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Economy

India cenbank releases draft disclosure framework for banks to address climate risks

MUMBAI (Reuters) - With climate change one of the biggest emerging risks, the Reserve Bank of India (RBI) released a draft standard disclosure framework on climate-related financial risks for

Tea body welcomes move to sell dust tea through auction route

Kolkata, Feb 28 (PTI) Tea Association of India (TAI), a body of planters, on Wednesday hailed the decision of the Tea Board for...

Dollar firmer before key inflation data, kiwi sinks as RBNZ holds rates

By Samuel Indyk and Brigid Riley LONDON (Reuters) -The dollar firmed up on Wednesday as markets awaited a raft of global inflation data for clues on when central banks may start easing policy, while

Stocks slip as traders hold fire ahead of US inflation data

By Tom Wilson LONDON (Reuters) -World stocks eased on Wednesday as traders held their fire ahead of a U.S. inflation reading this week that may influence the timing of the Federal Reserve's easing

Equity investors become poorer by Rs 6 lakh cr as markets crash

New Delhi, Feb 28 (PTI) Investors' wealth eroded by Rs 6 lakh crore in a single day on Wednesday as the BSE benchmark Sensex...

Uday Shankar to be vice chair of India’s merged Reliance-Disney media business – sources

NEW DELHI (Reuters) - Former Walt Disney executive Uday Shankar will be named as vice chairman of the board following a merger between the India media assets of Reliance Industries and Disney, two

Rupee ends slightly lower pressured by weakness in Asian peers

By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee ended slightly weaker on Wednesday, weighed down by weakness in its Asian peers, even as dollar sales from state-run banks helped ease some of the

Sensex, Nifty tumble over 1 pc due to selling in Reliance, bank stocks

Mumbai, Feb 28 (PTI) Benchmark Sensex tanked more than 1 per cent while Nifty declined below the 22,000 level on Wednesday due to selling...

Gold hurt by dollar rebound; traders eye key data for Fed rate cut timing

By Sherin Elizabeth Varghese (Reuters) - Gold prices edged down for a third straight day on Wednesday, hurt by a rebounding U.S. dollar, ahead of crucial economic data which help shape investors' view

Gold prices decline Rs 50; Silver falls Rs 300

New Delhi, Feb 28 (PTI) Gold prices declined Rs 50 to Rs 62,900 per 10 grams in the national capital on Wednesday amid weak...

On Camera

Indira, Manmohan, Modi, all raised income inequality. Until Hindu fears took the driving seat

The issue of inequality has assumed the blazing limelight at a time when inequality in India is said to be higher than it was in the British Raj. It's a ripe situation for half-truths and incendiary statements.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.