The US dollar held steady on Friday but was on track to record a 2% decline in August against major peers, as markets increasingly bet on a Federal Reserve rate cut next month while concerns persist over threats to the central banks independence. The euro was unchanged at 1.1677 dollars, while the British pound slipped 0.2% to 1.3474 dollars. Both...

The euro slipped in European trading on Friday against a basket of global currencies, moving into negative territory versus the US dollar ahead of key inflation data from Germany and Spain, which are expected to provide new signals on the path of European interest rates for the remainder of the year. Over the course of August, however, the single currency...

Nuclear batteries are not a new invention, but they lost their place in commercial use back in the 1970s, when they were employed in pacemakers. These batteries were an ideal solution for such medical devices thanks to their long life, but were eventually discontinued due to government concerns about the spread of radioactive isotopes without proper tracking or retrieval. Today,...

The US dollar was little changed on Thursday as traders increased bets on a Federal Reserve rate cut next month, after New York Fed President John Williams suggested that a reduction was possible. The greenback came under renewed pressure from President Donald Trumps escalating push to exert greater influence over monetary policy decisions, amid his attempts to remove Fed board...

CNBC-TV18 had reported on Thursday siting sources that Alipay, a unit of Jack Ma's Alibaba is looking to sell 29.6 crore shares or 3.4% of the company's overall equity in a block deal.

The rally in the Tata Motors stock comes ahead of the listing of its arm Tata Technologies Ltd on the bourses. Last heard, shares of Tata Technologies were trading at a premium of ₹420 in the grey market, suggesting a likely listing at ₹920 over its issue price of ₹500.

JPmorgan has maintained an 'overweight' rating on Reliance with a target of Rs 2,810 per share, while UBS has maintained a 'neutral' rating on Simens with a target of Rs 3,750 per share.

The Gurugram-based fintech firm is working with DAM Capital Advisors and SBI Capital Markets for preparations of its listing. The company is aiming to file an initial prospectus as soon as next month and a share sale could happen in 2024.

Oct 31 (Reuters) - Amazon.com ( AMZN ) beat market estimates for quarterly revenue on Thursday, boosted by strong growth in its cloud services unit thanks to growing enterprise spend on AI. The company reported revenue of $158.9 billion in the third quarter ended September, compared with analysts' average estimate of $157.20 billion, according to LSEG data. ...

In today's rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating Advanced Micro Devices ( AMD ) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By analyzing important financial metrics, market position, and growth prospects, we...

Oct 30 (Reuters) - Monolithic Power Systems ( MPWR ) forecast fourth-quarter revenue above Wall Street estimates on Wednesday, but guided for a sequential drop in sales as weak end-market demand for EVs potentially hampers sales of its power control products and semiconductors used in vehicles, offsetting AI-linked benefits. Shares of the Kirkland, Washington-based company fell about 9% in trading...

Oct 30 (Reuters) - Cognizant Technology Solutions ( CTSH ) beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn to the IT services provider. The results signal a recovery in the business environment, with clients increasingly relying on the IT and consulting services offered by Cognizant to digitize their business operations....

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...

TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...

March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...

(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...

Elon Musk, who leads President Donald Trump’s Department of Government Efficiency (D.O.G.E.), has called out the U.S. Treasury for approving fraudulent payments and suggested blockchain as a solution. His remarks came in response to concerns about inefficiencies and mismanagement in the Scott Bessent-led department. Could Blockchain Solve Treasury Fraud? The controversy started when Musk took to X on February 2,...

TL;DR Some analysts see XRPs recent price plunge as a golden buying opportunity rather than a reason to panic. However, a massive 130 million XRP sell-off by whales raises questions about whether the correction is over or if more downside is ahead. Dont Let Fear Hold You Back As reported earlier today (February 3), the cryptocurrency market witnessed a substantial...

The Kimchi premium, a price difference where Bitcoin trades higher on South Korean exchanges, has surged to 12%, its highest level since 2022. Unlike previous spikes driven by strong buying demand, this rise appears linked to broader market instability and currency shifts. Bitcoin Price Down, Kimchi Premium Up Over the weekend, the crypto market experienced a massive downturn that wiped...

Reports have emerged that India will review its approach to crypto following Donald Trumps friendlier attitude to the sector. According to Reuters, Ajay Seth, Indias Economic Affairs Secretary, has said the government is revisiting its stance following changes in how other jurisdictions treat the asset class.  A Change In Approach In a Sunday interview with the publication, Seth is quoted...