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Gold jumps to six-month high on China reopening optimism

By Seher Dareen (Reuters) - Gold prices jumped to their highest level in six months on Tuesday as optimism surrounding decisions by top consumer China to further ease COVID-19 restrictions weighed on

Oil hits 3-week high on easing COVID curbs in China, U.S. production shut-ins

By Arathy Somasekhar HOUSTON (Reuters) -Oil hit a three-week high on Tuesday as China's latest easing of COVID-19 restrictions spurred hopes of a demand recovery, and as production in the United

Wall St stocks fall, oil rises as China drops quarantine rule

By Sinéad Carew and Nell Mackenzie NEW YORK/LONDON (Reuters) - Wall Street's benchmark S&P 500 and the Nasdaq fell on Tuesday after the release of U.S. economic data, while oil prices rose after China

Gold jumps on dollar pullback, China re-opening optimism

By Seher Dareen (Reuters) - Gold prices rose on Tuesday as optimism surrounding top consumer China's decisions to further ease COVID-19 restrictions weighed on the dollar, while resilient U.S. yields

Dollar recovers as investors digest China’s loosening of COVID rules

By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) - The dollar pared losses on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travellers - a major step in

Oil hits 3-week high as China eases COVID curbs

By Alex Lawler LONDON (Reuters) -Oil hit a three-week high on Tuesday as China's latest easing of COVID-19 restrictions spurred hopes of a demand recovery, although prices pared gains after some U.S.

Indian banks may need to lift deposit rates as credit demand surges – RBI report

By Siddhi Nayak MUMBAI (Reuters) - India's banking sector remained resilient in 2021/22 and lenders may have to raise deposit rates more to meet a surge in credit demand, the central bank said in a

Gold prices rise as China relaxes COVID curbs

By Arundhati Sarkar (Reuters) - Gold prices firmed above the key psychological threshold of $1,800 on Tuesday, following China's decision to further ease COVID-19 restrictions, with gains curbed by

Airbag industry to more than double in worth to Rs 6,000-7,000 crore by FY27, says ICRA

New rules to kick in from October 2023, mandate six airbags per car, but increasing domestic manufacturing capacity is crucial if this target is to be met, said the ratings agency.

Indian rupee’s worst is likely over, to gain in 2023 -HDFC Bank treasurer

By Siddhi Nayak and Dharamraj Dhutia MUMBAI (Reuters) - The Indian rupee is likely to have seen the worst in 2022 and could start making a recovery in the new year, giving the Reserve Bank of India a

On Camera

How Modi govt’s Atmanirbhar policy could have hobbled BSNL’s efforts to catch up in 4G race

Restrictions on use of equipment from global vendors have necessitated new indigenous technology being developed, tested & deployed—further delaying BSNL's 4G & 5G launch.

IAF chief AP Singh red-flags Tejas delay, says China ahead in technology & production capacity

Air force chief says HAL needs to churn out 24 aircraft per year. It is important for IAF to have indigenous weapons systems to deal with any security challenges, he says.

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?