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Economy

Oil prices fall, on track for 8% weekly decline on China demand woes

By Georgina McCartney HOUSTON (Reuters) -Oil futures fell on Friday and were on track for a weekly drop of 8% after data showed China's economic growth slowed and refinery output shrank for the sixth

India’s Hindustan Zinc to pursue demerger, CEO says

By Sethuraman N R and Neha Arora (Reuters) -India's Hindustan Zinc is discussing the possibility of splitting the company into two units with the Indian government, which is opposed to the proposal,

US dollar falls as risk appetite rises after China; but set for 3rd weekly gain

By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The U.S. dollar fell on Friday, taking a breather after five straight days of gains, as risk appetite increased following yet

Tata Steel signs contract with Tenova for electric arc furnace at Port Talbot plant

(Reuters) - India's Tata Steel signed a contract with Italy-based Tenova on Friday for an electric arc furnace at its Port Talbot plant in Wales, weeks after Britain's biggest steelworks ended blast

Wall St fails to pick up China baton, gold hits all-time high

By Stephen Culp NEW YORK (Reuters) -U.S. stocks were mixed and crude prices were on track for their biggest weekly drop in a month as weak data and disappointing corporate earnings added to worries

“Unlocking potential for more prosperous India”: Gautam Adani on Adani Foundation donating Rs 100 crore for Skills varsity in Telangana

Hyderabad (Telangana) , October 18 (ANI): Adani Group Chairman Gautam Adani on Friday met Telangana Chief Minister A Revanth Reddy to handover a donation...

Rupee slips 1 paisa to 84.07 against US dollar

Mumbai, Oct 18 (PTI) The rupee traded on a flat note to settle just 1 paisa lower at 84.07 against the US dollar...

Rate cut at this stage will be premature and very very risky, says RBI Governor

New Delhi October 18 (ANI): The Reserve Bank of India's (RBI) Governor Shaktikanta Das on Friday said that interest rate cut at this...

India’s Hindustan Zinc in discussions with govt to split co, CEO says

By Sethuraman N R and Manvi Pant (Reuters) -India's Hindustan Zinc is discussing the possibility of splitting the company into two units with the Indian government, which is opposed to the proposal,

Adani Foundation donates Rs 100 crore to Telangana for its Young India Skills University

Hyderabad (Telangana) , October 18 (ANI): Adani Group through its CSR arm Adani Foundation has handed over a donation cheque of Rs 100 crore...

On Camera

Wintrack vs Chennai Customs has unleashed middle class anger. And BJP must worry

It’s hard to build a house, run a business, or do anything without paying bribes. And yet, citizens’ anger about this open, unchecked corruption won’t erupt into Anna Hazare-type rallies.

Nodal officers to fast-tracking NOCs, Kerala govt’s heeding investor concerns, and it means business

As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.

Army chief’s big warning to Pakistan: Stop sponsoring terrorism if you want to exist geographically

Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.

How Pakistan thinks: Army for hire, ideology of convenience

Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.