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Can RBI shield rupee from further fall? Analysts expect up to $75 bn in fresh inflows
The Reserve Bank of India's recent monetary policy measures aim to bolster the rupee by attracting significant capital inflows, estimated between $40-75 billion. Despite rising inflation and revised growth forecasts, the Monetary Policy Committee is expected to maintain the repo rate at 5.25% with a neutral stance in August, prioritizing stability and external sector defense.
Netherlands moves to soothe rich investors over tax on paper profits
Most countries only impose levies once gains are realised
Consumer Fight Back
A new report says that 3 in 4 people are not saving enough for a moderate retirement.
The shadow fleet: How Iran keeps its oil flowing despite sanctions and war
Amidst Operation Epic Fury, a clandestine "shadow fleet" of aging tankers is enabling Iran and Russia to bypass sanctions and keep oil flowing. This hidden maritime network, utilizing deceptive tactics like disabled trackers and ship-to-ship transfers, allows sanctioned economies to earn billions, posing a significant challenge to global enforcement efforts and creating environmental risks.
Burnham vows to cut the price of a pint as he turns on Labour tax rises
Andy Burnham has launched a major policy intervention of the Makerfield by-election campaign with a pledge to cut business rates for pubs and ease the tax burden on small businesses, marking a clear break with Keir Starmer’s government. The Greater Manchester mayor said Labour had “got it wrong” on small businesses as he unveiled plans to cut business rates for pubs, clubs and music venues by a further 20 per cent and remove thousands of smaller firms from the rates system altogether. “I am...
Fish and chip shops forced to replace cod with low-price fish - no-one wants to eat them
Fish and chip shops forced to replace cod with low-price fish - no-one wants to eat themFish and chip shops are replacing the beloved cod with a lesser fish for a lower price, but nobody wants to order it according to shop owners Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Ewan Gleadow 10:19, Sat, Jun 6, 2026 Updated: 10:30, Sat, Jun 6, 2026 Fish and chip shops are swapping out cod and customers are re...
Aviation industry looks skywards as leaders fly in for Rio summit
Oil tankers may be stuck behind strait of Hormuz, but holding the Iata AGM in Brazil defies warnings of impending shortagesNothing says jet fuel crisis, as one prospective attender put it, like flying everyone to Rio de Janeiro. Aviation leaders will converge in Brazil this weekend for the Iata AGM, the annual global airline summit, with the industry still, for the most part, looking resolutely skyward.The oil tankers may still be stuck behind the strait of Hormuz as the conflict between the US,...
PM Modi Chairs Key Economic Advisory Council Meeting Amid Iran War
The prime minister and the EAC-PM members discussed various ideas and measures to further boost India's economic growth in times of global turmoil
American billionaire Mark Cuban graduates: Start your job search with small companies
Mark Cuban advises recent graduates to prioritize small businesses for their careers, highlighting their significant role in job creation. He asserts that AI will empower these smaller firms to compete more effectively with larger corporations, leading to an increased percentage of new jobs originating from them annually.
PM Modi chairs EAC meeting, discusses measures to boost India’s economic growth
Prime Minister Narendra Modi met with the Economic Advisory Council to discuss strengthening India's economic growth amidst global uncertainty. The Reserve Bank of India kept the repo rate unchanged at 5.25%, citing geopolitical tensions and inflation concerns, while revising GDP growth and inflation projections downwards and upwards respectively for FY2026-27.
UK shipbuilding company plunges into administration - owes £15m
UK shipbuilding company plunges into administration - owes £15mA UK shipbuilding company has plunged into administration with creditors owed a total of £15million by the business. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Ewan Gleadow 09:23, Sat, Jun 6, 2026 Updated: 09:31, Sat, Jun 6, 2026 A shipping company has been plunged into administration (Image: Getty)A shipping company has plunged into admin...
Accenture CEO Julie Sweet on one of the most-important lessons her dad taught her
Accenture CEO Julie Sweet revealed her father's advice after losing a speech contest shaped her career: 'You have to be so much better than everyone else, that they must pick you.' This lesson in merit, preparation, and self-belief, shared with Pfizer CEO Albert Bourla, continues to influence her ambition. Bourla echoed this sentiment, emphasizing the danger of aiming too low.
Martin Lewis warns women aged 41-90 could be owed thousands by HMRC
Personal finance guru said women who took time off work to care for children between 1978 and 2010 should check if they are owed thousands of pounds
Major high street chain with 451 stores to shut branch in UK town centre
Major high street chain with 451 stores to shut branch in UK town centreA major UK high street chain is shutting one of its 451 stores in a town centre after a branch rescue deal was struck just last year. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Ewan Gleadow 08:21, Sat, Jun 6, 2026 Updated: 08:33, Sat, Jun 6, 2026 A TG Jones will shutter its high street location today (file) (Image: Getty)A UK high...
UK homebuilder plunges into liquidation - in business since 2021
UK homebuilder plunges into liquidation - in business since 2021The business provided services such as building homes and constructing commercial properties. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Kris Boratyn, Audience Writer 08:01, Sat, Jun 6, 2026 Updated: 08:08, Sat, Jun 6, 2026 A UK homebuilder has plunged into liquidation just five years after it was set up (Image: Getty)A UK homebuilder has...
Advice service demand rises amid housing crisis
Citizens Advice Guernsey says housing and cost of living pressures have increased demand.
‘I’m down to one option’: bank customers left frustrated by latest closures
Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street servicesWith its windows blanked out, a poster pinned to the door of the Staines branch of Lloyds Bank tells its customers they can do their “everyday banking with our mobile banking app”.But not today. On Wednesday, when the Guardian visited Staines, they wouldn’t have got very far because the Lloyds group was battling an IT outage that left thousands of its customers unable to make payment...
India's stock market mania hits milestone: NSE logs 26 cr trading accounts and counting
India's investor base has reached a new peak with over 26 crore unique trading accounts on the NSE. The exchange added the latest crore accounts in under four months, highlighting rapid growth beyond major financial hubs. This surge is fueled by digitalization, simpler KYC, and positive market performance, with individual investors now holding a significant market share.
Morrisons confirms first 7 UK store closures with 93 more on way
Morrisons confirms first 7 UK store closures with 93 more on wayThe supermarket giant recently revealed plans to close dozens of Morrisons Daily branches. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Chris Samuel 06:02, Sat, Jun 6, 2026 Illustrative image of a Morrisons sign (Image: Getty)Morrisons has confirmed the locations of seven convenience stores among around 100 expected to close permanently. Th...
The NHS pension is gold-plated – but I’m sacrificing it to pay my bills
Nobody would ever turn down extra pay. But what if you had to pay something yourself to get that extra pay? And what what if you didn’t get it until some far-flung date in the future? This was the predicament Ekene Okey-Udah found herself facing when she was trying to save money for her wedding and put money aside for a house deposit. The NHS doctor, 32, told The i Paper she felt she had no choice but to pause her pension payments as a temporary measure so she could receive extra cash in her...
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