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UK GOVERNMENT BUDGET CUTS
Britain's FTSE indexes slip as miners offset financial gainsLondon's FTSE 100 saw a slight dip as precious metal miners declined, countered by gains in financial stocks. EasyJet surged on a sweetened...- Global Market: Bank of England weighs leverage rule changes to boost gilt demandBritain's government bond market could see a significant boost and borrowing costs slashed by over £1 billion annually if the Bank of Engla...
- Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
- India waives customs duty, IGST on imported animals under UK trade pact from July 15India's latest policy change allows for customs duty and IGST exemptions on animals brought into the country for shows and public events st...
- UK, Italy, Japan award £4.6 billion contract to advance GCAP fighter jetBritain, Italy, and Japan have awarded a £4.6 billion contract to Edgewing, a joint venture, for the development of the Global Combat Air P...
- NATO Summit 2026: What are the key challenges facing the alliance?NATO leaders convene in Ankara facing critical challenges: maintaining US commitment amid Trump's skepticism, Europe increasing its securit...
- India-UK trade pact sparks rush of export orders ahead of July 15 rolloutIndian exporters are experiencing a significant surge in UK orders ahead of the July 15th India-UK CETA implementation. Anticipating tariff...
- Air India Express fully restores flights to West AsiaAir India Express has fully reinstated its West Asia flight network, including services to Oman and Kuwait, following a temporary halt due ...
- Air India cuts fuel surcharges for North America, Europe flightsAir India has significantly reduced fuel surcharges on flights to North America, Australia, Europe, and the UK, effective July 1. This move...
- West Bengal Cabinet clears panel to examine UCC BillWest Bengal's cabinet has greenlit a committee, led by retired Justice Ranjana Prakash Desai, to scrutinise the draft Uniform Civil Code Bi...
- Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
- Finance Bill passed 'hurriedly' to give tax benefits to liquor cos: Kerala LoP VijayanLeader of Opposition Pinarayi Vijayan accused the UDF government of hastily passing the Finance Bill to benefit liquor companies through ta...
- LDF walks out of Kerala Assembly, accuses CM Satheesan of 'misleading' House on fund cutsKerala Assembly saw a heated debate as the opposition LDF walked out, accusing Chief Minister V D Satheesan of misleading the House regardi...
- Germany demands $450 billion cut to 'unaffordable' EU budget, document showsGermany is pushing for a massive €400 billion cut to the European Commission's proposed €2 trillion budget for 2028-2034, deeming it "unaff...
- UK announces tougher rules to remove illegal migrants and foreign criminalsBritain is set to significantly boost its detention capacity for illegal immigrants by 40% over the next decade, aiming to remove over 45,0...
- UK to invest £580 million in defence technology labThe UK government is set to invest a noteworthy £580 million into its Defence Science and Technology Laboratory, aligning with its Defence ...
- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...
- UK says it will open new sponsorship routes for eligible refugeesBritain is set to introduce safe, legal pathways for refugees, allowing community groups and employers to sponsor arrivals. Simultaneously,...
- Kerala liquor policy to be decided after talks with coalition parties, says Kerala Revenue Minister A P Anil KumarKerala Revenue Minister A P Anil Kumar stated that any policy on tax cuts for low-alcohol beverages will be decided after internal UDF disc...
- Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...
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