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Economy

Dollar steady before US CPI, yen weak

By Samuel Indyk and Tom Westbrook LONDON (Reuters) -The dollar held mostly steady against other major currencies on Wednesday as traders awaited U.S. inflation data, though remarks from Federal

Retail inflation slows to 5-month low of 4.3 pc in Jan: Govt data

New Delhi, Feb 12 (PTI) Continuing the downward trend, retail inflation fell to a five-month low of 4.31 per cent in January, mainly due...

India’s central bank boosts long-term liquidity infusion again

By Dharamraj Dhutia MUMBAI (Reuters) - India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject funds in the banking system for the

Simplified Income Tax Bill brings in ‘tax year’ concept; omits ‘previous year’, obsolete clauses

New Delhi, Feb 12 (PTI) The much-anticipated new income tax bill will replace terminologies like assessment and previous year with easier to understand...

Sensex, Nifty close lower for 6th day on selling in IT, oil shares

Mumbai, Feb 12 (PTI) Stock markets closed lower for the sixth straight day on Wednesday with Sensex falling by 122 points on unabated foreign...

Gold declines Rs 340 to Rs 87,960 per 10 gm, silver climbs Rs 600

New Delhi, Feb 12 (PTI) Gold prices declined Rs 340 to Rs 87,960 per 10 grams in the national capital on Wednesday amid...

Nirani Sugars inks pact with Karnataka for Rs 2,000-cr chemical plant

New Delhi, Feb 12 (PTI) Nirani Sugars on Wednesday said it has signed an agreement with the Karnataka government for setting up a...

Vantage Circle appoints John Land Chief Advocacy Officer for global markets

Guwahati, Feb 12 (PTI) HR technology firm Vantage Circle on Wednesday said it has appointed John Land as its Chief Advocacy Officer (CAO)...

Industrial output growth slows to 3-month low of 3.2 pc in December

New Delhi, Feb 12 (PTI) India's industrial production growth slowed to a three-month low of 3.2 per cent in December 2024, mainly due...

Karnataka govt launches new single-window system at Invest Karnataka 2025

Bengaluru, Feb 12 (PTI) The Karnataka government has launched a new Single Window System, offering a streamlined and digital-first approach to facilitating and...

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.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.