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Dollar dips after jobs report, wage growth below expectations

By Karen Brettell NEW YORK (Reuters) - The dollar pared earlier gains after U.S. jobs data for December showed employers added 223,000 jobs in the month, more than economists’ forecasts, while wage

Adani eyeing stake in state-backed power trader PTC India – Bloomberg News

BENGALURU (Reuters) - Indian billionaire Gautam Adani-led Adani Group is eyeing a stake in the state-backed power trader PTC India, Bloomberg news reported on Friday, citing people familiar with the

Global stocks turn higher after mixed U.S. jobs report

By Naomi Rovnick and Kevin Buckland LONDON/TOKYO (Reuters) - Global stocks rose and U.S. Treasury yields fell on Friday as markets took a broadly optimistic view of mixed U.S. jobs data and the

Oil rebalances on stronger dollar and economic outlook

By Rowena Edwards LONDON (Reuters) -Oil prices rebalanced on Friday after an early $1 rally as a stronger dollar and weaker economic outlook weighed while hopes of a Chinese demand boost limited

India govt forecasts slower economic growth in year to March

NEW DELHI (Reuters) -India's government expects economic growth to slow in the financial year ending March, as pandemic-related distortions ease and pent-up demand for goods slows going into 2023.

Indian cenbank to auction green bonds in 2 tranches in Jan, Feb

MUMBAI (Reuters) - The Reserve Bank of India will auction 160 billion rupees ($1.93 billion) worth of sovereign green bonds in two tranches, the central bank said on Friday, in the government's

RBI to auction green bonds worth 160 billion in India’s first-ever debt sale

To finance clean projects, the RBI will auction 5-year and 10-year green bonds worth 40 billion rupees each in what will be a uniform price auction, the central bank said.

Gold holds ground as investors focus on U.S. jobs data

By Arundhati Sarkar (Reuters) - Gold prices inched higher on Friday after a sharp drop in the previous session, even as the dollar firmed ahead of a closely watched U.S. jobs report that could offer

Oil prices firm on China demand hopes

By Rowena Edwards LONDON (Reuters) -Oil prices edged higher on Friday on hopes of a Chinese demand boost, but the broader global economic outlook kept crude benchmarks on course for a weekly decline.

Dollar hits four-week peak on resilient U.S. jobs market

By Rae Wee and Samuel Indyk LONDON (Reuters) - The dollar held near an almost one-month high on Friday, after U.S. economic data highlighted a still-tight labour market that could keep the Federal

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?