scorecardresearch
Tuesday, May 21, 2024
HomeEconomy

Economy

US dollar inches up; Aussie, yen slide

By Samuel Indyk and Kevin Buckland LONDON (Reuters) -The U.S. dollar inched higher on Tuesday while the yen slipped as wide interest rate differentials weighed, despite fresh warnings from Japanese

INOX Air Products to set up 190-tonne green hydrogen project in Rajasthan

New Delhi, May 7 (PTI) INOX Air Products on Tuesday said it will set up its first green hydrogen project with an annual...

Household savings dip over Rs 9 lakh cr in 3 years to Rs 14.16 lakh cr in 2022-23

New Delhi, May 7 (PTI) Net household savings declined sharply by Rs 9 lakh crore to Rs 14.16 lakh crore in three years...

Gold eases as dollar ticks higher, Fed speaker on tap

By Daksh Grover (Reuters) - Gold prices slipped on Tuesday as the U.S. dollar firmed, while investors awaited more comments from the Federal Reserve officials for further clarity on the timeline for

India’s SRF posts fifth straight drop in quarterly profit

BENGALURU (Reuters) - Indian chemicals and polymers maker SRF posted a drop in profit for the fifth quarter in a row on Tuesday, hurt by sustained weak demand in its mainstay chemicals business. SRF's

AIIMS boosts CATH lab capacity to meet growing demand

New Delhi , May 7 (ANI): AIIMS New Delhi has announced a substantial augmentation of its CATH Lab capacity. This decision comes in response...

Delhi’s Connaught Place yielded highest rental growth among Tier 1 cities, Guwahati’s GS Road among Tier II in 2023: Report

New Delhi , May 7 (ANI): Connaught Place in Delhi-NCR marked a 33 per cent year-on-year growth in rental rates for high street retail...

Sensex-Nifty ends in red amid enhanced volatility and continued FII selling

Mumbai (Maharashtra) , May 7 (ANI): After a positive start on Tuesday, the Indian stock market encountered selling pressure, leading to both indices slipping...

Oil steadies as weak physical markets balance Middle East tensions

By Alex Lawler LONDON (Reuters) -Oil steadied on Tuesday as weakness in the physical market countered concern about conflict in the Middle East as Israel stepped up attacks in southern Gaza and a

US dollar steady, Aussie slides after RBA

By Samuel Indyk and Kevin Buckland LONDON (Reuters) -The U.S. dollar was broadly steady on Tuesday while the yen trimmed earlier losses as Japanese officials issued fresh warnings following two rounds

On Camera

RSS-BJP separation is official now. It’s been a long time coming under Modi decade

If Modi wins a majority in 2024 election, then the RSS would find the going tougher for itself as the patriarch. But if he fails, then the RSS will have the last laugh.

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?