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Economy

Oil prices ease on US gasoline demand worries, economic data

By Scott DiSavino NEW YORK (Reuters) -Oil prices eased about 1% on Wednesday on worries over weak U.S. gasoline demand and economic data that could cause the U.S. Federal Reserve to keep interest

FM Nirmala Sitharaman welcomed S&P’s revision of India’s outlook from stable to positive

New Delhi , May 29 (ANI): Welcoming the revision of India's outlook in S&P Global Ratings from from stable to positive, Finance Minister Nirmala...

ADB pledges continued support for India’s infrastructure and inclusive economic development

New Delhi , May 29 (ANI): The Asian Development Bank has once again affirmed its support to India, stating it will continue to focus...

S&P ups India’s outlook to positive on robust growth; FM says reflects promising outlook

New Delhi, May 29 (PTI) After a gap of about 10 years, S&P Global Ratings on Wednesday upped India's outlook to positive from...

Following strategic divestment, L&T Switchgear rebrands to Lauritz Knudsen; announces Rs 850 crore investment

New Delhi , May 29 (ANI): L&T Switchgear, an electrical and automation solution services provider, unveiled its new brand identity, and officially it will...

HCLTech infuses GenAI into MRO solution to boost enterprises’ asset utilization

New Delhi , May 29 (ANI): HCLTech, a global technology company, has added generative AI (GenAI) capabilities to its maintenance, repair and overhaul (MRO)...

S&P ups India’s outlook to positive on robust growth; FM says reflects promising outlook

New Delhi, May 29 (PTI) After a gap of about 10 years, S&P Global Ratings on Wednesday upped India's outlook to positive from...

Stocks wilt, bond yields jump as investors focus on rates

By Sinéad Carew and Harry Robertson NEW YORK/LONDON (Reuters) -A global equities gauge fell on Wednesday while benchmark U.S. Treasury yields rose as investors worried about interest rates a day after

Upgrade of India’s rating outlook reflects solid growth, promising outlook: Sitharaman

New Delhi, May 29 (PTI) Finance Minister Nirmala Sitharaman on Wednesday said the revision in India's rating outlook to positive by S&P reflects...

Newgen Launches LumYn, Gen AI-Powered hyper-personalization platform for banks

Mumbai (Maharashtra) , May 29 (ANI): Newgen Software, a global provider of low-code digital transformation platforms, has announced the launch of LumYn, a Gen...

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?