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Friday, October 11, 2024
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Economy

Rupee pressed by equity outflows, supported by soft dollar

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is expected to open largely unchanged on Thursday amid foreign investors taking money out of equities post the election outcome and a broadly weaker

Oil rises on strengthening Fed rate cut expectations

By Colleen Howe BEIJING (Reuters) - Oil rose in early Asian trading on Thursday on rising expectations the Federal Reserve will cut interest rates in September, and as the market rebounded from a

US dollar rises as strong service sector data muddles Fed easing this year

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar drifted higher on Wednesday after data showed the services sector in the world's largest economy rebounded in May after contracting the

Oil rises 1% as Fed rate cut optimism offsets demand fears

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices climbed 1% on Wednesday, rebounding from four-month lows, as hopes of an interest rate cut by the U.S. Federal Reserve in September outweighed demand

Gold rises, yields retreat after softer US jobs data

By Rahul Paswan (Reuters) - Gold prices gained over 1% on Wednesday as bond yields fell after weaker-than-expected U.S. private payrolls data bolstered expectations that the Federal Reserve would cut

Oil climbs 1% as Fed rate cut optimism offsets inventory builds

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose 1% on Wednesday, bouncing off four-month lows, as expectations of U.S. Federal Reserve interest rate cut in September outweighed builds in U.S.

SEBI eases timelines for material event disclosures by FPIs

New Delhi , June 5 (ANI): Financial markets regulator Securities and Exchange Board of India (SEBI) has relaxed timelines for disclosure of certain material...

CBIC chairman Sanjay Kumar Agarwal inaugurates GST Bhawan in Rohtak

Rohtak (Haryana) , June 5 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Kumar Agarwal inaugurated the GST Bhawan, an...

Oil eases as US crude, fuel stock builds bolster demand jitters

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged lower on Wednesday as a surprise build in U.S. crude stocks and larger-than-expected rise in fuel stocks fuelled demand concerns amid worries

Air Quality Monitoring System and Air-Pravah App unveiled on World Environment Day

New Delhi , June 5 (ANI): On the occasion of World Environment Day, Secretary MeitY S Krishnan inaugurated the Indigenous Air Quality Monitoring System...

On Camera

A frosty start featuring ‘ULFA tapes’, thawed by a love of dogs. My conversations with Ratan Tata

Besides politics, his frustrations with business environment & inspirational ideas ranging from entrepreneurship to technology, aviation, philanthropy, we discovered a common passion: dogs

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?