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Michael Summersgill, chief executive of the platform, argued the GB ISA was «not the right solution» to boost investment in the UK economy or revive the health of the London stock market, suggesting the «extra complexity» would only further damage an ISA system that has «already become too complicated». GB ISA panel: Success for UK equities will be in the details «Our research shows complexity deters would-be retail investors from engaging with investing altogether, meaning that over the long term there is a high risk a UK ISA would actually be counterproductive,» he wrote. «We bel...

India's peak power demand hit the season's high of 235.06 GW on Wednesday mainly due to excessive use of cooling appliances like air conditioners and coolers amid severe heat waves in most parts of the country. According to the power ministry data, the peak power demand met or the highest supply in the day is recorded at 235.06 GW on Wednesday, which is the maximum so far in the summer season this year. The all-time high peak power demand of 243.27 GW was recorded in September 2023. The record is expected to be broken during this summer season. Earlier this month, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024.

Prashant Kishor has reacted to internet trolling of a recent interview he gave, telling netizens to "keep water ready." The remark reiterated his belief in the Bharatiya Janata Party's return to power in the 2024 Lok Sabha elections.The online jokes and jibes began after Kishor seemingly lost his cool when journalist Karan Thapar questioned the political pundit about making "wrong" result predictions in previous assembly elections.Also Read | Lok Sabha Elections 2024: What are the 'missed' opportunities by opposition? Here's Prashant Kishor's list of 3"Drinking water is good as it keeps both mind and body hydrated. Those who are RATTLED with my assessment of the outcome of this election must keep plenty of water handy on June 4th.

Mexico on Wednesday. The ghastly accident left more than 50 people injured.

Amit Shah on Thursday claimed that in the first five rounds of polling, «BJP has crossed 310» and that Congress Party is «not even getting 40 seats» this time. «INDI alliance has been wiped out in the first five phases. I am telling you, this time Congress is not even getting 40 seats and Akhilesh Yadav will not even get four seats,» said Shah addressing a poll meeting in Siddharthnagar in support of Domariyaganj BJP candidate Jagdambika Pal. He said that the PoK (Pakistan-occupied Kashmir) is a part of INDIA and the BJP will take it back. «Leaders of Pakistan say that PoK is theirs. Congress leaders also say that they (Pakistan) have an atom bomb. BJP people are not scared of atom bombs. PoK is and will remain part of India and we will take it back,» he said.

Election Commission of India's opposition to a plea for public disclosure of Form 17C, senior advocate and Rajya Sabha MP Kapil Sibal on Thursday questioned the hesitation of the apex poll body in releasing vote-related data on its website. «The ECI has filed an affidavit in the Supreme Court stating it has no legal mandate to upload Form 17 which is a record of votes polled at a polling station. Form 17 is signed by Presiding Officer and given to Polling Agent at the end of polling. The information is also directly sent to ECI. Now why does the ECI not put that data on website? What is their hesitation or problem?» Sibal said while addressing a press conference. «What can happen in the process is the number of votes that are counted would in fact be more than the number of votes that are polled. We don't know what's correct? But what is the hesitation of the ECI to put that data on record, on its website. Nobody can morph it,» he added.

Narendra Modi on Wednesday criticised INDIA bloc and said that it has been formed to protect corruption of ally parties. The remark came during his exclusive interview with Economic Times. When asked about the Opposition's claim that the government's anti-corruption drive is a targeted investigation, Modi responded, «These accusations from the Opposition seem to come from a fear of being caught and having their corruption exposed. »The fact is that INDI Alliance is a bloc that has been formed to protect each other's corruption, and the money that they looted from the citizens is there for everyone to see each time a corruption scandal is exposed," he added.

Asian shares are trading mixed, as investor sentiment in Tokyo was boosted by news in the U.S. about soaring Nvidia earnings

BBC stated. The website describes the Orama Bin Lager beer as “a light refreshing lager with a hint of citrus taste." Priced at £16.00, the drink recently went viral on social media garnering a lot of orders.

BJP said on Thursday that no one should hamper the probe into the alleged assault on AAP MP Swati Maliwal, claiming it is part of the investigation to ascertain who were present at Delhi Chief Minister Arvind Kejriwal's residence and the role they played when the incident occurred. «Who all were present at Kejriwal's residence from his family and office, the role they played and what they witnessed when Maliwal was being beaten up are part of the investigation. I am a spokesperson of the BJP, not the police. I will only request that no one should hamper the investigation,» Union Minister Smriti Irani said at a press conference. She was responding to a question about the AAP's attack on the BJP over the Delhi Police's move to question Kejriwal's parents over the issue. The fact that Kejriwal has been seen travelling with the accused, his aide Bibhav Kumar, signals where his loyalty lies in the case, she said.

Page Industries Ltd. rose 1.53 per cent to Rs 35747.0 in Thursday's trade. It hit an intraday high of Rs 36500.05 and low of Rs 35640.05, respectively, during the day. The stock quoted a 52-week high price of Rs 42850.0 and low of Rs 33100.0.

GAIL (India) Ltd. traded 0.32 per cent up in Thursday's trade at 11:16AM (IST). Around 724,870 shares changed hands on the counter. The scrip opened at Rs 202.35 and touched an intraday high and low of Rs 203.25 and Rs 199.55, respectively, in the session so far. Shares of the company of GAIL (India) Ltd. quoted a 52-week high of Rs 213.7 and a 52-week low of Rs 103.2.

Tata Power Company Ltd. traded 0.2 per cent down at Rs 446.7 on Thursday at around 11:26AM (IST), while the benchmark BSE Sensex advanced 359.09 points to 74580.15. As many as 284,369 shares changed hands on the counter with a total value of Rs 12.77 crore.

services and expansion of new export orders led to India’s private sector activity picking up in May, recording the third strongest increase since July 2010, according to the preliminary results of a private survey released Thursday. The HSBC Flash India Composite Output Index rose to 61.7 in May compared with 61.5 in the previous month. “The latest data showed strength in new export orders for both sectors, which rose at the fastest pace since the series started in September 2014,” said Pranjul Bhandari, chief India economist, HSBC.

Federal Reserve officials expressed growing concern about inflation during their most recent meeting, with many members hesitant to move forward with interest rate reductions.

Federal Open Market Committee gathering ending May 1 showed that, while participants assessed that policy was “well positioned," various officials mentioned a willingness to tighten policy further if warranted. “Participants noted disappointing readings on inflation over the first quarter," according to the minutes released Wednesday in Washington.

Also Read: Union Budget and the path forward for Indian RailwaysThe platform maintenance work will last nearly a fortnight and will result in the cancellation of many trains operating between Pune and Mumbai.Also Read: Buddha Purnima 2024: From banks to offices, what's open and what's closedAccording to an HT report, the Pune-Mumbai-Pune Pragati Express will stand cancelled from May 28 to June 2. Meanwhile, Pune Mumbai Intercity Express will be cancelled from May 31 to June 2.

Sensex gained 267.75 points, or 0.36%, to close at 74,221.06, while the Nifty 50 ended 68.75 points, or 0.31%, higher at 22,597.80.“Despite weak global cues, markets moved in a range and were positive for most part of the trading session aided by selective buying in IT, FMCG and realty stocks. The mood is currently of utmost caution, as investors don’t want to risk taking major exposure to equity assets with a couple of weeks left for the poll outcome," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.Here are key global market cues for Sensex today:The Gift Nifty today morning is trading lower by more than 10 points from Wednesday close.

Oil prices eased for a fourth straight day on Thursday on worries that U.S. borrowing costs could be hiked again if inflation surged, a move that could hurt oil demand. Brent crude futures fell 27 cents, or 0.3%, to $81.63 a barrel at 0004 GMT. U.S. West Texas Intermediate crude (WTI) futures were down 35 cents, or 0.5%, at $77.14.

Federal Reserve's most recent meeting but Nvidia's shares rose about 6% after the close on the semiconductor bellwether's stronger-than-expected revenue forecast. The news also drove gains in other chipmakers.

liquidity, as measured by bank borrowings from the Reserve Bank of India (RBI), has widened to the highest level in four months as tax outflows and constraints on government spending amid elections have left lenders with a cash crunch, pushing up overnight borrowing costs. The latest RBI data showed that as of May 21, net liquidity injected into the banking system was at ₹2.55 lakh crore, the highest since January 30. Fund injections by the RBI reflect banks' borrowings from the central bank's liquidity windows.