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Friday, May 3, 2024
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Dollar dips as Fed flags stalled inflation progress

NEW YORK (Reuters) - The dollar fell on Wednesday after the U.S. Federal Reserve signaled it is still leaning towards eventual reductions in borrowing costs, but noted recent disappointing inflation

Gold regains some ground as spotlight shifts to Fed

By Brijesh Patel (Reuters) -Gold prices regained some ground on Wednesday as caution set in ahead of the Federal Reserve policy decision, while a slight pullback in the dollar and U.S. Treasury yields

Mark Zuckerberg unveils WhatsApp community upgrades: Introduces event organization and admin replies

New Delhi , May 1 (ANI): Mark Zuckerberg, the CEO of Meta Platforms Inc., on Wednesday announced updates for WhatsApp Communities, enhancing group interactions...

Dollar slips before Fed meeting statement

By Karen Brettell NEW YORK (Reuters) - The dollar slipped on Wednesday ahead of the conclusion of the Federal Reserve's two-day policy meeting, with investors focused on whether Fed Chair Jerome

Gold regains some ground as spotlight shifts on Fed verdict

By Brijesh Patel (Reuters) -Gold prices rebounded on Wednesday as caution sets in ahead of the U.S. Federal Reserve policy decision later in the day, while a pullback in the dollar and U.S. Treasury

Oil falls to 7-week low on surprise build in US storage, Middle East ceasefire hopes

By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% to a seven-week low on Wednesday on a surprise build in U.S. crude stocks, the prospect of a Middle East ceasefire agreement and

Vedanta plans to invest $20 bn in India in 4 years; will sell steel biz only at right price: Agarwal

Mumbai, May 1 (PTI) The Vedanta Group is aiming to invest USD 20 billion across all its businesses in India over the next...

Stocks, dollar dip after data with eyes on Fed

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks declined for the first time in three sessions on Wednesday while the dollar dipped against a basket of peers after a flurry of U.S.

Adani Power grows 29 pc YoY in Q4 FY24 to Rs 13,787 cr, revenue grows 37 pc to Rs 50,960 cr

Ahmedabad (Gujarat) , May 1 (ANI): Adani Power Ltd has reported its financial results for the fourth quarter ended on March 31, showcasing growth...

Maruti Suzuki sold 1.68 lakh while Hyundai India sold 63,701 vehicles in April 2024

New Delhi , May 1 (ANI): Two of India's automotive giants, Hyundai Motor India Ltd (HMIL) and Maruti Suzuki India Limited, reported impressive sales...

On Camera

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.