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Economy

World shares climb on Fed cut bets, China gains; yen weakens

By Nell Mackenzie and Rae Wee LONDON/SINGAPORE (Reuters) -Global stocks ticked higher on renewed bets that the Federal Reserve would likely ease interest rates this year, while the yen weakened after

Gold gains as tepid US jobs data revives Fed rate cut bets

By Daksh Grover (Reuters) - Gold prices gained on Monday, deriving support from a soft U.S. dollar after a weaker-than-expected jobs report revived expectations that Federal Reserve will cut interest

BSNL to launch 4G services across India in August; to use indigenous technology

New Delhi, May 6 (PTI) State-owned BSNL will start rolling out 4G services across the country from August, using completely indigenous technology in...

India-Ghana agree to strengthen trade ties at 4th joint trade committee meeting in Accra

New Delhi , May 6 (ANI): The 4th Session of the India-Ghana Joint Trade Committee (JTC) concluded in Accra, with both nations resolving to...

Ind-Ra raises FY25 GDP growth estimate to 7.1 pc: Strong government-private investment propel economic momentum

New Delhi , May 6 (ANI): India Ratings and Research (Ind-Ra) has revised its GDP growth estimate for FY25 upwards to 7.1 per cent,...

India leads surge in demand as oil anxiety subsides and gold prices rise

New Delhi , May 6 (ANI): As geopolitical tensions in the Middle East ease, crude oil prices experience a dip while gold prices surge,...

RITES to undertake safety assessment of Vande Bharat trains

New Delhi , May 6 (ANI): RITES Limited, a prime transport infrastructure consultancy in India, together with ItalCertifier SPA, an Italian State Railways Group...

Concerns on low voter turnout a ‘myth’; absolute number of voters correct way to analyse: Report

Mumbai, May 6 (PTI) Terming concerns on low voter turnout in the first two phases of 2024 general elections a "myth", an economist at...

Dollar soft on renewed rate cut bets; yen starts week on back foot

By Samuel Indyk and Ankur Banerjee LONDON (Reuters) -The dollar was a touch lower on Monday as a soft U.S. jobs report boosted wagers that the Federal Reserve may still cut rates this year, while the

Caplin Point Labs gets Colombia’s regulatory body approval for softgel capsules

New Delhi, May 6 (PTI) Caplin Point Laboratories Ltd on Monday said it has received approval from Colombia's regulatory body, INVIMA for its...

On Camera

India should steer clear of an ‘Asian NATO’. Its strategic flexibility is at stake

Japan PM Shigeru Ishiba’s proposal for an Asian NATO stems from his belief that the absence of a collective defence alliance could lead to wars. It’s a step too far for India.

You can’t ‘wish away’ China, India must balance economic & security considerations, says Sanjeev Sanyal

Sanyal, an economist & member of the Economic Advisory Council to PM, also suggests that if India is to import parts from China, why not allow Chinese companies to manufacture in India.

Compete, coexist, confront & contest: Army chief General Dwivedi says on dealing with China

Referring to current situation, General Upendra Dwivedi says it is stable but not normal; instead, sensitive. He adds the diplomatic side can only come up with certain options.

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?