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Economy

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...

Stocks stagnate as investors await US inflation data

By Tom Wilson and Ankur Banerjee LONDON/SINGAPORE (Reuters) -World stocks eased on Wednesday as traders held their fire ahead of a U.S. inflation reading later this week that may influence the timing

Dollar firms 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

On Camera

Prajwal Revanna case shows why and how sexual crimes by men in politics can go unchecked for years

It would be a disservice to the women of Hassan to look at Prajwal Revanna’s alleged abuse of power as a ‘sex scandal’. Allegations against him show what ‘absolute power corrupts absolutely’ actually means.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

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.