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India’s Mahindra & Mahindra to invest $1.44 billion in EV arm; explores hybrid tech

By Meenakshi Maidas and Nandan Mandayam BENGALURU (Reuters) -Indian automaker Mahindra & Mahindra said on Thursday it would invest $1.44 billion over the next three years in its electric vehicle (EV)

Oil prices rise after US economic data raises rate cut expectations

By Laila Kearney NEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing U.S. job market and slower-than-expected inflation data, which increased expectations that the Federal Reserve would

Gold eases off as dollar regains ground

By Rahul Paswan (Reuters) - Gold prices pulled back after earlier touching a near one-month high on Thursday as the dollar inched up, while cautious comments from a Federal Reserve official dampened

Dollar rebounds on hot US import prices

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised market fears that the

Kesoram chairperson Manjushree Khaitan dies at 65

Kolkata, May 16 (PTI) The B K Birla Group on Thursday announced the death of Manjushree Khaitan, the chairperson of Kesoram Industries Limited.Khaitan,...

Rupee settles 4 paise lower against US dollar

Mumbai, May 16 (PTI) The rupee stayed range-bound and settled 4 paise lower at 83.50 against the US dollar on Thursday, weighed down...

Delhi power demand reaches 6,780 MW, highest of the season

New Delhi , May 16 (ANI): Delhi's peak power demand hit the highest level of the season, reaching 6780 MW at 3:26 pm on...

Oil prices rise after positive US economic data

By Noah Browning and Robert Harvey LONDON (Reuters) -Oil futures rose on Thursday bolstered by slower than expected inflation and a stabilising U.S. job market, providing positive signs for future

RBI holds conference for heads of assurance functions at Urban Co-operative Banks

Mumbai (Maharashtra) , May 16 (ANI): The Reserve Bank of India (RBI) convened a conference in Mumbai on Thursday, bringing together Heads of Assurance...

India’s renewable energy secretary showcases green hydrogen leadership at World Hydrogen Summit 2024

New Delhi , May 16 (ANI): Ministry of New and Renewable Energy secretary Bhupinder Singh Bhalla addressed the World Hydrogen Summit 2024 in Rotterdam,...

On Camera

Samantha’s divorce has become a never-ending saga. Just let her be

Konda Surekha’s "apology" to Samantha only came after backlash from Nagarjuna, and Tollywood stars like Junior NTR, Allu Arjun, and Baahubali director SS Rajamouli.

#ByeByeAP to #LuluBackInAP: Naidu’s moves to make Andhra ‘business friendly’ & woo back investors

The Jagan Reddy govt has been accused of scuppering various investment deals. Under Naidu, the govt, is trying to make AP a top investment destination, officials and industrialists say.

IAF chief AP Singh red-flags Tejas delay, says China ahead in technology & production capacity

Air force chief says HAL needs to churn out 24 aircraft per year. It is important for IAF to have indigenous weapons systems to deal with any security challenges, he says.

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?