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Thursday, October 10, 2024
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Economy

Stocks gain on rate-cut wagers as ECB meeting looms

By Ankur Banerjee and Danilo Masoni SINGAPORE/MILAN (Reuters) - World shares rose on Wednesday and the dollar steadied with a European Central Bank policy meeting coming into focus following soft U.S.

Oil near four-month low on OPEC+ supply outlook and US stocks

By Deep Kaushik Vakil and Ahmad Ghaddar LONDON (Reuters) -Oil prices hovered near four-month lows on Wednesday on an expected supply boost later in the year when OPEC+ begins to unwind some output

Weakened Govt at centre will delay reforms, not true: Experts

Mumbai (Maharashtra) , June 5 (ANI): The market capitalization of the National Stock Exchange (NSE) experienced a significant decline, post-parliamentary election results giving a...

Dollar edges up ahead of key data, Bank of Canada policy meeting

By Tom Westbrook and Stefano Rebaudo SINGAPORE (Reuters) -The dollar steadied on Wednesday, ahead of key U.S. economic data and a monetary policy meeting in Canada that traders have bet will set off a

India bonds still a ‘buy’ for foreign investors despite post-election policy uncertainty

By Dharamraj Dhutia MUMBAI (Reuters) - India's government bonds will continue to attract foreign flows even as a narrower-than-expected victory margin for Prime Minister Narendra Modi-led alliance

Gold inches higher as traders seek more US data for Fed cues

By Sherin Elizabeth Varghese (Reuters) - Gold prices edged higher on Wednesday, helped by weakness in the U.S. dollar and Treasury yields, as market participants waited for more economic data to gauge

Markets bounce back sharply after massive drop on value-buying at lower levels

Mumbai, Jun 5 (PTI) Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on Wednesday and jumped sharply during...

Gold prices rise as traders seek more US data for Fed cues

By Sherin Elizabeth Varghese (Reuters) - Gold prices rose on Wednesday helped by a weakness in the U.S. dollar and Treasury yields, as investors waited for more economic data to gauge the Federal

Mexico, South Africa and India deliver political punch to markets

By Marc Jones LONDON (Reuters) -A clobbering for South Africa's, Mexico's and even India's heavyweight markets in recent days has proved without doubt that politics can still deliver an unexpected

Indian airlines’ FY25 loss to widen, capacity crunch to ease, says CAPA

By Shivansh Tiwary, Chris Thomas and Nandan Mandayam NEW DELHI (Reuters) -Indian airlines are expected to post a bigger industry-wide loss in fiscal 2025 as higher costs outweigh rising demand and

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?