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Economy

Bonds slide, Asia stocks down as US election looms

By Tom Westbrook SINGAPORE (Reuters) - Asian stocks turned lower on Tuesday while bond yields and the dollar hit multi-month highs and gold traded near record peaks as investors hunkered down ahead of

Dollar hovers at August high on US rates view, election

By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar clung to a 2-1/2-month high on Tuesday on expectations the Federal Reserve will take a measured approach to interest rate cuts, while a close

Adani Group to acquire CK Birla group firm Orient Cement at Rs 8,100 cr valuation

New Delhi, Oct 22 (PTI) Billionaire Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at...

Indian shares reverse course as profit booking continues

By Bharath Rajeswaran and Hritam Mukherjee (Reuters) -Indian shares reversed course after gaining in early trade on Tuesday, weighed down by dull earnings and sustained foreign selling, while the

Hyundai Motor India shares fall 3 pc after lackluster stock market debut

Mumbai (Maharashtra) , October 22 (ANI): Hyundai Motor India Limited (HMIL) experienced a disappointing debut on the stock market on Tuesday, with shares listing...

India well poised to take advantage of global transition: FM Sitharaman at Columbia University

New York , October 22 (ANI): The future of global economic growth will be shaped by strategic partnerships rather than traditional multilateral trade, and...

Oil prices dip as geopolitical risks stabilise, China demand weighs

By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE (Reuters) -Oil prices eased on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing demand growth in

India to contribute and determine shape and direction of global recovery: Nirmala Sitharaman

New York , October 22 (ANI): During a round-table on 'Investment Opportunities in India' at the New York Stock Exchange (NYSE) Finance Minister Nirmala...

Stock market opens flat amid weak global sentiment; Mixed performance among nifty companies

Mumbai (Maharashtra) , October 22 (ANI): The stock market opened on a subdued note on Tuesday, reflecting weak global sentiment and carrying forward the...

Innovators from 15 countries to participate in INEX 2024 next month

Panaji, Oct 22 (PTI) Around 150 innovators from more than 15 countries are expected to participate in the annual India International Innovation and...

On Camera

I’ve been driving an EV for 2 years—Indian roads are ready to switch to electric

Driving an electric vehicle for months, the Hyundai IONIQ5, BMW iX and now the Kia Carens Clavis electric, has convinced me of the viability of EVs for city and mid-range commutes.

Rupee’s turmoil has echoes of 2013

With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.