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Economy

Dollar firm as traders awaits more Fed clues; sterling jumps after UK inflation

By Joice Alves and Brigid Riley LONDON/TOKYO (Reuters) - The dollar edged higher on Wednesday as investors awaited Federal Reserve meeting minutes for more insight on the central bank's rate path,

Gold slips as investors buckle up for Fed minutes

By Ashitha Shivaprasad (Reuters) - Gold prices slipped on Wednesday as investors strapped in for minutes from the Federal Reserve's most recent policy meeting for further insights on the timeline for

Continuity of power, crucial for economic reforms: Bernstein research

New Delhi , May 22 (ANI): As India braces for the outcome of the upcoming elections, the focus shifts towards the crucial reforms by...

CitiGroup fined Euro 62 million over 2022 trading blunder case

London , May 22 (ANI): The Financial Conduct Authority (FCA) has fined brokerage Citigroup Global Markets Limited (CGML) worth about Euro (£) 61.6 million,...

Gold prices ease as focus turns to U.S. Fed minutes

By Sherin Elizabeth Varghese (Reuters) - Gold prices inched down but hovered above the key $2,400 level on Wednesday, as investors awaited minutes from the Federal Reserve's latest policy meeting for

Oil slips for third day on likely ‘higher for longer’ US rates

By Alex Lawler LONDON (Reuters) -Oil prices fell over 1% on Wednesday, retreating for a third straight day on expectations the Federal Reserve might keep U.S. interest rates higher for longer due to

Cipla secures USFDA approval for pancreatic disease injection, shares surge

Mumbai (Maharashtra) , May 22 (ANI): Mumbai-headquartered pharma major, Cipla's US arm has secured final approval from the United States Food and Drug Administration...

Revenue of gold jewellers set for 17-19% growth in 2024-25: Crisil

New Delhi , May 22 (ANI): Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent revenue growth in...

Gold prices ease as focus turns to Fed minutes

By Sherin Elizabeth Varghese (Reuters) - Gold prices inched down but hovered above key $2,400 level on Wednesday, while investors await minutes from the Federal Reserve's latest policy meeting for

Nifty-Sensex opens flat, experts say FII’s selling balanced by DII’s buying

Mumbai (Maharashtra) , May 22 (ANI): The stock market indices, Sensex and Nifty 50, opened cautiously on Wednesday, experts say that DII's buying balances...

On Camera

Elections showed that Manipur still has faith in democracy. Will new govt deliver?

The people of conflict-torn Manipur will have every right to feel betrayed if the new government doesn’t break its silence and show its commitment to addressing the state's issues.

Cash-strapped Karnataka hikes fuel tax by Rs 3/l, could earn Rs 2,500-3,000 cr more per yr

Move to bring down differences in commodity prices with neighbouring states, says government. Oppn, dealers blame it on welfare, Congress's guarantees.

With an eye on China, IAF expands taxi track at Leh airport, new shelters being built

Expanded taxi track is smaller than those meant for civilian operations, but is long enough for fighters & military transport aircraft to operate.

Sangh wants BJP to know it’s not dispensable. It’s a rap on the knuckles, nothing more

Occasional lovers’ tiffs have marked history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power.