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Economy

Inflation worries continue for US Fed, no policy rate cut for sixth time

Washington , May 2 (ANI): The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at...

Yen gives up ground vs dollar following surge on suspected intervention

By Kevin Buckland TOKYO (Reuters) - The yen gave up ground in early trade on Thursday, reversing direction after a sudden surge against the dollar overnight that traders and analysts were quick to

Oil prices pick up on prospect of US replenishing strategic reserve

By Yuka Obayashi TOKYO (Reuters) - Oil prices rose on Thursday on the prospect the U.S. may start buying crude for its petroleum reserve, after prices sank to a seven-week low on hopes for an

Asia stocks wobble on rate cut delays; yen leaps

SINGAPORE (Reuters) - Asian stocks got off to a shaky start on Thursday after the Federal Reserve flagged delays to interest rate cuts, while the dollar fell heavily on the yen in what traders

Japan’s yen climbs against US dollar amid signs of intervention

By Gertrude Chavez-Dreyfuss, Karen Brettell and Caroline Valetkevitch NEW YORK (Reuters) -The yen soared against the U.S dollar late on Wednesday, as market participants suspected Japan's monetary

Stocks, dollar decline after Fed holds rates steady

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks fell on Wednesday while the dollar weakened against a basket of peers after the Federal Reserve left interest rates unchanged and

Freshworks names Dennis Woodside as CEO, shares tumble

(Reuters) - Freshworks said on Wednesday that Dennis Woodside will take over as CEO of the CRM software maker, and founder Girish Mathrubootham will be the firm's executive chairman. Shares of the San

Oil falls to 7-week low on surprise US storage build, Middle East hopes

By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 3% to a seven-week low on Wednesday on a surprise build in U.S. crude stocks, the prospect of a Middle East ceasefire agreement and as hopes

Dollar dips as Fed cites disappointing inflation, but keeps focus on cuts

By Karen Brettell NEW YORK (Reuters) - The dollar fell on Wednesday after the U.S. Federal Reserve signaled it is still leaning toward eventual reductions in borrowing costs, but repeated that it

Gold climbs over 1% as dollar, yields fall after Fed’s interest-rate decision

By Anushree Ashish Mukherjee and Anjana Anil (Reuters) - Gold prices climbed over 1% on Wednesday as the dollar and U.S. Treasury yields tumbled lower after the Federal Reserve's interest-rate

On Camera

Being Dalit on a dating app. Upper caste men only want to argue over reservation, EWS

My Instagram bio reads ‘Namasudra Dalit, West Bengal’. But around 10 men – whom I had added from dating apps – unfollowed and blocked me after learning about my identity.

Indian airlines are on path to capture 50% of market for international travel to & from the country

Adding new routes and more aircraft, Indian airlines are now looking to cash in on the post-pandemic surge in international travellers.

Spain denies port of call to vessel carrying shipment of ‘arms to Israel from India’

The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.

What’s common between Netflix Chamkila and Trudeau’s trouble-infested Canada? They don’t get Punjab

Even in the weeks leading up to Chamkila’s assassination there were massacres every other day. To airbrush all of this is sheer intellectual cowardice if not a crime.