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India’s Jan business growth at 14-month low due to weaker services demand, PMI shows

BENGALURU, Jan 24 (Reuters) – India’s business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks in its world-beating economic growth at start of 2025 although firms hired new staff at a record pace. The services industry is the major engine of Asia’s third-largest economy and the latest data raises concerns about the sustainability of a strong economic performance with government estimates pointing to slower overall growth of 6.4% this fiscal year. HSBC’s flash India Composite Purchasing Managers’ Index tab, compiled by S&P Global, fell to 57.9 in January, the lowest

NDTV loan case: Delhi court accepts CBI closure report

New Delhi, Jan 23 (PTI) A Delhi court on Thursday accepted a closure report filed by the CBI in an alleged case of irregularities by the ICICI Bank in accepting loan repayment from NDTV, saying “it appeared to be satisfactory”. Special judge Shailender Malik accepted the closure report after going through the report, and the submissions made by the CBI, and the complainant in the case, who said he did not want to file any “protest petition” as he was satisfied with the investigation. The CBI filed the closure report before a special court last year, after its six-year-long probe

Screen breaks and the right desk setup offer relief from work-related eye strain

NEW YORK, January 23, 2025 (AP) — The trouble started every day at around 3 p.m., after Cathy Higgins had spent five or six hours staring at an array of computer screens at her desk. Her university job overseeing research projects involved peering closely at numbers and details on contracts, applications and budgets. “My vision was so blurry, I couldn’t even see what was on the screen, and I was squinting so much that I could not function,” Higgins said. When her eyesight got bad, Higgins walked around and spoke with members of her staff. She began planning in-person meetings

Turkey’s central bank lowers benchmark interest rate to 45%

ANKARA, Turkey, January 23, 2025 (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing. The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate to 45% from the current 47.5%. In its previous reduction in December, the bank also cut the rate by 2.5 percentage points. Despite the significant rate cut, the central bank reaffirmed its commitment to controlling soaring inflation which has left many households in Turkey struggling to afford

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