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Friday, April 19, 2024
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Economy

S&P 500 near 5,000; Treasury yields rise after auction

By Chris Prentice and Caroline Valetkevitch NEW YORK (Reuters) -Wall Street's major indexes put in a mixed performance on Thursday with the S&P hovering near the 5,000-point mark as the U.S. dollar

Oil up 3% on Gaza ceasefire rejection and US fuel stocks data

By Nicole Jao LONDON (Reuters) -Oil prices gained more than 3% on Thursday on concerns of a broadening conflict in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures

S&P 500 near 5,000; Treasury yields rise after auction

By Chris Prentice and Caroline Valetkevitch NEW YORK (Reuters) -Wall Street's major indexes put in a mixed performance on Thursday with the S&P hovering near the 5,000-point mark as the U.S. dollar

Dollar gains as jobless claims affirm resilient US labor market

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data on unemployment benefits again pointed to a resilient U.S. labor market, reinforcing the Federal

Gold inches lower on firm dollar, yields; palladium extends fall

By Anushree Ashish Mukherjee (Reuters) - Gold prices edged lower on Thursday, hurt by a stronger dollar and elevated bond yields as hopes for an early interest rate cut from the U.S. Federal Reserve

Oil up 2% on Gaza ceasefire rejection and US fuel stocks data

By Nicole Jao LONDON (Reuters) -Oil prices gained over 2% on Thursday on concerns of a broadening conflict in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures rose

India’s Grasim posts smaller-than-feared Q3 profit fall as viscose business recovers

BENGALURU (Reuters) - Aditya Birla Group-owned Grasim Industries reported a smaller-than-expected fall in third-quarter profit on Thursday, as strong viscose business outweighed decline in its

Stocks little changed; dollar up after jobless claims

By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes were little changed on Thursday with the S&P 500 holding just shy of the 5,000 level, while the U.S. dollar inched higher after U.S.

Foxconn invites bids to construct Rs 1,200-crore plant in Karnataka

New Delhi, Feb 8 (PTI) Taiwanese electronics manufacturer Foxconn has invited bids to construct a plant in Karnataka with an outlay of Rs...

Govt, exporters, shippers discuss Red Sea crisis; commerce ministry asks FIEO to share specific issues

New Delhi, Feb 8 (PTI) Officials from ministries of finance, shipping as well as commerce and industry on February 7 discussed problems being...

On Camera

CBDT signs record 125 Advance Pricing Agreements, 31% more than last year

The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.

India to start delivery of BrahMos missiles and launchers to Philippines tomorrow

India has completed storage-building space in one of the Philippines' islands as part of $374.96 million deal signed in January 2022.

44 years on, two things that have changed in Modi’s BJP, and one that hasn’t

As the BJP heads for a likely third successive term in power, it's fascinating to debate how true it looks to the original proposition: a party with a difference.