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Economy

Federal Reserve keeps interest rates unchanged in unanimous decision

New Delhi , January 30 (ANI): The US Federal Reserve has decided to maintain its key interest rate unchanged, holding the target range for...

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

By Aditya Soni and Deborah Mary Sophia (Reuters) - Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of

Oil steady as markets await clarity on tariffs by Trump on Canada, Mexico

(Reuters) - Oil prices were little changed in early trading on Thursday, as markets watched for tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude oil to

Dollar set to pounce on euro if ECB offers dovish guidance

By Wayne Cole SYDNEY (Reuters) - Dollar bulls were ready to pounce on the euro on Thursday should the European Central Bank sound dovish on rates later in the day, given the Federal Reserve had

US stocks dip, dollar steady as traders digest Fed rate pause, tech earnings

By Lawrence Delevingne and Marc Jones BOSTON/LONDON (Reuters) - U.S. equity indexes dipped and the dollar was firm on Wednesday after the Federal Reserve held interest rates steady and gave little

Oil prices settle down as US stockpile grows, tariffs still in focus

By Shariq Khan (Reuters) -Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in the world's top petroleum producer and consumer

US dollar firms against peers after Fed holds rates steady

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar was firmer against major currencies on Wednesday after the Federal Reserve left interest rates unchanged as widely expected, but gave scant clues

Wall Street stocks down, Treasury yields up as Fed leaves rates unchanged

By Lawrence Delevingne, Marc Jones BOSTON/LONDON (Reuters) -U.S. equity indexes dipped and Treasury yields pushed higher on Wednesday after the Federal Reserve held interest rates steady and gave

Oil prices drop as US stockpile grows, tariffs remain in focus

By Shariq Khan (Reuters) -Oil prices edged lower on Wednesday, with the U.S. benchmark down nearly 1% after crude stockpiles in the world's top petroleum producer and consumer rose more than expected

US dollar firms as investors await Fed interest rate decision

By Chibuike Oguh and Greta Rosen Fondahn NEW YORK (Reuters) -The U.S. dollar was firmer against major currencies on Wednesday as investors awaited the Federal Reserve's monetary policy decision, as

On Camera

New HAL CMD doesn’t have to be an ‘insider’. Let merit decide

India’s premier defence public sector undertaking, Hindustan Aeronautics Limited, will have a new Chairman and Managing Director in May 2026. The selection process has...

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.