scorecardresearch
Tuesday, October 1, 2024
HomeEconomy

Economy

Gold set for second weekly fall; US payrolls on investors’ radar

By Ashitha Shivaprasad (Reuters) -Gold prices were poised for a second straight weekly decline, although bullion held steady on Friday as investors remained cautious ahead of the U.S. non-farm

Oil steadies, heads for weekly drop on U.S. economy worries

By Laila Kearney (Reuters) - Oil prices edged up in early trade on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for weekly losses on U.S. economic

Yen poised for best week in over a year; dollar waits on US jobs data

By Rae Wee SINGAPORE (Reuters) - The yen was headed for its best week in more than a year on Friday, helped by Tokyo's suspected intervention this week to pull the Japanese currency away from 34-year

MeitY’s unveils indigenous innovations in transportation with ITS booklet launch, thermal camera transfer

New Delhi , May 3 (ANI): The Ministry of Electronics and Information Technology (MeitY) announced the launch of the Intelligent Transportation System (ITS) Technology/Product...

RBI imposes monetary penalty on Satara Sahakari Bank Limited

Mumbai (Maharashtra) , May 3 (ANI): The Reserve Bank of India (RBI) has taken stringent action against The Satara Sahakari Bank Limited, Mumbai, Maharashtra,...

Stocks jump after Fed, US data; yen strengthens

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks climbed on Thursday after the Federal Reserve indicated it was leaning toward a dovish stance, while the dollar retreated against the

Stocks rally after Fed, US data; yen strengthens

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks climbed on Thursday after the Federal Reserve indicated it was keeping a dovish tilt, while the yen retreated after another suspected

Oil settles near 7-week lows, focus shifts to economy

By Shariq Khan NEW YORK (Reuters) -Oil prices settled on Thursday near their lowest level in seven-weeks, narrowly mixed and under pressure from weaker global demand, rising inventories and fading

Yen higher after suspected intervention

By Karen Brettell NEW YORK (Reuters) - The yen gained on Thursday, following a sudden rally late on Wednesday that traders and analysts attributed to intervention by Japanese authorities, while the

Gold pulls back, traders hunker down for interest-rate cues

By Kavya Balaraman (Reuters) - Gold retreated on Thursday as focus returned to chances of U.S. interest rates staying higher for longer, with traders also positioning for economic data that could

On Camera

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

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?