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Economy

Oil falls more than 1% as Angola decides to exit OPEC

By Nicole Jao NEW YORK (Reuters) -Oil prices fell by roughly $1 a barrel on Thursday after Angola said it would exit the Organization of the Petroleum Exporting Countries (OPEC), raising questions

Mumbai: Isha Ambani joins Reliance’s ‘We Care, We Volunteer’ initiative for 16,000 underprivileged children

Mumbai (Maharashtra) , December 21 (ANI): Over 900 children from disadvantaged communities had a special treat through a day of excitement, joy and inspiration...

Shares turn higher after Wall Street wobble; Treasury yields, dollar fall

By Sinéad Carew NEW YORK (Reuters) -MSCI's global stock index gained ground on Thursday, bouncing back after a late sell-off in the previous session, while Treasury yields dipped with the dollar ahead

Dollar eases as safety bid fades; traders eye Friday’s U.S. inflation report

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar eased to a 3-day low against a basket of currencies on Thursday as the previous session's risk aversion-led lift for the U.S. currency faded and

Gold extends gains after US data spurs Fed rate-cut prospects

By Sherin Elizabeth Varghese (Reuters) - Gold prices gained on Thursday as U.S. Treasury yields retreated after economic data fuelled expectations that the Federal Reserve would likely cut interest

Rupee falls 9 paise to settle at 83.27 against US dollar

Mumbai, Dec 21 (PTI) The rupee fell by 9 paise to settle at 83.27 against the US dollar on Thursday as withdrawal of foreign...

Labour court in Gujarat fines Hitachi Energy India for violation of state factory rule

New Delhi, Dec 21 (PTI) A labour court in Gujarat has imposed a fine of Rs 5,000 on a factory of Hitachi Energy...

Oil down more than $1 a barrel as Angola decides to exit OPEC

By Robert Harvey LONDON (Reuters) -Oil prices fell by more than $1 a barrel on Thursday after Angola announced it is leaving the Organization of the Petroleum Exporting Countries (OPEC). Brent crude

JCI launches dedicated app for jute farmers

Kolkata, Dec 21 (PTI) The Jute Corporation of India on Thursday launched an app that would provide vital knowledge to farmers on various...

India’s Flipkart to get $600 million from Walmart under new fundraise

BENGALURU (Reuters) - Indian e-commerce firm Flipkart's biggest shareholder Walmart is set to infuse about $600 million in a new fundraise for the startup, a Flipkart spokesperson said on Thursday.

On Camera

Azad, Antony, Geetha—6 candidates to watch in 2024. Their win can reshape politics in states

While Chandra Shekhar Azad is a streetfighter who has caught the fancy of Dalit youth, Anil Antony is the face of the BJP’s fresh social engineering attempt.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

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.