scorecardresearch
Monday, May 6, 2024
HomeEconomy

Economy

“UPA destroyed telecom sector…grown orderly in past nine years”: Rajeev Chandrasekhar slams previous Congress-led govt

New Delhi , August 2 (ANI): Union Minister State of Electronics and Information Technology Rajeev Chandrasekhar has lashed out at the previous UPA government,...

Dollar shrugs off Fitch’s U.S. credit rating downgrade

By Rae Wee and Harry Robertson LONDON/SINGAPORE (Reuters) - The dollar barely budged on Wednesday as investors shrugged off Fitch's downgrade of the U.S. credit rating, although the yen made up ground

Indian stocks dip sharply on weak global market cues

New Delhi , August 1 (ANI): Indian stock indices traded sharply lower Wednesday, tracking weak cues from overnight US markets.At the time of writing...

Gold gets safety boost as Fitch’s US downgrade shakes markets

By Swati Verma (Reuters) - Gold climbed on Wednesday as the U.S. dollar, Treasury yields and Asian stocks stumbled after Fitch downgraded the United States' coveted triple-A credit rating, souring

Oil prices rise 1% as US inventory data reflect robust demand

By Trixie Yap SINGAPORE (Reuters) -Oil prices surged by almost 1% on Wednesday, trading near their highest since April, as crude and fuel product inventory data showing robust demand from the world's

Dollar wobbles after US credit rating downgrade

By Rae Wee SINGAPORE (Reuters) - The dollar struggled to make headway on Wednesday after a cut on the U.S. government's top credit rating by Fitch raised questions about the country's fiscal outlook,

Stocks drop, Treasuries gain after Fitch downgrades US rating

By Xie Yu HONG KONG (Reuters) - Asian stocks and U.S. Treasury yields declined on Wednesday after ratings agency Fitch unexpectedly downgraded the United States' top-tier sovereign credit rating.

Oil prices rise 1% as US inventory data show robust demand

By Arathy Somasekhar and Trixie Yap SINGAPORE (Reuters) -Oil prices surged by almost 1% on Wednesday, trading near their highest since April, as crude and fuel products inventory data showing robust

Gold gets a safety boost as Fitch US downgrade shakes markets

By Swati Verma (Reuters) - Gold climbed on Wednesday as the U.S. dollar, Treasury yields and Asian stocks stumbled after Fitch downgraded the United States' coveted triple-A credit rating, souring

Stocks fall, Treasuries gain after Fitch downgrades US rating

By Xie Yu HONG KONG (Reuters) - Asian stocks traded lower while U.S. Treasury yields declined on Wednesday, after ratings agency Fitch unexpectedly downgraded the United States' top-tier sovereign

On Camera

AI is doing the brave work humans are still squeamish about—using they/them pronouns

The hullaballoo over LinkedIn bot’s pronoun use comes on a day when CJI DY Chandrachud used the phrase ‘pregnant person’ in his judgment. It is a thing now. Get with the programme.

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.

Indian Coast Guard seizes Iranian fishing vessel, rescues six Indian crew members

The ICG said in a statement that the boat was seized and brought to Kochi for further investigation on May 6.

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.