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Oil dips $2 on global economic concerns

By Arathy Somasekhar HOUSTON (Reuters) -Crude oil prices slipped on Tuesday on concerns about a global economic slowdown and an expected build in U.S. oil inventories. Brent futures for March delivery

Stocks, dollar slip on soft data, corporate outlooks

By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) - U.S. stock indexes and the dollar were flat on Tuesday after bellwether companies posted some profit beats but warned of a tough year ahead,

Oil dips $1 on global economic concerns

By Arathy Somasekhar HOUSTON (Reuters) -Crude oil prices dipped on Tuesday on concerns about a global economic slowdown and expected build in U.S. oil inventories. Brent futures for March delivery

Dollar up after data signals brighter outlook for U.S. business activity

By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar rose against the euro on Tuesday after data showed U.S. business activity contracting for the seventh straight month in January but with signs the

India’s Macrotech Developers profit rises on deferred tax gain

BENGALURU (Reuters) - India's Macrotech Developers Ltd, formerly known as Lodha Developers, on Tuesday reported a rise in quarterly profit on the back of deferred tax gains. Profit rose 41.4% to 4.05

India’s United Spirits Dec-quarter profit falls as sales drop, expenses weigh

BENGALURU (Reuters) - Indian alcoholic beverage maker United Spirits Ltd on Tuesday reported a 64.4% slump in quarterly profit, hurt by soaring input costs, falling sales and a one-time expense. The

Nomura hires top ICICI banker to head India ECM business-sources

By Sriram Mani MUMBAI (Reuters) - Nomura Holdings has tapped Mahesh Natarajan to head its equity capital markets business in India, two sources with direct knowledge told Reuters, a top-level

Nomura hires top ICICI banker to head India ECM business – sources

By Sriram Mani MUMBAI (Reuters) - Nomura Holdings has tapped Mahesh Natarajan to head its equity capital markets business in India, two sources with direct knowledge told Reuters, a top-level

European shares slip, euro firm as data tees up ECB rate hikes

By Alun John LONDON (Reuters) - The euro held near a nine-month high against the dollar on Tuesday, though European stocks eased after regional business activity data reinforced expectations that the

Dollar pinned near nine-month low vs euro, yen bounces

By Amanda Cooper LONDON (Reuters) - The dollar hovered near nine-month lows against the euro and surrendered recent gains against the yen on Tuesday, as traders weighed up the diverging economic

On Camera

Ratan Tata’s least acknowledged and biggest contribution was to Assam

Ratan Tata took TISS to Assam, saved a sinking Tata Tea out of concern for workers, and brought Northeastern people at the forefront of India’s hospitality industry.

RBI’s policy-setting body keeps rates unchanged for 10th straight time, changes stance to ‘neutral’

Change in stance signals possibility of rate cuts, potentially as early as December, depending on inflation trends & global economy. Growth projection for FY 2024-25 retained at 7.2%.

Amid concerns about use of Chinese parts in drones, Army general urges industry to be transparent

Maj Gen CS Mann, ADG, Army Design Bureau, cites national security concerns. This comes after intelligence agencies flagged use of Chinese components in drones purchased by armed forces.

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?