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Pound at new 13-month high, wage data nudges euro

By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) -Business activity data helped lift the pound to a new 13-month high against the dollar on Thursday and kept the euro just shy of a similar peak,

Not against e-commerce firms, want them to be fair and honest: Goyal

Mumbai, Aug 22 (PTI) Union Commerce Minister Piyush Goyal on Thursday said that India is not against e-commerce companies but wants them to be...

Sensex gains 147pts, Nifty ends above 24,800 on firm global trends

Mumbai, Aug 22 (PTI) Benchmark BSE Sensex rose by 147 points to settle above 81,000 level while Nifty closed above 24,800 following buying in...

Wipro Hydraulics opens Rs 250 cr manufacturing facility in Jaipur

Jaipur, Aug 22 (PTI) Wipro Hydraulics on Thursday inaugurated its sixth manufacturing facility in Jaipur, Rajasthan, built with an investment of about Rs 250...

Monthly economic review of July affirms real GDP growth at 6.5-7.0 per cent for FY25

New Delhi , August 22 (ANI): In the first four months of FY25, the Indian economy has demonstrated impressive resilience and sustained momentum, underscoring...

Gold dips on dollar uptick; focus turns to Powell’s comments

By Sherin Elizabeth Varghese (Reuters) - Gold prices eased on Thursday as the dollar ticked up, while investors positioned themselves for Federal Reserve Chair Jerome Powell's speech for insights into

Oil prices steady as US crude draw limits downside

By Arunima Kumar (Reuters) - Oil prices were steady on Thursday, after falling for four straight days as investors worried about the global demand outlook, but a decline in U.S. fuel inventories

FSSAI orders removal of A1, A2 milk claims from products

New Delhi, Aug 22 (PTI) Food safety regulator FSSAI on Thursday directed food businesses, including e-commerce players, to remove claims of 'A1' and 'A2' types...

Stock market closes with minor gains in a rangebound session on Thursday

New Delhi , August 22 (ANI): The stock market on Thursday closed with minor gains in a rangebound session. On Thursday, the NSE Nifty...

GAIL, Petron sign pact to explore setting up bio-ethylene plant in India

New Delhi, Aug 22 (PTI) State-owned gas utility GAIL (India) Ltd on Thursday said it has signed an agreement with US biofuel producer...

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?