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Friday, March 29, 2024
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Economy

Dollar edges down as Fed meeting minutes meet expectations

By Karen Brettell NEW YORK (Reuters) -The dollar index edged lower on Wednesday after minutes from the Federal Reserve’s January meeting came in largely as expected and showed that the bulk of

Oil rises 1% on signs of tightening supplies

By Shariq Khan NEW YORK (Reuters) -Oil prices rose about 1% on Wednesday as geopolitical tensions raged on in the Middle East and traders assessed signs of near-term supply tightness. U.S. West Texas

Govt to work on developing Indian mobile phone brand: Ashwini Vaishnaw

New Delhi, Feb 21 (PTI) The government is working on developing an Indian mobile phone brand based on learning from the success of...

Karnataka HC refuses to stay BYJU’s EGM on Feb 23

New Delhi, Feb 21 (PTI) Karnataka High Court on Wednesday refused to stay an emergency shareholder meeting called by select investors of Think...

Oil steady as investors weigh US rate cut outlook with Middle East tensions

By Robert Harvey LONDON (Reuters) -Oil prices steadied on Wednesday, stabilising from losses in the previous session, as growing expectations that cuts to U.S. interest rates will take longer than

Dollar steady, stocks slip ahead of Nvidia results

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global stocks slipped on Wednesday ahead of highly anticipated results from chipmaker Nvidia, while the dollar seesawed as investors await

Govt to soon come out with tender for introducing GPS-based highway toll collection system: Gadkari

New Delhi, Feb 21 (PTI) The government will soon come out with a tender for introducing GPS-based highway toll collection system on national...

PE firm CVC Capital raises USD 6.8 bn

Mumbai, Feb 21 (PTI) Private equity and investment advisory firm CVC Capital Partners on Wednesday said it has mopped up USD 6.8 billion...

Dollar mixed, moves subdued before Fed meeting minutes

By Karen Brettell NEW YORK (Reuters) - The dollar edged up against the yen and down against the euro on Wednesday but market moves were muted before the Federal Reserve is due to release minutes from

Gold firms on MidEast conflict, focus on US Fed minutes

By Anushree Ashish Mukherjee (Reuters) - Gold prices rose on Wednesday as elevated tensions in the Middle East fuelled a rush into safe-haven, while the market focus shifted to the minutes from the

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.