Live news updates: Hong Kong may ease quarantine rules as airline bans reach 100 for year

Saudi Arabia will spend more than $5 billion on social security payouts and shoring up strategic reserves, as the oil rich kingdom feels the bite of global inflation. Saudi Arabia has fared relatively well in managing inflation, with consumer prices rising by 2.2 per cent last month, but Saudis have begun to feel the impact … Read more

Live news updates: Covid-19 outbreak spreads in eastern Chinese province

Welcome to independence week. The big one — the celebration of 1776 and all that — kicks off across the US on Monday. But from Algeria to Venezuela, Argentina to South Sudan, disconnecting from former colonial powers is a strong theme — and a source for public holidays around the world — for the next … Read more

News updates: BJP’s National Executive meeting to start in Hyderabad today

Live news updates: The two-day Bharatiya Janata Party (BJP) National Executive meeting will start in Hyderabad today. The meeting will be attended by BJP national president JP Nadda, Prime Minister Narendra Modi, Union Home Minister Amit Shah, Chief Ministers of 19 states and other BJP senior leaders at Hyderabad International Convention Centre. … Read more

LIVE News updates: Sitharaman to release assessment report of states, UTs

Live news updates: Union Finance Minister Nirmala Sitharaman will release the assessment report of the States and Union Territories under ‘Business Reforms Action Plan (BRAP), 2020’ in the presence of Union Commerce Minister Piyush Goyal today. Prime Minister Narendra Modi will participate in the ‘Udyami Bharat’ programme at Vigyan Bhawan in … Read more

Live news updates: Chinese tech shares boosted by easing fears over US rate increases

Now would seem a good time for central bankers to get together and brainstorm some ways of getting their economies out of a global inflationary crisis. So thank goodness for the European Central Bank’s annual Forum on Central Banking, a gathering amid the palaces in the pretty Portuguese Riviera town of Sintra to discuss the … Read more

LIVE news updates: Had ‘suspected’ the rebellion, backstabbed, says Uddhav

Live news updates: Amid the ongoing political crisis in Maharashtra, Chief Minister Uddhav Thackeray on Friday said that he had “suspected” the rebellion and revealed that Eknath Shinde who turned rebel, had raised the issue in front of him of the MLAs willing to go with the BJP. However, Thackeray said … Read more

Russia to default for first time in a century as payment deadline looms – live updates

Russia – Contributor/Getty Images Russia is poised to default on its international debts for the first time in a century this Sunday, after time runs out for Moscow to make about $100m of overdue payments. After narrowly swerving a default in April, Vladimir Putin faces a symbolic blow after failing to pay international creditors in time. A … Read more