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Monday, May 6, 2024
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US stocks gain at top of data-heavy week amid suspected yen intervention

By Stephen Culp NEW YORK (Reuters) - U.S. stocks gained ground on Monday and the yen surged amid suspected intervention as investors embarked on what promises to be an action-packed week. All three

Oil falls on Middle East talks, dimming near-term US rate cut hopes

By Laila Kearney (Reuters) -Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed

Gold rises on softer dollar, US Fed meeting in focus

By Brijesh Patel (Reuters) - Gold prices rose on Monday, helped by a weaker dollar, as focus turns to the Federal Reserve's policy meeting and U.S. non-farm payrolls data due this week for cues on the

Oil down on Israel-Hamas peace talks, dimming near-term US rate cut hopes

By Laila Kearney (Reuters) -Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed

U.S. stocks gain at top data-heavy week amid suspected yen intervention

By Stephen Culp NEW YORK (Reuters) - U.S. stocks followed their European counterparts higher on Monday and the yen surged amid suspected intervention as investors embarked on what promises to be an

RBI issues master directions for entities operating on electronic trading platforms

New Delhi , April 29 (ANI): The Reserve Bank of India (RBI) has issued master directions for entities operating on electronic trading platforms, aiming...

UCO Bank to infuse fresh capital in FY’25, Q4FY’24 standalone net down 9.5pc to Rs 525cr

Kolkata, Apr 29 (PTI) UCO Bank on Monday said that its board has approved the issuance of fresh equity shares with a face...

RBI directs review of unfair interest practices by financial institutions

New Delhi , April 29 (ANI): In a recent directive issued by the Reserve Bank of India (RBI), all commercial banks, primary (urban) co-operative...

Reliance buys its first Canadian crude from Trans Mountain pipeline, sources say

By Florence Tan and Nidhi Verma (Reuters) - Reliance Industries has bought 2 million barrels of Canadian crude from Shell for July delivery, marking the Indian refiner's first oil purchase from

Gold falls on cooling rate-cut bets with Fed meeting in focus

By Brijesh Patel (Reuters) - Gold prices eased on Monday on prospects of higher-for-longer U.S. interest rates as focus turns to the Federal Reserve policy meeting and U.S. non-farm payrolls data due

On Camera

Karnataka, Maharashtra—Why Phase 3 could mean BJP falling short of the magic number 272

As in the second phase, the BJP-led NDA’s problem in the third phase of the 2024 Lok Sabha election is that it has an awful lot of seats to defend — 80 out of the 93 seats that go to polls.

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.

Indian Coast Guard seizes Iranian fishing vessel, rescues six Indian crew members

The ICG said in a statement that the boat was seized and brought to Kochi for further investigation on May 6.

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.