic coercion to try and sway Taiwan’s elections | Elections News

Taipei, Taiwan – In early 2021, Chien and his fellow pineapple farmers in southern Taiwan received bad news: China had added their crop to a list of banned imports, claiming concerns about pests and other safety issues. At the time, Taiwanese pineapple farmers were sending nearly all their fruit to…

Farmers block roads across Germany to protest against subsidy cuts | Business and Economy News

Farmers block roads across Germany to protest against subsidy cuts | Business and Economy News

In Berlin, dozens of tractors blast their horns and block the main avenue leading to the Brandenburg Gate. Farmers have blocked roads with tractors across Germany, kicking off a week of protests against plans to phase out agricultural subsidies that ministers have warned could be co-opted by the far right….