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Brent hovers around $90 as inflation concerns offset Middle East tensions

By Noah Browning LONDON (Reuters) - Global benchmark Brent hovered around $90 a barrel on Thursday as persistent inflation dampened rate cut optimism in the short term, but stayed near six-month highs

US dollar weakens after producer prices data, falls below 153 vs yen

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar fell on Thursday as weaker-than-expected U.S. producer prices for March partly eased market concerns about persistent inflation, suggesting

Oil prices slip as inflation concerns offset Middle East tensions

By Noah Browning LONDON (Reuters) -Oil prices slipped on Thursday as persistent inflation dampened rate cut optimism but stayed near six-month highs as investors braced for a potential attack on

US dollar turns lower after producer prices, jobless claims data

NEW YORK (Reuters) - The dollar fell on Thursday after weaker-than-expected U.S. producer prices for March, partly easing market concerns about persistent inflation and suggesting that rate cuts by

CII President suggests Employment-linked Incentive schemes in line with PLI scheme

New Delhi , April 11 (ANI): Speaking with ANI, CII President R Dinesh suggested that the government come up with employment-linked incentive schemes, in...

India’s energy requirement will increase by 2.5 times by 2047

New Delhi , April 11 (ANI): The energy requirements of India will be increased by 2.5 times by the year 2047, and right now...

Europe turns to ECB after U.S. inflation scare

By Marc Jones LONDON (Reuters) - Traders were bracing for a volatile European Central Bank meeting on Thursday, after stubborn U.S. inflation numbers had triggered the biggest global market selloff in

Coming up on Saturday: PM Modi in freewheeling chat with Indian gaming community members

New Delhi , April 11 (ANI): Prime Minister Narendra Modi has a free-wheeling interaction with some well-known Indian gamers about a range of aspects,...

Oil prices slip as inflation concerns offset Mideast tensions

By Noah Browning LONDON (Reuters) -Oil prices slipped on Thursday as persistent inflation dampened rate cut optimism but stayed near six-month highs as investors braced for a potential attack on

Euro under pressure ahead of ECB, yen at new 34-year low

By Alun John and Anna Pruchnicka LONDON (Reuters) -The dollar traded at its highest since November against a basket of major currencies on Thursday, after hotter-than-expected U.S. inflation data a

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.