The trouble with TM Krishna

A scholar like TM Krishna falls on a continuum which none of us can truly understand, as he has made himself the subject of his own inquiry Who can talk about caste, class and inequality? What does it mean to be a Brahmin scholar? In light of recent events at …

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Hungary central bank says credible fiscal planning needed to cut risks

BUDAPEST (Reuters) – Hungary’s central bank expects the 2024 budget deficit to be between 4.5% to 5% of gross domestic product, possibly exceeding the government’s recently increased 4.5% target, it said in its quarterly inflation report on Thursday. Prime Minister Viktor Orban’s government has struggled to contain the budget deficit …

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Sketchy Politics: can anything save Sunak?

You can enable subtitles (captions) in the video player Their only hope… this is a memento. They are… All right, I’ll get the map. OK, let’s do that again. There’s another one for the scrapbook. This is Sketchy Politics: To Boldly Go! Robert, we haven’t had a chat for a …

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German retail sales fall more than expected

Joe Lieberman, the former Democratic candidate for vice-president in 2000 who had left the party and was backing a third-party bid for the White House this year, has died aged 82. The former senator from Connecticut died suddenly due to complications from a fall, his family said in a statement …

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Thames Water board locked in crisis talks about £3bn funding plan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The board of Thames Water, Britain’s largest water company, was locked in crisis talks on Wednesday after shareholders refused to confirm they would provide about £3bn of fresh equity that …

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Thames Water shareholders refuse to inject new funds

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water said its shareholders will no longer provide £500mn of fresh equity by the end of the month over fears that conditions imposed by the industry regulator make the …

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