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Economy

Oil prices ease 1% as Ukraine peace talks offset Mideast instability worries

By Scott DiSavino NEW YORK (Reuters) - Oil prices eased about 1% on Tuesday as U.S. President Donald Trump and Russian President Vladimir Putin discussed moves to end the three-year-old war in Ukraine

IndusInd International to list insurance units of Reliance Capital in 2-3 years

By Jaspreet Kalra, Siddhi Nayak and Nishit Navin MUMBAI/BENGALURU (Reuters) - IndusInd International Holdings (IIHL) on Tuesday said it will list the insurance units of Reliance Capital in two to

Industry body ISMA sees sufficient sugar availability to meet India’s demand

New Delhi , March 18 (ANI): Indian sugar industry body ISMA affirmed on Tuesday the stable and sufficient availability of sugar for the ongoing...

IIHL completes acquisition of Reliance Capital; mgmt transfer to take place on Wed

Mumbai, Mar 18 (PTI) IndusInd International Holdings Chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of...

U.S. stocks fall, gold hits record amid Middle East tensions

By Stephen Culp NEW YORK (Reuters) -Wall Street turned lower and gold surged to record highs on Tuesday as Israeli airstrikes on Gaza revived geopolitical jitters and the U.S. Federal Reserve gathered

Dollar up vs euro after German vote on spending surge

By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar rose against the euro on Tuesday as Germany's parliament approved plans for a massive spending surge on Tuesday and as the Federal Reserve kicked

Oil prices hold near 2-week high on Mideast risks, China stimulus

By Scott DiSavino NEW YORK (Reuters) -Oil prices held near a two-week high on Tuesday as instability in the Middle East increased the risk of supply disruptions, while China's plans for more economic

New Zealand mattress manufacturer Slumberzone enters India with proposed plant in Hyderabad

New Delhi , March 18 (ANI): Slumberzone, a New Zealand-based mattress manufacturer, has expanded its business into the Indian market on a day Prime...

Rupee settles 25 paise higher at 86.56 against US dollar

Mumbai, Mar 18 (PTI) The rupee appreciated for the third consecutive session and registered gains of 25 paise to close at 86.56 against...

IIHL completes acquisition of RCAP; mgmt transfer to take place on Wed

Mumbai, Mar 18 (PTI) IndusInd International Holdings Ltd (IIHL) has completed the transaction to acquire debt-ridden Reliance Capital (RCAP) by transferring the entire bid...

On Camera

India’s aviation crisis is all about too big to tame

Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.

South rising, west slipping: India’s export map is being redrawn, shows RBI data

Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.