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Economy

Dollar set for third weekly gain as ‘Trump trade’ gathers pace

By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) -The dollar headed for its third weekly gain in a row on Friday, helped by a dovish European Central Bank and strong U.S. data that is

Gold inches closer to Rs 80k-mark; silver at Rs 94,500/kg

New Delhi, Oct 18 (PTI) Gold hit a record high of Rs 79,900 per 10 gram on Friday in the national capital, rising by...

Interest rate cut at this stage could be premature, risky: RBI Guv Das

New Delhi, Oct 18 (PTI) Reserve Bank Governor Shaktikanta Das on Friday said that this stage would have been "premature" and "very very risky"...

Forex kitty drops USD 10.75 bln to USD 690.43 bln

Mumbai, Oct 18 (PTI) Declining for the second straight week, India's forex reserves dropped USD 10.746 billion to USD 690.43 billion for the...

Indian markets rebound from day’s low led by metals and banking stocks

Mumbai (Maharashtra) , October 18 (ANI): The stock market on Friday closed in the green, erasing the losses it made in the opening session.At...

Logistics firm WCIL wins Rs 41-cr contract from TSSIJ

Kolkata, Oct 18 (PTI) Leading logistics company Western Carriers (India) Ltd on Friday said it has secured a Rs 41-crore contract from Tata...

Sensex, Nifty snap 3-day slide on value buying in banking, metal shares

Mumbai, Oct 18 (PTI) Benchmark indices Sensex and Nifty bounced back on Friday after three days of fall, led by value buying in banking,...

India’s Oberoi Realty posts Q2 profit jump on strong demand for premium housing

(Reuters) - India's Oberoi Realty reported a jump in second-quarter profit boosted by sustained demand for its premium projects, including luxury homes and office spaces. The real-estate developer's

India’s steel ministry favours temporary tax to check imports, source says

By Neha Arora and Mayank Bhardwaj NEW DELHI (Reuters) - India's steel ministry favours a temporary tax to curb rising steel imports, a senior official with direct knowledge of the matter said, as it

RBI not police; maintains tight vigil on financial market and takes action when necessary: RBI Guv

New Delhi, Oct 18 (PTI) Reserve Bank Governor Shaktikanta Das on Friday said that the central bank does not act like a policeman,...

On Camera

6 reasons Trump’s Gaza plan won’t work—even if Hamas accepts it

On paper, the 21-point plan looks balanced—Palestinian governance, international oversight, reconstruction pledges. But in reality, it is a non-negotiable diktat.

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.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.