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Friday, April 26, 2024
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Economy

Tepid US data hits stocks, lifts Treasury yields to over 5-month high

By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) -Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech

Gold gains despite higher US Treasury yields, weaker dollar lends support

By Ashitha Shivaprasad (Reuters) - Gold prices firmed on a weaker dollar on Thursday, even as U.S. Treasury yields rose after economic data showed signs of persistent inflation, lowering hopes of the

Equities fall amid earnings gloom, as persistent inflation lifts Treasury yields

By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) - Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech

Oil steadies as US fuel demand concerns face Middle East supply risks

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were steady on Thursday as concern about fuel demand after slower-than-expected U.S. economic growth was offset by worries of supply disruptions as

Dollar sags after US GDP and inflation surprise, except against yen

By Alden Bentley, Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) -The U.S. dollar eased against most currencies on Thursday in tight seesaw trade after data showed the economy

Tepid economic data weighs on equities; yen sinks to fresh lows

By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) - Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech

Oil eases on US fuel demand concerns

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of retreating fuel demand in the United States. Brent

No fresh cases of ETO reported after Dec 2020 by EU for Indian export of organic products: Official

New Delhi, Apr 25 (PTI) No fresh cases of ethylene oxide (ETO) -- a cancer-causing pesticide -- were reported after December 2020 by...

Rupee rises 5 paise to settle at 83.28 against US dollar

Mumbai, Apr 25 (PTI) The rupee appreciated 5 paise to close at 83.28 against the US dollar on Thursday on the back of...

RBI cautions public against using unauthorised prepaid payment entities

New Delhi , April 25 (ANI): The Reserve Bank of India (RBI) has urged the public to exercise utmost caution while using websites or...

On Camera

Maps from a German bookstore started the race to Siachen Glacier

German mountaineers Stallbohm and Poncar recall their interactions with Col. Narendra ‘Bull’ Kumar and shed light on the maps they gave him which drew his attention to Siachen.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.