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Wednesday, April 17, 2024
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Economy

India’s Tata Motors to hike commercial vehicle prices by up to 2%

BENGALURU (Reuters) - Indian automaker Tata Motors said on Thursday it will raise prices of its commercial vehicles by up to 2% from April 2024, to offset the residual impact of past input costs. (

UNO Technology to build high-vision air traffic control cabin at Madurai airport

Mumbai, Mar 7 (PTI) Engineering solutions firm UNO Technology on Thursday said it has secured the mandate to build high-vision air traffic control...

Gold extends rally to record as Powell hints at rate cut in 2024

By Harshit Verma (Reuters) - Gold prices surged to a record high on Thursday, poised for their seventh consecutive daily rise, led by sluggish U.S. economic data and Federal Reserve Chair Jerome

Yen gains as speculation of imminent BOJ pivot grows; dollar eases

By Rae Wee SINGAPORE (Reuters) -The yen hit a one-month high against the dollar on Thursday on growing speculation that the Bank of Japan could end negative interest rates this month, while bets that

SWAMIH fund to provide Rs 160 crore to Stans Buildtech Homes to complete stalled project in Mumbai

New Delhi, Mar 7 (PTI) Government-backed stress fund SWAMIH has provided Rs 160 crore to Stans BuildtechHomes for the completion of a stalled...

Asian shares broadly higher; BOJ chatter lifts yen, dents Nikkei

By Stella Qiu SYDNEY (Reuters) -Asian stocks were mostly up on Thursday as investors took comfort from growing signs the Federal Reserve will soon embark on rate cuts, while chatter of an imminent

Oil prices hold gains on upbeat China trade data

By Florence Tan SINGAPORE (Reuters) -Oil prices held steady on Thursday, holding onto overnight gains after upbeat Chinese trade data and after U.S. data showed a smaller-than-expected rise in crude

Gold extends rally to hit new record as Powell hints at rate cut in 2024

By Harshit Verma (Reuters) - Gold prices rallied to hit new records on Thursday, on track for their seventh consecutive daily rise, led by weak U.S. economic data and Federal Reserve Chair Jerome

Asian shares rise on US rate relief, yen jumps on BOJ chatter

By Stella Qiu SYDNEY (Reuters) -Asian shares rose on Thursday while the dollar nursed losses after the world's most powerful central banker reassured investors that U.S. rates would fall this year,

Yen gains on chance of imminent BOJ pivot; dollar broadly lower

By Rae Wee SINGAPORE (Reuters) -The yen scaled a one-month high against the dollar on Thursday, as growing speculation that the Bank of Japan (BOJ) could end negative interest rates as soon as this

On Camera

There’s too much Akshay Kumar on screen. Take a break and come back with a Hera Pheri

Every few months, a new release raises the question: Can this film save Akshay Kumar’s career? So far, the answer has been a resounding no.

Pilots, engineers, maintenance crew — skilled worker shortages add to crisis in aviation sector

India’s aviation space is grappling with more than just a pilot deficit problem as industry experts highlight the need for the government and the aviation regulator to step in.

Indian Navy carries out maiden operation as CMF member, seizes 940 kg drugs in Arabian Sea

India became an associate member of CMF in July 2022 and a full member last November; another engagement key to the country’s widening military diplomacy.

44 years on, two things that have changed in Modi’s BJP, and one that hasn’t

As the BJP heads for a likely third successive term in power, it's fascinating to debate how true it looks to the original proposition: a party with a difference.