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India’s Tata Consultancy Q3 profit misses view

BENGALURU (Reuters) - Tata Consultancy Services Ltd, India's top IT exporter, on Monday reported a lower-than-expected profit for the third quarter, as clients tightened spending in the face of a

Ocugen-Bharat Biotech COVID vaccine meets main goal in trial

(Reuters) -Ocugen Inc said on Monday the COVID-19 vaccine developed by its Indian partner Bharat Biotech International Ltd met the main goals of a trial in the United States, sending shares of the U.S

Fixed income returns in India set to surge in 2023, prompting higher investments

By Bhakti Tambe MUMBAI (Reuters) - Indian investors could reshuffle their investment portfolio to include more debt assets this year on expectations of at least a 30% jump in returns from 2022,

Ocugen-Bharat Biotech COVID vaccine meets main goals in U.S. trial

(Reuters) -Ocugen Inc said on Monday the COVID-19 vaccine developed by its Indian partner Bharat Biotech International Ltd met the main goals of a trial in the United States, sending shares of the U.S

Gold hits 8-month peak as bets of slower rate hikes dent dollar

By Arundhati Sarkar (Reuters) - Gold prices hit an eight-month high on Monday, as the dollar slipped on bets for slower U.S. interest rate hikes, while investors also cheered top bullion consumer

European stocks rise on ‘soft landing’ hopes, China reopening

By Elizabeth Howcroft LONDON (Reuters) -European stock indexes rose in early trading on Monday, boosted by investors scaling back their expectations for U.S. Federal Reserve rate hikes and optimism

Dollar slips near seven-month lows after jobs data

By Amanda Cooper LONDON (Reuters) - The U.S. dollar on Monday neared its lowest in seven months against other major currencies, after data last week suggested the Federal Reserve could slow the pace

Oil rises on demand optimism as China borders reopen

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices climbed on Monday as the borders reopened in China, the world's top crude importer, boosting the outlook for fuel demand growth and offsetting global

Gold accelerates to 8-month peak on dollar pullback

By Ashitha Shivaprasad (Reuters) - Gold prices extended gains to an eight-month high on Monday as a weaker dollar made greenback-priced bullion cheaper for overseas buyers while investors bet on a

Oil rises as Chinese border opening spurs fuel demand optimism

By Florence Tan and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices climbed on Monday as the borders reopened in China, the world's top crude importer, boosting the outlook for fuel demand growth and

On Camera

Why Modi-Shah have failed to develop mass leaders in states the way Vajpayee-Advani did

BJP had leaders like Modi, Chouhan, Raje, Raman Singh, BSY, and Dhumal who kept the party’s flame burning. Those promoted by Modi-Shah in the last 10 years fail to inspire confidence.

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?