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U.S. dollar falls vs major currencies as sterling gains; yen in focus

By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) - The dollar fell against most major currencies on Tuesday in choppy trading, weighed down by expectations of a possible policy

India’s Russian oil binge drags down OPEC’s share to lowest in 2022

By Nidhi Verma NEW DELHI (Reuters) - Russia became the third-largest oil supplier to India in 2022, making up about 15% of total purchases, dragging down OPEC's share to the lowest in more than a

Gold prices retreat as dollar gains upper hand

By Arundhati Sarkar (Reuters) - Gold prices fell on Tuesday as the dollar ticked higher, while traders continued to position themselves for slower rate hikes from the Federal Reserve after last week's

Sterling nears one-month high on UK jobs data, yen in focus

By Joice Alves LONDON (Reuters) - Sterling rose on Tuesday, nearing a one-month high against the U.S. dollar after data showed the pace of pay growth in Britain, closely watched by the Bank of England

India’s Eris Lifesciences to buy some dermatology brands from Glenmark Pharma

BENGALURU (Reuters) - Indian drugmaker Eris Lifesciences Ltd said on Tuesday it would acquire a portfolio of dermatology brands from Glenmark Pharmaceuticals Ltd for 3.4 billion rupees ($41.63 million

Oil prices hit two-week highs on hopes of China demand rebound

By Shadia Nasralla LONDON (Reuters) -Oil prices rose to their highest in two weeks on Tuesday after China posted weak but expectation-beating annual economic growth data and on hopes that a recent

Shares stumble as China data stokes global economy fears

By Tom Wilson LONDON (Reuters) - Shares slipped on Tuesday after China's growth in 2022 slumped, halting their new year rally and keeping investors on edge over the risk of a global recession, while

Indian shares end higher as consumer stocks shine

By Rama Venkat BENGALURU (Reuters) -Indian shares settled higher on Tuesday, lifted by consumer stocks after data showed domestic inflation was easing, although sustained foreign selling and losses in

Oil prices mixed on Chinese data and demand growth hopes

(Corrects first paragraph to show economic growth was second-weakest in half a century, not weakest) By Sonali Paul and Muyu Xu MELBOURNE (Reuters) - Oil prices were mixed on Tuesday after China

Gold retreats as dollar gains upper hand

By Arundhati Sarkar (Reuters) - Gold fell for a second session on Tuesday as the dollar ticked up, while investors still sought direction from the U.S. Federal Reserve's rate hike path. Spot gold

On Camera

Kolkata’s silencing of Javed Akhtar exposes India’s secular vacuum

Even those parties that wear the label of secular and progressive often bow to the pressures of fundamentalist groups within the Muslim community.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

Dassault Aviation takes majority control of joint venture with Anil Ambani’s Reliance

Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.

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?