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India bars sugar exports until September
India, one of the world’s largest sugar producers, has banned exports of the key commodity until the end of September to ensure enough domestic supplies and prevent prices from rising. The government prohibited exports “with immediate effect”, according to an order issued late on Wednesday, other than limited exceptions, including consignments already in the pipeline. Exports under government deals for food security with other countries would also be allowed, the order said. The ban will stay in...
Why gold, silver duty hike to 15% is unlikely to hit demand for precious metals
The move to up the gold import duty comes days after PM Narendra Modi appeals to citizens to avoid unnecessary gold purchases for a year. But is a hike in duties an effective way to curb consumption? We take a look:
India asks US for waiver on Russian oil as Iran war squeezes energy supply: Report
India has requested the US to extend its waiver on Russian oil imports due to ongoing disruptions in the Strait of Hormuz. This waiver, crucial for stabilizing oil markets, is set to expire on May 16. Despite US pressure to reduce discounted Russian oil purchases, India prioritizes stable energy supplies, warning of economic consequences from market volatility.
India Considers Reducing Taxes on Bond Investments by Foreigners
India is considering a significant reduction in the taxes paid by foreign investors on the nation’s bonds as authorities seek to align policies with global norms and attract inflows, according to people with knowledge of the matter.
UK GDP rises 0.6% in first three months of 2026 despite Iran war
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Nvidia Partner Hon Hai Profit Jumps After AI Fuels Server Sales
Nvidia Corp.’s major server assembly partner Hon Hai Precision Industry Co. reported a stronger-than-expected increase in quarterly profit, highlighting sustained spending on hardware essential for AI.
UK economy records strongest quarterly growth in a year
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Burberry’s Turnaround Boosted by Strong Demand for Scarves
Burberry Group Plc’s sales rose more than expected at the end of the fiscal year, indicating the turnaround under Chief Executive Joshua Schulman is paying off with a focus on its signature scarves and trench coats.
Martin Lewis warns people could be leaving pensions ‘to your ex’ by mistake
Martin Lewis urged people to make one vital check
Economy grows by 0.6 per cent in first three months of the year, official figures show
Economy grows by 0.6 per cent in first three months of the year, official figures showBy MARK DUELL, DEPUTY CHIEF REPORTER (DIGITAL) Published: 07:04, 14 May 2026 | Updated: 07:04, 14 May 2026 e-mail View comments
BRICS meet begins in India as Iran war, oil prices and divisions test its unity - Emirates 24|7
BRICS meet begins in India as Iran war, oil prices and divisions test its unity Emirates 24|7
UK economy records surprise 0.3% growth in first month of the Iran war
GDP reading ties in with some surveys suggesting UK plc has kept up momentum despite rising fuel costsThe UK economy unexpectedly grew during the first full month of the Iran war, according to official figures, suggesting the Middle East conflict has not yet affected growth as much as feared.Figures from the Office for National Statistics (ONS) showed growth of 0.3% in gross domestic product (GDP) in March, from a revised 0.4% rise in February and a 0% growth in January. This was significantly b...
‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again
As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrousA rise in borrowing costs and warnings to avoid a “Liz Truss moment”. As Keir Starmer faces a potential leadership challenge, the spectre of the bond market looms large.Amid febrile conditions in Westminster, the prospect of Britain switching prime ministers for a sixth time in seven years has fuelled a sharp sell-off in the market for UK government...
Manipal Hospitals Said to Start Marketing $1 Billion IPO Soon
Manipal Health Enterprises Pvt., which runs the Manipal Hospitals chain, is set to begin formal marketing as early as next week for its planned initial public offering to raise more than $1 billion, according to people familiar with the matter.
Price prediction: Will gold head to Rs 1.70 lakh/10 gms & silver hit Rs 3.4 lakh/kg?
Gold and silver price prediction today: According to Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group, both gold and silver prices are exhibiting a bullish bias this week.
Two India-Bound LPG Carriers Add to Uptick in Hormuz Transits
Two India-bound vessels laden with cooking fuel from the Persian Gulf appear to have transited the Strait of Hormuz, making them the latest to exit despite continued restrictions from the US and Iran.
Abu Dhabi’s L’imad Eyes $30 Billion Infra Push With Temasek, GIP
Abu Dhabi’s L’imad Holding is joining local and global partners in an investment venture targeting $30 billion of infrastructure projects, underscoring the central role the new sovereign wealth fund is likely to play in the emirate’s ambitions.
Chinese Stocks Fall as Markets Await Signals From Xi-Trump Talks
Chinese equities slipped as President Xi Jinping met with his US counterpart Donald Trump, with investors taking some profits after a recent tech-driven rally while waiting for clearer signals from the talks.
Clio’s $500M milestone arrives just as Anthropic ups the ante
While AI is now being applied to everything from healthcare to customer support, no single use case has yet been nearly as popular or lucrative as code writing. Jack Newton, co-founder and CEO of Clio, a Canadian law firm management software company, is convinced that legal tech is poised to be the next big winner of the LLMs era. That’s a self-interested claim — 18-year-old Clio is a legal tech company — but the numbers are hard to dismiss.
Amazon cuts more jobs after 30,000 layoffs; says it regularly reviews organisation to meet goals
Amazon continues its workforce reduction, now impacting its Selling Partner Services division after significant layoffs earlier this year. This move aligns with CEO Andy Jassy's focus on efficiency and cost discipline. Simultaneously, the e-commerce giant is heavily investing in AI, a strategy Jassy believes will drive substantial long-term growth and redefine customer experiences.