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Dollar calm as Fed urges patience; kiwi surges on hawkish RBNZ outlook

By Brigid Riley TOKYO (Reuters) -The dollar was steady against a handful of peers on Wednesday as investors assessed calls for patience from Federal Reserve officials and awaited Fed meeting minutes

“Surname doesn’t matter in today’s India”: PM Modi reaffirms providing right business environment for startups

New Delhi , May 22 (ANI): Referring to Zomato CEO Deepinder Goyal's off-the-cuff remarks on his father not expecting him to do well as...

Paytm registers 25% growth in revenue at Rs 9,978 crore in 2023-24

New Delhi , May 22 (ANI): One 97 Communications, that operates popular fintech brand Paytm, reported a 25 per cent rise in revenue at...

Lower oil prices lead to 4x profits for oil firms, bonanza for govt, but no relief for aam aadmi

Petrol & diesel prices have barely changed since June 2022, even though oil prices have fallen 28% since then. This has boosted profitability of OMCs and dividend payouts to govt.

Asia stocks edge up on Nvidia hopes, NZ dollar jumps

By Wayne Cole SYDNEY (Reuters) - Asian shares edged higher on Wednesday as anxious investors dared to hope AI-diva Nvidia could meet sky-high expectations, while keeping a wary eye on the outlook for

Dollar steady as Fed urges patience; kiwi jumps on hawkish RBNZ outlook

By Brigid Riley TOKYO (Reuters) -The dollar was steady against a handful of peers on Wednesday, as the market assessed calls for patience from Federal Reserve officials and awaited the publication of

Citing lack of stability, RBI cautions retail investors against investing in cryptocurrencies

New Delhi , May 22 (ANI): RBI yet again urged retail investors to be more cautious while investing in cryptocurrencies, and noted that the...

Oil slips for third session on likely ‘higher for longer’ US rates

SINGAPORE (Reuters) - Oil prices fell for a third straight session on Wednesday on expectations the Federal Reserve could keep U.S. interest rates higher for longer due to sustained inflation,

Dollar consolidates as Fed urges patience; markets await meeting minutes

By Brigid Riley TOKYO (Reuters) - The dollar was steady against a handful of peers on Wednesday, as the market assessed calls for patience from Federal Reserve officials and awaited the publication of

Not only is FDI into India falling, but foreign firms are increasingly taking their money out

Actual foreign direct investment is the difference between how much companies put in and how much they take out. While the former is falling, the latter is rising sharply.

On Camera

Make it a Fundamental Right of every religionist to propagate, convert: TT Krishnamachari

On 6 December 1948, TT Krishnamachari spoke in the Constituent Assembly during a debate on Article 19, supporting it as it is, including how it's framed in the matter of religion.

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.

Iran’s Shahab-3, India’s Agni-1 to US’s Minuteman III—ballistic missile arsenals, who has what

Iran used Shahab-3, along with Fattah-1 hypersonic missiles, to attack Israel after the killing of Hezbollah leader Hasan Nasrallah in air strikes on Lebanon's Beirut.

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?