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Indian shares drop as SBI, ITC add to profit-booking pressure

By Bharath Rajeswaran BENGALURU (Reuters) - Indian shares reversed course to finish lower on Thursday, as declines in the stocks of State Bank of India Ltd and ITC Ltd added to the pressure of

Indian carrier IndiGo posts second straight quarterly profit on strong demand

BENGALURU (Reuters) -Interglobe Aviation Ltd, the operator of India's top airline, IndiGo, reported a second consecutive quarterly profit on Thursday, as strong demand for air travel more than offset

Gold drops on hopes for US debt-limit deal, chances of early rate cuts recede

By Kavya Guduru (Reuters) - The price of gold slipped on Thursday as signs that a deal to raise the U.S. debt ceiling could be reached in Washington reduced its safe haven appeal. Fading expectations

Hopes for U.S. debt deal boost European stocks, dollar

By Elizabeth Howcroft LONDON (Reuters) - European shares opened higher on Thursday and the U.S. dollar rose to a seven-week high, as traders bet that politicians in the United States would reach a

Oil prices ease as all eyes on US debt ceiling talks

By Shadia Nasralla LONDON (Reuters) -Oil prices eased on Thursday as traders warily watched for signs of progress on talks to raise the U.S. debt ceiling, after surging in the previous session on

Dollar firms on debt ceiling optimism, Aussie slips after jobs data

By Samuel Indyk and Rae Wee LONDON/SINGAPORE (Reuters) - The U.S. dollar held near a seven-week peak on Thursday after President Joe Biden and top U.S. congressional Republican Kevin McCarthy worked

Factbox-Amazon to Walmart, investors in India boost Modi ahead of vote

NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi this week trumpeted a flurry of investment by global companies as he tries to create more jobs ahead of a general election due in the first

Gold ticks lower as US debt ceiling optimism boosts dollar

By Arundhati Sarkar (Reuters) - Gold prices inched lower on Thursday as the dollar held firm and optimism over U.S. debt-ceiling talks reduced the metal's safe-haven appeal. Spot gold fell 0.2% to

Gold listless as US debt talks dominate market mood

By Arundhati Sarkar (Reuters) - Gold prices were little changed on Thursday as the dollar held firm and optimism over U.S. debt-ceiling talks chipped away at the metal's safe-haven appeal. Spot gold

Asian stocks rally on Wall Street’s lead amid debt ceiling optimism

By Kevin Buckland TOKYO (Reuters) - Asia shares rallied on Thursday, following Wall Street's lead, and the dollar held just off a two-month high versus the yen amid signs Washington might be close to

On Camera

Nancy Tyagi at Cannes is instantly iconic. Commenting on Aishwarya Rai is so last decade

Her saree could easily give Sabyasachi’s Met Gala creation a run for his money. Alia Bhatt’s ‘Garden of Time’ saree was a product of 163 artisans, Tyagi is a one-woman show.

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?