scorecardresearch
Friday, October 4, 2024
HomeBusiness

Business

Indian govt raises rates on most small savings schemes for April-June qtr

NEW DELHI (Reuters) - The Indian government has increased interest rates on most small savings schemes for the April-June quarter, it said on Friday. The interest rate on the national savings

India’s April-Feb net tax receipts at 17.32 trln rupees – govt data

(Reuters) - India's net tax revenue in the 11 months through February was 17.32 trillion rupees ($210.74 billion), government data showed on Friday. Total receipts for the government until February

Euro gains as European inflation data indicates more rate rises ahead

By Alun John and Tom Westbrook LONDON/SINGAPORE (Reuters) - The euro was heading for its best week since mid-January on Friday after inflation data left markets positioned for more rate rises in the

India’s foreign exchange reserves rise to $578 billion, highest in over eight months

India's forex reserves rose for a second week, increasing by $5.98 billion & stood at its highest since early July, according to RBI's statistical supplement. The rupee ended at 82.16 Friday.

India’s IDBI Bank gets tribunal nod to set off accumulated losses of 453.96 billion rupees

MUMBAI (Reuters) - India's IDBI Bank Ltd on Friday said its proposal to set off accumulated losses has been approved by the National Company Law Tribunal (NCLT). The bank will set off accumulated

Shares and bonds ride high after soothing euro zone data

By Marc Jones LONDON (Reuters) - Share markets pushed for a fifth straight day of gains on Friday and bonds headed for their best month since 2008, as a record monthly drop in the euro zone's

Financials, IT aid Indian shares snap three-month losing streak

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares advanced on Friday, aided by high-weightage information technology (IT) and financials stocks as investors find valuations attractive after a

Oil dips, set for monthly drop, ahead of key U.S. inflation data

By Shadia Nasralla LONDON (Reuters) -Oil prices dipped on Friday, with benchmarks heading for their weakest monthly performances since November, ahead of key U.S. inflation data which could give clues

ArcelorMittal-Nippon Steel India JV signs $5 billion loan deal with Japanese banks

BENGALURU (Reuters) - ArcelorMittal SA on Friday said its Indian steelmaking joint venture with Asian peer Nippon Steel Corp has entered into a $5 billion loan deal with a consortium of Japanese

Euro rises as euro zone countries report inflation data

By Alun John and Tom Westbrook LONDON/SINGAPORE (Reuters) - The euro was set for its best week since mid January on Friday ahead of inflation data that will shape the ECB's interest rate plans, while

On Camera

I met Hezbollah leader Hassan Nasrallah in 2005. He told me he was an admirer of MK Gandhi

Shuttle diplomacy at a high level is indicated, along the lines of the famous Kissingerian shuttles following the 1973 Arab-Israeli war.

#ByeByeAP to #LuluBackInAP: Naidu’s moves to make Andhra ‘business friendly’ & woo back investors

The Jagan Reddy govt has been accused of scuppering various investment deals. Under Naidu, the govt, is trying to make AP a top investment destination, officials and industrialists say.

‘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?