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Is India's gold loan boom quietly building a default risk?

Is Indias gold loan boom quietly building a default risk

Aegon offloads 200-year-old UK business to Standard Life for £2bn

Deal will create pensions and savings group with 16m customers and £480bn of assets, while Aegon focuses on USThe Dutch financial services group Aegon has struck a £2bn deal to sell off its almost 200-year-old UK arm to Standard Life, as part of a US push in which the group will be rebranded as Transamerica.Standard Life, previously known as Phoenix Group, said the deal to buy Aegon UK will create a pensions and savings group with 16 million customers and £480bn of assets under administration. C...

Australia’s richest person ordered to share mining royalties after decade-long dispute

NewsWorldAustralasiaAustralia’s richest person ordered to share mining royalties after decade-long disputeGina Rinehart told to pay descendants of her late father’s business partnerStuti Mishra Wednesday 15 April 2026 10:21 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId...

Iranian Oil Arrives in India Just Ahead of US Waiver Expiry

Around 4 million barrels of Iranian oil have arrived in India, marking the first such imports in seven years as the South Asian nation races to secure volumes before a grace period granted by Washington expires at the weekend.

Built for the long term: Why the UAE continues to inspire investor confidence

When I reflect on Dubai’s trajectory, I’m reminded of a truth that has shaped my own career: endurance matters more than speed. Sustainable progress – not short bursts of momentum – is what builds lasting success. And no city demonstrates that philosophy more clearly than Dubai.Even during periods that traditionally soften activity, the market continues to move with remarkable steadiness. During Ramadan 2026, a season when real estate typically cools, the city still recorded 15,196 transactions...

Rice Prices in Asia Soar as Iran War Fallout Threatens Supply

Rice prices surged the most in more than two years on concerns about the supply outlook after the cost of fuel and fertilizer jumped due to the Iran war, prompting some Thai farmers to leave their crop in the ground.

South Korea Secures Extra Oil, Naphtha For Non-Hormuz Delivery

South Korea has secured hundreds of millions of barrels of crude oil plus fresh naphtha supplies from Kazakhstan, Oman, and Saudi Arabia, to be delivered by routes avoiding the blockaded Strait of Hormuz, the president’s chief of staff said.

नोएडा में 16 हजार से ज्यादा सैलरी देने लगी कंपनियां, कर्मचारियों को दी जा रही हर जानकारी

It's Tax Day. Here's how big the average tax refund is in 2026.

MoneyWatch It's Tax Day. Here's how big the average tax refund is in 2026. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham April 15, 2026 / 5:00 AM EDT / CBS News Add CBS News on Google As another Ta...

Saudi Arabia pledges $3 billion in aid to Pakistan

The assistance comes as the South Asian nation faces pressure to repay $3.5 billion to the UAE Saudi Arabia has pledged $3 billion in financial aid to Pakistan, the South Asian country’s finance minister has said. Pakistani Finance Minister Muhammad Aurangzeb announced on Tuesday that Saudi Arabia has committed $3 billion in additional deposits, with disbursement expected in the coming week. He is currently in Washington attending the World Bank–IMF Spring Meetings 2026....

Iran war impact: Will Pakistan be forced into rationing fuel if conflict drags on?

Pakistan may resort to fuel rationing at petrol pumps if the US-Iran conflict escalates, finance minister Muhammad Aurangzeb warned. While currently managing demand through price adjustments and targeted subsidies, the government acknowledges this approach's limits. Disruptions to oil flows via the Strait of Hormuz, crucial for Pakistan's imports, have already caused significant price hikes and public unrest, forcing policy shifts.

Evergrande Liquidators Said to Pick State-Owned Tourism Firm for Exclusive Sale Talks

China Evergrande Group’s liquidators have selected Guangdong Provincial Tourism Holdings Co. to enter exclusive talks to acquire a majority stake in the developer’s property management unit, people familiar with the situation said, as they try to claw back some money from one of the country’s most significant corporate collapses.

UAE court awards Dh251,000 to ex-employee after dismissal

The Abu Dhabi labour court has ordered a company to pay Dh251,461 to a former employee who was dismissed after more than 13 years of continuous service without receiving his full entitlements.The Court of First Instance ruled in favour of the employee, who filed a case after first pursuing a complaint through the Ministry of Human Resources and Emiratisation.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The plaintiff said he had worked for the company since...

DA hike update: Central government staff to protest on April 16

DA hike update Central government staff to protest on April

Farmers owning under 12 acres eligible for new federal subsidy scheme

ISLAMABAD: The federal government on Wednesday announced a special subsidy programme for farmers to mitigate the adverse impact of the global energy crisis. According to an official announcement, farmers owning less than 12 acres of land will be eligible for the subsidy. Eligible farmers can register for three easy subsidy packages through the Pakistan Asaan Khidmat application. Farmers can enrol in the programme by uploading their personal and other relevant information, along with documentary...

Commerzbank CFO Says UniCredit Deal Would Not Create Value

Commerzbank AG Chief Financial Officer Carsten Schmitt said a takeover of the German lender by Italian rival UniCredit SpA could impede its ability to support the economy and wouldn’t create value for investors at this time.

Burj Al Arab restoration: Why Dubai’s iconic hotel still defines luxury globally

Dubai: As Dubai’s most recognisable hotel begins its first major restoration in more than 25 years, Jumeirah Burj Al Arab is entering a new chapter. Over the years, the hotel has become inseparable from Dubai itself.In messages sent to guests, Jumeirah confirmed that the refurbishment follows long-term planning after more than 25 years of continuous operation, marking the first major renewal of a property synonymous with Dubai’s global image.The hotel, owned by Jumeirah Group - a subsidiary...

Thames Water should go into administration, investor says

Thames Water should go into administration, investor says7 minutes agoShareSaveAdd as preferred on GoogleSimon JackBusiness editorReutersThames Water should be put into administration rather than "sleepwalking" into a deal that is bad for customers, according to a Hong Kong-based investor who wants to buy the business.Thames Water is set to run out of cash within 12 months without a rescue deal.A group of its existing lenders has offered to write off over 25% of its debt and inject bil...

Nvidia is giving stock bonuses worth up to 1 Cr to select India employees, here is why

Nvidia is giving stock bonuses worth up to Cr to select India employees here is why

China’s State Grid Pledges $4.5 Billion for Pumped Hydro in 2026

China’s largest grid operator has pledged to spend 31 billion yuan ($4.5 billion) on pumped hydro storage this year, in support of the company’s plan to lift total capacity by more than 70% by the end of the decade.