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India’s SpiceJet says no plans to file for insolvency

BENGALURU (Reuters) - Indian low-cost carrier SpiceJet Ltd said on Thursday it had no plans to file for insolvency. (Reporting by Nandan Mandayam in Bengaluru; Editing by Sohini Goswami)

South Korea’s Hyundai to invest $2.45 billion in India

By Praveen Paramasivam CHENNAI (Reuters) -South Korea's Hyundai Motor Co said on Thursday it will invest 200 billion rupees ($2.45 billion) in the southern Indian state of Tamil Nadu over the next 10

Gold steadies as traders hunt for Fed policy cues

By Ashitha Shivaprasad (Reuters) - Gold prices were little changed on Thursday, but prospects of a pause in the U.S. Federal Reserves' rate-hike cycle and economic worries added lustre to safe-haven

Asian stocks waver on China deflation worries, mixed Japan earnings

By Julie Zhu HONG KONG (Reuters) -Asian shares traded cautiously on Thursday as investors fretted about growing deflationary pressures in China and a mixed bag of Japanese earnings, while a standoff

Oil prices climb on positive US fuel demand data

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices bounced back on Thursday after dropping by more than a dollar a barrel the previous day, supported by stronger fuel demand data from the United States,

Indian rupee may nudge higher after data indicates Fed may pause rate hikes

By Nimesh Vora MUMBAI (Reuters) - Indian rupee is poised to open higher on Thursday, after largely in-line U.S. inflation data made it more likely the U.S. Federal Reserve will not raise rates at its

Asian stocks rise as US inflation cools

By Julie Zhu HONG KONG (Reuters) - Asian shares rose on Thursday as investors cheered signs of easing inflationary pressure in the U.S. after data showed consumer prices in April rose at a

Gold firms as softer dollar, economic woes boost appeal

By Ashitha Shivaprasad (Reuters) - Gold prices ticked up on Thursday, aided by a weaker dollar and economic worries, while investors seek further clarity on the U.S. Federal Reserve's monetary policy

Dollar sinks versus yen with US yields depressed after CPI

By Kevin Buckland TOKYO (Reuters) - The dollar sank for a second day against the yen on Thursday, feeling the pressure from lower U.S. Treasury yields after slowing inflation gave traders more

Gold edges higher as dollar slips; Fed outlook in focus

(Reuters) - Gold prices ticked up on a softer dollar in early Asian hours on Thursday, while investors awaited further clarity on the U.S. Federal Reserve's monetary policy path. FUNDAMENTALS * Spot

On Camera

Pakistani fundamentalists closer to controlling state. Now the battle is over baby milk bank

Islamic clerics push back against human milk banks as Shari’a proscribes marriages between so-called milk siblings. But several Islamic countries, including Iran, operate them.

Noida International Airport, Delhi NCR’s 2nd, delayed. To begin operations by April 2025

According to a statement by the airport, commercial operations likely to begin next year 'in view of the current construction status'. It was supposed to commence operations by 2024 end.

India’s 15-yr quest for anti-tank missile: Israeli Spike, DRDO option, back to US for Javelin talks

Recent high-profile visit was of US National Security Adviser this month during which a number of key issues, including military cooperation, was discussed by both sides.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.