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Economy

Yen jumps against dollar on possible intervention

By Chuck Mikolajczak and Vidya Ranganathan NEW YORK (Reuters) -Japan's currency surged as much as 5 yen against the dollar from a fresh 34-year low hit earlier on Monday, with traders citing

US stocks gain at top data-heavy week amid suspected yen intervention

By Stephen Culp NEW YORK (Reuters) - U.S. stocks gained ground on Monday and the yen surged amid suspected intervention as investors embarked on what promises to be an action-packed week. All three

US stocks gain at top of data-heavy week amid suspected yen intervention

By Stephen Culp NEW YORK (Reuters) - U.S. stocks gained ground on Monday and the yen surged amid suspected intervention as investors embarked on what promises to be an action-packed week. All three

Oil falls on Middle East talks, dimming near-term US rate cut hopes

By Laila Kearney (Reuters) -Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed

Gold rises on softer dollar, US Fed meeting in focus

By Brijesh Patel (Reuters) - Gold prices rose on Monday, helped by a weaker dollar, as focus turns to the Federal Reserve's policy meeting and U.S. non-farm payrolls data due this week for cues on the

Oil down on Israel-Hamas peace talks, dimming near-term US rate cut hopes

By Laila Kearney (Reuters) -Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed

U.S. stocks gain at top data-heavy week amid suspected yen intervention

By Stephen Culp NEW YORK (Reuters) - U.S. stocks followed their European counterparts higher on Monday and the yen surged amid suspected intervention as investors embarked on what promises to be an

RBI issues master directions for entities operating on electronic trading platforms

New Delhi , April 29 (ANI): The Reserve Bank of India (RBI) has issued master directions for entities operating on electronic trading platforms, aiming...

UCO Bank to infuse fresh capital in FY’25, Q4FY’24 standalone net down 9.5pc to Rs 525cr

Kolkata, Apr 29 (PTI) UCO Bank on Monday said that its board has approved the issuance of fresh equity shares with a face...

RBI directs review of unfair interest practices by financial institutions

New Delhi , April 29 (ANI): In a recent directive issued by the Reserve Bank of India (RBI), all commercial banks, primary (urban) co-operative...

On Camera

US campus protests shows up Western media hypocrisy. Compare how they covered JNU stir

To understand the depth of bias against India or the lack of understanding of ground reality in India, one only needs to examine the headlines from Western media covering the protests in colleges of both countries.

Day after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights

About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

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.