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Ten years on, Brexit's economic impact is becoming clearer
Ten years on, Brexit's economic impact is becoming clearerPublished1 minute agoByFaisal IslamEconomics editorNot long after the UK left the EU in 2020, a Bristol-based firm called Eskimo started selling a new kind of high-fashion and energy-efficient electric radiator, based on new technology developed by academics in the city.They planned to send them around Europe using the Channel Tunnel.It was a timely product given Europe's green ambitions, and with orders flowing, its Birmingham factory wa...
The economic challenges facing the next prime minister
The economic challenges facing the next prime ministerImage source, Getty ImagesByDharshini DavidDeputy economics editorPublished1 minute agoWe've had six prime ministers in a decade and it looks increasingly likely that Andy Burnham will be the seventh. But whoever is in charge, they face the same challenges. That's because what has underpinned political instability over recent years has been, to a great extent, the economy.Lack of job opportunities, lack of improvement in living standards, and...
Weakening UK net zero policy would damage economy, chief climate adviser says
Climate Change Committee chair Nigel Topping says U-turns damage investor confidence and disrupt businessesWeakening the UK’s net zero policy would disrupt business and damage the economy, the UK’s chief climate adviser has warned.Nigel Topping, chair of the Climate Change Committee (CCC), said: “The U-turns are really damaging to inward investor confidence. If we really want to grow the economy, then investing and getting good at building stuff is essential.” Continue reading...
'India needs speed, not just ease of doing business'
NEW DELHI: India must move beyond ease of doing business and focus on the speed of doing business to accelerate growth and attract global capital, Confederation of Indian Industry (CII) president and Tata Chemicals managing director R Mukundan said. In an interaction with TOI, he also called for faster approvals, reduced litigation and more predictable policymaking.
Infosys sees $300-400billion AI opportunity by 2030
BENGALURU: Infosys sees a $300-$400 billion opportunity in AI-led services by 2030 and believes the technology will amplify, rather than diminish, the role of IT services companies, chairman Nandan Nilekani said on Tuesday.
Q-commerce growth: Flipkart, Amazon bet on large base
MUMBAI: E-commerce arch-rivals Flipkart and Amazon are on an expansion spree of sorts-they are aggressively ramping up the count of fulfilment centres to gain market share in quick deliveries, a segment they have been late to enter, ceding most of the space to Eternal's Blinkit, Swiggy's Instamart and IPO-bound Zepto.
Overseas branches can lend to NRIs for deposits in India
MUMBAI: Reserve Bank of India has opened the floodgates for foreign capital, allowing Indian banks to route money from overseas branches to non-resident Indians for deposits back home under a revamped FCNR(B) scheme, while also removing key currency and credit risks to spur inflows.
Congress passes the largest housing affordability bill in decades
An expansive bipartisan bill intended to bring down the cost of housing by boosting the supply of homes has passed both houses of Congress, and is headed to the president's desk for a signature.(Image credit: Tony Gutierrez)
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Luis von Ahn co-founded the #1 language app after selling reCAPTCHA to Google
India prepares contingency plans due to weak monsoon season
Monsoon rains so far have been 43 percent below average, which is expected to impact India's crops.
عشاق المال: تعرف على أصغر 10 مليارديرات في 2026 ونجاحاتهم المدهشة!
في عام 2026، تصدرت مجموعة من الشباب قائمة المليارديرات بأرقام صادمة. اكتشف قصص نجاحهم المثيرة وما الذي يجعلهم يتفوقون على الأجيال السابقة!
Meet the Game Changers: Top 10 Youngest Billionaires of 2026 Who Are Redefining Success
Discover the incredible journeys of the youngest billionaires of 2026, whose inspiring stories and groundbreaking ventures are rewriting the rules of wealth. From tech innovators to sustainability champions, these young moguls are making waves and amassing fortunes that will leave you amazed!
Bank of India wins Rs 100 crore case against Nirav Modi
LONDON: A London high court judge ruled in Bank of India's favour on Tuesday, holding that fugitive diamond businessman Nirav Modi does owe the public sector bank over $10.7 million (a little over Rs 100 crore).
Fuel Ready, But Not Pumps: The E100 Challenge
Ethanol production capacity has expanded to nearly 2,000 crore litres annually, exceeding the requirements of the E20 programme.
Meta halts worker tracking for AI training due to privacy fears
Meta halts worker tracking for AI training due to privacy fearsImage source, ReutersImage caption, Meta CEO Mark Zuckerberg.ByKali HaysTechnology reporterPublished7 minutes agoMeta has paused a new company-wide program of tracking its employees' computer usage which has been plagued by internal frustration.The program was started only two months ago as part of an effort by Meta to gather data on how people used computers, including mouse clicks and keystrokes, that could be used to train artific...
Tech stocks tumble on concerns over AI spending
Tech stocks tumble on concerns over AI spendingImage source, Getty ImagesImage caption, Traders work after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 17, 2026.ByFrancisco VelasquezBusiness reporterPublished1 minute agoFinancial markets received a sharp wake-up call on Tuesday following a sudden wave of selling in major technology shares, triggering widespread doubt over the sustainability of the AI boom. T...
HMRC announces 22% tax on cash interest held in stocks and shares Isas
Treasury also promises new first-time buyer Isa with no upper age limit reflecting ‘age at which a first home is bought is rising’Isa reforms announced on Tuesday promise a new first-time buyer account with no upper age limit, and a tax on interest on cash savings held in a stocks and shares wrapper.Savers and investors can currently hold up to £20,000 a year in Isas, which offer the chance to earn returns which are not subject to tax. Continue reading...
Missile strike kills three in Ukraine as Russia feels war’s economic strain
Kyiv has previously accused Moscow of using cluster munitions, which, when dropped, scatter into smaller munitions.
The $3.7bn man: Inside one of US’s biggest Medicare frauds
US businessman has been arrested in Turkiye after a year on the run from authorities.
Explained: Why Petrol Prices in India Don't Follow Crude's Trajectory
Crude oil prices that shot up amid the Middle East war has started to return to their pre-war levels.