Page 5 - Uk

Switzerland to exchange crypto info with India, 73 other countries

Switzerland on Friday proposed an automatic exchange of information on crypto assets with India and 73 other countries, a move likely to help track funds stashed by Indians abroad in virtual currencies. India and Switzerland already have an automatic exchange of information framework in place for bank accounts and other financial assets held by Indians in Switzerland, and vice versa. The two countries exchange this information yearly, and it has helped Indian authorities unearth many cases of undisclosed funds stashed abroad by Indians. While there are no clear-cut regulations as yet in India on cryptocurrencies, they are regulated from the perspective of anti-money laundering laws. The Reserve Bank of India has consistently maintained that it is concerned about cryptocurrencies as they can hamper financial stability, but these virtual currencies are considered legal tender in various other countries. While there are no official estimates, it is suspected that a large number of ..

Russia has lost over 1 million troops in Ukraine war, CSIS report estimates

The CSIS report calls the Russia-Ukraine war one of the slowest offensives in modern times, with staggering losses on both sides and Kyiv surviving due to vital international support

UK unveils defence strategy embracing AI, drones, nuclear capabilities

The new defense strategy warns that the threats the UK faces "are more serious and less predictable than at any time since the Cold War

UK to build more submarines, boost warhead spend in message to Moscow

Monday's review comes after a period of underinvestment in the country's defence industry that has seen the size of the UK army shrink to its smallest since the Napoleonic era

Minivan rams into crowd at Liverpool parade, dozens injured in crash

A 53-year-old man drove into fans celebrating Liverpool's Premier League title in the city centre, injuring 27 people including four children, as police ruled out terrorism

EU, UK impose new sanctions on Russia's shadow fleet of oil tankers

The European Union on Tuesday agreed to impose fresh sanctions on Russia, notably targeting almost 200 ships from the shadow fleet illicitly transporting oil to skirt Western restrictions put in place over Moscow's war in Ukraine. The 27-nation bloc targeted 189 ships in all, and imposed asset freezes and travel bans on several officials as well as on a number of Russian companies. The measures were endorsed by EU foreign ministers in Brussels. EU foreign policy chief Kaja Kallas said that while President Vladimir Putin feigns interest in peace, more sanctions are in the works. Russia's actions and those who enable Russia face severe consequences. Russia uses its shadow fleet of ships to transport oil and gas, or to carry stolen Ukrainian grain. The EU has now targeted almost 350 of the ships in total. The new measures are not obviously linked to Russian delays in agreeing to a ceasefire. Work on the measures began in the days after the last package was finalised three months ...

What does the British royal family and King Charles III cost the UK?

Assessing the true cost of the monarch's finances is a murky business, both opaque and highly secretive, with a myriad of rules and customs serving to stifle public debate.

In UK, a new English language test may challenge Indian migrants

UK Labour government proposes stricter English rules for migrant dependants, citing integration and employment issues, with implications for Indian-born residents

UK HC rejected Nirav Modi's bail keeping in mind sheer quantum of fraud: ED

"A part of the defrauded amount that was attached and seized by it has been restituted (restored) to the victim banks," ED added

British govt proposes tightening visa rules to reduce legal migration

The measures - outlined in the Immigration White Paper that will be released Monday - propose new graduate level requirements for skilled visa applicants and limits on lower-skilled visas

Explained: India-UK free trade agreement: What’s in it for Indians?

India and the United Kingdom have finally signed the long-awaited Free Trade Agreement, a deal that took over three years and dozens of negotiation rounds. But how does it impact you, as an Indian?

Donald Trump confirms trade pact with UK: 'Many other deals to follow'

Trump hails 'comprehensive' US-UK agreement as first in series of major deals; says pact will cement long-standing ties, press conference set for 10 am at Oval Office

India-UK FTA highlights: Whiskey, luxury cars set to get cheaper

As the world watched India’s bold military action under ‘Operation Sindoor’, the country made an equally calculated and impactful move on the global economic stage.

UN judge gets 6-year sentence in UK for holding Ugandan woman as slave

A United Nations judge studying at Oxford has been sentenced in the UK for keeping a Ugandan woman as an unpaid domestic worker in her home

UK court defines 'woman' as biological; JK Rowling, others applaud

UK court rules 'woman' means biological female under law; JK Rowling, Martina Navratilova, and others hail decision amid fierce debate over trans rights

UK Supreme Court rules 'woman' means biological sex, excludes trans women

Can someone be legally recognised as a woman if not born female? The UK's top court will decide today in a case that could reshape sex-based rights and gender laws

UK deploys military planners to tackle Birmingham waste, rat crisis

The UK government on Monday called in military planners to help local officials combat the health crisis of mounting rubbish and rats on the streets of Birmingham as talks remain ongoing to resolve a nearly month-long strike by the city's bin collectors over a pay dispute. Birmingham City Council had declared a major incident at the end of last month with around 17,000 tonnes of waste uncollected across the city in the West Midlands region of England. Ministers and local council members have since been focussed on addressing rising concerns of risks to public health and damage to the environment. "The government has already provided a number of staff to support the council with logistics and make sure the response on the ground is swift to address the associated public health risks, a UK government spokesperson said. "In light of the ongoing public health risk, a small number of office-based military personnel with operational planning expertise have been made available to Birmingh

Rishi Sunak rewards aides, allies with honours in resignation list

Former British prime minister Rishi Sunak has rewarded his former Cabinet colleagues, Downing Street aides and advisers in his resignation honours list released by the UK government on Friday. While his former housing secretary Michael Gove and former transport secretary Mark Harper are among seven allies elevated with life peerages to the House of Lords, former ministers Andrew Mitchell and Theresa Villiers have been conferred with Knight and Dame Commander honours respectively. Former England team cricketer James Anderson and filmmaker Matthew Vaughn are among those granted Knighthoods in the honours list. Sunak, 44, was Britain's first Indian heritage prime minister until July 4 last year, when as the Conservative Party leader he lost the general election to Labour's Keir Starmer. It is customary for an outgoing prime minister to request the British monarch to grant peerages, knighthoods, damehoods or other awards in the British honours system to his chosen political allies and

UK financial watchdog's Indian-origin CEO re-appointed for second term

Nikhil Rathi, the Indian-origin chief executive of the UK's Financial Conduct Authority (FCA), was on Thursday re-appointed to his post for a second term by the Chancellor of the Exchequer Rachel Reeves. Describing Rathi's leadership of the financial watchdog as crucial to the government's reform agenda, Reeves said she wanted him to go further in his efforts to boost economic growth and investment during his new five-year term. The FCA, as a regulator for the UK's financial markets and over 40,000 financial services firms, is in charge of holding them to account. Nikhil Rathi has been crucial in this government's efforts to reform regulation so it supports growth and boosts investment I am delighted he will be continuing his leadership of the FCA, Reeves said in a statement from the UK's Treasury department. We want the FCA to go further and faster to deliver this government's Plan for Change and we look forward to continuing to work together to achieve this, she said. The Treas

UK to support India in the internationalisation of rupee currency

The FM is currently in the UK for the 13th Economic and Financial Dialogue between the two countries