scorecardresearch
Thursday, May 2, 2024
HomeEconomy

Economy

Indian stock markets shut for Ram Navami

New Delhi , April 17 (ANI): Indian stock exchanges are shut on Wednesday for Ram Navami, with normal trading activities now resuming Thursday.The next...

India’s pulses import almost doubled in 2023-24, it may rise further this year

New Delhi , April 17 (ANI): Despite several measures, including various incentives to farmers, India is still dependent on imports of pulses for its...

Dollar steady, yen fragile after Fed comments dash rate cut bets

By Ankur Banerjee SINGAPORE (Reuters) - The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from Federal Reserve officials, including Chair Jerome

Oil prices dip as demand concerns outweigh Middle East supply fears

By Yuka Obayashi TOKYO (Reuters) - Oil prices eased in early trade on Wednesday as worries about global demand due to weak economic momentum in China and fading hopes for U.S. interest rate cuts in

Asian shares mixed as Fed’s Powell rethinks rate cuts, yields jump

By Stella Qiu SYDNEY (Reuters) - Asian shares were mixed on Wednesday as the world's most powerful central banker had a change of heart on U.S. rate cuts this year, pushing Treasury yields to new

Oil prices flat as economic headwinds counter Mideast supply fears

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled marginally lower on Tuesday after economic headwinds pressured investor sentiment, curbing gains from geopolitical tensions with eyes on

Oil settles flat, economic headwinds counter potential supply threats

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled flat to marginally lower on Tuesday after economic headwinds pressured investor sentiment, curbing gains from geopolitical tensions with

US stocks see-saw as rising Treasury yields, Middle East tensions cap gains

By Stephen Culp NEW YORK (Reuters) -Wall Street was mixed in choppy trading on Tuesday as rising U.S. Treasury yields and elevated geopolitical worries counteracted a generally positive string of

Gold holds steady as geopolitical risks counter rate cut concerns

By Ashitha Shivaprasad (Reuters) - Gold prices held steady on Tuesday, as safe-haven demand amid ongoing tensions in the Middle East offset rising expectations of fewer U.S. rate cuts this year. Spot

Dollar hits 5-month high against euro; yen weakest since 1990

By Karen Brettell NEW YORK (Reuters) -The dollar reached a five-month high against the euro on Tuesday after Federal Reserve Chair Jerome Powell said the U.S. central bank may need to keep rates

On Camera

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.