Unabated foreign funds selling in the domestic market and the strength of the dollar against some major currencies took a heavy toll on Indian rupee. 

Amid mounting concern about wage awards fuelling inflation, ministers have been given the message that there will be “no new money” for pay rises, meaning that any extra funding will have to be found through spending cuts or underspending.

Air India has recently sent job offer letters to around 55 pilots who retired in the past four years as the airline plans to re-hire them as commanders to fly for another five years or till they reach the age of 65, whichever happens first.

Mastercard and Visa process about 99 per cent of debit and credit card payments in the UK, by volume and value.

The Lloyds Bank has warned its customers to stay alert over rise in purchase scams, notably through fake adverts. As per the Lloyds’ data, reports of purchase scams which involve shoes and trainers have more than doubled so far this year.

The State Bank of India (UK) has raised the interest rates on its range of products after the announcement by the Bank of England to increase the base rate. The rate of increase is from 35bps to 100bps. The new rates are effective from 22 June...

Prince Charles’ charities are no stranger to controversies. The billionaire Sheikh Hamad bin Jassim bin Jaber al-Thani, who was Qatar’s prime minister and foreign minister between 2007 and 2013, is allegedly a contentious figure. Claims of alleged...

When I was working in the US Congress as an intern, my undergraduate thesis in my politics degree was about ‘Abortion and the Supreme Court’ and specifically about why the issue was no longer devisive. Well, I wrote too soon. I did for that...