scorecardresearch
Friday, May 3, 2024
HomeEconomy

Economy

Gold trips as markets scale back US rate cut bets ahead of key data

By Swati Verma (Reuters) - Gold slipped on Monday as markets pared back expectations of the Federal Reserve's easing cycle and cautiously awaited a key inflation reading this week, which is likely to

India government’s dividend income from cenbank in FY25 to be similar to FY24, source says

NEW DELHI (Reuters) - The Indian government expects its dividend income from the Reserve Bank of India for the current financial year ending March to stay at levels similar to the last financial year,

Oil extends losses on cautious interest rate outlook

By Noah Browning LONDON (Reuters) -Oil prices fell on Monday, extending losses on market views that higher than expected inflation could delay cuts to high interest rates that have been capping growth

Dollar holds firm ahead of inflation-heavy data deluge

By Amanda Cooper LONDON (Reuters) - The dollar held fairly steady on Monday ahead of a macro-packed week that could shed more light on the global rate outlook, with a U.S. inflation reading taking

World shares off record highs ahead of inflation tests

By Yoruk Bahceli (Reuters) -World shares stalled just below record highs on Monday as investors awaited inflation data from the United States and euro zone that could further refine interest rate

Flipkart launches fourth grocery fulfilment centre in Bengal

Kolkata, Feb 26 (PTI) E-commerce major Flipkart on Monday announced the launch of its fourth grocery fulfilment centre in West Bengal.The fulfilment centre...

Gold backs off two-week highs on US rate cut concerns

By Sherin Elizabeth Varghese (Reuters) - Gold prices eased on Monday, hovering below the over two-week peak hit in the previous session, as fading odds of an early U.S. interest rate cut weighed on

SJVN Green Energy, Jammu & Kashmir Power Corporation ink pact for 300 MW power supply

New Delhi, Feb 26 (PTI) SJVN Green Energy has said it has signed an agreement with Jammu & Kashmir Power Corporation Ltd to...

Govt expedites inspection of crisis-hit BYJU’S

New Delhi, Feb 26 (PTI) The corporate affairs ministry has asked its field officers to expedite the inspection of the books of BYJU'S and...

Indian hotel industry to report seven to nine per cent revenue growth in FY25: ICRA

Kolkata, Feb 26 (PTI) The Indian hotel industry is expected to register a revenue growth of seven to nine per cent in the...

On Camera

Stop targeting Galgotias University students. Focus on politicians instead

Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

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.