Faarea Masud & Charlotte Edwards BBC Business reporters Getty Images The cost of some new electric cars will soon be reduced by up to £3,750 under grants being introduced by the government to encourage drivers to move away from petrol and diesel vehicles. The discounts will apply to eligible vehicles costing up to £37,000, with…
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Listen to article NEW DELHI: India has reversed a decade-old mandate to install $30 billion worth of clean-air equipment, easing sulphur emission rules for most coal-fired power plants, a government order said. Reuters in December reported that the government was reviewing 2015 norms that required nearly 540 coal-based power units to install flue-gas desulphurisation (FGD) systems that…
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South Asia faces rising nuclear risks due to India’s aggressive posture. While Pakistan maintains minimum credible deterrence, India expands capabilities and issues provocative statements. The 2025 crisis after Operation Sindoor exposed dangers of dual-use systems and nuclear brinkmanship. South Asia is a region characterized by deep geopolitical rivalries. The recent years have seen an increasing…
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Last Updated:July 08, 2025, 18:13 IST Jio BlackRock Mutual Fund plans to leverage Jio and BlackRock’s investment management platform Aladdin to offer differentiated products in the crowded market, according to Reuters. Jio BlackRock plans to offer a mix of active and passive funds in India, where active funds still dominate. Jio BlackRock Asset Management plans…
New Delhi: As the global economic landscape evolves rapidly, Indian businesses can unlock $9.82 trillion in gross value added (GVA) by 2035, according to a new report. As per the PwC India study, one of the most significant domains contributing to the GVA calculus will be the ‘Make’ domain, which includes manufacturing and industrial production,…
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For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Business confidence remains fragile after firms swallowed the jump in tax and labour costs in April, according to new research….
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This is an AI-generated image, used for representational purposes only. India’s $280 billion IT services industry is set to post a lacklustre first-quarter performance for FY25, with top-tier firms likely to report flat to marginal revenue growth amid prolonged decision cycles and cautious tech spending by global clients, reported ET, citing analysts.Among the top six…
Suzanne Bearne Business reporter Dr Bronner’s US soap firm Dr Bronner’s has walked away from the global B Corp accreditation scheme Earlier this year natural soap company Dr Bronner’s decided that enough was enough. It announced that it was quitting B Corp, the global certification scheme that honours companies for having high standards when it…
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Listen to article KARACHI: The State Bank of Pakistan (SBP) injected Rs12.38 trillion into the financial system through two separate Open Market Operations (OMOs) on June 27, 2025, to manage the liquidity vacuum caused by Eid-related cash demand and fiscal needs of the government constrained by International Monetary Fund (IMF) conditions. The larger of the two was…
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Finance Minister Muhammad Aurangzeb has expressed satisfaction over improved economic indicators including increase in foreign exchange reserves and reduction in inflation and policy rate. Winding up discussion on Cut Motions moved by opposition on Demands for Grants pertaining to the Finance and Revenue Division for the next financial year in the National Assembly on Wednesday,…
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