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Trump administration has paid back 60% of $165bn in tariff refunds

Government has so far returned $100bn to companies that paid levies US supreme court ruled illegalBusiness live – latest updatesThe Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled them illegal, according to reports.The $100bn (£74bn) figure, which represents 60% of the total $165bn collected from Donald Trump’s “liberation day” tariffs, was reported by customs officials to the US court of international trade (CIT) on Tuesday, accordi...

Next upgrades profit outlook again as it benefits from summer spending

Retailer expects to end year with pre-tax profit of £1.2bn, about £25m higher than forecast previouslyNext has raised hopes that UK shoppers are still willing to spend despite pressures on household budgets, as it upgraded its profit guidance for the third time this year.The clothing and homeware retailer said it benefited from sunny weather and the release of some “pent-up demand” in the Middle East and northern Europe in the 13 weeks ended on 1 August. Continue reading...

Qasr Al Watan named among world's top 100 travel experiences for 2026 - Khaleej Times

Qasr Al Watan named among world's top 100 travel experiences for 2026  Khaleej Times

India to get its first plastic notes next year: RBI governor shares timeline

The government has authorised the Reserve Bank of India to print up to 2 billion polymer (plastic) notes - 1 billion each in the Rs 10 and Rs 20 denominations for field trials. At present, there is no proposal to replace paper currency entirely.

‘Someone has to pay’: RBI governor on MDR proposal for UPI transactions above Rs 2k

According to official estimates, the Rs 2,000 threshold would cover only around 5% of all UPI transactions, although these account for nearly 65% of the total value processed on the platform. As a result, routine purchases such as milk, vegetables, groceries, or payments for auto-rickshaws and taxis are unlikely to be affected. UPI processed 23.7 billion transactions worth Rs 29.9 lakh crore in July.

اكتشف سر وارن بافت: القاعدة رقم 1 للثراء التي غيرت حياته!

ما الذي يجعل وارن بافت واحداً من أغنى رجال العالم؟ اكتشف القاعدة رقم 1 التي اتبعها بافت لبناء ثروته التي تقدر بـ 120 مليار دولار! إليك كيف يمكنك تطبيق هذا السر على حياتك المالية!

Unlocking Warren Buffett's #1 Rule: The Secret to His $120 Billion Fortune Revealed!

Warren Buffett, famously known as the 'Oracle of Omaha', has amassed a staggering net worth of over $120 billion. Discover the singular rule that has guided his investment strategy and propelled him to unparalleled success!

Strait of Hormuz's 'middle corridor': New shipping route emerges in reopening talks - thenationalnews.com

Strait of Hormuz's 'middle corridor': New shipping route emerges in reopening talks  thenationalnews.com

Gold price prediction today: Is the worst over for gold?

Gold price prediction today: Recent gold price trends suggest that the worst of the downside may be behind us, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Early this week, bullion has started on a firmer footing, supported by a weaker US dollar, easing crude oil prices following renewed US-Iran diplomatic efforts and improving risk sentiment.

US-Iran conflict, El Nino: Why RBI did not hike repo rate despite headwinds

Indeed, RBI governor Sanjay Malhotra has acknowledged that the conflict in West Asia continues to weigh on the global economy by disrupting critical trade routes and supply chains, increasing market volatility and weakening business confidence. But the biggest factor for keeping repo rate unchanged was that while inflation has risen, the impact of cost pressures has not been widespread.

Return of goods to markets in Gaza doesn’t mean people can afford them

Displaced Palestinians in Gaza struggle daily to afford food, with soaring prices and limited income opportunities.

Dubai gold prices climb towards Dh500 as sentiment improves - Khaleej Times

Dubai gold prices climb towards Dh500 as sentiment improves  Khaleej Times

Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts

Software group benefits from global systems and accounting practices ‘that enable tax to be shirked’, says union bossThe software group Palantir paid just £2m in corporation tax in the UK in 2024, despite holding public sector contracts worth hundreds of millions, thanks to tax breaks that are likely to reduce its contributions to governments around the world for years to come.The US-headquartered company, which has harnessed AI to secure lucrative work for the NHS and the Ministry of Defence, i...

50 lakh households now covered under PM Surya Ghar scheme, says Centre

India's PM Surya Ghar scheme has installed rooftop solar on over fifty lakh homes. This rapid expansion marks a significant acceleration in the nation's clean energy transition. Nearly nineteen lakh households now receive zero electricity bills, reducing their costs. Over twelve lakh households earned money by selling surplus solar power back. The program also supports low-income families and creates jobs nationwide.

US stock market hits record high amid hopes for Strait of Hormuz reopening

Oil prices fall as US officials tout progress in talks to reopen critical waterway.

Oil price today: Crude steadies below $80 as Hormuz blockade keeps investors on edge

Oil prices nudged higher on Wednesday after a series of declines, as investors keep a keen eye on the diplomatic maneuvers surrounding the US-Iran standoff. Progress is reportedly being made by negotiators striving to bring an end to the conflict and restore access to the Strait of Hormuz. While US crude and gasoline inventories increased last week, there was a drop in distillate stocks.

Unbelievable Prices: The Most Expensive Cars Ever Sold at Auction That Will Leave You Breathless!

Prepare to be astonished as we dive into the world of ultra-luxury automobiles! Discover the jaw-dropping prices and mind-blowing specifications of the most expensive cars ever auctioned.

OpenAI pays $3.2m to settle claims it discriminated against US workers

Company and subsidiary Statsig alleged by US justice department to have favored foreign workers in hiringOpenAI and a subsidiary will pay $3.2m to settle US government claims that they ⁠favored foreign workers with temporary employment visas and discriminated against US job applicants in recruiting and hiring, the justice department said ⁠on Tuesday.The justice ⁠department in ​a release said that OpenAI and Statsig, which makes product development software, recruited foreign workers for some ope...

Money Talks: How the Premier League's Transfer Net Spend Shapes the 26/27 Season

SIAM says corrosion of vehicle parts due to high chloride presence in fuel

NEW DELHI: Auto industry body SIAM flagged concerns over "high chloride" presence and moisture content in fuel resulting in a "huge increase" in issues related to vehicle parts and replacements, including fuel pumps, fuel injectors and EGR valve. It demanded stringent checks, arguing that contamination raises a wrong impression about E20 fuel in customers' minds, report Dipak Dash & Aabhas Sharma.