Tepid economic data weighs on equities; yen sinks to fresh lows
ThePrint » Economy
by Reuters
5h ago
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) - Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech ..read more
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Oil eases on US fuel demand concerns
ThePrint » Economy
by Reuters
5h ago
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of retreating fuel demand in the United States. Brent ..read more
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No fresh cases of ETO reported after Dec 2020 by EU for Indian export of organic products: Official
ThePrint » Economy
by PTI
5h ago
New Delhi, Apr 25 (PTI) No fresh cases of ethylene oxide (ETO) — a cancer-causing pesticide — were reported after December 2020 by the European Union for Indian export of organic products, an official said on Thursday. Agricultural & Processed Food Products Export Development Authority (APEDA), an arm of the commerce ministry, has taken a ..read more
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Rupee rises 5 paise to settle at 83.28 against US dollar
ThePrint » Economy
by PTI
5h ago
Mumbai, Apr 25 (PTI) The rupee appreciated 5 paise to close at 83.28 against the US dollar on Thursday on the back of positive domestic equities and a weak American currency against major overseas rivals. Forex traders said foreign capital outflows also weighed on the domestic currency. At the interbank foreign exchange market, the local ..read more
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RBI cautions public against using unauthorised prepaid payment entities
ThePrint » Economy
by ANI
5h ago
New Delhi [India], April 25 (ANI): The Reserve Bank of India (RBI) has urged the public to exercise utmost caution while using websites or applications, and parting with their money to any such unauthorized entity. Through a release on Thursday, the central bank asked the public to verify and satisfy themselves that the website or ..read more
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US economy grew at rate less than expected in first quarter
ThePrint » Economy
by ANI
5h ago
Washington [US], April 25 (ANI): The US grew at an annual rate of 1.6 percent in the first quarter of 2024, according to the advance estimate released by the country’s Bureau of Economic Analysis. In the fourth quarter of 2023, real GDP increased 3.4 percent. The GDP estimate released today is subject to further revision ..read more
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CBDT extends due date for filing Form 10A/10AB
ThePrint » Economy
by ANI
5h ago
New Delhi [India], April 25 (ANI): The Central Board of Direct Taxes (CBDT) further extended the due date for filing Form 10A/ Form 10AB under the Income-tax Act, 1961 up to June 30, 2024. CBDT had earlier extended the due date for filing Form 10A/ Form 10AB by trusts, institutions, and funds multiple times to ..read more
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US dollar briefly falls vs yen after GDP data
ThePrint » Economy
by Reuters
5h ago
By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) - The U.S. dollar gained on Thursday after a hotter-than-expected inflation reading for the first quarter, affirming ..read more
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Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
ThePrint » Economy
by Reuters
5h ago
By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) - The U.S. dollar gained on Thursday after a hotter-than-expected inflation reading for the first quarter, affirming ..read more
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Stocks struggle after Meta moodswings, tepid US GDP
ThePrint » Economy
by Reuters
5h ago
By Marc Jones LONDON (Reuters) - Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, while FX markets ..read more
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