Brexit

Raghuram Rajan top contender for the post of Bank of England chief

The former RBI chief has an impeccable record while serving at multiple economic institutions during his career as an economist.

Jun 12, 2019

What is milkshaking? Here's all you need to know about UK's latest political trend

The latest episode of milkshaking was in Newcastle against Brexit leader Nigel Farage.

May 21, 2019

40,000 for Sensex, 12,000 for Nifty clear possibility before elections end

Benchmark indices Sensex and Nifty have broken out of the consolidation phase rallying for four straight sessions to hit all-time highs of 39, 363 and 11,810, respectively.

Apr 17, 2019

Time for stock-specific play as 7-phase elections begin; market remains flat

Traders brace for increased volatility that could continue until government formation after general election results on May 23; volatility index India VIX rises.

Apr 11, 2019

Meghan Markle is harming the British economy amid Brexit

Apparently, Meghan Markle's choice for overseas attires has been causing a lot of trouble to the British economy.

Mar 23, 2019

Tata Motors mulls stake reduction in Jaguar Land Rover

The British luxury carmaker has been struggling for a while now due to a slowdown in China and a shift in consumer preference away from diesel and combustion engines.

Mar 1, 2019

Brexit 'airbags' being tested by business with 40 days to exit day - KPMG

With just 40 days until the United Kingdom is due to leave the European Union, businesses are testing their emergency Brexit preparations to ensure they have enough cash and staff in the event of a disorderly exit, KPMG said.

Feb 17, 2019

How will Brexit affect India?

So far, Brexit talks between England and the EU have not been fruitful and there are concerns that Britain might have to leave the Union without a deal which may have severe economic impact including a recession in England.

Feb 10, 2019

Asia stocks gain, euro struggles after dovish ECB

Asian stocks inched higher on Friday, buoyed by gains in U.S. technology shares, but gains were capped by worries over slowing growth in Europe and caution ahead of several key events next week including U.S.-China trade talks.

Jan 25, 2019

Theresa May suffers severe defeat over Brexit deal, opposition calls no-confidence vote

Within minutes after the defeat, opposition Labour leader Jeremy Corbyn announced that his party would move a motion of no-confidence against May's government, to be held on Wednesday.

Jan 16, 2019

Ford to cut thousands of jobs as part of restructuring plans, may shut down plants

While the automaker did not specify the number of employees that would be affected, it did reveal that the number could go up to "thousands," and would include salaried as well as hourly workers.

Jan 11, 2019

Putin hints at marriage, says 'as a decent person, I will have to do that sometime'

During his annual press conference, the Russian president spoke on many issues such as Brexit, international relations, and the state of the economy. However, his remarriage is something that has now garnered the maximum attention.

Dec 21, 2018

May survives no-confidence vote triggered by Conservative MPs

After winning 200 votes to 117 or 63 per cent of the total ballots on Wednesday night, May is now immune from a leadership challenge for a year.

Dec 13, 2018

UK can unilaterally cancel Brexit, rules EU court

The court in a statement said: "When a member state has notified the European Council of its intention to withdraw from the EU, as the UK has done, that member state is free to revoke unilaterally that notification."

Dec 10, 2018

UK PM Theresa May expected to delay Brexit vote, demand better deal: Report

Theresa May's spokesman said on Friday the vote would go ahead next week despite calls from some lawmakers for a delay.

Dec 10, 2018

EU approves Theresa May's Brexit deal; UK Parliament to vote in December

The UK Parliament is expected to vote on the deal in early December but its approval is by no means guaranteed, with Labour, the Lib Dems, the SNP, the DUP and many Conservatives MPs set to vote against.

Nov 26, 2018

British PM Theresa May vows to move on with her Brexit plan

The prime minister made the statement as she is facing a possible leadership challenge after Jacob Rees-Mogg, a leading eurosceptic in her Conservative Party, sought a non-confidence vote over her draft agreement to leave the European Union (EU) in March 2019.

Nov 16, 2018

Theresa May seeks backing from cabinet for Brexit deal

Theresa May said the cabinet had had a long, detailed and impassioned debate and the draft withdrawal agreement was the best that could be negotiated with Brussels.

Nov 15, 2018

UK toughens immigration laws, visa to get costlier for Indian and non-EU immigrants

As per the new UK visa plan, the IHS will set an immigrant back by £400 instead of the current £200. Meanwhile, students and immigrants on the youth mobility scheme will have to pay a discounted amount of £300 each year.

Oct 14, 2018

No Netflix & Spotify for Britons under no-deal Brexit

British travelers will be having some hard time streaming their favorite movies and TV shows on Netflix and listen to songs on their Spotify accounts if they will be heading to the European Union.

Oct 13, 2018