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Oil benchmark Brent above $84 on perky demand signals, MidEast conflict

By Natalie Grover LONDON (Reuters) -Global benchmark Brent hovered above $84 a barrel on Friday after data this week signalled growing demand in the U.S. and China, the world's two largest crude users

India’s March industrial output up 4.9% y/y

NEW DELHI (Reuters) - India's industrial output in March rose 4.9% year on year, government data showed on Friday. Economists polled by Reuters had estimated growth of 5.1%. (Reporting by Nikunj Ohri;

Industrial production grows 4.9 pc in March, 5.8 pc in FY24

New Delhi, May 10 (PTI) India's industrial production grew 4.9 per cent in March this year, according to official data released on Friday.The factory...

India’s forex reserves jump by USD 3.66 bn to USD 641.59 bn: RBI

Mumbai, May 10 (PTI) After three consecutive weeks of drop, India's forex reserves increased by USD 3.668 billion to USD 641.59 billion for the...

RBI likely to transfer Rs 1 trillion to government in FY25

New Delhi , May 10 (ANI): The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN...

American Spice Trade Association seeks clarification on ethylene oxide residues in Indian spices

New Delhi , May 10 (ANI): American Spice Trade Association (ASTA) has sought clarification from the Spice board of India on the media reports...

RBI proposal of higher provisioning for under-construction projects will hurt affordable and mid-segment housing: Experts

New Delhi , May 10 (ANI): The Reserve Bank of India's (RBI) proposal to set aside 5 per cent of the loan for construction...

Dollar steadies after losses on soft jobs data, yen slips

By Harry Robertson and Vidya Ranganathan LONDON/SINGAPORE (Reuters) - The dollar steadied on Friday after losing ground overnight on the back of U.S. data showing further signs of a cooling labour

Gold, silver prices rebound on bullish global trend, strong domestic demand

New Delhi, May 10 (PTI) Gold and silver prices rebounded sharply on Friday after falling for two straight sessions, with the yellow metal...

Indian markets close marginally up as sectoral indices gain

Mumbai (Maharashtra) , May 10 (ANI): Indian stock markets experienced a slight gain during Friday's session following a slump in stock indices on Thursday.The...

On Camera

Gaza, Ukraine being fought on techno-battlefields. Indian military is 3 decades behind

My assessment is that the Indian armed forces are adopting emerging technologies for incremental change and not transformation—which is the need of the hour.

Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

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?