Lamor

Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world's second-largest consumer, and forecasts of a global oil surplus weighed on markets. Brent crude futures gained 20 cents, or 0.3%, to $71.24 a barrel by 0130 GMT, while U.S. West … Read more

The dollar rose against the yen on Monday after Japan's top central banker flagged further policy tightening ahead but left open the question of timing, leaving the market no clearer on whether a move would come next month. Bank of Japan Governor Kazuo Ueda reiterated that interest rates would continue to rise gradually should the … Read more

 Indian shares are set for a muted start on Monday after the benchmark Nifty 50 slipped into correction territory last week on concerns over slowing earnings and foreign outflows, while the Federal Reserve Chair's indication of slower interest rate cuts also weighed on sentiment. The Gift Nifty futures were trading at 23,528.6 as of 08:20 … Read more

 The Indian rupee is expected to linger near its all-time low on Monday, wedged between positive cues on mild gains in its regional peers, while persistent foreign portfolio outflows keep a lid on the currency's upside. The 1-month non-deliverable forward indicated that the rupee will open near 84.40 against the U.S. dollar compared with 83.3950 … Read more

 Global stocks began the week on firmer footing ahead of a highly anticipated earnings release from Nvidia, while in Japan, a speech from its central bank's head left markets none the wiser on the country's rate outlook. Bank of Japan Governor Kazuo Ueda reiterated on Monday the central bank will keep raising interest rates if … Read more

Gold prices rose on Monday after last week's sharp declines, as a rally in the dollar paused, while market participants awaited comments from Federal Reserve officials this week for more clues on the U.S. interest rate path. Spot gold firmed 1% to $2,587.49 per ounce by 0150 GMT, after falling to its worst week in … Read more

Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events.  "Today, the growth of the Indian economy presents a picture of stability and strength," Das said while addressing an event at the launch of the Kochi International Foundation here. The … Read more

The volume of goods movement on the new dedicated freight corridors (DFCs) of Indian Railways has doubled in the current financial year compared to 2023-24 marking a quantum leap in the country’s logistics landscape.   According to data compiled by the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL), the net tonne kilometres (NTKMs) – … Read more

Calling for accountability in digital media to combat fake news and safeguard democracy, Union Electronics and IT Minister Ashwini Vaishnaw said on Saturday that internet platforms must come up with solutions that account for the impact their systems have on our society.   Speaking at an event by the Press Council of India (PCI) here … Read more