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India's architecture fans guard Mumbai's Art Deco past

Mumbai: A towering cinema with a roofline like an ocean liner stands out in India's financial capital Mumbai, part of a remarkable Art Deco architectural heritage that campaigners say needs protection. A sweep of some Art Deco buildings -- including offices, colleges and residential complexes -- was listed on UNESCO's World Heritage list in 2018, alongside the city's Victorian Gothic …

Art Heritage Mumbai Indian Kumar World Heritage Deco

1 day, 23 hours ago

India's architecture fans guard Mumbai's Art Deco past

Hindustan Times

A towering cinema with a roofline like an ocean liner stands out in India's financial capital Mumbai, part of a remarkable Art Deco architectural heritage that campaigners say needs protection. India's architecture fans guard Mumbai's Art Deco past A short walk away is a state-run insurance office with giant Egyptian-style carvings, and a palm-lined seafront promenade with pastel-coloured apartments with …

Art Architecture Heritage Mumbai Indian Kumar World Heritage

2 days, 22 hours ago

US: House approves funding bill hours before govt shutdown deadline

Deccan Chronicle

Hours to go before a midnight government shutdown, the House approved a new plan late Friday from Speaker Mike Johnson that would temporarily fund federal operations and disaster aid, but drops President-elect Donald Trump's demands for a debt limit increase into the new year.Johnson insisted Congress would "meet our obligations" and not allow federal operations to shutter ahead of the …

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3 days, 8 hours ago

US Fed’s preferred inflation yardstick edges higher by 2.4% in November, stays within Wall Street estimates

Live Mint

The US Federal Reserve's preferred inflation measure rose for a second straight month in November by 2.4 per cent, yet stayed within Wall Street estimates. The US Commerce Department's data showed on Friday that the personal consumption expenditures price index rose 2.4 per cent year-on-year in the 12 months to November, up from 2.3 per cent in October. At 2.4 …

Inflation Prices Interest Rates Cent Fed Rate Core

3 days, 9 hours ago

Government shutdown is averted just after deadline as Congress rejects Trump’s debt limit demands

Associated Press

▶ Follow live updates on federal funding negotiations as a government shutdown looms. WASHINGTON — Facing a government shutdown deadline, the Senate rushed through final passage early Saturday of a bipartisan plan that would temporarily fund federal operations and disaster aid, dropping President-elect Donald Trump’s demands for a debt limit increase into the new year. But the day’s outcome was …

Congress Trump Debt Musk Democrats Senate House

3 days, 11 hours ago

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

Associated Press

WASHINGTON — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known …

Inflation Index Price Month Fed Rate Cut

3 days, 13 hours ago

Donald Trump hopes a Republican challenges U.S. Rep. Chip Roy over debt ceiling opposition

Raw Story

"Donald Trump hopes a Republican challenges U.S. Rep. Chip Roy over debt ceiling opposition" was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about public policy, politics, government and statewide issues. WASHINGTON — President Donald Trump invited a primary challenge against U.S. Rep. Chip Roy on Thursday for …

Social Media Congress Trump Debt Texas Democrats Spending

4 days, 1 hour ago

US Congress debates last-minute spending bill to avert government shutdown

Al Jazeera

Nonessential government functions are expected to shutter on Saturday unless a government spending bill can be passed. “If there is going to be a shutdown of government, let it begin now, under the Biden Administration, not after January 20th, under ‘TRUMP’,” the president-elect said on Friday in a social media post. “If Republicans try to pass a clean Continuing Resolution …

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Fed lowers rates but sees fewer cuts ahead

China Daily

WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, while signaling a slower-than-expected pace of easing next year. US stocks plunged following the rate cuts, with the Dow Jones Industrial Average falling 2.58 percent, the S&P 500 sinking 2.95 percent and the Nasdaq dropping 3.56 …

Fed Rate

Interest rates live updates: Bank of England verdict due after surprise inflation rise

The Independent

Chancellor of the exchequer Rachel Reeves said the figures are a ‘reminder that for too long the economy has not worked for working people For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN …

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4 days, 18 hours ago

Gold bounces back from Fed-induced slump to one-month low

Live Mint

* Fed projects fewer rate cuts in 2025 * Gold hits lowest since Nov. 18 earlier in the session * Investors await US PCE data due on Friday By Rahul Paswan Dec 18 - Gold prices erased losses to gain on Thursday, after dipping to the lowest level in a month earlier in the day on the Federal Reserve's hint …

Gold Fed Rate Low Pce

Inflation rates live: Bank of England expected to hold interest rates at 4.75 per cent

The Independent

Chancellor of the exchequer Rachel Reeves said the figures are a ‘reminder that for too long the economy has not worked for working people For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN …

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5 days, 15 hours ago

Bank of Thailand Defies Government Over Rates, Seeing Risks

Live Mint

-- Thailand’s central bank left its key interest rate unchanged after a surprise cut in October, warning of rising future uncertainties as it resists government calls for further policy easing. “Over the short term, the economic recovery remains on track, but we see higher risks ahead.” The Thai economy faces challenges ranging from increased competition from external factors, and uncertainties …

Bank Thai Thailand Rate Bloomberg Bot Seeing Risks

Surge in wages means beleaguered borrowers must wait for interest rates cut

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England is …

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6 days, 21 hours ago

The World Bank is struggling to serve all 78 poor countries

Live Mint

Impoverished countries do not have much in common. It is the World Bank’s job to lend to all 78 of the world’s poorest countries—defined both by their income per person and the sustainability of their debt burden—through a single fund, the International Development Association, which disburses assistance on generous terms. View Full Image World Bank officials hope that economic growth …

World Bank Loans World Bank Poor Ida Poorest

1 week ago

China retail sales slow as consumers hold back, while home prices fall

Associated Press

BANGKOK — Chinese retail sales slowed in November and housing prices fell, the government said Monday, with demand still lackluster despite a flurry of stimulus measures over the past few months. “However, we must Retail sales rose 3% from a year earlier, down from October’s 4.8% increase and below the 3.5% annual rate in January-November. “China’s economy appears to have …

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1 week, 1 day ago

London approves plan for joint-tallest tower in Western Europe

CNN

CNN — The City of London financial district has approved plans for a 73-floor skyscraper that will match in height Western Europe’s tallest tower a mile to the south, in a sign that city planners are still betting on the office market despite the current downturn. The proposed 309.6-meter tower, which will be exactly the same height as London’s Shard, …

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1 week, 1 day ago

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close

Live Mint

* Fed widely expected to cut rates by 25 bps on Wednesday * Some investors brace for "hawkish cut," with Fed suggesting pause in easing cycle * S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone By Lewis Krauskopf NEW YORK, Dec 13 - A banner year for U.S. stocks gets one of its last …

Stocks Investors Fed Rate Cut Next Year Nasdaq

1 week, 2 days ago

Multilateral institutions are turning away from the poorest countries

Live Mint

For 75 years the World Bank has been one of the developing world’s main sources of cheap finance. The world’s multilateral institutions are turning away from its poorest countries. Because the bank itself is borrowing on the financial markets, and because it is encouraging a shift away from grants, the concessions that the poorest countries receive are becoming less generous. …

Finance World Bangladesh Bank Ida Poorest Help Countries

1 week, 3 days ago

NBFCs turn to other avenues as bank credit slows on repeated RBI warnings

Live Mint

India’s non-bank financiers have heeded calls from the Reserve Bank of India to diversify their borrowing profile and are now gradually moving towards more market borrowings and other avenues such as overseas borrowing and securitization or asset sales instead of relying solely upon bank loans. Top NBFCs have seen the share of bank credit in their total debt fall significantly …

Market Credit Bank 2024 Rbi Banks Trillion

1 week, 3 days ago

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close

Live Mint

* Fed widely expected to cut rates by 25 bps on Wednesday * Some investors brace for "hawkish cut," with Fed suggesting pause in easing cycle * S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone By Lewis Krauskopf NEW YORK, Dec 13 - A banner year for U.S. stocks gets one of its last …

Stocks Investors Fed Rate Cut Next Year Nasdaq

1 week, 3 days ago

Leaders of rich nations are deeply unpopular. That spells trouble ahead.

Live Mint

LONDON—One lesson from an unprecedented year of elections around the world is that voters in industrialized countries are particularly unhappy, ready to boot unpopular leaders out of office and making it more difficult for politicians in power to enact bold programs of change. In a year when half the world’s population had a chance to vote, the results show the …

Europe France World Political Trump Parties Developing Countries

1 week, 3 days ago

Personal Loan: How is technology transforming the borrowing experience?

Live Mint

The use of technology in the financial sector has revolutionised the entire process of borrowing and transformed the user experience to a new level. From a quick and efficient process of submitting loan applications to customised offers, technology has simplified the entire personal loan application journey. Online loan applications Now it is no longer necessary to go to the bank’s …

Application Loan Personal Loan Process Your Profile Your Queries Technology Transforming

1 week, 3 days ago

Europe’s Rates Head Lower in Readiness for Another Trump Era

Live Mint

Europe’s central banks are taking a determined dovish turn to aid economies bracing for more disruption from Donald Trump’s second stint in the White House. The European Central Bank’s own quarter-point move — bringing its rate to a 1 1/2-year low — was accompanied by President Christine Lagarde’s observation that “the direction of travel currently is very clear.” There’ll probably …

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India's architecture fans guard Mumbai's Art Deco past

India's architecture fans guard Mumbai's Art Deco past

US: House approves funding bill hours before govt shutdown deadline

US Fed’s preferred inflation yardstick edges higher by 2.4% in November, stays within Wall Street estimates

Government shutdown is averted just after deadline as Congress rejects Trump’s debt limit demands

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

Donald Trump hopes a Republican challenges U.S. Rep. Chip Roy over debt ceiling opposition

US Congress debates last-minute spending bill to avert government shutdown

Fed lowers rates but sees fewer cuts ahead

Interest rates live updates: Bank of England verdict due after surprise inflation rise

Gold bounces back from Fed-induced slump to one-month low

Inflation rates live: Bank of England expected to hold interest rates at 4.75 per cent

Bank of Thailand Defies Government Over Rates, Seeing Risks

Surge in wages means beleaguered borrowers must wait for interest rates cut

The World Bank is struggling to serve all 78 poor countries

China retail sales slow as consumers hold back, while home prices fall

London approves plan for joint-tallest tower in Western Europe

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close

Multilateral institutions are turning away from the poorest countries

NBFCs turn to other avenues as bank credit slows on repeated RBI warnings

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close

Leaders of rich nations are deeply unpopular. That spells trouble ahead.

Personal Loan: How is technology transforming the borrowing experience?

Europe’s Rates Head Lower in Readiness for Another Trump Era