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Economy

Global stocks gain on Big Tech lift; yen swings to fresh 34-yr low

By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Global stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan's yen hit a fresh 34-year low after the Bank

Oil up on geopolitical tensions, gains curbed by fading fed rate cut hopes

By Georgina McCartney HOUSTON (Reuters) -Oil prices edged up slightly on Friday, boosted by worries about geopolitical tensions but still under pressure from U.S. data showing inflation rose

Once dependent on imports, India’s toy industry scripting ‘Atmanirbhar’ story

New Delhi , April 26 (ANI): As part of the Local for Vocal initiative, India is making a strong course correction in the toy...

CESC acquires company engaged in under-construction 300 MW solar park in Rajasthan

Kolkata, Apr 26 (PTI) CESC Ltd on Friday said one of its step-down subsidiaries has completed the acquisition of a company that is...

Rupee falls 10 paise against US dollar

Mumbai, Apr 26 (PTI) The rupee declined 10 paise to close at 83.38 against the US dollar on Friday as a strengthening American currency...

Eveready Q4 net Rs 8cr amid sluggish rural demand

Kolkata, Apr 26 (PTI) Eveready Industries India announced a fourth-quarter profit of Rs 8 crore for the period ended March 2024, compared to...

Patanjali Foods receives proposal to acquire non-food business from Patanjali Ayurved

New Delhi , April 26 (ANI): The Board of Directors of Patanjali Foods Limited, at its meeting held on Friday, discussed the initial proposal...

India’s forex reserves decline further after hitting record high

New Delhi , April 26 (ANI): India's foreign exchange reserves declined for the second week, after having risen for the seventh straight week to...

Gold holds firm after US inflation data

By Ashitha Shivaprasad (Reuters) - Gold prices held gains on Friday after data showed that U.S. inflation rose in line with expectations, but the safe-haven metal was on track for a weekly fall as

Japan’s yen hits new 34-year low; US dollar rises after inflation data

By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) - The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no

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.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

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?