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India’s Birla Cellulose earns top ranking in Hot Button Report

Birla Cellulose, Aditya Birla Group’s MMCF business, has topped Canopy’s 2024 Hot Button Report for sustainable wood sourcing, earning its fifth ‘Dark Green Shirt’ rating.
Praised for eliminating Ancient Forests from its supply chain, it advances Next Gen fibres and low-carbon tech.
With 11 production sites and 5 R&D centres, it leads in innovation and sustainability.Read More

19.12.2024Comments Off,
US Fed cuts key interest rate by 0.25%; unemployment rate remains low

The US Federal Reserve (Fed) yesterday cut interest rates by 0.25 per cent and indicated a slower pace of cuts in the future.
The economic outlook is uncertain, it said.
The central bank’s key lending rate was lowered to between 4.25 per cent and 4.5 per cent.
Since earlier in the year, labour market conditions have generally eased, and the unemployment rate has moved up, but remains low.Read More

19.12.2024Comments Off,
Noticeable slowdown in Turkish inflation to continue in 2025: Minister

Turkish finance minister Mehmet Simsek has said a noticeable slowdown in inflation has started in many areas and the trend will continue next year.
The ‘necessary groundwork’ has been done to permanently reduce inflation, he told parliament.
The annual inflation rate dropped to 47.09 per cent in November, down from 48.6 per cent in October and further away from a peak of 75.45 per cent in May.Read More

19.12.2024Comments Off,