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Economy

Rs 40 trillion investment, 20 lakh jobs: What Naidu wants to achieve in 5 yrs with 6 industrial policies

Andhra Pradesh cabinet approved the policies in one go at Amaravati this week. The proposed incentives will attract industries back to the state, says CM Chandrababu Naidu.

Asia stocks cautious after mixed China data; dollar firm on Fed view

By Kevin Buckland TOKYO (Reuters) -Asian stocks traded cautiously on Friday after a mixed reading on the health of China's economy, while Japanese markets were buoyed by a weaker yen. The dollar

Govt reduces charges for TDS default from multiple rates of 2,3 and 5 pc to single rate of 1.5 pc

New Delhi , October 18 (ANI): The new guidelines by Central Board of Direct Taxes (CBDT) for the compounding of offences under the Income-tax...

China GDP gets little cheer, dollar rides ‘Trump trade’ toward third weekly rise

By Tom Westbrook SINGAPORE (Reuters) -The Australian dollar and Chinese yuan ticked higher on Friday after China's closely watched third-quarter growth figures came in slightly better than forecasts,

Cochin Shipyard offer for sale gets enthusiastic response from retail investors: DIPAM Secy

New Delhi , October 18 (ANI): The two-day Offer for Sale (OFS) by Cochin Shipyard Limited (CSL) to divest 5 per cent stake saw...

India’s IOC buys U.S. WTI crude for January delivery

SINGAPORE (Reuters) - Indian Oil Corp, the country's largest refiner, has bought 4 million barrels of U.S. West Texas Intermediate crude via a tender for January delivery, trade sources said on Friday

Dollar buoyant, equities cautious ahead of China data

By Kevin Buckland TOKYO (Reuters) - The dollar hovered close to an 11-week high versus major peers on Friday after robust U.S. economic data allowed for a more patient path of Federal Reserve easing.

Oil edges up, but on track for biggest weekly loss in over a month

By Florence Tan SINGAPORE (Reuters) - Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were headed for

Dollar rides ‘Trump trade’ toward third weekly rise

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

S&P 500, Nasdaq lose steam, Dow nabs closing record, gold hits all-time high

By Stephen Culp NEW YORK (Reuters) -The S&P 500 and the Nasdaq pared their gains to end essentially unchanged on Thursday, while the Dow notched a record closing high as investors parsed an array of

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.

Finnish giant ICEYE to build signature radar microsatellites in India, offers full control to govt

Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.

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.