Business

Bloomberg/Getty Producers in the US raised their prices at the fastest pace in more than three years last month as companies grappled with new costs from tariffs introduced by US President Donald Trump. The producer price index, which measures the selling price commanded by US producers, jumped 0.9% from June to July, after being flat the previous month, according to …

Wall Street retreated from record levels on Thursday after US government data showed wholesale inflation rose more than expected last month, dimming hopes for imminent interest rate cuts.The S&P 500 slipped 0.2% from its all-time high set on Wednesday, while the Dow Jones Industrial Average fell 104 points, or 0.2%, and the Nasdaq composite eased 0.1% from its record in …

Markets regulator Sebi has rolled out an investor awareness campaign on All India Radio (AIR) to warn against fraudulent activities in the securities market, particularly those executed through social media platforms.The initiative, the regulator said, aims to “caution investors to protect themselves from fraudsters, to curb fraudulent activities taking place on social media platforms, and to protect the interest of …

ONS says the economy expanded by 0.3%, down from 0.7% in the first three months of 2025 Source link

Gold rate today: Gold prices in the national capital rose Rs 400 to Rs 1,01,420 per 10 grams on Thursday, supported by fresh buying from stockists and firm global trends, according to the All India Sarafa Association. The yellow metal of 99.9% purity had closed at Rs 1,01,020 in the previous session.Gold of 99.5% purity also gained Rs 400 to …

National Grid has agreed to sell one of its major gas facilities, Grain LNG, for £1.66bn to a group that includes British Gas owner Centrica and Energy Capital Partners (ECP). The sale still needs approval from regulators and the government. If approval is received, National Grid expects the transaction to be complete by the end of the year. Grain LNG …

Half-full or half-empty? These latest UK gross domestic product (GDP) figures bring alive the classic metaphor about what exactly is in the glass. The reality is that growth of 0.3% in the spring quarter between April and June is a slowing from the start of the year’s 0.7% expansion. Yet at the same time, the news is positive because the …

Eben Morrish-Croad BBC News, Somerset Clare Walsh Two food banks in Somerset have said an increase in demand coupled with a drop in donations is having a huge impact A woman who uses a food bank said she would not be able to eat without the services they provide. Alison Pope from Chard, Somerset goes to the Lord’s Larder food …

But many taxpayers make the mistake of not mentioning exempt incomes in their income tax return. (AI image) ITR filing FY 2024-25: PPF interest is tax free. So is the interest coming from tax free bonds. The maturity proceeds of life insurance plans are also exempt from tax. But while the taxman lets you pocket these tax free incomes, he …

Thousands of firms have the certification, but some think the rules aren’t strict enough Source link