VD Satheesan named Kerala CM, to take oath early next week
VD Satheesan has been appointed the new Chief Minister of Kerala. The Congress high command made this decision after days of deliberation. Satheesan, a six-term legislator, secured the position with support from allies and public sentiment. He takes charge after the United Democratic Front's victory
Sugar export ban to free up 4-5 lakh tonne for domestic use
India has banned sugar exports until September 30. This move aims to increase domestic availability by 4-5 lakh tonnes. The decision is a response to El Nino concerns and potential impacts on future production. While boosting buffer stocks, the ban may affect sugar mill owners' short-term finances.
Bank of England: Firms are bracing for price rises and job cuts
英国央行的研究显示,随着明年工资和物价螺旋式增长带来的紧张局势加剧,企业认为明年就业率将下降,通胀率将达到 4%。 The Bank’s latest decision maker panel, a survey of business owners on price expectations, has fuelled concerns [...]