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Tuesday, May 7, 2024
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Economy

Stocks climb, oil dips as Middle East concerns in check

By Marc Jones LONDON (Reuters) - Europe's main share and currency markets started the week modestly higher while oil and bond prices dipped, as investors kept Middle East concerns in check after

Dollar steady, yen at 34-year low as US rate-cut bets recede

By Tom Westbrook and Samuel Indyk LONDON (Reuters) -The dollar was steady on Monday, holding its biggest weekly gain since 2022, as the prospect of stubbornly high U.S. interest rates and escalating

Election months typically see less capex utilisation: Bank of Baroda report

New Delhi , April 15 (ANI): It is apparent that the government and the corporates maintain a watchful stance on capital expenditure during the...

FADA launches dealer satisfaction study to enhance relations with finance & insurance companies

New Delhi , April 15 (ANI): The Federation of Automobile Dealers Associations (FADA), in collaboration with PremonAsia, has initiated a Dealer Satisfaction Study focusing...

India’s steelmakers fall short of investment target due to delays linked to China

By Neha Arora NEW DELHI (Reuters) - Leading Indian steelmakers fell short of an investment target for the fiscal year to March 2024 due to a delay in importing machinery from China and securing visas

Ambuja Cements to acquire My Home Group’s grinding unit in TN for Rs 413.75 cr

New Delhi, Apr 15 (PTI) Ambuja Cements on Monday said it will acquire My Home Group's cement grinding unit at Tuticorin in Tamil...

India’s travel and tourism sector poised for growth: Projected revenue to reach USD 23.72 bn by 2024

New Delhi , April 15 (ANI): The travel and tourism market in India is set to generate a revenue of USD 23.72 billion in...

India’s wholesale inflation inches up marginally in March

New Delhi , April 15 (ANI): Wholesale inflation in India, based on the Wholesale Price Index, remained in positive territory for the fifth month...

India’s passenger EV market will hot up in next 3-4 years

New Delhi , April 15 (ANI): In 2023, India's passenger vehicle sales grew 10 per cent YoY, but its electric vehicle (EV) sales nearly...

India rubbishes Lancet report, says spending on healthcare is at all-time high

New Delhi , April 15 (ANI): After a Lancet report that asserted that the Indian government spends just 1.2 per cent of GDP on...

On Camera

Ahmedabad’s walled city a model for climate-resistant architecture. Forego AC for arcades

In commercial areas, arcades can protect people from the sun. Remarkably, the Fort area in Mumbai and Connaught Place in Delhi, both built in the early 20th century, have these features.

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.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

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.