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Economy

Crude oil prices plunge by 541 points despite OPEC+ extending production cuts until 2025

New Delhi , June 4 (ANI): Crude oil prices fell sharply by 541 points to 6149 on Tuesday, down from 6690 the previous day,...

Dollar wallows at multi-month lows as Fed cut bets firm

By Kevin Buckland TOKYO (Reuters) -The dollar languished at its lowest since March against the euro and sterling on Tuesday as signs of a softening U.S. economy boosted the case for earlier Federal

Stock market tumbles as early election trends trigger volatility

Mumbai (Maharashtra) , June 4 (ANI): The stock market opened on a negative note on Tuesday amid the ongoing trends from the Lok Sabha...

Oil falls further on worries of supply rising later in 2024

(Reuters) -Oil prices eased in Asian trade on Tuesday, extending losses from the previous session when prices fell to their lowest in four months, as investors worried about supply ticking up later in

Gold drifts lower with focus on US jobs data

By Sherin Elizabeth Varghese (Reuters) - Gold prices inched down on Tuesday after rising 1% in the previous session as investors awaited U.S. jobs data due later this week for clues on the Federal

India markets fall as victory margin for Modi unclear in early trends

By Bharath Rajeswaran and Ankur Banerjee MUMBAI/SINGAPORE (Reuters) -Indian financial markets sold off sharply on Tuesday morning, as early vote counting trends suggested Prime Minister Narendra

India seeks firms make additional disclosures to fast track public offers, document shows

By Jayshree P Upadhyay and M. Sriram MUMBAI (Reuters) - India's market regulator wants companies looking to go public to share more information as it seeks to fast track public offers, according to a

Rupee to inch up at open, traders eye election verdict

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee will open marginally higher on Tuesday, with the intraday direction to be dictated by results of the country's general elections. Non-deliverable

Asian shares retreat as investors question US economic strength

By Scott Murdoch SYDNEY (Reuters) - Asian share markets were mildly weaker on Tuesday as global investors consider the prospect the U.S. economy's 'exceptionalism' is starting to unwind as

Oil prices extend losses on worries of supply rising later in 2024

(Reuters) - Oil prices eased in early trade on Tuesday, extending their losses from the previous session when prices fell to their lowest in four months, as investors worried about supply ticking up

On Camera

Imran Khan’s party expects Jaishankar to save Pakistan democracy. And Modi to free him

S. Jaishankar was invited not only to join PTI’s protests but also to address protesters. Plot twist: It was Jaishankar, not Tiger (aka Salman Khan), who was set to save democracy in Pakistan.

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%.

Massive in size & capable of heavyweight strikes. Russia’s S-70 Okhotnik is unlike any other drone

No clarity on whether it was shot down intentionally or accidentally.Some reports suggest that it was purposely brought down to prevent Ukrainians getting their hands on the drone.

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?