scorecardresearch
Monday, May 27, 2024
HomeBusiness

Business

Oil gains on US plans to refill reserves, supply concerns

By Yuka Obayashi and Trixie Yap (Reuters) -Oil prices rose for a second day on Tuesday, supported by U.S. plans to purchase oil for its Strategic Petroleum Reserve (SPR) and by raging wildfires in

Gold muted after higher Fed rate signals, debt talks eyed

By Arundhati Sarkar (Reuters) - Gold prices eased in a narrow range on Tuesday as traders assessed comments from U.S. central bank officials on interest rates staying high, while the US debt-ceiling

Lessons from Go First crisis — setback temporary, but cash-guzzling sector unforgiving to airlines

Go First’s bankruptcy and SpiceJet's troubles highlight challenges faced by airlines in maintaining sustainable operations in India's highly competitive and cost-sensitive market.

Gold ticks up as US debt ceiling talks drag on

By Arundhati Sarkar (Reuters) - Gold regained its footing on Monday after three straight sessions of losses as the dollar eased and investors remained wary of the U.S. debt ceiling standoff that could

Oil prices rise as tight supplies compete with economic concerns

By Noah Browning LONDON (Reuters) -Oil prices rose slightly on Monday as bullish sentiment about tightening supplies from OPEC+ cuts and a resumption in U.S. buying for reserves outweighed concerns

Gold regains strength as US debt ceiling talks drag on

By Arundhati Sarkar (Reuters) - Gold regained its footing on Monday after three straight sessions of losses as the dollar eased and investors remained wary of the U.S. debt ceiling standoff that could

India’s Kalyan Jewellers reports flat Q4 margins on higher costs

BENGALURU (Reuters) - Kalyan Jewellers India Ltd's core profit margins remain unchanged year-over-year, it said on Monday, as higher costs dulled the effect of higher revenue and record-high gold

World stocks climb on hopes of successful debt ceiling outcome

By Nell Mackenzie LONDON (Reuters) - World stocks rose on Monday on cautious optimism ahead of this week's deliberations over the U.S. $31.4 trillion debt ceiling, a raft of economic data due and a

Oil steady as tight supplies compete with economic concerns

By Noah Browning LONDON (Reuters) - Oil prices were steady on Monday as bullish sentiment about tightening supplies from OPEC+ cuts and a resumption in U.S. buying for reserves competed with concerns

Dollar slips from 5-week high; Turkish lira drops

By Harry Robertson and Kevin Buckland LONDON/TOKYO (Reuters) - The U.S. dollar fell slightly from a five-week high on Monday after a period of strength that has confused analysts. Meanwhile, The

On Camera

Don’t deride public sector. Evidence shows commercial banks in woeful state—Indira Gandhi

On 29 July 1969, Prime Minister Indira Gandhi delivered a speech in Lok Sabha on the nationalisation of 14 banks, saying the move was 'totally justified to ensure that hopes and aspirations of millions of our people are not sacrificed'.

Govt has reduced time taken to finalise GDP data by an entire year. Here’s inside story of how

This year, govt announced that 2nd and not 3rd revised estimates would be final. Here’s inside story on how this was achieved without compromising on quality of data.

Army chief Gen Pande gets extension, Govt seeks merit over mere seniority

Last time such an extension was granted was in the case of former Field Marshal Sam Manekshaw when he was Army chief for period of six months.

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'?