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Oil dips near 2-month lows as supply concerns ease

By Florence Tan SINGAPORE (Reuters) - Oil prices hovered near two-month lows on Monday as supply fears receded while concerns over China's fuel demand and rising interest rates weighed on prices.

‘Set for sunrise’ — big bull run for Indian defence stocks, some soar by nearly 140%

The share price rise of defence companies has outpaced the growth of the NSE 50 Index, the benchmark index that represents the weighted average of the top 50 stocks on the NSE.

Oil prices slide as supply fears recede

By Laila Kearney NEW YORK (Reuters) -Oil dropped by more than $2 a barrel on Friday, on track for a second weekly decline, due to concern about weakened demand in China and further increases to U.S.

Global stocks rise on hopes recession alert forces Fed’s hand

By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) - Global equities rose and a key part of the Treasury yield curve inverted further on Friday as investors anticipated the U.S. economy will

Gold falls on Fed rate hike prospects, bound for weekly dip

By Seher Dareen (Reuters) - Gold prices fell on Friday and were bound for a weekly dip following indications from U.S. Federal Reserve officials that more interest rate hikes were due as the bank

Zomato co-founder Mohit Gupta resigns, says will pursue ‘unknown adventures’

Gupta is credited with building the food delivery operations from scratch and was the segment's chief executive before being elevated to co-founder in May 2020.

Wall Street seen opening higher but U.S. recession priced in

By Carolyn Cohn LONDON (Reuters) - U.S. stock index futures rose on Friday, indicating a higher open on Wall Street, as investors digest warnings from U.S. Federal Reserve officials on U.S. interest

Rupee surrenders half of last week’s rally, premiums plunge

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee inched lower on Friday, extending its losses for the week, while rupee premiums slid to their lowest level in more than a decade. The rupee declined

World stocks eye 1% weekly loss, U.S. yield curve indicates recession

By Carolyn Cohn and Wayne Cole LONDON/SYDNEY (Reuters) - World stocks were heading on Friday for a 1% loss on the week, drifting from recent two-month highs after U.S. Federal Reserve officials fired

Gold ticks up, but still bound for weekly dip on hawkish Fed tilt

By Arundhati Sarkar (Reuters) - Gold steadied on Friday as the dollar eased, but was still bound for a weekly dip following indications from U.S. Federal Reserve officials that more interest rate

On Camera

Indian industry in Bangladesh is staring at a void. New Delhi must give line of credit to Dhaka

For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.


Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

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?