The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...

The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...

Aussie Inflation Data Remains Mixed as Electricity Rebate Artificially Lowers CPI Australian inflation rose at an annual pace of 3.5% in July, down from 3.8% in June according to the Australian Bureau of Statistics. The data point was slightly above the 3.4% estimate and while it looks encouraging at face value, much of the drop was due to rebates for...

Japanese Yen (USD/JPY) Analysis BoJ encouraged to stick to the plan as inflation continues above targetJapanese CPI remains at 2.8% - the same as last month and beats estimate of 2.7%USD/JPY gains prove short-lived ahead of Powell’s address at Jackson Hole BoJ Encouraged to Stick to the Plan as Inflation Continues above Target The Japanese currency strengthened, with the Yen...

At the interbank forex market, the local unit opened strong at 75.10 against the greenback and later gained strength to settle at 74.88, higher by 47 paise over its previous close of 75.35. The local unit moved in a range of 74.83 to 75.13 in the day trade.

Nifty50 closed 0.8 percent lower at 18266.60 and Sensex ended down 0.7 percent at 61259.96, whereas the broader market witnessed heavy sell-off on Wednesday. Here are key stocks that moved the most today:

Aditya Narain, Head of Research-Institutional Equities, Edelweiss Securities, sees comfort in the banking and IT space. From a valuation perspective, banks have remained relatively modest, they haven't moved the way a lot of the other sectors have. As the economic cycle is looking better, the possibility of loan growth beginning to come through is much higher. Narain also believes that it is time to take some of the money off momentum stocks.

Speaking at the India Energy Forum by CERAWeek, Oil Minister Hardeep Singh Puri said there was a mismatch between demand for oil and the supplies producers such as OPEC+ were making and there was a case for raising the production.

”If you’re watching television, the TV screen will flash the warning message and there will be audio too. If you’re listening to a song on the radio, it will be cut short and the alert will be aired. This will be done very shortly,” the official said.

Huawei Technologies has teamed up with China's Shaanxi Coal Industry Co to pilot the intelligent coal mine technology in two places. Smart coal mine sensors monitor parameters like gas build-up, ventilation levels and flooding, and send an alert if any of these reach a dangerous level. Sustainability too has to be factored into the equation, going forward.

Erratic patterns of rainfall, heatwaves, storms, floods, and other consequences of climate change are threatening our genetically similar food crops. The way out is to introduce genetic diversity, but that's easier said than done.

Utimaco provides a Public Warning System (PWS) that sends alerts and warnings within seconds to every cell phone in an area affected by a catastrophic situation without the need for mobile numbers and irrespective of the congestion in the telecom network.

The Bihar Assembly polls later this year should be fought on local development issues and restraint over language must be maintained, Union minister and LJP leader Ram Vilas Paswan has said.

The letter was signed by leaders of the Congress, CPI, CPI-M, JDU, SS (UBT), RJD, DMK, JMM, AAP, IUML, VCK, Kerala Congress and others.

A bench headed by Chief Justice Ranjan Gogoi asked the Central Bureau of Investigation (CBI) to respond in two weeks.

CBI officials were reportedly asked to maintain adequate distancing and use masks during questioning with Lalu Yadav as he had recently undergone kidney surgery in Singapore.

08:44 AM EDT, 03/25/2024 (MT Newswires) -- McDonald's (MCD) has severed its relationship with its franchisee in Sri Lanka and closed all 12 of its restaurants on the island nation, multiple news outlets reported Sunday. Reuters quoted Sanath Wijewardane, a McDonald's attorney, as saying, The parent company decided to terminate the agreement with the franchisee. McDonald's did not immediately reply...

FRANKFURT, March 25 (Reuters) - Novo Nordisk said it plans to seek coverage by Germany's public health insurance scheme for the use of its Wegovy drug to cut the risk of strokes and heart attacks, if the drug's extended indication wins European approval. ...

08:44 AM EDT, 03/25/2024 (MT Newswires) -- Apple ( AAPL ) and other big tech companies are facing an investigation by the European Union's executive arm for potentially breaching its sweeping new digital competition law. The European Commission on Monday launched a probe into the iPhone maker, Facebook parent Meta Platforms ( META ) and Google ( GOOG ) parent...

March 25 (Reuters) - AbbVie ( ABBV ) said on Monday it would acquire drug developer Landos Biopharma ( LABP ) for up to $212 million as the Humira-maker aims to expand its pipeline of medicines to treat immune system-related illnesses. ...

The crypto industry has been focussing hard on making the business more environment friendly.

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy