Sensex: Sensex@72K: Bulls turn up the heat in December

Sensex: Sensex@72K: Bulls turn up the heat in December

Mumbai: Indian equities surged almost 1% on Wednesday to close at record levels, mirroring the strength in global markets, which have been boosted by optimism over the likelihood of interest rate cuts next year. The Sensex closed above 72,000 for the first time, while the Volatility Index or VIX – a popular fear gauge – … Read more

Retailers to pay for consumers’ e-waste recycling from 2026 under UK plans | Recycling

Retailers to pay for consumers’ e-waste recycling from 2026 under UK plans | Recycling

British households will benefit from improved routes for recycling electronic goods from 2026, under government plans to have producers and retailers pay for household and in-store collections. Consumers would be able to have electrical waste (e-waste) – from cables to toasters and power tools – collected from their homes or drop items off during a … Read more

Basmati prices cool at home as a restive Red Sea hurts exports

Basmati prices cool at home as a restive Red Sea hurts exports

KOLKATA: Exports of basmati rice have fallen due to militant attacks against merchant ships in the Red Sea, leading to 5-10% fall in basmati prices in the domestic market, exporters said. Leading shipping lines’ decision to avoid the Suez Canal route amid Houthi attacks has also impacted sunflower oil imports from Russia and Ukraine. Sunflower … Read more

Cairn: Vedanta plunges 5.59 per cent on LSE amid talks to buy Cairn stake

Cairn: Vedanta plunges 5.59 per cent on LSE amid talks to buy Cairn stake

LONDON/MUMBAI: Shares of NRI billionaire Anil Agarwal-led Vedanta Resources on Friday plunged 5.59 per cent on the London Stock Exchange amid talk that it may acquire a majority stake in the Indian arm of Cairn Energy. In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on … Read more

Zero onshore wind plans submitted in England since de facto ban was ‘lifted’ | Wind power

Zero onshore wind plans submitted in England since de facto ban was ‘lifted’ | Wind power

No new plans for onshore wind have been accepted in England since the government claimed it had “lifted” the de facto ban, new analysis reveals. Renewable energy organisations warned at the time that this was likely. Despite the levelling up secretary, Michael Gove, having changed planning rules introduced in 2015 by the then prime minister, … Read more

Online retailer Zulily says it will go into liquidation, surprising customers

Online retailer Zulily says it will go into liquidation, surprising customers

SEATTLE (AP) — The U.S. online retailer Zulily is closing down, surprising customers and laying off hundreds of workers after efforts to salvage the business failed. The Seattle-based company said in a notice on its website that it had tried to fill all pending orders and expected to manage that within the coming two weeks. Zulily said … Read more

How a spring UK budget could fire the starting gun for an early election | Economics

How a spring UK budget could fire the starting gun for an early election | Economics

To grasp the nettle, or wait in the hope that things somehow miraculously improve. This is the choice Rishi Sunak will be weighing for the next general election, as the Conservatives limp towards the finishing line of another challenging year. After Jeremy Hunt announced the government would hold an earlier than anticipated budget, with a … Read more