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Oil rebounds as Mideast tensions persist, but set for weekly loss

By Katya Golubkova and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rose on Friday as heightened tensions in the Middle East raised the risk of supply disruptions from the oil-producing region, though

Indian stocks marginally lower Friday, retail inflation data now in focus

New Delhi , April 12 (ANI): Indian stock market indices were marginally lower at the opening bell on Friday, largely due to more-than-expected inflation...

Chinese economy to moderate in 2024: ADB

Manila , April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing...

Moody’s maintains stable outlook for India

New Delhi , April 12 (ANI): Rating agency Moody's maintained outlook for the government of India to be stable. The long-term and short-term ratings...

ADB raises India’s growth forecast

New Delhi , April 12 (ANI): The Asian Development Bank (ADB) has upgraded India's gross domestic product (GDP) growth forecast for financial year 2024...

Oil prices head back up on Middle East jitters

By Katya Golubkova TOKYO (Reuters) - Oil prices rose in early trade on Friday on heightened tensions in the Middle East, where Iran has promised to retaliate for a suspected Israeli air strike on its

Yen crumbles under towering dollar and US Treasury yields

By Rae Wee SINGAPORE (Reuters) - The yen struggled to break away from a 34-year low on Friday and was headed for a weekly decline, while the dollar hovered near a five-month high alongside U.S.

Morning Bid: Widening FX worry, South Korea sets rates

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Monetary policy decisions in South Korea and Singapore, and Chinese trade and Indian inflation data top Asia's calendar on

Global equity gauge rises slightly with inflation, rates in focus

By Sinéad Carew NEW YORK (Reuters) -A global equities index rose slightly on Thursday after falling earlier in the day while Treasury yields rose as investors looked to the latest inflation data for

Global equity gauge rebounds with inflation, rates in focus

By Sinéad Carew NEW YORK/ LONDON (Reuters) -A global gauge of equities regained ground on Thursday after falling earlier in the day while longer-dated Treasury yields rose as investors looked to the

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.