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Aurangzeb terms Asaan Tax scheme for traders a ‘paradigm shift’

Finance Minister Muhammad Aurangzeb on Tuesday termed the launch of the Asaan Tax scheme for traders a “paradigm shift”, adding that the government had to start somewhere in its efforts to widen the tax net. In an interview on Geo News programme ‘Capital Talk’, Aurangzeb said: “We kept the tax rate at 1pc for traders because we have to start somewhere. However, it is part of a broader framework to expand the tax net, and we are moving in the right direction.” The finance minister elaborated that...

Struggling Pizza Hut chain to be sold for $2.7bn

Struggling Pizza Hut chain to be sold for $2.7bn 9 minutes agoShareSaveAdd as preferred on GoogleFrancisco VelasquezBusiness reporterGetty ImagesYum! Brands is selling its struggling Pizza Hut chain in a deal worth $2.7bn (£2bn), the company has announced.Private equity firm LongRange Capital will acquire the brand outside of mainland China for $1.5bn, while Yum China Holdings will buy the mainland China operations for $1.2bn. "Under LongRange and Yum China, Pizza Hut will be well positioned for...

Rupee snaps two-day rally, settles 2 paise lower at 94.60 against US dollar

The rupee dipped slightly to 94.60 against the dollar on Tuesday, ending a two-day gain. Despite falling crude oil prices and hopes for a US-Iran peace deal, foreign investors selling Indian equities pressured the currency. Analysts anticipate a near-term downward trend for the rupee, with support from easing oil prices.

US used Iran-style covert transfers to move 90 million barrels of oil out of Gulf: Report

The U.S. has reportedly established a covert offshore oil-transfer network near the Strait of Hormuz, mirroring Iran's tactics to maintain Gulf crude exports. This operation, involving ship-to-ship transfers off Oman and the UAE, aims to circumvent Tehran's blockade of the vital waterway. While enabling continued exports, the network's reliance on clandestine methods raises concerns about its vulnerability and the U.S.

Row Over Omelettes, Boiled Eggs In Vegetarian Canteen Of Ahmedabad College

The issue escalated when students observed omelettes and boiled eggs being prepared on site

US stocks today: Dow hits record high as easing oil prices boost Wall Street

Indian markets mirrored global optimism as US stocks neared record highs, fueled by falling oil prices and hopes for a US-Iran peace deal. SpaceX's impressive market debut and gains in financial and chip stocks also boosted investor confidence. All eyes are now on the Federal Reserve's upcoming policy decision and guidance from its new chair.

SpaceX soars past Amazon in market value after IPO frenzy; options trading begins

SpaceX shares soared over 14% Tuesday, briefly surpassing Amazon and nearing Microsoft's valuation, reaching $2.85 trillion. Investor excitement surged with new options trading, despite analysts warning of extreme volatility and questioning the lofty valuation. The company also plans a $60 billion acquisition.

World's richest people add $336billion to their fortunes in ONE DAY

World's richest people add $336billion to their fortunes in ONE DAYSee more Daily Mail on Google - save us as a Preferred SourceBy OLIVIA ALLHUSEN, FOREIGN NEWS REPORTER Published: 16:05, 16 June 2026 | Updated: 16:06, 16 June 2026 e-mail View comments

عندما يصبح المال هو الفارق: 120 مليون يورو تفصل بين عملاقي الدوري الإسباني

Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet

Governor Michele Bullock delivers a strong message after the Reserve Bank holds the cash rate at 4.35%, ending a run of three risesRBA interest rates: Reserve Bank holds official cash rate at 4.35%Get our breaking news email, free app or daily news podcastIt will take more than a ceasefire in the Middle East to prevent the Reserve Bank from hiking interest rates again.That was the strong message from the RBA governor, Michele Bullock, after the central bank held its cash rate at 4.35%, putting a...

One Nation’s health policies based on misconceptions and may cost the taxpayer, experts warn

Former Howard-era adviser says Pauline Hanson’s party is channelling Donald Trump’s health agendaGet our breaking news email, free app or daily news podcastMedical experts have blasted One Nation’s health policies, saying they do not make sense, are based on misconceptions and could cost taxpayers more money while leaving vulnerable Australians without access to care.The party has promised to withdraw Australia from the World Health Organization and to scrap regulator the Therapeutic Goods Admin...

Dow hits record high as oil drops and SpaceX surges in US markets - Emirates 24|7

Dow hits record high as oil drops and SpaceX surges in US markets  Emirates 24|7

Stock market: Which are top 10 gainers and losers on NSE & BSE today? Check list

Indian equities surged for a third day, with Sensex and Nifty climbing on positive global cues, foreign investment, and easing crude oil prices following a reported US-Iran peace deal. IT stocks led the gains, with HCL Tech announcing a significant investment. Broader markets also participated in the rally, reflecting widespread optimism.

For The Right Consumer Brands, The Exit Window Is Opening Again

BusinessRetailFor The Right Consumer Brands, The Exit Window Is Opening AgainByRichard Kestenbaum,Contributor.Forbes contributors publish independent expert analyses and insights. I do mergers & acquisitions in retail/consumer and write about trends.Follow AuthorJun 16, 2026, 10:35am EDTSummaryThe market for selling consumer brands, long stagnant due to cautious buyers and a shift away from "growth-at-any-price" investing, is finally reopening. This exit window is highly selective, favoring comp...

What A Nonprofit Bankruptcy Taught Me About Mission Resilience

BusinessWhat A Nonprofit Bankruptcy Taught Me About Mission ResilienceByRyan Dewey Smith,Forbes Books Author.for Forbes BooksAUTHOR POSTExpertise and opinions of authors published by ForbesBooks. Imprint operated under license. | Paid ProgramJun 16, 2026, 10:20am EDTNonprofits sometimes need a new, robust strategy and organizational rethink to sustain mission continuity.gettyIn 2021, the State of Delaware approached Inperium and requested that we acquire Connections Community Support Programs (C...

SpaceX tops Amazon and Microsoft in market value as retail investors race to buy shares

MarketsSpaceX tops Amazon and Microsoft in market value as retail investors race to buy shares“There is only one stock retail [investors] care about right now,” one research team wrote in a note to clients.Listen to this article with a free account00:0000:00SpaceX’s value now makes it the the world’s fourth largest publicly-traded company, leapfrogging both Amazon and Microsoft.Ethan Swope / Bloomberg via Getty Images fileShareAdd NBC News to GoogleJune 16, 2026, 10:09 AM EDTBy Steve KopackSpace...

Robinhood Cuts 10% Of Workforce—Citing ‘Heavily-Layered’ Operations

BreakingBusinessRobinhood Cuts 10% Of Workforce—Citing ‘Heavily-Layered’ OperationsByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorJun 16, 2026, 08:49am EDTToplineRobinhood on Tuesday announced it would cut 10% of its full-time workforce, citing efforts to make the trading platform “lean and disciplined,” as more companies have reduced headcount in recent months amid a broader integration of AI.The company said it expects restructuring charges of...

Report reveals how much consulting firms like Accenture, KPMG pay entry-level workers

New college graduates can earn lucrative starting salaries at top consulting firms, with the "MBB" strategy firms like Bain, BCG, and McKinsey offering over $100,000 base pay. Other giants like Accenture and EY also approach this threshold, while firms like PwC, KPMG, and Deloitte offer slightly lower base salaries supplemented by signing bonuses.

'3-letter sentence' that cost California billions of dollars as Elon Musk left the State

A resurfaced 2020 tweet from a California labor leader has been blamed by social media users for Elon Musk's departure from the state, costing it billions. While the tweet is a focal point, Musk's exit was driven by years of clashes with officials and a desire for a more business-friendly environment.

Musk's SpaceX buys AI coding start-up for $60bn days after IPO

Musk's SpaceX buys AI coding start-up for $60bn days after IPOJust nowShareSaveAdd as preferred on GoogleArchie MitchellBusiness reporterReutersSpaceX has agreed to buy AI coding start-up Cursor for $60bn (£45bn) just days after its bumper initial public offering (IPO).Elon Musk's rocket company will take over Anysphere, which makes the artificial intelligence coding agent.The move comes after SpaceX joined New York's tech-focused Nasdaq stock exchange on Friday in the biggest ever listing, valu...