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dollar index hit its highest level in six months on Thursday, as economic data was mostly stronger than anticipated and the European Central Bank (ECB) signaled it was finished with its rate hike cycle. U.S. retail sales increased by 0.6% in August, more than the expected 0.2% rise, boosted by higher gasoline prices while weekly initial jobless claims rose to 220,000 but were below the 225,000 forecast. Rising gasoline prices also affected the latest inflation data, as the producer price index for final demand rose by 0.7% last month, the most in more than a year, and higher than the 0.4% estimate. The dollar index was last up 0.5% at 105.18, just off the 105.31 level hit earlier in the day, its highest since March 10. The euro slumped against the dollar after ECB raised its key interest rate to a record high of 4% on Thursday but indicated this was likely to be its final move in a more than year-long fight against inflation as the euro zone economy continues to stagger.

Sarma on Thursday said he was willing to accept any punishment, including retirement from public life, if there is any evidence that his wife has received or claimed any amount from the government of India. Congress party has alleged that Sarma's wife firm got Rs 10 Crore subsidy from the government of India. Riniki Bhuyan Sarma, wife of Assam chief minister who is chairperson and Managing Director of Pride East Entertainments Private Limited has announced to file Rs 10 Crore defamation case against Congress MP Gaurav Gogoi. The Opposition parties had earlier said that a firm run by Sarma's wife allegedly received Rs 10 Crore under a subsidy scheme. Sarma stated in X, “The reply itself clarifies the fact that the Government of India has not released any funds to the mentioned company.

Election Commission has called rival factions of the Nationalist Congress Party (NCP) for a personal hearing on October 6, sources said on Thursday.

Nifty scaled fresh record-high peaks on positive macroeconomic data. The domestic institutional investors (DIIs) were net sellers and offloaded ₹50 crore in Indian stocks today.

₹8,000 crore in the 2G (second generation) ethanol space. The consolidated investment would be made by Oil India along with its subsidiary Numaligarh Refinery Ltd (NRL). The latter would set up the plant.

Juspay, India's leading payments company, has partnered with Yes Bank to launch HyperUPI, NPCI's plug-in SDK that enables in-app UPI payments in merchant apps. Merchants can now offer simple “1-click UPI experiences" in their Android and iOS apps without having to become an official UPI app.

Shoppers stepped up their buying modestly as inflation on many items eased, but they still face a host of economic challenges over the next few months

dog-fox hybrid, affectionately termed the 'dogxim,' has been unveiled in Brazil, marking a remarkable moment in the annals of zoology.

Investing.com — Oil prices climbed to the year’s highest levels as expectations of growing supply tightness overshadowed concerns over weaker economic growth and rising U.S. inventories.

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KARACHI (Reuters) -Pakistan's central bank kept its key interest rate unchanged at 22% on Thursday, surprising analysts who had been expecting it to try to tame inflation and support the rupee with an increase of at least 150 basis points.

Against a backdrop of shrinking gas rigs, output squeezes from operational disruptions, and an Australian labor strike that just refuses to end, ​​natural gas prices have only moved 8.5% over the past week — remarkably little, considering the circumstances.

Investing.com — The European Central Bank has hiked interest rates to a record high as policymakers look to address elevated inflation in the eurozone despite signals that the region's economy is weakening.

By Francesco Canepa and Balazs Koranyi

Spain has recorded its third hottest summer since official records began 62 years ago

Longtime Starbucks leader Howard Schultz is stepping down from the company’s board of directors

Deutsche Bank in June signalled its intention to push into the crypto sector when it applied for regulatory approval to operate a custody service for digital assets, including cryptocurrencies.

₹17,000 crore in the pipeline. Institutional positioning has remained net positive throughout FY24. Foreign portfolio investors (FPIs), although net sellers in September, have been net buyers to the tune of ₹1.58 trillion since April 2023.

Rising diesel prices are inflating the bills Brett McMahon is getting from the companies that truck in the plywood, rebar and other supplies his concrete-contracting business needs. Asking his clients to renegotiate contracts to ease that pain, he said, has been “hit or miss." “In the private construction world, you’re not going to get a terribly sympathetic ear for that," said McMahon, chief executive of Bethesda, Md.-based Miller & Long. “It’s, ‘Hey, you knew the risks when you signed the deal.’" Diesel, jet and marine fuel prices are soaring, pressuring the construction companies, transportation businesses and farmers that are the biggest users.

This wasn’t the way Laurette Bennhold-Samaan wanted to learn she had breast cancer: alone and logging onto her medical portal to see the words “invasive ductal carcinoma." Stunned, the 62-year-old from Arlington, Va., called her doctor. “I’m sorry you’re giving me the information I should be giving you," she recalls her doctor saying. People are now often getting medical information from portals and electronic health records directly, without it first being filtered by their doctor.

Infosys shares closed 0.65% higher at ₹1506.75 per share on BSE on Thursday. During the board meeting, Infosys will “approve and take on record the audited consolidated financial results of the Company and its subsidiaries as per Indian Accounting Standards (INDAS) for the quarter and half year ending September 30, 2023." It will also release its audited standalone financial result.