scorecardresearch
Tuesday, October 8, 2024
HomeEconomy

Economy

UPS to make some parcel-tracking tags in India, executive says

By Praveen Paramasivam (Reuters) - United Parcel Service, the world's biggest parcel delivery firm, is in talks with several Indian state governments to make some of the tags used in tracking packages

After Paytm, Adani Group denies media reports of buying stake in fintech company

New Delhi , May 29 (ANI): After the Paytm clarification on media reports that Adani Group Chairman, Gautam Adani was in talks with Paytm...

Dollar steady ahead of inflation data, yen hits 4-week low

By Ankur Banerjee SINGAPORE (Reuters) -The dollar was bolstered on Wednesday by rising expectations the Federal Reserve is unlikely to cut rates until later this year ahead of crucial inflation

Stock investors in wait-and-watch mode ahead of Lok Sabha poll outcome; indices in red

New Delhi , May 29 (ANI): On Wednesday morning, Indian stock indices consolidated from where they were at the previous session closing. After a...

Paytm denies media report on stake sale to Adani Group, calls it ‘speculative’

Paytm informed stock exchanges in a filing that the company was not engaged in any such discussion.

Oil advances as major producers expected to keep output cuts in place

By Mohi Narayan NEW DELHI (Reuters) - Oil prices rose in Asian trading on Wednesday on expectations major producers will maintain output cuts at a meeting this Sunday, and that fuel consumption should

India’s Paytm says not in talks to sell stake

BENGALURU (Reuters) -Indian digital payments firm Paytm said on Wednesday that it was not in talks to sell a stake, contrary to what a media report had said earlier in the day. Gautam Adani, Indian

Gold subdued as US dollar, yields firm; traders await inflation data

By Sherin Elizabeth Varghese (Reuters) - Gold prices edged lower on Wednesday as the U.S. dollar and Treasury yields held firm ahead of key inflation data, which could offer more clarity on the

Indian shares open lower as financials drag

BENGALURU (Reuters) - Indian shares opened lower on Wednesday, dragged by losses in heavyweight financials and information technology stocks, while weakness in global markets on uncertainty over the

Bond yields climb, stocks under pressure as Fed cut doubts resurface

By Kevin Buckland TOKYO (Reuters) - U.S. Treasury yields pushed to a near four-week peak on Wednesday, lifting their Asia-Pacific counterparts and the dollar while pressuring equities, as data sowed

On Camera

Asian NATO? Why Japan PM’s big new idea won’t shake up foreign policy

One of the most difficult tasks for Shigeru Ishiba, apart from keeping together the divided LDP, will be implementing his foreign policy ideas—if he chooses to pursue them.

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?