scorecardresearch
Tuesday, May 21, 2024
HomeEconomy

Economy

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

Gold slips further below $2,000 as markets temper Fed rate-cut bets

By Harshit Verma (Reuters) - Gold prices hit a fresh two-month low on Wednesday, sliding further below the key $2,000-per-ounce level, as a stronger-than-expected U.S. inflation report prompted

EKI Energy Services sets up biomass briquettes manufacturing plant in Maharashtra

New Delhi, Feb 14 (PTI) Carbon credit developer EKI Energy Services (EKI) on Wednesday said its subsidiary GHS Reduction Technologies has set up its...

Tata Power Renewable, Tata Comm ink Rs 105 cr pact to set up captive solar project

New Delhi, Feb 13 (PTI) Tata Power Renewable Energy Ltd (TPREL) has signed an agreement worth Rs 105 crore with Tata Communications to set...

Oil rises as producers forecast demand growth, U.S. fuel stockpiles drop

By Laura Sanicola and Trixie Yap SINGAPORE (Reuters) - Oil prices rose on Wednesday, reversing earlier losses, as major producer group OPEC kept to their relatively strong forecast for demand growth

Adani Green Energy commissions 551 MW solar capacity at Khavda RE park in Gujarat

New Delhi, Feb 14 (PTI) Adani Green Energy Ltd (AGEL) on Wednesday announced commissioning of 551 MW solar capacity at Khavda renewable energy park...

Stocks extend slide; dollar rides Treasury yields higher

By Rae Wee SINGAPORE (Reuters) - Asian shares extended a global sell-off on Wednesday, while the dollar and Treasury yields jumped as traders pared back expectations for the pace and scale of rate

India’s January wholesale prices rise 0.27% on year, pace slowing

NEW DELHI (Reuters) -India's wholesale price index in January rose at a slower pace than in the previous month, mainly due to an easing of food prices and a fall in prices of manufactured products,

On Camera

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

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'?