Latest news, breaking stories
The PLI scheme — National Programme on High Efficiency Solar PV Modules — approved by the Union Cabinet, is aimed at reducing import dependence in a strategic sector like electricity The government will soon enhance the funding under the production linked incentive (PLI) scheme for the domestic solar cells and module manufacturing to ₹24,000 crore […]
Continue Reading
DIPAM’s Pandey says awaiting court orders for other divestments, hinting at Hindustan Zinc, Balco The government is eyeing a sale of its residual stakes in erstwhile public sector firms like Paradeep Phosphates, Hindustan Zinc and Balco, which were privatised during the Atal Behari Vajpayee regime, a top finance ministry official said. “We intend to exit […]
Continue Reading
Brazil’s federal government will require winners of an upcoming 5G spectrum auction to build a high security wireless network for its exclusive use, according to an order published late Friday. The requirement is one of the new guidelines for the auction that the government is planning for 2021. While the decision doesn’t mention Huawei Technologies […]
Continue Reading
In this article The U.K.’s unemployment rate climbed less than economists expected in the three months to November, as an extension of government aid helped protect some jobs amid a widespread lockdown. The rate rose to 5% in the period, lower than the 5.1% predicted by economists, but still the highest since 2016, the Office […]
Continue Reading
Ghislaine Maxwell, the former British socialite who’s accused of sex-trafficking with her ex-boyfriend Jeffrey Epstein, asked a court to throw out all charges against her, saying the government violated her rights to obtain evidence, has presented vague allegations and is depriving her of a fair trial. Maxwell has been fighting the U.S. charges since her […]
Continue Reading
U.K. health minister Matt Hancock was surrounded by cameras as he visited a family doctors’ practice in north London to hail the rollout of a new coronavirus vaccine. Unfortunately for him, the clinic hadn’t yet received its promised delivery of shots. “We were expecting our first AstraZeneca 400 today,” Dr Ammara Hughes from the Bloomsbury […]
Continue Reading
The Japanese government will ban entry to most foreigners through the end of January as coronavirus cases reach record highs there and the nation confirmed its first cases of the new, more infectious Covid strain. The restrictions will be implemented on Monday, the government said in a statement. Japanese nationals and foreigners with residency who […]
Continue Reading
A Turkish TV channel shut down weeks after its launch, a decision its journalists say was forced by pressure from government officials who didn’t like its news coverage. Olay TV chief editor Suleyman Sarilar made a final appearance before it ended broadcast on Friday, saying the channel’s biggest shareholder decided to pull the plug amid […]
Continue Reading
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter Bank of Ghana Governor Ernest Addison ruled out providing more loans to the government to help narrow the budget shortfall, saying it would put exchange-rate stability at risk. The central bank shelved its zero-financing policy this year to lend the government 10 […]
Continue Reading
Poland’s prime minister urged his junior coalition partner to stay in the government after he reluctantly agreed, against their demands, to strengthen the European Union’s ability to discipline countries in breech of the bloc’s democratic values. The junior partner, a party led by Justice Minister Zbigniew Ziobro, is set to meet to determine its future […]
Continue Reading