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SINGAPORE (Reuters) -Oil prices were on track on Friday to snap a two-week winning streak after the U.S. central bank indicated interest rate cuts could be delayed by at least two more months, but indications of healthy fuel demand and supply concerns could revive prices in coming days.

inflation and growth forecast of 4.5 per cent and 7 per cent each for FY25, India's policymakers are inferring that the economy is in a 'Goldilocks scenario'. However, economists say they must err on the side of caution. The six members of the Reserve Bank of India’s Monetary Policy Committee (MPC) broadly agreed that while there is a need to be vigilant, there is some comfort in retail inflation in India. At the same time, they also agreed that the Indian economy is currently showing resilience on the growth front, according to the minutes of the latest policy meeting.

trade agreements with the UK, Oman and four European nation bloc EFTA will reflect its commitment to trade liberalisation and economic integration at a time when the whole world is turning protectionist, according to a report. Economic think tank Global Trade Research Initiative (GTRI) said the free trade agreements (FTAs) have become pivotal instruments for India's economic expansion and integration into the world market. These nations and the bloc are eager to finalize these agreements before the upcoming general elections, GTRI said, adding the talks are on the verge of conclusion. Signing of these three agreements will take India's FTA tally from 13 to 16.

As the retirement plan space slowly but surely piques the interest of broker-dealers, asset managers have to revamp their strategies to work with advisors who focus on defined-contribution plans, according to new research from Cerulli.

Sensex climbed 535.15 points to close at 73,158.24, while the Nifty 50 settled at 22,217.45, up by 162.40 points, or 0.74%. Nifty 50 formed a long bull candle on the daily chart with a long lower shadow. “Technically, this pattern indicates a sharp comeback of bulls after two sessions of weakness.

On February 20, self-proclaimed Bitcoin creator Craig Wright submitted 164,000 pages of fresh evidence in his legal battle against the Crypto Open Patent Alliance (COPA). The ongoing trial has sparked increased scrutiny over Wright’s claim that he created Bitcoin.

Google Doodle on Friday celebrated Polish-American biochemist Casimir Funk's 140th birthday. According to the description, Funk was among the first to discover and introduce the concept of vitamins and essential nutrients needed for human health. Casimir Funk grew up in Poland, and after finishing high school, he travelled to Switzerland to study biology and chemistry.

«The move shows that bulls are in control thus participants should continue with a “buy on dips” approach until Nifty decisively breaks the 21,800 level. At the same time, we are seeing a mixed trend within the sectors so participants should maintain extra caution in stock selection and prefer counters with higher relative strength,» Ajit Mishra, SVP — Technical Research, Religare Broking

By Sam Nussey and Miho Uranaka

Google said Thursday it’s temporarily stopping its Gemini artificial intelligence chatbot from generating images of people a day after apologizing for “inaccuracies” in historical depictions that it was creating

After years of refusing to expand Medicaid, some of Mississippi’s Republican leaders now say they are open to the policy

₹100 crore by 2036—a momentous year for Odisha as it will complete 100 years of statehood. India ranks among the world’s top three countries assessed in terms of startup ecosystems, and is expected to see a consistent year-on-year growth of 12-15%. India’s youthful demographic advantage serves as a fertile ground for startups.

Analysts have moved to downgrade the shares of Rivian Automotive (NASDAQ:RIVN) on Thursday as the slump across electric vehicle stocks continues.

Train follows a «well-defined» investment philosophy, but has become «gloomier» on small and mid-caps due to market liquidity concerns amid outflows, the firm's fund research analysts said in their latest qualitative Medalist Rating rebalancing. The £1.8bn Finsbury Growth & Income trust has underperformed the AIC UK Equity Income sector in the past three years, according to the Association of Investment Companies. In share price terms, the trust is up 4.1% in the last three years, while the sector has gained 17.2%. Its  NAV total return is up 12.6% over the period, compared to the sec...

tribute to a 98-year-old said to be Waffen SS member in the House of Commons.Prime Minister Justin Trudeau apologized, and said he would consider releasing Canada’s Nazi war crimes files.So far the government’s only action has been to further declassify a study prepared for Canada’s 1987 Commission of Inquiry on War Criminals.The gaffe in Parliament resurrected a painful lapse in Canada’s post-war history: the failure to keep out or prosecute those who played a role in the Holocaust.In the decades following the war, Jewish groups alerted the government to the Nazis and collaborators who had slipped into Canada: an Auschwitz commander, a Gestapo member, soldiers, and camp guards.Their alleged crimes included torture, executions, massacres, liquidation of Jewish ghettoes and “participating in the extermination of Jews,” according to government records.Some of the allegations were specific. One suspect was accused of “having two women hosed down overnight with cold water for acts of sabotage” in Austria.

Goldman Sachs is upbeat about the economy this year. Its economists see healthy growth of 2.3%, unemployment staying below 4%, and the probability of recession at just 15%—all more optimistic than the consensus. And they see inflation, excluding food and energy, continuing to fall, to a little over 2% (using the Federal Reserve’s preferred measure) by year-end.

At a Treasury Committee hearing yesterday (21 February), a trio of economists were quizzed on the role of OBR forecasts ahead of Chancellor Jeremy Hunt's Spring Budget on 6 March. Charlie Bean, professor at the London School of Economics, who has also served as chief economist and deputy governor for monetary policy at the Bank of England and as a budget responsibility committee member at the OBR, said it would be «desirable» to operate the fiscal regime in a way that was less reliant on the OBR forecasts. Nina Skero, CEO of the Centre for Economic and Business Research, agreed, notin...

IIT Guwahati has partnered with EduRade, a brand owned by RC HobbyTech Solutions Pvt. Ltd and incubated at IIT Guwahati Research Park, to start a Remote Pilot Training Organisation (RPTO). Spanning 18 acres and with the capability to fly nine medium-class drones simultaneously, the RPTO at IIT Guwahati is being touted as India’s largest. The RPTO’s main objective is to promote drone technology in the country and meet rising demand for drone pilots. It also aligns with the vision of making India a global drone hub in line with the government's ‘Namo Drone Didi’ initiative.

For the millions of workers who find going into the office stinks, some real-estate executives say they have a remedy: Make the office smell better. Hines, a commercial landlord with skyscrapers worldwide, has developed a special scent it began quietly pumping into the heating, air conditioning and ventilation system in its Texas Tower headquarters in Houston late last year. It’s rolling out the fragrance in more than 20 other office buildings and apartment complexes this year, from Chicago and New York to London and Delhi, India.

competes with care for those who have the most severe ones. Start with the idea that mental health has become a catch-all term. The sheer proportions of people who say they have a disorder is a red flag.

CJI) D.Y. Chandrachud launched the AYUSH Holistic Wellness Centre within the Supreme Court premises on Thursday. He also shared his personal experience with AYUSH treatments, including Ayurveda, Yoga, and Naturopathy, during his battle with Covid-19. In an interview with ANI, CJI Chandrachud revealed Prime Minister Narendra Modi's intervention in facilitating his access to AYUSH treatment for Covid-19. He stated, «The Prime Minister called me when I was down with Covid and arranged for a consultation with an AYUSH vaidya. I took the medicine and did not require allopathic treatment in subsequent Covid infections.»