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Tuesday, May 7, 2024
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Economy

Gold gains as bond yields tick lower, traders await more US data

By Brijesh Patel (Reuters) - Gold prices edged higher on Thursday, as a slight pullback in Treasury yields offered some respite from a robust dollar, while investors looked forward to more U.S.

J&K Bank shares hit highest level in 8 years

Srinagar, Sep 7 (PTI) Shares of Jammu and Kashmir Bank on Thursday hit the highest level in the last eight years, gaining over...

Higher-for-longer rate bets lift dollar, sap stocks

By Marc Jones LONDON (Reuters) - World stocks slid for a third straight day on Thursday with Europe facing its worst run in five years, as new signs of sustained inflationary pressures and rising

Oil falls as concerns about China outweigh extended cuts

By Ahmad Ghaddar LONDON (Reuters) - Oil prices eased on Thursday as an uncertain economic outlook for China outweighed expectations of tighter supplies from extended supply cuts in Saudi Arabia and

Dollar rises on robust U.S. economy, yuan sinks to 16-year low

By Joice Alves LONDON (Reuters) - The dollar edged up after pushing the yen to a 10-month trough on Thursday and kept the euro and sterling pinned near three-month lows, as investors placed their

Stock markets extend gains for fifth day; Sensex revisits 66K

Mumbai, Sep 7 (PTI) Equity benchmark Sensex climbed over 385 points to reclaim the 66,000 mark on Thursday, propelled by robust buying in index...

Atlas Copco’s new factory at Pune to double output

Singapore, Sep 7 (PTI) Atlas Copco is in the midst of building a new factory at Pune to manufacture gas and process (GAP) products...

Gold falls Rs 150; silver tumbles Rs 700

New Delhi, Sep 7 (PTI) Gold prices fell Rs 150 to Rs 60,050 per 10 grams in the national capital on Thursday amid...

Stock market bounces back, Sensex and Nifty surge on closing bell

Mumbai (Maharashtra) , September 7 (ANI): After a sluggish start on Thursday, the stock market witnessed a spirited recovery as it surged during the...

Dollar climbs, stocks struggle on higher-for-longer rate bets

By Marc Jones LONDON (Reuters) - World stocks slid for a third straight day on Thursday and were choppy in Europe, as new signs of sustained inflationary pressures in the United States and rising

On Camera

AI is doing the brave work humans are still squeamish about—using they/them pronouns

The hullaballoo over LinkedIn bot’s pronoun use comes on a day when CJI DY Chandrachud used the phrase ‘pregnant person’ in his judgment. It is a thing now. Get with the programme.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

Indian Coast Guard seizes Iranian fishing vessel, rescues six Indian crew members

The ICG said in a statement that the boat was seized and brought to Kochi for further investigation on May 6.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.