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Thursday, October 10, 2024
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Insurer ASR to consider sale of bank acquired in Aegon deal, source says

By Pablo Mayo Cerqueiro and Toby Sterling LONDON/AMSTERDAM(Reuters) - Dutch insurer ASR will consider a sale of its banking arm after completing its acquisition of rival Aegon's domestic operations, a

Oil prices rise further on stronger China outlook

By Ron Bousso LONDON (Reuters) -Oil prices rose by 1% on Monday to $88.50 a barrel, extending last week's gains on the back of a stronger outlook due to an expected economic recovery in top oil

Euro hits 9-month high as ECB hawks let fly

By Samuel Indyk and Wayne Cole LONDON (Reuters) - The euro hit a nine-month peak against the dollar on Monday as comments signalling additional jumbo interest rate rises in Europe contrasted with

India’s Gland Pharma misses Q3 profit view on supply chain issues

BENGALURU (Reuters) - Indian generic injectables maker Gland Pharma Ltd reported a lower-than-expected third-quarter profit on Monday, hurt by soft demand in its key markets and supply chain

Rupee reverses course after reaching two-mth high on RBI intervention

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee declined against the U.S. currency on Monday, after climbing to a near two-month high at open on dollar purchases by public sector banks likely for

Oil prices rise on stronger China outlook

By Ron Bousso LONDON (Reuters) -Oil prices rose on Monday to $88 a barrel, extending last week's gains on the back of a stronger outlook due to an expected economic recovery in top oil importer China

India’s Vistara reports first-ever quarterly profit

BENGALURU (Reuters) - Indian full-service carrier Vistara, a joint venture between Tata Sons and Singapore Airlines, on Monday reported a quarterly profit, its first since starting operations in

European stocks rise on economy optimism, euro hits 9-month high

By Elizabeth Howcroft LONDON (Reuters) - European stock indexes rose slightly in early trading on Monday, supported by hopes that inflation could be past its peak, as markets softened their

Amazon launches dedicated air cargo service in India as online sales soar

By Aditi Shah and Nandan Mandayam NEW DELHI/BENGALURU (Reuters) -Amazon.com Inc on Monday launched a dedicated air cargo service in India, Amazon Air, as it looks to expand and speed-up deliveries

Gold prices ease, softer dollar limits losses

By Arundhati Sarkar (Reuters) - Gold prices slipped on Monday as investors positioned for U.S. economic data this week that could influence the Federal Reserve's future policy, with a softer dollar

On Camera

News anchors studiously avoided PM Modi’s name on Haryana counting day—until about 10 am

Many Congress leaders would regret their words. From Pawan ‘Jalebi’ Khera to Supriya Shrinate, who told News 24 she would change her name if BJP wins more than '15-20 seats' in Haryana.

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%.

Massive in size & capable of heavyweight strikes. Russia’s S-70 Okhotnik is unlike any other drone

No clarity on whether it was shot down intentionally or accidentally.Some reports suggest that it was purposely brought down to prevent Ukrainians getting their hands on the drone.

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?