The former Italian premier had barely finished presenting his long-awaited report on Monday about how to fix Europe's ailing economy-with its centrepiece of common bond issuance-when Finance Minister Christian Lindner retorted that such an approach won't solve the region's structural problems. "I am very sceptical about Draghi's approach to debt," the German politician told N-TV in one of a series of swift reactions. "That can be summarised briefly: Germany should pay for others. That can't be a master plan." That reaction from Berlin highlights the challenges of turning a 400-page recipe to restore competitiveness and help the bloc compete on global markets into reality.
The resistance to Draghi's call for the region to invest as much as ₹800 billion ($884 billion) extra a year and commit to regularly issue common bonds prolongs a history of stalemate between rival ambitions.
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White-collar hiring up 9% in Dec: Report
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Missing Women in South Indian Film Leadership
The South Indian film industry lags Bollywood and other non-South Indian language cinemas in terms of women serving as heads of departments (HoDs) in various stages of filmmaking and streaming series production, according to a recently released report.
Manu Bhaker, Gukesh among four athletes to get Khel Ratna award
Shooter Manu Bhaker, chess world champion D Gukesh, men's hockey captain Harmanpreet Singh and para-athlete Praveen Kumar were on Thursday named recipients of this year's Major Dhyan Chand Khel Ratna Award—the country's highest sporting honour.
MHA warns against 'pig butchering scam'
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Insurers to double down on tech, rural expansion for growth in '25
Industry will also focus on strengthening distribution networks and human capital
UNDER THE PUMP
India's 2025 fuel exports could feel the heat of geopolitics, Houthi attacks, growing US supplies, and new refineries
Auto stocks race on December sales boost
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Earnings growth likely to be a key driver this year: Mirae Asset MF
Even as earnings growth has decelerated in recent quarters, India's medium-to-long-term outlook remains robust, driven by strong macro fundamentals, deleveraged corporate balance sheets, robust asset quality, fiscal discipline, favourable demographics, digitisation, and rising income levels, Mirae Asset Mutual Fund said in its outlook for 2025.
Best Dec for IPOs since 1996
15 firms collectively raised ₹25,425 cr last mth
Temper expectations as growth challenges remain: Axis MF
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