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The Bank of England is expected to maintain interest rates at a 16-year high of 5.25% Thursday, but a cut wouldn’t be a huge surprise as inflation falls from multi-decade highs

The average rate on a 30-year mortgage fell for the first time in four weeks, a slight relief for home shoppers already facing the challenges of rising housing prices and a shortage of homes for sale

The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target

A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital ...

U.S. stocks rose to pull the S&P 500 back within 1% of its record following a rough April

Yemen’s Houthi rebels have claimed responsibility for two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage

Modi 3.0 governance plan, beginning with the first 100 days agenda, is expected to include 50 to 70 important goals and recommendations to establish the tone and intent of the new government. These will be arranged in order of significance and priority. While the list now stands at 75-80 goals and proposals, the intention is to reduce it to 50, sources in the know said. With the Lok Sabha 2024 result less than a month away, the government is in the final stages of drafting a new governing agenda for the next term. This will contain the first 100 days of planning, as well as midterm and long-term goals.

KL Rahul's future as Lucknow Super Giants skipper has become a topic of intense debate after his team received a pasting at the hands of Sunrisers Hyderabad on Wednesday. It is being speculated that the skipper may step down and concentrate on his batting in the remaining two games. However since it's a matter of just two games, Rahul is expected to continue as leader of the pack. «There is a five-day gap before the next game against DC. As of now, no decision has been taken but it is understood that if Rahul plans to just concentrate on his batting for the remaining two games, no one would mind,» an IPL source told PTI on conditions of anonymity. A video of LSG owner Sanjiv Goenka's agitated conversation with Rahul emerged on social media after Sunrisers Hyderabad openers Travis Head (89 not out off 30 balls) and Abhishek Sharma (75 off 28 balls) bludgeoned the LSG attack to overhaul the 167-run target in less than 10 overs.

News of slowing demand for electric vehicles highlights the hazards of the federal government’s Soviet-style mandate that 100 per cent of new light-duty vehicles sold must be electric or plug-in hybrid by 2035 (with interim targets of 20 per cent by 2026 and 60 per cent by 2030 and steep penalties for dealers missing these targets).

enforcement agencies against its candidates or office bearers. A BJP spokesperson, however, denied that the Opposition was being targeted for political reasons. Uddhav Balasaheb Thackeray (UBT) Sena's candidate for Mumbai North-West, Amol Kirtikar, has received a notice from Enforcement Directorate hours after he filed his nomination. The notice was in a case of 'providing substandard khichdi' to migrant workers after the Modi government's overnight nationwide lockdown to stop the spread of Covid-19. Similarly, Nashik police served UBT Sena district chief Sudhakar Badgujar with an 'externment' notice. He has several cases against him and it is not clear why the notice was served on him. However, he was in the news for allegedly dancing in a farmhouse in 2016 with Salim Kutta, an aide of gangster Dawood Ibrahim convicted in the 1993 Mumbai serial blasts case. The notice was served hours after Shiv Sena minister Dada Bhuse said, during a campaign for Sena MP Hemant Godse, that CM Eknath Shinde should look into the Badgujar and Kutta issue. Godse is engaged in a tough fight with UBT Sena's Rajabhau Waje in Nashik.

QI Research CEO Danielle DiMartino Booth and Parametric Managing Director for Fixed Income SMA Nisha Patel discuss the impact inflation is having on the U.S. economy on 'Making Money.'

Shares of Arm Holdings fell 6% on Thursday as the chip designer's downbeat annual revenue forecast cooled some of the enthusiasm around the stock following its AI-powered jump in recent months. The slide was set to wipe out more than $8 billion in market value at the current level of $99.51.

Honda R&D (India), a unit of Honda Motor Co, on Thursday said it has commissioned a new R&D centre in Bengaluru to accelerate electrification in India. Honda has set a global target of achieving carbon neutrality in all its products and corporate activities by 2050. The company is working to make a wide range of its products carbon neutral in terms of their power sources. In the motorcycle business, Honda is aiming to achieve carbon neutrality for all its motorcycle products during the 2040s, Honda R&D (India) said in a statement.

fashion brands is a matter of concern as they contribute 50% of the business of Nexus Select Trust which operates 17 malls across the country with over 10 million sq ft of space, Dalip Sehgal, Executive Director and Chief Executive Officer told ET. Blackstone backed India’s first publicly listed retail Real Estate Investment Trust (REIT) is looking to invest Rs 1,000 crore in acquiring three malls in Hyderabad to take the total portfolio to 20 malls and 11 million sq ft. “The way fashion brands are doing is a matter of concern for us but other category such as electronics and beauty are growing by 18-20% and helped us in achieving the target. In fashion segment also, some of the D2C brands are doing really well so the existing brands need to reinvent and I believe the second half of the year will be better,” said Sehgal.

ALSO READ: Sanjiv Goenka seen ‘publicly scolding’ KL Rahul; netizens fume, ‘can’t humiliate a senior Indian player like this’ "This team has shown resilience over the last two years, and we'll show it again. Thank you for sticking with us, LSG Brigade (sic)," it added. Batting first, LSG set a target of 166 runs in 20 overs for SRH.

By Murtaza Haider and Stephen Moranis

Montreal police say they arrested four people in an organized crime bust that also led to the seizure of drugs, guns and millions of dollars.

But the decision was not unanimous, as the nine members of the Monetary Policy Committee were split. Seven voted to hold rates and two opted to cut by 0.25 percentage points to 5%. Governor Andrew Bailey, Sarah Breeden, Ben Broadbent, Megan Greene, Jonathan Haskel, Catherine Mann and Huw Pill all voted in favour of the proposition. The two diverging members were Swati Dhingra and Dave Ramsden. The decision comes as inflation remained above the Bank's 2% target at 3.2%. How is potential central bank monetary policy divergence affecting asset allocation? Bailey had previously sign...

IPL matches against each other so far. GT and CSK have each won three matches. GT’s highest total against the Super Kings is 214.

Yemen's Houthi rebels on Thursday claimed two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage, while also saying they targeted a ship in the Indian Ocean in a previously unreported assault. The claims by Brig. Gen. Yahya Saree come as the tempo of the rebel attacks have waned in recent weeks as they've been targeted by repeated airstrikes launched by a U.S.-led coalition warship in waterways crucial to international trade. The Houthis insist their assaults will continue as long as Israel's war on Hamas in the Gaza Strip goes on. Saree in a prerecorded statement claimed attacks on the MSC Diego and MSC Gina. The Joint Maritime Information Center, a U.S.-led coalition of nations operating in the Mideast, said those two missile attacks happened early Tuesday.

Indian Hotels Company, Central Depository Services (India) Ltd (CDSL) , Welspun Enterprises , Sterling and Wilson Renewable Energy (SWSOLAR) are the four stock picks by Yes Securities for the month of May'2024. Central Depository Services (India) Ltd (CDSL).