UK updates immigration and university fee policies: Expedited visa, sponsorship costs rise – see details

The United Kingdom has announced fresh hikes for in-country expedited immigration services, effective October 21, Tuesday, continuing a trend of significant hikes over the past two years.Expedited processing of sponsorship management requests for worker, temporary worker, or student sponsors now costs GBP 350, up 75% from GBP 200. Meanwhile, priority service for sponsor licence applications…

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‘Strong immunity to Western restrictions’: Russia hits out as Trump sanctions its oil firms; ‘step entirely counterproductive’

Russia said that recent US sanctions targeting its oil sector could potentially undermine diplomatic initiatives. (AI image) Russia has slammed Donald Trump administration’s sanctions on its oil firms saying that the move undermines efforts for peace, adding that it is immune to any such restrictions.Russia said that recent US sanctions targeting its oil sector could…

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Low costs, tech focused & more: How can Indian exports stay competitive? Explained

The global economy is slowing down and trade dynamics are undergoing a change.At a time like this, India needs to evaluate its export strategies, with focus on long-term competitiveness through technology, cost efficiency, and domestic production, Ajay Srivastava, founder of the Global Trade Research Initiative (GTRI) explainedSpeaking to ANI, Srivastava said, “The focus should be…

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More sanctions for Russia! After US, EU announces penalties for Russian oil; efforts to push Putin into peace talks

After United States, the European Union has also imposed sanctions on Russia, targeting the country’s oil industry in efforts to intensify international efforts to block the funds that Moscow depends on to sustain its invasion of Ukraine.Earlier on Wednesday, US President Donald Trump had announced sanctions on Russian oil firms.Ukrainian President Volodymyr Zelenskyy welcomed the…

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Samvat 2081 recap: How much wealth top 10 businesses made since last Diwali—this group emerges as biggest wealth creator

India’s biggest business houses delivered a mixed performance during Samvat 2081, with some posting stellar gains while others struggled to keep pace.Bharti Group, led by Sunil Mittal, emerged as the top wealth creator of the year with its combined market value surging to a whopping 24.8%, driven by a strong rebound in Bharti Airtel’s profitability….

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No oil from Russia soon? Trump sanctions to hit India’s crude imports; ‘all but impossible for flows to continue’

Indian refiners anticipate a significant decline in Russian oil imports, potentially even reaching zero. (AI image) The Donald Trump administration’s latest move to sanction major Russian oil firms Rosneft PJSC and Lukoil PJSC will likely make it almost impossible for India to continue procuring crude from Russia. Analytics firm Kpler reports that Russian oil made…

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More curbs on China? Trump admin mulls restrictions on ‘any and all critical software’: Report

Trade tensions between Washington and Beijing might rise further as the US is planning its next move against China, after the 155% tariff threat.The Trump admin is reportedly preparing a response to China’s recent rare earth export restrictions by limiting shipments of US software-powered products to Beijing, a US official told Reuters. The proposed measures…

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Bank holiday on Bhai Dooj: Will banks remain shut on October 23? Check state-wise list

Diwali celebrations across the country are almost over with the arrival of BhaiDooj.As the festival of lights spans across almost 5 days in several states, many people are wondering whether banks are open or closed today, on October 23.This year, October had many bank holidays including Gandhi Jayanti, Navratri ending, Vijayadashmi, Naraka Chaturdashi, Laxmi Puja,…

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Asian stocks today: Markets trade in red tracking Wall Street’s losses; Nikkei down almost 800 points, Kospi sheds 1%

Stock markets in Asia struggled on Wednesday, mirroring Wall Street losses as investors weighed worries that this year’s tech-driven rally may be approaching its limits. Hong Kong’s HSI fell 22 points or 0.09% to 25,759. Nikkei traded at 48,509, shedding 797 points or 1.6%. Shanghai and Shenzhen also traded in red, down 0.66% and 0.87%,…

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