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कोशिश गोल्ड - मुक्त

French PM resigns after Macron’s cabinet gamble backfires

Mint Chennai

|

October 07, 2025

Sebastien Lecornu unexpectedly resigned as France's prime minister on Monday, blaming the intransigence of the groups in the country’s fractured parliament and deepening a national political crisis.

- Bloomberg

French PM resigns after Macron’s cabinet gamble backfires

Sebastien Lecornu. AF

(AF)

The move sparked a selloff in French assets with stocks tumbling by the most since late August and the yield on the benchmark 10-year note rising nine basis points to 3.6%.

While Lecornu was clearly in deep trouble with no majority emerging to back him in parliament, his abrupt departure was a surprise. His resignation came less than 24 hours after President Emmanuel Macron named a new cabinet stacked with centrist loyalists, ignoring threats from opposition parties not to appoint a continuity government. That plan immediately backfired.

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What went into quadrupling Jio Payments Bank's footprint

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British cosmetic co Lush re-enters India

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Mint Chennai

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AI ignites the return of Bezos the inventor

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time to read

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Diwali is past, but shopping season is roaring ahead

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Let digital links and AI fix gaps in power grids as they go green

Digital interoperability and AI can deliver energy efficiency and resilience against transition shocks

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TCS, Wipro US patent suits worsen IT's woes

Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.

time to read

1 min

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Quality control orders: Let's fix all distortions

Dropping QCOs that act as import barriers for factory inputs will help reduce costs but India should also tackle other distortive aspects of our trade policy that do the economy a disservice

time to read

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SC clears Sandesarass after ₹5,100-crore settlement deal

Court drops all criminal proceedings against Sterling Biotech promoters in a bank fraud case

time to read

3 mins

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Sunteck in Dubai with ₹10,000-cr luxe project

Sunteck Realty Ltd has ventured into the Dubai property market with a ₹10,000-crore luxury project in the prime Downtown Dubai area, at a time when the city is witnessing a surge in demand for high-end properties.

time to read

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Govt plans reform push in winter session

The government is preparing to push a packed reform agenda through parliament's short winter session that will start 1 December, with 15 sittings scheduled to clear major legislations tied to crucial issues, including ease of doing business, regulatory consolidation, foreign investment, and sectoral reforms.

time to read

1 mins

November 25, 2025

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