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Economy

Yen hits 4-week low, dollar steady ahead of key inflation data

By Hannah Lang and Alun John NEW YORK/LONDON (Reuters) -The dollar held firm on Wednesday, boosted by higher U.S. yields ahead of key inflation data later in the week, and gaining on the Japanese yen

Oil prices gain on expectations OPEC+ will extend output cuts

By Ahmad Ghaddar LONDON (Reuters) -Oil prices grazed a four-week high on Wednesday on expectations that major producers will extend output cuts at a meeting on Sunday and that fuel consumption will

Tata Steel Q4 net profit falls 64 pc to Rs 554 cr; board approves Rs 3,000 cr fund raising plan

New Delhi, May 29 (PTI) Tata Steel on Wednesday reported a 64.59 per cent decline in its consolidated net profit to Rs 554.56...

Govt aims to eliminate diesel, petrol vehicles in India by 2034: Gadkari

Mandi (Himachal Pradesh) , May 29 (ANI): Union Minister Nitin Gadkari said on Wednesday that the government has set a target of eliminating diesel...

Gautam Adani, Japanese envoy Hiroshi Suzuki hold talks on renewable energy project

New Delhi , May 29 (ANI): Gautam Adani, Chairman of the Adani Group, recently took to social media platform X to share insights from...

S&P ups India’s outlook to positive, raises hope for ratings upgrade in 2 years

New Delhi, May 29 (PTI) After a gap of about 10 years, S&P Global Ratings on Wednesday upped India's outlook to positive from stable...

After record power demand, Delhi NCR get rain relief

New Delhi , May 29 (ANI): Extreme heatwave conditions in Delhi continue to push the city's power demand upwards. According to the State Load...

Irdai directs health insurers to decide on cashless authorisation in 1 hour

New Delhi, May 29 (PTI) Regulator Irdai on Wednesday released a master circular on health insurance specifying that an insurer will have to...

Yen hits 4-week low, euro steady after German inflation data

By Alun John LONDON (Reuters) -The dollar held firm on Wednesday, boosted by higher U.S. yields, and gaining on the Japanese yen as placid markets encouraged investors to resume carry trades, while

S&P upgrades India’s outlook to positive citing robust growth, government spendings

New Delhi , May 29 (ANI): S&P Global Ratings on Wednesday revised its rating outlook on India to positive from stable, and added that...

On Camera

NTA was supposed to rescue exams from ‘Munna Bhais’. Now it’s part of the problem

National Testing Agency’s charter is to assess the 'competence of candidates' for admission and recruitment, but NEET and UGC-NET firestorms have put its own competency in question.

Fewer millionaires set to emigrate this yr, India produces ‘far more’ than those leaving — Henley report

The report predicts net emigration of 4,300 millionaires in 2024, lower than the outflow in 2023 & 2022. Congress has raised concerns about the outflow of HNIs from the country.

Army hospital commandant says no misuse of disability pension grant. ‘Scrutiny at all levels’

Lt Gen Nilakantan says revised Entitlement Rules & Guide to Medical Officers for pensions had been revised to rationalise disability classification, quantification & granting of disability.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.