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Rupee rises 3 paise to close at 83.90 against US dollar

Mumbai, Aug 23 (PTI) The rupee traded in a narrow range and settled higher by 3 paise at 83.90 against the American currency...

SEBI accuses Debock Industries of defrauding investors, regulators

New Delhi , August 23 (ANI): Financial markets regulator SEBI has accused Debock Industries Limited of defrauding investors and deceiving regulatory authorities.Debock Industries Limited...

Gold gains 1% as Powell comments hint at September cut

By Anushree Ashish Mukherjee (Reuters) - Gold prices climbed 1% as the dollar and Treasury yields retreated following Federal Reserve Chair Jerome Powell comments signalling an interest rate cut in

Govt plans to review 6-decade-old sugar production, pricing norms

New Delhi, Aug 23 (PTI) The food ministry plans to revamp the nearly six-decade-old regulation regarding production, storage and pricing of sugar to...

Adani Group promoter sells 2.8 pc stake in Ambuja Cements for Rs 4,250 cr

New Delhi, Aug 23 (PTI) Adani Group promoter on Friday divested nearly a 2.8 per cent stake in Ambuja Cements to investors like...

World shares gain, Treasury yields dip after Fed signals lower rates

By Lawrence Delevingne and Alun John (Reuters) - World shares gained on Friday, just shy of all-time highs, while the dollar languished around one-year lows after a speech by the world's most powerful

Gold ekes out gains as traders strap in for Powell’s Speech

By Anushree Ashish Mukherjee (Reuters) - Gold prices gained on Friday on a softer dollar, while traders braced ahead of Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium for

Oil up over 1% but set to end week down on demand concerns

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose 1% on Friday on a softer dollar but were still set to end the week lower as weaker U.S. employment data raised concerns over the health of the

India’s foreign exchange reserves rose USD 4.5 billion to reach USD 674.7 billion

New Delhi , August 23 (ANI): India's foreign exchange reserves increased by USD 4.546 billion, reaching USD 674.664 billion, just below their all-time high,...

SEBI imposes penalty against Anand Rathi Share and Stock Broker for failing to inspect trading terminals

New Delhi , August 23 (ANI): Financial markets regulator SEBI has imposed a penalty of Rs 7 lakh on Anand Rathi Share and Stock...

On Camera

India should steer clear of an ‘Asian NATO’. Its strategic flexibility is at stake

Japan PM Shigeru Ishiba’s proposal for an Asian NATO stems from his belief that the absence of a collective defence alliance could lead to wars. It’s a step too far for India.

You can’t ‘wish away’ China, India must balance economic & security considerations, says Sanjeev Sanyal

Sanyal, an economist & member of the Economic Advisory Council to PM, also suggests that if India is to import parts from China, why not allow Chinese companies to manufacture in India.

Compete, coexist, confront & contest: Army chief General Dwivedi says on dealing with China

Referring to current situation, General Upendra Dwivedi says it is stable but not normal; instead, sensitive. He adds the diplomatic side can only come up with certain options.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?