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Stocks take comfort from modest U.S. inflation rise, dollar falls

By Yoruk Bahceli and Ankur Banerjee (Reuters) - World stocks and government bonds rallied on Wednesday after data showing headline U.S. inflation eased last month slightly tempered expectations for

Dollar drops as inflation comes in below economists’ expectations

By Karen Brettell NEW YORK (Reuters) - The dollar dropped sharply on Wednesday after data showed that U.S. consumer prices rose less than expected in March, possibly reducing the odds that the Federal

European stocks touch new highs, all eyes on inflation, Fed minutes

By Yoruk Bahceli (Reuters) - European stock indexes hit new highs on Wednesday as markets anticipated crucial U.S. inflation data which could give signals on how soon the Federal Reserve will end its

Major currencies steady ahead of key U.S. inflation data

By Joice Alves LONDON (Reuters) - Major global currencies including the U.S. dollar were steady on Wednesday ahead of U.S. inflation data which investors will scrutinise for clues as to when the

Rupee in narrow range ahead of US inflation, Fed minutes

By Anushka Trivedi MUMBAI (Reuters) - The Indian rupee held a narrow range against the U.S. dollar on Wednesday as caution prevailed ahead of an inflation report that would influence the Federal

India’s PhonePe raises another $100 million from General Atlantic, other investors

BENGALURU (Reuters) - Walmart Inc-owned Indian payments firm PhonePe on Wednesday said it had raised an additional $100 million from General Atlantic and other investors as part of its ongoing $1

Oil steadies as market awaits key U.S. inflation data

By Ahmad Ghaddar (Reuters) -Oil prices steadied Wednesday as the market waited for U.S. inflation data later in the day that will likely influence the Federal Reserve's policy on interest rate hikes.

World markets pause with all eyes on inflation, Fed minutes

By Yoruk Bahceli and Ankur Banerjee (Reuters) - World stocks and bond yields stalled on Wednesday as markets anticipated crucial U.S. inflation data which could give signals on how soon the Federal

G20 financial watchdog seeks to learn from latest banking turmoil

By Huw Jones LONDON (Reuters) - The G20's financial watchdog on Wednesday said rules it introduced after the global financial crisis had prevented contagion from the latest banking sector turmoil, but

Dollar slips ahead of U.S. inflation data

By Rae Wee and Joice Alves SINGAPORE/LONDON (Reuters) - The dollar dipped on Wednesday with investors expecting U.S. inflation data out later in the day to hold some clues on how soon U.S. interest

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?