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Economy

Oil prices edge lower on false rumours Israel agrees to ceasefire proposal

By Stephanie Kelly NEW YORK (Reuters) -Oil prices reversed gains on Thursday and edged lower after false market speculation that Israel agreed to a Gaza ceasefire proposal. Instead, a Qatar official

Gold climbs nearer one-month peak, focus on NFP data

By Anushree Ashish Mukherjee (Reuters) - Gold climbed nearer a one-month high on Thursday after data showed U.S. weekly jobless claims rose last week, while market focus shifted to the U.S. non-farm

Yields slide, stocks seesaw as markets mull rate cut outlook

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) - U.S. Treasury yields fell further and a gauge of global equity markets tried to rebound on Thursday as investors took the long view that

“Our responsibility is to think from investors’ viewpoint”: DIPAM secretary on disinvestment target for 2024

New Delhi , February 1 (ANI): Tuhin Kanta Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM) and one of the...

Oil prices buoyed by US signals on interest rate cuts

By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged higher on Thursday, boosted by the U.S. Federal Reserve signalling a possible start to interest rate cuts in coming months. Brent crude futures

Dollar mixed after Powell pushes back against March rate cut

By Karen Brettell NEW YORK (Reuters) - The dollar was steady against the euro on Thursday and fell against the yen after Federal Reserve Chair Jerome Powell pushed back against bets of early U.S. rate

Gold firms after US jobless claims, focus on NFP data

By Anushree Ashish Mukherjee (Reuters) - Gold prices gained on Thursday after data showed U.S. weekly jobless claims rose last week, while market focus shifted to the U.S. non-farm payrolls data for

Next spectrum auction to be significantly smaller than last one, moving fast on it: Vaishnaw

New Delhi, Feb 1 (PTI) The next spectrum auction will be a "limited auction", one that is significantly smaller than the previous round,...

Bankers hail fiscal consolidation, welfare measures in Budget

Mumbai, Feb 1 (PTI) Bankers have hailed the government's final budget for its focus on fiscal consolidation and welfare measures, which will help every...

Rupee rises 6 paise to 82.98 against US dollar

Mumbai, Feb 1 (PTI) The rupee appreciated by 6 paise to close at 82.98 against the US dollar on Thursday after the government...

On Camera

‘Coup’ against LK Jha, tussle between PN Haksar and PN Dhar—Indira Gandhi PMO was never dull

PN Haksar emerged as Indira Gandhi's ideological beacon and moral compass, playing a pivotal role in ‘Garibi Hatao’ and transformed her image from a 'goongi gudiya' to an 'Iron Lady'.

Cash-guzzling ops, delayed filings, investor scorn — how Byju’s flew too close to the sun & got burnt

Fighting fires on all fronts — from inability to pay salaries to mismanagement allegations, cases in NCLT & ED probe — Byju's valuation has dropped to $250 mn from $22 bn in 2022.

Iron Dome, David’s Sling & the Arrow — what makes up Israel’s mega multi-layered air defence system

On 6 May 1985, Israel and the United States signed an MoU on the development of a missile defence system against long-range threats, which is the genesis of Tel Aviv’s air defence umbrella.

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.