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Stocks and gold cheer cooler U.S. inflation, dollar slides

By Amanda Cooper LONDON (Reuters) -Global shares rose on Thursday, while the dollar held near two-month lows after U.S. inflation data suggested the Federal Reserve may soon be finished raising

Indian exports up 6% in year to end-March, Russian imports surge

NEW DELHI (Reuters) - India's exports of merchandise and services rose by 6% in the fiscal year to March 31, Indian government data released on Thursday showed, while imports from Russia surged. A

Oil stable as market weighs tight supply against U.S. recession risk

By Rowena Edwards LONDON (Reuters) -Oil prices were stable on Thursday as the market weighed the prospect of tight supply against possible recession in the United States, the world's largest oil

India’s NTPC likely to divest 25% of green energy arm via public offer – source

By Sarita Chaganti Singh NEW DELHI (Reuters) -India's largest power producer NTPC Ltd is likely to divest 25% of its green energy arm through a public offering this year after shelving a plan to sell

Dollar drops to two-month low on cooling U.S. inflation

By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) - The dollar fell to a two-month low on Thursday after data showed U.S. inflation slowed sharply in March, bolstering hopes that the

Stocks and gold cheer U.S. inflation picture, while dollar slides

By Amanda Cooper LONDON (Reuters) -Global shares rose on Thursday, while the dollar held near two-month lows after U.S. inflation data suggested the Federal Reserve may soon be finished raising

India’s NTPC weighs fresh offers for green unit – Bloomberg News

(Reuters) - India's largest power producer NTPC is considering fresh offers for a stake in its green arm after top bidder Petronas withdrew its offer, Bloomberg News reported on Thursday. Malaysia's

NTPC considers fresh offers for stake in green unit, reports Bloomberg News

Malaysia's Petronas withdrew its earlier offer saying a 20% stake was too small and would not give it a seat on the unit’s board.

Oil falls as investors cautious about U.S. recession risk

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices retreated on Thursday after rising for two sessions, with investors still showing lingering concern over a possible U.S. recession and weaker oil demand.

India opens investigation into alleged violation of foreign exchange rules by BBC – source

NEW DELHI (Reuters) -India's financial crime-fighting agency has opened an investigation into alleged violations of foreign exchange rules by the BBC, a source with direct knowledge of the matter told

On Camera

Indian industry in Bangladesh is staring at a void. New Delhi must give line of credit to Dhaka

For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.


Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?