scorecardresearch
Sunday, September 29, 2024
HomeEconomy

Economy

Dollar suffers PMI hangover, Aussie jumps on inflation surprise

By Kevin Buckland TOKYO (Reuters) -The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling, but the yen remained mired near 34-year lows even as Japanese

Asian shares jump on tech boost; fragile yen on intervention watch

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks rose sharply on Wednesday led by tech stocks as investors' focus shifts to earnings from U.S. tech bellwethers this week, while the yen remained

Gold prices rangebound as traders focus on US economic data

By Sherin Elizabeth Varghese (Reuters) - Gold prices crept higher on Wednesday but were stuck in a narrow range as investors looked to U.S. economic data for further clarity on the Federal Reserve's

India’s Airtel says not in talks to buy Vodafone UK’s Indus Towers stake

BENGALURU (Reuters) -Bharti Airtel is not in talks to buy UK-based Vodafone Group's 21.05% stake in Indus Towers, the Indian telecom operator said on Wednesday, after a newspaper reported that it was

CCI approves IFC’s investment in Napino auto

New Delhi , April 24 (ANI): The Competition Commission of India (CCI) has given its nod to the subscription of Compulsory Convertible Debentures (CCDs)...

Surge in Indian stock market for the third consecutive session

New Delhi , April 24 (ANI): The Indian stock market opened with modest gain on Wednesday marking the third consecutive session in the upward...

Jaipur becomes major contributor as India-UAE trade seeks significant spike

Jaipur (Rajasthan) , April 24 (ANI): After the signing of the bilateral trade agreement between India and UAE, the bilateral trade between both countries...

NSE introduces derivatives on Nifty Next 50 from today

Mumbai (Maharashtra) , April 24 (ANI): The National Stock Exchange of India (NSE) to start derivatives on Nifty Next 50 Index (NIFTYNXT50) from today....

Dollar droops, Aussie jumps after inflation data

By Kevin Buckland TOKYO (Reuters) -The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling, but the yen remained mired near 34-year lows even as Japanese

Tesla’s shift on low-cost cars throws Mexico, India factory plans into limbo

SAN FRANCISCO (Reuters) -Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

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?