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Economy

L&T Finance aims at 25pc CAGR, retail lending in focus

Kolkata, May 15 (PTI) L&T Finance Ltd is aiming at a 25-per cent compound annual growth rate (CAGR) over the next few years,...

Spices banned in Singapore and Hong Kong are less than 1 pc of India’s total exports

New Delhi , May 15 (ANI): After the recent spice controversy, where Singapore and Hong Kong banned the sale of MDH and Everest spices...

Exports up 1 pc to USD 35 bn in April; trade deficit widens to 4-month high at USD 19.1 bn

New Delhi, May 15 (PTI) India's merchandise exports rose by 1 per cent to USD 34.99 billion in April even as the trade deficit...

Dollar slides against major currencies after CPI report

(Reuters) -The dollar fell on Wednesday after U.S. consumer prices increased less than expected in April, suggesting inflation has resumed a downward trend in the second quarter and that the Federal

Stocks jump, dollar slides after cooler US inflation

By Amanda Cooper LONDON (Reuters) -Global share markets rallied and the dollar dropped on Wednesday, after data showed U.S. inflation rose less than expected in April, while consumer spending slowed,

‘Not sure how GDP numbers coming’: Asian Paints CEO points to disconnect with sectoral performance

At a time when the government expects the economy to have grown 8% in 2023-24, FMCG companies are struggling to lift sales above low single-digits.

Exponential and unprecedented development seen in last 10 years across different sectors: Nirmala Sitharaman

New Delhi , May 15 (ANI): Finance Minister Nirmala Sitharaman on Wednesday attacked the Congress for neglecting India's growth for the 10 years in...

India Surpasses Major APAC Countries in Data Center Capacity, Projected to Exceed 1800 MW by 2026

New Delhi , May 15 (ANI): India has topped major APAC countries with the highest data centre capacity of 950MW in the Asia-Pacific region...

Oil prices steady on US inventories drawdown expectations

By Noah Browning LONDON (Reuters) - Oil prices slipped on Wednesday as International Energy Agency (IEA) data showed demand in developed countries was forecast to flag this year as inflation remains

Stocks at record high ahead of inflation data; meme mania heats up

By Amanda Cooper LONDON (Reuters) -Global shares rose while the dollar retreated on Wednesday, after a hot reading of U.S. wholesale inflation set a nervous tone for trading before a consumer price

On Camera

‘Bridgerton’ sex scenes don’t hesitate with body positivity—and the fans love it

In the world of ‘revenge bodies’ and ‘weight loss journeys’, it is wonderful to be unabashedly worshipped for one’s curves, as Colin does for Penelope in the famous ‘mirror scene’.

Siddaramaiah defends fuel price hike amid protests by BJP — ‘don’t we need money for development?’

BJP alleges the hike will be put towards bankrolling Congress govt's 5 guarantees in Karnataka, while CM Siddaramaiah says hike is to 'increase resource mobilisation, increase income'.

Takeaways from Doval-Sullivan meet — semiconductor partnership, co-investment in lithium project

NSA Ajit Doval met with US counterpart Jake Sullivan at 2nd meeting of initiative on Critical and Emerging Technology. Other areas of collaboration include space, biotechnology, AI.

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.