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Oil prices slip 1%, US jobless data and debt-ceiling talks weigh

By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 1% on Thursday as a political standoff over the U.S. debt ceiling stoked recession jitters in the world's biggest oil consumer, while rising

Indian government’s e-commerce network ONDC expands into 236 cities -CEO

(Corrects spelling in headline to ONDC, not ONCD) By Manoj Kumar NEW DELHI (Reuters) -The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country

Gold stalls as dollar bounce counters economic risks

By Deep Kaushik Vakil (Reuters) - Gold eased into a tight range on Thursday as a stronger dollar countered support from weaker-than-expected U.S. economic data, which reinforced bets for a pause in

Oil prices slump amid U.S. debt talks as jobless data weighs

By Shadia Nasralla LONDON (Reuters) - Oil prices dropped on Thursday as a political standoff over the U.S. debt ceiling triggered recession jitters in the world's biggest oil consumer, where rising

Stocks, oil, wobble but dollar holds gains

By Marc Jones LONDON (Reuters) - Stock markets and oil were starting to splutter again after the Bank of England's 12th rate rise in row and dreary Disney+ numbers, but the dollar retained its

Indian government’s e-commerce network ONDC expands into 236 cities, CEO says

By Manoj Kumar NEW DELHI (Reuters) - The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants, a senior

Gillette India’s Q3 profit jumps 48% on lower tax expenses, premium products

(Reuters) - Gillette India Ltd, known for its shaving razors, posted a more than 48% jump in third-quarter profit on Thursday, helped by lower income tax expenses and the introduction of more premium

India’s Eicher Motors beats Q4 profit view as demand for two-wheelers spike

BENGALURU (Reuters) - India's Eicher Motors, the maker of Royal Enfield motorcycles, posted a bigger-than-expected 48% jump in fourth-quarter profit on Thursday, helped by higher sales as demand for

Three Adani firms weigh raising up to $5 billion – Bloomberg News

BENGALURU (Reuters) - Three Adani Group firms are considering raising up to $5 billion, Bloomberg News said on Thursday, months after a mega $2.5 billion share sale by the Indian group's flagship firm

Oil prices turn negative in U.S. trading amid debt talks

By Shadia Nasralla LONDON (Reuters) -Oil prices erased earlier gains on Thursday during U.S. trading hours as a political standoff about the U.S. debt ceiling overshadowed a G7 finance leaders'

On Camera

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.