اقتصاد
18083 مقال
Rising costs, stagnating wages: Why workers are protesting in India
Noida and Manesar have seen protests over wages in recent days. At their core are delays in wage hikes and confusion over the new Labour Codes
As Mumbai launches two giant Tunnel Boring Machines, one lies abandoned 60 metres below Powai, and no one is coming for it
A German-made tunnel boring machine has been entombed in volcanic ash beneath the city since 2019. Here's why the BMC abandoned it, wrote off the cost, and started again.
Aussie truckies share urgent warning industry faces wipeout - and it will make life worse for EVERYONE
Aussie truckies share urgent warning industry faces wipeout - and it will make life worse for EVERYONETruckies fear they won't survive the next six monthsREAD MORE: Aussie state considers building its own fuel reserves By MATT JONES, SENIOR NEWS REPORTER, AUSTRALIA Published: 02:01, 15 April 2026 | Updated: 02:01, 15 April 2026 e-mail View comments
53 million tonnes output, 33% margins, 10x earnings: NMDC’s volume-price paradox
NMDC just delivered its best year ever, crossing 50 million tonnes of iron ore production. But falling prices, rising costs, and Rs 10,000+ crore stuck in receivables are keeping profits, and the stock, under pressure.
Oil mixed as Middle East supply uncertainty outweighs hopes for US-Iran talks
Oil prices were mixed on Wednesday with Brent futures up ‌and US futures down amid uncertainty over crude supply from the key Middle East producing region as the Strait of Hormuz remains mainly shut. Brent crude futures were up 40 cents, or 0.4%, to $95.19 a barrel at 0420 GMT, paring earlier losses of as much as 0.9%, after falling 4.6% in the previous session. US West Texas Intermediate crude was down 23 cents, or 0.3%, to $91.05. The contract earlier fell as much as 4.7% after droppin...
India has a chance to be Asia’s gateway for global capital
The core principle is simple: Do not tax the gateway. Benefits to India will come from the second-order effects — the jobs, the investments, the technology, the capital that flows through GIFT into Asia and the world
HSBC Private Bank Cuts India Stocks, Adds Gold on Iran War Risks
HSBC Private Bank and Premier Wealth has downgraded emerging Asian equities and slashed exposure to India, while raising allocations to gold, cash and hedge funds on Iran war risks and oil price shocks.
‘Digger’ Trailer at CinemaCon Shows Tom Cruise Transformed Into Insane, Cat-Loving Billionaire With a Big Belly, a Comb Over and a Thick Southern Accent
Tom Cruise ventured to CinemaCon to offer a deliciously demented first look at “Digger,” his new movie with director Alejandro González Iñárritu. “It took 40 years for me to be able to put on the boots of Digger Rockwell,” Cruise said before introducing the never-before-seen trailer. And this is definitely Cruise as you’ve never seen […]
Iran war promises green edge for Asia as plastic packaging runs short
SEOUL: An ‘eco-friendly’ range of paper tubes and pouches touted by Yonwoo, a South Korean maker of packaging for cosmetics, has reaped unexpected benefit from the Iran war, which has disrupted supplies of the plastic needed to turn out single-use wrapping. While the Iran conflict has sent plastic prices soaring to roughly four-year highs by choking off flows of the required raw materials, oil and petrochemicals, the company says it has fuelled inquiries threefold for paper-based o...
No money for you: Jim Chalmers is told NOT to give Aussies a handout in the next budget
No money for you: Jim Chalmers is told NOT to give Aussies a handout in the next budgetIMF warned Jim Chalmers against handoutsInternational Monetary Funds warned it would fuel inflationREAD MORE: Aussies slam Anthony Albanese over 'disgraceful' detailBy NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA and JACOB SHTEYMAN and GRACE CRIVELLARO FOR AUSTRALIAN ASSOCIATED PRESS Published: 01:24, 15 April 2026 | Updated: 01:24, 15 April 2026 e-mail View comments
Saudi Arabia announces $3bn additional support to Pakistan, extends $5bn deposit
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has announced that the Saudi Arabia has committed an additional $3 billion in deposits for Pakistan, with disbursement expected in the coming week, according to a statement issued by the Finance Ministry on Wednesday. He further stated that the existing $5 billion Saudi deposit would no longer remain subject to the earlier annual rollover arrangement and would instead be extended for a longer period. The finance min...
Pakistan to further ‘slash’ development budget to fund petrol subsidy
BusinessMust ReadPakistan to further 'slash' development budget to fund petrol subsidyBy Shoaib Nizami-Apr 15, 2026The Pakistan government has decided to create additional fiscal space for a petrol subsidy by further reducing the federal development budget, ARY News reported on Wednesday, citing sources. As per details shared with ARY News by sources familiar with the development an additional Rs63 billion cut has been approved, bringing the total reduction in the federal development b...
What happens next for your deliveries? Carriers reassess routes and insurance
Dubai: Cargo continues to move into the UAE, but the way it is moving has shifted since the conflict began, with shipping lines slowing or pausing bookings into the Arabian Gulf while they reassess risk, insurance costs and access conditions.Sign up for our daily business newsletter, Cheques & Balances.At Jebel Ali, operations have remained fully functional throughout, even as vessel calls and new bookings have thinned.Get updated faster and for FREE: Download the Gulf News app now - simply clic...
How Britain became a paradise for freeloaders: Cut-price treats for benefits claimants. Big discounts at gyms and swimming pools. And even holidays and travel are covered. MICHAEL SIMMONS' rage-inducing investigation
How Britain became a paradise for freeloaders: Cut-price treats for benefits claimants. Big discounts at gyms and swimming pools. And even holidays and travel are covered. MICHAEL SIMMONS’ rage-inducing investigationBy MICHAEL SIMMONS Published: 01:00, 15 April 2026 | Updated: 01:01, 15 April 2026 e-mail View comments
Oil prices drop: Brent at $95, WTI at $91 on hopes for Mideast peace deal — stocks rise
Oil prices tumbled early on Wednesday on rekindled hopes for a deal to end the Middle East war and reopen the Strait of Hormuz.Overnight on Tuesday, Wall Street's main indices climbed, with both the S&P 500 and the Nasdaq now back at levels from before the US and Israel began bombing Iran on February 28.European equity markets also rose, although London advanced only 0.3 percent as the retreat in Brent Crude to below $95 a barrel weighed on the shares of energy majors BP and S...
Chevron executive suggests Americans should drive less amid high gas prices
"People should try to drive less. They should try to conserve energies," Andy Walz told CBS News. "We should be doing that all the time. Energy's essential for people's lives, but we should conserve it."
Saudi Arabia pledges $3b additional support, extends $5b deposit: Finance Minister
The Kingdom of Saudi Arabia on Wednesday pledged $3 billion in deposits, with disbursement expected in the coming week, and the existing $5 billion Saudi deposit will no longer be subject to the previous annual rollover arrangement but will instead be extended for a longer period, the Ministry of Finance said. According to a press release, Finance Minister Aurangzeb made the announcement while speaking to the media in Washington, DC, on the sidelines of the World Bank–IMF Spring Meet...
Balochistan provides thresher fuel subsidy to farmers
PakistanBalochistan provides thresher fuel subsidy to farmersBy Web Desk-Apr 15, 2026QUETTA: Balochistan government has introduced agriculture relief package for farmers amid hike in fuel prices under the impact of regional tensions. Chief Minister Sarfaraz Bugti has said that initially subsidy has been transferred to the accounts of 3,102 farmers as the Thresher Fuel Subsidy Scheme has been formally launched. “In the next two to three days payments will be made to further 13,128 farmers”. Chief...
Chevron executive says consumers "should try to drive less" to save money on gas
Lilia Luciano traveled to Chevron's largest oil refinery on the Mississippi coast and spoke to Andy Walz, a president of the company, about what people at home can do to avoid high gas prices.
Spanberger signs bill ending tax breaks for Confederate groups
Virginia Gov. Abigail Spanberger (D) on Monday signed into law a bill eliminating tax exemptions for multiple organizations connected to the Confederacy.  Democrats in the Virginia House and Senate passed HB167 with vote totals of 62-35 and 21-17, respectively, earlier this year. The bill specifically removes the Virginia Division of the United Daughters of the…