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India should hike rates carefully, prepare for headwinds, IMF says

By Shivangi Acharya and Nikunj Ohri NEW DELHI (Reuters) - India's future interest rate hikes should be carefully calibrated and its intervention in the foreign exchange market should be limited to

Oil rises 2% on Russian supply worries; U.S. storm impact in focus

By Dmitry Zhdannikov and Emily Chow LONDON (Reuters) -Oil prices rose 2% on Friday on expectations of a drop in Russian crude supply, which helped offset worries of a hit to U.S. transport fuel demand

Gold holds firm in pre-holiday trade with focus on U.S. data

By Arundhati Sarkar (Reuters) - Gold prices eked out gains on Friday ahead of a long holiday weekend as investors awaited U.S. inflation data due later in the day that could offer some clues to the

Rupee flat week-on-week, premiums surge on RBI intervention

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee ended marginally lower against the U.S. dollar on Friday, while the central bank's likely intervention helped the currency end almost flat for the

Dollar steady after strong U.S. data, yen set for weekly gain

By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) - The dollar fluctuated on Friday and was little changed in morning trading in London after two days of gains, as investors weighed up the

Oil rises $1 on Russian supply worries; U.S. storm impact in focus

By Emily Chow SINGAPORE (Reuters) - Oil prices rose more than $1 on Friday on expectations of a drop in Russian crude supply, which helped offset worries of a hit to U.S. transport fuel demand growth

Asian shares slip on fears that Fed will have to stay hawkish

By Ankur Banerjee SINGAPORE (Reuters) - Asian shares fell on Friday and were set for a second week of losses, while the dollar firmed as strong U.S. data revived fears the Federal Reserve will have to

Dollar steadies on Fed view, economic resilience; yen eyes weekly gain

By Rae Wee SINGAPORE (Reuters) - The dollar was on the front foot on Friday as solid U.S. economic data reinforced the need for the Federal Reserve to stay on its aggressive monetary policy tightening

Oil rises $1 on Russian supply worries; U.S. storm impact eyed

By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices rose more than $1 on Friday on expectations of a drop in Russian crude supply, which helped offset worries of a hit to U.S. transport

Gold rangebound as focus shifts to inflation data

By Ashitha Shivaprasad (Reuters) - Gold prices hemmed into a tight range on Friday in thin trading, as cautious traders awaited economic data due later in the day to gauge the Federal Reserve's rate

On Camera

Is support reducing for Kolkata doctors? Mamata not the only one who has to course correct

West Bengal is ready to welcome its daughter home for Durga Puja, but the family is unable to keep the deep-rooted discord within from spilling out. At its head is Mamata Banerjee.

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?