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Gold falls as traders hunker down for US inflation print

By Ashitha Shivaprasad (Reuters) - Gold prices slipped on Wednesday as U.S. Treasury yields firmed, while investors geared up for a crucial inflation report due later this week that could provide

Oil prices gain on expectations of OPEC+ extension to output cuts

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose on Wednesday on expectations that major producers will extend output cuts at a meeting on Sunday and that fuel consumption will start rising with the

India’s Deepak Fertilisers And Petrochemicals’s Q4 profit falls on weak demand

BENGALURU (Reuters) - Indian agricultural chemicals firm Deepak Fertilisers and Petrochemicals posted nearly a 16% fall in profit on Wednesday, dragged by muted performance in its mainstay chemicals

India’s Jubilant Pharmova reports narrower fourth-quarter loss

BENGALURU (Reuters) - Indian pharmaceutical firm Jubilant Pharmova reported a narrower fourth-quarter loss on Wednesday, aided by strong demand for drugs that contain radioactive ingredients. The

Asset Reconstruction Companies not working as per their mandate to reconstruct and recover stressed assets: RBI

Mumbai (Maharashtra) , May 29 (ANI): The Reserve Bank of India raised alarm on the functioning of the Asset Reconstruction Companies (ARCs) by highlighting...

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

New Delhi, May 29 (PTI) Giving thumbs up to the economic management of the Modi government, S&P Global Ratings after a gap of 14...

Support to farmers, food security, outdated data — WTO members question India’s agriculture policies

WTO's Committee on Agriculture met last week in Geneva. During this meeting, members could question each other on agricultural policies that potentially impacted trade.

India’s cold chain Industry, will grow to Rs 5 lakh cr by 2030 from Rs 2 lakh cr now: DPIIT

New Delhi , May 29 (ANI): India's cold chain sector is on the cusp of growth and innovation, according to Dr Surendra Ahirwar, Joint...

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

By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) -The Japanese yen drifted to its softest level in four weeks against the dollar on Wednesday on the back of rising U.S. yields, as placid

S&P upgrades outlook on India’s sovereign rating to ‘positive’

By Swati Bhat MUMBAI (Reuters) -S&P Global Ratings raised India's sovereign rating outlook to 'positive' from 'stable' while retaining the rating at 'BBB-', saying on Wednesday the country's robust

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.