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Economy

US dollar wobbles as growth concerns weigh; safe-havens yen, Swiss franc rise

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The safe-haven yen and Swiss franc advanced in choppy trading on Thursday, while the U.S. dollar slumped, as jittery investors turned increasingly

Oil steadies in choppy trading on tariff uncertainty, OPEC+ hike plans

By Arathy Somasekhar HOUSTON (Reuters) - Oil was largely steady in choppy trade on Thursday with global benchmark Brent still below $70 a barrel under pressure from tariffs between the U.S., Canada,

Euro hits 4-month high, stocks fall; Trump tariff developments weighed

By Caroline Valetkevitch NEW YORK (Reuters) -The euro touched a four-month high against the U.S. dollar on Thursday after the European Central Bank cut interest rates again as expected, while stock

Oil eases in choppy trading on U.S. tariffs, OPEC+ plans to raise output

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices eased slightly in choppy trade on Thursday with Brent still below $70 under pressure from trade tariffs between the U.S., Canada, Mexico and China,

Euro rises to four-month high as US dollar struggles again

By Gertrude Chavez-Dreyfuss and Yadarisa Shabong NEW YORK (Reuters) -The euro touched a four-month peak against the U.S. dollar on Thursday after the European Central Bank cut interest rates for the

Impact of US tariffs will be felt on India, says FM Nirmala Sitharaman

Visakhapatnam (Andhra Pradesh) , March 6 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that the impact of the US tariffs will be...

Rupee falls 6 paise to settle at 87.12 against US dollar

Mumbai, Mar 6 (PTI) The rupee snapped its three-day rally and settled with a loss of 6 paise at 87.12 against the US...

Private investment, digital integration key for maritime sector’s growth: Indian Chamber of Commerce

Kolkata, Mar 6 (PTI) India's maritime sector requires an investment of Rs 3-4 lakh crore to bolster port infrastructure and logistics connectivity, making...

Bond market extends selloff after seismic German spending pledge

By Marc Jones LONDON (Reuters) - World financial markets kept on a radical readjustment course on Thursday after U.S. President Donald Trump's shakeup of the transatlantic relationship spurred a

GST Council reconstitutes GoM on GST revenue analysis, expands ToR

New Delhi, Mar 6 (PTI) The GST Council has reconstituted the Group of Ministers on GST revenue analysis which will suggest sector-specific issues...

On Camera

Russian-style socialism dominated Nehru’s imagination. It was disastrous

It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.

What’s behind bond yields’ logic-defying spike? The market’s concern over the future

While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.

Navy gets first Tata-made Spanish 3D surveillance radar for its warships, 19 more to come

It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.

Gen Zs have taken down the Nepal regime. Here’s why this will never happen in India

To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.