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'Minor' drop in mileage of vehicles due to E20, says Hardeep Singh Puri

Petroleum Minister Hardeep Singh Puri addressed public concerns regarding ethanol-blended fuel, dismissing social media narratives as "make-believe." He clarified that any mileage reduction in E20-fuelled vehicles is minor, with potential benefits like improved acceleration. The ministry has released a detailed note to counter misinformation and reassure vehicle owners about the safety and established practice of ethanol blending, citing historical support from figures like Henry Ford.

Pharma pricing norms for new drugs eased

The government has significantly reformed the Drugs (Prices Control) Order, 2013, easing compliance for drugmakers. Overcharging liability is now narrowed, focusing only on stock sold above ceiling prices by retailers or distributors, not entire batches. New drug launches will also see simplified pricing approvals, reducing procedural delays and streamlining market entry for similar products.

To avoid legal battles, ED settles 150 Fema cases with RBI nod

The Enforcement Directorate is opting for large-scale compounding of Foreign Exchange Management Act (Fema) cases, with the Reserve Bank of India's approval, to expedite resolutions and avoid lengthy legal battles. Over 150 Fema cases have been terminated in the past 15 months following "no-objection certificates" from the ED. This approach, involving penalty payments, aims to foster a more facilitative business environment in India.

Burnham promises to ease cost of living pressures if he becomes prime minister

Makerfield MP said he would consider reducing business rates as part of a package that could also include freeze on private rentsAndy Burnham promised to ease the cost of living if he becomes prime minister in his first interview since returning to parliament.The Makerfield MP told LBC that if he became prime minister later this month, as expected, he would look at reducing business rates for some high street businesses, bringing down water and energy costs by de-privatising companies and making...

Secret location & sleep devices: England bid to combat noisy Mexico fans

Secret location & sleep devices: England bid to combat noisy Mexico fansImage source, Getty ImagesImage caption, England set up a meeting with Mexico after beating DR Congo in the round of 32BySami MokbelSenior football correspondent in Mexico CityPublished2 minutes agoCommentsEngland are taking precautions ahead of their arrival in Mexico to ensure boisterous locals intent on ruining the players' rest and sleep do not disrupt their preparations.Thomas Tuchel's side face Mexico in their World Cu...

Defence ministry may clear proposals worth over Rs 1 lakh crore today

Defence Ministry gears up to approve over Rs 1 lakh crore in acquisitions, including 300 K-9 Vajra howitzers and 600 HAMMER missiles for fighter jets. The Army will also bolster its air defence with Russian Verba systems. This significant procurement push aims to modernize India's military capabilities, with key defence chiefs attending the crucial Defence Acquisition Council meeting for the first time.

Infrastructure cuts to pay for defence will cost UK 10,000 jobs, analysis shows

Exclusive: Findings cast doubt on Starmer claims that reallocation of funds to MoD will boost British jobsKeir Starmer’s decision to cut billions of pounds of infrastructure spending to pay for more defence equipment will end up costing the UK 10,000 jobs, according to an analysis of the government’s own figures.The prime minister announced this week he was putting an extra £15bn into defence investment to revamp the country’s armed forces and boost British manufacturing. Continue reading...

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From Fashion to Fortune: How Bernard Arnault Built the World's Most Powerful Luxury Empire

Discover the secrets behind Bernard Arnault's meteoric rise to becoming the richest man in the world. Unravel the extraordinary journey that transformed a French entrepreneur into a titan of the luxury industry, with a net worth exceeding $200 billion.

How the North American heatwave could impact the FIFA World Cup

Which host cities and matches face the biggest risks? What is FIFA doing to protect players and how can fans stay safe?

Australia’s median wealth falls almost 7% since 2020 despite the rich getting richer, report says

Swiss bank UBS finds ‘growing divide between the wealthiest and the broader population’ as country adds more than 25,000 more millionairesGet our breaking news email, free app or daily news podcastMiddle Australia’s wealth is going backwards while the richest claim an ever-greater share of the pile, according to new research that shows more than 25,000 people across the country became millionaires last year.The latest global wealth report from the Swiss bank UBS said 2025 marked “an extraordinar...

Sports club take Lloyds to ombudsman for being 'debanked' after 74 years as loyal customer

Sports club take Lloyds to ombudsman for being 'debanked' after 74 years as loyal customerSee more Daily Mail on Google - save us as a Preferred SourceBy ANDREW LEVY, REPORTER Published: 15:46, 2 July 2026 | Updated: 15:48, 2 July 2026 e-mail View comments

No doctor's note, no sick leave? Germany plans major workplace shake-up

Under Chancellor Friedrich Merz, the government has rolled out a transformative economic reform initiative intended to enhance Germany's financial landscape. The plan encompasses significant tax cuts for families, adjustments in the pension system that raise the retirement age, and new sick leave policies that require doctor’s notes from day one.

WHO declares hantavirus outbreak linked to cruise ship over

The outbreak infected 13 people and ‌killed threeSign up for the Breaking News US newsletter emailThe World ⁠Health Organization on Thursday declared the ⁠hantavirus ⁠outbreak ​linked to a cruise ⁠ship over after the last identified ⁠contact of an ​exposed ‌person ‌completed quarantine and tested ‌negative for the virus.The outbreak, which infected 13 people and ‌killed three, involved the Andes virus, ​a rare hantavirus strain that typically circulates in ⁠Argentina and Chile. ​The cruise ​ship...

World Cup boom falters as US hospitality jobs fall in June

World Cup boom falters as US hospitality jobs fall in JuneImage source, Getty ImagesImage caption, There had been early signs of a World Cup jobs boom, but hospitality jobs declined in JuneByArchie MitchellBusiness reporterPublished8 minutes agoA World Cup jobs boom has failed to materialise, with employment in restaurants, bars and hotels across the US falling in June.Analysts had expected the tournament, being hosted jointly by the US, Canada and Mexico, to lead to an increase in leisure and h...

Market wrap: Top gainers and losers on NSE Nifty50 and BSE Sensex today

Indian stock markets surged on Thursday, with Sensex and Nifty climbing nearly 1%. A significant rally in IT stocks, coupled with easing crude oil prices and positive India-Japan strategic agreements, boosted investor confidence. Despite some blue-chip weakness, the market extended its upward trend, driven by technology shares and optimism surrounding new economic and defence pacts.

Car finance compensation payments delayed until next year

Car finance compensation payments delayed until next yearImage source, Getty ImagesByKevin PeacheyCost of living correspondentPublished13 November 2024Updated 1 minute agoMillions of drivers who were mis-sold car finance agreements must wait until at least 2027 to receive compensation, regulators have announced.Average payments of about £829 are expected under the rules published by the Financial Conduct Authority (FCA).However, legal challenges to the scheme mean compensation calculations and p...

Cost, convenience, and validity: Why 11-month agreements are a norm in India

Rental agreements in India commonly last 11 months to bypass mandatory registration for longer terms, as per the Registration Act, 1908. This avoids additional stamp duty and registration fees, making the process more cost-effective and convenient for both landlords and tenants. Even unregistered, these agreements are legally valid if on stamp paper, offering a crucial record of tenancy terms.

Bitcoin firm advertised by Nigel Farage loses 15% of asset value

Exclusive: Finance experts warn against investing in bitcoin treasury companies after Stack BTC assets plungeA bitcoin company that Nigel Farage has advertised lost more than 15% of its asset value, prompting finance experts to warn investors against those types of firms.The Reform UK leader has invested £215,000 in a bitcoin treasury company named Stack BTC. A bitcoin treasury buys the cryptocurrency on behalf of its shareholders, and Stack aims to purchase other companies with the increase in...

Air India cuts fuel surcharge on its North America, UK, EU & Australia by upto 39%

Air India has significantly reduced its fuel surcharge on long-haul flights to North America, the UK, Europe, and Australia, with reductions of up to $80 on some routes. This adjustment follows a dip in crude oil prices. Meanwhile, its low-cost arm, Air India Express, has fully restored connectivity across its West Asia network, resuming services to Oman and Kuwait.