Divine Lifestyle
The IMF’s latest outlook points to a slowing global economy due to persistent geopolitical tensions, particularly in West Asia. Growth is projected to slow to 3.1 percent in 2026, even as inflation continues to rise, with even worse consequences likely if energy disruptions intensify. India appears relatively untouched for now with a growth rate of…
The UK is preparing to tighten its path to permanent residence, with plans to double the eligibility period for most migrants and extend it even further for some groups. But researchers and campaigners say that these changes will not yield the results the government expects. The proposals, led by Shabana Mahmood, will increase the standard…
A decade after its launch, UPI has now become the backbone of India’s digital payments, with a scale that has made everyday transactions seamless but has also exposed new risks. As our first editorial notes, Fraud has increased rapidly, primarily through authorized push payment scams where users are manipulated into transferring funds themselves. The RBI’s…
Jackson Group on Monday said its revenue in FY26 grew 13 per cent to Rs 9,000 crore from a year ago, of which distributed energy business (DEB) contributed about Rs 2,300 crore. The company announced a major expansion of its energy solutions portfolio with five products: Jackson Genset Xtra, BESS, Solar Kits, Mobile Light Tower…
The Iran war is undermining economic optimism across the Gulf and wider MENA. Do governments have the financial firepower to absorb the shock? The Middle East is shuddering from its biggest crisis in decades. The US-Israeli war with Iran is shaking the entire region, testing Gulf economic resilience, and disrupting global trade and oil markets….
Over the past few years, the financial sector judged cross-border payments on two simple metrics: speed and cost. Financial institutions spent resources to shave a few seconds off processing time and reduce intermediary fees. Although those factors still matter, they are no longer the ultimate finish line. Today, the industry faces a newly defined frontier…
“Currently, most AI engagements are focused on delivering quick results, which is why fixed-price and managed service models are more prevalent than effort-based pricing. Over time, this is expected to gradually shift towards outcome-based models. However, this change is not significant yet and will last in the long term,” he told Business Standard. Although slow,…
Like most governments, our government also did not anticipate the crisis. Nevertheless, once the scale of the disruption became clear, it worked on several fronts to contain the damage. The Commerce Ministry restored the 50% reduction in eligibility under the Remission of Duties and Taxes on Export Products (RoDTEP) scheme and extended the full eligibility…
According to the report of the National Center of Seismology (NCS), an earthquake of 4.9 magnitude occurred in the Indian Ocean on Sunday morning. The NCS, sharing details in a post on Twitter, said the quake occurred at a depth of 10 kilometres. NCS said, “EQ of M: 4.9, Date: 12/04/2026 08:10:38 IST, Latitude: 1.806…
The United States and Iran held a third round of historic, face-to-face talks in Pakistan before dawn on Sunday, days after announcing a fragile, two-week ceasefire as the war that has killed thousands and roiled global markets entered its seventh week. Two Pakistani officials said discussions between the heads of delegations would resume after a…
