اقتصاد
20509 مقال
DWP confirms Universal Credit deadline reprieve for vulnerable claimants
The Department for Work and Pensions (DWP) has issued fresh guidance on the transition to Universal Credit, with more than 360,000 people yet to make the switch ahead of a key June 30 deadline.Government figures show that 2,353,319 people across 1,822,374 households received migration notices between July 2022 and the end of March 2026.Of those contacted, 1,992,161 individuals have submitted claims for Universal Credit, leaving around 361,000 who have not yet taken action.Social Security Ministe...
India's urban housing demand set for a major boost - here's what's driving it
India's urban landscape is poised for a major transformation, driven by rapid urbanization and policy reforms. A KPMG report highlights the critical role of housing and urban planning in achieving "Viksit Bharat 2047." Key focus areas include expanding affordable housing for lower-income groups and developing a structured rental housing market. The report advocates for streamlined approvals, improved infrastructure, and enhanced regulatory coordination to ensure sustainable urban growth and prot...
Costs Rising, Karnataka Bus Fare Hike Proposal Back On Table: Sources
Sources said the recent 12.5% salary hike for employees is expected to impose an additional financial burden of Rs 873.64 crore on the transport corporations.
Money Box
Civil service pensioners face further delays to payments.
Money Box
Civil service pensioners face further delays to payments.
Tamil Nadu Stops Use Of Temple Funds For Marriage Halls, Commercial Complexes
Sanction has been revoked for 29 marriage hall projects worth Rs 115.77 crore and 17 commercial complex projects worth Rs 130.08 crore.
China's economy struggles to regain domestic momentum despite export boom: Report
Despite strong export growth, China's domestic economy faces significant challenges. Consumer spending saw a decline in May, with retail sales falling for the first time since late 2022. Consumer confidence remains low, and credit demand is weak, indicating reluctance from businesses and households to borrow. The property sector continues to struggle, though some major cities show signs of stabilization. Semiconductor exports, however, are a notable bright spot, surging significantly.
Amazon made one of its most lucrative bets in its history
Amazon's $8 billion investment in AI firm Anthropic has yielded spectacular returns, with its stake now valued at a staggering $74.2 billion. This surge reflects Anthropic's rapid valuation growth, surpassing rivals. The partnership also benefits Amazon through AWS services and AI chip sales, with further significant investments planned, solidifying a powerful alliance in the AI landscape.
A $60 billion windfall? How US-Iran deal could revive Tehran's oil industry
The easing of restrictions to roll back a sanctions regime that was built over more than a decade to isolate Iran economically and curb its nuclear ambitions. The move could allow Tehran to expand sales to a wider pool of buyers after years of relying largely on discounted shipments through opaque trading networks, primarily to independent refiners in China.
Middle East conflict pushes India to rethink LPG imports as OMCs absorbed price shocks
India significantly diversified its LPG imports, tapping the US, Iran, and other nations to reduce Middle East dependence amid regional crisis. While state-run retailers absorbed price hikes, domestic consumption dipped due to tighter supplies and rising costs. The move, though ensuring continuity, highlighted ongoing import reliance and the need for a broader sourcing strategy to mitigate future geopolitical risks and market volatility.
Gas cost calculator: How much have higher gas prices cost you?
Data GraphicsGas cost calculator: How much more have you paid at the pump since February?Added gas expenses have cost Americans more than $30 billion, according to one analysis.A sign displays fuel prices at a Mobil gas station in San Diego on May 4. California gas prices are the highest in the U.S., but they have increased less since the war in Iran began than in most states.Ariana Drehsler / Bloomberg via Getty ImagesShareAdd NBC News to GoogleJune 20, 2026, 5:00 AM EDTBy Ashley MowreaderAfter...
One of Canada's biggest bank, tells some employees what led to almost 'staff revolt' in Meta
Toronto-Dominion Bank is reportedly implementing software to monitor employee activity on work applications, sparking privacy concerns. Similar to Meta's recent initiative, the bank claims the tool, WorkiQ, aims to identify workflow inefficiencies and operational bottlenecks, not to spy on content. Employees are questioning its use in performance evaluations and seeking clarity on consent, while TD assures privacy safeguards are in place.
PwC's global chairman Mohamed Kande doesn’t believe companies adopting AI are laying off
PwC global chairman Mohamed Kande says companies adopting AI are hiring more workers, not fewer, telling CNBC's Squawk Box at VivaTech that embracing the technology demands bigger teams. He argues AI hands employees "superpowers," making soft skills like judgment and EQ vital. But PwC's 2026 Jobs Barometer reveals a catch: entry-level roles are flatlining and being "seniorised", squeezing young workers out of the AI-driven labour market.
Tourist dies in Dominican Republic luxury resort fire
Tourist dies in Dominican Republic luxury resort fire32 minutes agoShareSaveAdd as preferred on GoogleReutersDrone footage shows the extent of the fire at the resort on the Caribbean coastA huge fire at a luxury beach resort in the Dominican Republic killed one woman and forced nearly 1,700 guests to be evacuated on Friday.In a statement to local media, the DAEH emergency services said that a 46-year-old Italian tourist died, three people were taken to medical facilities and six others were trea...
Govt offers 20pc returns to woo buyers
ISLAMABAD: Pakistan will offer a lucrative 18-20 per cent return, along with complete freedom for investors to buy and sell electricity in a competitive market, as it targets the privatisation of three of the most viable distribution companies (Discos) in October, November and December. “We will provide in the transaction structure terms and conditions that protect consumer interests but also ensure investor comfort. We will do it upfront as part of transaction structure, before bidding (of the...
National Lottery jackpot winner risks missing out on £12milllion prize
A National Lottery jackpot winner risks missing out on a multi-million pound prize.It can now be revealed the winning ticket was purchased in Rhondda Cynon Taf, a county borough in South Wales on June 6.The winning ticket was purchased in a retailer for the Lotto Must Be Won draw, and matched all six numbers - 08, 10, 26, 30, 35 and 42.Now anyone who had bought a ticket in the area is encouraged to check their tickets, with the lucky ticket-holder having until December 3 of this year to claim th...
Fox News AI Newsletter: Bezos predicts labor shortage
IN TODAY’S NEWSLETTER:- Jeff Bezos predicts AI will create a labor shortage, not replace human workers across the economy- OpenAI faces multistate investigation into data handling and chatbot behavior- AI-designed 'universal vaccine' passes first human clinical trial, could prevent future pandemicsWORK IN PROGRESS: Amazon founder Jeff Bezos said the rise of artificial intelligence (AI) won't lead to the replacement of humans in the workforce and will instead create labor shortages.UNDER SCRUTINY...
Burnham will break fiscal rules to borrow, banks warn
Burnham will break fiscal rules to borrow, banks warn
O'Leary extends Ryanair contract in deal that could net him over £130m
O'Leary extends Ryanair contract in deal that could net him over £130mImage source, PA MediaImage caption, Since Michael O'Leary became Ryanair chief executive in 1994, it has grown from a relatively small regional airline into Europe's largest low-cost carrierByRoss McKeeBBC News NIPublished19 June 2026Ryanair boss Michael O'Leary has extended his contract to 2032, in a deal featuring a bonus scheme that could earn him more than €150m (£130m).Since becoming chief executive in 1994, Ryanair has...
O'Leary extends Ryanair contract in deal that could net him over £130m
O'Leary extends Ryanair contract in deal that could net him over £130m14 minutes agoShareSaveAdd as preferred on GoogleRoss McKeeBBC News NIPA MediaSince Michael O'Leary became Ryanair chief executive in 1994, it has grown from a relatively small regional airline into Europe's largest low-cost carrierRyanair boss Michael O'Leary has extended his contract to 2032, in a deal featuring a bonus scheme that could earn him more than €150m (£130m).Since becoming chief executive in 1994, Ryanair has gro...