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More measures on gold coming? Finance ministry asks banks for information on gold loans
In a move that may possibly be a sign of upcoming measures on gold, the finance ministry has directed bullion-importing banks to furnish detailed information on gold metal loans and loans backed by gold from 2023 onwards.
Nuclear weapons spending surges to record high of $119bn, report says
International Campaign to Abolish Nuclear Weapons says states spent an extra $16.8bn on their nuclear arsenals in 2025.
EU quota system ‘could kill Ukrainian steel industry’, boss says
Protectionist measures will deal blow to country’s budget as it defends itself against Russia, says Metinvest chiefNew EU limits on steel imports could destroy Ukraine’s industry and deal a big blow to the country’s budget as it defends itself against Russia, according to the head of its biggest steelmaker.Yuriy Ryzhenkov, the chief executive of Metinvest, said the new EU quota system due on 1 July could “kill the Ukrainian steel industry”. Continue reading...
David Lammy to roll out 'AI legal assistants' to tackle rising case backlog
David Lammy is set to introduce legal assistants powered by artificial intelligence to the courts in an attempt to tackle the backlog of cases.The Justice Secretary will announce the scheme at London Tech Week on Tuesday, making the case that AI will drive criminal justice system modernisation.Ministers have said the AI tool, to be rolled out to Crown Courts across the country, will help get legal cases moving faster, and first be trialled in controlled environments before a wider roll out, the...
Modinomics At 12: Chips And Charters
The government's stated roadmap of four plants operational by end-2026 aspires to put India among the world's top five chip ecosystems by 2029.
Rupee rebounds 20 paise to 95.41 against US dollar
The Indian rupee strengthened by 20 paise against the US dollar in early trade on Tuesday, opening at 95.47. This gain was attributed to easing oil prices, a weaker US dollar index, and a de-escalation of tensions between Israel and Iran. Domestic equity markets also traded higher, reflecting positive sentiment.
What is circle rate and how does it affect how much you pay for a new home?
Understanding a property's 'circle rate' is crucial for buyers in India. This government-set minimum value, also known as reckoner or guidance value, dictates stamp duty and registration charges, often exceeding the actual sale price. Location, property type, and infrastructure significantly influence these rates, impacting your final cost and negotiation power. Always verify the circle rate before purchasing.
SpiceJet's cash crunch deepens: Many pilots unpaid since March, airline seeks emergency loan
SpiceJet pilots and employees are still awaiting salaries owed since March, as the airline seeks an emergency government-backed loan. Internal messages reveal significant financial strain, with employees struggling to manage daily expenses. The airline acknowledges payment delays, attributing them to operational challenges and the Middle East crisis.
Not Bengaluru, Not IT: This City, Sector Lead India's Pay Hike Race
Engineering is expected to post average salary increments of 9.9% in FY27, making it the fastest-growing function. IT follows closely at 9.8%.
We’ve died and gone to volatility heaven
Plus non-dollar stablecoins
Gold falls to nearly 11-week low before recovering; check outlook for today
Gold price prediction today: Gold prices continue to be under pressure as crude oil prices remain high, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.Gold Performance:On June 8, spot gold extended its decline to $4268 -- lowest since March 23-- as Middle East tensions escalated yet again with Iran and Israel trading military strikes. Consequently, oil prices surged that further amplified rate hike concerns on inflation worries.
FIFA drops Somali World Cup referee after US denies him entry
Award-winning Somali referee, Omar Artan, has been removed from the World Cup roster after being denied entry into US
Budget blues
THE budget is upon us. A day after this piece appears in the paper, it will be presented in Parliament, we were told in a tweet by a government official. This, however, does not mean the two parties — the PPP and PML-N — have agreed on all matters financial. The meetings continue as they try and reach an agreement on what the provinces will contribute to the federation, other than the committed surpluses, which have become the norm for some years. Wagging tongues in Islamabad speak about many id...
Final blow for Barbeques Galore after rescue deal failed - with 62 stores to close and hundreds of Aussies to lose their jobs
Final blow for Barbeques Galore after rescue deal failed - with 62 stores to close and hundreds of Aussies to lose their jobsSee more Daily Mail on Google - save us as a Preferred SourceBy MAISY RAE Published: 05:27, 9 June 2026 | Updated: 05:31, 9 June 2026 e-mail View comments
Zepto's Rs 8,010 Crore IPO: Revenue, Losses Up, What Investors Must Know
Zepto IPO: The company's net loss narrowed to Rs 1,538.67 crore in the March quarter from Rs 1,831.91 crore a year earlier.
BP investors push for clarity over ousting of chair
Lack of detail on why Albert Manifold was fired sows doubts over culture overhaul
‘Picks and shovels’ companies profit from data centre scramble
Caterpillar and Hochtief among the once-staid industrial stocks lifted by the AI boom
Stock Market LIVE Updates, Sensex Today: Sensex Jumps 350 Points As Traders Assess Fragile Iran Ceasefire
Stock Market, Sensex, Share Market, Nifty LIVE Updates: Oil prices eased marginally after Israel and Iran signalled a pause in hostilities.
Commercial LPG crunch disrupts rail catering, IRCTC uses induction stoves
To maintain catering services across 1,400 trains serving around 1.7 million meals daily, the railway catering arm has begun preparing food inside Linke Hofmann Busch (LHB) pantry cars using electricity.
Buying a home? Check 10 hidden costs beyond advertised property price
Homebuyers often underestimate the true cost of purchasing a property. Beyond the sticker price, expect significant expenses like stamp duty, registration, parking, and property taxes. Don't forget moving, maintenance deposits, loan fees, and potential GST on under-construction homes. Interior work and brokerage fees also add up, making thorough budgeting crucial.