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

January 23, 2025
Finance
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

US judge to hear states’ bid to block Trump birthright citizenship order

January 23, 2025
Politics
US judge to hear states’ bid to block Trump birthright citizenship order

SEATTLE, Jan 23 (Reuters) – Four Democratic-led states will urge a federal judge in Seattle on Thursday to block U.S. President Donald Trump’s administration from enforcing the Republican’s executive order curtailing the right to automatic birthright citizenship in the United States. Senior U.S. District Judge John Coughenour is scheduled to hear arguments on a request by Democratic state attorneys general from Washington, Arizona, Illinois and Oregon for a temporary restraining order that would prevent Trump’s administration from carrying out a key component of his immigration crackdown. That executive order, which Trump signed on Monday after taking office, directs U.S. agencies

India set to raise farm budget by over 15%, biggest increase in six years

January 23, 2025
Finance
India set to raise farm budget by over 15%, biggest increase in six years

NEW DELHI, Jan 23 (Reuters) – India plans to increase spending for the agriculture sector by about 15% to around $20 billion in next month’s budget, two government sources said, marking the biggest increase in six years, as it tries to boost rural incomes and curb inflation. The additional cash would be directed to developing high-yielding seed varieties, increasing storage and supply infrastructure, and boosting production of pulse crops, oilseeds, vegetables, and dairy products, the sources said. The sources asked not to be named as they were not authorised to talk to the media. India’s finance and agriculture ministries did

Consuming psyllium husk every day lowers cholesterol more than oats

January 23, 2025
Health
Consuming psyllium husk every day lowers cholesterol more than oats

Psyllium husk that bolsters heart health, consuming it every day lowers cholesterol more than oats. Traditional porridge oats have long been hailed as the ultimate breakfast for keeping cholesterol in check. But research suggests psyllium husks may be more effective. High blood pressure and cholesterol are key causes of heart disease. Cholesterol and calcium buildup can cause your arteries to harden and narrow, making it tougher for your heart to pump blood and forcing it to work overtime. This can lead to increased blood pressure. High cholesterol can be triggered by fatty foods, lack of exercise, being overweight, smoking, and

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Rupee slips 4 paise to 96.39 against US dollar in early trade

Rupee slips 4 paise to 96.39 against US dollar in early trade

Mumbai, Oct 6 (PTI) The rupee declined 4 paise to

Stock markets trade higher led by bank stocks, Reliance Industries

Mumbai, Oct 6 (PTI) Market benchmark indices Sensex and Nifty

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