Business

Kevin PeacheyCost of living correspondent Getty Images Millions of motorists should be paid compensation next year for the mis-selling of car loans, the UK’s financial regulator has told MPs. The payouts are over commission arrangements between lenders and dealers, and inaccurate information given to car buyers following a ruling by the UK’s highest court. While the Supreme Court decision limited …

The United States has strengthened its ties with Pakistan as Missouri-based US Strategic Metals signed a $500 million investment deal to boost foreign investment in the country’s mineral sector.Pakistan’s Frontier Works Organization, the largest miner of critical minerals, formalised the agreement on Monday through a memorandum of understanding with the American firm, paving the way for the establishment of a …

The US tariffs on India aim to increase pressure on Moscow regarding the Ukraine conflict. (AI image) Even as the Donald Trump administration wants India to stop purchasing Russian crude, Indian state-owned refiners are looking to fully revive their purchases of Russia oil. During the four weeks to August 31, India’s seaborne crude imports from Russia decreased to 1.3 million …

NEW DELHI: India’s comparatively low healthcare costs and expanding insurance coverage are driving a surge in medical tourism among non-resident Indians (NRIs), according to a new report based on Policybazaar’s NRI claims data from the past three years, cited by Economic Times.Cost advantages Medical procedures in India remain far cheaper than in many global markets. Elective surgeries typically cost between …

By Anshul Aggarwal and Kunal KohliOptically, the 56th GST Council Meeting is nothing less than a full-fledged Budget announcement from a GST perspective. Convened at a time when global indicators point to a broader economic slowdown — alongside rising trade pressures— the Finance Minister’s address to India’s 140 billion economy reaffirms the strength and credibility of a ‘Resilient India’.The Finance …

Industry experts caution that the passage of this Bill could lead to further spending reductions by US clients. The Donald Trump administration’s potential move to impose a tax on jobs outsourced outside the US have sent jitters in the Indian IT sector. The potential introduction of legislation by a Republican senator to impose taxes on IT services outsourcing in the …

Gold reached a new record peak, driven by growing anticipation of Federal Reserve interest rate reductions by the end of the year. (AI image) Gold price today: Gold rates hit a lifetime high on Monday, crossing the Rs 1.10 lakh per 10 grams mark. Gold prices surged by Rs 458, reaching a peak of Rs 1,10,047 per 10 grams. This …

James McCarthyBBC News, West of England Getty Images Thousands of Countryside Stewardship agreements will end in December Farmers say they feel abandoned as thousands of long-running nature scheme payments are set to end. According to a Freedom of Information request by the National Farmers’ Union (NFU), 5,830 Countryside Stewardship (CS) agreements will stop in December. These provide financial incentives to …

Kemi Badenoch has said she is “really worried” that the UK might be forced to embark on a 1976-style bailout from the International Monetary Fund. The Conservative leader told BBC Newsnight that the UK could be forced to go “cap in hand” to the IMF unless the government delivers a plan for economic growth. She made her remarks as she …

Watch: Fire and tear gas as protesters clash with police in Nepal Nepal has lifted a social media ban after it led to clashes between protesters and police that have left at least 19 people dead. Thousands of young people had forced their way into the parliament building in the capital Kathmandu on Monday, asking the government to lift its …