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Economy

Oil set for weekly gain on signs of improving demand

By Shariq Khan NEW YORK (Reuters) - Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand

Dollar set for weekly drop on US slowdown signs

By Tom Westbrook SINGAPORE (Reuters) - The dollar headed for its largest weekly fall versus the euro in two-and-a-half months on Friday as signs of cooling inflation and a softening U.S. economy

Morning Bid: Markets upbeat ahead of China data dump

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets go into Friday's session looking to end a strong week on a positive note, and there appears to be no obvious

Oil up after US economic data strengthens rate cut expectations

By Laila Kearney NEW YORK (Reuters) -Crude prices edged up on Thursday after data showed a stabilizing U.S. job market, fueling expectations that the Federal Reserve could begin to cut interest rates

Dollar rebounds on high US import prices

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised concerns the Federal

Dow surpasses 40,000, world stocks hit record amid rate cut hopes

By Caroline Valetkevitch NEW YORK (Reuters) - The Dow Jones industrial average crossed the 40,000 level on Thursday for the first time and a world stock index scored a third straight record intraday

Kesoram chairperson Manjushree Khaitan dies

Kolkata, May 16 (PTI) The B K Birla Group on Thursday announced the death of Manjushree Khaitan, the chairperson of Kesoram Industries Limited.Khaitan,...

Dow surpasses 40,000, world stocks at record amid rate cut hopes

By Caroline Valetkevitch NEW YORK (Reuters) - The Dow Jones industrial average crossed the 40,000 level on Thursday for the first time and a world stock index scored a third straight record intraday

Gold eases as dollar gains, Fed rate cut bets lend support

By Rahul Paswan (Reuters) - Gold edged lower on Thursday as the dollar rebounded, although signs of cooling U.S. inflation cemented hopes for interest rate cuts from the Federal Reserve this year and

Oil prices rise after US economic data strengthens rate cut expectations

By Laila Kearney NEW YORK (Reuters) -Oil futures edged up on Thursday on a stabilizing U.S. job market and slower-than-expected inflation data, which increased expectations that the Federal Reserve

On Camera

Phase 5 is crunch time for BJP—UP will boost INDIA, Maharashtra will clear up real vs fake

Just like Phase 3, in this round too, the NDA stands to lose ground due to the sheer number of seats it had won the last time — 39 of the 49 seats, of which the BJP alone had won 32.

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?