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Tuesday, October 8, 2024
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India tribunal allows Jet Airways ownership transfer to consortium – sources

MUMBAI (Reuters) -India's national company law tribunal has allowed the ownership of carrier Jet Airways to be transferred to a consortium, led by UAE-based businessman Murari Lal Jalan and

Gold scales nine-month high above $1,900/oz level

By Kavya Guduru (Reuters) - Gold prices firmed above the key $1,900 level on Friday, hitting their highest since late April after a surprise decline in U.S. consumer prices boosted bets for slower

Yen surges as BOJ policy under pressure, dollar pauses

By Iain Withers and Alun John LONDON (Reuters) - The yen surged further on speculation that Japan could revise its ultra-loose monetary policy, while the dollar hovered near its lowest level since

India tribunal allows Jet Airways ownership transfer to consortium-report

BENGALURU (Reuters) - India's national company law tribunal has allowed the ownership of carrier Jet Airways to be transferred to the Jalan-Kalrock consortium, news channel CNBC TV 18 reported on

Yen soars as markets test BOJ, stocks cheered by inflation retreat

By Dhara Ranasinghe LONDON (Reuters) - World stocks scaled one-month peaks on Friday thanks to signs inflation is easing, while the yen jumped to seven-month peaks and Japanese bond yields breached a

Indian gold prices hit record high, dampening demand -dealers

MUMBAI (Reuters) - Indian gold futures hit a record high on Friday, tracking gains in overseas market, but the price rise dampened demand in the world's second biggest consumer of the precious metal,

China demand optimism sets oil on track for strong weekly gain

By Sonali Paul and Mohi Narayan (Reuters) -Oil prices rose on Friday, set to gain more than 6% for the week, on solid signs of demand growth in top oil importer China and expectations of less

Shunned as a mega crypto ‘fraudster’, Sam Bankman-Fried now only has a dog to defend him

The once-celebrated young investor with estimated worth of $26 bn, is now 'nearly penniless & friendless' and going down in history for besmirching reputation of struggling crypto industry.

Yen flies as market challenges BOJ, stocks cheer inflation’s retreat

By Tom Westbrook and Kevin Buckland SINGAPORE/TOKYO (Reuters) - Asian stocks rose on Friday as investors cheered a slowdown in U.S. inflation, while the yen hit a seven-month high and Japanese bond

Dollar wobbles after U.S. inflation data, yen on the rise

By Ankur Banerjee SINGAPORE (Reuters) - The dollar swayed on Friday as cooling U.S. inflation raised hopes of the Federal Reserve slowing the pace of interest rate hikes, while the yen hovered around

On Camera

Haryana win is redemption, J&K defeat is vindication. BJP is walking out of Lok Sabha poll fog

A leader's charisma is a big plus. But don't underestimate the craft of mounting an election campaign. Haryana is BJP's reward for mastering it. All-round participation and peaceful polling in J&K too is a win.

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

‘Nightmare at Chennai Marina’: 4 dead, 96 hospitalised after pandemonium at packed IAF air show

Lakhs of people were stranded at beach in heat as crowd control measures apparently failed. At least 14 lakh people were in attendance though police had expected around 10 lakh.

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?