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Wednesday, October 9, 2024
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JSW Steel launches indigenous coated steel that helps prevent corrosion

New Delhi , May 30 (ANI): JSW Steel has come up with an indigenous product Magsure, which is a Zinc-Magnesium-Aluminium alloy coated steel. This...

S&P Global will likely raise India’s rating within 2 years, Citi says

MUMBAI (Reuters) - Citi expects S&P Global Ratings' to upgrade India's sovereign rating by late 2026 given the ratings agency's confidence in the South Asian nation's macro drivers as well as the flow

Stocks continue to consolidate ahead of Lok Sabha election results

New Delhi , May 30 (ANI): Risk aversion in Indian stocks continued on Thursday morning, as the indices opened the session on a negative...

Dollar ascendant as surging US yields spur safety bid

By Kevin Buckland TOKYO (Reuters) - The dollar scaled a two-week peak against its major peers on Thursday, as a rout in Treasuries improved the currency's allure due to both higher U.S. yields and

Gold prices drop as strong US dollar, yields dim bullion’s shine

By Sherin Elizabeth Varghese (Reuters) - Gold prices slipped for a second consecutive session on Thursday as the U.S. dollar and Treasury yields edged higher ahead of key inflation data, which could

Oil mostly steady ahead of U.S stockpile data amid downward pressure

By Katya Golubkova and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices were mostly stable on Thursday as the markets await U.S. crude oil stockpiles data, though resilient U.S. economic activity pointed

Growth in India set to get more broad-based, says Morgan Stanley; pegged 6.8% for 2024

New Delhi , May 30 (ANI): Growth in India, which already is strong and surging, may become more broad-based across both on the consumer...

Stocks, bonds slump over global rates angst

By Rae Wee SINGAPORE (Reuters) - Asian stocks were a sea of red on Thursday and bonds slid on bets global interest rates would stay higher for longer, as investors looked to key inflation readings at

Faced with RBI scrutiny, ECL Finance and Edelweiss Asset Reconstruction Co maintain it won’t materially impact businesses

New Delhi , May 30 (ANI): Both ECL Finance and Edelweiss Asset Reconstruction Company, upon which RBI put certain restrictions on Wednesday, asserted that...

Oil prices down on demand woes as markets await U.S crude stockpiles data

By Katya Golubkova TOKYO (Reuters) - Oil prices were down on Thursday as the markets wait on the latest U.S. crude oil stockpiles data while resilient U.S. economic activity pointed to borrowing costs

On Camera

Haryana win is redemption, J&K defeat is vindication. BJP is walking out of Lok Sabha poll fog

A leader's charisma is a big plus. But don't underestimate the craft of mounting an election campaign. Haryana is BJP's reward for mastering it. All-round participation and peaceful polling in J&K too is a win.

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.

‘Nightmare at Chennai Marina’: 4 dead, 96 hospitalised after pandemonium at packed IAF air show

Lakhs of people were stranded at beach in heat as crowd control measures apparently failed. At least 14 lakh people were in attendance though police had expected around 10 lakh.

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?