Bank of England cuts interest rate by 25 bps amid global trade uncertainty
The Bank of England has cut its main interest rate by 0.25 percentage points to…
UAE’s 2025 tax update: How real estate firms can save on fair-valued assets | World News
The UAE Ministry of Finance’s new rule enables depreciation of fair-valued investment properties, offering firms fresh tax planning flexibility/Representative Image TL;DR: Finance Ministry’s Ministerial Decision No. 173/2025 allows firms to deduct depreciation on investment properties measured at fair value, if they choose the realisation basis, effective from tax periods starting January 1, 2025. Companies can…
Eternal Q1 results: Net profit slumps 90% to Rs 25 crore; revenue jumps 70% on Blinkit, food delivery surge
Eternal, the parent company of Zomato and Blinkit, on Monday reported a sharp 90% year-on-year decline in consolidated net profit for Q1FY26 at Rs 25 crore, down from Rs 253 crore in the same quarter last year.Revenue from operations, however, soared 70% to Rs 7,167 crore compared to Rs 4,206 crore in Q1FY25, according to…
Omani Qahwa: What makes this traditional coffee unique and how it’s served across the country | World News
In Oman, the concept of Qahwa or Kahwa encompasses tradition, togetherness, and respect/Image: Instagram TL;DR: Omani Qahwa, a lightly spiced coffee, is a central symbol of hospitality and social bonding in Oman. Its preparation is an intricate ritual involving cardamom, saffron, and rosewater, reflecting deep cultural heritage. Serving Qahwa with dates and in traditional dallahs…
Which are the world’s best airports? This airport beats Singapore’s Changi to top the list – check top 10 rankings 2025
Changi Airport in Singapore, which is usually touted as the world’s best airport in various rankings, secured the second position. (Image source: Changiairport.com) Which is the world’s best airport? Istanbul Airport has claimed the top position in Travel + Leisure’s 2025 World’s Best Awards, achieving a remarkable score of 98.57, an improvement from 95.79 in…
From minimum wage to tax-free income: How Qatar is helping Indian expats grow in 2025 | World News
Indian expat families in Qatar are building stable lives through work, education, and community/ Representative Image TL;DR Qatar is attracting Indian professionals with career growth, safety, and family-friendly living. Indian-run businesses are growing, with fewer barriers to ownership than before. Legal reforms have improved job flexibility and worker protections for Indian expats. For many Indians…
Dragon fire extinguished! How India has successfully countered China’s fertilizer export blocks; seen as ‘supply chain weaponisation…’
China’s export restrictions on fertilisers to India represents one of the most severe instances of supply chain manipulation by Beijing. (AI image) India seems to have found an effective solution to China’s move of blocking fertilizer exports to India. In May-June, China abruptly escalated tensions regarding fertiliser exports by stopping inspections of shipments destined for…
World’s major courts take growing role in climate fight
PARIS: The world’s top court is poised to tell governments what their legal obligations are to tackle global warming, and possibly outline consequences for polluters that cause climate harm to vulnerable countries.Wednesday’s highly anticipated advisory opinion by the International Court of Justice comes in the wake of landmark international decisions that experts say together have…
No wider adoption: Why Fastag’s growth beyond toll payments is limited – explained
The Fastag system faces challenges with inadequate bank-based customer support. Fastag may be used for toll payments pan India but its adoption for wider use cases still remains severely limited. The electronic toll collection system has shown negligible growth in the last fiscal year. The system’s growth, including transaction volumes and participating banks, has remained…
’10 years of abuse’: UK ex-MP accuses husband of sexual assault; he had championed women’s rights
(AI generated image for representation) As domestic abuse cases in the UK continue to rise, former Conservative MP Kate Kniveton has spoken out about the years of abuse she suffered from her ex-husband, former Tory MP Andrew Griffiths.In a new ITV documentary, Breaking The Silence: Kate’s Story, Kniveton shared how the abuse lasted for more…
Q1 FY26 Results: Early earnings show slowdown in revenue, profit growth; analysts see double-digit gains ahead
Early earnings trends for the June quarter showed sluggish revenue and profit growth, excluding a one-time gain reported by Reliance Industries (RIL).According to an ET report, growth momentum has slowed to its lowest in at least nine quarters, largely due to muted performance from key sectors like banking, finance, FMCG, and IT.Among 186 companies that…