Getty Images Prices in the UK rose by 3.2% in the year to November, down from 3.6% recorded in October. However, inflation remains well above the Bank of England’s 2% target. The Bank moves interest rates up and down to try to keep inflation at that level. Six cuts since since August 2024 have brought…
Russian President Vladimir Putin shakes hands with Hungarian Prime Minister Viktor Orban during a meeting in Moscow, Russia, November 28, 2025. Alexander Nemenov | Via Reuters One of Russia’s last remaining allies in the European Union told CNBC he believes there is no way forward for proposals to fund the rebuilding of Ukraine via frozen…
Maruti Suzuki India (MSIL) on Wednesday said it has crossed cumulative production of 3.5 million units of the WagonR across three generations since the model’s launch in December 1999, placing it alongside the Alto and Swift among the company’s highest-volume cars. The WagonR is currently manufactured at Maruti Suzuki’s plants in Gurgaon…
Recently news outlets reported that layoff announcements have reached pandemic levels, which is highly concerning, but certainly not unforeseen. At the beginning of 2025, the World Economic Forum reported that 41% of organizations were planning to trim their workforces in the face of rapidly advancing AI. In the second half of the year, six in…
The Securities Market Code Bill, introduced in the Lok Sabha on Thursday, proposes a sweeping overhaul of India’s securities law framework, including expanding the Securities and Exchange Board of India (Sebi) board to up to 15 members from the current nine, strengthening governance norms and enhancing investor protection, PTI reported.The Bill seeks to reinforce Sebi’s…
Michael RaceBusiness reporter Getty Images Interest rates have been cut to 3.75%, the lowest level in almost three years, but further reductions are set to be a “closer call”, the Bank of England has said. In a knife-edge vote, policymakers voted 5-4 in favour to lower rates from 4% reflecting concerns over rising unemployment and…
The Central government is most likely to come out with some decision in the next month to address the sugar industry’s concerns on rising glut due to surplus production that could translate into mounting sugarcane dues, Food Secretary Sanjeev Chopra said today. The decisions could be related to the long-pending demand of…
As the 2026 midterm elections approach, the perceptive and pocketbook-focused American voter is concerned about one thing above all: the cost of living. According to a new report from Goldman Sachs chief U.S. political economist Alec Phillips, this economic frustration has placed President Trump’s aggressive tariff regime in the political and legal crossfire, creating a…
Gold prices edged lower on Thursday, with the February contract slipping Rs 580, or 0.43%, to Rs 1,34,314 per 10 grams, as weak global cues weighed on precious metals, analysts said. In overseas markets, Comex gold futures for February delivery declined by $12.6, or 0.29%, to $4,361.3 per ounce, while silver futures for March 2026…
The economy cabin of American Airlines A321XLR. Leslie Josephs/CNBC American Airlines is about to fly passengers to California for the first time on a skinny, long-range plane that it hopes will change air travel. The airline’s head of network planning now has to decide where else it should fly. The first Airbus A321XLR for a…