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Iran War Squeezes India’s Gas Power Supply as Demand Hits Record
India’s gas power generation has plunged to the lowest level in at least six years, with the Iran war hitting fuel shipments, straining electricity supplies at a time when a scorching summer is pushing demand to record highs.
Italian Stocks Hit First Record in 26 Years Led by Energy, Chips
Italy’s benchmark equity index rose past its all-time closing high set in 2000, with a recent rally in energy and chip stocks supercharging it to record levels.
THE ECONOMICS OF PAKISTAN’S EIDUL AZHA
The animals arrive before the city wakes. By three in the morning, a few weeks before Eidul Azha, the livestock markets on the periphery of Karachi are already dense with noise and colour, the restless lowing of cattle from Sindh’s interior, the sharper bleating of goats driven down from Balochistan, the occasional camel standing in imperious silence while traders haggle beneath fluorescent lights. The men who have brought these animals have been travelling for days. They have fed these animals,...
‘AI job cuts could trigger a social calamity’: Pope Leo warns against unchecked automation
Pope Leo XIV has issued a stark warning about the rapid rise of artificial intelligence, cautioning that mass job losses caused by automation could become a “social calamity” if governments and corporations fail to act responsibly. In his first encyclical, Magnifica Humanitas (‘Magnificent Humanity’), released on Monday, the pope argued that while AI can help humanity by taking over dangerous and repetitive tasks, it must never be allowed to undermine human dignity or leave millions without mean...
Stock market: Which are the top gainers and losers on NSE & BSE today? Check list
Stock markets surged on Monday, with Sensex and Nifty crossing significant milestones. Easing West Asian tensions and falling crude oil prices fueled investor optimism, particularly after US President Trump indicated a deal with Iran was largely negotiated. Banking stocks led the rally, while global markets also saw gains.
Reform’s overtime tax scrap ‘fundamentally flawed’ despite ‘good intentions’, warns economist
An economist has warned that Reform’s plan to scrap tax on overtime pay is “fundamentally flawed”.Speaking to GB News, Julian Jessop said he could not find a single economics expert who would endorse the plan. Last week, Reform UK unveiled the £5billion tax break, dubbed the "hard work bonus," to eliminate tax on overtime for anyone earning below £75,000 annually who also works more than 40 hours per week.Nigel Farage said the measure would “restore the appeal of a strong work culture” across Br...
£325billion of dirty money flows through Britain every year as criminals funnel funds worth 10% of UK's GDP, report claims
£325billion of dirty money flows through Britain every year as criminals funnel funds worth 10% of UK's GDP, report claimsSee more Daily Mail on Google - save us as a Preferred SourceBy ARTHUR PARASHAR, SENIOR REPORTER Published: 12:23, 25 May 2026 | Updated: 12:23, 25 May 2026 e-mail View comments
Rise in shoplifting and theft in UK finds nine in 10 retailers in rural areas targeted
Research shows cost of crime for each affected business was on average £83,000 in past yearNine in 10 retailers based in rural locations have been victims of crime in the past 12 months, according to research, underlining the widespread impact of the rise in shoplifting and theft even in more remote parts of the UK.Rural retailers include farm shops as well as stores selling machinery and other equipment. The financial cost of crime for each affected retailer was on average £83,000 during the pa...
Gold price today: Yellow metal rises; check 24K, 22K city-wise rates
Gold prices surged on Monday, buoyed by global market optimism stemming from potential US-Iran peace talks. Retail rates in major Indian cities also climbed, with 22K, 24K, and 18K gold seeing gains. Analysts attribute this rise to a weaker US dollar and easing crude oil prices, signaling reduced inflationary fears and supporting precious metal markets.
New Lucknow and Kanpur expressway to drive property demand: Report
A new 63-km expressway connecting Lucknow and Kanpur is poised to invigorate real estate, particularly in peri-urban areas, by boosting connectivity and industrial movement. This strategically vital corridor, linking to the Ganga Expressway, is expected to spur demand for plotted developments and logistics parks. The project promises enhanced regional integration and economic growth.
Hundreds of tourists stranded mid-air after technical snag hits cable car in Gulmarg
Hundreds of tourists faced an unexpected halt at Gulmarg's famous Gondola cable car service due to a technical glitch on Monday. Officials confirmed that both phases of the popular attraction were suspended. Trained rescue teams from SDRF and NDRF safely evacuated all stranded visitors from the cabins. Restoration efforts are currently in progress.
Oil prices fall below $100 a barrel on hopes of Iran peace deal
Brent crude futures down 5.5% to lowest level in two weeks and stock markets riseOil prices have fallen below $100 a barrel and stock markets have risen on hopes that the US and Iran are inching closer to a peace deal.Brent crude futures, the global oil benchmark, were down 5.5% to just below $98 a barrel, the lowest levels in two weeks, with hopes that an agreement to end the US-Israeli war on Iran can be struck. Continue reading...
The BHP files: World’s biggest miner BHP backtracks on climate action with key projects put on ice, leaked documents reveal
Exclusive: Cache of internal documents leaked to the Guardian and the ABC’s Four Corners show multinational has war-gamed ways to massively delay decarbonisationRead more from the BHP files investigation hereGet our breaking news email, free app or daily news podcastThe world’s biggest miner has halted or delayed projects to cut vast amounts of emissions and has quietly war-gamed options to push major climate investments in its Western Australian iron ore operations into the next two decades, in...
BHP defies its own climate strategy to spend hundreds of millions on polluting diesel trucks in Pilbara
Exclusive: Mining giant says technology is not yet advanced enough to run a fully electrified fleet but experts say it is hooked on federal fuel tax creditsRead more from the BHP files investigation hereGet our breaking news email, free app or daily news podcastBHP has continued to spend hundreds of millions of dollars buying diesel trucks in the Pilbara despite internal documents suggesting it would increase emissions and be “misaligned” with its decarbonisation goals.The mining giant is Austra...
Zepto Said to Plan June Public Filing for $1 Billion India IPO
Rapid-commerce firm Zepto Ltd. is preparing to publicly file in the first half of June for an initial public offering that may raise up to $1 billion, according to people familiar with the matter.
'Dark transit': How Gulf producers keep energy shipments moving despite Hormuz closure
Amidst Middle East conflict, UAE and Qatar's oil giants are employing "dark transits," switching off transponders in the Strait of Hormuz to maintain energy exports. Adnoc and Qatar have adapted with controlled fleets and discreet navigation, including shuttle runs and ship-to-ship transfers, to ensure cargo movements despite geopolitical risks and limited broadcast data.
US and Iran inch closer to peace deal as Trump faces criticism from GOP hawks | First Thing
US president says he is not rushing into a deal after proposed plan to end war prompts Republican backlash. Plus, mood in Russia turns against PutinDon’t already get First Thing in your inbox? Sign up hereGood morning.Donald Trump defended himself against criticism from fellow Republicans yesterday as he appeared on the verge of agreeing a deal with Iran to end the war.What has Iran said? Foreign ministry spokesperson Esmail Baghaei has been speaking at a news briefing about the contours of a po...
Buying a home in NCR: How much it costs in Delhi, Gurugram and Noida
The National Capital Region is witnessing a dramatic spike in property prices. With the impending Jewar airport, Noida's real estate landscape is evolving into a high-end hub, where luxury properties are fetching premium rates. Meanwhile, Gurugram's realty scene is booming as revised circle rates elevate property values, particularly in emerging neighbourhoods. Meanwhile, Delhi is about to revise its circle rates for the first time since 2014.
'Prices Have Hit Unimaginable Levels': N Sitharaman Says Focus On Three 'Fs'
Sitharaman defended the Centre's handling of rising fuel prices, saying the government had already taken a major revenue hit to shield consumers.
Metro Bank investors urged to reject executive pay report
Bonus scheme that could hand CEO a £60m windfall is ‘significantly out of line’ with market, says proxy adviserInvestors in Metro Bank are being urged to vote against the lender’s pay report next month, in protest of a complex bonus scheme that shareholder advisers say is “significantly out of line” with market standards.Institutional Shareholder Services (ISS), which issues voting advice to some of the world’s biggest investors, made the recommendation weeks ahead of the bank’s annual meeting o...