Britain’s economy is in a deep rut. After news confirming the country fell into recession late last year, most experts agree the downturn is likely to be shortlived and shallow. Few, though, are betting on a strong recovery from the toughest period for living standards in almost 70 years. In most of the economic cycles … Read more
Private largecap bank stocks like HDFC Bank, ICICI Bank, Axis Bank, and IndusInd Bank, which together form around 60% of Bank Nifty, saw Long buildup or shorts being covered on a week-on-week basis, says Anand James, Chief Market Strategist, Geojit Financial Services. “Delivery buying has started to pick up this week in the case of … Read more
âJust Stop Oil might have superglued themselves to the roadâ Katie Willis, 40, control centre duty manager, TfL, London My brain needs to be active and challenged, and no day is the same with what we do. Someone losing electricity supply? Itâs major. Thereâs a thrill of racing the clock to keep the community plugged … Read more
A former Post Office chair said he was told by a senior civil servant to stall compensation payouts to post office operators so that the government could “limp into” the general election. Henry Staunton, who was sacked by the business secretary, Kemi Badenoch, last month amid anger over the Horizon scandal, said the request came … Read more
Over 400 people were detained in Russia while paying tribute to opposition leader Alexei Navalny, who died at a remote Arctic penal colony, a prominent rights group reported. The sudden death of Navalny, 47, was a crushing blow to many Russians, who had pinned their hopes for the future on President Vladimir Putin’s fiercest foe. … Read more
Foreign investors adopted a cautious approach offloading Indian equities worth close to Rs 3,776 crore so far this month owing to a spike in the US bond yields and uncertainty over the interest rate environment in the domestic as well as the global front. In contrast, they are bullish on the debt market and injected … Read more
The heart of Britain’s problem is that we don’t invest enough in ourselves – a pattern that has grown most acute over the last 14 years of misgovernance, but reaching back for decades. It shows up in everything from having the lowest number of MRI scanners per million people compared with our peers, to the … Read more
The Tibetan Centre for Human Rights and Democracy (TCHRS) released a report, followed by an organisation based in the North Indian hill town of Dharamshala, revealing Chinese authorities’ surveillance of exile Tibetans to collect personal information. While speaking to ANI, TCHRD’s spokesperson, Tenzin Dawa, remarked that the whole process of the report took about two … Read more
As a longstanding observer of the British economy, I sympathise with the general reader trying to make sense of recent reports on what is happening to it. One week he or she is told that inflation is falling; another week that it isnât. One week we are reliably informed that interest rates are going to … Read more
British Gas has launched a fixed-rate gas and electricity deal that offers a 12% saving over most existing price-capped tariffs, adding a new choice to the hard-to-navigate home energy market. For the past two winters, consumers have largely been spared having to seek out the cheapest deal, because, in almost all cases, it was their … Read more
