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India’s consumption-linked themes ‘ripe for revival’, says Ambit Asset Management’s Bothra (May 30)

(This May 30 story has been refiled to add missing words in the headline and paragraph 6) By Bharath Rajeswaran BENGALURU (Reuters) - Hopes of a normal monsoon and a likely thrust from India's next

Reserve Bank of India to delay interest rate cut to late this year: Reuters poll

By Milounee Purohit BENGALURU (Reuters) - The Reserve Bank of India will cut interest rates just once this year, most likely in October-December rather than next quarter, although there was no clear

Dollar steadies before inflation test; yen brushes off Tokyo CPI

By Brigid Riley TOKYO (Reuters) - The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter suggested room for rate cuts this year,

Oil falls as Fed policymakers look to maintain rate cuts, gasoline stocks rise

By Georgina McCartney (Reuters) - Oil prices fell early on Friday as investors responded to comments from U.S. Fed officials who said it was too soon to start considering rate cuts, and following a

Dollar regroups before inflation test; yen brushes off Tokyo CPI

By Brigid Riley TOKYO (Reuters) - The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter suggested room for rate cuts this year,

Dollar lower ahead of key inflation data Friday

By Hannah Lang NEW YORK (Reuters) -The dollar fell on Thursday after revised data showed that gross domestic product, the broadest measure of economic activity, grew at slower pace than previously

India’s upgradation by S&P is result of successful implementation of policies: Piyush Goyal

New Delhi , May 30 (ANI): Welcoming the revision of India's outlook in S&P Global Ratings from stable to positive, Union Minister Piyush Goyal...

India’s power sector achieves record 250 GW demand met on May 30

New Delhi , May 30 (ANI): In a significant achievement for India's power sector, the country met a record maximum power demand of 250...

Oil falls as US reports surprise fuel build, weak demand

LONDON (Reuters) -Oil prices fell again on Thursday, after the U.S. government reported weak fuel demand in the country and a surprise jump in gasoline and distillate fuel stockpiles. Brent crude

Peak power demand at all time of 250 GW on Thursday

New Delhi, May 30 (PTI) India's peak power demand touched an all-time high of 250 GW on Thursday, according to the power ministry.In...

On Camera

1991 reforms shifted burden of healthcare costs from govt to people. PM-JAY reversed it

After LPG, out-of-pocket expenditure on health facilities increased not only in absolute terms but also as a percentage of total health expenditure.

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

Germany, Spain await key decision as Navy seeks proven tech for submarines to stay underwater longer

Navy is looking to acquire six new submarines with Air Independent Propulsion technology, which allows vessels to stay underwater for longer periods.

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?