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Economy
Will 2022 be a normal year for world economy?
November 16, 2021 05:38 PM AEDT| By Toshiva JainThe present world economy is looming as several market changes are taking place around the globe. Be it the energy crisis, or the fall of China’s property market or the high inflation in most economies; economists are in an acute situation to.....
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Is levying carbon tax on companies possible?
November 15, 2021 11:45 PM AEDT| By Priya BhandariCarbon pricing is a raging topic all over the world. The carbon pricing is basically pricing the emissions of greenhouse gases (GHGs), essentially estimating the costs of climate change and the damages that should be put on producers and customers .....
How Britons are embracing digital financial age
November 14, 2021 12:43 AM AEDT| By Priya BhandariHighlights Britons are progressively using money apps, internet banking and contactless cards. The use of fintech has grown by 86% now using online technology in their daily financial lives. The country expects further increase in the number o.....
Why ending Triple lock state pension could be damaging
November 14, 2021 12:40 AM AEDT| By Priya BhandariHighlights Recently, the UK government has confirmed a one-year suspension of the triple lock formula for annual state pension increase. Work and Pension Secretary Therese Coffey has said the state pension will be determined by either 2.5% or .....
How to plan your investment with inflation touching new highs
November 12, 2021 02:01 AM AEDT| By Rishika RainaThe risks related to sticky inflation and economic stagnation are hovering over the UK economy and their persistence is expected over the upcoming years. Disruptions due to Brexit, followed by supply chain problems and soaring energy costs, have le.....
Merck’s Covid-19 pill gets nod from Britain
November 05, 2021 08:24 PM AEDT| By Rishika RainaHighlights Britain becomes the first country worldwide to approve Merck’s newly developed COVID-19 antiviral pill. Britain's MHRA recommended molnupiravir for high-risk patients, but this is the first approval given to an oral antiviral .....
FTSE 100 businesses forefront climate change initiatives at COP26
November 04, 2021 09:10 PM AEDT| By AbhijeetHIGHLIGHTS 60 FTSE 100 companies have pledged to go carbon neutral by 2050 More than 5,200 businesses have joined the UN Race to Zero Poland and Chile have committed to eliminate coal usage With the growing consciousness around climate c.....
10 scenarios that can rock the world in 2022
November 04, 2021 06:58 PM AEDT| By Rishika RainaWhile the world is recovering from the catastrophic impact of the coronavirus pandemic and is expected to gain momentum in the coming months or years, the Economist Intelligence Unit (EIU) has come out with its Risk Outlook 2022 report, which has l.....
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How global banks can help in controlling greenhouse gas emissions
November 04, 2021 01:22 AM AEDT| By Rishika RainaAmid the ongoing COP26 UN Climate Change Conference being hosted by the UK , hundreds of the biggest banks and pension funds across the globe have come together to mitigate the greenhouse gas emissions with financial assets worth US .....
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95% mortgage: All you need to know
November 03, 2021 11:09 PM AEDT| By Priya BhandariHighlights A 95% mortgage refers to Loan-to-value (LTV) of owning a house, 95% of the house price will be covered by a mortgage, while 5% of the mortgage to be stumped up as a deposit. The government’s Mortgage Guarantee Scheme help.....
What does Australia's Retirement Income Covenant have in store for retirees
November 03, 2021 09:11 PM AEDT| By Akanksha VashishtBig changes lie ahead for the Australian Superannuation fund holders as Australia’s Retirement Income Covenant is set to be effective from July 1st, 2022. Superannuation, or “Super”, as the Aussies call it, is one of the most impo.....
Why COP26 Summit is so crucial now
November 01, 2021 11:42 PM AEDT| By Priya BhandariThe COP26 stands for “conference of the parties” under the United Nations Framework Convention on Climate Change, and the summit aims to reach a consensus to implement the 2015 Paris Agreement, where 200 countries around the world agree.....
Pandemic troubles persist as Covid cases in England climb 1 million
October 30, 2021 02:04 AM AEDT| By AbhijeetHIGHLIGHTS Pandemic hardships for UK economy and businesses continue Covid-19 infections in England remain over 1 million in week ending 22 October Infection ratio is worst in Wales where 1 in every 40 individuals have Covid-19 The pandem.....
Can you give away stocks as donations?
October 28, 2021 05:38 PM AEDT| By Rishika RainaDonating stocks instead of cash is always a better option considering the interest of both parties. A wide range of charities, schools, hospitals, and other non-profit organisations prefer receiving stocks as gift or donation as it provides them wi.....
Autumn Budget 2021: Top 10 highlights to note
October 28, 2021 02:16 AM AEDT| By Rishika RainaHighlights Inflation levels can touch 4% next year as per OBR estimates. The economy will grow by 6.5% this year and will bounce back to its pre-pandemic size by 2022. Unemployment is set to peak at 5.2%. Chancellor of the Exchequer Rishi.....
Autumn Budget: Top 10 expectations from Sunak
October 27, 2021 07:14 PM AEDT| By Rishika RainaHighlights The Autumn Budget is due to be delivered by Chancellor Rishi Sunak at the parliament on Wednesday. The Budget is set to come ahead of a rough winter due to rising fears of inflation and soaring energy prices, which have negativ.....
What's the new proposed open-ended investment fund?
October 26, 2021 10:18 PM AEDT| By Priya BhandariThe UK’s Financial Conduct Authority (FCA) is all set to create a new type of open-ended authorised investment fund, which will support investment in assets such as private equity and infrastructure. The proposal will mean investors and thos.....
China plans new property tax; here’s how it may hit Australia
October 26, 2021 01:51 PM AEDT| By AshishHighlights China has announced plans to roll out a pilot real estate tax amid the ongoing rise in real estate speculation across the country. The National People's Congress Standing Committee has provided the nod to the latest plan to promote ".....
This is the greatest cyber threat of our times
October 24, 2021 12:38 AM AEDT| By Priya BhandariHighlights According to thematic research of GlobalData, online information and hacking that purposely attempts to undermine the authority of government leaders, poses the considerable threat to state stability. These attacks need high level of.....
UK launches world’s first green savings bond: What the savers can get?
October 22, 2021 10:47 PM AEDT| By Suhita PoddarHighlights The UK launched the world’s first retail green savings bond, issued by the National Savings and Investments The move follows after the UK has raised a total of £16 billion in green sovereign bonds since the last month .....
AI on the Rise: A Look at Top AI Companies and Their Stocks