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Economy

RBI lifts curbs on Kotak Mahindra Bank; allows lender to issue fresh credit cards

Mumbai, Feb 12 (PTI) After more than nine months of imposing severe business restrictions on Kotak Mahindra Bank because of concerns on the...

Gold drops after hot US inflation data, but trade concerns loom large

By Anmol Choubey (Reuters) - Gold prices slipped on Wednesday after a rise in U.S. consumer prices boosted the likelihood of the Federal Reserve maintaining higher interest rates, but safe-haven

West Bengal achieved growth through fiscal discipline: Economic Review

Kolkata, Jan 12 (PTI) The Economic Review for 2024-25 presented by the West Bengal government in the assembly on Wednesday said that the...

Torrent Group buys 67 pc stake in IPL team Gujarat Titans

New Delhi, Feb 12 (PTI) Healthcare and energy conglomerate Torrent Group on Wednesday announced acquisition of a majority stake in IPL franchisee, Gujarat Titans...

TRAI tightens rules to curb spams; fines on telcos for misreporting pesky calls, messages count

New Delhi, Feb 12 (PTI) Telecom regulator TRAI on Wednesday intensified its crackdown on pesky calls and messages with new rules that prescribe...

RBI lifts restrictions on Kotak Mahindra Bank from issuing credit cards, adding customers online

New Delhi , February 12 (ANI): The Reserve Bank has lifted all restrictions it placed on Kotak Mahindra Bank. On April 24 last year,...

Indigenous defence equipment is attraction for the world, says Rajnath Singh

Bengaluru (Karnataka) , February 12 (ANI): Indigenously developed defence equipment are not only protecting India's borders but also becoming the centre of attraction for...

India’s clean cooking fuel story replicable in Global South countries: Puri

New Delhi , February 12 (ANI): Petroleum and natural gas minister Hardeep Puri on Wednesday said India's success story in delivering clean cooking fuel...

Dollar jumps as consumer prices rise more than expected

NEW YORK (Reuters) -The U.S. dollar jumped on Wednesday after data showed that consumer prices rose more than economists expected in January, raising the likelihood that the Federal Reserve will hold

Analysis-As gold eyes glittering milestone, bear case also rises

By Polina Devitt LONDON (Reuters) - Gold prices have marched into uncharted territory as bulls latch on to economic uncertainty created by U.S. import tariff plans, but behind the prize of hitting a

On Camera

Trump’s unpredictability is not the absence of strategy—it works on everyone but China

The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.

Asia’s ‘weakest’ link: Yunus on a tightrope as Bangladesh tries to fix banks without breaking economy

With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.