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Economy

Mahindra Finance to announce Q4 results on May 4th, delayed because of financial fraud

New Delhi , April 29 (ANI): Mahindra Finance announced to declare the financial results for the fourth quarter of FY2024 on 4TH May, the...

Yen surges on suspected intervention, Asia shares rise

By Rae Wee SINGAPORE (Reuters) -The yen jumped sharply against its peers on Monday after it slid past 160 per dollar earlier in the session, leading to speculation that Tokyo could have intervened in

Yen jumps, Asia shares rise as Fed looms large

By Rae Wee SINGAPORE (Reuters) - The yen jumped sharply on Monday after it slid past 160 per dollar earlier in the session, leading to speculation that Tokyo could have intervened in the currency

Japan’s yen jumps 5 yen against dollar on suspected intervention

By Vidya Ranganathan SINGAPORE (Reuters) - The Japanese yen surged 5 yen against the dollar in Asian trading on Monday, with traders citing heavy dollar-selling intervention by Japanese banks after

Indian stocks kick off fresh week in green

New Delhi , April 29 (ANI): Indian stocks opened higher on Monday morning, backed by strong US markets which showed a robust performance on...

Gold retreats as dampened Fed rate cut hopes dent appeal

By Sherin Elizabeth Varghese (Reuters) - Gold prices slipped on Monday as hopes for early interest rate cuts this year dampened, while focus shifted to the Federal Reserve policy meeting and U.S.

Yen trips past 160-per-dollar to April 1990 lows

By Vidya Ranganathan SINGAPORE (Reuters) - The Japanese yen hit its weakest levels since April 1990 on Monday, in trading thinned by a holiday in Japan and attempts by traders to test key levels and

Asia shares rise as Fed looms large; yen crumbles below key level

By Rae Wee SINGAPORE (Reuters) - Asian stocks got off to a positive start on Monday ahead of the Federal Reserve's policy meeting later in the week, while the dollar broke past the psychologically key

Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns

By Colleen Howe BEIJING (Reuters) - Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East

Dollar a tad softer as markets wait for Fed

By Vidya Ranganathan SINGAPORE (Reuters) - The U.S. dollar was a shade softer in early deals on Monday, thinned by a holiday in Japan, though the yen, euro and sterling stayed near the bottom of the

On Camera

No more lip service on UNSC reforms—it’s time to form an implementation roadmap

Most of the UNSC’s failures stem from the use of veto power by the P5. In a world that champions democracy, the UNSC is inherently the most undemocratic entity possible.

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.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

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?