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Thursday, May 2, 2024
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Economy

Global equities, dollar rise after strong U.S. data, rate hikes

By Chibuike Oguh NEW YORK (Reuters) - Global equity markets and the U.S. dollar gained on Thursday following news of stronger-than-expected U.S. economic growth despite consecutive interest rate hikes

Gold hits 2-week low as upbeat US data lifts dollar, yields

By Brijesh Patel (Reuters) - Gold prices slipped more than 1% to a two-week low on Thursday, weighed down by a stronger dollar and an uptick in bond yields after better-than-expected U.S. economic

Oil settles above April peak on tighter supply

By Laura Sanicola (Reuters) -Oil settled higher Thursday, with Brent crude topping $84 a barrel for the first time since April, supported by supply tightness following OPEC+ production cuts and

Amazon India onboards first floating ‘I Have Space’ store on Dal Lake

New Delhi, Jul 27 (PTI) Amazon India on Thursday said it has onboarded the first ever floating 'I Have Space' store on Dal Lake...

US dollar gains as rate cuts doubts surface

By Laura Matthews and Samuel Indyk NEW YORK/LONDON (Reuters) - The dollar rose against a basket of its major peers on Thursday, after better-than-expected U.S. data and a dovish European Central Bank

Oil climbs towards April peak on tighter supply

By Laura Sanicola (Reuters) -Oil climbed on Thursday, with Brent crude topping $84 a barrel for the first time since April, supported by supply tightness following OPEC+ production cuts and renewed

Amazon India announces first-ever floating store on Srinagar’s Dal Lake

New Delhi, Jul 27 (PTI) Amazon India on Thursday announced its first-ever floating store on Dal Lake in Srinagar, Kashmir, as part of its...

Rupee rises 9 paise against US dollar

New Delhi, Jul 27 (PTI) The rupee gained 9 paise to close at 81.92 against the US dollar on Thursday, tracking the weakness of...

Demerged hotels biz will have a strong balance sheet: ITC chairman

Kolkata, Jul 27 (PTI) Chairman and managing director of ITC Limited Sanjiv Puri on Thursday said that the proposed demerged hotels business will have...

Gold drops over 1% as upbeat US data lifts dollar, yields

By Brijesh Patel (Reuters) - Gold prices slipped more than 1% on Thursday, weighed down by a stronger dollar and an uptick in bond yields after stronger-than-expected U.S. economic data. Spot gold

On Camera

Don’t let anti-vaxxers weaponise AstraZeneca furore. Vaccines are safe—and we are the proof

Vaccines have eliminated two diseases—smallpox in humans and rinderpest in cattle. If they were killing one in 50,000 people, we wouldn’t be rolling them out across the globe for decades.

Strong showing by north, improved compliance — how GST revenue rose to record Rs 2.1 lakh cr in April

While April typically sees highest collections in a financial year, analysts say a host of reasons came together this time to lift total figures.

Army Dental Centre of Research & Referral celebrates silver jubilee

The ADC R&R is dedicated to providing high-quality dental care to soldiers, their families, and veterans.

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.