By Chris Thomas BENGALURU (Reuters) -Indian shares slipped on Tuesday after three straight sessions of gains, while the rupee fell to a record low, as oil prices rebounded after last week’s rout and fanned inflation worries. The NSE Nifty 50 index dropped 0.65% to 15,728.8, as of 0449 GMT, and the S&P BSE Sensex slipped …
Indian shares fall, rupee hits record low as oil prices rebound Read More »
By Ashitha Shivaprasad (Reuters) – Gold prices edged lower on Monday as higher rates weighed on bullion, while investors watched for any cues on policy moves at the European Central Bank’s forum in Portugal. Spot gold fell 0.1% to $1,823.89 per ounce by 2:47 p.m. ET (1847 GMT). U.S. gold futures settled down 0.3% at …
Gold edges lower, fall capped by weaker dollar and recession fears Read More »
BENGALURU (Reuters) -Indian shares joined a rally in global stock markets to close at a more than two-week high on Monday, led by technology and metal stocks, as easing oil prices tempered inflation fears. The NSE Nifty 50 index rose 0.85% to 15,832.05, and the S&P BSE Sensex climbed 0.82% to 53,161.28, with both the …
India shares close at over 2-week high as tech, metal stocks gain Read More »
By Rajendra Jadhav, Maximilian Heath and Nigel Hunt MUMBAI/BUENOS AIRES/LONDON (Reuters) – It only took 24 hours last month for Prime Minister Narendra Modi’s government in India – the world’s second-largest producer of wheat – to shelve its plans to “feed the world”. In April, Modi had said publicly that the world’s most populous democracy …
Analysis-Food export bans, from India to Argentina, risk fueling inflation Read More »
By Sarah El Safty CAIRO (Reuters) -Egypt has contracted to buy 180,000 tonnes of wheat from India, less than previously agreed, but is looking at ways to extract more flour from grain and even use potatoes in bread making as it tries to trim imports, the supply minister said on Sunday. Egypt, one of the …
Egypt to buy 180,000 tonnes of Indian wheat – supply minister Read More »
(Reuters) – Egypt has contracted to buy 180,000 tonnes of wheat from India, Supply Minister Aly Moselhy said in a news conference on Sunday. Shipment will happen once the cargo “reaches the ports” in India, Moselhy added. (Reporting by Sarah El safaty, Writing by Nayera Abdallah; Editing by Toby Chopra)
By Pamela Barbaglia and Anirban Sen LONDON/NEW YORK (Reuters) – Global dealmaking is entering an arid season as raging inflation and a stock market rout curb the appetite of many corporate boards to expand through acquisitions. Russia’s invasion of Ukraine in February and fears that an economic recession is looming dealt a blow to merger …
Global M&A braces for dry spell as boardrooms put expansion on hold Read More »
NEW DELHI (Reuters) – India will introduce a safety rating system for passenger cars – a measure it hopes will encourage manufacturers to provide advanced safety features and will boost the “export worthiness” of vehicles produced in the country. The road transport ministry said in a statement it will assign a rating of one to …
India plans safety rating system for passenger cars Read More »
(Reuters) -Dubai’s Emaar Properties is aware of a media report that its Group Chief Executive Amit Jain has been detained in India, a spokesperson for the company said on Saturday. “Emaar is aware of reports regarding the Group CEO Amit Jain, over an issue relating to the company’s work in India. The issue has now …
Dubai’s Emaar says it’s aware of report CEO detained in India Read More »
By Ashitha Shivaprasad (Reuters) – Gold edged up on Friday as the dollar retreated and recession fears buoyed its safe-haven appeal, but looming interest rates hikes set the non-yielding asset on course for a weekly dip. Spot gold rose 0.4% to $1,830.22 per ounce by 2:20 p.m. ET (1820 GMT), after earlier touching a one-week …
Gold edges higher as dollar slips, rate hike fears linger Read More »
