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Economy

Steady euro takes ECB rate cut in stride

By Alden Bentley, Alun John and Rae Wee NEW YORK/LONDON/SINGAPORE (Reuters) -The euro wavered in a narrow range on Thursday after the European Central Bank lowered rates from record highs after months

SEBI warns ICICI Bank for “inappropriate” ICICI Securities delisting outreach

New Delhi , June 6 (ANI): Financial market regulator Securities and Exchange Board of India (SEBI) has on Thursday issued an administrative warning on...

Oil extends gains with September Fed rate cut in focus

By Deep Kaushik Vakil and Robert Harvey LONDON (Reuters) -Oil extended gains on Thursday, as support from growing expectations of an interest rate cut from the U.S. Federal Reserve in September

13 IPEF members ink clean, fair economy agreements; India to sign after domestic approval

New Delhi, Jun 6 (PTI) The government on Thursday said 13 IPEF (Indo-Pacific Economic Framework for Prosperity) bloc members have signed fair and...

Euro holds steady ahead of ECB decision

By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -The euro held firm on Thursday ahead of the European Central Bank's policy meeting, where traders will focus on rate setters' remarks on the future

10 Indian companies make IPEF’s top 100 climate tech innovators list

Singapore, June 6 (ANI): Indo-Pacific Economic Framework for Prosperity (IPEF) has selected 10 Indian start-ups and companies to pitch their innovative ideas, technologies and...

Investors’ wealth climbs Rs 21 lakh cr in two days of stock market recovery

New Delhi, Jun 6 (PTI) Dalal Street investors became richer by Rs 21 lakh crore in two days of a sharp rally in the...

Gold climbs Rs 680; silver rallies Rs 1,400

New Delhi, Jun 6 (PTI) Gold prices jumped Rs 680 to Rs 73,500 per 10 grams in the local market on Thursday amid...

Stock markets extend rally to 2nd day on easing political worries; Sensex jumps 693 pts

Mumbai, Jun 6 (PTI) Stock markets rallied for the second straight day on Thursday with the benchmark Sensex jumping nearly 693 points on...

Gold hits two-week high on cooling US labour market; more jobs data on tap

By Harshit Verma (Reuters) - Gold prices hit a two-week high on Thursday on signs of a cooling U.S. labour market, strengthening a case for a September interest rate cut by the Federal Reserve, while

On Camera

Indian intelligence needs science & policy experts. Look beyond IPS & IRS

Not recruiting from civilian and scientific talent pools risks a ‘failure of imagination’, hindering India’s ability to pre-empt previously unanticipated dangers.

RBI’s policy-setting body keeps rates unchanged for 10th straight time, changes stance to ‘neutral’

Change in stance signals possibility of rate cuts, potentially as early as December, depending on inflation trends & global economy. Growth projection for FY 2024-25 retained at 7.2%.

Amid concerns about use of Chinese parts in drones, Army general urges industry to be transparent

Maj Gen CS Mann, ADG, Army Design Bureau, cites national security concerns. This comes after intelligence agencies flagged use of Chinese components in drones purchased by armed forces.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?