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India’s Welspun posts steep Q2 profit drop on low domestic steel bar demand

(Reuters) - India's Welspun Corp reported a 25% drop in second-quarter profit on Friday, due to sluggish domestic demand for its steel bars amid a slowdown in construction activity. The company, which

World stocks cruise to best week since August on Trump win, China in focus

By Dhara Ranasinghe LONDON (Reuters) -Global stock markets cruised towards their best week since August on Friday, with sentiment underpinned by Donald Trump's decisive U.S. election victory, while

India inflation to rise further to 5.81% on rising food costs: Reuters poll

By Anant Chandak and Rahul Trivedi BENGALURU (Reuters) - Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable and edible oil prices, a

Forex kitty drops by USD 2.67 bn to USD 682.13 bn

Mumbai, Nov 8 (PTI) India's forex reserves declined by USD 2.675 billion to USD 682.13 billion for the week ended November 1, the RBI...

Sensex, Nifty fall for 2nd day on FII selling; RIL, ICICI Bank major drag

Mumbai, Nov 8 (PTI) Stock markets closed lower for the second straight day on Friday amid relentless foreign fund outflows and losses in...

Oil prices fall more than 1% as Hurricane Rafael risk recedes

By Robert Harvey LONDON (Reuters) -Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the U.S. Gulf while investors also weighed up fresh

Gujarat to lead India’s growth story, aims to become USD 3.5 trillion economy by 2047: CM Bhupendra Patel

Ahmedabad (Gujarat) , November 8 (ANI): Gujarat Chief Minister Bhupendra Patel has said that his government is working towards taking state's economy to USD...

How to Trump-proof India’s trade policy: ‘Give US tariff concessions, block Chinese dumping’

Donald Trump has been vocal about India’s high import tariffs and has threatened retaliation. Simultaneously, his tough stand on China could see Chinese goods flood India.

Sensex, Nifty end this week lower; sustained FII outflows a concern

New Delhi , November 8 (ANI): Stock indices in India closed lower on Friday, extending losses from the previous session. The Sensex ended at...

Dollar set for slight weekly gain after US elections

By Stefano Rebaudo and Rae Wee (Reuters) -The U.S. dollar was on track for ending a volatile week with a slight gain, as markets weighed the impact of Donald Trump's return to the White House and what

On Camera

Dismiss debate on EC functioning as ‘hoo-haa’, then hail India as ‘robust democracy’

The Election Commission's arrogant functioning and its failure to ensure the integrity and fairness of elections could well be the undoing of India’s electoral democracy.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

President awards 1st set of Sarvottam Yudh Seva medals since Kargil, 7 honoured for leading Op Sindoor

This year, the Indian Air Force received four of the seven awards, followed by the Indian Army with two medals, and the Indian Navy with one. 

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.