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Dollar rises as hot U.S. inflation cools Fed rate cut bets

By Joice Alves LONDON (Reuters) -The dollar rose to a fresh three-month high against major peers as traders pushed back bets for a Federal Reserve interest rate cut following surprisingly hot U.S.

Analysis – Hyundai seeks expansion, higher valuation with India IPO

By Aditi Shah, M. Sriram and Heekyong Yang NEW DELHI/SEOUL (Reuters) - Hyundai Motor's planned $3 billion IPO in India will help the carmaker score two goals in one go: expand in one of the world's

Calling India sone ki chidiya a ‘mockery’ based on cherry-picked data, says economist Swaminathan Aiyar

In article published in Economic & Political Weekly, he said data from ‘Hindu period’ of 1-1000 AD shows per capita GDP & population growth were both stagnant, no better than world’s.

Gold tumbles Rs 750; silver nosedives Rs 1,400

New Delhi, Feb 14 (PTI) Gold prices tumbled Rs 750 to Rs 62,350 per 10 grams in the national capital on Wednesday amid...

Panagariya chairs first meeting of 16th Finance Commission

New Delhi, Feb 14 (PTI) The 16th Finance Commission (XVI-FC) on Wednesday held its first meeting under the Chairmanship of Arvind Panagariya here....

Oil holds firm on OPEC demand forecast and U.S. fuel stocks

By Robert Harvey LONDON (Reuters) -Oil prices were little changed on Wednesday, holding on to Tuesday's gains on a robust demand growth forecast from OPEC and a sharp decline in U.S. fuel stocks.

Stocks extend slide as traders take an axe to rate bets

By Amanda Cooper LONDON (Reuters) - Global stocks fell on Wednesday, while the dollar and Treasury yields stayed strong, as traders pared back expectations for the pace and scale of rate cuts by the

Gold tethered below key $2,000 mark as markets tone down rate-cut bets

By Anjana Anil (Reuters) - Gold prices extended declines on Wednesday, languishing below the key $2,000-per-ounce mark, pressured by a stronger-than-expected U.S. inflation report that caused

Wholesale inflation eases to 3-month low of 0.27 in Jan; food prices cool

New Delhi, Feb 14 (PTI) The wholesale price index (WPI)-based inflation eased to a three-month low of 0.27 per cent in January, mainly...

Dollar slides versus yen as Japan warns against rapid fall

By Joice Alves and Kevin Buckland LONDON/TOKYO (Reuters) -The dollar weakened against the yen on Wednesday after top Japanese currency officials warned against what they described as rapid and

On Camera

Ghatkopar hoarding collapse a typical Mumbai disaster—too many agencies, no one to blame

As per the BMC, there are 1,025 officially approved hoardings in the city right now. However, any Mumbaikar can tell you that number is a ludicrous underestimate.

India’s GDP to grow at 6.9% in 2024 — UN agency revises its January projection of 6.2%

Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.

Spain denies port call to vessel carrying shipment of ‘arms to Israel from India’

The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?