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Friday, April 26, 2024
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Economy

Dollar droops, Aussie jumps after inflation data

By Kevin Buckland TOKYO (Reuters) -The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling, but the yen remained mired near 34-year lows even as Japanese

Tesla’s shift on low-cost cars throws Mexico, India factory plans into limbo

SAN FRANCISCO (Reuters) -Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in

Asian shares rise on tech boost; yen on intervention watch

By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks rose on Wednesday, tracking Wall Street, as an after-hours surge in shares of EV maker Tesla following its promise of new models, and upbeat

Oil prices inch up after data shows unexpected drop in U.S. crude stocks

By Katya Golubkova TOKYO (Reuters) - Oil prices rose in early trade on Wednesday, adding to gains in the previous session, after industry data showed a surprise drop in U.S. crude stocks last week, a

Unemployment biggest worry in India, world’s fastest growing economy: Reuters poll

By Milounee Purohit BENGALURU (Reuters) - The biggest economic challenge for the government after the ongoing election is unemployment, according to economists polled by Reuters who expected the

Yen tumbles as markets on alert for Japan action; dollar falls after data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The yen dropped to multi-year lows against the U.S. dollar and euro on Tuesday, keeping investors on heightened Japanese intervention watch ahead of

Stocks gear up for Big Tech earnings; yen touches multi-year lows

By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) - Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors are focused on earnings reports from the U.S.

Shaping Indian startups: Top 10 women investors to watch out for in 2024-25

New Delhi , April 24 (ANI): The world is celebrating 'International Girls in ICT Day 2024' on April 25 this year. Although women now...

Gold holds steady as focus turns to U.S. economic data

By Ashitha Shivaprasad (Reuters) - Gold prices steadied on Tuesday after hitting a more than two-week low on diminishing fears about an escalation of tensions in the Middle East, with investors

Oil rises as dollar slips, focus shifts to economic data

By Shariq Khan NEW YORK (Reuters) -Oil prices rose a dollar a barrel on Tuesday as the U.S. dollar index fell to its lowest in over a week and as oil investors shifted focus away from geopolitical

On Camera

Maps from a German bookstore started the race to Siachen Glacier

German mountaineers Stallbohm and Poncar recall their interactions with Col. Narendra ‘Bull’ Kumar and shed light on the maps they gave him which drew his attention to Siachen.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.