Dollar eases in thin Black Friday trading on bets rates have peaked
By Joice Alves and Ankur Banerjee LONDON/SINGAPORE (Reuters) - The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged higher after Japan's core consumer Key Points
ThePrintDollar slides in thin Black Friday trading on bets rates have peaked
By Ankur Banerjee and Joice Alves SINGAPORE/LONDON (Reuters) -The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged higher after Japan's core consumer Key Points
ThePrintAugust cheer: Numbers show economy on firm ground
India's goods and services tax (GST) increased by 11% in August to ₹1.59 lakh crore, maintaining strong growth. Other high-frequency indicators for August, including the S&P Global India Manufacturing Purchasing Managers' Index (PMI) and car sales, also showed positive signs for the economy. The demand for aviation turbine fuel (ATF) rose by 9.5% year-on-year, and the Unified Payments Interface (UPI) crossed 10 billion transactions for the first time in August. Key Points
Economic TimesWall Street quiet ahead of another inflation report
International Business News: Futures for the Dow were mostly unchanged and futures for the S&P 500 inched up 0.1% before the bell on Thursday. The previous day's report showed tha Key Points
Times Of IndiaDollar trims gains vs euro after U.S. inflation data
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar pared gains against the euro on Friday after U.S. data showed personal consumption expenditure growth slowed in February, supporting hopes of a Key Points
ThePrint
Zomato’s Deepinder Goyal buys land in Delhi’s Mehrauli for ₹50 crore
Goyal has paid a stamp duty of ₹3.50 crore on the deal, the documents accessed by CRE Matrix showed. Key Points
Hindustan TimesOil jumps as US, UK strike on Houthis sparks safe-haven push
By Amanda Cooper LONDON (Reuters) -Global shares edged up on Friday while oil surged as the conflict in the Red Sea region appeared to escalate, while slightly hotter U.S. inflation data did not shift Key Points
ThePrintThe Boeing 737 Max Crisis Reignites Arguments Over Infant Safety on Planes
A midair blowout on a Boeing 737 Max 9 showed seatbelts matter, but infants under two still aren’t required to have their own seats. Experts say changing the rules would make flying safer for children—but would result in more deaths. Key Points
WIREDUS dollar up slightly after GDP data; euro falls after ECB, Lagarde comments
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar edged higher on Thursday after data showed the world's largest economy grew at a faster pace than expected in the fourth quarter, Key Points
ThePrintEaseMyTrip co-founder buys property in Gurgaon worth ₹100 crore
The total land area of the Gurgaon plot is 43,594 sq. ft and the total built-up area is 1,00,429 sq. ft, the registration documents showed Key Points
Hindustan Times/cloudfront-us-east-2.images.arcpublishing.com/reuters/JFXSJR7GGJLJBA3CZ7TUMLRCWE.jpg)
India's October infrastructure output up 12.1% on year
India's infrastructure output rose 12.1% year-on-year in October with growth across all sectors, government data showed on Thursday. Key Points
ReutersDollar higher as US business activity ticks up in October
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar climbed against a basket of currencies on Tuesday as a slew of fresh economic data highlighted the strength of the U.S. economy relative to the Key Points
ThePrintLow-paying jobs fare better amid muted employment creation in May
The National Pension Scheme also saw a decline in new subscribers, with monthly additions falling 14.6% to 57,695 in May compared with 67,534 in April. However, net additions to the EPF were higher in June as the people exiting EPF were down by almost half, as per provisional data. Key Points
Economic TimesRBI buys $7.37 bn in spot forex market in May- Bulletin
The Reserve Bank of India (RBI) bought $7.37 billion in the spot foreign exchange market in May, showed data released on Monday as part of the central bank's monthly bulletin. The RBI did not sell any dollars in the reported month, the data showed. In April, the central bank had bought a net of $7.70 billion in the spot market. Key Points
Economic TimesIndia central bank buys $7.37 bln in spot forex market in May
The Reserve Bank of India (RBI) bought $7.37 billion in the spot foreign exchange market in May, showed data released on Monday as part of the central bank's monthly bulletin. Key Points
Reuters
India's manufacturing PMI hits 31-month high, as factory orders surge on robust demand conditions
Manufacturing sector in India continues to grow from strength to strength as data showed that factory output expanded at the quickest pace in the last 31 months on strong demand and output. The Manufacturing Purchasing Managers' Index, compiled by S&P Global, rose to over a 2-1/2 year high of 58.7 in May from April's 57.2. Key Points
Economic TimesIndia's manufacturing PMI slips to lowest level in four months
India's manufacturing sector expanded at the slowest pace in four months in February amid rising borrowing costs & weakness in the sector, a private survey showed on Wednesday. However, the sector remained relatively strong amid buoyant domestic demand, despite higher inflationary pressures. It was well above the 50-mark separating expansion from contraction for a 20th straight month. Key Points
Economic TimesUS dollar holds losses after inflation data
International Business News: The US dollar held losses on Friday, after data showed inflation rose modestly in December but was trending lower. The Federal Reserve is expected to cut interest rates based on the trend of lower inflation. Find out more about the latest inflation data and its impact on the US dollar. Key Points
Times Of IndiaOil jumps over 2% on US economic activity, Red Sea tensions
By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Thursday to highest since early December after U.S. economic data showed faster-than-expected growth in the last quarter and as tensions in the Red Key Points
ThePrintOil rises nearly 2% on US economic activity, Red Sea tensions
By Nicole Jao NEW YORK (Reuters) - Oil prices rose on Thursday after U.S. economic data showed faster-than-expected growth in the last quarter and as tensions in the Red Sea continued to disrupt Key Points
ThePrint
India records 166 fresh cases of COVID-19, active cases tally now at 895
The country's COVID-19 case tally stands at 4,50,03,055 (4.50 crore) and the death toll at 5,33,306 (5.33 lakh), the data updated at 8 am showed. Key Points
ThePrintSeven killed, 90 wounded in Russian missile strike on Ukrainian city of Chernihiv
A rocket strike in the city of Chernihiv, northern Ukraine killed seven people, including a 6-year-old and wounded 90 others. President Volodymyr Zelenskiy called the day of the strike, “An ordinary Saturday, which Russia turned into a day of pain and loss”. A video accompanying Zelenskiy's post showed debris scattered, damaged parked cars and a body inside a car. Russia has continued to attack Ukrainian cities with missiles and drones outside the front line since last year. In another development, the Ukrainian military said it shot down 15 out of 17 Iranian made Shahed drones launched by Moscow in an overnight strike. Key Points
Economic TimesIndia's industrial output rose 3.7% in June
India's industrial output (INIP=ECI) rose 3.7% year-on-year in June, data from the Ministry of Statistics showed on Friday. Key Points
ReutersIndia's manufacturing PMI at 4-month high in April on output & new orders' growth
India's factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders and output, a private survey showed on Monday, signaling resilient demand and an encouraging outlook. The survey results suggest India will continue to be one of the fastest-growing major economies despite slowing global growth that has undermined momentum across several other countries. Key Points
Economic TimesStocks decline and dollar rebounds as Fed readies rate cuts
By Lawrence Delevingne (Reuters) -Stocks fell and the dollar gained on Thursday as traders digested fresh economic data and awaited confirmation from the U.S. Federal Reserve on Friday that it will Key Points
ThePrint
Japan's economy slips into recession, raises BOJ policy uncertainty
Japan's economy slipped into recession on weak domestic demand, raising uncertainty about the central bank's plans. Japan lost its title as the world's third-largest economy. BOJ may sharply downgrade GDP forecasts. Takuji Aida expects further contraction. Reuters poll suggests April for ending negative rates. Marcel Thieliant predicts sluggish growth at BOJ's upcoming meeting in March. Key Points
Economic TimesEuro profits from better euro zone data; U.S. market shut
By Amanda Cooper LONDON (Reuters) -The euro edged up on Thursday after data suggested the downturn in the euro zone economy may be starting to ease, although holidays in the U.S. and Japan kept Key Points
ThePrintKing Charles unable to reduce royal family's expenses? He is turning down…
Accounts showed that the royal household spent £2.7million on gas and electricity over the past year. | World News Key Points
Hindustan TimesDollar slips on profit taking but upbeat outlook remains
By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar slipped broadly on Friday as traders booked profits after recent gains but the U.S. currency remained well-placed for further advances, supported Key Points
ThePrintUS dollar poised for biggest weekly gain since mid-January; yen falls ahead of BOJ
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose to a more than one-week high on Friday after a mixed batch of data showed the U.S. economy remained stable with small pockets of Key Points
ThePrintDollar holds ground ahead of key U.S. inflation data
By Iain Withers LONDON (Reuters) - The U.S. dollar held steady versus major currencies on Friday ahead of key inflation data later in the day, as traders weighed how the U.S. economy's faster than Key Points
ThePrintIndian e-tailer Firstcry's parent files to go public
BENGALURU (Reuters) - Indian online retailer Firstcry filed for an initial public offering on Thursday, its draft papers showed. Firstcry's parent Brainbees Solutions will sell shares worth 18.16 Key Points
ThePrintIndia's manufacturing growth slows for 2nd straight month, PMI data shows
India's manufacturing growth slowed for the second consecutive month in October, with the S&P Global Manufacturing Purchasing Managers' Index dropping to an eight-month low of 55.5 from 57.5 in September. Consumer goods and international demand declined, impacting business confidence due to rising costs and concerns about future inflation, data showed. Key Points
Economic TimesIndia's August industrial output rises at fastest pace in more than a year
India's industrial output (INIP=ECI) in August grew at the fastest pace in more than a year on the back of strong manufacturing, electricity and mining activity, data from the Ministry of Statistics showed on Thursday. Key Points
ReutersApple CEO Tim Cook makes $41 mln from biggest stock sale in two years
Apple (AAPL.O) Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed. Key Points
Reuters
India manufacturing activity eases for 2nd straight month on moderation in output
Growth in India's manufacturing activity eased in July for a second month, with some moderation in output and new orders, although the pace of expansion remained healthy. The Manufacturing Purchasing Managers' Index, compiled by S&P Global, dipped to 57.7 last month from June's 57.8 but was slightly higher than the Reuters poll expectation for 57.0. Key Points
Economic TimesGovt bond yields hit 3-week high at 7.16% on US rate concerns
Yield on the 10-year benchmark bond settled at 7.16% on Friday, four basis points higher than its previous close and the highest closing level since July 7, Bloomberg data showed. Bond prices and yields move inversely. One basis point is 0.01 percentage point. Key Points
Economic TimesCredit Suisse saw record fund outflows during March turmoil, data shows
Credit Suisse saw investors pull a record 4.6 billion euros ($5.04 billion) out of its funds at the height of the bank's troubles last month, data published on Friday showed. Key Points
ReutersSenator calls for investigation after Reuters facial recognition report
U.S. Senator Ron Wyden called for an investigation after a Reuters report showed how Russian authorities are using U.S. technology to curb dissent. Key Points
The HinduIndia's Russian oil imports edged up in February from January
India's import of Russian oil in February increased slightly compared to January, following a trend of fluctuating imports due to geopolitical events. Despite challenges such as payment issues and sanctions, Indian refiners received shipments of Russian oil, making up a significant portion of the country's overall oil imports. Key Points
Economic TimesDollar dips, data stays in focus for Fed clues
By Karen Brettell NEW YORK (Reuters) - The dollar index dipped on Thursday but came off of a three-week low as investors waited on new data catalysts for clues on when the U.S. Federal Reserve is Key Points
ThePrintDollar edges down after US jobs data; pound firm after UK election
By Caroline Valetkevitch NEW YORK (Reuters) - The U.S. dollar index fell slightly on Friday after data showed U.S. job growth slowed marginally in June while the unemployment rate rose, underscoring Key Points
ThePrintRIL drags sensex down a day after rally, index dives 802 points
Dalal Street investors failed on the solid gains of Monday as heavy selling by foreign funds pulled the sensex down by 802 points, or 1.1% on Tuesday to close at 71,140. Reliance Industries - which had gained nearly 7% in the previous session - along with ITC and Bajaj Finance contributed the most to the index's loss for the day, data on BSE showed. Key Points
Times Of IndiaOil jumps, settles up 3% on strong US economy, Red Sea tensions
By Nicole Jao NEW YORK (Reuters) - Oil prices gained about 3% on Thursday to settle at their highest since December after U.S. economic data showed faster-than-expected growth in the last quarter and Key Points
ThePrintChina landslide: Death toll rises to 39, five people still missing
Aerial photos posted by Xinhua showed the side of a heavily terraced mountain had spilled over several village homes. More than 900 villagers were relocated. | World News Key Points
Hindustan TimesAsia stocks rally ahead of US CPI, Nikkei breaches 35,000
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks rose on Thursday ahead of U.S. inflation data that could influence the Federal Reserve's thinking on rate cuts, while the crypto world got a boost Key Points
ThePrintStocks edge up, dollar falls as US inflation moderates
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes mostly rose while the U.S. dollar hit a near five-month low on Friday after data showed that annual U.S. inflation slowed further Key Points
ThePrintStocks climb, dollar falls as US inflation moderates
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock markets rose while the U.S. dollar hit a near five-month low on Friday after data showed that annual U.S. inflation slowed further below 3% in Key Points
ThePrint