The UK mortgage market has tightened as confidence in the economy has faltered in recent weeks. Lenders withdrew more than 1,600 homeloan products after the (then) chancellor Kwasi Kwarteng’s September mini-budget sent the UK economy into a tailspin. Rates on the mortgage products that are still available have risen to record levels – average two-year […]
Jaipur (Rajasthan) [India], October 13 (ANI): As part of its diversification programme for clean coal energy, Coal India Limited on Thursday signed a Memorandum of Understanding (MoU) with Rajasthan Vidyut Utpadan Nigam Limited for developing a solar power project of 1190 MW production capacity in the state of Rajasthan. The MoU was signed in Jaipur […]
Mumbai (Maharashtra) [India], October 12 (ANI): The Indian stock market’s benchmark Sensex surged 479 points on Wednesday led by good buying support in power, FMCG, and financial stocks amid mixed global cues. The 30 stock SP BSE Sensex closed 478.59 points or 0.84 per cent higher at 57,625.91 points against its previous day’s close at […]
© Provided by Xinhua This enhancement to the central bank’s operations will be in effect from Oct. 11 until Oct. 14 alongside its existing daily conventional gilt purchase auctions, which were announced after the new UK government’s large-scale tax-cutting package sent financial markets into turmoil in September. LONDON, Oct. 11 (Xinhua) — The Bank of […]
BEIJING, Oct. 10 (Xinhua) — The following are the indices of major stock markets worldwide on Monday. IN THE UNITED STATES The S&P 500 Index opened at 3,647.51 points, up 7.85 points, or 0.22 percent. The Dow Jones Industrial Average opened at 29,419.09 points, up 122.30 points, or 0.42 percent. The Nasdaq Composite Index opened […]
The problem has been known ?for years? but is being aggravated by the Ukraine crisis The German Army (Bundeswehr) has enough ammunition for only one or two days of warfare, the German edition of news website Business Insider (BI) reported on Saturday, citing defense industry and parliamentary sources. According to BI, Berlin is significantly lagging […]
Balochistan [Pakistan], October 8 (ANI): A protest against Chinese trawler mafia, and the lack of basic amenities like medical facilities was held in Balochistan. Activists from Haq Do Tehreek, Balochistan led by Maulana Hidayatur Rehman Baloch and Hussain Wadela organised a protest rally to highlight the various problems of Baloch people in front of Gharibabad […]
America’s employers slowed their hiring in September but still added a solid 263,000 jobs – potentially hopeful news that may mean the Federal Reserve’s drive to cool the job market and ease inflation is starting to make progress. Friday’s government report showed that last month’s job growth was down from 315,000 in August and that […]
New Delhi [India], October 6 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Thursday inaugurated Competition Commission of India’s (CCI) regional office in Mumbai. The Regional Office (West) in Mumbai is the third regional office opened by CCI, after Regional Office (South) in Chennai (inaugurated in February 2021) and Regional Office (East) […]
Kwasi Kwarteng said that “high pressure” after the monarch’s death is behind the disastrous mini-budget plan The UK’s finance minister Kwasi Kwarteng has blamed “high pressure” surrounding the Queen’s death for a series of mistakes in his economic proposals package, dubbed the ‘mini budget,’ which was poorly received by the markets. In an interview with […]
