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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

Dollar dips as traders eye Jackson Hole, yen firms after Ueda comments

By Ankur Banerjee and Sruthi Shankar SINGAPORE (Reuters) -The dollar was softer on Friday as traders geared up for Federal Reserve Chair Jerome Powell's speech at Jackson Hole, while the yen led gains

On Camera

Indian industry in Bangladesh is staring at a void. New Delhi must give line of credit to Dhaka

For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.


Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

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?