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Asian shares climb as US rate cut fever lingers, oil holds gains

By Stella Qiu SYDNEY (Reuters) - Asian shares tracked Wall Street higher on Wednesday as U.S. rate cut fever lingered, while oil held on to gains from the past two days after Houthi militants' attacks

Air India borrows USD 120 mn from Japan’s SMBC to buy Airbus plane

Mumbai, Dec 20 (PTI) Japanese lender SMBC on Wednesday said the Tata Group-owned Air India has borrowed USD 120 million from it for...

Oil steady as traders monitor Red Sea tensions, U.S. supply

By Florence Tan and Jeslyn Lerh SINGAPORE (Reuters) - Oil was little changed on Wednesday as investors kept an eye on the situation in the Red Sea after the recent attacks by Iran-aligned Yemeni

India’s Varun Beverages hits record high on S.Africa foray

BENGALURU (Reuters) -Shares in Pepsi India bottler Varun Beverages soared as much as 17.8% to a record high on Wednesday, a day after the company said it would buy South Africa's The Beverage Company

Indian stock indices touch fresh summits; firm growth outlook, foreign investments buoyed

New Delhi , December 20 (ANI): Indian stock indices - Sensex and Nifty - hit fresh highs at the opening bell Wednesday, due to...

India’s Varun beverages surges on S. Africa foray with $159 million deal

BENGALURU (Reuters) - Shares in Pepsi Indian bottler Varun Beverages soared as much as 17.8% in early trade on Wednesday, a day after the company said it would buy South Africa's The Beverage Company

Gold holds steady on Fed rate-cut hopes; focus on US inflation print

By Brijesh Patel (Reuters) - Gold prices held steady above the key $2,000 level on Wednesday, supported by prospects of interest rate cuts from the Federal Reserve next year, while investors awaited

Bill to align some provisions of CGST Act with Tribunal Reforms Act passed by Lok Sabha

New Delhi , December 20 (ANI): A bill to align certain provisions of the Central Goods and Services Tax Act, 2017 with the Tribunal...

Dollar struggles on rate cut expectations; yen on back foot

By Brigid Riley TOKYO (Reuters) - The U.S. dollar slipped against most major currencies on Wednesday as traders continued to sell the currency on bets that the U.S. Federal Reserve will soon begin

Oil prices edge up as traders eye Red Sea developments

By Florence Tan SINGAPORE (Reuters) - Oil prices ticked higher on Monday after rising more than 1% in the previous session on jitters over global trade disruption and geopolitical tensions in the

On Camera

Imtiaz Ali obsesses over vulgarity, misses Chamkila’s cultural resistance against purity

Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India and Japan hold 10th round of consultations on disarmament, non-proliferation, and export control

The two sides also discussed ways to strengthen cooperation in outer space security, conventional weapons, and export control

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.