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HDFC Bank to open more than 675 branches in semi-urban, rural areas in FY24

The move would take the total number of branches in these locations to around 5,000 in this fiscal year.

Dollar under pressure after Fed, eyes on ECB

By Alun John and Rae Wee LONDON (Reuters) - The dollar remained pressured against most majors on Thursday, helping Sterling to its strongest in 11 months, after the Federal Reserve hinted at pausing

Nigeria’s senate approves restructure of $52 billion in cenbank loans

ABUJA (Reuters) - Nigeria's senate has approved a request by President Muhammadu Buhari to restructure 23.7 trillion naira ($52 billion) in short-term loans due to the central bank to long term-debt,

Waiting for ECB, nervous about Fed pivot and banking sector

By Rae Wee and Ankur Banerjee SINGAPORE (Reuters) - Global stock markets sagged while the Japanese yen rose on Thursday in reaction to the Fed's policy statement and signs of stress at another U.S.

Oil prices recover after three-day plunge; demand worries linger

By Sudarshan Varadhan (Reuters) -Oil prices recovered slightly on Thursday but were unable to claw back the more than 9% decline in the previous three days as demand concerns in major consumers

Stock markets nervous about Fed pivot and banking sector

SINGAPORE (Reuters) - Global stock markets sagged while the Japanese yen rose on Thursday in reaction to the Fed's policy statement and signs of stress at another U.S. regional bank, spurring

Dollar falls after Fed signals pause; banking woes dent confidence

By Rae Wee SINGAPORE (Reuters) - The dollar slipped against most major currencies on Thursday after the U.S. Federal Reserve opened the door to a pause in its aggressive tightening cycle, though

Oil prices extend losses after Fed interest rate rise

By Stephanie Kelly (Reuters) - Oil prices fell over 1% on Thursday, deepening steep losses in recent days, after the U.S. Federal Reserve increased interest rates and investors worried about a

Marketmind: Fed eyes pause, market bets on pivot

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. The Fed on Wednesday delivered what markets are convinced will be the last rate hike of the cycle, bond

Equities lose ground in choppy market, dollar stays red

By Sinéad Carew NEW YORK (Reuters) - MSCI's gauge of stocks around the world lost ground in a volatile afternoon on Wednesday and the U.S. dollar held its losses after the U.S. Federal Reserve raised

On Camera

Drop that cigarette. Smokers are twice as likely to develop skin cancer compared to non-smokers

A noticeable effect of smoking is premature aging. Studies indicate that the skin biopsy of a 40-year-old heavy smoker can resemble that of a 70-year-old non-smoker.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?