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Economy

Oil rises 1% on signs of tightening supplies

By Shariq Khan NEW YORK (Reuters) -Oil prices rose about 1% on Wednesday as geopolitical tensions raged on in the Middle East and traders assessed signs of near-term supply tightness. U.S. West Texas

Govt to work on developing Indian mobile phone brand: Ashwini Vaishnaw

New Delhi, Feb 21 (PTI) The government is working on developing an Indian mobile phone brand based on learning from the success of...

Karnataka HC refuses to stay BYJU’s EGM on Feb 23

New Delhi, Feb 21 (PTI) Karnataka High Court on Wednesday refused to stay an emergency shareholder meeting called by select investors of Think...

Oil steady as investors weigh US rate cut outlook with Middle East tensions

By Robert Harvey LONDON (Reuters) -Oil prices steadied on Wednesday, stabilising from losses in the previous session, as growing expectations that cuts to U.S. interest rates will take longer than

Dollar steady, stocks slip ahead of Nvidia results

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global stocks slipped on Wednesday ahead of highly anticipated results from chipmaker Nvidia, while the dollar seesawed as investors await

Govt to soon come out with tender for introducing GPS-based highway toll collection system: Gadkari

New Delhi, Feb 21 (PTI) The government will soon come out with a tender for introducing GPS-based highway toll collection system on national...

PE firm CVC Capital raises USD 6.8 bn

Mumbai, Feb 21 (PTI) Private equity and investment advisory firm CVC Capital Partners on Wednesday said it has mopped up USD 6.8 billion...

Dollar mixed, moves subdued before Fed meeting minutes

By Karen Brettell NEW YORK (Reuters) - The dollar edged up against the yen and down against the euro on Wednesday but market moves were muted before the Federal Reserve is due to release minutes from

Gold firms on MidEast conflict, focus on US Fed minutes

By Anushree Ashish Mukherjee (Reuters) - Gold prices rose on Wednesday as elevated tensions in the Middle East fuelled a rush into safe-haven, while the market focus shifted to the minutes from the

Rupee settles on a flat note, rises 1 paisa to close at 82.96 against US dollar

Mumbai, Feb 21 (PTI) The rupee consolidated in a narrow range and appreciated 1 paisa to close at 82.96 against the US dollar...

On Camera

Punjab to Andhra to Telangana—state govts’ spending on freebies harming India’s growth story

It’s unfortunate that the increase in the overall debt due to irresponsible freebies is causing the downgrade in ratings by international agencies.

Indian airports currently lag behind global ones in a key revenue stream, but change is in the air

India’s major airports earned average of $4.3/customer in 2023-24 from non-aeronautical sources, much lesser than $7.2-15.9 of global ones, according to rating agency ICRA.

Indian Coast Guard conducts pollution response seminar and mock drill in West Bengal

The event was organized by the ICG at its headquarters coast guard district.

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'?