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Pound hits 10-month peak, euro up as dollar under pressure

By Alun John LONDON (Reuters) - The British pound rose to a new 10-month high against the dollar on Tuesday, and the euro reached its highest in two months, as the U.S. currency continued to suffer

Shares rise, but risks of inflation flare-up pick up

By Amanda Cooper LONDON (Reuters) -Global stocks rose in cautious trade on Tuesday as investors grappled with the possibility of a flare-up in inflation due to the OPEC+ group's surprise output target

Pound hits highest since June, euro up as dollar under pressure

By Alun John and Rae Wee LONDON/SINGAPORE (Reuters) - The pound rose to a new 10-month high against the dollar on Tuesday, and the euro reached its highest in two months, as the greenback continued to

Shares rise, but concern mounts over inflation flare-up

By Amanda Cooper LONDON (Reuters) -Global stocks rose in cautious trade on Tuesday as investors grappled with the possibility of a flare-up in inflation due to the OPEC+ group's surprise output cut,

World Bank lowers India current fiscal year growth forecast to 6.3%

NEW DELHI (Reuters) -The World Bank on Tuesday lowered its forecast for India's economic growth in the current fiscal year that started on April 1 to 6.3% from 6.6% as it expects higher borrowing

AMNS Luxembourg inks $5 billion loan deal with Japanese banks to fund India JV

(This March 31 story was corrected on April 4 in the headline and throughout to clarify parent company of ArcelorMittal-Nippon Steel India signed loan deal and not the JV) BENGALURU (Reuters) -

Asia stocks down on inflation, growth concerns; RBA hits pause

By Julie Zhu HONG KONG (Reuters) - Asian stocks slipped on Tuesday as investors grappled with inflation concerns in the wake of the surprise cuts to the OPEC+ group's oil output targets, while

Adani Group’s JV in talks for first dollar loan since Hindenburg, reports Bloomberg News

Data centre provider AdaniConneX, a joint venture with Virginia-based EdgeConneX, will use the money for capital expenditure, with a five year tenor under discussion, the report said.

Gold slips as traders gauge OPEC+ output cuts, weak US data

By Kavya Guduru (Reuters) - Gold prices fell on Tuesday as traders assessed the likely path of the Federal Reserve's monetary policy after data showed a slump in U.S. manufacturing activity and OPEC+'

Aussie tumbles after RBA pauses rate hikes, dollar rebounds

By Rae Wee SINGAPORE (Reuters) - The Australian dollar slipped on Tuesday after the central bank held interest rates steady, while the greenback regained some of the ground lost when data showed a

On Camera

Gaza, Ukraine being fought on techno-battlefields. Indian military is 3 decades behind

My assessment is that the Indian armed forces are adopting emerging technologies for incremental change and not transformation—which is the need of the hour.

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?