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Indian stocks settle steady; markets now await Fed chair’s Jackson Hole address

New Delhi , August 23 (ANI): The stock market closed flat on the last trading day of the week after a volatile session, as...

Gold climbs as traders position for Powell’s speech

By Rahul Paswan (Reuters) - Gold prices rose on Friday as investors positioned themselves for Federal Reserve Chair Jerome Powell's speech that could shed light on a potential U.S. September interest

India bans 156 commonly used combination drugs citing possible risks to humans

New Delhi , August 23 (ANI): The central government has prohibited as many as 156 combination drugs that are often administered as painkillers, multivitamins,...

Jio introduces industry-best international roaming packs for UAE, Thailand, Canada, Saudi Arabia, Europe, Caribbean Islands

Mumbai (Maharashtra) , August 23 (ANI): Telecom operator Jio has introduced country-specific packs roaming packs for destinations, such as the United Arab Emirates, Canada,...

Oil set to end week lower on demand concerns, easing supply view

By Ahmad Ghaddar LONDON (Reuters) -Oil prices firmed on Friday but were on track to end the week lower, as weaker U.S. employment data raised concerns over the health of the world's largest oil

GAIL signs pact with US-based Petron to set up bio-ethylene plant in India

New Delhi , August 23 (ANI): State-owned energy giant, GAIL (India) and US-based Petron Scientech Inc (Petron) will start exploration for setting up a...

1.09 crore new subscribers added in FY24 under EPF scheme

New Delhi , August 23 (ANI): Under the Employees' Provident Funds Scheme, a total of 1.09 crore new EPF subscribers were added during the...

Anil Ambani banned from markets for 5 yrs, fined Rs 25 crore. Mastermind of fraud scheme, says SEBI

Following an investigation, SEBI found several serious discrepancies and lapses in the way Ambani’s company Reliance Home Finance had disbursed loans, including to related parties.

Mumbai ranked second in World in terms of property price appreciation: Knight Frank

New Delhi , August 23 (ANI): The ranking of Mumbai has improved significantly on 'Prime Global Cities Index Q2 2024', in an international index...

Shares hold near record high with Powell in focus, dollar in the doldrums

By Alun John and Stella Qiu LONDON/SYDNEY (Reuters) -World shares steadied on Friday, sitting just 1% shy of all-time highs, while the dollar languished around one-year lows ahead of a speech by the

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?