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Economy

Gold gains as markets await Fed minutes, Mideast tensions boost appeal

By Anjana Anil (Reuters) - Gold prices rose on Wednesday as investors looked to the minutes of the Federal Reserve's latest policy meeting for cues on timing of interest rate cuts, while safe-haven

Dollar steadies as traders await Fed minutes for rate clues

By Rae Wee and Joice Alves SINGAPORE/LONDON (Reuters) -The dollar steadied on Wednesday as traders awaited minutes of the Federal Reserve's latest policy meeting for further clues on the central

Stocks ease as investors await Nvidia reality check, Fed minutes

By Amanda Cooper LONDON (Reuters) - Global shares eased on Wednesday ahead of earnings from Nvidia, which many are hoping will help justify the hype around 2024's AI-driven rally, and ahead of minutes

Zee Entertainment shares tumble 12 pc; hit lower circuit limit

New Delhi, Feb 21 (PTI) Shares of Zee Entertainment Enterprises Ltd (ZEEL) tumbled 12 per cent in the mid-session trade on Wednesday amid reports...

China boosts Asian shares as investors brace for Nvidia earnings

By Ankur Banerjee SINGAPORE (Reuters) -Chinese markets lifted Asian stocks on Wednesday on optimism over steps taken by policymakers to boost confidence, while looming earnings from Nvidia kept

Dollar tracks global yields lower as Fed minutes awaited

By Rae Wee SINGAPORE (Reuters) -The dollar fell broadly on Wednesday as it tracked a global decline in bond yields, while traders awaited minutes of the Federal Reserve's latest policy meeting due

At Rs 395, Paytm shares hit upper circuit for fourth straight session

New Delhi, Feb 21 (PTI) Shares of One97 Communications which owns Paytm brand hit the upper circuit for the fourth consecutive session on...

Gold rises on softer dollar, safe-haven demand; focus on Fed minutes

By Sherin Elizabeth Varghese (Reuters) - Gold prices rose for a sixth straight session on Wednesday, supported by a weaker dollar and safe-haven buying, ahead of the minutes from the U.S. central

Oil rises as investors weigh Red Sea attacks, US rate cut outlook

By Mohi Narayan NEW DELHI (Reuters) -Oil prices regained some ground in Asian trade on Wednesday amid concerns over attacks on shipping in the Red Sea and growing expectations that cuts to U.S.

Asian shares ease as early rate cut bets fizzle, focus on Fed minutes

By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks eased on Wednesday as diminishing expectations of early interest rate cuts from the Federal Reserve sapped risk appetite, with investors looking to

On Camera

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

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.