The US dollar declined on Friday as investors monitored global trade prospects and digested the manufacturing data. The seasonally adjusted IHS Markit Flash US Manufacturing Purchasing Managers' Index (PMI) registered 50.6 in May, down from 52.6 in April, marking the lowest ...
US stocks closed higher on Friday, regaining some of the ground it lost in a rout in the previous session, as Wall Street reignited hopes for de-escalation of global trade tensions. The Dow Jones Industrial Average rose 95.22 points, or 0.37 per cent, to ...
A section of farmers in West Bengal's Singur, which had witnessed a violent anti-land acquisition stir over a decade back, staged a protest demonstration on Friday demanding industries be set up on their land which still lies barren. The farmers' protest took place a day after the BJP won the Hooghly Lok Sabha ...
India's foreign exchange reserves declined by $2.057 billion during the week ended May 17, official data showed on Friday. According to the Reserve Bank of India's weekly statistical supplement, the overall forex reserves decreased to $417.998 billion from $420.055 billion ...
Officials of the US Federal Aviation Administration (FAA) met aviation regulators from over 30 countries over the safety of the grounded Boeing 737 MAX jets....
Continuing its focus on the stressed agriculture sector in the upcoming full Budget in July, the Finance Ministry is likely to increase allocation by a minimum 30 per cent over the interim Budget figures, as well as announce a flagship farmers' scheme, official sources said on Friday....
The government has put top consultancy firm EY to work for divesting its stake in flag carrier Air India and "quickly" issue expression of interest (EoI). "EY continues to be the transaction advisor for the sale of Air India. We have been directed to close the accounts for FY 2018-19 and provide updated data for...
With the ruling National Democratic Alliance (NDA) returning to power at the Centre, mid-cap and small-cap companies are likely to be the more attractive options for investors in terms of value, a market analyst report said on Friday. Mid-cap is the term given to firms with medium-sized market capitalisation....
US President Donald Trump has raised the possibility of easing restrictions on Huawei as part of a broader trade deal with Beijing, despite labelling the Chinese telecommunications giant "very dangerous". The comments on Thursday, which appear to run counter to Washington's hardline ...
The first 220 MW nuclear power plant at Kakrapar Atomic Power Station (KAPS-1) in Surat in Gujarat was synchronised with the grid on Friday, said the Nuclear Power Corporation of India (NPCIL). An official said the power generation levels will be gradually increased....
