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European shares rally, eyeing ECB rates move

By Yoruk Bahceli (Reuters) -European stocks bounced and government bond yields dropped on Monday as investors looked forward to an interest rate cut from the European Central Bank (ECB), while U.S.

State Bank of India’s market cap crosses Rs 8 lakh crore, stocks surge to all-time high

New Delhi , June 3 (ANI): The market capitalization of the State Bank of India (SBI) crossed the Rs 8 lakh crore mark on...

Dollar stands tall as traders mull Fed outlook; focus on ECB

By Amanda Cooper LONDON (Reuters) -The dollar held steady on Monday, as investors warmed to the idea that U.S. inflation may have slowed enough for the Federal Reserve to cut rates in 2024, while the

India to add 45 mn sq. ft of retail space in 5 Years, surpassing last decade’s growth: JLL

Mumbai (Maharashtra) , June 3 (ANI): India is set to witness an unprecedented expansion in its retail sector, with projections indicating the addition of...

Oil prices steady as investors assess OPEC+ output cut extension

By Mohi Narayan NEW DELHI (Reuters) -Oil prices were little changed on Monday, as investors weighed a move by producer group OPEC+ to extend deep output cuts well into 2025. Brent futures for August

Bulls push markets to historic highs, experts give positive outlook for future

New Delhi , June 3 (ANI): The stock market opened on Monday at a record high, following the exit polls predictions giving the BJP-led...

May 2024, saw marginal decline in domestic 2-wheeler sales, exports however were up

New Delhi , June 3 (ANI): The two-wheeler sales in India experienced a marginal decline in May as compared to the same period in...

After Amul, Mother Dairy too hikes milk prices by Rs 2 per litre from June 3rd

New Delhi , June 3 (ANI): After Amul, Mother Dairy too has announced an increase in prices of its liquid milk by Rs 2...

India’s manufacturing sector growth eases in May; upturn in exports strongest in over 13 years: PMI survey

New Delhi, Jun 3 (PTI) India's manufacturing sector saw a slower growth rate for the second straight month in May but stayed firmly...

Asia shares rally on promise of rate relief, factories rev up

By Wayne Cole SYDNEY (Reuters) -Asian share markets rallied on Monday, as investors looked forward to an interest rate cut in Europe and quite possibly Canada as the next step in global policy easing,

On Camera

Read the Kashmir verdict. It’s time to stop treating it like a national security crisis

Election after election has seen Kashmir’s people demonstrate that, like other Indians, they seek a future shaped by democratic rights and norms

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?