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Economy

British inflation data hurts pound, Dollar firm on Fed outlook, potential Trump win

(Refiles to add dropped FOREX tag, no changes to text) By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) - Sterling tumbled to its lowest in two months on Wednesday after softer than expected

Global fund managers pare India allocation in favour of China, BofA survey shows

By Nimesh Vora and Jaspreet Kalra MUMBAI (Reuters) - Global fund managers increased their allocation to China at India's expense after Asia's largest economy unleashed a stimulus package, according to

Industrial-warehousing space demand up 17% in first nine months of 2024: Colliers

Mumbai (Maharashtra) , October 16 (ANI): With increase in economic activities the demand for industrial and warehousing spaces during January to September this year...

Consultation process to consider all inputs, take calibrated view: TRAI Chief on satcom spectrum

New Delhi, Oct 16 (PTI) As battlelines are being drawn over the modalities of allocating satcom spectrum, TRAI Chairman Anil Kumar Lahoti on...

India extends operation of imported coal-based power plants: circular

NEW DELHI (Reuters) - India has extended the mandate for India's imported coal-based power plants to operate at full capacity until Dec. 31 in anticipation of higher power demand, according to a

India’s renewable energy to grow at twice the pace than overall energy growth by 2030: CRISIL

New Delhi , October 16 (ANI): India's renewable energy capacity is expected to grow at twice the rate of the country's overall energy capacity...

Dollar firms as investors weigh Fed outlook, potential Trump win

By Kevin Buckland TOKYO (Reuters) - The U.S. dollar hovered near two-month peaks versus major peers on Wednesday, supported by expectations the Federal Reserve will proceed with modest interest rate

Chip stocks drag Asian markets lower; China shares volatile

By Ankur Banerjee SINGAPORE (Reuters) -Asian equities fell on Wednesday after a disappointing outlook from Europe's biggest tech firm ASML dragged down chip stocks, while expectations that the Federal

Piyush Goyal emphasizes quality as key to India’s global competitiveness

New Delhi (India), October 16 (ANI): Union Commerce Minister Piyush Goyal on Wednesday stressed the need to manufacture high-quality products, saying without this approach...

Amid challenges from China, India to become exporter of solar modules by 2029: CRISIL

New Delhi , October 16 (ANI): India is set to become a significant player in the global solar module market by exporting solar modules...

On Camera

Postcards from Hyderabad—stories Europeans told about the city

For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?