The European Central Bank (ECB) slashed its interest rates further 25 basis points to 3 per cent on Thursday, as the inflation slows down and growth outlook worsen in the EU, reported AFP.
3 min read12 Dec 2024Its institutional settings have outlived their utility. Its education and financial systems were geared for metal-bashing industries, but it now needs an AI focus, more risk capital, flexible decision-making and greater fiscal leeway—freed of ‘debt brakes’.
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4 min read11 Dec 2024Markets fret about a budget crisis, but slow economic growth is the underlying problem.
2 min read3 Dec 2024A particular destination in Europe does not need a visa if one wants to work or live there. Read to know more
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4 min read26 Nov 2024At the COP29 climate summit, the United States and the European Union backed the proposal of raising the global finance target to $300 billion per year by 2035, reported Reuters. The details are pending and will only be available after a agreement in signed.
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1 min read15 Nov 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared