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Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures
Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold ratesBusiness live – latest updatesThe Bank of Japan (BoJ) has raised interest rates to a 31-year high, as it tried to dampen inflationary pressures created by the Iran war.Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75%, and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. Continue...
Gujarat’s Halpati Housing Scheme offers Rs 1.2 lakh aid: Eligibility & how to apply
Gujarat's Halpati Housing Scheme offers crucial financial aid of Rs 1.20 lakh to eligible Scheduled Tribe families, specifically Talaviya and Nayak communities, for constructing their own homes. This initiative, implemented by the Tribal Development Department, aims to improve housing conditions in selected South Gujarat districts by providing phased assistance directly to beneficiaries, easing the burden of rising construction costs.
Kingsmill owner cleared to create UK’s biggest bread brand with Hovis takeover
ABF’s bakeries arm would be likely to exit the market entirely if the deal did not proceed, CMA findsBusiness live – latest updatesThe owner of Kingsmill’s £75m deal to buy Hovis to create the UK’s biggest bread brand has been cleared by the competition watchdog.The Competition and Markets Authority (CMA) ruled that Associated British Foods’ proposed takeover of Hovis did not raise competition concerns because if the deal did not go ahead “the most likely outcome” would be ABF’s bakeries arm lea...
TCS to take $70 million hit as US Supreme Court rejects appeal - What's the case?
TCS said it will now recognise a further $70 million towards damages, interest obligations and legal expenses, which will be reflected as a one-time exceptional charge in its first-quarter FY27 financial results.
PM Shehbaz says Centre to foot the bill of 100MW solar power project in GB
Prime Minister Shehbaz Sharif on Tuesday said that the federal government would bear the expenses for a 100 megawatt solar power project in Gilgit-Baltistan (GB). The remarks came as the premier chaired a meeting in Islamabad reviewing the project, according to a statement issued by the Prime Minister’s Office (PMO). The prime minister directed that the work on the project be accelerated and completed as soon as possible, adding that an independent third-party validation be conducted to ensure t...
Govt's economic planning mindful of possible external and geopolitical risks, finmin tells UK MP
Finance Minister Muhammad Aurangzeb said on Tuesday that the government’s economic planning and fiscal assumptions had remained mindful of possible external and geopolitical risks, including potential “second-order impacts” arising from prolonged regional uncertainty. The minister made these remarks during a meeting with UK Parliamentary Under-Secretary of State for the Middle East, North Africa, Afghanistan and Pakistan (MENAP), Hamish Falconer MP, held at the Finance Division in Islamabad. The...
EV prices in UK and EU not likely to dive due to Chinese rivalry, says Xpeng boss
Brian Gu says he sees Chinese car firms competing on quality rather than launching price war as at homeMotorists in the UK and EU should not expect a sharp drop in the cost of electric vehicles despite increased competition among Chinese manufacturers, one of the country’s biggest electric carmakers has said.Brian Gu, the vice-chair of the manufacturer Xpeng, said that Chinese carmakers could compete on quality to win customers in the EU and UK, rather than unleashing a brutal price war as they...
Higher prices for gas, groceries and flights will outlast the Iran war, experts say
People around the world may be wondering how soon prices will drop for gasoline, groceries, flights and other items that got more expensive during the Iran war
Reserve Bank finally gives Australian homeowners a break from interest rate hikes after three consecutive raises
Reserve Bank finally gives Australian homeowners a break from interest rate hikes after three consecutive raisesREAD MORE: Landlord defends charging $1050 for three people to share a room See more Daily Mail on Google - save us as a Preferred SourceBy SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 05:31, 16 June 2026 | Updated: 05:32, 16 June 2026 e-mail View comments
Is Form 16 mandatory for ITR filing & what to do if employer has not issued it?
Ideally, you should also cross check information across all your major documents such as Form 16, Form 26AS, Annual Information Statement (AIS), interest statements etc. to see if there are any discrepancies.
Japan raises interest rate to highest since 1995
Japan raises interest rate to highest since 1995Just nowShareSaveAdd as preferred on GooglePeter HoskinsBusiness reporterAFP via Getty ImagesJapan's central bank has increased its main interest rate to a new 31-year-high after a surge in global energy prices. On Tuesday, the Bank of Japan (BOJ) raised its so-called policy rate to 1% from 0.75% - its highest level since 1995.The decision comes as some other central banks have raised interest rates this year as the Iran war pushed up the cost of l...
Top stocks to buy: Stock market recommendations for today
Stock market recommendations: Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan recommends buying Oberoi Realty, HDFC Life Insurance, Blue Star, and Phoenix Mills as the technical top stocks for today, June 16, 2026:
US stock market climbs as US-Iran deal stirs hopes for end to energy chaos
Benchmark S&P 500 rises 1.7 percent, while tech-heavy Nasdaq jumps 3.1 percent.
Oil prices still above pre-war levels despite US-Iran truce hopes
Global oil prices have seen a significant drop following signs of de-escalation in Middle East tensions, spurred by a US-Iran memorandum of understanding. While this offers relief to consumers, questions linger about the speed of supply recovery. The Strait of Hormuz, a vital oil route, is expected to reopen, potentially easing inflationary pressures.
New Defence Secretary 'will have to make very significant cuts if he can't find more money in the next two weeks'
New Defence Secretary 'will have to make very significant cuts if he can't find more money in the next two weeks'See more Daily Mail on Google - save us as a Preferred SourceBy PERKIN AMALARAJ, FOREIGN NEWS REPORTER Published: 01:26, 16 June 2026 | Updated: 01:27, 16 June 2026 e-mail View comments
What is Helium-3 and could we get it from the moon?
What is Helium-3 and could we get it from the moon?Image source, Jacob Clothier/Lancaster UniversityImage caption, Dima Zmeev in front of Lancaster University's valuable supply of helium-3ByChris BaraniukTechnology reporterPublished16 June 202664 CommentsOne of the most valuable assets owned by Lancaster University is stored in beer kegs.But it's not in one of the student bars.In a carefully locked laboratory rows of metal kegs are arranged on shelves and linked together with spindly copper pipe...
من الإفلاس إلى المليارديرة: قصص نجاح ملهمة ستغير حياتك!
هل تصدق أن الهزيمة يمكن أن تكون بداية قصة نجاح مذهلة؟ في هذا المقال، نستعرض كيف تحول أناس عاديون من ضائقة مالية إلى مليارديرات ملهمين، مع تفاصيل مثيرة عن ثرواتهم ورحلاتهم.
From Rags to Riches: 7 Incredible Self-Made Billionaires You Won't Believe!
Discover the awe-inspiring journeys of self-made billionaires who started with nothing and transformed their lives. From humble beginnings to immense wealth, these stories will ignite your entrepreneurial spirit!
Anthony Albanese considers extending fuel tax cut for Australian drivers
Anthony Albanese considers extending fuel tax cut for Australian driversGovernment considering extending fuel cutREAD MORE: Hanson voters are being told they CAN'T support the Socceroos See more Daily Mail on Google - save us as a Preferred SourceBy NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA Published: 00:36, 16 June 2026 | Updated: 00:37, 16 June 2026 e-mail View comments
Thames Water moves step closer to nationalisation after government objects to rescue deal
Thames Water moves step closer to nationalisation after government objects to rescue dealJust nowShareSaveAdd as preferred on GoogleMichael RaceBusiness reporterPA MediaThe government has objected to a proposed rescue deal for Thames Water, in a move which takes the UK's largest water company a step closer to a form of nationalisation.Environment Secretary Emma Reynolds wrote to the industry regulator on Monday to raise concerns over the package put forward by the firm's lenders.Fears the compan...
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