Economy

London, A new report paints a concerning picture for the UK economy, revealing a significant jump in businesses teetering on the edge of collapse. The number of British firms in "critical financial distress" has surged by almost a tenth, with leisure, hospitality, and retail sectors feeling the ... Read full article.

The Indian government has announced a significant cut in export duties on petroleum products, bringing the levy on petrol exports down to zero. This move, part of a fortnightly review aimed at ensuring sufficient domestic fuel availability, also sees reductions in duties for diesel and aviation ... Read full article.

AI is reshaping the job market, impacting young graduates significantly. With higher unemployment rates for recent grads, how will Gen Z navigate this evolving landscape? The future of work is now. Let’s talk about something big that’s brewing, something that could redefine the future for an entire ... Read full article.

China's export sector has once again defied expectations, posting stronger-than-estimated growth in July. This surge comes despite a complex backdrop of weak consumer spending and a prolonged property market slump within China's domestic economy, as well as ongoing global trade backlashes. The ... Read full article.

British Gas owner Centrica is set to undergo a significant restructuring, announcing plans to cut 1,300 jobs over the next two years. This overhaul will primarily impact the company's customer operations workforce, leading to an approximate 14% reduction in staff within that sector. The energy ... Read full article.

The newly operationalized India-UK trade deal is sparking significant optimism among Indian exporters, with projections indicating substantial growth across key sectors. This landmark agreement is being hailed as a major catalyst for India's export ambitions. Dr. K. N. Raghavan, CEO of the Seafood ... Read full article.

A significant development is brewing on the international economic front as the United States proposes a new bill threatening a steep 100% tariff on countries that continue to purchase Russian oil. This proposed legislation specifically targets nations like India, China, Slovakia, Hungary, and ... Read full article.

Retailers across the UK saw a sunny surge in sales during June, as figures reveal a 1.9% year-on-year increase in total retail sales. This positive growth was significantly driven by a remarkable 5.1% boost in online sales, indicating a continued shift towards digital shopping habits, or perhaps ... Read full article.

Leading recruitment firm PageGroup has offered a cautious yet somewhat optimistic outlook on the UK jobs market, describing it as "tough but stable." This assessment comes as the company revealed its performance for the second quarter, indicating a notable improvement compared to the preceding ... Read full article.

Afghanistan's economy is reeling under the Taliban's increasingly strict social regulations, which are severely impacting businesses and keeping women out of the workforce. The Taliban's enforcement of rigid dress codes and restrictions on women's public life has created a challenging environment, ... Read full article.

As England prepares to face Norway in the World Cup quarter-finals this Saturday, the nation is not only buzzing with sporting excitement but also experiencing a significant economic uplift. This major football event is expected to generate a near half-billion pound sales increase for the wider UK ... Read full article.

Finance Minister Nirmala Sitharaman has outlined a groundbreaking vision for India's Global Capability Centers (GCCs), signaling a significant shift in the nation's economic strategy. The focus is moving decisively beyond mere cost-efficiency to establishing India as a leader in global innovation. ... Read full article.

India's economy is booming! ANZ forecasts 6.7% growth in FY27. Discover how this massive surge creates unparalleled global career opportunities for Gen Z in tech, finance, and more. Hey Gen Z! Let's talk about something big happening on the global stage that could literally shape your future ... Read full article.

Srinagar International Airport has officially withdrawn its planned runway closures for repairs and maintenance. This means uninterrupted daytime flight operations will continue throughout the year 2026, a decision that brings significant relief to travelers and local businesses.Initially, the ... Read full article.

Consumers can breathe a sigh of relief as commercial LPG cylinder prices have seen a significant reduction across various cities in India. For the first time this year, Indian Oil has announced a cut in the price of 19 kg commercial LPG cylinders, with reductions ranging from ₹173 to ₹183.50. This ... Read full article.

India's economy is bracing for potential shocks as the threat of a 'super' El Niño intensifies, leading to a significant deficit in monsoon rainfall. After June saw a massive 40% shortfall, the India Meteorological Department (IMD) has now forecast that July will also experience “below normal” ... Read full article.

The rise of AI threatens millions of jobs. Is 'Universal Basic Capital' the ultimate hedge against an AI dystopia? It all depends on how we build it. AI is here, and it’s changing the game. Automation is advancing rapidly, sparking genuine fears of widespread job displacement across various sectors. ... Read full article.

Pressure is mounting on the Indian government and oil marketing companies (OMCs) to reduce petrol and diesel prices, as global crude oil rates continue to fall. Despite crude prices largely returning to pre-conflict levels, fuel rates in India remain high, prompting widespread calls for a ... Read full article.

Confederation of Indian Industry (CII) president and Tata Chemicals managing director R Mukundan has issued a strong call for India to shift its focus from merely "ease of doing business" to the more dynamic "speed of doing business." In a recent interaction, Mukundan emphasized that this crucial ... Read full article.

North-east Scotland is entering a pivotal phase in its energy landscape, a period described by experts as a "Goldilocks zone" for energy transition. This critical juncture, however, comes with a stark warning: up to 18,000 jobs could be lost over the next decade if the region doesn't adapt ... Read full article.

Scotland is currently experiencing unprecedented economic appeal, with its foreign investment attractiveness reaching an all-time high, according to a recent study by EY. The report indicates a significant surge in confidence, as a substantial one-third of firms planning investments in the UK are ... Read full article.

West Bengal witnessed a landmark moment on Monday, June 22, 2026, as Finance Minister Swapan Dasgupta unveiled the first budget of the Bharatiya Janata Party (BJP) government in the state. The budget has been widely welcomed by prominent industry leaders, who lauded its comprehensive approach to ... Read full article.

Union Petroleum and Natural Gas Minister Hardeep Singh Puri has asserted that petrol and diesel prices in India have seen "no real increase," despite global crude oil volatility. Speaking in Sonbhadra as part of a government campaign, Puri highlighted that the Narendra Modi government has actively ... Read full article.

The UK government's borrowing has significantly increased, reaching a record high for May. According to official figures, the nation borrowed a staggering £23.3 billion last month. This figure represents a substantial jump, being nearly a third (30.4%), or £5.4 billion, higher than the borrowing ... Read full article.

American drivers are breathing a collective sigh of relief as average gas prices across the United States have officially dipped below the $4 per gallon mark. This significant drop, the first time since March, signals a welcome, albeit cautious, change for millions of commuters and families ... Read full article.

In a significant move impacting the energy sector, the Indian government has announced an increase in the special additional excise duty (SAED) on exports of diesel and aviation turbine fuel (ATF). The revised rates will come into effect from June 16, according to a notification issued by the ... Read full article.

Nationalist Congress Party (SP) supremo Sharad Pawar has strongly criticized Prime Minister Narendra Modi's handling of gas and fuel price hikes, warning that the ruling party will "pay a political price" for steadily disturbing household budgets. Speaking in Baramati, Pawar accused the government ... Read full article.

Important investments for farmers, helping them perform various agricultural tasks efficiently and on time. Among the many tractor options available, Eicher tractors have gained significant popularity due to their reliable performance, fuel efficiency, and practical farming features. Farmers today ... Read full article.

India's manufacturing sector is showing some serious muscle this May. According to the latest figures, factory activity hit a three-month high, driven largely by strong domestic demand and a wave of new infrastructure projects. The HSBC India Manufacturing Purchasing Managers' Index (PMI) climbed ... Read full article.

Starting June 1st, businesses and restaurants are facing another hit to their wallets. Commercial LPG cylinder prices have been hiked once again, marking the fourth increase since conflict broke out in West Asia earlier this year. While domestic households can breathe a sigh of relief as their ... Read full article.

The UK is facing a growing crisis as the number of young people not in employment, education, or training—commonly known as Neets—has officially topped one million. New data shows that nearly one in seven people aged 16 to 24 are currently drifting outside the traditional workforce and school ... Read full article.

If you're heading to the fuel station today, you might want to brace your wallet. Petrol prices in New Delhi have officially crossed the ₹100 mark, currently sitting at ₹102.12 per litre. This comes after a series of hikes that have seen petrol climb by ₹2.61 and diesel by ₹2.71 in just the last ... Read full article.

Indian agriculture is changing rapidly with the use of modern machinery and smart farming methods. Farmers today need tractors that can improve productivity, reduce farming effort, and handle multiple agricultural tasks efficiently. New Holland tractors have become one of the most trusted choices ... Read full article.

Residents in Bengaluru woke up to a significant shock this morning as petrol prices officially crossed the ₹110 mark. This latest jump marks the fourth time in just ten days that fuel rates have been revised upward, leaving commuters and transport operators struggling to keep up with the rising ... Read full article.

Fuel prices are burning a hole in the pocket again! Petrol and diesel prices have seen their fourth hike in less than two weeks, leaving commuters across the country worried. This time, petrol prices have jumped by Rs 2.61 per litre, while diesel has gone up by Rs 2.71 per litre. The latest ... Read full article.

Living in the city is getting significantly more expensive as petrol prices have officially crossed the ₹100 mark in Delhi. This latest hike, which saw fuel costs jump by ₹2, is part of a series of increases triggered by the ongoing global energy crisis. With the Iran war disrupting supply lines, ... Read full article.

Fuel prices in India are seeing a sharp upward trend, with citizens in major metros like Hyderabad, Kolkata, and Mumbai feeling the pinch of some of the highest rates in the country. In the last 10 days alone, prices have jumped by nearly Rs 5 per litre. State-owned oil companies increased prices ... Read full article.

Commuters across India are feeling the pinch again as petrol and diesel prices have been hiked for the third time this month. State-run oil marketing companies announced the fresh revision on Saturday, citing the continued pressure from the global crude oil market. Under the new rates, petrol ... Read full article.

Fuel costs are climbing once again, marking the third increase in just eight days. On Saturday, prices for petrol and diesel rose by an average of 90 paise per litre across the country, affecting all variants of the fuel. This latest adjustment follows a pattern of rising energy costs that has seen ... Read full article.

It is a tough week for commuters and transport operators alike as fuel prices in India have been hiked for the third time in just eight days. In the latest round of price revisions, petrol has become dearer by 87 paise per litre, while diesel prices have climbed by 91 paise. This follows a trend of ... Read full article.

India is bracing for a potential economic storm as experts warn of a significant supply shock that could send oil prices skyrocketing and your monthly fuel bill even higher. Gita Gopinath, a prominent economist, has cautioned that if the ongoing conflict in West Asia persists into June, crude oil ... Read full article.

London is facing a housing crisis that feels impossible to solve, but a leading think tank believes they have found a potential fix. The Centre for London is calling for a major shake-up of the UK’s tax system, suggesting that both stamp duty and council tax should be scrapped entirely. In their ... Read full article.

India is at a crossroads in its journey to becoming a global manufacturing powerhouse. While the dream of 'Make in India' remains a top priority, a recent report suggests that the secret sauce to success isn't just more factories, but significantly more investment in research and development. ... Read full article.

Delhi's CNG price rose by ₹1 per kg to ₹80.09 on Sunday, marking the second hike in 48 hours. The back-to-back increases follow a ₹2 rise two days earlier and come as fuel prices across India move higher amid volatile global energy markets. The price spike draws political reactions; Congress ... Read full article.

The Indian rupee slid to an all-time low of 96.1350 per US dollar intraday on Friday, as oil prices hovered near $110 a barrel and intensified pressures on the world’s third-biggest crude importer. It later ended the session at 95.9650, down 1.5% for the week and marking a more than 6% decline ... Read full article.

India's fuel prices rose again as the government announced a Rs 3 per litre hike in petrol and diesel across the country. The move ends a stretch of price stability even as global energy costs creep higher, affecting daily budgets for households and businesses. In Delhi, petrol climbed from Rs ... Read full article.

Which? has named Asda the cheapest supermarket for branded groceries for the third month running, when shoppers pay without loyalty cards. The analysis of 240 branded items shows Asda's standard prices totalled £795.21, beating Tesco and Sainsbury’s non-member baskets by around 15% and 17% ... Read full article.

Oil-marketing companies on Friday announced a ₹3 per litre hike for petrol and diesel across all variants, effective immediately. In Delhi, regular petrol now costs ₹97.77 per litre while diesel is priced at ₹90.67, marking another round of higher fuel costs for daily commuters. CNG in the national ... Read full article.

RBI Governor Sanjay Malhotra warned that petrol and diesel prices could rise if the West Asia conflict between the US-Israel side and Iran drags on. He said the central bank would study data and could pass on some price increases if the price shock deepens. The warning comes as Prime Minister ... Read full article.

Hyderabad-based Dr Reddy's Laboratories reported a weaker-than-expected March quarter, with North America sales contracting and g-Revlimid-related adjustments denting EBITDA and net profit. The results underscored earnings and margin pressures, even as the company kept its longer-term growth story ... Read full article.