By Anushka Trivedi and Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to open higher against the dollar on Monday, extending a rally from the previous week, as market participants bet that the U.S. Federal Reserve will downshift to smaller-sized rate hikes. The rupee is tipped to open at around 80.65-80.70 per dollar, …
Rupee tipped to extend rally as Fed-pivot hopes boost Asia FX Read More »
By Dharamraj Dhutia MUMBAI (Reuters) – Indian government bond yields are expected to open marginally higher on Monday, as traders look to secure profit after the benchmark bond yield posted its biggest weekly drop in nine months in the previous week. However, the moves are likely to remain capped, going into domestic retail inflation data …
Bond yields seen inching up on profit taking; Oct inflation data key Read More »
(Reuters) – Twitter’s billionaire owner Elon Musk on Sunday said that Twitter will soon enable organizations to identify twitter accounts associated with them as the new Twitter owner continues to find ways to limit fake accounts on the platform. “Rolling out soon,” Musk in a tweet on Sunday said. “Twitter will enable organizations to identify …
Musk says Twitter to soon enable organizations to identify their associated accounts Read More »
(Reuters) -Twitter Blue will probably “come back end of next week”, billionaire owner Elon Musk said in a tweet on Saturday. Twitter on Friday paused its recently announced $8 blue check subscription service on Friday as fake accounts mushroomed. The coveted blue check mark was previously reserved for verified accounts of politicians, famous personalities, journalists …
Twitter Blue ‘probably’ coming back end of next week, Musk says Read More »
NEW DELHI (Reuters) – India’s retail price inflation is expected to fall below 7% in October from 7.41% in September, Reserve Bank of India Governor Shaktikanta Das said on Saturday. Inflation is a major challenge for India but the central bank and government have taken several measures to deal with it effectively over the last …
India’s Oct inflation seen falling below 7% – central bank chief Read More »
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – Global stocks rallied on Friday for a second day on hopes cooler U.S. inflation would lead to less aggressive interest rate hikes by the Federal Reserve, an outlook that pushed the dollar to its biggest two-day drop in 13 years. Crypto exchange FTX filed for …
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar fell across the board for a second straight day on Friday, as investors favoured riskier currencies following signs U.S. inflation is cooling that boosted the case for the Federal Reserve to ease off its hefty interest rate hikes. Friday’s dollar weakness was an extension of …
By Brijesh Patel (Reuters) – Gold prices extended gains to a near three-month high on Friday and were heading for their best week in over 2-1/2 years, as signs of cooling U.S. inflation bolstered bets that the Federal Reserve would be less hawkish on rate hikes going forward. Spot gold gained 0.7% to $1,766.39 per …
Gold races for best week since March 2020 on Fed slowdown hopes Read More »
By Sam Tobin LONDON (Reuters) -India’s billionaire Hinduja family has agreed a worldwide truce in a long legal feud over the future of its global business empire, a London court ruling published on Friday showed. The Court of Appeal in London largely rejected an appeal over restrictions on reporting the dispute, which was contested in …
India’s billionaire Hinduja family truce revealed by London court Read More »
By Nidhi Verma NEW DELHI (Reuters) – India’s Nayara Energy, part owned by Russian oil major Rosneft, reported a nearly 50% fall in its September quarter profit from the previous three months, hit by an export tax on refined fuels and weak margins. Nayara posted a net profit of 17.9 billion rupees ($222.4 million) in …
Russia-backed Indian refiner Nayara Energy’s quarterly profit halves Read More »
