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Friday, April 26, 2024
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Economy

Dollar gains as jobless claims points to resilient labor market

(Refiling to fix typograpical error in headline) By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data on unemployment benefits again pointed to a

Dollar gains as jobless claims point to resilient labor market

(Refiling to fix typograpical error in headline) By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data on unemployment benefits again pointed to a

Paytm app not impacted by directives; banks may partner after due diligence: RBI

Mumbai, Feb 8 (PTI) The Reserve Bank on Thursday said that the regulatory action is against Paytm Payment Bank Ltd (PPBL) and Paytm...

India’s Torrent Power reports Q3 profit fall on higher expense

BENGALURU (Reuters) - India's Torrent Power reported a fall in third-quarter profit on Thursday, dragged by increased fuel costs. The company's consolidated net profit fell 47% from the previous year

India’s Aster DM posts first quarterly profit rise in five quarters

BENGALURU (Reuters) - Aster DM Healthcare posted its first increase in quarterly profit since the first quarter of fiscal 2023 on the back of strong performance at the company's domestic hospitals

IHCL inks 60-yr licensing pact for Ginger Hotel at Goa airport

Mumbai/Panaji, Feb 8 (PTI) Indian Hotels Company (IHCL) on Thursday announced signing of a sub-license agreement for a 300-key Ginger Hotel at Manohar...

RBI leaves interest rate unchanged; borrowing cost to largely remain stable

Mumbai, Feb 8 (PTI) The Reserve Bank on Thursday left the key policy rate unchanged at 6.5 per cent for the sixth time, which...

India’s Ramco Cements misses Q3 profit view on soft demand, weak regional prices

BENGALURU (Reuters) - Ramco Cements missed analysts' estimates for third-quarter profit on Thursday, dragged by softer demand and weak prices, especially in its core market in south India. The cement

Ailing banking sector, inflation, scams — White paper slams UPA for putting economy on ‘road to nowhere’

White paper also stresses on how Centre has sought to strengthen states amid protests over tax sharing policy. Introduction of GST was much-needed structural reform, it adds.

British American Tobacco signals India’s ITC stake disposal, shares jump

LONDON (Reuters) -British American Tobacco is "actively working" to sell some of its shareholding in India's ITC, it said on Thursday, sending its shares up almost 8% as investors cheered a move

On Camera

Modi’s speech rightly questions politics of appeasement. Wrongly targets all Muslims

The PM did make a valid point when he criticised the Congress for categorising the entire Muslim community in Karnataka under the Other Backward Classes. It is pure appeasement of Ashraaf Muslims and discriminates against Pasmandas.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.