Hyundai IPO Off to a Quiet Start
The company plans to raise up to ₹27,870 crore, positioning it as the largest IPO in the Indian equity market since Life Insurance Corporation of India (LIC) raised ₹21,000 crore in 2022…reports
Reeves hints at rise in employer national insurance
Chancellor says businesses will understand balancing the books is necessary for fiscal stability…reports Asian Lite News Rachel Reeves has dropped her strongest hint yet that she is planning to raise employer national
UK overseas aid budget faces £900m raid
With the amount spent on refugees and asylum seekers this year on course to hit £3.6bn, the sum available for international projects must be cut again, warns thinktank…reports Asian Lite News Ministers
Pressure mounts on Reeves to drop £1.3bn cut to benefits for disabled
The leading independent thinktank, the Resolution Foundation, has called on the chancellor to drop or delay changes to the work capability assessment…reports Asian Lite News Rachel Reeves is coming under intense pressure
‘India’s Digital Push Expected to Add $900B’
The report provided data showing that smartphone penetration in the country has reached 72.3 per cent, reflecting the growing access to digital tools and services among the population…reports Asian Lite News India’s
Reeves ‘must find billions more’ in time for Budget
The government has promised no return to “austerity” for public services and a boost to government investment, designed to kickstart growth…reports Asian Lite News Chancellor Rachel Reeves will need to come up
Investment Summit strikes change of tone
The Labour government has invited sovereign wealth funds, businesses and infrastructure funds to attend with the aim of showing the country is “open for business”…reports Asian Lite News A marketing call for
Reeves to borrow billions for investment
The chancellor told the cabinet on Tuesday she wanted to change how the Treasury accounted for capital spending to reflect its benefits, as allies say she intends to finalise her debt rule
Red Flags for Gig Workers in India
Only Bigbasket and Urban Company achieved the top score in Fair Pay by establishing a minimum wage policy that guarantees workers earn at least the local hourly minimum wage after work-related costs…reports
UK steel industry calls for protectionist measures
UK Steel, a lobby group, said the global industry has 543m tonnes of excess steel, 70 times more than the UK uses each year, in analysis published on Monday…reports Asian Lite News