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Dollar pares losses after Fed meeting statement

NEW YORK (Reuters) - The dollar index pared losses Wednesday after the Federal Reserve left interest rates unchanged and dropped a longstanding reference to possible further hikes in borrowing costs.

Gold prices firm as spotlight shifts to US Fed policy meeting

By Anushree Ashish Mukherjee (Reuters) - Gold gained on Wednesday but was on track to snap its three-month winning streak, while markets were glued to the U.S. central bank's policy rate outlook

Oil dips on faltering China economy, US crude stock build

By Laura Sanicola (Reuters) -Oil prices fell on Wednesday, pressured by low economic activity in leading crude importer China and a surprise build in U.S. crude inventories as producers ramped up

Ashwini Vaishnaw lauds Centre’s decision slashing import duty on goods required for mobile manufacturing

New Delhi , January 31 (ANI): Union Minister for Communications, Electronics & Information Technology Ashwini Vaishnaw on Wednesday lauded the Government's decision to reduce...

Burman Family picks up additional 4 pc stake in Religare Enterprises for Rs 309 crore

New Delhi, Jan 31 (PTI) Dabur India promoter Burman family on Wednesday increased its grip on Religare Enterprises after acquiring an additional 4...

NHAI extends KYC compliance deadline for FASTags till Feb 29

New Delhi, Jan 31 (PTI) State-owned National Highways Authority of India on Wednesday extended the KYC compliance deadline for FASTags till February 29.On January...

Tata Steel to consider additional investment in UK plant, if more govt funding available: Narendran

London, Jan 31 (PTI) Tata Steel would consider additional future investments in its Port Talbot plant in the UK, if more government funding...

Stocks, dollar slip ahead of Fed decision on rates

By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -World shares slipped on Wednesday, pulled lower by a slide on Wall Street, while Treasury prices rose as investors deemed the U.S. economy was

Oil dips on faltering China economy, US crude stock build

By Laura Sanicola (Reuters) -Oil prices fell on Wednesday, pressured by low economic activity in leading crude importer China and a surprise build in U.S. crude inventories as oil producers ramped up

PW partners Karnataka minority welfare dept to help students for competitive exams

New Delhi, Jan 31 (PTI) Edtech unicorn Physics Wallah has partnered with the Department of Minority Welfare of the Karnataka government to assist...

On Camera

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

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.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

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.