scorecardresearch
Saturday, May 4, 2024
HomeEconomy

Economy

Stocks soothed by Fed signals, yen swings again

By Marc Jones LONDON (Reuters) - A sense of relief percolated through world markets on Thursday after the Federal Reserve shot down talk of pivoting back to interest rate hikes, while the yen

Air India’s Airbus A350 marks International debut

New Delhi , May 2 (ANI): Air India has launched flights on the Delhi-Dubai route with its new Airbus A350-900 aircraft according to a...

Adani Ports’ net profits jump 50% in 2023-24, registers threefold cargo growth

Ahmedabad (Gujarat) , May 2 (ANI): Adani Ports and Special Economic Zone on Thursday reported that its Profit After Tax or net profits during...

IIT Bombay develops technique to improve efficiency of robots

Mumbai (Maharashtra) , May 2 (ANI): A team at the Indian Institute of Technology Bombay (IIT Bombay) have developed a technique that improves the...

Oil prices rebound on hopes US will replenish strategic reserve

By Mohi Narayan and Yuka Obayashi NEW DELHI (Reuters) -Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world's biggest

India’s manufacturing growth momentum continues; future looks bright: HSBC

New Delhi , May 2 (ANI): India's manufacturing sector started April month on a strong note, showing the second-fastest pace of improvement in India's...

Yen weakens, paring sharp gains after suspected intervention

By Kevin Buckland TOKYO (Reuters) -The yen slid against the dollar on Thursday, reversing direction after a sudden surge overnight that traders and analysts were quick to attribute to intervention by

ArcelorMittal still expects 3-4% steel demand growth this year, excluding China

(Reuters) -ArcelorMittal, the world's second-largest steelmaker, on Thursday reiterated it expects global steel demand outside China to grow 3-4% this year as it reported first-quarter earnings ahead

NPCI International to support Namibia develop instant payment system like UPI

New Delhi , May 2 (ANI): NPCI International Payments (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an...

India’s April manufacturing PMI sees 2nd-best improvement in operating conditions in three-and-a-half years

New Delhi, May 2 (PTI) India's manufacturing sector activity moderated in April, but still recorded the second fastest improvement in operating conditions in...

On Camera

Stop targeting Galgotias University students. Focus on politicians instead

Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

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.