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Wednesday, June 26, 2024
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Economy

Shares, yields wobble on unclear rate cut timing

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global stocks rebounded and bond yields retreated on Wednesday after data showed U.S. services industry growth eased further in March,

Dollar dips, yen steady after inching near 152 level

By Hannah Lang NEW YORK (Reuters) -The dollar index fell on Wednesday, offering relief to the yen as the increased threat of currency intervention by Tokyo capped further declines in the Japanese

Oil settles at 5-month high; gains capped by jump in US crude stocks

By Shariq Khan NEW YORK (Reuters) -Oil prices settled at their highest levels since late October on Wednesday as investors worried about supply disruptions from a worsening geopolitical landscape,

Shares rebound, yields stay high as services data sends mixed signals

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global stocks rebounded but bond yields rose on Wednesday after data showed U.S. services industry growth eased further in March,

DoT defers spectrum auction by 17 days to June 6

New Delhi, Apr 3 (PTI) The Department of Telecom (DoT) has deferred the spectrum auction by 17 days to June 6 as per...

Stable dollar has yen pinned close to key level of 152

By Hannah Lang and Alun John NEW YORK/LONDON (Reuters) -The dollar index held near its highest level in over four months on Wednesday, pinning the yen close to its lowest its decades, though the

Rupee falls 11 paise against US dollar

Mumbai, Apr 3 (PTI) The rupee depreciated 11 paise to close at 83.53 against the US dollar on Wednesday, as persistent foreign capital outflows...

Rupee falls 11 paise against US dollar

Mumbai, Apr 3 (PTI) The rupee depreciated 11 paise to close at 83.53 against the US dollar on Wednesday, as persistent foreign capital outflows...

PhonePe partners with Star Health Insurance to offer insurance with monthly payment options

New Delhi , April 3 (ANI): PhonePe has announced a strategic partnership with Star Health and Allied Insurance Company Ltd (Star Health Insurance), India's...

India aims to expand seafood exports to $12 billion in two years, sources say

By Manoj Kumar NEW DELHI (Reuters) - India is aiming to expand its seafood exports to around $12 billion in the next two years from $8 billion currently, mainly by focusing on high-end markets

On Camera

China activates ‘freedom in Tibet’ propaganda triggered by US-Dalai Lama meet in Dharamshala

India has avoided using the so-called Tibet card in the past but even this issue isn't off the table now as New Delhi works with the US to address the China factor.

Noida International Airport, Delhi NCR’s 2nd, delayed. To begin operations by April 2025

According to a statement by the airport, commercial operations likely to begin next year 'in view of the current construction status'. It was supposed to commence operations by 2024 end.

India’s 15-yr quest for anti-tank missile: Israeli Spike, DRDO option, back to US for Javelin talks

Recent high-profile visit was of US National Security Adviser this month during which a number of key issues, including military cooperation, was discussed by both sides.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.