Business

The Reserve Bank of India's Monetary Policy Committee (MPC) has unanimously decided to raise the policy repo rate by 25 basis points (bps) to 5.50%. This significant move, announced on Wednesday, October 7, 2026, is set to directly impact millions of borrowers across the country. Following this ... Read full article.

Mobile phone giant VodafoneThree is dramatically accelerating its cost-cutting efforts in the UK, targeting a massive £1 billion in annual savings by 2032. This ambitious new goal adds another £300 million to their original £700 million-a-year objective, following last year's significant merger of ... Read full article.

Global crude oil prices saw a significant surge on Thursday, driven by escalating tensions in the Middle East and a brewing storm in the U.S. Gulf Coast. Brent crude futures, the international benchmark, climbed by 3.8% to reach $104.04 a barrel, while U.S. West Texas Intermediate (WTI) futures ... Read full article.

The landscape of India's satellite broadband market is heating up, with Reliance Jio making significant strides in its indigenous technology development. This comes at a time when Elon Musk's Starlink faces regulatory hurdles, awaiting government approval to launch its operations in the country. ... Read full article.

In a significant development for millions of digital payment users, the Indian government is reportedly considering delaying the implementation of the Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. This potential deferment comes as a welcome relief, especially with the crucial ... Read full article.

Two new players, Nitya Gems and Jewellery and Vishal Nirmati, stepped onto the stock market today, marking the official close of the September quarter IPO season. It was a day of mixed fortunes for the new entrants, with one shining bright and the other facing a challenging start. Nitya Gems and ... Read full article.

Stop thinking of work as linear building and start seeing it as an iterative search. Embrace the explorer's mindset to discover true value in a complex world. Most people picture work as building. They imagine a mason, carefully laying bricks according to a blueprint. It’s a comforting image, one of ... Read full article.

Elon Musk alleges powerful figures are hindering Starlink's India launch, despite infrastructure being ready. The satellite internet service aims to bring affordable broadband but awaits crucial regulatory nods. #Starlin Starlink's entry into the Indian market, a service promising to deliver ... Read full article.

The battle for international roaming (IR) dominance has heated up! Days after Vi announced its innovative bundling of IR packs, Bharti Airtel has responded decisively, integrating international roaming benefits with all its postpaid plans. This strategic move covers both individual and family ... Read full article.

India's central bank, the Reserve Bank of India (RBI), has announced its first interest rate hike since February 2023, raising the repo rate by 25 basis points (bps) to 5.50%. This significant move comes after the central bank had maintained a status quo on the repo rate for its last four reviews, ... Read full article.

The much-anticipated trade talks between India and the United States have hit a significant "plateau," according to India's Finance Minister Nirmala Sitharaman. Speaking to India Today Global, Sitharaman highlighted the increasing difficulty both nations are experiencing in reaching a mutual ... Read full article.

Shell, one of the world's leading energy supermajors, is poised to report unprecedented profits from its refining operations. The company anticipates profit margins of $42 per barrel between July and September, a significant leap from the $24 per barrel seen in the second quarter. This projected ... Read full article.

The S&P 500 achieved a remarkable milestone this Tuesday, hitting a new all-time intraday record of 7844.52. This surge not only surpassed its previous August 13 peak of 7,830 but also saw the benchmark close above 7,800 for the first time ever. This record-setting rally comes as a defiance ... Read full article.

It seems many homeowners are leading secret lives, at least when it comes to their living situations! A recent survey has unveiled that a surprising 44% of homeowners who live with at least one other adult are secretly taking steps towards a potential property move without their housemates or ... Read full article.

In a significant move to safeguard public health, the Advertising Standards Authority (ASA) has issued bans on the first advertisements for oral weight loss medicines. The watchdog's rulings targeted several companies for promoting unlicensed and prescription-only products directly to the public, ... Read full article.

The Conservative party has announced a significant pledge: if they win the upcoming election, they will halve the employer National Insurance contributions for young people aged 21 to 24. This move aims to make it cheaper for businesses to hire younger workers, potentially putting tens of thousands ... Read full article.

IKEA is set to significantly expand its presence in the burgeoning secondhand market with the pilot launch of an online buy-back service and a new dedicated online marketplace for pre-loved items.The online buy-back service, which will offer vouchers for unwanted secondhand furniture, is slated for ... Read full article.

Jio Platforms, the digital arm of Reliance Industries, is gearing up for what could be India's largest-ever initial public offering (IPO), targeting an impressive $114 billion (approximately Rs 11 lakh crore) valuation. The highly anticipated share sale is expected to open around October 21, aiming ... Read full article.

Conservative leader Kemi Badenoch has voiced significant concerns regarding the future of the pension triple lock, stating that it would be "difficult" to reinstate should Labour's proposed changes come into effect. Her comments highlight a growing political debate over the vital mechanism that ... Read full article.

The Reserve Bank of India (RBI) is expected to announce its latest monetary policy decision on October 7, and economists are widely predicting a 25 basis point (0.25%) increase in the repo rate. This move, if it happens, would take the current repo rate from 5.25% to 5.50%, potentially ushering in ... Read full article.

A severe drought is gripping Karnataka, pushing thousands of farmers deeper into financial distress and debt. The monsoon has largely failed, leading to widespread crop failure across the state. In specific regions like Tumakuru, farmers who invested significant amounts in cultivating crops such as ... Read full article.

The World Bank has unveiled its highly anticipated October 2026 South Asia Economic Update, offering a comprehensive look into the region's economic landscape. This flagship semi-annual report delves into how regional economies, particularly India, are navigating significant energy sector ... Read full article.

After 78 years, the sounds of international trade have returned to eastern Assam's waterways. A barge carrying 540 metric tonnes of methanol departed from the Bogibeel Terminal in Dibrugarh district on Monday, October 5, 2025, destined for Dhaka, Bangladesh. This momentous journey marks the first ... Read full article.

Despite surging Treasury yields hitting multi-year highs, the stock market's major indexes are continuing their upward climb, a phenomenon CNBC's Jim Cramer attributes to the outsized influence of a select group of artificial intelligence powerhouses.On Monday, the Nasdaq Composite soared to a ... Read full article.

At the recent Kautilya Economic Conclave, India's top policymakers, External Affairs Minister S. Jaishankar and Reserve Bank of India Governor Shaktikanta Das, painted a confident picture of the nation's ability to navigate global complexities and achieve robust economic growth. Their insights ... Read full article.

A recent report by retirement specialist Standard Life paints a concerning picture of the financial well-being of UK adults, indicating a growing struggle to manage everyday expenses. More than a quarter, specifically 26%, of adults across the UK are finding it difficult to get by on their current ... Read full article.

A recent report paints a rather stark picture of the relationship between Scottish businesses and their government, revealing a widespread feeling that ministers simply don't understand the complexities of the commercial world. More than two-thirds of firms surveyed—an eye-opening 69%—expressed a ... Read full article.

The much-anticipated 57th Goods and Services Tax (GST) Council meeting, initially set for October 7th, has been rescheduled for the second time and will now convene on Thursday, October 8th. The crucial meeting will take place from 11 am onwards at the Summit Room, Bharat Mandapam, in New Delhi. ... Read full article.

Shares of FSN E-Commerce Ventures, the parent company of popular beauty and fashion retailer Nykaa, experienced a significant surge, rising 4.12% to Rs 338.35 in Monday's trading session. This uplift followed the company's robust Q2 FY27 update, which highlighted continued strong growth momentum ... Read full article.

India and the United States have reached a challenging juncture in their ongoing trade negotiations, with Finance Minister Nirmala Sitharaman indicating that the discussions have hit a 'plateau.' This development suggests that further concessions are proving increasingly difficult to achieve as ... Read full article.

The UK's largest broadband provider, BT, has reached a provisional agreement to acquire its struggling rival, TalkTalk. This significant move is being framed as a rescue deal aimed at preventing TalkTalk's collapse, offering a "safety net" for its 2.5 million customers—a group that includes ... Read full article.

IndiGo, one of India's leading airlines, has announced a significant hike in fuel charges for all its flights, a move set to impact travelers' wallets. The revised charges will come into effect starting October 6, 2026, according to company statements. This decision by IndiGo follows a considerable ... Read full article.

A significant corporate battle is brewing at Tata Sons, the holding company of the vast Tata Group, centered around the Reserve Bank of India’s (RBI) compliance norms, specifically the requirement for it to list publicly. This internal struggle has taken on a fascinating new dimension with the ... Read full article.

Tom Cruise, known for his blockbuster hits, is facing an unexpected stumble at the box office with his latest film, "Digger." Directed by the acclaimed Alejandro G. Iñárritu, the movie raked in a disappointing $8 million during its opening weekend in North America. This marks one of Cruise's ... Read full article.

Amazon, a tech giant, has announced significant new commitments aimed at addressing widespread public and political opposition to the rapid expansion of data centers across the country. In a recent lengthy blog post, the company pledged $1 billion over the next five years to support local ... Read full article.

Hollywood superstar Tom Cruise's latest cinematic offering, "Digger," has suffered a stunning defeat at the global box office, opening to dismal numbers and leaving industry insiders questioning its future. The action flick, which reportedly carried an hefty production budget of up to $180 million, ... Read full article.

The Socratic method, with its relentless questioning and intellectual humility, offers the ultimate framework for understanding and evaluating the complex world of Artificial Intelligence. Discover why ancient philosophy Artificial intelligence promises to reshape our world, but with great power ... Read full article.

India's financial system has demonstrated remarkable resilience, successfully navigating challenges, including the recent West Asia crisis. This was the encouraging message from Reserve Bank of India (RBI) Governor Sanjay Malhotra, who recently addressed the Kautilya Economic Conclave.However, ... Read full article.

Dan Houser, the mastermind behind GTA and Red Dead Redemption, is back with Absurd Ventures. Discover his wild new projects and why he's stepping away from the open-world games he helped define. It’s a fascinating turn of events when a creator who has profoundly shaped a genre starts to distance ... Read full article.

Filmmaker Tony Gilroy, renowned for his acclaimed work on “Andor” and the Bourne franchise, openly expressed deep concerns about the impending Paramount-Warner Bros. merger at the world premiere of his new film, “Behemoth!” Speaking passionately at the 64th New York Film Festival, Gilroy branded ... Read full article.

New Delhi, Reserve Bank of India (RBI) Governor Sanjay Malhotra has issued a stark warning regarding the future of global financial stability, identifying five key vulnerabilities that could significantly challenge the international economic architecture. Speaking at the 5th Kautilya Economic ... Read full article.

Federal Reserve officials are signaling a more patient approach to interest rate decisions, leading markets to significantly lower their expectations for an October rate hike. This shift comes as key policymakers emphasize the need to assess economic data thoroughly before making further ... Read full article.

India is embarking on a significant journey to revise its Model Bilateral Investment Treaty (BIT), a move announced during the Union Budget 2025-26. This revamp comes nearly a decade after the 2015 Model BIT was approved, with the aim of making the framework more investor-friendly. The 2015 Model ... Read full article.

Global energy markets are bracing for a significant intervention as the Group of Seven (G7) leading economies have agreed to release 100 million barrels of oil and diesel. This coordinated move aims to alleviate mounting supply pressures, which have seen fuel prices soar worldwide, and to prevent ... Read full article.

The entertainment world is abuzz as David Ellison's Skydance prepares to finalize its monumental takeover of Warner Bros. Discovery. After nearly a year of complex negotiations, the $111 billion merger, set to close on October 6, has garnered a surprisingly optimistic reception across Europe, a ... Read full article.

In an inspiring tale of youthful ambition and disruptive innovation, 19-year-old Dhravya Shah has made headlines by building an Artificial Intelligence (AI) startup, Supermemory, which has successfully raised $3 million in funding. What makes his achievement even more remarkable is that Shah ... Read full article.

JD Wetherspoon, the popular pub chain, has reported a significant 28% drop in annual pre-tax profits, falling to £58.6 million for the year ending July 26. This comes despite an increase in total sales, highlighting the severe impact of rising operational costs on the hospitality sector.Chairman ... Read full article.

The National Audit Office (NAO) has initiated a comprehensive review into outsourcing firm Capita's management of the UK's Civil Service pension scheme. This move comes after Capita admitted that its performance in running the scheme falls significantly below the expected standards for both scheme ... Read full article.

Manchester City has officially launched an appeal after an independent commission found the club guilty of a staggering 114 out of 115 charges related to breaches of the Premier League's financial regulations. The club swiftly dismissed the ruling, stating it contained "clear material errors, of ... Read full article.

The UK's competition watchdog, the Competition and Markets Authority (CMA), has raised significant concerns over Nexfibre's proposed £2 billion acquisition of rival fibre broadband firm Netomnia. The CMA provisionally found that the tie-up could “substantially” harm competition within the wholesale ... Read full article.