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Economy

Oil prices dip as demand concerns outweigh Middle East supply fears

By Yuka Obayashi TOKYO (Reuters) - Oil prices eased in early trade on Wednesday as worries about global demand due to weak economic momentum in China and fading hopes for U.S. interest rate cuts in

Asian shares mixed as Fed’s Powell rethinks rate cuts, yields jump

By Stella Qiu SYDNEY (Reuters) - Asian shares were mixed on Wednesday as the world's most powerful central banker had a change of heart on U.S. rate cuts this year, pushing Treasury yields to new

Oil prices flat as economic headwinds counter Mideast supply fears

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled marginally lower on Tuesday after economic headwinds pressured investor sentiment, curbing gains from geopolitical tensions with eyes on

Oil settles flat, economic headwinds counter potential supply threats

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled flat to marginally lower on Tuesday after economic headwinds pressured investor sentiment, curbing gains from geopolitical tensions with

US stocks see-saw as rising Treasury yields, Middle East tensions cap gains

By Stephen Culp NEW YORK (Reuters) -Wall Street was mixed in choppy trading on Tuesday as rising U.S. Treasury yields and elevated geopolitical worries counteracted a generally positive string of

Gold holds steady as geopolitical risks counter rate cut concerns

By Ashitha Shivaprasad (Reuters) - Gold prices held steady on Tuesday, as safe-haven demand amid ongoing tensions in the Middle East offset rising expectations of fewer U.S. rate cuts this year. Spot

Dollar hits 5-month high against euro; yen weakest since 1990

By Karen Brettell NEW YORK (Reuters) -The dollar reached a five-month high against the euro on Tuesday after Federal Reserve Chair Jerome Powell said the U.S. central bank may need to keep rates

Gold rises as geopolitical risks counter rate cut concerns

By Ashitha Shivaprasad (Reuters) - Gold prices edged up on Tuesday, as safe-haven demand amid ongoing tensions in the Middle East overshadowed rising expectations of fewer U.S. rate cuts this year.

Oil prices broadly steady, economic woes offset geopolitical support

By Georgina McCartney HOUSTON (Reuters) -Oil prices fell slightly on Tuesday after economic headwinds offset support provided by the United States' announcement of plans to hit Iran with new sanctions

CBDT signs record number of 125 Advance Pricing Agreements in FY24

New Delhi, Apr 16 (PTI) The Central Board of Direct Taxes (CBDT) has entered into a record 125 Advance Pricing Agreements (APAs) with...

On Camera

Instagram reels on stoicism are the new rage — they can battle burnout and bigotry

The Romans’ version of stoicism is rapidly picking popularity on Instagram — Marcus Aurelius, Epictetus, and Seneca are some names that get thrown at you when you fire up your screen.

Government allows export of onions to six countries, sets buffer stock target

The government had imposed an export prohibition in order to ensure adequate domestic availability of onions in the country.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.