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Windfall tax on crude petroleum cut to Rs 5,200/tonne

New Delhi, Jun 1 (PTI) The government has reduced windfall tax on domestically-produced crude oil to Rs 5,200 per tonne from Rs 5,700 with...

ATF price cut 6.5%, commercial LPG by Rs 69

New Delhi, Jun 1 (PTI) Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial...

Oil marketing companies reduce prices of commercial LPG cylinders by Rs 69.50

New Delhi , June 1 (ANI): In a move aimed at offering relief to businesses and commercial enterprises, oil marketing companies have announced a...

Stocks rebound while dollar, Treasury yields fall after US data

By Sinéad Carew and Huw Jones NEW YORK/LONDON (Reuters) -MSCI's global equities index staged an afternoon rebound on Friday as investors repositioned for month-end, while the dollar fell with Treasury

Stocks, dollar, Treasury yields fall after US data

By Sinéad Carew and Huw Jones NEW YORK/LONDON (Reuters) - A global equities gauge was lower on Friday while the dollar fell with Treasury yields as data showing a modest rise in U.S. inflation in

Dollar set for first monthly drop after US inflation readout

By Hannah Lang NEW YORK (Reuters) -The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, offering

Oil settles down ahead of OPEC+ meeting, posts weekly loss

By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday and posted a weekly loss as investors awaited an OPEC+ meeting on Sunday that will determine the fate of the producer group's output cuts.

Gold posts fourth monthly rise on Fed rate cut hopes

By Brijesh Patel (Reuters) - Gold prices eased on Friday as investors digested U.S. inflation report that was largely in line with estimates, although expectations that the Federal Reserve will cut

DPIIT urges corporates to form manufacturing incubators to help startups

New Delhi May 31 (ANI): The Department for Promotion of Industry and Internal Trade (DPIIT) suggested corporates to establish manufacturing-focused incubators to help...

Growth momentum to continue in FY25, Agriculture growth likely to be better: Sources

New Delhi May 31 (ANI): Riding on 8.2 per cent GDP growth, along with a record dividend of Rs 2.1 lakh crore from...

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?