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Gold climbs as cooling US inflation bolsters Fed rate cut bets

By Rahul Paswan (Reuters) - Gold prices climbed to a more than three-week peak on Wednesday, aided by a weaker dollar and yields after data showed the U.S. consumer price index rose less than expected

L&T Finance aims at 25pc CAGR, retail lending in focus

Kolkata, May 15 (PTI) L&T Finance Ltd is aiming at a 25-per cent compound annual growth rate (CAGR) over the next few years,...

Spices banned in Singapore and Hong Kong are less than 1 pc of India’s total exports

New Delhi , May 15 (ANI): After the recent spice controversy, where Singapore and Hong Kong banned the sale of MDH and Everest spices...

Exports up 1 pc to USD 35 bn in April; trade deficit widens to 4-month high at USD 19.1 bn

New Delhi, May 15 (PTI) India's merchandise exports rose by 1 per cent to USD 34.99 billion in April even as the trade deficit...

Dollar slides against major currencies after CPI report

(Reuters) -The dollar fell on Wednesday after U.S. consumer prices increased less than expected in April, suggesting inflation has resumed a downward trend in the second quarter and that the Federal

Stocks jump, dollar slides after cooler US inflation

By Amanda Cooper LONDON (Reuters) -Global share markets rallied and the dollar dropped on Wednesday, after data showed U.S. inflation rose less than expected in April, while consumer spending slowed,

‘Not sure how GDP numbers coming’: Asian Paints CEO points to disconnect with sectoral performance

At a time when the government expects the economy to have grown 8% in 2023-24, FMCG companies are struggling to lift sales above low single-digits.

Exponential and unprecedented development seen in last 10 years across different sectors: Nirmala Sitharaman

New Delhi , May 15 (ANI): Finance Minister Nirmala Sitharaman on Wednesday attacked the Congress for neglecting India's growth for the 10 years in...

India Surpasses Major APAC Countries in Data Center Capacity, Projected to Exceed 1800 MW by 2026

New Delhi , May 15 (ANI): India has topped major APAC countries with the highest data centre capacity of 950MW in the Asia-Pacific region...

Oil prices steady on US inventories drawdown expectations

By Noah Browning LONDON (Reuters) - Oil prices slipped on Wednesday as International Energy Agency (IEA) data showed demand in developed countries was forecast to flag this year as inflation remains

On Camera

I met Hezbollah leader Hassan Nasrallah in 2005. He told me he was an admirer of MK Gandhi

Shuttle diplomacy at a high level is indicated, along the lines of the famous Kissingerian shuttles following the 1973 Arab-Israeli war.

#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?