Business

Jack Silver BBC News, Guernsey EPA Guernsey’s electricity prices are to rise from next month The BBC used information from Guernsey Electricity Ltd’s (GEL) tariff calculator and data from Uswitch to estimate annual costs for low-usage and high-usage households in different regions of England, Scotland and Wales. Using the analysis, a typical low-usage household in Guernsey would spend £637 a …

Representative AI-generated image India has established itself as a prime destination for international capital investment in land and development sites, as revealed in a recent Colliers report.During the 12-month period ending Q1 2025, India secured $735 million in cross-border capital investments, positioning it at seventh place amongst global markets in this category, according to the report quoted by ANI.The investment …

Image used for representative purposes US President Donald Trump has signed an executive order enabling Japanese firm Nippon Steel’s investment in US Steel, contingent upon compliance with a government-mandated “national security agreement”.The joint statement from both companies confirms $11 billion in new investments by 2028 and the provision of a “golden share” to the US government, ensuring protection of national …

Several ‘High-Risk Persons’ Under Lens For Not Complying With I-T Act ProvisionsNEW DELHI: The Central Board of Direct Taxes (CBDT) has launched an investigation against several “high-risk persons” who were allegedly evading taxes and laundering unaccounted funds by investing them in cryptocurrency. These entities and individuals, who were identified for verification and scrutiny, were allegedly involved in Virtual Digital Asset …

MUMBAI: The rupee ended at 86.08 against the dollar on Wednesday, falling 48 paise from its previous close of 85.60. The local currency touched a low of 86.22 during the session, prompting RBI to intervene, according to traders.On Friday, the rupee posted its sharpest single-day fall since May 8, following Israeli strikes on Iran’s nuclear and military sites. The escalation …

Elon Musk with Donald Trump in Oval office (File photo) The White House instructed the Defense Department and Nasa earlier this month to examine details of SpaceX contracts worth billions following President Donald Trump’s public disagreement with Elon Musk, according to four sources familiar with the directive who spoke to Reuters.The administration instructed these agencies to examine Musk’s contracts to …

NEW DELHI: Finance minister Nirmala Sitharaman is expected to push tax authorities to ensure the timely refund of income tax, GST, and export-related dues, while flagging the long pendency in investigation by the Directorate General of GST Investigation (DGGI).Sitharaman is due to meet top officials of the Central Board of Indirect Taxes and Customs next Friday, followed by a similar …

Representational AI image MUMBAI: The sensex and Nifty opened sharply lower on Friday over Israel’s strikes in Iran, which in turn put crude oil prices on the boil. However, the two indices pared some losses through the session even as investors remained cautious.At close, the sensex was down 573 points or 0.7% at 81,119 points while Nifty was down 170 …

NEW DELHI: The fresh conflict in West Asia can have a spillover effect on India just when inflation was moderating and businesses were learning to cope with the unpredictability of Trump’s tariffs. While the direct impact of Israel’s attack on Iran will be limited, given that India has very little trade left with the Islamic nation, the indirect fallout can …

Emma Haslett and Charlotte Edwards Business reporters Sharon Carroll Poundland used to be a big attraction when everything was £1, according to Sharon Carroll Sharon Carroll once shopped so much at her local Poundland that her friends described her as “Mrs Poundland”. “I’d just buy so many things,” says Sharon. “I’d spend £40 to £50. “When everything used to be …