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Banking volatility eases as regulators refine responses

By Sruthi Shankar and Francesco Canepa (Reuters) - Immediate investor concerns over the banking sector eased on Tuesday, lifting stock prices, with the European Central Bank's supervisory chief saying

Capex trend of corporates likely to grow at 10-12% in FY24, says Fitch Ratings

Capex was flat over FY19 to FY21 and grew 16% in FY22. The forecasts are for 8 state owned enterprises and 21 privately held Fitch-rated corporates in India.

Dollar falls again as banking sector fears ease, yen climbs

By Kevin Buckland and Harry Robertson TOKYO/LONDON (Reuters) - The U.S. dollar fell on Tuesday as receding fears of a full-blown banking crisis slowed demand for so-called safe haven assets. But the

Safe-haven dollar slips as bank fears ease; yen, Aussie soar

By Kevin Buckland TOKYO (Reuters) - The U.S. dollar slid for a second day against major peers on Tuesday as receding fears of a full-blown banking crisis sapped demand for the safest assets. The yen,

Stocks gain, dollar slides, as banking fear eases

By Xie Yu HONG KONG (Reuters) - Global stocks rose and the dollar softened on Tuesday, as a deal backed by the U.S. regulator for First Citizens BancShares to buy failed Silicon Valley Bank soothed

Oil prices soften; banking crisis and Chinese demand in focus

By Laura Sanicola and Sudarshan Varadhan (Reuters) -Crude prices retreated on Tuesday after rallying the previous session, with markets focused on developments in the banking crisis and indications of

Indian shares open higher as global banking fears ease

BENGALURU (Reuters) - Indian shares opened higher on Tuesday, tracking a rise in global equities on easing concerns over the banking system. The Nifty 50 index was up 0.21% at 17,020.50 as of 9:39 a.m

Stocks gain, US treasury yields rise as banking fear eases

By Xie Yu HONG KONG (Reuters) - Global stocks and U.S. bond yields rose on Tuesday, as a U.S. regulator-backed deal by First Citizens BancShares to buy failed Silicon Valley Bank soothed wider worries

Safe-haven dollar slides as bank fears ease; yen surges

By Kevin Buckland TOKYO (Reuters) - The U.S. dollar slid for a second day against major peers on Tuesday as receding fears of a full-blown banking crisis sapped demand for the safest assets. The yen,

Oil prices little changed; supply concerns, banking crisis in focus

By Laura Sanicola Crude prices moved in a narrow range in early Asian trade on Tuesday after rallying in the previous session, with oil markets focused on developments in the banking crisis as well as

On Camera

Prajwal Revanna case shows why and how sexual crimes by men in politics can go unchecked for years

It would be a disservice to the women of Hassan to look at Prajwal Revanna’s alleged abuse of power as a ‘sex scandal’. Allegations against him show what ‘absolute power corrupts absolutely’ actually means.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.