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China’s semiconductor chips are down thanks to US pressure, and Modi govt is ‘seizing the moment’

Modi government is trying to pitch India as a favourable location for chip manufacturing companies at a time when US restrictions are hobbling China’s semiconductor ambitions.

Dollar rises on safe haven bids; yen regains footing

By Rae Wee SINGAPORE (Reuters) - The dollar rose broadly on Thursday as growth concerns about the U.S. economy drove demand for the safe-haven greenback, while the yen renewed its ascent as investors

Clean fuels, road safety, EVs…but also snazzy cars: Auto Expo wraps up with ‘highest ever turnout’

This year's Auto Expo saw turnout of over 6.63 lakh despite it being a less star-studded affair than usual. Missing in action were the 3 luxury car makers, Mercedes Benz, BMW, and Audi.

Treasury yields fall after U.S. data, stocks decline

By Caroline Valetkevitch NEW YORK (Reuters) - U.S. 10-year Treasury yields fell to a four-month low on Wednesday as data showed U.S. retail sales declined more than expected in December, while the yen

India govt switches bonds with cenbank in a cash-neutral deal

MUMBAI (Reuters) - The Indian government bought back bonds maturing in 2024 from the Reserve Bank of India on Tuesday, while also issuing bonds maturing in 2032 worth a similar quantum, the central

U.S. dollar advances vs major currencies as risk appetite fades

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar rose against major currencies on Wednesday in choppy trading, gaining safe-haven bids as risk appetite worsened with stocks on the defensive

Oil eases 1% as U.S. recession worries offset China recovery hopes

By Scott DiSavino NEW YORK (Reuters) - Oil prices fell about 1% on Wednesday, surrendering early gains as worries about a possible U.S. recession outweighed optimism that China's lifting of COVID-19

Gold nudges lower as Fed members bat for higher interest rates

By Seher Dareen (Reuters) - Gold prices turned negative on Wednesday, erasing gains made on weak U.S. economic data yet staying above the $1,900 level, as key members of the Federal Reserve signaled

Oil steadies as U.S. recession worries offset China recovery hopes

By Scott DiSavino NEW YORK (Reuters) -Oil prices were little changed on Wednesday after giving up earlier gains as the market balanced worries about a possible U.S. recession versus optimism that the

Oil prices up 1% to near 7-week high on China recovery hopes

By Scott DiSavino NEW YORK (Reuters) - Oil prices rose about 1% on Wednesday to their highest since early December on a drop in the U.S. dollar and optimism that the lifting of China's strict COVID-19

On Camera

The Bengal Files has made sure Kolkata dusts history books to find out real Gopal Mukherjee

Whether it is due to the alleged unofficial ban on The Bengal Files or allegations by Gopal Mukherjee’s family against Agnihotri, everyone in the state wants to know more about Mukherjee.

Punjab’s paddy farmers are staring at big losses. Why flood impact may spill out of India’s rice bowl

As devastated farmers begin to come to terms with the fallout, 4 lakh hectares of land under paddy cultivation across state is flooded. Punjab is among the biggest contributors to PDS.

Army chief weighs in on theaterisation, says it is inevitable and need of the hour

New Delhi: Army chief General Upendra Dwivedi has strongly backed the idea of theaterisation, saying it is inevitable and the need of the hour. Speaking...

Punjab is fast becoming the new Northeast. And there’s a message in it for Modi

In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?