Lakshmi N Mittal, a big steel sector industrialist of Indian origin, has decided to leave Britain. He is among the richest industrialists of the United Kingdom and has decided to leave Britain because there the tax on the rich can be increased by up to 20 percent. The Labor Party led government may bring a proposal to increase taxes on the country’s super rich industrialists.

Lakshmi N Mittal is still living in Britain and is regularly included in the list of the richest people there. According to ‘The Sunday Times’, Lakshmi N Mittal is now considering going to Dubai. According to the report, Lakshmi N Mittal, founder of ‘ArcelorMittal Steelworks’, has an estimated wealth of 15.4 billion pounds in 2025 and is the eighth richest man in Britain.

‘The Sunday Times’, citing sources close to Lakshmi N Mittal, claimed that he has become the latest billionaire to leave Britain ahead of the much-awaited budget to be presented by Chancellor Rachel Reeves on Wednesday (November 26, 2025).

According to the report, in this proposal presented by Chancellor Rachel Reeves, tax on the rich can be increased by 20 percent. The newspaper claimed that Lakshmi N Mittal already owns a mansion in Dubai and has now bought large tracts of land in a lucrative development project on the nearby Nea Island in the United Arab Emirates (UAE). Lakshmi N Mittal was born in Rajasthan, but her family shifted to London in 1995. He has many luxurious houses in Kensington Palace Gardens, which also includes ‘Taj Mittal’ made of marble.

Before Lakshmi N Mittal, tech entrepreneur Harman Narula and Revolt co-founder Nick Storonsky have also shifted to UAE to avoid taxes. Experts say that this decision of the Labor government can also affect the investment of industrialists in the UK. He says that this is a matter of great concern for the industrialists who have created wealth here through hard work. Lakshmi N Mittal owns a 38 per cent stake in ArcelorMittal, worth £23.35 billion, and is also a long-time major donor to the Labor Party.

There is a tussle between Britain and Russia after the laser attack on Britain’s Royal Pilot. Britain alleges that while monitoring a Russian spy ship in British waters near Scotland, Russia has launched a laser attack on a Royal Air Force reconnaissance aircraft, P-8A.

Britain alleges that the Russian ship tried to distract the British pilot through laser attack. After this attack, England’s Defense Minister John Haley has warned Russia. He has said, ‘For the first time, a Russian spy ship ‘Yantar’ has used laser to stop British Air Force pilots monitoring their activities near UK waters.’

If space moves towards us, military option ready: John Haley

The British Defense Minister said in a warning tone, ‘My message to Russia and Putin is this, we are watching you. We know what you’re going through and if Yantar heads south this week, we’re ready. We have all military options ready.

Haley said that we deployed a Royal Navy frigate and RAF P-8 aircraft to keep an eye on every activity of this ship. During this, Yantar fired lasers at our pilot. This action by Russia is extremely dangerous and this is the second time this year that this ship, Yantar, has been deployed in British waters.

Russia gave this answer

The Russian Embassy in London has responded to Britain’s allegations. Russia has said that our country’s actions do not affect the interests of the United Kingdom. Its purpose is not to weaken its security. We have no interest in British underwater communications.

Russia made its intentions clear

Russia is at loggerheads with Britain due to its military aid to Ukraine. Recently France has also announced to give 100 Rafale fighter jets to Ukraine. In such a situation, Russia has made its intentions clear by deploying the Yantar spy ship in Europe.

The murder case of Hardeep Singh Nijjar is once again in the headlines. Conversations intercepted by British intelligence helped Canadian authorities establish links between India and the killing of a Khalistani leader, according to a new investigative documentary.

These claims, shown in the Bloomberg Originals documentary, have sparked a new debate amid ongoing diplomatic efforts to improve strained relations between India and Canada. According to the documentary, Britain’s electronic intelligence agency GCHQ intercepted the phone call, in which discussion was seen about three possible targets Hardeep Singh Nijjar, Avtar Singh Khanda and Gurpatwant Singh Pannu.

What is the claim of the documentary?
The documentary claims that these intercepts were shared with Canada in late July 2023 under the Five Eyes intelligence-sharing alliance, which includes the UK, US, Canada, Australia and New Zealand. The report states that this intelligence proved to be a breakthrough in the Royal Canadian Mounted Police (RCMP) investigation of Nijjar’s murder.

Intelligence given under strict conditions
The intelligence information was reportedly given under strict conditions. It was delivered personally to Ottawa and kept away from electronic systems. Intercepted conversations reportedly indicate that individuals working on behalf of the Indian government discussed how to successfully eliminate Nijjar.

These revelations have started a fresh investigation in Britain. The Sikh Federation UK has reportedly written to Security Minister Dan Jarvis seeking an explanation as to why British officials did not disclose this intelligence when asked by MPs representing the Sikh communities.

Canada accused of giving place to Khalistanis
India has denied any involvement in Nijjar’s murder and described the allegations as absurd and politically motivated. New Delhi has repeatedly accused Ottawa of giving space to extremist Khalistani elements from Canadian soil.

read this also

American Donald Trump is in trouble, ruckus over ‘Trump Wine’ in military canteen, know what is the whole matter

Britain’s King Charles, taking major action against his younger brother Prince Andrew, has snatched away all his titles and honors. Not only this, an order has also been issued to evict him from his royal residence Royal Lodge. According to the announcement of Britain’s Buckingham Palace, King Charles III has decided to take the remaining royal titles from Prince Andrew. This action has been taken against Prince Andrew regarding the illegal sexual relationship case.

According to the report of news agency AP, a statement from Buckingham Palace said, “King Charles has today formally begun the process of abolishing all titles, styles and honors of Prince Andrew.” After this decision, Andrew will no longer be called by any royal title. Now he will be known as Andrew Mountbatten Windsor.

Prince Andrew denies all allegations
Till now, he had legal protection under the lease of the Royal Lodge, but now a formal notice has been issued so that he can leave the property and move into a private residence. The Palace said that this step is necessary. However, Prince Andrew has denied all the allegations against him.

Why was this decision taken?
Prince Andrew, 65, is the third son of the late Queen Elizabeth II and Prince Philip. For the past few years, his name has been in the news continuously due to controversies related to late American billionaire and sex offender Jeffrey Epstein. Andrew is accused of having illicit relations with Epstein’s close aide Virginia Roberts Giuffre when she was a minor.

Prince Andrew has always rejected these allegations. Due to these controversies, Andrew already had to give up his title of Duke of York, but now amidst increasing public pressure and media criticism, King Charles has taken this drastic step to save the image of the royal family.

read this also

Amount of Rs 2 crore, connection with former minister and kidnapping of children… Inside story of studio scandal in Mumbai

Local people are extremely shocked and worried by the incident of rape of an Indian origin woman in Park Hall area of ​​Walsall, England. Britain’s Home Minister Shabana Mahmood has condemned the incident through a post on social media. He said that this incident is a horrific crime and because of it there is an atmosphere of fear in the Sikh community.

A man has been arrested and is currently in police custody after a 20-year-old woman was raped due to race on Saturday evening. West Midlands Police is interrogating him. On the incident, Shabana Mahmood wrote in a post on social media, ‘The incident of rape on the basis of race in Walsall is a terrible crime. My condolences are with the victim and her family.

He said, ‘I know how much fear the local Sikh community must be feeling. I have sought assurance from the police and local leaders that they will do everything possible to help all those affected by this crime. Shabana Mahmood said: ‘I urge anyone with information about this incident to come forward and contact West Midlands Police as soon as possible.’

Local councilors in Walsall held a meeting with police on Monday evening to provide updates on the investigation. Councilor Ram K. Mehmi said, ‘I am shocked and disappointed. What happened to that girl cannot be tolerated. Indian-origin Mehmi is the founder-trustee of the local Sri Guru Ravidas Temple in Darlaston.

He said, ‘I have been living here for 61 years and I have never heard of any such case. The local community is deeply concerned as this is the second (racially motivated) attack in the West Midlands. Police had released CCTV footage of the suspect on Sunday. The accused was said to be a white man around 30 years old.

An Indian-origin shopkeeper in Walsall said, ‘I am completely shocked to know about the incident. A customer told me about it and I could not believe that something like this could happen in such a peaceful colony. He said, ‘I am from India and have been living here for a few years. This is a very diverse area and there has never been any racial incident here.

Police had arrested some people after a similar incident happened with a British Sikh woman in Oldbury last month, but the accused were later released on bail.

Indian Commerce Minister Piyush Goyal said that why western countries are pointing fingers only at India for purchasing Russian oil, while many countries of Europe themselves are demanding discounts on Russian oil from America. At the Berlin Global Dialogue, Piyush Goyal said that Germany is asking for exemption, whereas Britain has already got this exemption.

India’s Nayara Energy Company, controlled by Russia’s Rosneft, is among the two major Russian oil companies on which the US has imposed sanctions. He says that this will increase pressure on Moscow to stop military aggression in Ukraine.

Piyush Goyal raised the issue

Speaking at the Berlin Global Dialogue, Piyush Goyal asked why India was held responsible for new US sanctions on Rosneft and Lukoil, while Germany and Britain had sought exemption for their Rosneft subsidiaries. He said, ‘Britain has probably already got permission to buy oil from America.’

‘Why is India being targeted?’

Bryant said the issue was the recent sanctions imposed on Rosneft and that Britain has resolved its issues with Germany and the US will do the same. Goyal asked him then why only India is being targeted?

What answer did the British minister give?

The UK Trade Minister responded that the German case related to a specific subsidiary of Rosneft. When Piyush Goyal told that Rosneft also has a subsidiary in India, Kyle said, come talk to us. My door is always open.

The US has imposed sanctions on Russian oil companies, Rosneft and Lukoil, to stop the war in Ukraine amid Donald Trump’s growing frustration with Russian President Vladimir Putin. Regarding which a very strong reaction has come from Russia.

read this also

‘I will die…’, Indian man stranded in Saudi Arabia pleads for help, video goes viral

Britain has taken a big decision by further tightening its economic measures against Russia. This time, not only Russia, but some oil companies of India and China have also come under target. The British government has imposed new economic sanctions to stop Russia’s funding of the ongoing war in Ukraine. The most disturbing thing about these sanctions is that it also includes the name of India’s big energy company Nyra Energy, which has been buying huge quantities of crude oil from Russia.

This decision has been taken at a time when the British Prime Minister has recently returned from a tour of India. A few days later, Britain announced these new restrictions. The government says that the purpose of these steps is to weaken Russia’s economic power and to stop its funding for the Ukraine war. British Chancellor Rachel Reeves said that Russia is now gradually exiting the global oil market and Britain will ensure that no country or company can support its oil trade. On the matter, British Chancellor Rachel Reeves said, “We will put pressure on all those companies which are helping Russia.” Whether they are in India or China. There is no place for Russian oil in global markets now.

Reason for ban on Nyara Energy

India’s Nyara Energy is a major private oil refinery company, which purchased oil from Russia at a record level last year. According to reports, in the year 2024, Nyara Energy imported 100 million barrels of Russian crude oil, which was worth about 5 billion dollars (about 41 thousand crore rupees). The British government expressed displeasure that some companies of India and China are strengthening its economy by buying oil from Russia. The government believes that this purchase gives Russia the economic capacity to continue fighting in the Ukraine war, therefore these sanctions imposed on Nyra Energy are part of Britain’s effort to tighten the noose on any economic partner of Russia.

Action against Russian oil companies and tankers also

Britain has imposed sanctions not only on the Indian company but also on two big Russian oil companies and its ‘shadow fleet’. Shadow fleets are ships that transport Russian oil to different countries while avoiding maritime surveillance. According to the government, the number of these ships is about 44 and they carry millions of barrels of oil to global markets every day. Britain says that blacklisting these tankers and companies will make it very difficult for Russia to do international oil trade. These sanctions will affect insurance, payments and port services, which will have a direct impact on Russia’s oil supplies.

Impact on global oil market

This move by Britain has created new uncertainty in the global oil market. If Russia’s supply is restricted, there may be a temporary rise in oil prices. At the same time, Russia can sell oil at a huge discount to retain its old customers, which may also reduce prices in some countries.

UK policy and international response

This step of Britain is being considered a part of a larger geopolitical strategy. The government’s aim is to show that now those doing energy trade with Russia will also have to take responsibility. However, this decision is also raising the possibility of some economic tension between Britain and India, because companies like Nyara Energy play an important role in meeting India’s energy needs. Nevertheless, the British government says that its priority is to weaken Russia’s economic strength and not to spoil relations with other countries.

India will buy American oil

A new chapter is going to open in the trade relations between India and America. Amidst the ongoing trade deal negotiations between the two countries, the Indian government has indicated that it is ready to increase the purchase of American oil and gas. This decision is not only important from the business point of view, but it can also give a new direction to the economic and political cooperation between the two countries.

India’s new policy in oil trade

India has long been trying to strike a balance in its policies regarding energy security. America has been a major energy partner for India. A few years ago, India was importing oil and gas worth about $25 billion from America, but in recent months this figure has come down to $12 to 13 billion.

Also read: Trump Remarks Row: ‘India will not buy oil from Russia’, Congress fires on Trump’s statement, says – ‘PM Modi praises from here, but from there…’

The governments of India and Britain have signed a big defense agreement. According to this agreement, Britain will now supply lightweight multirole missiles to the Indian Army. This defense deal of $ 468 million (about Rs 3,884 crore) took place in India’s financial capital Mumbai during the meeting of Prime Minister Narendra Modi on the second and last day of British Prime Minister Keir Starmer’s first visit to India.

British Defense Ministry issued statement after agreement with India

The British Defense Ministry has issued a statement on Thursday (October 9, 2025) regarding this defense agreement. Britain’s Defense Ministry has termed this agreement as important for the deepening strategic relations of its defense industry with India. The ministry said, ‘Under this agreement, Low Weight Multirole Missiles (LMM) manufactured in Belfast, UK, will be supplied to the Indian Army, which gives a significant boost to the UK defense industry.’

These live-weight multirole missiles, also called Martlets, are air-to-air, surface-to-air and surface-to-surface missiles.

More than 700 jobs will be protected in Britain due to the agreement with India

The ministry said, ‘This defense deal will secure more than 700 jobs in Northern Ireland, because the air defense missiles and launchers being made for India are the same ones that Belfast is currently making for Ukraine.’

According to the British Defense Ministry, this agreement can pave the way for a comprehensive complex arms partnership between India and Britain, for which talks are currently going on between the two countries.

Why is this defense agreement important for India?,

This defense agreement with Britain regarding light-weight multirole missile is very important for India. Although India already has a variety of missiles, the modern, light and multirole missiles received from Britain will help the Indian Army to respond immediately during any possible attack. These light-weight multirole missiles can be used both on land and sea. Due to which it will further increase the strategic flexibility of the Indian Armed Forces.

Also read: The Peace President… Who gave Trump a new title before the announcement of the Nobel Peace Prize?

A big drop in the prices of premium British whiskey brands may soon be seen in India in the coming days. The main reason for this is the visit of British Prime Minister Keir Starmer to India to finalize the trade agreement between India and Britain, in which special attention is being given to British-made whiskey.

In fact, India is the largest consumer of Scotch and whiskey in the world in terms of quantity. British whiskey brands like Chivas Regal, Ballantine, The Glenlivet, Glenfiddich and Johnnie Walker are in great demand in the Indian market. In such a situation, the huge demand for Scotch whiskey in India has been driven by the rapidly growing middle class and changing tastes towards luxury imported products.

During Prime Minister Narendra Modi’s visit to London in July this year, the Comprehensive Economic and Trade Agreement (CETA) was signed between India and Britain, which promises to make expensive liquor cheaper. This agreement will not only affect foreign brands, but the prices of IMFL (India-Made Foreign Liquor) brands sold in the Indian market will also come down.

After three years of talks, India-UK After CETA signature on

This trade agreement between India and Britain comes after three years of difficult negotiations, which were further intensified by circumstances like US President Donald Trump’s tariff tension. At present, British Prime Minister Keir Starmer is on a tour of India. Along with him have also come members of the Scotch Whiskey Association and executives of big companies like Diageo, the manufacturer of Johnnie Walker. The purpose of this visit of the British Prime Minister to India is to strengthen India-UK relations in trade, fintech, defense and other areas. However, the liquor sector is garnering the most headlines in this agreement, in which the agreement regarding Scotch whiskey is being seen as a big success.

Annual sale of whiskey in India can reach one billion dollars

According to Downing Street estimates, annual sales of Scotch whiskey in India could reach $1 billion. This will create more than 1000 new jobs in Scotland, benefit the UK economy by 190 million pounds every year and bilateral trade between the two countries could increase to 25.5 billion pounds ($34 billion) by 2024. With this step, consumers in India will be able to get premium whiskey at affordable rates.

Also read: ‘If his name was Asad and not Rakesh Kishore…’, what did Owaisi say about the lawyer who threw shoes at CJI?

British Prime Minister Keir Starmer reached India on Wednesday (October 8, 2025) on a two-day visit. Earlier, during the plane journey, he had shared a funny incident on his Instagram. In which he is telling the passengers that your Prime Minister is in the cockpit. No, this is not an air safety announcement.

Keir Starmer said these things while greeting the passengers on British Airways flight 9100 to Mumbai. Let us tell you that Starmer is running Britain’s biggest ever trade mission in India. He said that it is really wonderful to have all of you with us. I look forward to working with you as we explore all the opportunities in our new free trade agreement.

Reached India with more than 125 businessmen and officials
Starmer’s mid-air message to more than 125 businessmen and officials was not just about cabin camaraderie but was also a symbolic start to what London hopes will be a major economic partnership with New Delhi.

On the invitation of Prime Minister Narendra Modi, the British PM has arrived on a two-day visit to India. During this visit, both the leaders will take stock of the progress made in all aspects of the India-UK comprehensive strategic partnership in line with Vision 2035. Let us tell you that India-UK Free Trade Agreement (FTA) has been signed in July 2025.

what is fta
The focus of the Modi-Starmer bilateral talks will be on the opportunities presented by the India-UK Comprehensive Economic and Trade Agreement (CETA), better known as the FTA, which will remove tariffs on more than 90 per cent of goods once approved by the UK Parliament.

Heald, Chairman of the UK India Business Council (UKIBC), said that the UK-India Corridor is one of the most promising economic relationships globally and we look forward to supporting growth based on innovation, opportunity and mutual ambition. Heald will also address a session on small and medium enterprises in India.

read this also

Here America is giving tension, on the other side British Prime Minister Keir Starmer reached Mumbai with good news, know how India will benefit.