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Oil prices edge up after days of losses

By Paul Carsten LONDON (Reuters) -Oil prices rose slightly on Wednesday, regaining some ground after steady sell-offs driven by expectations of reduced Chinese demand and diminishing concerns over the

Sitharaman says “numbers speak for themselves” as Indians increasingly opting new tax regime

New Delhi , August 21 (ANI): Numbers speak for themselves, asserted Union Finance Minister Nirmala Sitharaman addressing the 165th year of the Income Tax...

Amazon’s home, kitchen segment witnesses 25 pc growth in FY’24 in Odisha

Bhubaneswar, Aug 21 (PTI) E-commerce major Amazon India on Wednesday said its home, kitchen and outdoors segment has grown by nearly 25 per...

Use simple words in notices to taxpayers, exercise power judiciously: FM tells taxmen

New Delhi, Aug 21 (PTI) Finance Minister Nirmala Sitharaman on Wednesday asked tax officers to use simpler words in notices or letters they sent...

KKR affiliate to sell 17% stake in India Grid Trust

BENGALURU (Reuters) - U.S. private equity firm KKR's affiliate, Esoteric, will sell a 17.3% stake in India Grid Trust (IndiGrid) for $213.6 million, the Indian investment firm said on Wednesday. The

Dollar ticks up from year low as traders await data and Powell

By Harry Robertson and Kevin Buckland LONDON/TOKYO (Reuters) -The dollar edged higher on Wednesday after falling to its lowest level against the euro this year as investors waited for revisions to U.S

Oil prices steady after days of losses

By Paul Carsten LONDON (Reuters) -Oil prices steadied on Wednesday, with benchmark Brent holding above $77 a barrel, after steady sell-offs driven by expectations of reduced Chinese demand and

Sembcorp to build green ammonia plant in Tuticorin for export to Japan

Chennai, Aug 21 (PTI) Singapore's Sembcorp Industries Ltd will build a plant to produce green ammonia at Tuticorin in Tamil Nadu for export...

Investors look to Fed for next move after stocks recovery

By Huw Jones LONDON (Reuters) -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent lifetime highs, with investors waiting for clues on interest rate cuts from the

Gold remains flat at Rs 74,150/10g; silver falls Rs 150 per kg

New Delhi, Aug 21 (PTI) Gold prices remained flat at Rs 74,150 per 10 grams in the national capital on Wednesday, according to...

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?