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Stocks and oil rally as China hints at COVID respite

By Ankur Banerjee and Amanda Cooper LONDON/SINGAPORE (Reuters) -Global stocks rose on Friday for the first time in three days ahead of key U.S. jobs data, as investors took heart from reports China

India’s forex reserves post biggest weekly gain in more than a year

MUMBAI (Reuters) - India's foreign exchange reserves rose to $531.08 billion in the week through Oct. 28, marking their biggest weekly gain since September 2021, the Reserve Bank of India's (RBI)

Indian banks’ loans rose 17.9% y/y in two weeks to Oct 21 – central bank

Nov 4 (Reuters) - Indian banks' loans rose 17.9% in the two weeks to Oct. 21 from a year earlier, while deposits rose 9.5%, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Gold jumps 1% as dollar rally stalls ahead of U.S. jobs data

By Arundhati Sarkar (Reuters) - Gold prices jumped more than 1% on Friday as the dollar slipped ahead of a U.S. jobs report that could offer cues on the Federal Reserve's rate-hike path. Spot gold

Indian airline IndiGo posts bigger quarterly loss on higher fuel costs

BENGALURU (Reuters) - InterGlobe Aviation Ltd, the operator of India's top airline IndiGo, on Friday posted a bigger loss for the second quarter, hit by higher fuel prices and foreign exchange losses.

Twitter temporarily closes offices as layoffs begin

By Sheila Dang, Katie Paul and Martin Coulter (Reuters) -Twitter Inc temporarily closed its offices on Friday after telling employees they will be informed by email later in the day whether they are

Tata-owned Titan posts Q2 profit beat as jewellery sales improve

BENGALURU (Reuters) -Indian jewellery and watch maker Titan Co Ltd reported a better-than-expected rise in second-quarter profit on Friday as demand for gold improved ahead of the festival and wedding

Tata-owned Titan’s Q2 profit rises on higher jewellery demand

BENGALURU (Reuters) - Indian jewellery and watch maker Titan Co Ltd reported a 33.7% rise in second-quarter profit on Friday as demand for gold improved ahead of the festival and wedding seasons. The

Stocks and oil rally on reports of China COVID respite

By Ankur Banerjee and Amanda Cooper LONDON/SINGAPORE (Reuters) - Global stocks rose on Friday for the first time in three days ahead of key U.S. jobs data, as investors took heart from reports China

Dollar takes breather on China reopening hopes, U.S. jobs data in focus

By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) - The euro and pound regained some ground on Friday, but were still set for their biggest weekly losses since September, ahead of U.S. jobs data

On Camera

YourTurn

PM Modi pays tribute to Dr Rajendra Prasad on his birth anniversary

What explains Modi’s silence as states fight on, relations with Centre...

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Whether it's Karnataka-Maharahstra or Assam-Meghalaya, Modi govt's reluctance to get dragged into border disputes is self-defeating.
A cashier checks Indian rupee notes inside a room at a fuel station in Ahmedabad | Reuters file image

Rupee falls to 81.75 against dollar, loss on stop losses and...

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The rupee was down 0.5% to the dollar and has been an underperformer among Asian peers. The offshore Chinese yuan was up 0.9%, leading Asian currencies higher.

Defence

Russian President Vladimir Putin with Chinese President Xi Jinping. (Photo Credit - Reuters)

In western arms sanctions on Russia, China’s arms industry could stand...

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The arms export embargoes on Moscow could create an opportunity for Beijing to supply arms to countries like Myanmar, which are heavily dependent on Russian arms.
Illustration: Soham Sen | ThePrint

Gujarat election is anything but dull. BJP’s political neurosis about AAP...

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Gujarat is the only state where Modi is directly in contention. Even if he wins, the team that runs him closest has much to gain.