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Economy

Stocks and bonds move sideways in holiday-shortened week

By Alden Bentley and Amanda Cooper NEW YORK/LONDON (Reuters) -Wall Street tracked lackluster advances in most global share indexes on Tuesday as the yen was steady not far above 2022 intervention

Salgaocar elected as chairperson of CII western region for 2024-25

Mumbai, Mar 26 (PTI) V M Salgaocar & Brother's president Swati Salgaocar has been elected as the chairperson of CII's western region for...

Oil steadies as markets weigh Russian supply woes

By Noah Browning LONDON (Reuters) -Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks while a

India’s current account deficit narrows to USD 10.5 billion or 1.2 pc of GDP in Oct-Dec 2023

Mumbai, Mar 26 (PTI) India's current account deficit narrowed to USD 10.5 billion or 1.2 per cent of GDP in the October-December quarter...

Rupee jumps 32 paise to close at 83.29 against US dollar

Mumbai, Mar 26 (PTI) The rupee recovered from all-time low level and appreciated 32 paise to close at 83.29 against the US dollar...

Govt to begin procurement of 5 lakh tonnes of rabi onion in 2-3 days to protect farmers’ interest

New Delhi, Mar 26 (PTI) Amid concern over likely fall in mandi prices in view of extension of onion export ban, the government...

PE firm Olympus to sell up to $235 million stake in India’s Aster DM, term sheet shows

By M. Sriram and Dimpal Gulwani (Reuters) -Private equity firm Olympus Capital Asia plans to sell a 9.8% stake in India's Aster DM Healthcare for up to 19.53 billion rupees (nearly $235 million),

Dollar slips, yen steady after Japanese finance minister comments

By Karen Brettell NEW YORK (Reuters) - The dollar dipped on Tuesday as traders waited on a fresh catalyst to give clues on Federal Reserve policy, while the yen was steady after Japan’s finance

YouTube removes over 2.2 mn videos in India over community norm violation in Oct-Dec

New Delhi, Mar 26 (PTI) YouTube removed over 2.25 million videos in India between October and December 2023 for the violation of its...

PE firm Olympus to sell 9.8% stake in India’s Aster DM Healthcare for up to $234.5 million, term sheet shows

(Reuters) -Private equity firm Olympus Capital Asia plans to sell a 9.8% stake in India's Aster DM Healthcare for up to 19.53 billion rupees (nearly $234.5 million), according to a term sheet seen by

On Camera

Phase 5 is crunch time for BJP—UP will boost INDIA, Maharashtra will clear up real vs fake

Just like Phase 3, in this round too, the NDA stands to lose ground due to the sheer number of seats it had won the last time — 39 of the 49 seats, of which the BJP alone had won 32.

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?