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Dollar drops as jobs gains revised sharply lower

By Karen Brettell (Reuters) -The dollar fell to a more than one-year low against the euro and sterling on Wednesday after data showed employers added 818,000 fewer jobs in the year to March 2024 than

Oil falls $1 after US revises employment data lower

By Georgina McCartney HOUSTON (Reuters) -Oil prices fell on Wednesday after the U.S. government revised significantly lower the number of jobs added in the year to March, pressuring investor sentiment

Zomato to acquire Paytm’s entertainment ticketing business for Rs 2,048 cr

New Delhi, Aug 21 (PTI) Online food delivery platform Zomato will acquire Paytm's entertainment ticketing business for Rs 2,048 crore to strengthen its "going-out"...

BEML, Indian Navy forge strategic partnership to develop advanced marine applications for defence

New Delhi , August 21 (ANI): In a move towards bolstering India's defense capabilities and advancing the Aatmanirbhar Bharat initiative, BEML Ltd., the nation's...

Dollar mixed after large downward jobs revision

By Karen Brettell (Reuters) - The dollar was mixed on Wednesday after data showed employers added 818,000 fewer jobs in the year to March 2024 than previously thought, though the odds of the Federal

Oil edges up after US crude stock draw, weak Chinese economy caps gains

By Georgina McCartney HOUSTON (Reuters) -Oil prices edged up on Wednesday after a larger than expected crude stock draw, which offset some concerns around China's weakened economy seen as potentially

Paytm proposes reduced remuneration for board members; sets annual compensation at Rs 48 lakh for good governance

New Delhi , August 21 (ANI): Ahead of its Annual General Meeting on September 12, Paytm's board of directors has opted for a significant...

Tax notices should have simpler language, use power judiciously: FM tells taxmen

New Delhi, Aug 21 (PTI) Finance Minister Nirmala Sitharaman on Wednesday asked tax officers to use simple language in income tax communications so that...

General Atlantic exits India’s PNB Housing in $127 million deal

BENGALURU (Reuters) - U.S. private equity firm General Atlantic on Wednesday sold its entire stake worth 10.69 billion rupees ($127.40 million) in India's PNB Housing Finance, stock exchange data

Amardeep Singh Bhatia takes charge as DPIIT secretary

New Delhi , August 21 (ANI): Amardeep Singh Bhatia has assumed the charge of Secretary, Department for Promotion of Industry and Internal Trade, Ministry...

On Camera

Gaza, Ukraine being fought on techno-battlefields. Indian military is 3 decades behind

My assessment is that the Indian armed forces are adopting emerging technologies for incremental change and not transformation—which is the need of the hour.

India’s manufacturing workers saw prices rise faster than incomes even as their productivity fell

Latest Annual Survey of Industries 2022-23 shows large segments of India’s manufacturing workforce are employed in low-productivity work, value added per worker has contracted.

‘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?