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Tuesday, October 1, 2024
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ArcelorMittal Q1 profit tops expectations

(Reuters) - ArcelorMittal, the world's second-largest steelmaker, reported on Thursday first-quarter core earnings above expectations after improved results in North America, Brazil, Europe and India.

Gold holds ground as Fed keeps rates steady

By Ashitha Shivaprasad (Reuters) - Gold prices held steady on Thursday after the Federal Reserve held interest rates steady and indicated it is still leaning toward eventual cuts, while investors'

Treating govt tax concessions as ‘presumptive loss’ by CAG diminishes democracy: Subbarao

New Delhi, May 2 (PTI) If tax concessions announced by the government are treated as 'presumptive loss' by federal auditor Comptroller and Auditor...

ICICI Bank categorically denies report that said its CEO wanting to quit

New Delhi , May 2 (ANI): ICICI Bank has categorically denied that Sandeep Bakshi, its MD and CEO, has indicated that he wanted to...

Indian stocks continue uptrend; most Godrej shares rise after split in conglomerate

New Delhi , May 2 (ANI): Indian stock indices rose marginally Thursday morning after they witnessed mild losses in the previous session. Today's positive...

Yen weakens, paring sharp rise after suspected intervention

By Kevin Buckland TOKYO (Reuters) -The yen slid against the dollar on Thursday, reversing direction after a sudden surge overnight that traders and analysts were quick to attribute to intervention by

Oil prices rebound on prospect of US replenishing strategic reserve

By Mohi Narayan and Yuka Obayashi NEW DELHI (Reuters) -Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world's biggest

Gold prices flutter higher as Fed holds rates steady

By Ashitha Shivaprasad (Reuters) - Gold prices edged higher for a second straight session on Thursday after the Federal Reserve indicated that it is still leaning toward eventual rate cuts, while

Asia stocks rise as Fed tamps down hike fears; yen leaps

By Tom Westbrook SINGAPORE (Reuters) -Asian stocks and U.S. futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike, while the yen was bumpy after another burst of

US Fed says further interest rate hike unlikely going ahead

Washington , May 2 (ANI): US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and the central...

On Camera

Hezbollah mistook anti-Netanyahu protests as disunity in Israel—a genuinely liberal country

Israel's successes in Lebanon are spearheaded by the Intelligence Corps and the Air Force, which gave calls to cease volunteer reserve service should Netanyahu curtail the Supreme Court's authority.

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.

Indian envoy in Oman dons Army combat print for photo ops, sparks controversy

Ambassador Amit Narang wore combat uniform at closing ceremony of India-Oman joint military exercise. Only serving personnel can wear service uniforms, say veterans.

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?