scorecardresearch
Friday, May 3, 2024
HomeEconomy

Economy

Dollar slips against euro as Fed rate-cut outlook weighs

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar slipped against the euro on Monday, extending last week's fall, as the U.S. currency remains under pressure from the Federal Reserve's

WTO reform plans leave question of appeals court unanswered

By Emma Farge GENEVA (Reuters) - Countries including India and China on Monday voiced concern that a series of proposed reforms to the World Trade Organization leaves blank a section on rebooting its

Oil rises more than 2% as Red Sea tanker attacks prompt reroutings

By Arathy Somasekhar HOUSTON (Reuters) -Oil rose more than 2% on Monday as attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea disrupted maritime trade and pushed up costs

Gold gains as traders buy on dips, await US inflation data

By Anushree Ashish Mukherjee (Reuters) - Gold gained on Monday as traders purchased bullion on price dips, while their focus shifted to key U.S. inflation data for signals on the Federal Reserve's

Global shares up with Treasury yields; oil rallies on supply worries

By Sinéad Carew NEW YORK (Reuters) -MSCI's global equity index was advancing slightly while oil prices rallied on supply concerns and U.S. Treasury yields rose as investors digested mixed messages

Volume of UPI transactions grew at 147 pc annually over past 5 years: Centre

New Delhi , December 18 (ANI): Unified Payments Interface (UPI) transactions have grown from 92 crore in financial year 2017-18 to 8,375 crore in...

Oil climbs 3% as Red Sea tanker attacks prompt reroutings

By Arathy Somasekhar HOUSTON (Reuters) -Oil rose 3% on Monday as mounting attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea disrupted maritime trade. A Norwegian-owned

Telecom Bill 2023 provides for govt control on communication network in public emergency

New Delhi, Dec 18 (PTI) The government on Monday introduced a new telecom bill in Lok Sabha which seeks to allow the authorities...

Dollar eases against euro as Fed rate cut outlook weighs

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar eased against the euro on Monday, extending last week's fall, as the U.S. currency remains under pressure from the Federal Reserve last week

Ambuja Cements commits Rs 6,000 crore investment for renewable power projects

Ahmedabad (Gujarat) , December 18 (ANI): Ambuja Cements, which is under the larger Adani Group, has committed an investment of Rs 6,000 crores in...

On Camera

Two documents, Modi-Macron visits—India-France defence partnership is touching new heights

Horizon 2047 signed during Modi's visit to France in July 2023 and the defence industrial roadmap during Macron’s visit to India in January 2024 guide the strategic bonhomie between the two countries.

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

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.