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India’s service sector made strong start to first quarter of 2024-25: HSBC PMI

New Delhi , May 6 (ANI): India's service sector made a strong start to the first quarter of financial year 2024-25, according to HSBC...

Business loans boom, personal loans slows down: March banking trends after HDFC merger

New Delhi , May 6 (ANI): In March 2024, the Indian banking sector witnessed a notable increase in gross bank credit, primarily driven by...

Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices

By Florence Tan SINGAPORE (Reuters) - Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing

Voters in absolute terms increased in first two phases, SBI Research terms low turnout debate as myth

New Delhi , May 6 (ANI): In the first two phases of the Lok Sabha polls 2024, 8.7 lakh additional voters have voted with...

India’s service activity growth in April among fastest in 14 years: PMI

New Delhi, May 6 (PTI) India's services sector growth eased slightly in April but growth of new business and output remained sharp and...

Asia shares rally on China’s gains, Fed cut bets; yen weakens

By Rae Wee SINGAPORE (Reuters) -Asian stocks rose to their highest in over a year on Monday on renewed bets that the Federal Reserve would most likely ease rates this year, while the yen weakened

Oil climbs after Saudi Arabia hikes prices

By Florence Tan SINGAPORE (Reuters) -Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing

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

By Ankur Banerjee SINGAPORE (Reuters) - The dollar was broadly steady on Monday as a soft U.S. jobs report boosted wagers that the Federal Reserve may still cut rates this year, while the yen lurched

Gold rises on Fed rate cut hopes, Middle East tensions

By Ashitha Shivaprasad (Reuters) - Gold prices ticked higher on Monday, as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East

Stock indices surge as Sensex-Nifty start trading week on positive note

Mumbai (Maharashtra) , May 6 (ANI): Stock indices, Sensex and Nifty, kicked off the trading week with a surge, buoyed by positive global cues.Sensex...

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?